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.
23,340 total articles
O'Leary Digital Ltd. is exploring a public offering to finance planned data center builds in Utah and northwestern Alberta, company CEO Paul Palandjian told reporters. The firm, backed by six investors including Kevin O'Leary, is in talks with hyperscalers and says a contracted lease and a fully financed first phase are prerequisites for pursuing p…
Around 10 interested parties have submitted expressions of interest for Germany’s state-controlled Uniper SE by last Friday’s deadline, including KKR, Japan’s Jera, and Quebec’s Caisse de dépôt et placement du Québec. Other bidders named in reports include Norway’s Equinor, RWE, Brookfield in a consortium with Canada Pension Plan Investment Board, …
Prestige Estates Projects Ltd. has opened talks with private equity groups to sell a minority stake in its hospitality business, seeking about $300 million and putting a previously approved IPO on hold because of weak market conditions and geopolitical uncertainty. Discussions are ongoing and may not lead to a transaction.
Silicon Motion Technology's stock rallied 6.4% in morning trading to a new 52-week high following a prominent price-target upgrade from Bank of America and a separate bullish analyst initiation. The move was reinforced by the company's strong Q1 2026 results, upward Q2 revenue guidance, and new AI- and automotive-oriented product certifications and…
Shares of PowerBank Corporation climbed 15.4% in premarket trading after the company said 23 solar and energy storage projects in New York and Pennsylvania secured eligibility for federal Investment Tax Credits. The projects total roughly 97 MW DC of solar and 42 MWh of storage, with procurement agreements representing $242.3 million in constructio…
Take-Two Interactive shares rose 4% after Rockstar Games announced that digital and retail pre-orders for Grand Theft Auto VI will begin on June 25 and published the game’s official retail box art. The pre-order kickoff, five months before the confirmed November 19 release, reassures investors about the production timeline for a title whose develop…
Goldman Sachs began coverage of two large U.S. independent power producers, arguing that structural tightness in the PJM regional grid - exacerbated by data-center demand and thermal plant retirements - will support elevated power and capacity prices and boost earnings into the late 2020s. The bank initiated Talen Energy with a Buy rating and a $49…
Monness, Crespi, Hardt moved Salesforce from Neutral to Buy, with analyst Brian White assigning a 12-month price target of $200. The firm argues that concerns about generative AI undermining Salesforce are overstated and highlights recent product traction and ARR growth as reasons the company can navigate the AI transition.
A wave of aggressive model revisions from major research firms has pushed Micron Technology's stock targets into the $1,200 to $1,500 range as demand for high-bandwidth memory and conventional DRAM outpaces industry supply. Analysts cite outsized pricing power, sold-out HBM capacity under binding contracts through 2026 and into 2027, and manufactur…
Tesco shares dropped about 1% after the UK supermarket group reported 1.8% UK like-for-like sales growth for the 13 weeks ended May 30, below analyst expectations near 2.7%. While online sales and Whoosh same-day delivery posted stronger gains, the company left its full-year adjusted operating profit guidance unchanged at 3.0 billion to 3.3 billion…
Enanta Pharmaceuticals said it will move its respiratory syncytial virus (RSV) antiviral zelicapavir into a registrational Phase 2b/3 trial for high-risk adults in the fourth quarter of 2026, and will start a pediatric Phase 2b study in the third quarter of 2026. The announcement, which followed an End-of-Phase 2 meeting with the U.S. Food and Drug…
Barclays technology analysts have identified more than a dozen networking and interconnect firms that stand to benefit from a projected surge in AI infrastructure spending. They estimate annual investment from Western hyperscalers and AI labs could top $1 trillion - more than $300 billion above current consensus - with further upside possible from …
QuantumScape Corp shares jumped more than 20% in pre-market trading after the company and Honda announced a multi-year collaborative research agreement focused on solid-state battery development and associated manufacturing techniques. The deal follows Honda's completion of a technology evaluation and benchmarking of QuantumScape's platform.
IREN Ltd shares rose about 5% in premarket trading after Jefferies began coverage with a Buy rating and a $79.00 price target. Jefferies analyst Jonathan Petersen pointed to IREN's roughly 6 GW powered land bank, vertically integrated GPU cloud model and large contracts with Microsoft and NVIDIA as foundational to an expected $3.1 billion in annual…
Wednesday’s SEC disclosures show a mix of insider purchases and large sales across U.S. equities. CEO and directors increased stakes at Star Equity Holdings and Franklin BSP Realty Trust, while executives and major shareholders at Applied Materials, Arista Networks, Airbnb, Ingram Micro and Clearwater Analytics executed substantial dispositions. Sm…
Architect Labs raised $24 million in seed financing to develop an AI platform intended to compress the time and cost of designing custom chips. The Palo Alto company will target chip designers and software firms that might adopt bespoke silicon, while investors include venture funds and prominent AI and chip executives.
J.P. Morgan has identified three favored companies in the UK leisure sector as investors weigh the implications of rising political uncertainty and a potentially changing fiscal backdrop. The bank warns that tougher financial conditions and softer consumer confidence could damp discretionary spending, but singles out select travel and gaming firms …
Eos Energy Enterprises reported its first purchase order under a 2 GWh capacity reservation with Frontier Power USA Parent, LLC, for the Redbird 100 MW / 400 MWh battery energy storage project. The announcement coincided with a roughly 9% rise in the companys shares and marks application of Redbird volume to a firm reservation while Eos continues t…
National Vision’s Q1 prints beat EPS and showed margin expansion, yet the stock plunged after management warned of a temporary Q2 traffic disruption tied to an e-commerce replatform. CEO Alex Wilkes tells an exclusive Q&A that the migration was intentional, the technical platform is working as designed, and early post-migration metrics show recover…
Societe Generale's strategy team, led by Alain Bokobza, increased the bank's equity allocation to 55% from 50% and raised commodities to 20% from 5%, while cutting bonds to 25% from 30%. The bank favors U.S. markets with S&P 500 equal-weight exposure, adds geographic diversification across China, Japan and the U.K., and recommends buying gold on di…
Saudi Arabia's Tadawul All Share index closed marginally higher on Thursday, supported by advances in Transport, Hotels & Tourism and Cement sectors. Market breadth was mixed, with slightly more decliners than advancers, while oil and gold prices slipped. Individual movers included strong gains for LIVA Insurance (8280), Almunajem Foods (4162) and …
Ondas Holdings Inc said it has signed a definitive agreement to acquire Cyberhawk, a drone-based infrastructure inspection and intelligence provider, for roughly $125 million. The deal, largely cash-funded, is intended to broaden Ondas' autonomous infrastructure intelligence capabilities by combining Cyberhawk's drone services, AI-enabled analytics…
Zymeworks Inc. rose in premarket trading after announcing a collaboration with Gandeeva Therapeutics to produce cryo-electron microscopy (cryo-EM) structural data for antibody drug discovery. The partnership aims to visualize antibody-antigen interfaces at high resolution, addressing challenges associated with small, flexible antigens.
Qtrex Quantum Ltd said it has manufactured a cryogenic chip carrier for a quantum processor interface using its proprietary Additively Manufactured Electronics (AME) process. The announcement, based on a design supplied by a major U.S.-based technology company active in quantum computing, pushed the stock up 20% in premarket trading Thursday. The c…
Waymo has filed a recall for almost 3,900 autonomous vehicles in the United States after a software flaw caused multiple robotaxis to drive into closed freeway construction zones. The recall follows a series of incidents in California and Arizona and is the company’s second recall in slightly more than a month. Waymo temporarily limited freeway dri…
