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
Diamondback Energy has purchased put options that would pay off if the spread between U.S. West Texas Intermediate (WTI) crude and Brent crude widens to roughly minus $42 a barrel in coming quarters. The positions, disclosed in the company's quarterly filing, would produce gains for the producer if a U.S. ban on crude exports pushes WTI sharply low…
Raymond James upgraded Fastly to Outperform from Market Perform and set a $23 price target, pointing to improved operations, accelerating AI-driven traffic demand, and momentum in the company’s security offerings. The firm raised revenue forecasts for 2026 and 2027 and highlighted positive free cash flow and disciplined infrastructure spending as s…
Federal prosecutors unsealed an indictment detailing a years-long insider trading operation sourced from confidential M&A information. Two people familiar with the probe identified the unnamed former Wachtell attorney in the indictment as Avi Sutton, who left the law firm to take an executive role at LionTree. Sutton has not been charged; prosecuto…
Anthropic PBC has agreed to a $1.8 billion cloud computing contract with Akamai Technologies Inc., according to people familiar with the matter. Akamai confirmed it won a seven-year cloud deal with a 'leading frontier model provider' but did not identify the client. The arrangement will deliver cloud resources to Anthropic for its artificial intell…
Anthropic has entered into a $1.8 billion agreement with Akamai Technologies to secure cloud computing capacity as demand for its artificial intelligence software grows. Akamai shares surged after the company disclosed a long-term cloud arrangement with a frontier model provider without naming the partner. Akamai and Anthropic both declined to comm…
The cessation of Spirit Airlines' operations and its expedited liquidation process have made a number of late-model A320neo airframes and GTF engines available for disassembly. Industry participants say removing GTF Pratt & Whitney engines from grounded Spirit jets and leasing them to carriers with sidelined aircraft is offering limited, temporary …
By 2:30 p.m. New York time on Friday, options trading in Cisco Systems Inc. reached 101,940 contracts. Call activity accounted for the bulk of the flow with 82,501 contracts, while puts totaled 19,439 contracts. Multiple call strikes across May 2026 and a January 2027 contract registered the largest executed volumes and varied open interest levels.
OnlyFans has agreed to sell a 16% stake to investment firm Architect Capital in a transaction that values the subscription-based adult-content platform at $3.15 billion. The terms call for Architect to pay $535 million for the minority stake, according to reporting on the deal. The companies have not publicly commented, and the transaction follows …
Options volume in Micron Technology surged to 1.28 million contracts by 2:20 p.m. New York time on Friday, driven by elevated call activity and record put interest. The stock climbed 13.1% to $731.24 as three-month volatility rose and skew moved further negative, with several May 8, 2026 strikes seeing the heaviest trading.
Britain's Financial Conduct Authority warned that a tribunal hearing on legal challenges to its £9.1 billion car finance compensation scheme is unlikely to take place before October. The regulator told lenders to prepare for the possibility the scheme could be wholly scrapped and said it was discussing with the Tribunal and challengers the potentia…
U.S. equities climbed to record levels on Friday, recovering from the prior session as strength in semiconductor stocks and a stronger-than-expected April jobs report lifted the market. Chipmakers from AMD and Intel to Nvidia and memory names registered sizable moves, while large energy names retreated amid evolving developments in the Strait of Ho…
Saudi quick-delivery startup Ninja has retained Citigroup, Goldman Sachs, Riyad Capital and UBS to advise on a possible Riyadh initial public offering that could seek about $1 billion in proceeds, with a potential timetable toward the end of 2026 or early 2027. The company is still weighing its options and could opt for alternative capital-raising …
Block Inc. shares climbed after the company reported first-quarter 2026 results that outperformed expectations and raised its outlook for the year. The fintech beat EPS estimates, posted triple-digit growth in several operating metrics across Cash App and Square, and announced a raised full-year plan calling for robust gross profit and adjusted EPS…
Markets experienced pronounced intraday volatility on Friday, with major semiconductor names among the strongest performers and several cloud and small-cap stocks posting outsized moves in both directions. Intel and Micron led gains among mega-cap chipmakers, while a mix of large-, mid- and small-cap companies moved on discrete news including corpo…
On Monday, May 11, 2026, the release of existing home sales data will be the focal point for market participants, with a forecast of 4.05 million annualized units against a prior reading of 3.98 million. A string of Treasury auctions and additional indicators, including the CB Employment Trends Index and month-over-month housing sales, are also sch…
Texas Roadhouse shares jumped almost 15% in mid-day trading after the casual-dining chain reported stronger-than-expected first-quarter 2026 results, citing an EPS beat, robust comparable-restaurant sales, an increased quarterly dividend and encouraging early Q2 trends. Analysts raised price targets and the broader market's gains provided a support…
Dell Technologies shares jumped to record levels after President Donald Trump publicly encouraged Americans to buy Dell computers. The rally was supported by analyst price target increases and broader strength in the AI server sector, with rival Super Micro also reporting positive guidance that lifted market sentiment. Dell is scheduled to report Q…
Apollo Global Management and Blackstone are reported to be negotiating roughly $35 billion in financing with Broadcom to support the chipmaker's production of AI-focused processors. The proposed transaction would be among the largest private credit deals on record. Terms remain under negotiation, and the talks come after Broadcom disclosed multi-ye…
Morgan Stanley reviewed first-quarter 2026 results from three payments and processing companies and left its overall stance cautious across the group. The firm adjusted price targets and reiterated ratings while calling out execution timing at Jack Henry, take-rate compression at Marqeta and sustained high marketing spend at NerdWallet as the prima…
President Donald Trump is reportedly planning to remove U.S. Food and Drug Administration Commissioner Marty Makary, though the course of action is not finalized and could change. Makary, a surgical oncologist at Johns Hopkins and a published author on healthcare costs and systemic issues in modern medicine, was confirmed as FDA commissioner in Mar…
The U.S. Census Bureau data reviewed by Stifel shows total non-residential construction spending rose 0.1% year-over-year in March after a 0.2% year-over-year decline the prior month. Gains were concentrated in non-building segments such as sewage and waste disposal, conservation and development, and power, while overall building spending fell, des…
Yahoo Inc. closed a combined $1.6 billion financing package made up of a $700 million term loan B and $900 million of high-yield bonds, both priced at yields well above prevailing risky-debt benchmarks. Proceeds will be used to repay loans tied to Apollo Global Management’s 2021 acquisition of Yahoo from Verizon, which were due to mature next year.
State-owned ABB is evaluating market conditions ahead of a planned $300 million to $500 million Eurobond offering this year, with proceeds earmarked for large corporate financing, existing client support and regional projects including operations in Uzbekistan after a planned acquisition of a local lender.
Intel shares climbed more than 15% early Friday after a Wall Street Journal report said the company reached a preliminary agreement to manufacture chips for Apple devices. People familiar with the matter told the newspaper that the companies had been in intensive talks for over a year and completed a formal deal in recent months. Details on which A…
A Goldman Sachs Marquee MarketView poll of Wall Street investors indicates that many expect access through the Strait of Hormuz to remain limited through at least the middle of the year, with a range of projections for Brent crude prices and the current Brent futures trading just above $100 a barrel.
