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.
30,213 total articles
Saudi Arabia's benchmark closed modestly higher, led by advances in the Insurance, Energy & Utilities and Telecoms & IT sectors. The Tadawul All Share gained 0.41% on the session, with several mid-cap and sector-specific names posting strong percentage gains while some large-cap counters declined. Oil prices moved up and the dollar slipped marginal…
Aker BP and TotalEnergies have increased their ownership stakes in Norway's Johan Sverdrup oilfield following an independent review requested in 2025. The review recalculated shares using updated technical and production information, reallocating historic production volumes and providing Aker BP with an additional 2.2 million barrels of oil equival…
Latam Airlines’ Brazilian division will cut planned capacity for July by roughly 3% from earlier schedules because of higher fuel expenses, CEO Jerome Cadier said. The carrier implemented a similar reduction in June and indicated the adjustments are likely to extend into the third quarter, even as it maintains year-over-year growth versus 2025 and …
Artiva Biotherapeutics shares jumped in premarket trading after the company announced its AlloNK therapy, used alongside rituximab for refractory rheumatoid arthritis, received Regenerative Medicine Advanced Therapy (RMAT) designation from the U.S. Food and Drug Administration. The designation opens access to accelerated development and review path…
Corning shares rose 10% on Monday after Amazon announced a multiyear, multibillion-dollar agreement for optical fiber, cable and connectivity products to support the expansion of its U.S. data center network. The deal includes plans that will create 1,000 manufacturing jobs in North Carolina, fund construction work tied to facility expansion, and b…
Eledon Pharmaceuticals' stock rose sharply in premarket trading after investigators reported that every participant in a 12-patient type 1 diabetes islet transplantation study achieved insulin independence. The trial evaluated tegoprubart as part of a calcineurin inhibitor-free immunosuppression approach and showed sustained graft function, meaning…
Lyell Immunopharma's stock ticked up in premarket trading after the company amended its LYL273 colorectal cancer trial after a marked reduction in gastrointestinal side effects with prophylaxis. The Phase 1 study has been renamed CARABINER and expanded to include additional cohorts, with plans for up to 60 patients and potential progression into a …
ProPicks AI’s June investor letter explains a pronounced market rotation: investors are moving away from consumer-facing AI winners and concentrating capital into companies supplying the underlying infrastructure - connectivity, power, custom silicon, and optical networking. The AI model initiated new positions in Marvell Technology (MRVL) and Alle…
India recorded a current account surplus of $7.1 billion in the January-March quarter of fiscal 2025/26, equivalent to 0.7% of GDP, driven by strong services receipts and increased worker remittances. Despite the fourth-quarter surplus and a quarterly balance of payments surplus of $7.2 billion, the country finished the full fiscal year with a curr…
Tonix Pharmaceuticals saw premarket stock gains after it announced a second agreement with a large group purchasing organization that extends commercial coverage for its fibromyalgia therapy TONMYA to about 17 million more U.S. lives. The new deal, effective June 1, 2026, increases the drug's commercial coverage to roughly 52 million people, while …
Johnson & Johnson will purchase biotech Firefly Bio for $1 billion in cash to strengthen its cancer drug development efforts. Firefly’s Firelink platform uses antibodies to ferry a protein-degrading therapeutic into cancer cells and is being developed for tumors bearing KRAS mutations. J&J said the acquisition enhances its pipeline targeting preval…
Shares of Shattuck Labs (STTK) rose 17% Monday after the company reported positive Phase 1 clinical trial results for SL-325, a DR3-blocking antibody. The trial, which enrolled 72 healthy volunteers across dose cohorts from 0.1 mg/kg to 30.0 mg/kg, showed low immunogenicity with 3.7% of participants developing antidrug antibodies, complete DR3 occu…
Ciena Corp. shares ticked up 0.4% in pre-open trading after the company unveiled a $2.0 billion convertible senior notes offering due 2031. Proceeds are designated to repay about $1.14 billion of term loan debt, finance up to $140 million of share repurchases, and cover hedge transactions. The capital raise follows a robust fiscal Q2 2026 performan…
U.S. equities fell sharply on Friday, led by a rout in semiconductor and technology shares after stronger-than-expected May jobs data sent Treasury yields higher. The Nasdaq posted its steepest one-day decline since the tariff-driven volatility of early 2025, while the S&P 500 snapped a nine-week win streak. Investors now shift focus to upcoming in…
HawkEye 360 shares rose 5.6% in premarket trading after the company disclosed it has secured over $100 million in new international contract awards and contract option value so far this year. The awards, which include immediate bookings, multi-year agreements and option values, cover eight international customers and programs within defense, intell…
Shares of SUNation Energy (NASDAQ: SUNE) spiked 165% in premarket trading after the company and Suniva agreed to a definitive reverse merger. Under the deal, Suniva will merge into a wholly-owned SUNation subsidiary, with the merged entity keeping SUNation's Nasdaq listing but operating under the Suniva name. Pre-merger SUNation shareholders are ex…
Shares of Voestalpine fell after two major brokerages signalled that the stock’s recent rebound has largely been priced in. UBS downgraded the stock to neutral from buy while raising its 12-month price target; Morgan Stanley moved to equal-weight from overweight. The broker actions, a cut to UBS’s free cash flow forecast for fiscal 2026/27 and wide…
TF International Securities warns that Apple’s prevailing bull narrative - that the company will catch up to and surpass competitors in artificial intelligence - faces a pivotal examination at WWDC26. Analyst Ming-Chi Kuo’s supply-chain checks point to continued business momentum through the end of 2026, but he says the event will reveal whether Ap…
U.S. equity futures rose in early trading after media reports that Iran had ceased military operations against Israel, easing recent market anxiety. Semiconductor names such as Broadcom, Micron and Nvidia were up in the premarket, oil producers moved higher amid elevated crude prices, and several healthcare and consumer stocks posted gains. Homebui…
Britain's Financial Conduct Authority has moderated proposed rules that would force money market funds to increase their holdings of highly liquid assets. Following responses to a consultation, the FCA kept existing minimum weekly liquidity requirements in place but issued a 'strong supervisory expectation' that stable net asset value funds hold 40…
PMGC Holdings Inc. (NASDAQ:ELAB) saw its shares rise 6.5% in premarket trading after NorthStrive Defense Tech, a subsidiary, signed a binding term sheet granting exclusive, worldwide, sublicensable commercial rights to U.S. Patent No. 12,291,334 for multi-domain cable-suspended drone technology. The agreement also establishes a 12-month sponsored r…
Strategy Inc. (NASDAQ: MSTR) disclosed in a recent SEC filing that it sold 1,409,600 Class A shares between June 1 and June 7, 2026, raising $181 million in net proceeds which were used to buy 1,550 Bitcoin at an average price of $65,332 per coin. The transaction follows a minor liquidation of 32 Bitcoins for $2.5 million at the end of May that had…
American Battery Technology Group saw its stock spike in pre-market trading after the U.S. Department of Energy reversed a prior termination and fully reinstated a $115 million competitive grant to support Phase 1 construction of a commercial-scale lithium refinery at the Tonopah Flats Lithium Project. The DOE restored the award with no changes to …
Remy Cointreau shares rose after UBS upgraded the stock to neutral from sell and sharply raised its 12-month price target to €44 from €35, citing heightened confidence in the group's RC Forward three-year transformation. The plan, unveiled with fiscal 2026 results, targets about €100 million of additional operating profit by 2028-29 versus 2025-26 …
Campbell Soup Co. shares climbed 2.4% in pre-market trading after the company reported fiscal third-quarter 2026 adjusted earnings of $0.50 per share and net sales of about $2.37 billion, both slightly ahead of analyst forecasts. Management reaffirmed its full-year fiscal 2026 outlook, and the combination of a bottom-line beat and maintained guidan…
