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
Sun Pharmaceutical Industries reported a March-quarter net profit slightly above analyst expectations, driven by growth in its specialty therapies franchise. However, rising costs - notably in research and development - pushed expenses sharply higher and compressed core margins, prompting a drop in the company's share price despite the profit beat.
JPMorgan has put Dick’s Sporting Goods on a Positive Catalyst Watch ahead of the retailer’s first-quarter 2026 earnings, lifting comparable-sales and earnings projections above Wall Street consensus. The bank’s note from analyst Christopher Horvers increases Dick’s core comp estimate and turns Foot Locker comps positive, while modeling a significan…
U.S. stock futures were mostly higher on Friday morning as investors monitored media reports about potential talks aimed at ending the conflict in Iran. Major premarket movers included Take-Two Interactive, Workday, Zoom and Estee Lauder, driven by quarterly results, product launch timelines and the end of merger discussions. Chipmakers and quantum…
Goldman Sachs finds that recent US economic indicators have outperformed comparable measures in the UK and Euro area. The US composite PMI has stayed broadly stable since February while the UK and Euro area readings have declined by roughly 4-5 points. The firm links the divergence to uneven growth impacts from the energy shock and also highlights …
April residential construction figures from the Census Bureau point to a housing market that remains resilient overall but shows softness in single-family construction. Multifamily starts provided year-over-year gains that lifted total starts, while permitting and single-family metrics weakened. DA Davidson kept Buy ratings and Top Pick designation…
U.S. equity funds saw a second weekly outflow in nine weeks during the week ended May 20 as investors took profits after a rally and expressed caution about rising inflation and a sharp increase in long-term borrowing costs. LSEG Lipper data show $12.05 billion in net redemptions from U.S. equity funds, while bond and money market funds attracted s…
The Dow climbed to a fresh high while Asian chip shares extended gains after demand signals from Nvidia, underscoring continued investor appetite for AI-related exposure. At the same time, mixed reports on U.S.-Iran negotiations have constrained broader market conviction, leaving U.S. futures largely rangebound. Separately, a set of AI-powered scre…
The dual-class share arrangement disclosed in SpaceX’s IPO filing, which would give CEO Elon Musk outsized voting control, has refocused attention on a longstanding corporate governance dispute. Advocates say stronger founder control shields long-term strategy from short-term market pressures, while opponents argue it concentrates power and can wea…
Barclays says European equities could see a rapid rebound should the Iran conflict be resolved swiftly, but warns of significant downside if disruptions to the Strait of Hormuz persist. The bank frames the relative performance of EU versus U.S. stocks as increasingly dependent on the path of oil prices, noting deteriorating eurozone macro signals a…
The Royal Thai Air Force has ordered two Airbus C295 tactical transport aircraft that will be assembled in Seville, Spain, and operated by the service's 46th Wing Division from Phitsanulok air base. The first of the pair is slated for delivery in the first half of 2029. Thailand already operates three C295s with its Army, and Airbus supports fleet …
Vitrolife AB said its CEO, Bronwyn Brophy O’Connor, will depart to take another chief executive position elsewhere in the medtech industry. The board has accepted her resignation, will start an immediate search with international recruiters and will consider both internal and external candidates. Brophy O’Connor will remain in post for up to 12 mon…
BJ's Wholesale Club reported first-quarter results that outpaced analyst estimates, driven by membership growth, fuel sales and a surge in digitally enabled transactions. Adjusted earnings per share and revenue were ahead of expectations while comparable club sales rose; the company kept its fiscal 2026 adjusted EPS guidance range intact, with the …
JPMorgan has moved to a more cautious stance on several European chemicals companies, lowering ratings on multiple names and revising medium-term earnings expectations. The bank's analysts say a temporary earnings uplift linked to supply disruptions from the Middle East looks to be waning, and that once those gains dissipate, 2027 estimates could b…
Inditex SA is relying on its multi-brand portfolio, broad international footprint and investments in artificial intelligence to sustain growth, Chief Executive Officer Óscar García Maceiras said. Speaking on Bloomberg TV as the company marks 25 years as a public company, García Maceiras pointed to the group's physical presence in 98 countries, onli…
Up Fintech Holding Ltd shares plunged in pre-market trading after China’s securities regulator announced penalties for its Tiger Brokers unit for operating an unlicensed cross-border brokerage on the mainland. The China Securities Regulatory Commission named Tiger Brokers, Futu Holdings and Longbridge Securities and said it would confiscate illegal…
UBS raised its S&P 500 year-end price objective to 7,900 from 7,500 and unveiled a June 2027 target of 8,200, driven largely by higher earnings estimates. The bank lifted its 2026 S&P 500 EPS forecast to $335 from $310 and introduced a 2027 EPS projection of $375. Upward revisions are concentrated in semiconductors and energy, supported by stronger…
Shares of Futu Holdings plunged in pre-market trade after China’s securities regulator opened formal administrative penalty proceedings and ordered strict operational limits on several offshore brokerages, including Futu. The China Securities Regulatory Commission (CSRC) said it will seek confiscation of illicit gains and ban offshore brokers from …
Indian benchmark indices finished the session higher, with the Nifty 50 up 0.27% and the BSE Sensex 30 rising 0.31%. Gains were concentrated in banking, metals and consumer durables stocks, while select pharmaceutical and energy companies weighed on the market. Market breadth was positive on both exchanges and volatility as measured by the India VI…
Brembo has agreed to establish a joint venture with Ningbo Huaxiang Electronic to bring its Sensify intelligent, fluid-free by-wire braking system to the Chinese automotive market. The move follows Brembo's recent production start for a major global manufacturer and new customer wins. The transaction is subject to standard regulatory approvals.
Bank of America's Bull & Bear Indicator climbed to 8.0 from 7.8, generating a contrarian sell signal for risk assets even as strategists led by Michael Hartnett say investors are unlikely to reduce equity exposures before a potentially historic pipeline of initial public offerings. The rise was driven by strong tech inflows, a record monthly increa…
Exchange-traded funds focused on the space economy have seen a rapid infusion of capital and a wave of new launches following signals that SpaceX intends to pursue an initial public offering. Asset flows lifted total assets in the niche to $3.3 billion after $1.3 billion in fresh money in the past month, and several new ETFs have emerged alongside …
The Aluminium Corporation of China (Chalco) said its board approved on June 26, 2025 a plan by a Hong Kong subsidiary to invest in a 1.2-million-ton-per-year alumina project in Guinea. The investment, Chalco's first alumina program outside China, is estimated at about $1 billion. An amended mining agreement was signed by three subsidiaries and the …
Standard Chartered CEO Bill Winters apologized for upsetting colleagues with remarks about artificial intelligence replacing certain roles, while maintaining the substance of his statements that the bank will reduce about 8,000 back-office support positions as it deploys AI technology. Winters posted a transcript of his full remarks and emphasized …
Bank of America moved both Rio Tinto and BHP Group from Buy to Neutral, citing lofty valuations, a turn lower in China’s credit impulse, and heightened macro uncertainty related to the Middle East conflict. The bank left price targets intact at A$69 for BHP and 9,300 pence for Rio Tinto, but said the risk-reward no longer supports an outright bulli…
Shares of Compagnie des Alpes rose 3.7% on Friday after the French leisure operator reported first-half EBITDA that matched analyst expectations and flagged a pick-up in short-term bookings at Parc Astérix. Management reiterated its full-year objective of nearly 10% growth in core earnings, while a broker upgrade to buy underscored perceived upside…
