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.
30,207 total articles
U.S. stock index futures rose on June 11 as investors bought beaten-down technology shares and reacted to reports of diplomatic movement between the United States and Iran. Chipmakers led gains in premarket trading after a steep selloff the prior day, while signs that talks to reopen the Strait of Hormuz were proceeding helped pull oil prices lower…
Goldman Sachs increased 12-month price targets for four European semiconductor-equipment and AI-infrastructure related stocks, citing recent industry developments that point to firmer demand. The bank raised targets for ASML, ASM International (ASMI), BE Semiconductor Industries (BESI) and Nebius, while keeping buy ratings on all four. Goldman poin…
Goldman Sachs economists expect the European Central Bank to lift its policy rate by 25 basis points at its forthcoming meeting on Thursday. The bank anticipates upward revisions to core inflation forecasts for 2027 and 2028 driven by a more persistent shock, consistent with their view that energy disruptions will have lasting effects. Markets have…
United States Natural Gas Fund, LP fell 2.1% in pre-market trading to $11.30 as U.S. natural gas futures weakened on a range of bearish indicators. Elevated inventories, an EIA outlook showing production growth, reduced LNG terminal throughput amid Gulf Coast maintenance, cooler temperature forecasts, and a broad equity sell-off combined to pressur…
Coupang stock rose about 6.0% in pre-market trade after South Korea’s Personal Information Protection Commission issued a record 624.7 billion won penalty - roughly $409 million - for a 2025 data breach that exposed personal information of more than 37.5 million users. The fine is significantly lower than the roughly 1 trillion won maximum previous…
Crispr Therapeutics shares rose roughly 3% in pre-market trading after Morgan Stanley initiated coverage with an Equalweight rating and a $60 price target, and Mizuho Securities followed with a Buy rating. Morgan Stanley characterized the company as a "show-me" opportunity, projecting mid-decade sales for Casgevy and a path to profitability by 2029…
Kardigan has filed to go public in the United States, seeking a valuation as high as $1.4 billion and proposing to sell 23.3 million shares at $14 to $16 apiece to raise up to $373.3 million. The clinical-stage company, which develops precision medicines for cardiovascular conditions, is advancing three late-stage experimental therapies and will li…
Micron Technology shares climbed in pre-market trading after several brokerages sharply raised price targets on the expectation of a sustained memory pricing upcycle. Wolfe Research, Daiwa and Goldman Sachs lifted targets substantially while UBS highlighted a dramatic expansion in memory revenues driven by agentic AI demand. Micron also confirmed B…
CVC Capital Partners' CEO Rob Lucas warned that artificial intelligence will be profoundly disruptive but ultimately beneficial for companies that move quickly to adopt it. Speaking at the SuperReturn International conference in Berlin, Lucas highlighted the need for decisive action across portfolio companies while acknowledging significant upfront…
Super Micro Computer rallied 7.6% in pre-market trading after plunging about 28% in the prior session when the company disclosed plans to raise roughly $7 billion to procure components needed to fulfill an approximately $39 billion backlog of AI server orders. The rebound is supported by a technical support zone and recent strong quarterly results,…
Intel shares jumped in pre-market trading after BofA Securities moved its rating from Underperform to Buy and raised its price target, citing the company’s positioning in wafer fabrication and advanced packaging. The upgrade, combined with recent foundry-related customer reports and ancillary analyst support, outweighed a wider pullback in major U.…
Kepler Cheuvreux has resumed coverage of Johnson Matthey with a 'buy' recommendation and a 2,450p price target. The broker highlights the company's strong position in the gasoline-hybrid market, its planned acquisition of Cormetech to expand stationary emissions control reach including data centres, and provides a multi-year forecast for earnings, …
Navan stock jumped sharply in pre-market trading after the company reported first-quarter fiscal 2027 results that beat consensus on every major metric. The report featured a larger-than-expected non-GAAP EPS, revenue that exceeded Street estimates, record Gross Booking Volume and a return to positive free cash flow. Management raised full-year rev…
India's benchmark indices ended lower on Thursday as declines in IT, capital goods and power shares pressured the market. The Nifty 50 fell 0.23% while the BSE Sensex eased 0.20%, led by losses in Infosys, HCL Technologies and Adani Ports even as Mahindra & Mahindra and private banks outperformed. Commodity and currency moves included drops in gold…
Oracle's stock tumbled 7.0% in pre-market trading after its Q4 FY2026 results, as investors reacted to an aggressive data-center expansion plan. The company reported a record $19.2 billion in quarterly revenue and adjusted EPS of $2.11, yet full-year capital expenditures jumped 162% to $55.7 billion, producing negative free cash flow of $23.7 billi…
Senator Elizabeth Warren has proposed legislation that would require financial institutions to disclose their credit and equity exposures to companies involved in artificial intelligence, directing the Office of Financial Research to collect the data and the Financial Stability Oversight Council to publish an assessment and recommendations to Congr…
Deutsche Telekom stock dropped after reports that CEO Tim Höttges is actively pursuing a merger between the German parent and majority-owned U.S. unit T-Mobile US. The proposed structure would create a new holding company and list it on both U.S. and European exchanges. Investors reacted to the renewed certainty of an uncertain deal that faces shar…
Intel stock rose roughly 5% in premarket trading after Bank of America upgraded the shares from Underperform to Buy and lifted its price target to $135 from $96. BofA's revision reflects higher projected earnings power by 2030, increased visibility into server CPU demand and an expanding external foundry pipeline, while also noting low institutiona…
Pharmsource LLC, a drug wholesaler based in Brunswick, Georgia, says it was unaware that certain continuous glucose monitoring sensors it acquired from licensed distributors had been marked for destruction. The statement follows a warning from the sensor manufacturer that two lots of G7 sensors were stolen during a device destruction process and la…
Ahead of the World Cup kickoff, anticipated inbound travel gains for U.S. hotels and airlines have not appeared. High ticket prices, visa requirements and the complexity of attending matches across multiple host cities have deterred international visitors, leaving hotels to cut rates and airlines to see weaker bookings than expected. Short-term ren…
Circle Internet Group Inc. stock gained momentum in pre-market trading, climbing 2.9% to $81.24 after multiple analysts raised price targets over the prior days. The upgrades, publication of the company's Annual General Meeting transcript and confirmation of an expanded MassPay integration with Circle Payments Network provided company-specific cata…
China Resources New Energy, the renewable energy subsidiary of China Resources Power, has filed to raise about 24.5 billion yuan via an initial public offering in Shenzhen. The company will offer approximately 2.1 billion shares, with half allocated to strategic investors and the rest split between institutions and retail at a 70%-30% ratio. Procee…
Anthropic and OpenAI have moved from scientific competition into a high-stakes financial duel, racing to complete initial public offerings that could set valuation norms and corporate narratives for frontier AI. The rivalry traces back to late 2020 departures and accelerated in late 2022 when OpenAI fast-tracked ChatGPT after learning Anthropic was…
Barclays initiated coverage of Trustpilot with an "overweight" rating and a 350 pence price target, citing underestimated growth in key markets such as Germany, strong network effects and clear benefits from AI. The broker's forecasts project revenue and adjusted EBITDA growth through 2028, margin expansion, and improving free cash flow yields. Bar…
SpaceX is positioning itself for what would be the largest IPO ever, seeking a $1.75 trillion valuation while balancing rapid top-line growth driven by Starlink against heavy losses tied to AI investment and expansion. Key metrics on users, launch cadence, rocket payloads and valuation multiples illuminate where the company’s promises and financial…
