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
Morgan Stanley's analysis of Ministry of Transportation and industry data shows air passenger traffic in China declined 5.7% year-over-year over the May 1-5 Labor Day holiday, even as total passenger movements increased 3.5%. Rail and road travel posted year-over-year gains, while air ticket prices rose sharply and parcel volumes weakened.
Deutsche Bank has moved Telecom Plus from 'buy' to 'hold' and cut its price target to 1300p from 2000p. The revision comes amid concerns that the company's word-of-mouth multiservice acquisition model is under strain; the news coincided with a notable drop in the stock price on the day of the update.
The USDA weekly Crop Progress snapshot shows corn planting 38% complete, level with last year and modestly ahead of the recent average, while soybean planting is at 33%, outpacing last year by 5% and the recent average by 10%. Emergence for both crops sits at 13% and futures have rallied, with corn contracts reaching multi-month highs and soybeans …
Stifel's April U.S. online gambling tracker reports a slowdown in sports betting handle growth, with year-over-year comparisons turning negative. iCasino gross gaming revenue growth remains healthy and consistent with company guidance. The report notes shifts in market share dynamics, continued high Kalshi volumes, legal developments affecting Kals…
Apollo Global Management said its assets under management exceeded $1 trillion in the first quarter, lifting fee-related earnings to an all-time high and helping adjusted net income increase 8% year-over-year. The firm recorded sizable inflows but reported a GAAP net loss driven by unrealized retirement-business investment losses.
Jefferies upgraded Kuehne+Nagel from hold to buy and increased its price target to CHF220 from CHF190, citing potential cost savings from artificial intelligence that it says are not yet captured in consensus estimates. The broker models CHF200 million of cost reductions and now forecasts 2028 EBIT of CHF1.75 billion, roughly 10% higher than Bloomb…
CVS Health raised its 2026 adjusted earnings-per-share forecast after a stronger first quarter driven by gains at its pharmacy benefit manager and tighter medical cost management in its government-focused insurance plans. The company reported adjusted Q1 EPS above analysts' estimates, posted revenue ahead of expectations and said lower medical spen…
Barclays strategist Emmanuel Cau cautioned that further gains in equities are difficult to justify while elevated energy risks remain and the global economy approaches a critical inflection point. The bank highlighted AI-driven earnings momentum and supportive liquidity as tailwinds, but warned that an aggressive drawdown in inventories has only te…
Pirelli has initiated production of its Cyber Tyre at its Rome, Georgia facility, with management set to provide further details during its first quarter 2026 results on Thursday. The Rome plant is small, accounting for about 5% of Pirelli's US exposure. Citi analysts characterize the start of Cyber Tyre output as a long-term positive and say it co…
GPA said on Tuesday that creditors representing 57.49% of the claims included in its proposal have agreed to a new out-of-court restructuring plan covering 4.57 billion reais. The proposal aims to cut the retailer's obligations by more than half over time, extend average maturity to 6.4 years, and lower the average cost to CDI plus 0.5% per year. T…
Jefferies has downgraded Deutsche Post DHL Group (ETR:DHLn) from buy to hold and reduced its 12-month price target from €60 to €52. The bank pointed to an uncertain macroeconomic environment and prefers Kuehne+Nagel for near-term upside. Its 2026-2028 revenue, EBIT and cash flow projections were left broadly unchanged, while the firm highlighted cu…
Records released by the U.S. National Transportation Safety Board (NTSB) show the fuel supply to both engines of China Eastern flight MU5735 was switched from run to cutoff while cruising, and that engine speeds fell after that switch movement. The flight data recorder was analyzed at the NTSB laboratory in Washington because the aircraft was manuf…
SpaceX has notified Grimes County officials of a proposed $55 billion investment to construct a vertically integrated semiconductor manufacturing and advanced computing fabrication plant in Texas. The project could grow to $119 billion if further phases move forward. The facility is designed to produce 2-nanometer chips and ultimately support a ter…
J.P. Morgan retained an underweight rating on Wacker Chemie while increasing its December 2027 price target from €50 to €60. The new target implies roughly 37% downside from the stock's last close of €95.30. The bank also put Wacker on a Negative Catalyst Watch ahead of second-quarter results due July 30, and adjusted its earnings and cashflow fore…
The California Supreme Court is set to hear arguments over whether pharmaceutical companies that produce drugs deemed safe nonetheless have a legal obligation to continue developing alternatives that may carry fewer side effects. Gilead Sciences is appealing lower-court rulings that allowed roughly 24,000 HIV patients to pursue negligence claims af…
SpaceX’s proposed public listing outlines a governance framework that concentrates voting control with founder Elon Musk and restricts traditional shareholder mechanisms for oversight and legal recourse. The filing shows a dual-class share structure, mandatory arbitration provisions, tightened rules for shareholder proposals and reliance on Texas c…
Advanced Micro Devices reported first-quarter revenue and earnings that beat expectations, backed by a substantial datacenter revenue increase. Management also delivered a second-quarter revenue guide well above consensus, prompting upgrades from Goldman Sachs and Bernstein, which cited agentic AI adoption and expanding GPU opportunities as major c…
U.S. chip stocks climbed following a robust forecast from Advanced Micro Devices that signaled accelerating demand for AI infrastructure and a rising role for server central processing units. AMD’s premarket surge led gains across rivals and suppliers, while upbeat guidance from Super Micro reinforced appetite for high-performance AI servers despit…
UK mining stocks climbed sharply after U.S. President Donald Trump said he would pause a naval operation intended to reopen the Strait of Hormuz, citing "great progress" in talks with Iran. The comments lifted investor risk appetite, sending gold up more than 2% and pushing silver and copper higher, while oil prices moved lower. Miners led advances…
Global equity and bond markets moved sharply higher after a report indicated the United States and Iran are close to agreeing on a one-page memorandum aimed at ending the war, a development that sent oil prices lower and prompted a rotation within stock sectors. European shares led gains, while energy equities lagged; benchmark bond yields fell acr…
Barclays says the KOSPI has climbed to more than three times its level from a year ago, a move that has generated a muted volatility reaction and falling participation in exchange-traded funds and derivatives. The bank notes that valuation measures remain constructive thanks to a marked uplift in earnings expectations for index constituents, but el…
U.S. equity futures advanced amid renewed optimism that negotiations between Washington and Tehran could reduce Middle East tensions and continued enthusiasm for artificial intelligence-related semiconductors. Strength in chipmakers and data-center demand accompanied a drop in oil prices, while indexes remain exposed to a potential pullback if dipl…
Advanced Micro Devices projected second-quarter revenue above Wall Street forecasts, citing robust demand for data-center processors. The guidance triggered a sharp premarket rally in AMD shares and lifted other chip names, while analysts revised addressable-market assumptions for server CPUs and flagged agentic AI as a structural growth driver.
Indonesian equities closed higher on Wednesday, with the IDX Composite Index rising 0.42% as gains in Infrastructure, Agriculture and Basic Industry sectors supported the market. Mid- and small-cap movers led session performance, while commodities and currency moves showed mixed direction ahead of the close.
Dubai stocks led gains across Gulf markets as a tenuous US-Iran ceasefire remained intact, enabling investors to pivot attention toward corporate results. Market participants reacted to a temporary halt in a naval escort operation through the Strait of Hormuz, ongoing regional tensions and contrasting military statements between the UAE and Iran.
