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.
30,218 total articles
Goldman Sachs expects the U.S. Treasury to increase its short-term borrowing estimate when it publishes financing numbers on May 4, forecasting $185 billion of marketable borrowing for Q2 versus the $109 billion indicated in February. The bank sees no change to coupon or TIPS auction sizes this quarter, implies negative $121 billion net bill supply…
Salesforce and its workspace messaging app Slack have initiated legal action against Microsoft at the High Court in London, alleging anticompetitive conduct linked to the bundling of Teams with Microsoft Office. The case, filed April 23, follows a 2020 complaint to the European Commission and an agreement last year in which Microsoft agreed to offe…
Poland's principal index finished lower on Monday, with declines concentrated in Basic Materials, Construction and Oil & Gas names dragging the WIG30 down 0.80%. Market breadth was tilted toward losers, while Pepco Group reached a 52-week high and MODIVO fell to a 52-week low. Commodity moves included stronger crude and Brent oil, and gold futures …
Turkey's BIST 100 closed higher on Monday, rising 1.28% to a fresh record. Broad sector gains were driven by Leasing & Factoring, Technology and Metal Products & Machinery. Several individual stocks posted double-digit percentage gains while others finished lower. Commodity and currency markets showed mixed moves, with oil up, gold down and the lir…
Cleveland-Cliffs stock rose 10% on Monday with trading activity running about four times the typical level for that time of day. The steel producer has climbed 32% over the last 30 days but remains down 20% year to date. Short interest is substantial, comprising roughly 15% of the float and leaving 6.7 days to cover based on the latest published fi…
Denmark's equity market closed higher on Monday, with the OMX Copenhagen 20 index finishing up 0.42%. Gains were concentrated in the Consumer Goods, Oil & Gas and Healthcare sectors. Oersted AS was the session's top performer, while Coloplast dropped to a five-year low amid broader weakness among several large-cap names. Commodity and currency mark…
Bridgewater Associates told clients that recent advances in artificial intelligence, exemplified by the latest release of Claude Code, create an existential risk for legacy application software providers. The warning coincides with heavy selling in software equities, steep year-to-date declines for major enterprise software names, rising layoffs ti…
Johnson & Johnson is applying artificial intelligence to reduce lead optimization time in drug development by roughly 50%, and has dramatically shortened the time to prepare clinical trial documentation for regulators, the company’s chief information officer said. While AI is not yet able to discover and bring new products to market on its own, J&J…
Bridgewater's co-chief investment officers warn that newly released AI models are creating existential threats to established application software companies, comparing the upheaval to how Amazon disrupted traditional booksellers. The firm also flagged ongoing geopolitical tensions - including U.S. moves in Venezuela, Greenland and Iran and stalled …
Norwegian equities declined at Monday's close, with the Oslo OBX index finishing 0.40% lower as losses in the Media, Transport and Diversified Financials sectors pressured the market. Advancers included Nel, Subsea 7 and Tomra, while Nordic Semiconductor, Hafnia and Frontline were among the laggards. Commodity and currency moves accompanied the equ…
Israel's equity benchmark closed lower on Monday, with the TA 35 retreating 0.33% as losses in Oil & Gas, Financials and Banking sectors pressured the market. Advancers were outnumbered by decliners on the Tel Aviv exchange, though several major stocks posted notable gains, and commodity and currency markets showed mixed moves.
Redburn has reworked its stance on several second-tier social platforms, upgrading Snap to Buy, downgrading Pinterest to Neutral and keeping a Sell on Reddit. Analysts Joseph Barker and James Cordwell underpin the changes with a view that AI is creating a bifurcated online advertising market, leaving smaller platforms to pursue revenue diversificat…
Greek equities closed slightly higher on Monday, with the Athens General Composite rising 0.09%. Gains were concentrated in the Construction, Travel and Technology sectors, while select large-cap names slipped. Commodity and currency markets moved unevenly, with crude oil and Brent higher and gold lower.
ARC Resources shares surged 21.5% to C$31.31 on Monday after Shell reached an agreement to acquire the Canadian oil and gas producer in a transaction valued at $16.4 billion including debt. Under the agreed terms, ARC shareholders will receive C$8.20 in cash plus 0.40247 Shell shares for each ARC share. Shell expects the acquisition to increase its…
People familiar with the matter told Bloomberg that Bill Ackman’s Pershing Square USA Ltd. IPO is expected to raise roughly $5 billion, a sum that represents the low end of the fund’s stated fundraising ambition and incorporates a previously disclosed $2.8 billion private placement. The offering is reported to be about 85% covered by institutional …
The U.S. Food and Drug Administration has approved a supplemental New Drug Application for Caplyta from Johnson & Johnson for the prevention of relapse in adults with schizophrenia, based on long-term clinical data. In a Phase 3 randomized withdrawal trial, Caplyta significantly prolonged time to relapse versus placebo over a 26-week double-blind p…
The U.S. Supreme Court heard arguments in a case testing whether court-approved 'geofence' warrants that compel companies to search customer location data violate the Fourth Amendment. The appeal involves a Virginia credit-union robbery in which Google location history placed defendant Okello Chatrie near the scene; the case raises questions about …
Equity markets on Monday displayed notable volatility across market-cap tiers. Mega-cap technology and industrial names, including Arm and GE Vernova, posted declines, while several semiconductor, biotech and industrial mid-caps and small-caps experienced outsized moves driven by company-specific news and trial results.
Evercore ISI analyst Kirk Materne said the revised partnership between Microsoft and OpenAI simplifies the commercial arrangement, grants both firms more operational flexibility, and clarifies economic and intellectual property timelines through 2030-2032. Microsoft gives up exclusive selling rights and will no longer pay revenue share on OpenAI pr…
A financing vehicle tied to Hut 8 Corp. is offering secured, investment-grade bonds due 2042 to raise capital for a 245-megawatt data center in St. Francisville, Louisiana. The deal - slated to be at least $3 billion - carries initial yield guidance roughly 2.13 percentage points over the benchmark and is being underwritten by Goldman Sachs, JPMorg…
Bank of America raised price targets for Dell and HPE, citing a structural shift toward agentic AI that increases CPU intensity across infrastructure. Analyst Wamsi Mohan increased Dell's target to $246 and HPE's to $38, keeping Buy ratings on both names, while projecting rising demand for AI servers, solution stacks and storage driven by sequenced…
India’s central bank has ordered banks to report over-the-counter foreign exchange derivative contracts involving the rupee that are executed by their group-related entities around the world to the Clearing Corporation of India. The requirement covers both deliverable and non-deliverable contracts, exempts trades under $1 million, and will be phase…
Vinted completed a secondary share sale raising 880 million euros that places the company at an 8 billion-euro valuation. The transaction was led by EQT, Schroders Capital and Teachers' Venture Growth. The platform reported 1.1 billion euros in revenue for 2025, up 38% year-on-year, amid expansion into electronics and homeware and stronger demand t…
A consortium headed by Macquarie Group Ltd. (ASX:MQG) is reportedly finalizing terms to sell Cleco Power, a Louisiana utility, to Stonepeak Partners LP and Bernhard Capital Partners for nearly $6 billion. The transaction, according to a Bloomberg report citing people familiar with the matter, could be announced imminently and is valued between $5.7…
Goldman Sachs has singled out five Buy-rated oil and energy services stocks as the sector moves into a fresh capital expenditure cycle driven by reserve replacement needs and rising demand. The bank points to upside risk in long-dated oil prices, structural tightness in refining markets for diesel and jet fuel, disruptions in the Strait of Hormuz, …
