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
Super Micro Computer shares dropped about 10% after research indicated Oracle canceled 300-400 GB300 NVL72 racks, a loss valued at roughly $1.1 billion to $1.4 billion. The report said Super Micro had shipped 100-200 of those racks prior to the cancellation, that Wiwynn picked up the rack business, and that excess B200 GPU inventory and slowing xAI…
Three private technology companies - SpaceX, OpenAI and Anthropic - are preparing initial public offerings that together could represent the largest listing wave in history. Valuations implied by private-market rounds place the trio on par with some of the largest public technology firms, but all three are unprofitable. That gap between sky-high ma…
The FTSE 100 fell on Thursday as a sharp rise in oil prices and fading hopes for revived U.S.-Iran negotiations weighed on sentiment. Brent crude topped $100 a barrel after Iran tightened control over the Strait of Hormuz and said it would not reopen the waterway until the U.S. lifts its naval blockade. Investors also absorbed a batch of corporate …
Roche Chief Executive Thomas Schinecker warned that heavy bureaucracy and government policies are pushing Europe further behind the United States and China in pharmaceutical research and innovation. The comments, made amid industry concern over U.S. ‘‘most-favored-nation’’ pricing proposals, come as analyses show a significant drop in new drug laun…
Shares of enterprise software companies fell sharply in premarket trading after ServiceNow and IBM reported quarterly results that raised investor concern. ServiceNow plunged 13.1% following disclosure of a near-term subscription-revenue headwind tied to on-premises deal slippage in the Middle East. IBM slid 7.1% after reporting slower first-quarte…
Texas Instruments reported first-quarter revenue and earnings that topped consensus, driven by outsized growth in industrial and data center end markets. In response, BofA Securities and Barclays raised their ratings and price targets, citing accelerating demand in industrial and data center segments and improved profitability. Management issued Q2…
PulteGroup reported lower first-quarter revenue and earnings, with management pointing to inflation and challenging demand dynamics. Revenue fell to $3.41 billion from $3.89 billion a year earlier and diluted earnings per share dropped to $1.79 from $2.57. The builder also raised its share buyback program by $1.5 billion, while home sale gross marg…
Hasbro reported preliminary first-quarter net revenue above analyst expectations and reaffirmed its fiscal 2026 guidance. The company said an instance of unauthorized access to its systems has been contained and systems are being progressively restored, though the incident has delayed completion and filing of first-quarter financial results, includ…
Nasdaq reported a jump in first-quarter profit to $519 million, or $0.91 per share, driven by increased trading volumes as investors adjusted portfolios amid macroeconomic uncertainty, worries in the technology sector, and late-quarter geopolitical tensions. Market services trading revenue rose 13% to $317 million, supported by record U.S. cash equ…
American Airlines cut its 2026 profit forecast after jet fuel prices surged following the Iran war, pressuring profit margins despite steady U.S. demand. The airline narrowed its expected earnings range to a loss of $0.40 per share up to a $1.10 profit, down from a prior $1.70 to $2.70 forecast, and reported a quarterly net loss of $382 million.
Blackstone reported stronger cash available for shareholder distribution in the first quarter as new capital inflows and realized investment gains supported growth. Total assets under management increased about 12% to roughly $1.3 trillion, with the credit and insurance business and private equity supplying the largest inflows. Despite operational …
Comcast reported first-quarter results that outperformed Wall Street expectations, driven by strong sports programming that boosted Peacock subscriptions and advertising. The company also recorded smaller-than-expected broadband losses and a record quarter of wireless net additions, while media segment losses widened due to increased programming sp…
U.S. software stocks moved lower in premarket trading on April 23 after quarterly results from IBM and ServiceNow renewed investor anxiety that AI-driven automation could disrupt traditional software revenue models. IBM posted slower revenue growth in its software unit, driven by Red Hat, while ServiceNow cited delayed Middle East subscription deal…
Barclays has initiated coverage of RIT Capital Partners and Caledonia Investments with 'overweight' ratings and price targets of 2,660 pence and 420 pence respectively, highlighting unusually wide discounts to net asset value and setting explicit NAV return and discount assumptions underpinning each target.
Thermo Fisher Scientific reported first-quarter revenue and adjusted earnings per share above Wall Street estimates, driven by growth in its laboratory products and biopharma services division. The company’s total revenue rose 6% year-over-year to $11.01 billion and adjusted EPS came in at $5.44 for the quarter ended March 28. Despite the beat, sha…
Lockheed Martin posted a weaker first-quarter profit as fixed-price contract cost increases and production slowdowns on key programs eroded margins. While stronger F-35 sales provided partial relief, declines in aeronautics volumes tied to classified work and softer rotorcraft and radar output at Sikorsky and rotary and mission systems contributed …
Procter & Gamble is poised to report a sixth straight quarterly decline in gross margin as elevated freight charges and higher prices for petrochemical inputs tied to the war in Iran squeeze costs. Revenue is projected to grow modestly, supported by resilient U.S. beauty and hair care demand, while other categories show volume weakness among budget…
India's benchmark indices ended lower on Thursday, with the Nifty 50 falling 0.84% and the BSE Sensex down 1.09%. Losses were concentrated in Auto, Real Estate and Consumer Durables sectors, while a handful of pharma and financial names posted gains. Volatility as measured by the India VIX rose, gold futures fell and crude oil prices climbed.
AI uptake across the U.S. economy is rising, but adoption remains concentrated in a small number of sectors, with securities and financial investment firms and technology services leading. Differences in survey methods produce widely different adoption rates: 19% report using AI in production in a Census Bureau survey, while real-time spending data…
Norway’s $2.2 trillion sovereign wealth fund is evaluating whether to take an investment position in SpaceX, the fund’s deputy CEO said. The potential deal comes as SpaceX readies what is expected to be a $1.75 trillion initial public offering this summer. The fund disclosed a first-quarter loss of 636 billion crowns ($68.44 billion), attributed in…
Norway’s sovereign wealth fund, valued at $2.2 trillion, is evaluating a potential investment in SpaceX as the rocket and satellite company prepares for a planned $1.75 trillion initial public offering this summer. The fund’s deputy CEO confirmed ongoing dialogue with SpaceX but declined to provide further specifics. The comments came after the fun…
The European Union’s Court of Justice has dismissed Lufthansa’s appeal against a ruling that annulled the European Commission’s approval of pandemic-era state aid for the carrier. The decision confirms a 2023 General Court judgment triggered by Ryanair’s legal challenge and allows the Commission’s ongoing investigation, under way since 2024, to tak…
Teck Resources reported first-quarter adjusted EPS that exceeded analyst expectations, driven by a sharp rise in average copper prices and record quarterly sales. The company warned that the Middle East conflict will raise freight and explosives costs through the second quarter, especially at Chilean operations dependent on imported diesel. Teck an…
Orange has initiated conversations with competition authorities to prepare for a potential joint acquisition of SFR, CEO Christel Heydemann said. A consortium that includes Orange, Bouygues and Iliad is in exclusive talks with SFR owner Altice France until May 15 over an offer that values SFR at an enterprise value of 20.35 billion euros ($24 billi…
As U.S. gasoline prices have climbed amid disruptions linked to the Iran war, car renters and longer-term mobility customers are increasingly choosing electric vehicles. Major rental platforms and peer-to-peer services report measurable increases in EV reservations and bookings, while used EV valuations have firmed after months of decline.
