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.
30,184 total articles
Three former colleagues who previously worked together at Farrer and received initial backing from Millennium Management in 2024 are launching separate commodity-focused hedge funds targeting a combined $1.4 billion. Les Finemore and Al Fullerton have formed Moreton Capital Partners, aiming for $1 billion with an AI-enhanced quantitative approach, …
Novo Nordisk fell sharply after its next-generation obesity medicine CagriSema failed to demonstrate parity with Eli Lilly’s tirzepatide in a head-to-head trial. The share price drop wiped out the remaining market gains from Wegovy’s launch and pushed the stock to its lowest levels since mid-2021, reigniting concerns about competition and future re…
Futures tied to Canada’s primary equity benchmark eased on Monday as investors weighed the implications of recent U.S. trade-policy developments. The S&P/TSX 60 futures were slightly lower in early trading after the composite index posted weekly gains and a record closing high last week. U.S. moves on tariffs - including a Supreme Court rebuke of e…
Goldman Sachs downgraded Rio Tinto from "buy" to "neutral" and reduced its 12-month price target by 6% to £74 per share, saying the miner's roughly 60% share price appreciation over the prior six months leaves little room for further gains. The bank's target is based on an equal weighting of 1x net asset value and a 5.5x EV/EBITDA multiple. Goldman…
Generate Biomedicines has submitted paperwork for a U.S. initial public offering that proposes selling 25 million shares at $15 to $17 apiece, a sale that could raise up to $425 million. The Cambridge, Massachusetts-based company, founded in 2018, develops therapeutics by applying machine learning to protein design and lists immunology, oncology an…
Wells Fargo upgraded Alphabet to Overweight and raised its price target to $387 from $354, saying Google’s combination of customer data, distribution and accelerating compute capacity positions it to lead the next phase of artificial intelligence. The bank's Project Google capacity analysis forecasts a major expansion in compute resources through 2…
Citi has promoted Texas Instruments (TXN) and Monolithic Power Systems (MPWR) to its highest Buy ratings among analog semiconductor names after the latest earnings season, citing a shift to what it calls Phase 2 of the cycle. The bank highlights margin tailwinds at Texas Instruments and stronger-than-industry enterprise data product growth at Monol…
The U.S. Supreme Court will hear two consecutive cases that test the reach of the Helms-Burton Act, a 1996 statute permitting U.S. lawsuits over property nationalized by Cuba after 1959. One case involves Exxon seeking more than $1 billion from Cuban state entities for oil and gas assets seized in 1960. The other addresses judgments against four cr…
Pernod Ricard shares fell more than 3% on Monday following a downgrade from Deutsche Bank, which moved the stock from "hold" to "sell". The bank said a roughly 20% year-to-date rally has outstripped the company's underlying performance. The downgrade highlights concerns over leverage, the pace of earnings recovery, and consensus expectations for a …
Shares of silver producers listed in the U.S. and Canada moved higher in premarket trading on Monday after spot silver rose 2.6% to $86.73 per ounce, reaching its strongest level in more than two weeks. Market participants attributed the bullion advance to a dip in the U.S. dollar following a U.S. Supreme Court decision related to tariffs.
Domino's Pizza Inc. reported fourth-quarter revenue that topped analyst expectations and added net new stores globally, even as adjusted earnings per share slightly missed forecasts. The company recorded growth in U.S. and international same-store sales, expanded its global footprint, raised its dividend, and generated materially higher free cash f…
Domino’s Pizza shares rose in premarket trading after the company reported fourth-quarter U.S. same-store sales that outpaced analyst projections. Domestic traffic was aided by value-focused promotions and new menu offerings, while international same-store sales came in below forecasts. Quarterly earnings per share improved year-over-year but fell …
Domino’s Pizza reported U.S. same-store sales growth that exceeded Wall Street expectations, lifted by price-driven promotions, fresh menu introductions and expanded delivery reach. The chain’s shares rose in premarket trading after the results, though international sales underperformed and quarterly earnings per share fell slightly short of analys…
Automakers are accelerating development of so-called eyes-off driving systems, classified as Level 3 autonomy, which would allow drivers to divert their attention from the road until the vehicle requests takeover. While companies including Ford, General Motors and Honda have announced plans to pursue this capability, others have paused or shelved e…
Software companies in the United States and abroad have been delaying debt issuance as lenders demand higher yields and tougher protections, reflecting concerns that artificial intelligence could materially disrupt business models. Leveraged loan markets and banks underwriting new debt have begun to price in increased default risk, while planned de…
Rosatom's head announced that Russia is prepared to offer Serbia a nuclear power plant project built with Russian technology and to arrange development through an international consortium. The statement provided no specifics on schedule, site selection, or partners. Serbia currently has no nuclear generation capacity and depends on coal and hydropo…
Shares of several large U.S. packaging companies slid in premarket trading after RISI reported a surprise $20-per-ton decline in domestic containerboard prices. Analysts cited weaker demand, discounting by integrated producers and increased European imports as drivers of the move, a development that pressures revenue for firms that rely on containe…
Goldman Sachs strategists report that hedge funds have pared gross leverage from record peaks while executing the fastest portfolio rotation since 2021. Short interest across the median S&P 500 name is elevated, and fund positioning has shifted toward cyclicals, with semiconductors overtaking software in long-portfolio weightings.
Morgan Stanley has trimmed its rating on French real estate group Icade to Equal-weight from Overweight and reduced its price target to €25 from €30, citing limited near-term catalysts after the company's latest results. The broker pointed to a slower-than-expected exit from the healthcare business and revised dividend assumptions, factors that wei…
Covestro AG announced that Chief Executive Officer Dr Markus Steilemann will not extend his contract beyond May 31, 2028. The company’s Supervisory Board will initiate a formal succession process while Steilemann remains in place to hand over responsibilities. Covestro reported EUR 14.2 billion in sales for fiscal year 2024 and employed about 17,50…
The MSCI South Korea Cap ETF attracted about $1 billion in net new money over the past week, the largest weekly inflow in ten years, according to KB Securities. The brokerage highlights a combination of steep year-over-year earnings growth and a single-digit price-to-earnings metric for the market, while forecasting a substantial increase in 2026 o…
Finance Minister Enoch Godongwana will present the 2026 budget bill to parliament, with investors closely watching whether revenue gains from higher metals and gold prices will be used to reduce borrowing or absorbed into ongoing spending. Forecasts from Goldman Sachs and commentary from international institutions and banks frame expectations aroun…
JPMorgan strategist Mislav Matejka continues to back equities, arguing that a favorable growth-inflation tradeoff should persist into 2026. He views episodic market weakness prompted by geopolitical news as temporary and recommends using such pullbacks to add risk. Matejka highlights contained inflation, easing long-term yields and robust activity …
Indian stock indices finished higher on Monday, with the Nifty 50 up 0.55% and the BSE Sensex 30 rising 0.58%. Gains were concentrated in Power, Auto and Public Sector Undertakings names, while several large-cap IT and metal stocks weighed on the market. Volatility eased, commodity moves were mixed and currency pairs showed modest moves.
Novo Nordisk shares fell by more than 10% in mid-morning trading on Monday after the company disclosed that its investigational obesity treatment CagriSema did not meet the primary endpoint in an open-label head-to-head trial designed to compare its weight-loss performance with Eli Lilly's Tirzepatide. The result adds pressure on Novo as it faces i…
