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
Steve Jarrett, who served as Chief AI Officer at French telecom Orange since 2019, has accepted a role with U.S. AI firm Anthropic. He will begin on August 25, will be based in Paris, and will initially focus on helping Anthropic tailor its products for European and African markets. The move comes as Anthropic opens additional European offices and …
Susquehanna raised its Micron Technology price target to $2,000 from $1,750 after the memory chipmaker delivered record fiscal third-quarter results and guidance that exceeded analyst estimates. The upgrade follows a string of long-term, non-cancellable customer agreements that cover significant portions of DRAM and NAND supply and include price fl…
Carlos Ghosn says shareholder proposals seeking his return to Nissan signal mounting frustration after successive management teams failed to reverse the automaker’s decline. Pointing to an 80% fall in the company’s share price since 2018, a fall in annual sales to roughly 3 million vehicles from over 5 million and other indicators of weakening perf…
BlackBerry lifted its full-year 2027 revenue forecast after reporting a strong first quarter driven by its QNX division, which supplies secure operating systems for automotive and other embedded systems. QNX revenue climbed nearly 26% to $72.3 million for the quarter ended May 31 and carries a backlog of almost $1 billion in future royalties. The c…
UBS upgraded Gurit Holding AG from "neutral" to "buy" and raised its 12-month price target to CHF43 from CHF25. The bank cited a combination of internal restructuring, an expected sales inflection in 2026, and a more balanced wind-market supply-demand picture as the rationale. UBS also revised earnings estimates higher across 2026-2028 and forecast…
WidePoint Corporation's stock climbed sharply after the company was named the sole awardee for the Department of Homeland Security's Cellular Wireless Managed Services 3.0 contract, a 10-year IDIQ with a contract ceiling of roughly $3.1 billion and an ordering period beginning June 25, 2026. The award tasks WidePoint with providing an integrated su…
Darden Restaurants reported adjusted diluted EPS of $3.66 for its fiscal fourth quarter ended May 31, beating analyst expectations by $0.03, while revenue of $3.72 billion narrowly missed the consensus. The quarter included an extra week that added $0.25 to EPS. Management issued fiscal 2027 guidance above Street estimates and announced an increase…
Documents reviewed by Reuters show Morgan Stanley provided one of the earliest pieces of institutional capital to entities controlled by Paresh Raja, the founder of Market Financial Solutions Ltd. The investment - a £50 million purchase of Class A loan notes in November 2021 from Earthave Bridging - preceded a wider set of bank exposures that left …
Barclays has reaffirmed equities as its preferred asset class for the third quarter, arguing that an AI-driven U.S. earnings cycle should offset concerns about currently stretched valuations. The bank raised its 2026 S&P 500 EPS forecast and price target, highlighted favored sectors tied to AI investment, flagged Japan as a compelling non-U.S. expo…
Deutsche Bank has upgraded Vonovia SE from hold to buy and raised its price target to €26 from €25, adding the German landlord to a trio of sector top picks that includes Merlin Properties and VGP. Analyst Thomas Rothaeusler cites trough valuation and priced-in rate expectations as reasons for upside potential, even as the bank adopts a cautious ma…
McCormick & Company reported quarterly results that exceeded analyst estimates, with adjusted EPS of $0.80 and revenue of $1.94 billion. The company reiterated its fiscal 2026 adjusted EPS guidance and expects full-year net sales growth driven in part by the McCormick de Mexico acquisition. Improved gross margins were supported by the acquisition, …
Eni SpA shares fell 1.8% to trade at €20.415 during the session as a drop in crude oil benchmarks, with the WTI August futures around $69.5 per barrel, pressured oil-sector stocks on Piazza Affari. No company-specific news was found to explain the decline, which follows a substantial retracement from a 52-week high hit in early April 2026.
On June 25 McCormick reported second-quarter revenue and adjusted earnings above Wall Street expectations, citing sustained consumer demand for spices and seasonings as households cook more at home amid economic uncertainty. The company also reiterated progress on its proposed roughly $45 billion merger with Unilever’s food business, a deal that wo…
Darden Restaurants shares fell about 2.1% in pre-market trading as investors positioned for the company’s fiscal fourth-quarter 2026 results. Street expectations call for adjusted EPS near $3.63–$3.64 and revenue of $3.73 billion. Concerns centered on Olive Garden same-store sales, where one analyst modeled results below consensus, while LongHorn S…
Schaeffler shares climbed after Citi characterized the stock as a buying opportunity, citing a near-trough valuation for the core business and potential additional value from non-automotive initiatives. The move came amid improving operating margins reported in Q1 2026 and a broader constructive trading backdrop for German equities.
L’Oréal shares rose 1.5% to €392.5 after Citi upgraded the stock to Buy and lifted its price target to €435, citing improved long-term growth expectations tied to the Kering Beauty acquisition and strengthening organic sales trends. The move countered recent negative notes from Deutsche Bank and Jefferies as investors await the July 29 earnings rep…
H.B. Fuller fell sharply in pre-market trading after formally confirming the purchase of Advanced Medical Solutions and reporting fiscal second-quarter results that met revenue and EPS expectations but left full-year adjusted EPS midpoint slightly below analyst forecasts. The deal, priced at £715 million (about $942 million including debt), is expe…
Bio-Techne shares jumped sharply in pre-market trading after Merck KGaA announced a binding agreement to acquire the Minneapolis-based life sciences company for $73 per share in cash, implying an enterprise value near $11.3 billion. The board-approved offer carries a 36% premium to the one-month volume-weighted average price and compresses the stoc…
ITV Plc shares climbed after Sky, the Comcast-owned pay-TV operator, agreed terms to purchase ITV’s Media & Entertainment unit, including its free-to-air channels and ITVX streaming service, for £1.6 billion. The transaction includes a swap in which ITV Studios will acquire Love Productions from Sky, valued between £80 million and £120 million, plu…
Investors and fund managers are preparing for elevated trading volumes tied to FTSE Russell's June reconstitution, which includes the fast-entry adoption of SpaceX into the Russell 1000, reclassifications for megacaps, and dozens of small-cap promotions to larger indexes. Market participants expect substantial portfolio rebalancing, with nearly $15…
Indian shares finished modestly higher on Thursday with the Nifty 50 and BSE Sensex both advancing 0.14%, driven by strength in auto, real estate and banking names. Market breadth was negative on both exchanges, while volatility, commodity and currency indicators moved lower in late trade. Notable movers included Mahindra & Mahindra, Maruti Suzuki …
Volkswagen AG shares climbed after the company confirmed it will sell a 51% stake in its large engine business, renamed Everllence, to Bain Capital for about c7.4 billion including the stake value and expected post-deal debt. Volkswagen will remain a 49% shareholder. Analysts said the transaction strengthens the group's finances as it pursues a br…
Germany’s Merck KGaA agreed to buy Bio-Techne for about $11.3 billion, adding research and bioprocessing capabilities to its life sciences division. That transaction is the latest in a string of large deals over the past decade by U.S.-based pharmaceutical and biotech companies targeting assets across oncology, immunology, rare diseases, obesity, d…
Barclays retains a positive outlook on global equities and expects the economic expansion to continue, forecasting 3.1% global growth in 2026. The firm highlights the U.S. profit cycle as the primary driver of global macro developments and notes earnings gains spreading beyond mega-cap tech into hiring, capital spending and consumer demand. At the …
Schaeffler shares climbed after Citi identified the stock as attractively valued at roughly €8, arguing the core business alone is worth about €8.30 and that further upside could come from non-automotive opportunities in humanoids, space and defense. The bank said recent weakness in the share price does not reflect a deteriorating fundamental outlo…
