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.
30,178 total articles
Kaiser Aluminum climbed sharply in morning trading after UBS raised its rating to Buy and nudged the price target to $184, citing robust second-quarter 2026 results that produced roughly $41 million of incremental EBITDA and bolstered confidence in management's full-year guidance of about 50% EBITDA growth.
NeoVolta Inc.'s majority-owned unit, NeoVolta Power, has reached a multi-year supply and manufacturing collaboration with SK On that guarantees 9 GWh of U.S.-made lithium iron phosphate cells from 2027-2031 and establishes a framework for a further 9 GWh of supply tied to reciprocal purchases of NeoVolta Power-manufactured energy storage packs. The…
A cluster of high-profile technology IPOs is coming into view. Anthropic and OpenAI sit at the top of the pipeline, each commanding valuations in the hundreds of billions and the potential to raise historic sums. Closer-term listings such as SoftBank’s SB Energy and several recent debuts provide more immediate avenues for investors seeking AI and i…
Deere & Company shares rose 2.6% on Monday after Baird upgraded the stock from Neutral to Outperform and lifted its price target to $800 from $640. Baird analyst Mircea Dobre cited Deere's strong exposure to North America row crop demand, early order program improvements in planters and sprayers, and the company's execution. Baird projects earnings…
Shares of Babcock & Wilcox Enterprises (NYSE: BW) climbed 6.4% in premarket trading after Needham initiated coverage with a Buy rating and a $20 price target. The firm pointed to an improved balance sheet, a $2.4 billion FastPower award with Base Electron that raised backlog to about $2.6 billion, and the prospect of further project notices as reas…
OpenAI announced that its advertising operation has attained a $1 billion annualized revenue run rate about 200 days after launch. The ad push bolsters the company's existing income from enterprise services, consumer subscriptions and usage-based APIs as it prepares for a public offering and faces investor scrutiny over its $852 billion valuation.
Bernstein analysts estimate that constructing a standalone terrestrial network to support SpaceX’s direct-to-device mobile service could run between $50 billion and $130 billion when spectrum is included. The firm modeled multiple network designs and concluded costs and required macro site counts vary widely based on network ambition and whether Sp…
A round-up of significant insider transactions filed for Friday, August 28, 2026, shows a mix of concentrated purchases by company directors and executives at smaller-cap stocks and large block sales by major holders in higher‑valued names. The activity spans communications, biotechnology, medical devices, mining, oil, fitness, drug discovery and c…
NVIDIA's deeper collaboration with MediaTek - including a $3.5 billion investment and the NVLink Fusion platform - establishes a higher integration benchmark for custom AI accelerators. Broadcom and Marvell remain pivotal suppliers for hyperscalers, but must respond to faster innovation cycles and potential margin pressure as hyperscalers pursue di…
Nvidia and MediaTek have broadened their collaboration to accelerate AI computing across cloud infrastructure, local computing and automotive segments. MediaTek will adopt Nvidia's NVLink Fusion platform to enable customers to create custom XPUs that integrate into Nvidia NVLink-connected, rack-scale AI environments. As part of the agreement, Nvidi…
Sempra Energy stock opened lower after Mizuho downgraded the company and slashed its price target, citing the California legislature's inability to enact wildfire liability reforms that would shield utilities from large financial exposure. A second firm trimmed its target, while peers with California exposure also fell, reflecting a broader sector …
Strategy Inc. has returned to accumulating Bitcoin, acquiring 4,603 coins between August 24 and 30 for $369.7 million. The purchases, funded by at-the-market equity sales, were signaled publicly by Executive Chairman Michael Saylor and confirmed in an SEC 8-K. The company now holds 845,050 BTC at a blended cost basis of $75,412 per coin.
Aon shares declined in pre-market trade after the company disclosed a definitive agreement to acquire USI Insurance Services from KKR for $17.0 billion in cash. Investors focused on Aon’s plan to fund the entire purchase with new debt, the suspension of near-term share repurchases, and the deal’s roughly 14.5x synergized trailing 12-month adjusted …
Aon said it will acquire USI Insurance Services from private-equity firm KKR for roughly $17 billion including debt, a move that weighed on Aon shares in Monday premarket trading. USI generates about $3 billion in annual revenue and was previously bought by KKR and partners in 2017 for $4.3 billion. Aon said the purchase should bolster its service …
Germany’s largest industrial union, IG Metall, has warned of maximal opposition if Volkswagen’s supervisory board seeks to undo a restructuring agreement struck less than two years ago. The dispute between management and unions — which has intensified since July — centers on rival proposals that could lead to plant shutdowns, carve-outs and up to 5…
DA Davidson reports that Nvidia has acquired Hugging Face, an open-source AI model repository and tooling platform. The move is being characterized as a defensive effort to safeguard the open-source AI ecosystem in the United States and to prevent large AI labs or Google from consolidating control over the platform.
Adobe said it will extend its collaboration with Saudi Arabia’s Ministry of Communications and Information Technology and government-backed AI firm Humain to offer one year of no-cost access to key AI tools for more than 27 million eligible Saudi citizens and residents. The program includes a Saudi-focused image generation model developed jointly w…
Science Applications International Corp. (SAIC) rallied sharply in pre-market trading after reporting second-quarter fiscal 2027 results that outperformed analyst expectations on both earnings and revenue. The Reston, Virginia-based government technology integrator not only posted an adjusted diluted EPS and revenue beat, but also raised its FY2027…
Meta Platforms shares are trading higher in pre-market action after a Bank of America reiteration and fresh Bernstein forecasts highlighted the company’s potential AI-driven monetization. Reports that Meta plans to deploy a consumer AI agent, codenamed "Hatch," within Instagram and WhatsApp as soon as the first week of September, along with plans f…
U.S. equity futures opened lower on Monday after new U.S. military strikes on Iranian targets in the Persian Gulf lifted crude prices and after a Fed-related shift toward tighter rate expectations following Federal Reserve Chair Kevin Warsh's Jackson Hole address. Against that backdrop, a handful of companies registered notable premarket swings: Te…
GameStop said it now expects preliminary second-quarter net sales of $780 million to $800 million, down from $972.2 million a year earlier, as planned store closures and the sale of its France operations reduce revenue. The company projects higher quarterly net income driven largely by about $238 million of net gains tied to its eBay derivative ass…
BioMarin Pharmaceutical shares climbed after the company and Ascendis Pharma reached a global settlement ending patent disputes tied to Ascendis’s Yuviwel drug. The accord sets royalty rates for multiple regions, grants licenses covering current and future indications, and settles litigation across several countries as well as a pending Section 337…
Shares of Edison International fell sharply in pre-market trade following a Mizuho downgrade and a deepening concern that California did not secure meaningful wildfire liability reform before the legislative deadline. The legislature passed SB 492 on the final day, but the measure stopped short of providing a replenishment mechanism for the state w…
PG&E Corp. stock plunged in pre-market trading after California lawmakers approved SB 492 on August 29, a bill that did not enact the sweeping wildfire liability changes utilities sought. Governor Gavin Newsom's proposal to end insurer subrogation was formally rejected, leaving insurers able to pursue utilities for wildfire losses and exposing PG&E…
Aon has agreed to buy USI Insurance Services from private equity firm KKR for $17 billion, a move the broker says will establish a leading U.S. middle-market platform and expand its presence in excess and surplus insurance. The transaction, advised by major banks on both sides, is expected to close in the fourth quarter of 2026 and to contribute to…
