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
Futures tied to Canada’s primary equity gauge rose modestly on Tuesday as investors balanced renewed flare-ups between the U.S. and Iran with signs the temporary military escort of shipping may be easing disruptions in the Strait of Hormuz. Energy names benefited from higher crude, while broader sentiment remained under pressure from the risk that …
Saudi Arabia's stock market closed lower on Tuesday, with the Tadawul All Share (TASI) falling 0.75% to a one-month low. Weakness was concentrated in Media & Publishing, Hotels & Tourism and Industrial Investment sectors, while a small group of stocks recorded notable gains. Crude benchmarks declined and gold firmed, and market breadth showed signi…
Michael Burry sold his entire holding in GameStop after the videogame retailer submitted an unsolicited $125-per-share bid for eBay. In a Substack post, Burry said the proposed transaction would force GameStop into a capital structure with leverage well beyond levels compatible with his 'Instant Berkshire' investment case, and he flagged materially…
U.N. Security Council members will open discussions on a U.S.- and Bahrain-supported draft resolution that could lead to sanctions and, ultimately, authorization of force should Iran not cease attacks and threats to commercial shipping in the Strait of Hormuz. The initiative comes as renewed exchanges of fire have tested a fragile truce, and as Was…
IDEXX Laboratories increased its 2026 earnings and revenue guidance, prompting a 3.4% rise in premarket trading to $582. The company raised its full-year EPS range and revenue outlook after reporting first-quarter revenue that exceeded analyst expectations, though shares remain down year-to-date by 16.8% as of Monday’s close.
Fabrinet reported third quarter revenue of $1.21 billion, topping analyst forecasts by $37 million as telecom demand propelled sales. Despite the beat, shares plunged 12.88% on Thursday after mixed segment performance, supply limitations and modest near-term guidance raised investor concerns. Analysts remain split, with some lifting price targets w…
Cummins increased its 2026 revenue growth guidance to 8%-11% from a prior range of 3%-8%, driven by sustained demand for generators linked to data-center expansion and an uptick in North American truck markets. First-quarter revenue climbed to $8.4 billion and EPS was $4.71, including a $1.44 per-share charge tied to the sale of its low-pressure fu…
Huntington Ingalls reported a narrower quarterly operating margin as rising costs pressured profitability. Revenue exceeded analyst estimates, driven in part by growth at the Newport News shipyard, but higher product costs and broader trade uncertainty contributed to a decline in margins. Shares traded lower in premarket activity.
Viridian Therapeutics stock climbed 40% on Tuesday after the company reported positive topline results from the Phase 3 REVEAL-2 study of elegrobart in chronic thyroid eye disease. Both dosing regimens tested produced statistically significant proptosis responder rates versus placebo at week 24. The therapy was generally well tolerated, and Viridia…
U.S. equity futures rose in early trading Tuesday as market participants balanced renewed U.S.-Iran tensions against a steady stream of corporate results. By 07:19 ET (11:19 GMT) Dow futures were up 70 points (0.1%), S&P 500 futures rose 19 points (0.3%) and Nasdaq 100 futures had climbed 126 points (0.5%). Several large-cap names moved sharply in …
Morgan Stanley describes the European airports sector as entering a "crunch time" driven by regulatory uncertainty, softer retail spending, rising costs and mixed 1Q26 results. Despite modest EBITDA downgrades and near-term execution risks, the broker favors a selective, patient approach and ranks Groupe ADP, Aena, Fraport, Zurich Airport and AIA i…
Shares of FIS climbed roughly 5% after the payments and banking software provider announced a collaboration with Anthropic to build a Financial Crimes AI Agent. The tool is intended to automate evidence gathering and pattern evaluation for anti-money-laundering investigations, with BMO and Amalgamated Bank among initial testers and broader availabi…
Citi cut its rating on Planisware SA (EPA:PLNW) from Buy to Neutral and trimmed the 12-month price target to €20 from €21, stating that the stock's valuation now largely reflects the firm’s growth trajectory. Citi left its valuation multiple methodology unchanged and maintained above-consensus revenue and profitability forecasts for 2026-2028 while…
JPMorgan strategist Mislav Matejka urged investors to look beyond short-term geopolitical volatility and view market weakness as an opportunity to buy, saying the risk of a prolonged stagflationary shock is overstated. While acknowledging a recent MSCI World rally described as a "V-shaped rebound," Matejka cautioned that gains are concentrated and …
Bank of America has reinstated coverage on Home Depot with a Buy rating and a $374 price target, while returning Lowe’s to coverage at Neutral with a $260 target. The bank favors Home Depot because its Pro customer base and recent acquisitions should help it weather a housing market that has not yet recovered.
GlobalFoundries said it expects second-quarter revenue to top Wall Street forecasts, citing accelerating deployments in data centers worldwide. The company pointed to growth in niche product lines, reported first-quarter revenue in line with expectations, and provided adjusted earnings guidance that also exceeded analyst estimates. Shares moved hig…
Digi Power X Inc. announced a Master Services Agreement with Cerebras Systems to colocate a 40 megawatt AI data center campus in Columbiana, Alabama. The initial 10-year term of the contract is valued at about $1.1 billion, with total potential contract value reaching up to $2.5 billion if renewal terms are exercised. The company plans a two-phase …
Nexentis Technologies' stock rose about 10% after its wholly owned subsidiary, MitoCareX Bio Ltd., secured U.S. trademark registration for MITOLINE, a proprietary sequence analysis and alignment algorithm aimed at preparing mitochondrial SLC25 carrier proteins for 3D comparative modeling. The platform is part of MitoCareX's cloud-based discovery en…
Cytokinetics stock climbed 28% after the company reported that ACACIA-HCM, a pivotal Phase 3 study of aficamten in symptomatic non-obstructive hypertrophic cardiomyopathy patients, met both of its primary endpoints and showed statistically significant improvements on secondary measures with no new safety signals.
Amazon announced a new offering, Amazon Supply Chain Services, enabling other businesses to store and ship materials and finished goods using its multi-modal transport and warehousing network. The step broadens Amazon’s addressable market in logistics, drew sharp share-price moves in established carriers and has already attracted major corporate cu…
Coinbase Global said it will reduce its global headcount by roughly 700 employees, about 14% of its workforce as of May 1, 2026, as part of a restructuring aimed at lowering operating costs and aligning the business for the AI era. The company expects the program to be substantially complete in the second quarter of 2026 and estimates total restruc…
IREN Limited said Tuesday it has signed a definitive agreement to acquire Mirantis, a cloud infrastructure and Kubernetes orchestration provider, in a transaction valued at about $625 million paid in IREN ordinary shares. The deal is aimed at strengthening IREN's AI Cloud delivery by improving deployment, monitoring, support and market access for e…
Cellectar Biosciences saw its shares jump 130% in pre-market trading after announcing an oversubscribed financing package that could provide up to $140 million to advance its radiotherapeutic candidate iopofosine I 131 toward a confirmatory study and an FDA accelerated approval filing for Waldenström macroglobulinemia.
Meta Platforms said on May 5 it will extend technology that identifies and places suspected teenage accounts into Teen Account protections to 27 European Union countries and will apply the system to Facebook in the United States, with rollout to the UK and EU planned in June. The company described using advanced AI to analyze profile context and to…
PayPal reported first-quarter results that exceeded analyst expectations as continued consumer spending supported payment volumes. Revenue rose 7% to $8.35 billion and adjusted earnings per share were $1.34, ahead of consensus. Management under new CEO Enrique Lores outlined a reorganization and plans to cut roughly $1.5 billion in costs over the n…
