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.
30,220 total articles
Kohl’s Corp jumped 21.7% in early trading after reporting fiscal Q1 2026 results that topped Wall Street expectations on both revenue and earnings. The company reported a net loss of $14 million, or $0.13 per share, beating forecasts for a $0.18-per-share loss. Management reiterated full-year guidance, noted stronger inventory and expense control, …
Flowserve Corporation shares rose 1% after Starboard Value LP revealed a substantial stake and called on the pumpmaker to accelerate operational improvements and margin expansion. Starboard flagged the company’s lagging performance despite attractive end markets and highlighted a weak first-quarter organic revenue print that leaves the firm needing…
Shares of Aureus Greenway Holdings Inc. (NASDAQ: PUSA) rose sharply after Powerus, the company it has agreed to merge with, qualified to compete in the Phase II qualifier of the Department of War's Drone Dominance Program with its MatrixFold multi-purpose attack drone. The selection ties Powerus to a $1 billion Pentagon initiative focused on low-co…
Corsair Gaming rallied sharply, gaining 22.2% in morning trade and reaching a new 52-week high after the company introduced CORSAIR PRO, a suite of AI workstations and servers. The move built on an upbeat fiscal Q1 that exceeded earnings expectations and showed substantial adjusted EBITDA growth. Elevated short interest and subsequent analyst targe…
The U.S. Homeland Security secretary said federal authorities could soon stop processing international passengers and cargo at Newark Liberty International Airport because local police in northern New Jersey are not facilitating access for federal immigration officials. The warning, delivered on national television, follows plans the administration…
Shares of 3M fell in pre-market trading after Australia’s federal government filed a landmark suit against 3M Company and 3M Australia Pty Ltd seeking more than A$2 billion (about $1.43 billion USD) in damages tied to PFAS contamination from aqueous film-forming foam used at 28 defence bases. The Commonwealth alleges the company withheld informatio…
Cheniere Energy Partners has contracted Bechtel Energy to provide engineering, procurement and construction services for the first phase of an expansion at its Sabine Pass LNG terminal in Cameron Parish, Louisiana. The phase centers on Train 7, a boil-off gas re-liquefaction unit and associated infrastructure, and is expected to add more than 6 mil…
Innventure's stock slid 9% after short seller Morpheus disclosed a short position and raised doubts about a pivotal Accelsius agreement with Canadian firm DarkNX. The dispute centers on the existence and backing of a 300MW AI data-center deployment in Ontario that Innventure has said would drive a $100 million annualized revenue run rate and positi…
Teladoc Health said its virtual care offerings are now available through Walmart's Better Care Services platform, a move that lifted Teladoc shares by 7%. The agreement makes Teladoc's urgent care, dermatology and nutrition services accessible to Walmart shoppers via insurance benefits or a cash-pay option priced at $89 per visit, with prescription…
Shares of Ferrari plunged after the unveiling of the Luce, the automaker's first all-electric four-door, but Barclays views the market selloff as an exaggerated response. The bank points out the Luce will be a small portion of total volume when it reaches production and praises Ferrari's willingness to confront disruptive change even if the design …
Activist investor Findell Capital Management has launched a campaign pressing Figma Inc (NYSE:FIG) to slim its product slate, reduce operating spending and investigate possible governance conflicts tied to AI startup Anthropic. In a letter to Figma's board, the fund argued the company is materially undervalued and that public market fears around AI…
Dollar Tree surged in pre-market trading after reporting a sizeable first-quarter earnings beat and raising its full-year guidance. Strong adjusted earnings, robust share repurchases, and a new DoorDash delivery partnership combined to overturn bearish sentiment and send the stock sharply higher ahead of the opening bell.
Insider filings this week reveal notable private placement purchases by executives and directors at smaller issuers, large open-market acquisitions by an institutional holder, and substantial stock disposals by company insiders and affiliated entities at several growth-oriented public companies. Key movements include private placement purchases at …
Futures tied to Canada’s main stock index edged down on Thursday as a renewed exchange of strikes between the U.S. and Iran weighed on investor sentiment. The S&P/TSX 60 futures fell by about 5 points, or 0.2%, by 08:08 ET (12:08 GMT). Market participants also digested quarterly results from major Canadian banks and U.S. inflation figures, with the…
Best Buy shares climbed sharply in pre-market trading after the retailer posted fiscal first-quarter results that beat analyst expectations on both the top and bottom lines. Comparable sales rose 2.0% and adjusted diluted EPS increased 11% to $1.28. The company kept its FY27 adjusted diluted EPS outlook at $6.30 to $6.60 and highlighted early signs…
Rosenblatt's supply and demand model indicates manufacturers of Indium Phosphide-based optical lasers will ramp capacity dramatically between 2025 and 2030, yet supply is expected to remain about half of projected demand through the end of the decade. The analysis highlights timing risks for co-packed optics and identifies near-term beneficiaries a…
Nebius Group saw its shares rally in premarket trading after Situational Awareness, a fund managed by former OpenAI staffer Leopold Aschenbrenner, reported a 5.6% stake valued at nearly $2.6 billion as of Wednesday. The fund, which managed $13.67 billion as of March 31 and grew 148% from the end of 2025, is now Nebius’ largest shareholder. The move…
CNN has filed a lawsuit claiming Perplexity unlawfully distributes its copyrighted journalism. The suit, lodged May 28, says Perplexity has so far refused licensing offers and must face legal damages. The action joins other cases from major publishers alleging scraping and unauthorized use by the AI search engine.
Jefferies' latest European REIT report identifies selective buying opportunities as listed property companies appear to be priced for a deeper downturn than current operating trends imply. The brokerage singles out Belgium's VGP as its growth pick in logistics and France's Carmila as its preferred value and income play, citing stronger balance shee…
Shares of JFB Construction Holdings rose sharply after XTEND, the company it has agreed to merge with, was selected to participate in Phase II of the U.S. Department of Defense’s Drone Dominance Program. The Phase II qualifier, set for this summer at Camp Grayling, Michigan, is part of an initiative expected to support procurement of more than 200,…
The U.S. Department of the Treasury on Thursday published the Trump Accounts app across app stores nationwide as part of a broader initiative to open government-backed investment accounts for children. The program, created under the One Big Beautiful Bill Act, will deposit $1,000 into accounts for children born between 2025 and 2028 who have a vali…
The closure of the Strait of Hormuz by Iran has not so far caused immediate, widespread shortages of jet fuel, but it has reshaped global trade routes. Buyers and refiners are sending cargoes across much longer distances to replace roughly 400,000 barrels per day in lost Middle Eastern exports, lifting European prices to record levels in April and …
Morgan Stanley said Quanta Services (TPE:2382) expects modest notebook shipment trends in Q2 and left full-year notebook guidance unchanged. The company projects continued quarter-over-quarter AI server growth in Q2, a platform transition late in the year, and triple-digit year-over-year AI server volume gains in 2026, supported by a planned doubli…
Wellgistics Health shares jumped sharply in early trading following a 1-for-50 reverse stock split that took effect on May 26, 2026, and fresh strategic transactions tied to an AI-enabled pharmacy venture. The move combined a technical repricing, optimism around Nasdaq listing compliance, and recent operational updates that include rising pharmacy …
Eli Lilly shares rose about 1% in pre-market trading after CVS Caremark said it would place Zepbound on its preferred drug list and expand coverage for Lilly’s obesity medicines. The change makes Lilly’s full obesity portfolio accessible through the nation’s three largest pharmacy benefit managers, with staged implementation dates and specific cost…
