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.
23,108 total articles
Saab announced a 47 billion crown ($4.83 billion) contract to deliver three A26-type submarines to Poland, a deal that includes weapons systems, training and a support package as well as plans to build maintenance, repair and overhaul capacity in Poland. Shares of the Swedish defense group rose 2% on the news.
Deutsche Bank forecasts a marked pickup in European corporate earnings in the second quarter, with Energy alone expected to drive much of the improvement. The bank’s research note projects 14% year-on-year STOXX 600 earnings growth in Q2 versus a 12% consensus, while excluding Energy growth is seen at just 3%. Energy profits are expected to climb a…
Liberty Broadband shares climbed 15% on Monday after Comcast disclosed plans to separate its media and entertainment assets - NBCUniversal and Sky - from its broadband-focused operations. Comcast's stock itself surged about 20% on the news. The planned spinoff will create two distinct public companies and involves leadership changes, a temporary re…
HSBC interprets Micron Technology’s latest earnings release as confirmation that demand tied to artificial intelligence remains healthy. The bank acknowledged several factors behind recent technology-sector weakness but said Micron’s results provided tangible proof of a resilient AI backdrop. HSBC currently classifies the market environment as neut…
JPMorgan analysts caution that advances in frontier AI models are accelerating the discovery of zero-day vulnerabilities, shrinking the time banks have to patch systems and raising the prospect of a cyber-driven liquidity crisis that could outpace traditional credit risks. The bank calls for infrastructure resilience testing and deposit-run liquidi…
Aqua Capital, Ltd. raised its stake in Energizer Holdings to 7.34 million shares with a June 22 purchase, continuing a series of buys amid a wide valuation discount. ENR is trading at a reported 7.9x price-to-earnings multiple against higher fair-value and peer benchmarks, while recent earnings beat on the bottom line is tempered by a revenue miss …
U.S. stock futures rose Monday morning after reports that Washington and Tehran agreed to pause recent hostilities around the Strait of Hormuz and resume diplomatic talks, which investors took as a sign that broader regional disruptions could be avoided. By 07:39 ET, gains were led by the Nasdaq 100, and the premarket session was marked by large mo…
Shares of NN, Inc. jumped sharply after the company announced new multi-year awards to supply liquid-cooling products used in NVIDIA AI data center racks. The manufacturer is scaling capacity at its Wuxi, China plant, pre-selling its initial production run and positioning its Data Center and Electric Grid segment to become the company’s largest bus…
FuelCell Energy's stock rose 10% Monday following the Export-Import Bank of the United States' Board approval of a $49 million financing package intended to back the company's clean energy exports to South Korea. The package, structured as an EXIM loan guarantee and arranged with Private Export Funding Corporation, will be paid in two tranches with…
Larimar Therapeutics saw its stock decline 17% on Monday after the company released open-label study data for nomlabofusp and filed the first module of a rolling Biologics License Application with the U.S. Food and Drug Administration seeking accelerated approval for treatment of Friedreich's ataxia. The data show sustained increases in skin fratax…
Charter Communications stock surged roughly 20% in pre-market trading after reports that the company is in talks with SpaceX about routing phone traffic through SpaceX's direct-to-cell service. The move coincided with Comcast's announcement to separate its media and entertainment businesses from its broadband and cable operations, prompting a secto…
Terawulf shares climbed in pre-market trading after Citi began coverage with a Buy rating and a $36 price target. The initiation joins an otherwise unanimous set of Buy recommendations and follows company moves to build multi-gigawatt AI and high-performance computing (HPC) capacity, including the Muskie Data Campus acquisition and a $3.2 billion b…
Solidion Technology Inc. (NASDAQ:STI) saw its shares rise about 7% Monday morning after announcing plans to opportunistically purchase a position in SpaceX to hold as a long-term strategic investment on its balance sheet. The company said the initial allocation would be a modest portion of its cash on hand and should not affect funding for core ope…
Morgan Stanley assigned a ¥56,314 price target for Mitsui Kinzoku, applying a sum-of-the-parts valuation that places a 36.5x P/E on the copper foil business and 15.5x on other segments. The firm cites strong export trends out of Malaysia and Japan and higher LME copper prices as drivers, and highlights MicroThin and VSP copper foil for AI servers a…
Martin Marietta Materials slipped in pre-market trading after announcing a $13.5 billion deal to acquire Lhoist North America. The agreement combines $7.0 billion in cash with $6.5 billion in Martin Marietta stock, leaving Lhoist’s controlling Berghmans family with about 15% of the combined company and prompting investor concern over dilution. The …
Martin Marietta Materials has signed a definitive agreement to acquire Lhoist North America for $13.5 billion in a mix of cash and shares. The transaction, expected to close in the second half of 2026 pending regulatory approvals, prices Lhoist North America at roughly 15 times its 2025 Adjusted EBITDA and includes plans to capture about $85 millio…
Volkswagen management told employee representatives that the job reductions already agreed do not meet the company's objectives, according to a works council note reported on Monday. The note said management has yet to present concrete numbers for any further cuts. Separately, two people familiar with the matter told reporters that Europe’s largest…
Kepler Cheuvreux has cut its recommendation on Amadeus IT Group to "reduce" and trimmed its price target to €50 from €53, alongside modest reductions to adjusted EPS estimates for 2026 and 2027. The broker flagged the combined impact of IATA's New Distribution Capability and artificial intelligence as a potential driver of slower Air Distribution g…
Rocket Lab said it will acquire Iridium Communications in an $8 billion cash-and-stock transaction that values Iridium at $54 per share. The agreement pairs Rocket Lab’s launch and manufacturing operations with Iridium’s global low Earth orbit communications network and L-band spectrum. Shares of Rocket Lab rose roughly 5% on the news, while Iridiu…
UBS on Monday raised revenue and earnings forecasts for Marvell Technology and Astera Labs, citing an expanding market for CXL - a cache-coherent, low-latency, high-bandwidth interconnect built on PCIe. The bank kept its Buy rating on Marvell and its Neutral rating on Astera while significantly increasing price targets and multi-year estimates, for…
X Square Robot closed a sequence of four funding rounds culminating in a Series C that lifts its valuation above RMB 20 billion (about $2.8 billion). Backers include IDG in the Series C, with prior and repeated support from HongShan, Xiaomi, Meituan, Alibaba and ByteDance. The company plans to use proceeds to advance core embodied intelligence tech…
Charter Communications stock climbed 14% Monday morning after Comcast revealed plans to split into two publicly traded companies, separating its broadband, cable and wireless operations from its media and entertainment assets. Comcast said the transaction is expected to close in about a year and will leave shareholders with stakes in both companies…
Citi has revised its AI compute semiconductor rankings after recent quarterly reports, emphasizing that AI compute demand remains undersupplied. The bank flagged a 20% AWS EC2 GPU price increase and identified DRAM memory shortages as the primary constraint on compute supply, noting multi-year strategic customer agreements involving Micron. Citi no…
FuelCell Energy shares have surged after a string of analyst upgrades and a strategic agreement to supply on-site baseload power to data centers. A B. Riley upgrade to Buy with a $32 price target - the new Street-high mark - came days after Jefferies and other firms raised their outlooks, spurred by a June 24 pact with Fit Energy USA LP for up to 3…
Applied Aerospace and Defense Inc. shares rose 2.1% in pre-market trading after five major Wall Street firms initiated coverage following the company's June IPO. Baird led the group with an Outperform rating and a $30 price target based on 25 times its 2028 EBITDA estimate. Other initiations from RBC Capital, Stifel, Wolfe Research and Morgan Stanl…
