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
Oxford Industries fell sharply in pre-market trading after reporting second-quarter fiscal 2026 results and issuing a significantly reduced outlook. While adjusted EPS and revenue modestly beat expectations, management warned of weaker near-term demand tied to the Lilly Pulitzer brand and cut both quarterly and full-year guidance, prompting a heavy…
Concrete Pumping Holdings Class A popped sharply in pre-market trading after reporting fiscal third-quarter 2026 results that exceeded analyst expectations on revenue and earnings, while the company raised full-year guidance, initiated a recurring quarterly dividend and extended its share buyback authorization. Management reiterated focus on cash g…
Cisco Systems shares have retreated from recent highs but remain above the modelled fair value of $99.66. While revenue and earnings growth are accelerating and the firm is expanding its AI infrastructure efforts, daily technical indicators are bearish and valuation metrics leave limited room for errors.
Norges Bank Investment Management, which oversees Norway’s $2.3 trillion sovereign wealth fund, has proposed cutting the share of government bonds in its benchmark from 70% to 50%, including a sharp reduction in U.S. Treasury exposure. The plan would reweight regional government bond allocations, increase holdings of non-government debt such as mor…
Goldman Sachs raised price targets for European refining stocks and materially boosted diesel and jet crack assumptions after higher-than-expected diesel margins. The bank cited geopolitical-driven supply disruptions and persistent structural capacity tightness that have pushed refining margins well above historical norms, prompting significant upw…
Shares of Neste rose after Goldman Sachs upgraded the stock to Buy from Neutral and increased its price target to €40 from €32. The bank cited heightened geopolitical and supply risks, expanded regulatory support for renewable fuels in Europe, and the removal of the US small refinery exemptions overhang. While the firm trimmed its renewable sales v…
Morgan Stanley upgraded Accor SA to overweight and designated it a Top Pick, arguing that a forecasted inflection in RevPAR in 2027, recovering net unit growth, a favorable fee algorithm and significant cash returns will outweigh short-term disruption from weaker Middle East travel. The bank raised its price target and adjusted near- and medium-ter…
Shares of Deutsche Boerse fell about 1% following AlphaValue's downgrade from 'add' to 'reduce.' The broker cites fair valuation after a roughly 40% surge from February lows, while still acknowledging the company's quality and earnings strength. AlphaValue trimmed its medium-term EBITDA outlook relative to management guidance and modestly raised EP…
Zscaler plunged in pre-market trade after reporting a solid fiscal fourth quarter yet signaling a slowdown for fiscal 2027. Revenue and adjusted EPS beat expectations, but management's guidance for significantly lower revenue and ARR growth, coupled with a restructuring charge and compressed free cash flow margin, shifted investor focus to near-ter…
India's market regulator has initiated personal hearings and legal measures to recover profits it says arose from trades that benefitted from advance knowledge of Hindenburg Research's critical report on the Adani Group. The actions target offshore entities and a Mauritius-based fund tied to Kotak International that allegedly facilitated short posi…
Barclays strategist Emmanuel Cau says that the U.S. payrolls report released today and next week’s consumer price index will be pivotal in shaping market expectations for Federal Reserve policy. With markets assigning about a two-thirds chance of a September rate hike and Barclays economists forecasting additional increases in September and Decembe…
Volkswagen’s supervisory board unanimously approved Chief Executive Oliver Blume’s radical transformation program, Future Plan 2030, clearing the way for the company to double planned job cuts to 100,000 and reduce its model variants by roughly three-quarters by 2035. Shares rose more than 4% in early German trading after the announcement. The plan…
Barclays strategists say equities are once again reacting more to interest-rate prospects and energy-price swings. With oil climbing amid the U.S.-Iran standoff and European gas rallying from last year’s lows, the bank has pushed up its rate-hike outlook and flagged a choppier market as central bank decisions, geopolitical events and elections conc…
One year after founder Giorgio Armani's death, the group moves from stabilising governance to executing the founder's will, which calls for an initial sale of about 15% within 12 to 18 months of his death and a subsequent disposal or listing. The company is preparing a new business plan under CEO Giuseppe Marsocci while weighing potential buyers, t…
Taiwan's main bourse ended the session higher, led by advances in Computers & Peripherals, Machinery and Optoelectronic sectors. The Taiwan Weighted rose 1.61% at the close, with several mid-cap technology stocks posting double-digit percentage gains while some industrial and electronics suppliers declined.
Longfor Properties told bondholders it has sufficient liquidity to repay a 1.3 billion yuan bank loan due later this month and indicated it expects to be able to repay a U.S. bond maturing next year after securing roughly 3.2 billion yuan in new operating property loans. The disclosure sparked a sharp rise in the company's Hong Kong-listed shares, …
MiniMax shares rose sharply after HUMAIN, a Saudi Public Investment Fund-backed AI firm, revealed humain-m3 - an Arabic-language frontier model commissioned from and produced by MiniMax. The model, built on MiniMax’s open-source M3 foundation and trained on over one trillion tokens of Arabic-native content, posted top scores across seven public Ara…
Asian markets advanced Friday with technology stocks at the front of the move after comments from a Federal Reserve governor reduced the likelihood of a U.S. rate increase this month. Investors were awaiting U.S. nonfarm payrolls for fresh direction while oil prices remained elevated amid Middle East tensions.
Nvidia is reportedly negotiating an approximately $2.5 billion investment in Thinking Machines Lab, an AI startup led by a former OpenAI executive. The company is also said to be in fundraising talks to secure at least $1 billion at an approximate $40 billion valuation. These discussions would extend a partnership announced in March under which Nvi…
Toyota Motor Corp. is evaluating hydrogen as a fuel source for trucks that transport auto parts and as an energy option for factory operations, according to comments from Vice Chairman Koji Sato in an interview. The move reflects renewed interest in hydrogen as an alternative fuel amid higher gasoline prices and supply strains following the Iran wa…
Globus Medical's Excelsius3D imaging system has received CE mark approval for commercial sale in the European Union and United Kingdom. The company plans to begin commercialization in those markets. Shares of Globus Medical (GMED) rose about 1% in after-hours trading following the announcement. Excelsius3D combines 3D cone-beam CT, 2D fluoroscopy a…
Volkswagen AG's supervisory board approved 'Future Plan 2030,' a broad restructuring package designed to address falling demand and intensified competition. The plan includes 50,000 additional job cuts, potential production reallocation for several European plants, a halving of model range by 2035, ambitious financial targets including a 9% operati…
Colombia's main equity gauge rose on Thursday, led by strength in Industrials, Services and Agriculture. The COLCAP index finished up 1.81% and recorded a new all-time high. Several individual stocks delivered notable moves: Etb surged, Grupo de Inversiones Suramericana reached a record, and Bolsa De Valores De Colombia advanced, while a handful of…
ŌURA Inc. has submitted a Form S-1 registration with the SEC for an initial public offering, applying to list on the Nasdaq Global Select Market under the ticker OURA. The San Francisco company reported sharply higher revenue, expanding profitability and a doubling of paid memberships over the last year, while financial terms for the offering remai…
Shares of Docusign Inc. climbed more than 8% in after-hours trading following second-quarter results that topped analyst forecasts. The company reported EPS of $1.16 and revenue of $875.7 million, and raised its annual recurring revenue growth outlook to 8.5%–9.0%, citing accelerating AI-driven activity across its platform.
