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
Mobico Group reported that a subsidiary is in advanced negotiations with five public transport authorities in Germany to adjust rail service contracts across North Rhine-Westphalia and nearby regions. The announcement coincided with a more than 13% rise in the group's shares as markets reacted to the prospect of contract realignment intended to cre…
Birkenstock has set a target of generating 1 billion euros in incremental revenue across the next three years, aiming for annual top-line growth of 13%-15% at constant currencies. The company expects double-digit expansion in the Americas and EMEA, a doubling of its Asia-Pacific business, and adjusted EPS to grow about 200 basis points faster than …
U.S. stock futures inched higher ahead of the Federal Reserve rate decision, with several corporate earnings reports and operational updates steering premarket activity. Telecom, chipmakers and data-storage names led gains, while a handful of industrial and consumer-facing firms fell despite some beating quarterly estimates.
Morgan Stanley expects most European aerospace and defence firms to meet or beat forecasts for fiscal 2025 and has revised its sector preferences. The bank highlights Rolls-Royce as the leading aerospace pick and Rheinmetall in defence, while signalling that management commentary around 2026 will carry greater weight than FY25 headlines.
Saudi Arabia's stock market ended the trading day higher, with the Tadawul All Share index climbing 0.67% to a one-month high. Gains were concentrated in the Insurance, Petrochemicals and Industrial Investment sectors, while market breadth was mixed as more stocks fell than rose. Commodity prices for crude, Brent and gold moved higher, and key curr…
Travis Kelce will take a stake of under 5% in Sleep Number and serve as a national advertising spokesman for the mattress maker over the next three years. The deal includes a combination of purchased shares and restricted stock that vests over three years. The move comes as Sleep Number pursues a turnaround under new CEO Linda Findley amid declinin…
Corning projected first-quarter core sales above analysts' estimates, driven by steady demand for its fiber-optic products, which account for nearly 40% of company revenue. The company highlighted ongoing investment in optical communications and announced a potential up to $6 billion multi-year supply agreement with Meta Platforms for AI-focused da…
UBS cut its rating on Swiss property owner Mobimo to sell from neutral, saying the company’s development profits - a key earnings driver - should peak in fiscal 2025 and then decline as high-margin projects complete. The broker raised its 12-month price target to CHF330 from CHF308 after lowering its WACC and modestly raising revenue forecasts, but…
In the first weeks of 2026, numerous U.S. companies across technology, consumer, manufacturing, logistics and financial sectors have announced workforce reductions. The moves are framed as cost-cutting, operational consolidation and resource reallocation toward artificial intelligence and cloud initiatives. The rounds of cuts range from several hun…
Morgan Stanley upgraded Hensoldt AG to an "equal-weight" rating from "underweight" and nudged its price target up to €82 from €78 following a roughly 23% decline from the stock's October high. The bank said consensus estimates have been reset after the company's capital markets day and adjusted its forecasts to reflect new guidance, changing free c…
Public Policy Holding Company priced its initial public offering at $12.25 per share, generating roughly $50.8 million in gross proceeds before expenses. The transaction includes both new shares and secondary shares sold by existing stockholders, and underwriters hold a 30-day option to purchase additional shares. Trading began on the Nasdaq Global…
PaleBlueDot AI secured $150 million in a Series B round led by B Capital, pushing its valuation above $1 billion. The Palo Alto-based neocloud company will deploy the funding to acquire Nvidia GPUs and related infrastructure, hire personnel to grow partnerships, and expand both its marketplace for spare GPU capacity and dedicated enterprise GPU clu…
Palladyne AI Corp. (NASDAQ:PDYN) saw its shares climb 13% after the Air Force Research Laboratory granted the company a contract named HANGTIME. The program will deploy Palladyne’s SwarmOS™ platform to connect autonomous systems across multiple domains, integrating satellites for the first time and aiming to enable faster, coordinated decision-maki…
Eli Lilly has entered into a collaboration worth as much as $1.12 billion with Germany-based Seamless Therapeutics to develop and commercialize gene-editing therapies aimed at certain forms of hearing loss. The arrangement grants Lilly access to Seamless' proprietary enzyme platform, which engineers programmable recombinases designed to make large,…
UBS moved Intershop Holding AG (SIX:ISN) from a 'buy' to a 'neutral' rating while increasing its 12-month price target to CHF170. The brokerage says the stock's strong run has restored its valuation to historical norms, leaving scant upside from recent levels. UBS also trimmed revenue and adjusted EPS forecasts for fiscal 2025-27 and highlighted ti…
ThriveCart will roll out ThrivePay Installments later on Wednesday, a feature that lets customers divide purchases into 3, 6, or 12 monthly payments by using available capacity on their existing credit cards rather than creating new loans. The company says the product targets both one-time digital and physical purchases as well as subscriptions, an…
GE Vernova on Wednesday raised its revenue outlook for 2026 to a range of $44 billion to $45 billion, topping the average analyst estimate of $41.97 billion. The company reported a 34% jump in quarterly orders to $59.3 billion and saw sizable gains in core profits for its electrification and power segments, driven by rising demand from data centers…
On Jan. 28, Eikon Therapeutics filed to pursue a U.S. initial public offering that would value the company at as much as $908.2 million and raise up to $317.7 million by selling 17.65 million shares at $16 to $18 apiece. The Millbrae, California-based drug developer is advancing a cancer pipeline led by EIK1001, being evaluated in combination with …
Bank of America reported that its clients were net buyers of U.S. equities last week for the first time in eight weeks, with single-stock inflows driving the shift. Buying was widespread across client categories, sector flows favored Communication Services and Technology, and ETF activity was mixed - equity ETF outflows contrasted with fixed-income…
UBS downgraded Finnish renewable fuels producer Neste to Neutral from Buy, citing a roughly 30% share-price rise over the past two months that it says already reflects a more favorable regulatory backdrop. The broker lifted its price target modestly but says upside from current levels appears limited, and expects mixed near-term results as maintena…
Walmart has reclassified 3,000 pharmacy technician positions to operations team lead roles, raising the average hourly pay for those roles and expanding top-end wage eligibility for pharmacy technicians as it grows digital healthcare services and delivery options across its 4,600 stores. The move coincides with competitive pressure in the pharmacy …
AT&T said it expects 2026 adjusted earnings per share to exceed analyst forecasts, attributing the upbeat outlook to planned network investments including the acquisition of Lumen’s consumer fiber assets and EchoStar’s spectrum licenses. The company reported healthy fiber and wireless additions in the fourth quarter and will consolidate 5G and fibe…
Stellantis said it will step up price reductions on new cars in France, accelerating a program that began in late 2025. The move, announced by the head of Stellantis France, aims to rebuild vehicle sales volumes in the company's largest European market, with discounts already applied to several small car models.
Texas Instruments shares climbed 7% in premarket trading after the company issued a first-quarter outlook that topped estimates, driven by robust analog chip sales tied to AI data center buildouts. Analysts highlighted potential multi-year support from data center demand, while others warned that elevated capital spending and broader market headwin…
RBC Capital Markets downgraded Banco Bilbao Vizcaya Argentaria (BBVA) to Sector Perform from Outperform, citing a stretched valuation despite strong operating metrics. The brokerage raised its price target to €19.75 but sees limited upside from current levels and shifted its preference to Banco Santander (SAN).
