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.
28,480 total articles
Concorde International Group Ltd (NASDAQ:CIGL) saw its stock rise 20.9% after announcing a merger agreement to bring YOOV Group Holding Limited - an AI-powered business automation provider - into a newly created CIGL subsidiary. The transaction values YOOV at $600 million. Under the structure, YOOV will become a wholly-owned unit of CIGL and YOOV s…
Baird upgraded GE Vernova to Outperform, arguing that the market has misjudged the timing and extent of potential overcapacity in gas power. Analyst Ben Kallo says the energy-infrastructure cycle is in its early stages and that GE Vernova stands to benefit materially, with margin expansion, services growth and a strong backlog driving upside. The f…
Mobix Labs saw its stock climb sharply after securing Federal Aviation Administration certification for a next-generation drone-based airborne sensing platform developed by its Wireless Division, RaGE Systems. The approval enables the company to expand field operations, start customer pilot programs and pursue deployments in the infrastructure insp…
Oncolytics Biotech Inc. (NASDAQ:ONCY) rose sharply after the U.S. Food and Drug Administration awarded Fast Track Designation to its pelareorep combination therapy for KRAS-mutant, microsatellite-stable metastatic colorectal cancer in the second-line setting. The designation follows promising clinical results showing higher response rates and longe…
Lawmakers and representatives from Waymo and Tesla are urging Congress to advance long-stalled legislation designed to accelerate deployment of self-driving vehicles. Testimony before the Senate Commerce Committee emphasizes concerns that China could set global standards and gain manufacturing dominance if the United States does not lead in autonom…
Egetis Therapeutics AB (STO:EGTX) stands to receive a Priority Review Voucher if one of its candidate therapies for rare pediatric diseases is approved under the U.S. Food and Drug Administration's Rare Pediatric Disease Priority Review Program, a scheme that has been extended through 2029. The voucher can expedite regulatory review of a future app…
Amazon is reportedly exploring an equity investment in OpenAI valued in the tens of billions of dollars, coupled with a commercial arrangement that would see OpenAI assign researchers and engineers to build customized AI models for Amazon’s offerings. The proposed agreement would involve joint efforts to adapt OpenAI’s models so they meet Amazon’s …
Baird upgraded Capri Holdings to Outperform after the stock fell about 13% on Tuesday. The firm called the decline excessive given Capri's modest beats on sales and EBIT, an EPS beat, and a steady outlook. Baird maintained a $26 price target and said the pullback has improved the stock's risk-reward profile as early recovery signs appear at Michael…
Wolfe Research analyst Chris Caso told clients that Nvidia's recent share consolidation has rendered the stock's valuation attractive once more. Wolfe reiterated that its positive stance rests on fundamentals rather than seasonal trading patterns, and highlighted upside to estimates for calendar years 2026 and 2027 driven by unit growth and pricing…
China has vowed to protect its companies after the European Union initiated an investigation into Goldwind Science & Technology under the bloc's Foreign Subsidies Regulation. Beijing's commerce ministry called on the EU to retract what it described as wrongful actions and to be cautious in deploying unilateral investigative tools, while the foreign…
New Automotive data for January shows Tesla's UK battery-electric vehicle (BEV) deliveries plunged more than 57% year-on-year to 647 units, less than half the BEVs sold by Chinese rival BYD. BYD and Ford grew their BEV volumes in the month, while overall UK car registrations slipped 4.6% to 133,571 vehicles. The results underscore mounting competit…
Corporate insiders disclosed a range of notable transactions on Tuesday, February 3, 2026, spanning large-cap technology and industrial names as well as smaller-cap and sector-specific issuers. Significant insider purchases included Streamex Corp, multiple TCG Crossover entities in Surrozen, and two Crane Co directors. At the opposite end of the ta…
Brookfield Asset Management has appointed Connor Teskey as chief executive officer while Bruce Flatt remains chair, a change that coincides with the firm reporting its strongest results since listing, including $112 billion raised in 2025 and rising fee-related earnings. The company also announced strategic initiatives such as a $100 billion global…
Egypt's Supreme Council for Media Regulation (SCMR) has announced plans to ban access to the Roblox gaming platform, coordinating the move with the National Telecommunications Regulatory Authority (NTRA) as part of a broader government push to shield children from harmful online material. The action follows recent cabinet discussions and signals th…
BofA upgraded Five Below Inc (NASDAQ:FIVE) to Buy from Underperform, citing improvements in execution following leadership changes and a merchant-led strategic shift. The bank raised its price target to $233 from $158, and the stock traded higher in premarket activity. BofA expects headwinds in 2025 tied to tariffs and incentives to be temporary an…
Feb 4 - Clear Street is pursuing an initial public offering that would value the securities and derivatives broker at as much as $11.8 billion. The New York-based firm plans to offer 23.8 million shares at $40 to $44 apiece to raise up to $1.05 billion and intends to list on the Nasdaq under the symbol CLRS. The move comes as U.S. IPO issuance gain…
Kingstone Companies Inc reported preliminary, record fourth-quarter and full-year 2025 results that included substantial improvements in GAAP net combined ratios, higher operating net income per diluted share and growth in direct premiums written. The Kingston, New York-based regional insurer's stock rose 10% on Wednesday following the announcement…
Jefferies has identified a group of European capital-goods companies that it believes are well positioned to capture growth from data center expansion, power-infrastructure investment and industrial automation. The broker highlights expected revenue drivers, margin improvements and capital allocation dynamics across Legrand, Siemens, Siemens Energy…
Novo Nordisk's stock fell sharply after the company warned that both sales and operating profit would decline in 2026, citing lower drug prices in the United States. The 16% drop in shares erased roughly $50 billion in market value and marked a significant reversal for the obesity drug maker's market position.
Live Nation Entertainment has entered an agreement to acquire Italy-based venue operator ForumNet from holding company Bastogi in a transaction valuing the business at an enterprise value of 90 million euros. The purchase, centered on Milan's Unipol Forum, carries a theoretical equity value near 103 million euros after a positive net adjustment of …
BetMGM said it paid $270 million to parent companies MGM Resorts and Entain after reporting 2025 results that exceeded its initial expectations. Growth in online sports betting and iGaming drove annual revenue to $2.8 billion for the year ended December 31. The joint venture issued 2026 guidance for net revenue of $3.1 billion to $3.2 billion and p…
Boston Scientific projected moderate revenue growth and set 2026 adjusted EPS guidance just below Wall Street consensus, prompting a premarket share decline of more than 11% despite quarterly results that beat expectations. The company cited an anticipated slowdown in organic growth as it prepares to integrate its recently announced $14.5 billion a…
Union Pacific and Wabtec have agreed to a $1.2 billion program to modernize the railroad’s AC4400 locomotives, with deliveries slated to start in 2027. The companies describe the agreement as the largest locomotive modernization investment in rail industry history and say the upgrades will cut fuel use, boost tractive effort and substantially impro…
AbbVie raised its adjusted 2026 earnings-per-share guidance above analyst estimates after a fourth-quarter performance that surpassed expectations. Strong sales of Skyrizi and Rinvoq, a less-than-anticipated drop in Humira revenue and a rebound in cosmetic Botox sales supported the results. The company continues to invest heavily through acquisitio…
DraftKings and Flutter Entertainment saw their shares climb ahead of the Super Bowl as a dispute in the prediction market sector involving Kalshi and data firm Juice Reel became public. Despite the controversy over user losses reported by a third-party analyst, data indicates that sports-betting apps from DraftKings and FanDuel continue to register…
