Daily coverage of equity markets, sectors, and major indices.
In-depth reporting on U.S. and global stock markets, including index performance, sector rotation, earnings reactions, volatility trends, and notable single-stock moves. Designed to help traders and investors understand what is driving price action across equities.
28,518 total articles
Micron Technology told attendees at Wolfe Research’s Autos/Semis conference that it has started volume shipments of its HBM4 memory in the first quarter, moving shipment timing forward by a full quarter from what the company discussed in December. Management denied reports of technical problems with the product, said demand is significantly higher …
ARKO Petroleum, a wholesale fuel distributor and subsidiary of ARKO Corp, completed an upsized U.S. initial public offering, selling 11.11 million shares at $18 apiece to raise just under $200 million. The deal values the company at about $819 million and will see the firm listed on Nasdaq under the ticker APC. Management said proceeds will be used…
ARKO Petroleum priced an upsized initial public offering at $18 per share, the low end of its marketed range, selling 11.11 million shares and raising nearly $200 million. The Richmond, Virginia-based wholesale fuel distributor will list on Nasdaq under the ticker APC and plans to use the proceeds to reduce debt and for general corporate purposes. …
Paycom Software’s guidance for fiscal 2026 revenue came in below analyst expectations, overshadowing a generally steady fourth quarter that produced healthy margins. Management projects slower topline growth than the Street expected, while recurring revenue and incremental revenue metrics point to a moderation from the prior year. Analysts offered …
Mercedes-Benz's Chief Financial Officer Harald Wilhelm said on Thursday the automaker currently has no intention of exporting vehicles built in China to European or U.S. markets. Wilhelm added that the company is willing to enhance its pricing competitiveness where required, supported by efficiency measures that provide flexibility. He also express…
Fewer international visitors are traveling to the United States this year, with Canadian departures accounting for the largest share of the decline. Travel agents and vacation specialists say political tensions and immigration enforcement concerns have prompted many Canadians to redirect Disney vacations and other U.S.-bound trips to destinations i…
Thyssenkrupp's CEO Miguel Lopez said stronger sentiment for European steel companies, driven by forthcoming import quotas and tariffs, has favorably influenced negotiations with India’s Jindal Steel over a planned majority sale of Thyssenkrupp Steel Europe. The company also disclosed pension liabilities tied to the steel business of about 2.4 bill…
Two major Chinese carmakers, BYD and Geely, are reported to be finalists to acquire the Nissan-Mercedes-Benz assembly plant in Aguascalientes, Mexico, alongside Vietnamese EV maker VinFast. The shortlist emerged from nine bidders that included other Chinese manufacturers such as Chery and Great Wall Motor. The possible sale highlights growing Chine…
Morgan Stanley upgraded Zalando SE from underweight to equal-weight, arguing that the stock's sharp decline has brought its valuation closer to peers and improved the risk-reward profile. The bank set a €23 price target and flagged continued competitive and structural headwinds, while modeling adjusted EBIT below consensus for 2026 and 2027.
Short interest on a basket of European stocks judged to be exposed to potential disruption from artificial intelligence has increased meaningfully, with shares out on loan as a percentage of free float rising on average from around 2% two years ago to more than 5% recently. Several large names in the basket show particularly elevated ratios, and th…
Senior U.S. officials have suspended a set of proposed and active technology restrictions targeting Chinese companies and products ahead of an anticipated April summit between the two countries' presidents. The measures span bans on China Telecom's U.S. operations, limits on sales of Chinese hardware for American data centers, proposed prohibitions…
Equinix shares jumped roughly 10% in extended trading to about $954 after the digital infrastructure provider projected 2026 revenue above Street estimates and raised its adjusted funds from operations (AFFO) per share growth target. Management cited strong demand for AI workloads, a heavy weighting of enterprise customers among bookings, and early…
Two of American Airlines’ largest unions have shifted from contract-focused grievances to direct challenges to corporate leadership, asking the board to intervene amid persistent profit and reliability shortfalls compared with Delta and United. The pilots’ union has requested a meeting with the full board while the flight attendants’ union has issu…
BofA Securities downgraded Sanofi from "buy" to "neutral" and lowered its price objective to €92 from €102, citing a constrained catalyst outlook for 2026-27 and uncertainty following a management transition. The news weighed on the stock, which tumbled more than 6% on Thursday. BofA highlighted a reduced valuation multiple and specific upcoming tr…
Fincantieri updated its 2025 financial outlook and presented a new five-year plan for 2026-2030 at an investor presentation, increasing its 2025 EBITDA margin guidance and setting multi-year revenue and margin targets including projections for 2035. The disclosure was followed by a stock rise of 5.2%.
India's equity benchmarks closed lower on Thursday with the Nifty 50 down 0.57% and the BSE Sensex off 0.66%. Losses concentrated in Technology, Real Estate and Oil & Gas drove the retreat, even as Bajaj Finance, Shriram Finance and Eicher Motors posted gains. Market breadth favoured decliners and the India VIX rose modestly; key commodities and cu…
Novocure saw a significant premarket share rise after the U.S. Food and Drug Administration approved Optune Pax for use with gemcitabine and nab-paclitaxel in locally advanced pancreatic cancer. The device, which administers Tumor Treating Fields, produced modest survival benefits in Phase 3 testing and delayed pain progression, with the approval a…
Orkla closed 2024 with stronger-than-expected fourth-quarter organic growth across its Consolidated Portfolio Companies, driven by an outperforming Snacks division and robust Food Ingredients results. The company reported higher revenue, an improved adjusted EBIT margin, and adjusted earnings per share that exceeded analyst forecasts. Management id…
Flow Traders reported fourth-quarter EBITDA of €49.2 million, beating consensus by 9% as European operations delivered higher-than-expected revenue capture. Net trading income was €123.8 million, while the company signaled higher fixed operating expenses for 2026 than analysts had forecasted, with the midpoint implying double-digit growth in costs …
KBC Groep reported adjusted pre-tax profit for the fourth quarter of 2025 that modestly outpaced analyst estimates and provided forward guidance for 2026 and 2028 that sits above current consensus on several metrics. The quarter delivered stronger than expected net interest income and revenues, small additional operating costs and limited impairmen…
Carl Zeiss Meditec reported first-quarter results that missed consensus on sales and adjusted EBIT. Organic sales declined, key operating segments underperformed versus expectations, and the company has formally withdrawn its fiscal 2026 guidance while it reviews its outlook and strategy ahead of its six-month results in April.
Datwyler reported second-half 2025 sales of CHF538 million, a touch below expectations, while delivering stronger-than-expected profitability with a 12.6% EBIT margin. Full-year 2025 group sales reached CHF1.101 billion with an adjusted EBIT margin of 12.4%, up from 12.0% in 2024. The company proposed a CHF3.20 per share dividend and outlined a qua…
Unibail-Rodamco-Westfield reported full-year 2025 results highlighting the lowest EPRA vacancy rate since 2017 and positive revaluations across its portfolio. Adjusted recurring earnings per share for FY25 were €9.58, marginally below consensus, weighed by €1.6 billion of disposals completed in 2025. Tenant sales, footfall and net tangible assets p…
Kioxia reported stronger-than-expected third-quarter results and issued a fourth-quarter outlook that far exceeded consensus, prompting fresh gains across memory stocks. The company said its full NAND flash production capacity for 2026 is already sold out, while SSD, storage and smart device sales each showed year-over-year growth. Micron executive…
Sanofi has appointed Belén Garijo, 65, as its new chief executive after electing not to renew Paul Hudson's mandate. The move comes as the group contends with U.S. vaccine challenges and a lingering turnaround since 2019. Garijo brings prior Sanofi experience and recent leadership of Merck KGaA, where her record includes acquisitions, divestitures …
