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
SpaceX has directed underwriters for its planned $75 billion initial public offering to refuse investment orders originating from Hong Kong and mainland China, according to people briefed on the matter. The company also restricted access to its website from internet addresses in Hong Kong and Shanghai, and banks working on the deal pointed to U.S. …
The fate of Peru’s presidential runoff may depend on hundreds of thousands of small, artisanal gold miners who operate under the REINFO administrative regime. Created in 2016 and originally scheduled to end in 2020, REINFO has been repeatedly extended as global gold prices rose and informal mining expanded. An estimated 500,000 informal miners prod…
Kepler Cheuvreux has raised its recommendation on Vestas Wind Systems A/S from Hold to Buy, pointing to a more attractive risk-reward profile following recent share price weakness and the company's strongest order intake volumes in nearly six years. The broker's analysis highlights supportive European policy moves, stable turbine pricing, normalize…
Airbus delivered 81 aircraft to 45 customers in May and recorded 379 gross orders during the month. Through the end of May, 2026 deliveries total 262 to 68 customers. The company's order book stood at 26,272 aircraft across all models, while cumulative historical deliveries reached 17,019 aircraft. Program-level totals for key families remain uncha…
Germany's Federal Bureau of Aircraft Accident Investigation (BFU) has opened an investigation after a Boeing 787-9 operated by Lufthansa experienced a nose gear collapse at a gate at Frankfurt Airport. The incident occurred at 12:45 p.m. local time on Thursday before passengers had boarded for flight LH450 to Los Angeles. Several crew and ground st…
Underwriters for SpaceX’s planned IPO have instructed syndicate members not to accept orders from clients based in mainland China and Hong Kong, Bloomberg News reported. The move reflects regulatory limits on foreign participation in China’s space sector and followed reports that SpaceX’s website and IPO documents were inaccessible in those jurisdi…
Citi reports that its proprietary Bear Market Checklist (BMC) is signaling elevated risk across global equity markets, reaching 10 out of 18 flags - the highest reading since the global financial crisis. The U.S. registers 11.5 out of 18, Europe 5 out of 18. While Citi remains constructive on equities through year-end, the bank warns that the check…
UBS Chief Executive Sergio Ermotti told Swiss public broadcaster SRF that he hopes not to still be CEO in four years, signaling an intention to depart before 2030. His remarks, made during an interview at the Swiss Economic Forum, come as UBS continues to navigate fallout from its 2023 emergency acquisition of Credit Suisse, ongoing regulatory revi…
Indian benchmark indices finished lower on Friday with the Nifty 50 dropping 0.21% to a one-month low and the BSE Sensex sliding 0.16%. Gains were concentrated in a handful of large-cap stocks including Adani Enterprises, Hindustan Unilever and Adani Ports, while losses in Metals, Technology and Fast Moving Consumer Goods weighed on the broader mar…
Italian eyewear maker iVision Tech said its Henry Jullien label sold more than 1,000 pairs online of the Pacific S 01 sunglasses that French President Emmanuel Macron wore in January at the World Economic Forum in Davos. The company saw its shares surge roughly 65% between January 21 and January 23 after the image circulated widely, with the price …
Bank of America chief investment strategist Michael Hartnett cautions that a cluster of June events could drive 30-year sovereign yields sharply higher in the U.K., U.S., and Japan. Such a move, Hartnett argues, would threaten both bullish investor positioning and optimistic profit expectations that underpin the current equity rally.
Gazprom Neft has entered into exclusive negotiations with Hungary’s MOL over the possible sale of its stake in NIS, Serbia’s sole oil refinery operator, the company’s CEO said. A new Serbian firm, Senator, previously offered 2 billion euros for the combined Russian holdings in NIS. The asset has been subject to U.S. sanctions tied to its Russian ow…
J.P. Morgan moved Spanish airport operator Aena to a neutral rating from underweight and increased its December 2027 price target to €24.00 from €21 after the Spanish competition regulator (CNMC) published its opinion on the DORA III regulatory framework. The bank lowered its WACC assumption to 7.44% in line with the CNMC figure and said further ne…
A blockbuster initial public offering from SpaceX is set to dominate markets next week, arriving as investors confront strong equity momentum, upcoming inflation readings and quarterly reports from key technology companies. The event could draw substantial retail interest and provide another vehicle for exposure to AI-related growth, while also pro…
A Romanian Navy official suffered severe hand trauma in mid-May when a propeller on a V-BAT drone operated by U.S. defense technology firm Shield AI caught her hand during a training exercise off the Texas coast. The episode is the latest in an array of incidents and internal disputes that include more than 50 crashes of the V-BAT internal fleet ov…
U.S. equity futures retreated on Friday after gains in semiconductor stocks cooled, while investors awaited the Labor Department's May employment report that could influence expectations for the Federal Reserve's policy trajectory. Major chip-related names fell in premarket trade, and broader market moves were shaped by geopolitical developments, c…
European semiconductor equities fell sharply for a second session as investors reacted to Broadcom’s quarterly report and its decision to maintain, rather than raise, a fiscal 2027 AI revenue target. Shares of major chipmakers from ASML to STMicroelectronics moved lower after Broadcom’s mixed beat and cautious AI guidance sparked concerns about nea…
The U.S. Supreme Court issued two decisions that largely sustain regulatory authority held by the Federal Communications Commission and the Securities and Exchange Commission. The court rejected challenges to the FCC’s forfeiture process and confirmed the SEC’s broad ability to recover illegal profits through disgorgement, while reiterating the nee…
The sudden collapse of Spirit Airlines in early May left thousands of airline employees searching for new work in a sector that has limited immediate hiring capacity. Many displaced flight attendants and pilots face loss of seniority, lower pay and long waits for training and placement. Major carriers have expressed willingness to hire but say recr…
JPMorgan upgraded Tesla from Underweight to Neutral and set a December 2027 price target of $475, up from $145. The bank cited Tesla’s deep vertical integration and potential in autonomous mobility, humanoid robotics and energy storage as underappreciated by investors. JPMorgan projected substantial revenue and earnings growth by 2030 driven largel…
UBS has initiated coverage of Sweden's Munters Group AB with a buy rating and a 12-month price target of SKr245. The broker expects earnings to roughly double from 2026 to 2028, driven by the Data Centre Technologies (DCT) division, and models above-consensus organic sales growth and margin expansion. Key assumptions include a high book-to-bill and…
Bank of America says auto collision repair volumes are still subdued, with Quality Collision reporting a 12-14% sales decline in April and May as insurance claims fall. Former Quality Collision COO Matt Robbins highlighted rising average repair severity, nearly one-quarter of claims deemed total losses, limited near-term impact from ADAS and suppli…
Lululemon Athletica Inc. suffered a sharp premarket decline after issuing disappointing quarterly and full-year profit forecasts. The stock fell 12% in early trading, threatening more than $1.7 billion in market value from a $14.44 billion capitalization if the losses hold. Investors flagged slowing U.S. demand, intensifying competition and tariff-…
Evercore's latest research shows U.S. fast-food same-store sales turned negative in April and May after early-year gains, while casual dining posted 2% to 3% same-store growth and has broadly outperformed quick service. The firm retains a preference for Brinker International and adjusted same-store sales estimates across several chains, noting demo…
Samsara stock moved lower in pre-market trading after the company reported first-quarter fiscal 2027 results that topped analyst expectations on both earnings and revenue but provided only modest upside in forward guidance. The company posted GAAP EPS of $0.17 versus a consensus $0.13 and revenue of $478.8 million against an expected $455.2 million…
