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.
28,465 total articles
Morgan Stanley’s Capital Goods Momentum Index (CAPMI) rose 5 points month-over-month to 58 in July, reflecting expansion across the bank’s tracked regions. The US and Europe each gained 5 points, Asia-Pacific added 3 points, and the Global component recorded the largest increase at 7 points. Sector drivers included General Industrial, Automotive, O…
Citizens downgraded eBay from Market Outperform to Market Perform, citing a more balanced risk-reward as eBay increases investment behind Depop at the same time rival Vinted accelerates U.S. expansion. The brokerage warned that higher marketing costs to grow Depop may pressure profitability and are not fully captured in consensus forecasts.
BTIG analysts reviewed 24-month results from the VISIONARY trial of Voyxact (sibeprenlimab) in IgA nephropathy and found sustained improvement in estimated glomerular filtration rate (eGFR) versus placebo. The data met KDIGO benchmarks for slowing kidney decline. Otsuka has begun a rolling supplemental BLA and reported early commercial revenues and…
Goldman Sachs kept buy recommendations on Samsung Electronics and SK Hynix despite recent steep share price drops, saying current valuations imply investors doubt the durability of earnings. The bank outlined several drivers behind the sell-off and addressed eight investor questions on key memory themes including pricing, inventory, China supply an…
A divided U.S. Court of Appeals in Washington, D.C. ruled that the Environmental Protection Agency may not freeze about $20 billion in clean energy grants made to nonprofit and state-sponsored entities, reinstating an April 2025 injunction that blocks EPA Administrator Lee Zeldin from terminating the awards. The funds trace to the Greenhouse Gas Re…
Thryv Holdings reported a much larger-than-expected adjusted loss and revenue shortfall for second-quarter 2026, triggering a steep intraday sell-off. A slowdown in SaaS growth and a downward revision to full-year SaaS guidance, combined with a restructuring announcement, intensified investor concerns even as the company unveiled a partnership with…
Jefferies downgraded Cigna from Buy to Hold and trimmed its price target to $307 from $336, arguing that several growing earnings risks and a paucity of near-term catalysts justify a more cautious stance despite a depressed valuation. The firm reduced its 2027 earnings estimate to $32.77 per share, about 1% below consensus, and highlighted potentia…
Chipotle Mexican Grill shares plunged after Minnesota health officials linked a salmonella outbreak affecting 110 people to jalapeños served at the chain’s restaurants in the state. The company removed the suspect jalapeños from impacted stores and is cooperating with investigators. The news erased part of a recent post-earnings rally and came amid…
Chipotle Mexican Grill said it removed jalapenos from certain restaurants and replaced them with product from different growers after tracing a potential link between a common lot of peppers and a salmonella outbreak. The company is cooperating with public health investigators as Minnesota reports 110 people sickened; Chipotle shares fell around 7%…
Microsoft, Meta, Oracle, Amazon and Alphabet have disclosed roughly $1.09 trillion in future lease payments for facilities that have not yet become operational. Most of the commitments are for data centres intended to support accelerating artificial intelligence workloads. Because accounting rules generally defer recognition until assets are availa…
Unions representing easyJet France cabin crew lodged a strike notice covering August 7 to September 2, enabling strikes with 48 hours' prior warning. The unions said they remain open to negotiations and may retract the notice depending on management's response. A previously filed labor dispute was paused because of wildfires in the Gironde region.
Embraer announced that Colombia has contracted to purchase two KC-390 Millennium transport aircraft. The acquisition, signed under outgoing President Gustavo Petro’s push to modernize the military fleet, includes mission equipment, an integrated services and support package, and an offset program designed to meet Colombian regulatory requirements. …
Anthropic named Mariano-Florentino Cuéllar as its inaugural Chief Global Affairs Officer, tasking him with oversight of policy, international engagement, and government relations. Cuéllar brings experience from leadership at the Carnegie Endowment for International Peace, the California Supreme Court, and multiple senior roles at Stanford and feder…
Chipotle Mexican Grill removed jalapeños from all Minnesota locations that received the product after peppers were potentially tied to a salmonella outbreak that has sickened 110 people in the state. Minnesota health officials say the full scope of the outbreak is not yet known and that other restaurants and additional states may be involved. Chipo…
Michigan health authorities reported 11,508 confirmed cyclosporiasis cases and the state's first two deaths tied to the outbreak. The U.S. Food and Drug Administration has linked the outbreak to iceberg lettuce served at Taco Bell and supplied by Taylor Farms operations in central Mexico. The illness has spread across nine states; Michigan has reco…
The S&P 500’s largest one-day advance of 2026 occurred on March 31, when the index rose 2.91%, halting a multi-week slide. Ten standout sessions are dispersed across the calendar, including two strong days this week that together form one of the biggest consecutive rallies since April. The index is trading at its highest close of 2026 following the…
Anthropic has named Mariano-Florentino Cuéllar as its first chief global affairs officer. Cuéllar, who has served on the company’s Long-Term Benefit Trust and led the Carnegie Endowment for International Peace until July, will be based in San Francisco and report to Anthropic President Daniela Amodei. His remit includes managing ties with the U.S. …
British warehouse owner Segro has agreed to be acquired by U.S. logistics firm Prologis in a transaction valued at up to £14.3 billion ($19.19 billion). The deal follows investor pressure and comes after several earlier rebuffed offers from Prologis. The agreed terms combine Prologis shares, a cash alternative and a potential final dividend, and wo…
Abercrombie & Fitch Co. is conducting a review of its China operations, exploring options that include bringing in local partners or selling a stake in the business. The company has retained an adviser to assess the unit, which could be worth several hundred million dollars. The review is in an early phase and may not lead to a deal. Abercrombie po…
Novo Nordisk reported second-quarter adjusted operating profit that exceeded analyst forecasts and raised its outlook for full-year profit and sales. The Danish drugmaker, led by CEO Mike Doustdar since last year, is pushing a turnaround centered on the recently launched Wegovy pill while pursuing legal action against U.S. rival Eli Lilly over adve…
Europe's pan-regional STOXX 600 closed at a fresh record after technology stocks rallied and a series of corporate earnings and updates supported investor sentiment. The index rose 0.7% to 656.86 points, eclipsing the prior high from early July. Gains in semiconductors and mining contrasted with weakness in airlines, energy and select retail names …
Procter & Gamble has reached an agreement to acquire nutritional supplement maker Thorne for $3.8 billion, the company said. CEO Shailesh Jejurikar disclosed the pending deal during a CNBC appearance, saying it fits P&G's strategy to expand its beauty and wellness business through acquisitions. Thorne, founded in 1984 and taken private in 2023 by L…
Aemetis Inc.'s India subsidiary, Universal Biofuels, has secured contracts to supply roughly $17 million in biodiesel, prompting a 4.3% uptick in Aemetis shares. The deals call for delivery of more than 18 million liters of biodiesel to three government-owned Oil Marketing Companies over a three-month span and align with India's National Policy on …
Caterpillar raised its annual revenue growth outlook after reporting second-quarter results that surpassed expectations, driven by strong demand for construction machinery and power-generation equipment tied to a nationwide data center buildout. The company posted substantial order intake, a larger backlog, and an earnings beat, while trimming its …
NioCorp Developments saw its stock climb sharply after reports that Lockheed Martin is negotiating to buy critical minerals from U.S. sources. The discussions would include NioCorp supplying scandium and other firms providing germanium for military applications. The potential contracts are preliminary and face pricing and capacity challenges as the…
