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.
23,098 total articles
The Court of Justice of the European Union has dismissed Google and Alphabet's appeal of a reduced €4.1 billion fine tied to restrictions on phone makers that required pre-installation of Google Search, Chrome and Google Play. The ruling confirms an earlier decision that found Google abused its dominant position within the Android ecosystem. Google…
Investors are trimming exposure to large technology names as the market heads into the second half of 2026, according to Goldman Sachs derivatives specialist Brian Garrett. The shift reflects a preference for companies that benefit from capital spending - such as semiconductor firms - and caution toward hyperscalers that are funding much of the AI …
Britain’s intervention threat in Paramount Skydance Corp’s proposed takeover of Warner Bros Discovery looks aimed at extracting concessions on media plurality, children’s TV and British production rather than outright vetoing the $110 billion transaction. With ticking fees that raise the cost of delay and separate competition and public-interest pr…
Jefferies raised its price targets for ASML Holding and STMicroelectronics after upgrading estimates and noting a broad re-rating across European semiconductor peers. The brokerage highlighted hefty gains across the group in Q2 2026, projected higher ASML revenue guidance ranges and set new valuation frameworks for both names. Jefferies kept buy ra…
India's equity benchmarks closed higher on Thursday, driven by strong performances in IT, technology and consumer durables names. The Nifty 50 advanced 0.71% to reach a fresh one-month high, while the BSE Sensex rose 0.75%. Large-cap IT firms registered the session's biggest gains, while select financials and consumer staples lagged. Market-wide vo…
On Holding's stock climbed in pre-open trading after JPMorgan reinstated coverage with an Overweight rating and placed the stock on a Positive Catalyst Watch, while BTIG named it its large-cap top consumer pick for H2 2026. Both broker notes and recent insider purchases by the company's three co-founders contributed to renewed investor interest as …
Palantir Technologies is rising in pre-market trade after a cluster of high-impact company developments lifted investor interest. The stock is up 3.7% pre-open as traders respond to a sovereign AI collaboration with Nvidia, a U.S. Army selection of Palantir Foundry for its Next Generation Command and Control program, a DA Davidson upgrade, a public…
Airbus Defence and Space has been contracted by the European Space Agency to design and build Aeolus-2, a successor to the 2018 Aeolus wind-observing satellite. The agreement, signed at ESA’s ECSAT facility in Harwell, tasks Airbus with delivering a satellite equipped with an ultraviolet Doppler wind lidar and an additional aerosol detector. Aeolus…
Verisk, a catastrophe and risk modeling firm, estimates that the economic toll from two powerful earthquakes that struck north-central Venezuela on June 24 will top $10 billion. The company reported severe damage concentrated in the Caracas metropolitan area and the coastal state of La Guaira, where around 1,400 buildings were destroyed. Verisk als…
AB SKF shares climbed 3.9% to SEK 258.6 following an announcement that the company will form a joint venture with China-based Leaderdrive to produce high-precision transmission components for humanoid robot joints. SKF will take a 60% stake in the China-headquartered entity, which is expected to commence operations by year-end 2026. The partnership…
JetZero is assembling a full-scale demonstrator of a blended-wing commercial jet in a Mojave Desert hangar, aiming at the lucrative 200-plus-seat segment that once sat between narrowbodies and widebodies. The test aircraft - built by Scaled Composites and powered by Pratt & Whitney engines - is slated to fly by the end of next year and has drawn in…
Novartis announced that the European Commission has approved Itvisma (onasemnogene abeparvovec) to treat a broad population of patients with 5q spinal muscular atrophy (SMA) who carry a bi-allelic mutation in the SMN1 gene. The approval covers children aged two years and older, teenagers and adults. Itvisma is approved as a single fixed dose gene r…
Norwegian fertiliser company Yara said a subsidiary has agreed to acquire Gulf Coast Ammonia’s Texas production facility from GCA Holdings LLC for $1.3 billion. The purchase follows Yara's June decision not to proceed with a planned acquisition of ammonia assets at the Louisiana Clean Energy Complex from Air Products. Under the terms, Air Products …
Infleqtion shares climbed in pre-open trading after Canaccord started coverage with a Buy rating and a $22 price target. The initiation adds to existing Buy endorsements, and is occurring amid company-level positives including a CHIPS Act Letter of Intent and raised 2026 revenue guidance, while overall U.S. markets were softer in pre-market trade.
UBS Global Research has upgraded Pandora A/S to neutral from a more cautious stance and raised its price target to 757 Danish krone, a 49% increase, citing improved execution under the company's new chief executive. The broker adjusted earnings and margin forecasts higher while noting continued macro uncertainty and consumer pressure. UBS sees limi…
Domino’s Pizza shares have tumbled from an April 2025 high near $542 to around $296.04, approaching a 52-week low as a mix of executive turnover, decelerating U.S. same-store sales and an index reclassification intensify selling pressure. Management has responded with a $1 billion share buyback authorisation and a quarterly dividend, while analysts…
Federal spending of roughly $1.2 billion across at least 18 capital projects in the Washington area has coincided with a surge in long-term Treasury yields and renewed market caution. Bond investors reacted as the 10-year Treasury climbed to 4.475% on July 1, while long-duration ETFs and equity futures showed sensitivity to both fiscal developments…
Citi's foot-traffic tracking indicates a 2.0% year-over-year decline in U.S. restaurant visits for the week ended June 28, a steeper drop than the prior week's 1.1% decrease. The data show divergent results across full-service, limited-service and fast casual operators, with notable winners and laggards among major chains.
Bending Spoons dropped 5.7% in pre-market trading after its near-40% first-day jump as early investors booked gains. The pullback coincides with the IPO settlement date and spotlights the company's heavy debt load, modest net income relative to revenue, rising interest costs and reduced disclosure as a foreign private issuer. A weak tech session, l…
Citi reports U.S. light-vehicle sales at a 16.5 million unit seasonally adjusted annual rate (SAAR) in June, the fourth straight month above 16.0 million. Second-quarter sales reached 4.2 million units, and the bank now projects full-year 2026 sales of 16.15 million units, assuming a modest second-half increase. Inventory discipline and shifting au…
UBS has upgraded Carrefour SA to a buy rating from neutral and increased its 12-month price objective to €19 from €13.20, arguing the French retailer is attractively valued. The brokerage highlighted a low forward multiple, a double-digit free cash flow yield and progress on the Carrefour 2030 strategy as the key drivers behind the move.
A sharp unwind of AI-driven bets in Asian semiconductor names sent Japan's Nikkei 225 down 2.33% and pushed South Korea's KOSPI sharply lower, as investors reassessed demand assumptions for memory chips. Attention is shifting to the U.S. June non-farm payrolls report, with rising Treasury yields and a jittery dollar adding to market sensitivity.
The European Court of Justice has dismissed Google and Alphabet's appeal against a multibillion-euro antitrust penalty related to the Android operating system, upholding a roughly €4.1 billion fine. The ruling maintains the finding that pre-installation arrangements with handset makers gave Google's apps an unfair market edge. The decision follows …
Baltic Classifieds Group PLC shares fell sharply after the company reported full-year results for the year ended April 30, 2026. Revenue growth of 7% to €88.5 million missed every analyst estimate, prompting early selling, even as operating profit rose 13% to €60.4 million. A flat Auto vertical, a €101.1 million capital return program and guidance …
Capricorn Energy shares jumped sharply after Genel Energy proposed a recommended cash acquisition of Capricorn for about $360 million. The proposed deal values Capricorn at $4.74 per share, delivered as $3.75 in cash plus a $0.99 special dividend, and carries a 34% premium to the company’s closing price before the offer period began. The transactio…
