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.
30,187 total articles
Robinhood's stock rose in pre-market trading after the company disclosed a reorganization that will cut about 10% of full-time staff while citing record month-to-date trading volumes across equities, options and prediction markets. The 8-K filing and an internal memo from CEO Vlad Tenev framed the changes as a move to flatten management layers and …
The Bank of Japan lifted its policy rate by 25 basis points to 1% in a 7-1 vote on Tuesday, with Governor Ueda absent due to illness. The central bank said downside risks to the economy have diminished, while upside risks to inflation persist, citing faster pass-through from higher crude oil prices at the business-to-business level and rising mediu…
Edwards Lifesciences shares climbed in pre-market trading after the U.S. Centers for Medicare & Medicaid Services published a proposed National Coverage Determination memo for transcatheter aortic valve replacement (TAVR). The draft decision would expand Medicare coverage - including asymptomatic severe aortic stenosis under Coverage with Evidence …
Aperam shares fell following Morgan Stanley's downgrade from Overweight to Equal-weight, a move the bank said reflected that the first phase of the European stainless-steel recovery is already priced in. The bank raised its price target but flagged a normalized EBITDA range as a valuation anchor. Company-specific analyst action outweighed broader m…
Morgan Stanley says the recent drop in oil prices after a U.S.-Iran peace agreement presents a chance to increase exposure to major integrated producers and select exploration and production companies. The firm highlights that current producer valuations imply an average WTI price near $66 per barrel, well below nearby market strips, and projects m…
Mobileye Global shares rose sharply in pre-market trading after the company said it will transition from pure supplier to operator by launching a vertically integrated robotaxi service in a major U.S. metropolitan area. Commercial service is planned to begin in 2027, starting with roughly 100 driverless vehicles and aiming for about 17,000 cars wit…
Yum! Brands announced definitive agreements to divest Pizza Hut in two separate transactions that together total $2.7 billion. Shares rose about 1% on the news. The deals split Pizza Hut between LongRange Capital for operations outside Mainland China and Yum China Holdings for the China business, with closing expected in the third quarter of 2026, …
Associated British Foods fell 1.6% to 1895.5p after Citi placed the stock on a negative catalyst watch and trimmed its price target, citing an expected 4% like-for-like sales decline at Primark in Q3 and a sequential slowdown versus the first half. The UK regulator cleared ABF’s purchase of Hovis without restrictions, but analyst concern about Prim…
Edwards Lifesciences shares climbed 3.6% on Tuesday after the U.S. government published a proposed National Coverage Decision that would broaden coverage for transcatheter aortic-valve replacement (TAVR). Key changes in the memo include coverage for asymptomatic severe aortic stenosis under coverage with evidence development, removal of the dual-op…
Huber + Suhner AG shares dropped following a Berenberg downgrade to 'hold' from 'buy', with the bank arguing that the stock's more than tripling over the prior 12 months leaves constrained upside despite upbeat sales forecasts for the company's optical circuit switch business and sustained aerospace and defence demand.
Edgewise Therapeutics saw its stock slide 25% on Tuesday after releasing top-line results from the 12-week Phase 2 CIRRUS-HCM trial of EDG-7500. Although the data showed high rates of improvement across key biomarkers and hemodynamic measures, investors reacted negatively amid concerns about competitive dynamics in hypertrophic cardiomyopathy and q…
Futures tied to Canada’s primary equity benchmark were higher early Tuesday as investors reacted to rising gold and waited for more information on a framework peace deal between the United States and Iran. The S&P/TSX composite hit a fresh record in the prior session, supported by metal mining stocks. Global markets were modestly firmer while Brent…
Huber + Suhner AG shares fell more than 4% after Berenberg downgraded the Swiss connectivity specialist from "buy" to "hold," arguing that a more than threefold rally over the last year leaves little room for further gains. The brokerage raised its price target to CHF250 and reiterated a bullish view on the company’s emerging optical circuit switch…
Robinhood Markets said it will reduce its full-time headcount by roughly 10%, or about 290 roles, as CEO Vlad Tenev pushes to flatten management and speed product delivery. The company said the move comes while trading volumes are at record month-to-date levels in June, and it expects to record approximately $20 million in cash restructuring costs …
Barclays has shifted its stance on Porsche AG, upgrading the stock to Equal Weight from Underweight and increasing its price target to €50 from €40, even as it trims near-term operating profit forecasts for 2026 and 2027. The bank says the market is already looking past the 2026-2027 weakness toward a 2028 recovery driven by new model introductions…
Olin Corporation's shares jumped in pre-open trading after the company and Huntsman Corporation agreed to an all-stock merger of equals that will form OlinHuntsman Corporation with a combined enterprise value exceeding $12 billion. The agreement, signed on June 15, 2026 and announced June 16, gives Olin shareholders roughly 54.5% of the combined co…
Bank of America's latest Global Fund Manager Survey shows investor sentiment close to historical highs and several crowded trades, but the bank's strategists conclude conditions do not yet amount to a broad market peak. Cash levels rose marginally and some positioning has been trimmed, even as expectations for higher interest rates climb and macro …
Huntsman stock fell sharply in pre-market trading after the company disclosed an all-stock merger of equals with Olin Corporation to form OlinHuntsman Corporation. The deal, signed June 15, 2026 and announced the next morning, pairs Huntsman and Olin into a combined North American chemicals company projected to generate about $12.5 billion of 2025 …
Qualcomm shares jumped in pre-market trading following reports of talks to acquire AI chip designer Tenstorrent and a string of bullish analyst moves ahead of the company’s June 24 Investor Day. Investors are focusing on management’s expected outline of an expanded data center strategy and specific revenue goals, while marketwide strength in techno…
BofA Securities downgraded Mondi to neutral from buy and reduced price targets across listings after warning of an increased chance of weaker European containerboard volumes in the second half of the year. The bank trimmed EBITDA forecasts for 2026 and 2027, highlighted potential oversupply in the market, and pointed to rising costs and inventory-d…
Rackspace Technology shares surged after the company finalized an agreement with AMD to deploy 30 MW of AMD-based AI compute hardware across its global data centers. The pact, which implements a May 7, 2026 memorandum of understanding, names AMD a strategic technology partner for Rackspace's governed AI stack and outlines a phased rollout beginning…
Citi has pared back its natural gas price projections after a market selloff and expects further downward pressure as geopolitical frictions in the Middle East subside. The bank pointed to a 15% to 20% drop in TTF and JKM from intraday highs on June 11, soft Asian LNG imports, robust Chinese hydroelectric output, increased water flows in Southeast …
Mobileye shares climbed 5% after the company unveiled plans to launch a vertically integrated robotaxi operation. The plan calls for about 100 fully driverless vehicles to begin phased service in a U.S. metropolitan area in 2027 with a target to grow to roughly 17,000 vehicles within five years, while continuing to supply its Mobileye Drive system …
Bank of America's latest European Fund Manager Survey shows a shift toward near-term caution among investors, with a small net expectation of downside for European equities over the coming months. At the same time, a much stronger majority expects market gains and rising forward earnings over the next twelve months. Managers have nonetheless reduce…
Wells Fargo's second-quarter grocery delivery pricing survey finds the gap between third-party and first-party delivery costs largely unchanged after narrowing in the previous quarter. Instacart reduced both item prices and consumer fees, producing the biggest third-party basket decline. Other delivery platforms displayed divergent pricing actions,…
