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
Culp Inc. rallied in pre-market trading after reporting first-quarter fiscal 2027 results that beat Wall Street estimates on both earnings and revenue. The quarter was marked by a notable reversal in cash generation and a steep reduction in net debt, while the bedding division drove sales and margin expansion. Management offered guarded forward com…
American Eagle Outfitters shares fell more than 11% in premarket trading on Sept. 10 after the company signaled no improvement in near-term gross margins. While second-quarter revenue topped expectations thanks to strength at Aerie, continued softness at the flagship American Eagle brand and rising inventory costs weighed on investor sentiment. Man…
Genus PLC reported adjusted fiscal revenue of
HSBC has updated ratings and price targets across its biopharma coverage after a strong Q2 2026 rally. The bank raised Novartis to Hold and trimmed Amgen to Hold, while keeping Buy calls on several large-cap names. Analysts say lofty valuation multiples and a mapped catalogue of clinical catalysts mean stock performance over the next year will depe…
The New York Federal Reserve's August Survey of Consumer Expectations found that US consumers left their inflation expectations unchanged for the one- and five-year horizons, while signaling greater worry about unemployment and household finances. The report also showed expectations for gasoline prices to climb over the next year and revealed softe…
D’Ieteren NV shares jumped after the company reported stronger-than-expected first-half 2026 results, driven by Belron’s margin improvement and solid cash generation. The group confirmed its full-year guidance and announced a CEO transition and a strategic review for minority stakes in Belron, while D’Ieteren Automotive posted a sharp profit declin…
Abivax shares rose after Goldman Sachs began coverage with a Buy rating and a $155 price target, highlighting the revenue potential of obefazimod in ulcerative colitis and Crohn's disease. Institutional buying, including a disclosed stake by Bank of America, and a favorable broader market backdrop helped lift the stock as investors position ahead o…
Spie SA shares rose 1.8% to €44.52 after Jefferies upgraded the stock to Buy, citing a trough in organic growth and what it views as overestimated political risk. The brokerage highlighted an 8% free cash flow yield and projected growth acceleration in 2027-2028 tied to German high-voltage grid projects and data center buildouts. Additional analyst…
Associated British Foods (ABF) fell sharply after a Q4 trading update showed Primark like-for-like sales down 3% for the quarter ending September 12, driven by a 4.3% decline in continental Europe that outweighed a 0.4% rise in the UK and Ireland. Management also flagged a materially wider Sugar adjusted operating loss for FY2027 and cited higher g…
British equities posted marginal gains on Thursday as investors positioned ahead of a widely expected European Central Bank rate rise. Geopolitical friction in the Persian Gulf and firm oil prices provided a cautious backdrop, while corporate updates from AB Foods, Currys and THG added a domestic flavor to market moves.
Japan's stock market closed modestly higher Thursday, with the Nikkei 225 advancing 0.14% as gains in Real Estate, Banking and Textile names helped lift the index. Several electronics suppliers posted strong rallies while heavyweights in steel, mining and construction posted sizable declines. Market breadth favored decliners, and measures of volati…
Australian equities fell at Thursday's close, with the S&P/ASX 200 sliding 1.03% to a one-month low. Weakness was concentrated in IT, materials and metals & mining stocks. Volatility on the benchmark index rose, while commodity prices moved mixed with oil softer and gold little changed. Currency markets showed minor moves for the Australian dollar …
Pablo Hernandez de Cos, head of the Bank for International Settlements, cautioned that the fast-growing investment in artificial intelligence is introducing new financial stability challenges. He highlighted the scale of planned spending by major tech firms, the shift toward debt and private credit financing, and the uneven global benefits tied to …
Apple has introduced its first foldable handset, the iPhone Duo, scheduled to go on sale October 23. A Citi supply-chain note dated September 7, 2026 highlights five Asian suppliers with notable exposure to components or assembly for the new model. Some suppliers should benefit from broader iPhone volume, while others gain from parts unique to fold…
Ant International said it has entered a partnership with Visa and Mastercard to develop common standards for payments executed by AI agents. The collaboration will concentrate on methods to verify and link AI agents to legitimate entities and on ongoing monitoring of agent behavior. The companies pointed to estimates that AI agents could process be…
The U.S. Justice Department has opened an investigation into whether Nvidia’s December agreement with AI chipmaker Groq was structured to sidestep antitrust scrutiny. The probe, which began shortly after the deal was announced and includes a formal request for information to Nvidia, centers on a nonexclusive licensing arrangement combined with the …
Marvell Technology rallied sharply this week after CEO Matt Murphy raised the company’s multi-year revenue outlook and highlighted accelerating demand from AI data centers. The stock jumped as investors digested the bigger targets, analyst price-target increases and the company’s plans to showcase new AI data-center connectivity and memory products…
Singtel and Thailand’s Gulf Development announced a partnership to build new subsea cable connectivity linking Thailand and Singapore, with the Vietnam-Thailand-Singapore (VTS) Cable System as the first project. The system is slated to be operational by 2030, with capital spending spread over several years. Financial details, ownership structure an…
U.S. equity futures were largely unchanged on Wednesday evening following a broad retreat on Wall Street, as climbing Treasury yields and Brent crude topping $100 a barrel heightened investor caution ahead of the Producer Price Index and Consumer Price Index releases that could shape Federal Reserve expectations.
Nvidia announced it will work with a group of Australian data centre and cloud providers to expand local AI compute capacity over the coming years. The company said it will deploy its Nvidia DSX platform with partners including Firmus, Sharon AI, IREN, ResetData, Megaport, CDC, NextDC and AirTrunk, targeting about 2 gigawatts of capacity by 2027. F…
Ford is confronting an escalating political dispute in Washington over its commercial relationships with Chinese companies. Republican criticism and mixed signals from administration officials have highlighted divergent views on how U.S. automakers should engage with Chinese technology providers and competitors even as Ford insists access to China’…
Kinetik Holdings jumped 5.2% in after-hours trading after a report indicated the Blackstone-backed Delaware Basin pipeline operator is exploring strategic alternatives, including a possible sale, with advisers preparing a formal process that could begin within weeks. The company delivered record second-quarter 2026 results, raising full-year guidan…
Hagerty Inc. (NYSE: HGTY) shares slipped 2.3% in after-hours trading after Hagerty Holding Corp. disclosed an underwritten secondary offering of 8.25 million Class A shares. The deal includes a 30-day option for underwriters to buy up to 1,237,500 additional shares. Hagerty will not receive proceeds from the sale; the selling stockholder intends to…
TPG is conducting a potential sale process for Lyric, a software company that helps insurers identify and prevent improper medical claims payments. Sources say the process could value Lyric at roughly $5 billion based on about $250 million of annual EBITDA and a 20 times multiple. TPG is working with JPMorgan Chase, though there is no certainty a t…
Options activity in IBM shows a 4:1 call-to-put ratio across 75,581 contracts, with an unusually large volume concentration in near-expiry calls targeting a $250 strike that expires this Friday. The move implies a required stock rise of about 4.1% from the $240.17 print, while elevated put interest and a rising skew indicate some market participant…
