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
JPMorgan has placed Anglo American on Negative Catalyst Watch ahead of the miner's second-quarter production report on July 23, citing elevated cost risks. The bank reiterated an Underweight rating and projected first-half EBITDA below Bloomberg consensus, while flagging specific headwinds across iron ore, diamonds and group-wide cost inflation.
SoftBank Corp and mobile-payments operator PayPay are reported to be negotiating an investment in Seven & i Holdings worth several hundred billion yen, with Sumitomo Mitsui Card, a unit of Sumitomo Mitsui Financial Group, possibly taking a stake. The discussions include plans by SoftBank to apply in-house artificial intelligence and introduce auton…
Kepler Cheuvreux upgraded Epiroc from 'hold' to 'buy' and lifted its target price to 300 Swedish crowns from 245 crowns, citing the mining equipment maker's favourable positioning in the current phase of the mining cycle. The new target represents an 18.6% upside to Epiroc's prevailing price of 252.90 crowns and a 22.4% increase over the prior targ…
Traton SE shares climbed after the commercial vehicle group released preliminary second-quarter 2026 delivery figures showing a 4% year-over-year increase to 82,900 units. The improvement was led by a product rollout in China and government incentives in Brazil, while Scania posted a notable sales uptick. Investors responded positively ahead of the…
Carvana has extended its new-car retail operations by using seven Chrysler, Dodge, Jeep and Ram dealerships to reach as much as half of the U.S. population, according to research from BTIG. The initiative, launched in mid-June with a Dallas location and supported by a new car filter on carvana.com, offers new-vehicle inventory with free shipping in…
Audi reported a 7% year-on-year decline in global deliveries for the first half of the year, with China and North America among the hardest-hit markets. Volkswagen's second-quarter figures showed an 8.6% drop in global deliveries, driven by a sharp fall in China, while the group pursues a major restructuring to reduce model variety and align capaci…
Conversations Jefferies conducted with advertising agencies indicate Reddit captured additional social media advertising budget in the second quarter. Agencies point to Reddit’s contextual targeting, audience intent and automation features as key strengths, with adoption concentrated in mid- and upper-funnel campaigns while newer performance produc…
Stifel says AI infrastructure names remain constrained by supply rather than demand as the June and July reporting season approaches. The firm expects most covered companies to continue beating estimates and to lift guidance, supported by expanding backlogs, long-term contracts and capacity commitments across compute, optical and EMS segments. A ne…
A Jefferies survey of 30 advertisers in the second quarter found AppLovin increased its share of e-commerce advertising spend to 11% in 2026, the biggest rise among networks surveyed, driven in part by new adopters and trials of AI creative products. TikTok also gained share while Meta and Google ceded ground as advertisers diversified allocations.
B. Riley’s recent tracking of pre-orders for Grand Theft Auto VI indicates strong early demand, with the title topping sales charts across multiple retailers and a pronounced preference for PlayStation 5 versions. The broker maintains its Buy rating and leaves fiscal 2027 projections unchanged at $2.5 billion in full game net bookings, based on 37 …
BMW Group reported a 4.2% decline in global vehicle deliveries in the first half of 2026, with total automotive shipments of 1,156,742 units. A sharp reduction in China and the wider Asia-Pacific region more than offset sales gains in Europe and the United States. Electrified vehicle volumes and luxury sub-brands also showed mixed results across re…
Morgan Stanley lowered ratings on several Hong Kong-listed luxury auto dealers, pointing to sustained weak demand for internal combustion engine vehicles, falling finance commissions that have squeezed new-car margins, and the potential for store closures to erode after-sales revenue. Yongda Automobile Services and Meidong Auto were downgraded to u…
Midwich Group plc shares climbed 5.8% to 139.7p after the company named Kevin Quinn as independent non-executive director and chair designate and Rational Investment Group LP increased its stake to 5.54%. The moves renewed institutional attention on a stock that has traded close to its 52-week low as the FTSE 100 contends with sector-specific and g…
Maire's stock climbed in today's session following an upgrade from Kepler Cheuvreux and the announcement that its Tecnimont unit signed a project execution cooperation agreement with Sinopec Engineering Group. The broker cited near-term catalysts including a strong Q2 result and a pipeline of value-unlocking events, while positive market sentiment …
Bank of America adjusted its earnings forecasts for Altria Group and Philip Morris International after a series of regulatory and company-specific developments in the second quarter that supported the tobacco sector. The bank nudged Altria's near-term estimates higher and made a modest lift to Philip Morris's 2027 outlook, while leaving both compan…
Watches of Switzerland stock fell about 3.3% to 706p amid an analyst downgrade from Jefferies that shifted the stock from Buy to Hold despite an increased price target. The broker said valuation expansion has largely played out after a recent rally, and noted that the company’s forthcoming full-year results are expected to show strong North America…
Midwich Group plc has named Kevin Quinn as an independent non-executive director and chair designate. Quinn will join the board on August 1, 2026, and will assume the non-executive chair role after a transition period, replacing Andrew Herbert. Quinn's background includes a lengthy CFO tenure at Berendsen plc, senior finance roles at Amersham plc, …
Berenberg has moved Troax Group AB from a "buy" rating to "hold" and cut its price target to 120 Swedish crowns from 165 crowns. The broker argues consensus margins for the perimeter protection specialist are too optimistic, pointing to sustained pressure from the automotive segment, disappointing underlying Q1 performance despite acquisition suppo…
The Roundhill Meme Stock ETF has climbed roughly 35% year-to-date, yet its price remains under the level at which it started trading in October 2025. The gap between recent rally and inception price highlights how short-term investor enthusiasm can lift returns temporarily while long-term outcomes depend more on fundamentals such as profitability, …
Melexis NV stock tumbled 7.6% to EUR 71.95 following a downgrade from Deutsche Bank that shifted the Belgian automotive semiconductor supplier from Buy to Hold. The bank's analyst cited a cluster of structural and cyclical risks across technology hardware, while increasing his price target only modestly to EUR 75 from EUR 65. The move came after a …
Bulten AB shares climbed sharply after the company reported second-quarter 2026 results showing a marked improvement in profitability despite a decline in revenue, and announced a binding agreement to divest its European automotive contract manufacturing operations. The combination of higher margins, stronger net profit and a concrete portfolio sim…
Bayer said on Friday morning it has agreed with Apollo Global Management on €3 billion of equity financing tied to the company's Long Acting Reversible Contraceptives (LARC) business. The unit will be spun into a separate entity while Bayer retains operational and strategic control; ownership details were not disclosed.
Fielmann shares fell after preliminary first-half 2026 results showed only slight revenue growth and prompted management to guide to the lower end of its full-year revenue range. Weak domestic demand contrasted with firmer international momentum, while the stock also faced an ex-dividend adjustment and the loss of key technical support levels.
Jefferies downgraded Watches of Switzerland Group Plc from Buy to Hold, citing a compressed runway for valuation expansion despite raising its price target to 740 pence from 440 pence. The broker moved to a sum-of-the-parts valuation and set a blended 13.1x calendar 2027 price-to-earnings multiple, splitting 10x for the UK business and 16x for the …
Fielmann Group AG reported modest first-half 2026 growth in sales and a strong adjusted EBITDA margin, but the company said it now expects full-year consolidated sales and adjusted EBITDA to finish at the lower bound of its guidance range, prompting a share decline of about 3%. The update reflects lingering uncertainty in the optical retail market …
