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.
30,178 total articles
A coordinated selloff hit Broadcom, Oracle and Micron simultaneously, producing steep intraday drops and creating a moment to reassess each company’s risk-reward. Broadcom offers a high-quality free cash flow story and an AI “tollbooth” profile; Oracle shows the biggest implied upside but carries heavy leverage and negative levered cash flow; Micro…
A short essay by Anthropic CEO Dario Amodei urging a deliberate slowdown in frontier model capability development - titled "We Must Pace the Frontier" - has quickly gained endorsements from OpenAI’s Sam Altman, Elon Musk and Google DeepMind’s Demis Hassabis. Markets that had priced in years of uninterrupted AI infrastructure expansion are recalibra…
Markets are currently pricing two opposing risks tied to AI. Evidence suggests the worry that AI will immediately displace established enterprise software is likely exaggerated, while the sustainability of elevated AI capital expenditure is a credible uncertainty. Names such as Adobe and Figma show resilience in adoption and revenue, even as NVIDIA…
As of Sep 14, 3:10 PM EDT, Chewy (CHWY) is trading markedly higher than Petco (WOOF), reflecting a wider split between the digital-first retailer and the leveraged brick-and-mortar operator. Chewy’s revenue and EBITDA momentum contrasts with Petco’s declining top line and heavy debt load, complicating the pairs-trade case of long CHWY / short WOOF.
The U.S. Treasury announced sanctions on Russia’s VTB Bank PJSC on Sept. 14, citing the lender's role in helping Iran evade existing sanctions. The measure expands earlier penalties placed on VTB following Russia’s 2022 invasion of Ukraine and forms part of a broader U.S. campaign targeting Iranian financial and trade networks.
Bank of America said it expects third-quarter investment banking fees to decline by at least 10% year-over-year, forecasting $1.6 billion to $1.8 billion in revenue versus $2.0 billion a year earlier. CEO Brian Moynihan told investors sales and trading revenue should be roughly flat, while noting a healthy deal pipeline but warning that higher inte…
Shares of Visa and Mastercard pulled back after reports that several of Britain’s largest banks are coordinating a fundraising to establish a domestic payments infrastructure. The initiative, organized under the newly created UK Payments Delivery Company (PDC), plans an equity raise of about £50 million to cover incorporation and mobilization and t…
Bond yields across the euro zone advanced on Monday, led by Germany's 10-year yield which reached 3.5544%, its strongest reading since mid-2009. The move came as oil prices rose and investors positioned for a busy week of central bank announcements from the Federal Reserve, Bank of Japan and Bank of England.
Guangzhou Automobile Group (GAC) has signed a letter of intent with FAW Group to acquire part of FAW's holding in a vehicle-manufacturing joint venture through a share issuance combined with a proposed capital raise. The deal, disclosed in a filing to the Shanghai Stock Exchange, would, if completed, place FAW as the second-largest shareholder in G…
The Nasdaq 100 is trading in a compressed range around 29,354.5 after printing a doji at 29,298. Falling volume and low volatility readings suggest a buildup of pressure within a rectangle pattern bounded by 29,000 on the downside and 29,700 on the upside. Key technical levels - including the 200-period moving average, SMA(50), Ichimoku Kijun, Supe…
Kanzhun's American Depositary Receipt fell 5.7% in morning trade to $15.51 from an opening $16.03, pressured by a prior earnings shortfall, a recent executive role change, and a weak broader market tone that has hit growth- and China-exposed names disproportionately. No single new catalyst was identified for the decline, leaving investors to weigh …
Guangzhou Automobile Group (GAC) said it has initialed a letter of intent with FAW Group to buy a portion of FAW’s stake in an unspecified vehicle-manufacturing joint venture via a share issuance and a proposed capital injection. The target JV’s name is being withheld because it involves an overseas-listed company. The deal is not final and require…
Prediction markets reached new highs over the NFL weekend, with combined volumes across eight exchanges totaling $3.17 billion on Saturday and $3.12 billion on Sunday. Platform-level activity varied sharply: DKeX recorded strong single-day gains, Kalshi dominated total weekend volume, and Polymarket’s Sunday throughput trailed its World Cup daily a…
Waldencast plc shares fell sharply in premarket trading after the company announced a voluntary plan to delist from Nasdaq and suspend U.S. public reporting. The board cited the high relative cost of maintaining a Nasdaq listing, limited trading volume and a capital structure that no longer requires access to U.S. public equity markets following re…
Buildots announced a $130 million funding round led by O.G. Venture Partners, bringing total capital raised to $297 million. The Tel Aviv-based company provides an AI platform that builds digital twins of construction projects using computer vision trained on eight years of site data. The firm said enterprise, portfolio-wide contracts worth seven f…
Coherent stock fell about 6.5% in pre-market trading to $285.59 amid continued selling in the AI photonics sector. The drop extends a correction from the stock's 52-week high of $440 and follows a post-earnings rotation that began in mid-August. Strong fiscal Q4 2026 results have not halted the pullback, while multiple insider transactions flagged …
Hochtief shares plunged 7.9% to €383.3 after semiconductor-related names came under pressure following public calls from U.S. technology leaders to slow AI development. The decline accelerated after a major broker published a below-market price target, compounding market-wide risk aversion as macro data releases and weaker U.S. equity performance d…
CEOs of Europe's leading truck and bus manufacturers are urging the European Union to push back the compliance date for the 2030 heavy-duty vehicle CO2 reduction target by three years, citing a lack of charging infrastructure and elevated energy costs that limit adoption of zero-emission vehicles. They also called on policymakers to accelerate infr…
Capricor Therapeutics rallied sharply in pre-open trading after B.Riley moved from a Neutral stance to a Buy rating and raised its price target from $5 to $21. The upgrade highlights an asymmetric risk-reward into the November 22, 2026 PDUFA date for deramiocel and points to the World Muscle Society meeting on October 3, 2026 as a potential near-te…
ASM International - which manufactures atomic layer deposition equipment used to produce cutting-edge logic and memory chips that feed AI data centers - fell 6.6% today, sliding from an opening price of €800 to a session low of €775. The decline was driven by public appeals from leaders at OpenAI and Anthropic for a temporary slowdown in advanced A…
The Hang Seng index has fallen decisively below its primary moving averages on the 5-hour chart and sits at 24,660.5, with momentum indicators approaching oversold readings. Technical alignment points to a sustained downtrend, while the RSI at 30.8 leaves room for a short-lived bounce. Traders face layered resistance overhead and defined support le…
Investors withdrew $4.45 billion from U.S. equity exchange-traded funds over the week as data-driven bets on an imminent Federal Reserve rate increase intensified. The pullback was concentrated in large core S&P 500 trackers and interest-rate-sensitive sectors, while Treasury yields surged and high-yield bond ETFs continued to see redemptions.
OpenAI's CEO Sam Altman told Fortune that the company will not pursue an initial public offering in 2026, citing safety and alignment issues around rapidly advancing artificial intelligence. The announcement comes amid mounting concerns from AI researchers and politicians, as well as public calls from competitors to slow development. Anthropic's CE…
A federal appeals court unanimously ruled that the Department of Energy overstepped its authority when it ordered a Michigan coal-fired plant to remain online beyond its scheduled retirement. The decision reverses a 2025 directive that mandated continued operation of the Consumers Energy J.H. Campbell Generating Plant and marks a legal setback for …
Descartes Systems shares climbed after the company posted fiscal second-quarter results that beat analyst expectations across revenue, earnings and margins. Record quarterly revenue and adjusted EBITDA, a stronger-than-expected services growth read, a debt-free balance sheet with $401 million in cash, and two recent acquisitions helped underpin the…
