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.
30,181 total articles
Toyota is expected to report a fifth consecutive quarterly drop in operating profit for April-June, with the median analyst estimate at 1.11 trillion yen - a 5% decline year-on-year. Sluggish sales in China and the Middle East, rising material costs linked to the regional conflict, and production halts after a Kyushu earthquake are weighing on resu…
Aug 2 - AstraZeneca has been in discussions with U.S. rival Bristol Myers Squibb about a possible combination that would form one of the world’s largest pharmaceutical firms, with an aggregate valuation close to $400 billion. Talks have taken place in recent months, but the companies and the timing remain uncertain. Both firms derive large portions…
The MOEX Russia Index ended the Moscow session up 0.75%, driven by strength in the Mining, Power and Oil & Gas sectors. GMK Noril’skiy Nikel’ PAO, Moskovskiy Kreditnyi Bank PAO and Magnitogorskiy Metallurgicheskiy Kombinat PAO were among the top gainers, while OZON and a pair of retailers and miners finished lower. Key commodity and currency indica…
Senior executives at AstraZeneca PLC and Bristol-Myers Squibb Company have engaged in talks in recent months about a potential merger that would combine the two companies into a single entity valued at nearly $400 billion. The discussions, reported by people familiar with the matter, remain informal with no confirmed structure and no public stateme…
In a preview ahead of SpaceX’s (SPCX) first quarterly report on August 4, Bernstein emphasized that management’s confidence in the company’s growth roadmap will matter more than the immediate numbers. The firm, which started coverage with an Outperform rating and a $239 price target, identified four specific technical and regulatory topics it sees …
A research note from Capital Markets suggests the U.K. equity market may be comparatively insulated if a speculative AI-driven equity bubble collapses. The FTSE 100's sector composition, expectations for economic resilience in the U.S., and a potential weakening of the U.S. dollar are cited as reasons the U.K. could avoid the scale of losses seen i…
JPMorgan has taken a constructive stance on European equities, citing a rebound in earnings after three weak years, cheaper valuations relative to U.S. peers, and stronger shareholder returns. The bank also points to an improving macro backdrop, rising M&A activity, and the prospect of increased shareholder activism as drivers that could support fu…
Saudi Arabia's stock market ended the session higher, with the Tadawul All Share up 1.10% as advances in the Insurance, Media & Publishing and Building & Construction sectors supported the rally. Several individual stocks recorded double-digit percentage moves in both directions. Oil prices climbed while gold futures fell and the US Dollar Index ti…
A growing share of Americans taking GLP-1 weight-loss medications are returning to physical stores to find correct sizes and styles after significant body changes. Retailers, from department stores to specialty chains, are evaluating inventory, fitting-room technology and staffing to accommodate shoppers undergoing rapid or ongoing weight shifts, w…
This week saw a mix of analyst downgrades and upgrades across banking, consumer staples, communications equipment, education-services and semiconductor suppliers. The calls reflect recalibrated earnings expectations, management resets, and capital return programs that alter valuation arguments despite uneven operational backdrops.
On Aug 2, flight attendants represented by the Canadian Union of Public Employees began a strike at WestJet after negotiations failed to yield a new agreement. The action, affecting the carrier majority-owned by Onex Corp, led the airline to cancel 309 flights through Sunday night and underscores ongoing disputes over how cabin crew are compensated…
Ukrainian drone strikes overnight on Aug 2 struck targets along Russia's Volga river, including a warehouse used by Wildberries, and a residential building in Engels, killing at least two people. Russia's Defence Ministry reported it downed 635 Ukrainian drones during the night. Regional officials said damage occurred to civil infrastructure in Sar…
The U.S. equity market has repeatedly withstood the unwindings of highly speculative investment themes without suffering a broad market downturn. However, the scale and rising leverage behind planned spending on artificial intelligence infrastructure introduce a potential channel for losses to move beyond equity holders and affect lenders and the w…
South Korean retail investors sold a record volume of Kospi-listed shares on Friday after a severe market reversal in July eroded confidence and drew criticism of President Lee Jae Myung's government. The Kospi staged an 18% rebound on Friday but still posted a 22% loss for the month, the largest monthly decline since the global financial crisis. V…
Capital One is asking a federal court to dismiss a lawsuit brought by the Trump Organization and Eric Trump that accuses the bank of politically motivated account closures. In a recent filing, Capital One says its decision to terminate more than 300 Trump-affiliated accounts followed months of analysis and a formal anti-money-laundering (AML) revie…
Citi strategists warn that a larger correction in Japanese equities, particularly a drop in the TOPIX of around 10% toward 3,600, could trigger a pronounced fall in USD/JPY as overseas investors unwind hedges and equity-linked positions. However, with TOPIX still near 4,000 and the equity outlook broadly bullish, a decisive move toward yen apprecia…
Nike is reorganizing its China digital distribution by removing partner-operated online storefronts and withdrawing from heavily discounted wholesale channels. Bernstein analysts estimate this shift will lift Nike's China operating margin by 200 basis points to 24% in fiscal 2027 while inflicting roughly $1 billion in lost wholesale revenue and dri…
The Justice Department has issued a subpoena seeking the records and testimony of a New York Times freelance journalist tied to a 2025 article about a failed U.S. military operation in North Korea, the newspaper reports. The subpoena, served in February by Virginia prosecutors, requests more than two years of the reporter's notes and his testimony.…
Major analysts issued a string of high-profile calls this week across the AI and memory ecosystem, lifting some chip stocks while trimming coverage or targets on software and gig-economy players hit by AI adoption. UBS launched SK Hynix ADR with a Buy and a $204 target based on materially higher long-term profitability assumptions for memory. Berns…
The U.S. Department of Homeland Security has placed 43 additional Chinese companies on the Uyghur Forced Labor Prevention Act Entity List, creating a presumption that goods tied to those entities are produced with forced labor and are barred from U.S. entry unless importers rebut the presumption. The expansion raises supply-chain risks across batte…
BofA Securities reports that commodity trading advisers (CTAs) have substantially reduced their exposure to the Nasdaq-100, leaving the index’s short-term trend strength far weaker than the S&P 500. The repositioning makes systematic flows more balanced, but stretched long positioning in the S&P 500, Russell 2000 and Euro Stoxx 50 sustains contagio…
European high-momentum equities underperformed sharply in July after a sustained first-half rally, driven primarily by doubts about how artificial intelligence will be monetized and by rising funding costs for hyperscalers. Bank of America analysts describe a violent unwind that saw momentum names lag the broader market by 14% in July after a 23% o…
Goldman Sachs reports that its long/short S&P 500 Momentum factor has reached volatility levels not seen in decades outside of recessionary periods, a pattern that historically follows three-month rallies of 20% or more and tends to be succeeded by consolidation. The firm points to sharp deleveraging among hedge funds and ETF holders as evidence th…
Ahead of SpaceX’s inaugural earnings call as a publicly listed company, retail investors who were allocated a significant portion of the IPO have flooded an online Q&A venue with a mix of technical, promotional and whimsical questions. While company executives are expected to address AI spending and Starlink revenue, the most upvoted items from ind…
FIFA president Gianni Infantino withdrew a contentious proposal to create a commercial company to run the World Cup and other tournaments, with 20% earmarked for private investors, after three days of intense opposition. The move provoked a boycott by UEFA, resignations from senior FIFA figures and public accusations that staff had been sidelined i…
