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
Shares of Sweetgreen climbed in pre-market trading after KeyBanc upgraded the fast-casual chain from Sector Weight to Overweight and set a $9.00 price target. The bank substantially raised its same-store sales and profitability forecasts for 2026 and 2027, citing signs that traffic and sales trends have stabilized, a view that traders interpreted a…
Developers working in the Beetaloo Basin have brought in U.S. equipment, financing and operational practices with the goal of lowering costs enough to make Australia’s first commercial shale gas development viable. The remote Northern Territory site produced its first gas this month, but developers say substantial cost reductions, pipeline investme…
Canadian equity futures pointed to a weaker open as fresh U.S. trade rhetoric pressured sentiment and commodity and financial sectors showed weakness. Bombardier Inc. is under market pressure after a U.S. presidential threat to bar its aircraft from the American market unless production is moved to the United States, a move that could imperil rough…
Citi upgraded Nordex SE from neutral to buy and raised its price target to €50, citing stronger-than-expected margin momentum and positive auction volume signals that underpin higher EBITDA and order forecasts. The broker also increased multi-year EBITDA estimates and raised the 2027 EV/EBITA multiple, while flagging specific execution and auction …
Shares of Solaris Oilfield Infrastructure rose sharply in pre-market trading after management issued a guidance update that meaningfully increased adjusted EBITDA expectations for the remainder of 2026 and set an initial outlook for early 2027. The company cited stronger-than-expected power services performance and contributions from recent acquisi…
Solaris Energy Infrastructure (NYSE: SEI) reported raised Adjusted EBITDA guidance for the third and fourth quarters of 2026 and provided an initial projection for the first quarter of 2027. The stock climbed about 6% on the news as the company cited stronger contributions from core power services and better-than-expected results from recently acqu…
GE Aerospace agreed to acquire Consolidated Precision Products from Warburg Pincus and Berkshire Partners for $11.75 billion. The Cleveland-based castings and sub-assemblies manufacturer, a long-time GE supplier with about 6,600 employees across more than 20 facilities, will be combined with GE Aerospace operations to expand capacity and accelerate…
Intel shares rose sharply in pre-market trade after supply-chain sources reported the company will raise PC CPU prices by about 10% in early October, part of a broader pricing strategy to improve gross margins. The move coincided with an analyst upgrade from Northland and a manufacturing milestone for Intel Foundry using High NA EUV lithography, cr…
Inhibrx Biosciences saw its stock climb after the company disclosed positive Phase 2 results from the HexAgon study evaluating INBRX-106 in combination with pembrolizumab for first-line, PD-L1 positive metastatic or unresectable recurrent head and neck squamous cell carcinoma. The combo produced higher confirmed objective response and six-month pro…
Rigetti Computing's stock jumped in pre-market trading after the company finalized a $100 million CHIPS Act award from the U.S. Department of Commerce. The binding agreement, executed through a Rigetti subsidiary, funds three R&D initiatives aimed at overcoming scaling bottlenecks in superconducting quantum hardware and includes a minority, non-con…
Airbnb shares climbed 0.6% in pre-market trading after Raymond James elevated the stock from Market Perform to Outperform and assigned a $200 price target, citing an "AI Founder Mode" thesis. The upgrade, paired with CEO Brian Chesky's scheduled presentation at the Goldman Sachs Communacopia + Technology Conference, and solid Q2 2026 results are ci…
Morgan Stanley downgraded Peloton to Underweight from Equal Weight, with analyst Nathan Feather cutting his price target to $4.50 and reducing fiscal 2027 and 2028 estimates. Feather highlighted a marked contraction at the top of the funnel, steep declines in gross additions and falling connected fitness subscriber growth in fiscal 2026. He pointed…
Peloton stock fell sharply in pre-market trading after Morgan Stanley downgraded the company and cut its price target, while UBS trimmed earnings estimates and lowered its target. Analysts cited sustained weakness in subscriber growth and collapsing customer additions. Concurrent insider selling and a lack of offsetting market support contributed t…
IonQ shares climbed after the company updated its full-year 2026 revenue guidance to $450 million-$460 million following the completion of its acquisition of SkyWater Technology. The outlook incorporates SkyWater’s contributions from the July 31, 2026 closing through year-end and removes estimated intercompany revenue tied to prior commercial arran…
Citi upgraded Kion Group to 'buy' from 'neutral' and lifted its price target to €62 from €46, citing improving German macro data and signs of recovery in Kion's Industrial Trucks & Services division that together point to accelerating demand for industrial trucks into 2027. The move sent Kion shares higher by more than 6% on Tuesday.
Novartis reported that del-desiran, acquired via its $12 billion purchase of Avidity, failed to meet the primary endpoint in a Phase III trial for myotonic dystrophy type 1, marking the company's second major trial disappointment in days. The announcement pushed shares sharply lower, erased roughly 24 billion Swiss francs of market value, and compo…
Following U.S. and Israeli strikes on Iran, a gradual resumption of flights across the Middle East is underway. While many services have returned, substantial suspensions remain in place for multiple carriers and key destinations, with Dubai singled out as particularly affected. Some airlines have extended pauses on routes into October and beyond, …
Kalshi reported that monthly trading in its commodity prediction markets exceeded $400 million, a level it says is four times the cryptocurrency volume the platform achieved at the same point seven months after launch. The firm attributes the surge to strong retail participation, improved liquidity, and an accelerated ability to introduce new marke…
Herbalife Nutrition Ltd. said its board approved a $250 million share repurchase program that will run for three years, enabling purchases via open market transactions, negotiated deals and accelerated share repurchases. Shares rose about 5% on the announcement. Management cited confidence in the company's financial profile, free cash flow generati…
Citi has upgraded Old Dominion Freight Line and C.H. Robinson to Buy after both stocks declined more than 25% from summer highs. The bank says sentiment-driven weakness, closer-to-historical valuations, solid balance sheets and the potential for freight-cycle improvement create a buying opportunity, though legal and macro risks remain.
D-Wave Quantum shares rose 4.5% on Tuesday after the company finalized a definitive agreement with the U.S. Department of Commerce to receive up to $100 million in CHIPS and Science Act funding. The financing is earmarked for research and development across D-Wave’s superconducting annealing and gate-model platforms and is tied to a minority, non-c…
Pharvaris saw its stock climb 27% after reporting topline results from CHAPTER-3, a global Phase 3 study of deucrictibant XR for preventing hereditary angioedema attacks. The trial met its primary endpoint with an 83% reduction in attack rate versus placebo, including an 87% reduction in participants with HAE Type 1 or Type 2. The company says the …
Rigetti Computing said it has signed a definitive agreement with the U.S. Department of Commerce for $100 million in funding through the CHIPS Research and Development Office. The award will finance three R&D efforts at Rigetti & Co, LLC to miniaturize readout electronics, expand cryogenic capacity via a new cryostat architecture, and develop fabri…
U.S. officials and unnamed sources say the Trump administration is pursuing greater access to Venezuela’s mineral reserves, including gold, as part of a broader strategy to secure critical resources and expand influence over the country’s natural wealth beyond oil. Measures under consideration range from increased engagement with private firms to a…
Alphabet’s Google has implemented a revision to its search results in Europe to meet requirements of the EU’s Digital Markets Act. Google says the adjustments will reduce the quality of search for European users, benefit online intermediaries such as price comparison sites, and increase costs for affected businesses. The company faces a July fine o…
