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.
30,185 total articles
Direxion Daily Semiconductor Bull 3X Shares (SOXL) climbed 8.0% in pre-market trading to $244.29, fueled by a rebound in chip stocks following a prior-week rout tied to Broadcom's AI chip guidance. Persistent hyperscaler capital spending plans and the ETF's 3x daily leverage magnified the move, even as broader U.S. equity indices showed caution.
Figma shares rose 3.3% in pre-market trade after Citi started coverage with a Buy rating and set a $36 price target. Analyst Tyler Radke pointed to early signs of AI monetization, including seat upgrades and increased credit pack usage from large customers, and cited upcoming product launches and Model Context Protocol server monetization as furthe…
Genco Shipping & Trading Co. stock rose 3.7% in pre-market trading after Diana Shipping Inc. boosted its takeover offer to $27.34 per share from a prior all-cash bid of $24.80. The updated proposal combines $24.80 in cash with one Diana share valued at $2.54, based on Diana’s 30-day volume-weighted average price through June 16, 2026, and is suppor…
Goldman Sachs' latest CIO survey finds overall IT spending and IT capital spending indices slipping while AI-specific allocations accelerate. A rising share of enterprises expect generative AI to take more than 10% of IT budgets over three years, with many funding inference costs through reallocated budgets and shifting dollars away from applicatio…
Momentus Holdings saw its stock spike in pre-market trading after announcing a commercial agreement to host and operate two Occultation Wave Limb Sounder (OWLS) instruments developed by the University of Colorado Boulder’s Laboratory for Atmospheric and Space Physics (LASP) aboard its Vigoride-9 Orbital Service Vehicle, with a targeted launch in 20…
Ocular Therapeutix said it will pursue a New Drug Application for AXPAXLI in wet age-related macular degeneration in the fourth quarter of 2026, relying on SOL-1 Week 52 efficacy and safety results plus an interim SOL-R safety analysis to meet FDA alignment. The shift removes SOL-R efficacy from the submission package, pushes SOL-R topline efficacy…
On June 17, Allbirds announced a corporate rebrand to Smartbird and appointed Nadia Carlsten, a former Amazon Web Services executive with experience in AI and quantum computing, as president and CEO. The move formalizes the company's April decision to move away from footwear toward providing cloud computing capacity and AI services. Smartbird said …
Palladyne AI Inc. rallied 5.4% in pre-market trading after announcing two U.S. Army contracts for its SwarmOS edge AI software and the Gremlin-X reusable mini-bomber drone. The awards follow the prior-day deployment of SwarmOS during the Army's Ivy Mass exercise and come alongside the company's reiterated full-year revenue guidance of $24 million t…
IceCure Medical shares jumped sharply in pre-market trading after the company reported a 70% increase in its U.S. active install base for the ProSense breast cancer cryoablation system since the device received FDA marketing authorization in October 2025. The update noted accelerating procedures across major U.S. metropolitan markets and rising ado…
Citi has initiated coverage of Figma with a Buy/High Risk rating and a $36 price target, arguing that investors are underestimating the company’s ability to monetize artificial intelligence. The bank's field checks point to seat upgrades and growing use of AI credit packs, and its revenue forecasts sit above Wall Street consensus for coming periods…
Hays plc saw its share price reverse a morning rally and finish lower after confirming the sale of six European operations produced only around 04 million in net cash proceeds, and revealing it is evaluating the future of seven additional international businesses. Analysts gave a mixed reaction that trimmed expectations, while broader UK inflation …
Elicio Therapeutics (NASDAQ:ELTX) saw a 15.5% rise in premarket trading after announcing that three patients from its Phase 2 AMPLIFY-7P trial, who had progressed on ELI-002 7P, later achieved confirmed complete radiographic and metabolic responses following nivolumab-based subsequent therapy. All three patients were microsatellite stable/mismatch …
CME Group disclosed a planned leadership change that saw shares fall in pre-market trading. Chairman and CEO Terry Duffy will step down from the CEO role on March 1, 2027 and assume an Executive Chairman title, while President and CFO Lynne Fitzpatrick will become CEO and join the board. The move, disclosed via an SEC Form 8-K and press release, ca…
J.P. Morgan remains constructive on the UK banking sector, saying worries about potential government policy shifts have overshadowed solid underlying fundamentals. The broker keeps Overweight ratings on Barclays and NatWest Group, pointing to strong capital positions, resilient profitability and the ability to return capital to shareholders via div…
Morningstar's wealth unit has partnered with Apollo Global Management, Franklin Templeton and J.P. Morgan Asset Management to create a set of portfolios aimed at giving individual investors exposure to private markets. The offerings, scheduled to launch later this year, will use a combination of exchange-traded funds and interval funds. Initial mod…
Ouster's stock rose in pre-market trading after the company disclosed a strategic supply agreement with AIM Intelligent Machines to provide digital lidar sensors for autonomous heavy earthmoving equipment at mining, construction, and defense sites. The arrangement extends an existing multi-year relationship and is designed to secure large-scale sen…
A review of Tuesday's disclosures shows concentrated insider buying in Artiva Biotherapeutics, Alpha Metallurgical Resources, American Bitcoin Corp., Skillsoft and Ring Energy. At the same time, significant sell-side activity included planned and opportunistic disposals by executives and funds at Natera, Innodata, Corpay and Netskope. The filings p…
The Progressive Corporation reported a 36% year-over-year increase in net income for May and growth across premium and policy metrics, while announcing that Personal Lines President Pat Callahan will retire after nearly 24 years and transition to an advisory role in early 2027. Executive realignments are planned to cover Callahan's responsibilities…
Sri Lankan equities closed almost flat for the second consecutive session, with advances in consumer discretionary and consumer staples balancing declines in healthcare and communication services. The CSE All-Share edged higher to 22,385.91 from 22,377.29. Trading activity and turnover fell, while foreign investors were net sellers and domestic inv…
Ouster Inc. shares rose about 3% in premarket trading after the company and AIM Intelligent Machines announced a strategic supply agreement. Under the deal, Ouster will deliver high-volume shipments of its Rev8 native color digital lidar sensors to support AIM’s rollout of retrofit autonomy kits for heavy earthmoving equipment used in mining, const…
Aehr Test Systems stock climbed sharply in premarket trading after announcing a follow-on production order for a FOX-XP wafer-level burn-in system from a major global networking products company. The system, configured to test nine wafers simultaneously and including a WaferPak Auto Aligner and a full set of FOX WaferPak Contactors, is due to be de…
SoFi Technologies shares climbed in premarket trading after CEO Anthony Noto disclosed an open-market purchase of 13,888 shares on June 16, 2026. The transaction, executed at an average price of about $18.06 per share and valued at roughly $250,678, is being read by market participants as a sign of executive confidence. The move arrives after solid…
Momentus Inc. (NASDAQ:MNTS) reported a commercial contract to host the University of Colorado Boulder’s Laboratory for Atmospheric and Space Physics (LASP) Occultation Wave Limb Sounder (OWLS) instruments on its Vigoride-9 Orbital Service Vehicle, prompting a 19% jump in the company’s shares. The mission, planned for 2027, will measure atmospheric …
Ernexa Therapeutics reported completion of manufacturing process development and the start of GMP production for its lead allogeneic cell therapy candidate ERNA-101, and announced plans to submit an Investigational New Drug application in the third quarter of 2026. The update, which included preclinical efficacy data and a completed $10.5 million f…
AST SpaceMobile Inc. (NASDAQ: ASTS) saw its shares climb 4.9% in premarket trading Wednesday after launching BlueBird satellites 8, 9 and 10 on a SpaceX Falcon 9 from Cape Canaveral. The newly deployed satellites are intended to deliver peak data speeds approaching 200 Mbps directly to standard smartphones, and represent a step up in capacity versu…
