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.
30,211 total articles
Ares Management has secured $8.5 billion from institutional investors for its latest closed-end specialty credit fund, the third vehicle in its Pathfinder series. The total includes $4 billion in recommitted capital from investors in a prior Ares fund who agreed to extend their holdings for two more years. The fundraising comes amid softer flows in…
Truist retained Buy recommendations on Packaging Corporation of America (PKG) and Sonoco Products (SON), naming both firms as its best ideas. The call rests on pricing power, integration synergies and productivity improvements that Truist expects will counteract higher input costs. Key drivers include Packaging Corporation's acquisition of the GEF …
BCA Research told investors that the primary threat to AI-related investments stems from political reaction rather than technological shortcomings. The firm highlighted rising global political opposition, potential regulatory and tax measures, deteriorating U.S. public sentiment, and the risk that AI could be targeted in the wake of an unrelated cr…
Citi’s Quant Team finds Ecovyst (ECVT), RPM International (RPM) and Linde (LIN) are the most heavily long-held names in its chemicals universe, based on a composite that combines five positioning and valuation metrics. While polyethylene producers Dow (DOW) and Westlake (WLK) saw buying interest this week amid falling short interest and improved se…
Volvo AB says it expects autonomous-transport revenue to approach $3 billion within five years, as it prepares to begin driverless truck operations on US highways in early 2027 with an initial fleet exceeding 300 vehicles by year-end. Company leaders highlighted expected productivity gains, demand trends across regions, and near-term cost pressures…
India's equity markets finished mixed on Wednesday with the Nifty 50 slipping 0.12% at the NSE while the BSE Sensex 30 ticked up 0.09%. Gains in Carbon, Green Energy and Banking stocks contrasted with losses in Metals, Oil & Gas and Real Estate, leaving market breadth tilted toward decliners and volatility measures slightly higher.
Deutsche Bank upgraded easyJet from sell to hold and increased its target price to 540p from 340p. The bank pointed to Castlelake L.P.’s existing commercial ties with the airline - a lease of four A320neo jets and a 2.14% equity stake - and referenced the investor’s prior aviation asset activity in 2023. Deutsche Bank cautioned that any transaction…
A senior BNP Paribas equity capital markets executive said that planned mega initial public offerings by major U.S. private technology firms are likely to generate greater demand for stock sales in Europe’s technology sector. He argued that the wave of U.S. listings is producing cross-border investor interest and stressed the need for expanded rese…
A consortium of U.S. investment firms led by KKR and Energy Capital Partners has advanced a revised bid for Ireland-based energy distributor DCC that values the company at more than £5 billion, Sky News reported on Wednesday. The approach follows DCC's rejection of an earlier offer in late April. Under UK takeover rules the consortium faces a firm …
Xpeng Inc chief executive He Xiaopeng has taken immediate leadership of the automaker's robotics division, citing fierce competition and the need for decisive execution as the firm prepares to begin mass production of its IRON humanoid robots by the end of 2026. The announcement follows the departure of a senior robotics executive and comes as Xpen…
Telenor has agreed to acquire fibre operator Enivest for 2.5 billion Norwegian crowns ($263.55 million), expanding its broadband footprint in western Norway. The purchase transfers Enivest’s network and about 28,000 customers to Telenor and includes a 34% stake in Årdalsnett, which serves roughly 3,000 users. Enivest reported 2025 revenues near 290…
HSBC reduced its price target on Li Auto and kept a Hold rating, pointing to a tougher competitive environment and a dimmer near-term profit outlook as the automaker rolls out refreshed models. The bank also shifted its 2026 earnings view from profit to loss and lowered its earnings forecasts relative to Bloomberg consensus for 2026-28. Despite sol…
ERock raised $600 million in its U.S. initial public offering by selling roughly 27.9 million shares at $21.50 apiece, the midpoint of its marketed range. The Houston company will begin trading on the New York Stock Exchange under the ticker EROC and plans to expand assembly capacity to about 1.2 GW by the end of 2026 through development of a Houst…
Bill Gates is scheduled to give a private, transcribed interview to the House Oversight and Government Reform Committee as lawmakers probe the Justice Department's handling of the investigations and prosecutions tied to Jeffrey Epstein and his associate Ghislaine Maxwell. Documents released by the Justice Department that show repeated post-2008 mee…
Heidelberger Druckmaschinen shares climbed 4.3% to €1.415 after the company released delayed audited accounts showing net profit tripling and management presenting a credible cost-cutting plan. Despite the headline improvements in profit and operating metrics, the underlying cash position weakened sharply, incoming orders and backlog contracted, an…
Eli Lilly reinforced its frontrunner position in the expanding obesity treatment market after releasing detailed trial data for its once-weekly injection retatrutide, which investors and clinicians view as likely to deliver the largest weight losses among current and pipeline therapies. A raft of presentations at a major diabetes meeting from Roche…
SpaceX’s fast build-out at Starbase in South Texas has generated new employment, tourism dollars and a distinct company town culture, but the same activity is producing residential damage claims, legal action, safety scrutiny and community tensions. As the company prepares to scale Starship operations following a record IPO, local leaders and resid…
VAT Group AG shares rose 1.7% after UBS raised its price target to CHF 745 from CHF 650 and kept a Buy rating. The upgrade reinforced investor confidence as VAT reported a 47% year-over-year jump in orders and reiterated full-year guidance for higher sales, EBITDA and margins, with a stronger second half expected. Broader market weakness in major U…
Solvay SA shares advanced after Deutsche Bank upgraded the stock and lifted its price target, citing undervalued rare earth processing potential. The move followed a non-binding letter of intent to secure Brazilian rare earth feedstocks for Solvay’s La Rochelle separation facility, while the bank continued to flag operational risks including weak s…
Solvay SA shares rose just over 2% after Deutsche Bank elevated its rating on the Belgian chemicals group from Sell to Hold and raised its price target to €26. The bank highlighted Solvay’s exposure to rare-earths as a material, under-recognised source of earnings potential, while retaining concerns about the company’s ongoing operational pressures…
Fielmann AG jumped more than 6% on news that Deutsche Bank initiated coverage with a Buy rating and a €63 price target. The bank highlighted Fielmann's scale, vertically integrated model and strong customer satisfaction, and pointed to the company's Vision 2025 gains as a platform for broader international growth.
Shares of VAT Group AG climbed after UBS raised its price target and lifted EPS and sales forecasts, citing a sharply stronger wafer fab equipment (WFE) capital spending outlook and notable upside risk to consensus earnings estimates over the coming years. UBS kept its Buy rating and highlighted that VAT's dominant market position and constrained s…
Tekfen Holding shares fell after Can Kultur, which owns 42.8% of the company, announced it has begun discussions with Oyak about selling and transferring all of its Tekfen shares. The news sent the stock lower intraday, with a partial rebound leaving the session down 3.8% after an earlier drop of as much as 6.8%. Separately, Tekfen reported a first…
HBM Holdings Ltd shares climbed after China’s National Medical Products Administration accepted the Investigational New Drug application for HBM7004, a B7H4xCD3 bispecific antibody for advanced solid tumors developed on the company’s HBICE® platform. The regulatory step in China follows a U.S. FDA IND clearance announced in early May 2026 and coinc…
ERock, a Houston company that supplies natural gas generators to data centers, utilities and industrial customers, completed a U.S. initial public offering that raised $600 million. The company sold roughly 27.9 million shares at $21.50 apiece, the midpoint of its indicated range, and will begin trading on the New York Stock Exchange under the tick…
