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.
30,218 total articles
Morgan Stanley projects that SpaceX may generate $3.4 trillion in revenue by 2040, driven largely by the companys AI operations. The bank also expects roughly $190 billion in AI revenue by 2030 and total revenue of about $330 billion that year. The forecasts come as SpaceX begins investor meetings for an IPO that targets $75 billion in proceeds.
Bank of America has cut its forecast for India’s fiscal 2027 GDP growth to 6.5% from 7.0%, citing the ongoing West Asia conflict and its effects on oil and trade. The note follows stronger-than-expected GDP prints for fiscal 2026 but highlights softer manufacturing output, slower export growth and subdued nominal GDP expansion. The firm also brough…
Allianz SE has submitted an offer and is in advanced negotiations to acquire Lisbon-based non-life insurer Caravela Seguros, Bloomberg reported, citing people familiar with the matter. The potential deal would add a company with a roughly 2.6% share of Portugal's non-life market to Allianz's local portfolio. Toscafund, which owns a 48% stake, has e…
Point72 Asset Management has recruited alpha-capture specialist Ricky Nardis to help evaluate and potentially build a program that gathers trading insights from other hedge funds. The initiative is in an exploratory phase, and the firm’s plans may change. Similar efforts are being prepared at Citadel, and the approach builds on a model pioneered by…
TeraWulf is actively pursuing access to the leveraged loan market as it scales AI and high-performance computing infrastructure, following a $3.2 billion high-yield bond sale. The company's CFO said it is collaborating with Morgan Stanley and other banks to design loan offerings, while expecting its next financing to probably be another high-yield …
William Blair says Blue Origin’s anticipated resumption of launches this year offers upside to AST SpaceMobile and Karman after the New Glenn launchpad explosion. Company executives and analysts outlined expectations at William Blair’s 46th Annual Growth Stock Conference, where both AST SpaceMobile and Karman reiterated operational targets and reve…
Sika, the Swiss construction chemicals maker, is reshaping its China operations to capture renovation projects in saturated megacities and is pursuing share gains in U.S. roads and bridges. CEO Thomas Hasler told Finanz und Wirtschaft that automotive demand in China remains steady despite subsidy pullbacks and that data centers are a clear growth a…
Baird has labeled Coinbase Global as a Bearish Fresh Pick, forecasting a Q2 revenue shortfall driven by plunging trading volumes and warning that the stock's lofty valuation could face a sharp contraction. The firm also cited a likely delay to the CLARITY Act before the November midterms and raised concerns about competitive pressure from banks and…
U.S. stock futures moved unevenly Friday morning as geopolitical tensions in the Middle East and a cooling artificial intelligence trade weighed on sentiment ahead of the latest U.S. jobs report. Among individual names, DocuSign and Lululemon slid in premarket trading, while Merlin, Cooper Companies and Chipotle attracted buying interest.
Morgan Stanley projects that SpaceX could generate $3.4 trillion in revenue by 2040, driven largely by rapid expansion of its artificial intelligence business. The firm also models significant near-term growth, forecasting about $190 billion in AI revenue and roughly $330 billion in total revenue by 2030. SpaceX has begun investor meetings as it pu…
Premier Li Qiang told a State Council executive meeting that the Chinese government will promote the formation of more startups, specialized companies and unicorns within designated strategic industries. The measures described include expanded employment support, a push for flexible employment arrangements, channelling more foreign capital into adv…
Bank of America reports that fixed income funds experienced their strongest weekly inflows in six years, reaching levels not observed since June 2020. The buying was broad-based across investment-grade, high-yield, government, loan, emerging market and money-market strategies, extending a multi-week trend of investor preference for debt instruments…
Sika AG is modifying its China strategy to capture renovation demand in saturated urban centres while pursuing expansion in U.S. infrastructure projects and data centre construction globally, CEO Thomas Hasler told Finanz und Wirtschaft. The company has fragmented its Chinese operations and broadened its focus from new-builds to include refurbishme…
Bernstein says AstraZeneca’s non-oncology division could drive the majority of the company’s midterm growth, estimating higher revenues than consensus and highlighting large gaps between its own forecasts and market expectations for several late-stage and approved products. The broker retains an outperform rating and a price target implying roughly…
Guidewire Software's stock tumbled in pre-market trading after the company reported fiscal third-quarter results that beat revenue and adjusted EPS estimates but delivered annual recurring revenue (ARR) at the midpoint of guidance. The ARR outcome, and the decision not to raise full-year ARR guidance, triggered analyst target reductions and highlig…
Airbus is falling behind schedule on deliveries of the A321XLR to InterGlobe Aviation Ltd.'s IndiGo, with the carrier unlikely to take all nine jets slated for this year. Two XLRs have been delivered and are flying to Athens and Istanbul, while several other units have had their timelines deferred by several months amid supply-chain disruption link…
Micron Technology shares fell in pre-market trading as investors reacted to a cautious tone on AI spending from Broadcom, despite bullish analyst moves and confirmation that Micron received HBM4 sample certification for a major AI platform. Sector-specific selling pressured memory peers in Asia and left Micron’s stock lower ahead of its upcoming ea…
Azorra has placed a firm order for 15 Embraer E195-E2 jets and holds purchase rights for 15 more, representing the third time it has expanded its original E2 commitment from December 2021. The new firm order raises Azorra's confirmed E2 purchases to 54 and moves Embraer's E2 program past the 500-order threshold. More than 200 E2 aircraft are in ser…
Arm Holdings ADR slid sharply in pre-open trading following Broadcom's earnings shortfall, with the stock dipping to $367.52 before recovering to $372.82 from a prior-session reference of $393.44. Concurrent weakness in SoftBank shares, disclosed insider sales and a high price-to-earnings multiple left Arm especially vulnerable to the sector sell-o…
Shares of Unity Software and AppLovin rose sharply after Edgewater Research upgraded both stocks to Outperform. Analyst Joe Wittine pointed to a clear industry move toward ad-supported and hybrid monetization, boosted by generative AI-driven game creation and notable customer wins that validate ad demand absorption across gaming supply.
Citi, after consulting IDC analysts, says the central focus at Apple’s Worldwide Developers Conference will be how a redesigned Siri is woven across Apple’s platforms and whether the company enables autonomous, multi-step agent workflows. Investors should monitor new developer tools and APIs for AI-native apps, while Citi and IDC caution that WWDC …
Manchester United is exploring a private-placement refinancing to address $425 million of debt due next year, engaging banks in early-stage discussions. Institutional interest could push the new issuance to as much as $500 million, offering the club additional liquidity while some members of the Glazer family consider selling stakes.
U.S. equity funds recorded their largest weekly net inflow in three weeks as optimism around technology earnings helped extend gains in AI-linked stocks. According to LSEG Lipper data for the week to June 3, investors made a net purchase of $7.43 billion of U.S. equity funds, while bond funds and money market funds also saw sizable inflows.
Bernstein forecasts meaningful earnings-per-share gains for Apple driven by faster device replacement and paid tiers of Apple Intelligence, and outlines how transaction fees from third-party partnerships could become a major revenue stream. The firm expects Apple to highlight those AI advances and data-security positioning at WWDC 2026, running Jun…
TD Cowen has upgraded its estimate for global sales of GLP-1 therapies to $150 billion by 2030, up from $139 billion, and now anticipates about 59 million patients receiving treatment by that year. The firm expects oral weight-loss formulations to secure a larger slice of the market and projects continued dominance by Eli Lilly and Novo Nordisk.
