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.
23,107 total articles
Citi raised its price target on SoftBank to JPY255 from JPY240 and reiterated a Buy rating after the company reported FY3/26 results and issued guidance for FY3/27. SoftBank posted year-over-year gains in revenue, operating profit and net profit in FY3/26 and guided for further growth in FY3/27. Citi highlighted potential short-term stalling of pro…
Northland Capital predicts that El Niño-driven warming, current heat waves and rising electricity prices will push demand for rooftop and utility-scale solar plus battery storage higher in the United States and Europe this summer. The firm highlights states and regions where retail power prices already make solar financially attractive and identifi…
Memory semiconductors were among South Korea’s top-performing sectors in June but experienced a pronounced sell-off toward month-end. KB Securities attributes the drop to a mix of flow-driven moves and technical factors, highlighting semiannual portfolio rebalancing and the upcoming inclusion of SpaceX in the Nasdaq-100 as two prominent mechanics. …
Panasonic is moving to establish as much of the supply chain as possible within the United States for its energy storage systems, CEO Yuki Kusumi said. The effort accompanies plans to begin mass production of battery cells for data centers at the company's Kansas energy unit plant in the financial year ending March 2029. Panasonic will not produce …
Sinda Ltd. completed an initial public offering of 17,750,000 common shares at $12.00 apiece, generating about $213 million in gross proceeds before underwriting discounts, commissions and other expenses. The silver exploration and development company, with projects in Mexico, began trading on the New York Stock Exchange on June 26, 2026, after the…
India's main stock indices closed lower on Tuesday, with the Nifty 50 down 0.34% and the BSE Sensex 30 off 0.33%. Losses concentrated in IT, technology and fast-moving consumer goods names outweighed gains in select auto and consumer discretionary issues. Market breadth was mixed while volatility, commodities and currency moves offered modest offse…
U.S. stock futures were largely unchanged in early trading on Tuesday as investors paused ahead of the final session of a quarter that delivered outsized gains for major indexes. A slate of economic releases, including the JOLTS job openings report and the Conference Boards consumer confidence reading, plus the start of earnings season, are expect…
The U.S. Supreme Court on Monday endorsed President Donald Trump’s authority to remove an FTC commissioner without cause, a ruling that grants broad presidential discretion over appointees and is likely to undermine lawsuits brought by officials fired from other federal agencies. The decision overturns a longstanding precedent and raises questions …
Bank of America lowered its rating on Logitech to Underperform from Neutral and reduced its price target by 18% to CHF70 ($86) from CHF85 ($108), warning that rising hardware costs across PCs, tablets, smartphones and gaming systems are likely to depress demand for peripherals over the next 12 to 18 months. The bank trimmed EPS and revenue forecast…
Shell’s annual LNG Outlook, published Tuesday, June 30, lays out a long-term trajectory of rising liquefied natural gas demand alongside a nearer-term supply ceiling driven by disruptions in the Strait of Hormuz. The report helps explain why U.S. natural gas instruments and Shell shares are moving the way they are: structural demand growth points t…
Idaho Copper Corporation has submitted paperwork to transfer its common stock listing from the OTC Pink Limited Market to the NYSE American, proposing a firm commitment public offering of 2,793,300 common shares with an equal number of warrants at an assumed price of $6.50 per share. The company notes a currently limited public trading market for i…
U.S. officials are drafting a rule to restrict imports of foreign-made inverters that link solar installations and battery systems to power grids, driven by concern China could exploit such devices to interfere with electricity supplies. The measure, being developed at the Federal Communications Commission, targets new foreign models and could be p…
Logitech shares dropped sharply in pre-market trading after BofA Securities downgraded the stock from Neutral to Underperform and cut its price target to $86 from $108. The bank warned of deteriorating demand for mice, keyboards, gaming products and webcams over the next 12 to 18 months, and reduced FY27-FY29 EPS estimates by 6% to 11% due to an an…
A Medicaid pilot that would peg drug prices for low-income Americans to rates paid in other developed countries has highlighted reluctance among mid-sized and smaller pharmaceutical firms to accept large price concessions. While the White House says agreements with the largest drugmakers cover roughly 86% of the U.S. branded drug market by sales an…
A bipartisan U.S. House committee has launched national security inquiries into whether Merck and AbbVie participated in clinical trials in China that could have supported that country’s military capabilities. Lawmakers requested detailed information on due diligence, data protection and trial-site standards by July 17, highlighting trials conducte…
Nestle shares declined 1% after Barclays reduced its second-quarter organic sales growth forecast to 3.7% from 4.0%, pointing to persistent weakness in the U.S. market. Barclays highlighted dents from an earlier infant formula recall and expects real internal growth to be the central measure as pricing tailwinds wane.
Bank of America held its S&P 500 year-end target at 7,100, which implies roughly a 5% drop from current levels, and presented a model range spanning about 6,000 to 8,000. The bank says liquidity tailwinds that peaked in 2025 are fading, expects three 25 basis point Federal Reserve hikes in 2026 and anticipates a flatter yield curve. It projects a s…
Global equities delivered their strongest quarterly performance since Q4 2020, beginning with U.S. leadership and expanding into Europe in June following a U.S.-Iran memorandum of understanding that reduced geopolitical tail risks. Falling oil prices weighed on Energy and pulled down commodities and bitcoin, while Technology remained the lone globa…
Bank of America strategists say insurance stocks, which have lagged the broader market since April 2025 tariff announcements, are trading below historical valuation ranges and may be poised for a reversal. The firm highlights Allstate and Progressive for their consistent earnings outperformance and market-share gains, while cautioning that single-s…
The U.S. Supreme Court, in a 6-3 decision, held that the president has broad authority to remove officials who exercise executive power, overturning the 1935 Humphrey's Executor precedent that insulated certain agency leaders from at-will removal. The ruling upheld the firing of Federal Trade Commission Commissioner Rebecca Slaughter and rejected s…
AeroVironment's stock jumped sharply in pre-market trading after the company reported record fiscal Q4 FY2026 results. Quarterly revenue more than doubled year-over-year to $641.6 million, significantly above analyst expectations, while non-GAAP EPS of $1.84 also beat estimates. Strong performance in the Autonomous Systems segment, contributions fr…
Kering stock fell sharply after analysts trimmed price targets and investors reacted to ongoing weakness at Gucci. The shares dropped to session lows around €251, while broader luxury names also saw selling amid softer Chinese demand, disruptions to Middle Eastern tourism flows and a cautious European outlook. Market positioning following a recent …
A UBS annual report shows global personal wealth rose 10.8% in 2025, the fastest pace in recent years, producing almost one million new U.S. dollar millionaires. The United States accounted for nearly half of the new millionaires, while European wealth in dollar terms was boosted by a weaker dollar versus the euro. Despite rising average wealth, me…
Kering shares fell more than 5% after a pre-results analyst call in which management reiterated a gradual recovery plan. Barclays said the group's full-year guidance looks increasingly out of reach and projected continued weakness at Gucci, while Citi trimmed growth assumptions and reduced its price target slightly. Investors now await H1 2026 resu…
Meituan announced the release and planned open-sourcing of LongCat-2.0, which the company says is a trillion-parameter large language model trained and executed entirely on a 50,000-chip cluster using Chinese-made processors. The model, developed by the LongCat team founded in 2023, is positioned for agentic coding and ultra-long document handling …
