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
Chevron said it will license a proprietary chemical surfactants technology to ZL Chemicals, enabling other oil producers to buy the treatment to boost output from shale wells. The chemicals have delivered as much as a 20% production uplift in newly drilled wells during the first year and have reduced decline rates in existing wells by 5% to 8%. Che…
Sunrun has begun a distributed AI data center pilot that would deploy compute nodes in customers' homes, leveraging its installed base of 1.1 million solar and battery systems to sell inference capacity to enterprise buyers. The company says the model avoids traditional data center land, transmission and interconnection hurdles, pairs compute with …
HSBC on July 8 abandoned its overweight recommendation for emerging-market equities, citing renewed volatility in Asia and concerns that a pullback in AI spending could hit EM Asian markets hardest. The bank flagged semiconductor and major technology names as particularly vulnerable while upgrading eurozone equities to overweight on expectations th…
Wells Fargo began coverage of the three largest U.S. wireless carriers with a cautious stance, citing SpaceX's Starlink as a material competitive risk to fixed wireless access and postpaid account growth. The bank initiated AT&T at Underweight with an $18 target, Verizon at Equal Weight with a $43 target, and T-Mobile at Equal Weight with a $170 ta…
Chevron shares jumped in pre-market trading after attacks in the Strait of Hormuz pushed crude prices higher and the U.S. moved to revoke a license allowing Iranian crude sales. The stock also benefited from an analyst upgrade and a favorable consensus among analysts, while broader U.S. equities fell amid heightened geopolitical risk.
Citi Research has upgraded Forvia from neutral to buy and retained a High Risk rating, pointing to a significant free cash flow yield and a forthcoming earnings update as the likely trigger for a recovery. The broker kept a €12 price target and opened a 30-day positive catalyst watch ahead of Forvia’s first-half results on July 31, citing expectati…
Bank of America clients reversed a five-week selling streak in the week ended July 3, becoming net buyers of U.S. equities to the tune of $4 billion. Hedge fund clients were the primary drivers, marking a fourth straight week of net purchases and pushing their four-week average net flows to a record in BofA data going back to 2008. Single stocks le…
Occidental Petroleum shares rose about 2.9% in pre-market trade after Evercore ISI raised its rating from Underperform to Outperform and increased its price target to $65 from $58. The firm cited a materially de-levered balance sheet and improved capital efficiency underpinning roughly 8% FCF-per-share compound annual growth. Rising oil prices, spu…
Exxon Mobil shares climbed 2.0% in pre-market trading to $144.60 after the company disclosed an upbeat second-quarter earnings trajectory and as crude oil spiked amid fresh tensions in the Strait of Hormuz. The firm told regulators it expects Q2 results to be roughly $5 billion stronger than the first quarter, and analysts are now modeling adjusted…
FuelCell Energy plunged in pre-market trade after unveiling a $225 million underwritten stock offering priced at $21.00 per share, a steep markdown from the previous session's close of $25.96. The deal, upsized from an initial $200 million, and the company’s recent earnings miss, fragile technical setup and history of dilution prompted an immediate…
HSBC said it is closing its overweight position in emerging market equities and upgrading eurozone stocks to overweight as it adjusts regional allocations for the second half of 2026. The bank retains its maximum overweight stance on global equities and flagged the upcoming Q2 reporting season as a potential catalyst, while highlighting risks tied …
Kodiak Gas Services said Wednesday it has reached a multi-year strategic agreement with Baker Hughes to deploy gas-turbine power generation capacity supporting U.S. data center expansion. The rolling framework covers up to 1.8 GW of capacity and includes an initial equipment award for about 1 GW of turbines and generators to be delivered by 2030 fo…
Goldman Sachs moved Bath & Body Works to a Sell rating from Neutral and reduced its price target to $19 from $23, pointing to softer consumer sentiment and new risks tied to the retailer's broader third-party distribution push. The bank lowered EPS and margin forecasts for fiscal 2026-2028 and highlighted potential sales cannibalization from expand…
Allianz SE's Allianz Partners unit will reduce its European headcount by between 1,500 and 1,800 roles as the business implements artificial intelligence solutions, CEO Tomas Kunzmann said at an event in Munich. The cuts will be managed through severance packages, early retirement and similar voluntary measures after months of talks with works coun…
Kepler Cheuvreux upgraded Viaplay from Hold to Buy and nudged its price target to 1.50 Swedish crowns from 1.45 after Viaplay agreed to sell its Dutch unit to DPG Media-owned Videoland for roughly 1.6 billion crowns. The broker sees the transaction as financially constructive - freeing cash to reduce leverage - while narrowing the company’s strateg…
Navitas Semiconductor saw its stock fall 7% Wednesday morning following a patent infringement lawsuit filed by Wolfspeed in the U.S. District Court for the District of Delaware. Wolfspeed alleges that a wide range of Navitas products, including several GaN-based FET families as well as GeneSiC MOSFETs and SiCPAK modules, violate multiple U.S. paten…
Airbus lowered its 20-year industry demand forecast for passenger aircraft by 1%, citing the Iran war and trade tensions as factors that have stalled the post-COVID rebound in air travel. The company projects 42,060 passenger jet deliveries between 2026 and 2045, with Asia accounting for roughly half of those aircraft. While traffic growth was nudg…
Bank of America maintained a Buy rating and a $350 price target on Nvidia, arguing the chipmaker's modest 3% year-to-date gain versus an 82% rise in the Philadelphia Semiconductor Index presents a buying opportunity. Analyst Vivek Arya outlined four investor concerns - memory cost-driven margin pressure, custom ASIC competition, concentrated owners…
Futures tied to Canada’s resource-heavy main exchange opened lower Wednesday as a surge in crude prices and a slide in bullion followed renewed tensions between the U.S. and Iran. Comments from U.S. President Donald Trump casting doubt on an interim Iran peace accord, and reported Iranian attacks on U.S. military sites, pushed oil sharply higher an…
Rocket Lab shares are slipping in pre-market trading as investors weigh the financial consequences of the company's announced $8 billion merger with Iridium Communications, formally entered into on June 28, 2026. While the combination promises to create a vertically integrated space and connectivity company, the market has pulled back amid concerns…
U.S. stock futures dropped on Wednesday as President Donald Trump declared an interim agreement with Iran was "over" following renewed exchanges between the two nations. The deterioration in risk appetite sent Dow, S&P 500 and Nasdaq 100 futures lower in early trading, even as individual stocks such as Alibaba and Occidental showed significant move…
A cluster of developments is unsettling AI-focused equities: Meta’s CEO privately conceded AI agent development is lagging, Michael Burry has established short positions in multiple AI-infrastructure firms, and pre-market trading showed declines in NVIDIA, Meta, Palantir and others. Survey data and competitive pressures are adding to investor skept…
Banco Santander shares fell sharply today, down 4.3% to €11.962, after reports that the bank has reorganized its Asia-Pacific corporate and investment banking unit, removed the head of its Beijing branch and increased oversight of staff in the region. Separately, the bank is in discussions with unions over early retirement offers for as many as 3,0…
Amazon shares moved lower in pre-market trading after the company completed a $25 billion bond offering that saw peak investor interest of $62 billion, a notable decline from the roughly $37 billion issuance in March that attracted about double the demand. The softer reception, combined with a Bank of America warning about elevated AI spending, con…
Tesco is reportedly assessing options for its central and eastern European business, covering stores in Hungary, the Czech Republic and Slovakia that employ more than 22,000 people. The review, being conducted with financial advisers, could result in a sale that would reduce Tesco’s operations to the UK and Ireland and mark a full withdrawal from a…
