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.
30,184 total articles
STMicroelectronics shares climbed almost 4% after Barclays upgraded the company to Equal Weight from Underweight and nearly doubled its price target to $65 from $34. Barclays cited improving revenue prospects across multiple segments, offset by a modest near-term seasonal risk tied to Apple, and raised targets across several European and Asian semi…
Luigi Mangione, who faces federal stalking charges in connection with the fatal shooting of UnitedHealthcare executive Brian Thompson, is scheduled for a hearing in Manhattan federal court on Monday to address jury selection and scheduling before his November trial. Murder and weapons charges were dismissed in federal court earlier this year, but M…
Lam Research shares rose in pre-market trading after a wave of analyst upgrades and higher price targets, following a record fiscal quarter and bullish forward guidance. Management raised its full-year wafer fabrication equipment spending forecast and pointed to growing demand for AI chips, high-bandwidth memory and advanced logic processes as key …
Applied Materials extended a pre-market recovery, climbing about 3.8% as investors digested the company’s June 25 Master Class product reveals and a string of analyst price target increases. Strong fiscal Q3 guidance and positive read-through from peer Micron’s results supported the rebound, which follows a prior drop of more than 6%.
China's ambassador to Canada said Geely Holding Group's Lotus electric vehicles will be delivered to Canada next month under an agreement reached between Prime Minister Mark Carney and Chinese President Xi Jinping. The shipment is the first of a program allowing up to 49,000 Chinese-built EVs annually into Canada at a reduced tariff rate. Ottawa is…
Apple has formally asked Indian regulators to set aside findings that it breached competition law, alleging the Competition Commission of India relied heavily on rivals’ submissions and did not conduct its own probing. In a June 25 filing, Apple said the investigation’s conclusions were built from opposing parties’ claims and warned that imposed re…
BNP Paribas moved Puig Brands to an "outperform" rating from "neutral," increasing its price target to €20.5 from €18.5 and raising its ADR target to $11.7 from $10.8. The bank notes valuation recalibrations, shifts in ownership openness, and a sales outlook that leads its full-year 2026 like-for-like growth estimate above Bloomberg consensus, whil…
The AI-constructed ProPicks strategy continued to identify outsized winners through June, producing dozens of double-digit monthly moves across sectors and geographies. Since its November 2023 launch the strategy has returned +222.88%, outperforming the S&P 500 by +149.5% over the same period. With the July rebalance imminent, members can review Ju…
Strategy’s enterprise valuation has slipped beneath the paper value of its bitcoin holdings for the first time, a development that has dented investor confidence in the Michael Saylor-founded company’s long-running bitcoin position. The firm’s mNAV - enterprise value relative to bitcoin holdings - is at 0.99, and the company disclosed its first bit…
Cytokinetics shares rose 3.7% in pre-open trading after UBS upgraded the stock from Neutral to Buy and raised its price target to $115 from $69. The upgrade joins an already bullish analyst consensus and follows recent commercial and clinical milestones for aficamten, helping push the stock to a new 52-week high of $85.26 despite muted broader mark…
Solidion Technology shares rallied sharply in pre-market trading after the company announced it would opportunistically purchase a position in SpaceX as a long-term strategic treasury holding. Management said the initial investment would use only a modest portion of cash reserves and would not interfere with operations or planned capital spending. …
Progressive Corp shares ticked down in pre-market trade after Wells Fargo lowered its rating to Underweight and trimmed its price target to $205 from $219, a move that amplifies worries about slowing premium growth, rising combined ratios and insider selling. Market-wide weakness provided little offset, while industry concerns over auto pricing and…
U.S. stock index futures rose Monday, with the Nasdaq 100 leading gains after reports that the United States and Iran will de-escalate and resume talks. Easing geopolitical tensions bolstered sentiment, but worries about AI-driven chip demand and prospective Federal Reserve rate hikes continued to weigh on parts of the market. Premarket moves inclu…
Bank of America moved Egypt to the top position on its emerging markets screen, citing stronger earnings, attractive valuations and positive price momentum. The bank's quantitative metrics place Egypt as the highest return-on-equity market among emerging economies, while Turkey still posts the largest equity risk premium globally. BofA's top-20 sto…
BNP Paribas has resumed analyst coverage of three major UK water companies - United Utilities, Pennon Group and Severn Trent - and identifies United Utilities as its preferred stock. The broker sees a potential inflection for the sector once political noise around the industry eases, citing improving fundamentals, regulatory adjustments and a major…
RBC Capital Markets raised its 12-month S&P 500 price target to 8,150 from 7,900, reflecting a modestly higher earnings outlook and a lower inflation assumption. The firm reinstated a composite framework made up of five models to set its target after briefly relying on valuation alone. Strategists warned that near-term volatility could arise from a…
Several leading Chinese electric vehicle battery manufacturers have pledged to accelerate payments to suppliers, committing to 60-day settlement terms as part of a broader industry effort to relieve cash-flow stress among parts and commodity providers. The move, announced under an industry alliance initiative, follows regulatory guidance and recent…
Alfen's shares tumbled 5.0% to €14.36 after the company revealed its Chief Financial Officer will leave effective July 1, 2026. The unexpected leadership change unsettled investors during early trading, compounding uncertainty while the Dutch energy technology firm continues a multi-year operational restructuring and faces contrasting analyst opini…
Shares of EssilorLuxottica fell after Goldman Sachs cut its organic revenue growth forecast for 2026 and revised several valuation inputs, citing increased consumer uncertainty and tougher year-over-year comparisons. The broker also adjusted margin and earnings expectations, trimmed its 12-month price target and reiterated a buy rating.
Rising capital needs tied to artificial intelligence are prompting large technology firms to issue debt in multiple currencies and prompting banks to craft new financing structures tied to data center leases. Although investor demand has been strong, some market participants caution over the potential for over-supply as hyperscaler issuance acceler…
Space Exploration Technologies Corp. stock climbed 1.4% in pre-market trading after Nasdaq announced the company will be added to the Nasdaq-100 on July 7. The move, combined with the stock's new membership in FTSE Russell's U.S. indexes that became effective after the market close on June 26, is expected to force passive funds to buy shares, poten…
Alfa Laval said it has received its largest single order ever - SEK 1.1 billion to supply Hydrotreated Vegetable Oil (HVO) pre-treatment technology for Acelen’s new biorefinery in Brazil. The work will be carried out in phases through 2029 and is expected to bolster the company’s second-quarter group orders, which analysts project at SEK 19.3 billi…
Alfen's stock fell 5.2% after the company disclosed that interim Chief Financial Officer Onno Krap will leave his post. Krap, who was appointed interim CFO in May 2024, will be replaced on an interim basis with the incoming interim CFO to be announced later this week. The company said the change is unrelated to its financial performance, while brok…
GameStop shares rose in pre-market trading after the company filed a regulatory update reiterating its intent to pursue an unsolicited offer for eBay. The retailer also raised its earnings outlook for fiscal 2026 and reported its strongest quarterly net income and first-quarter operating income on record, while the broader U.S. market offered littl…
Multiple brokerage firms have unveiled AI-driven trading tools in recent weeks, ranging from fully automated agents that can execute orders to semi-automated and read-only conversational systems. Adoption metrics and revenue figures cited by the companies show early traction, while others are taking a more cautious, human-supervised approach.
