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.
30,214 total articles
Aevex Inc., a manufacturer of drones, is guiding expectations that its initial public offering will price in the upper half of the marketed $18 to $21 range. The offering is reported to be multiple times oversubscribed after investor meetings, drawing strong participation from long-only funds and remaining on track to price later Thursday. Shares a…
Trading on Thursday produced wide moves across market-cap segments as individual corporate developments and analyst actions drove share-price shifts. Large-cap technology and chip-related names posted strong advances, while several industrial and automotive stocks weighed on the market. Company-specific announcements, analyst coverage and corporate…
Snap Inc. announced plans to cut about 1,000 roles, around 16% of its full-time staff, citing AI productivity gains. The timing of CEO Evan Spiegel's Coachella appearance, shared on Instagram by his wife Miranda Kerr days before the layoffs were disclosed, has prompted backlash from departing employees and observers.
Brazil’s newly implemented 10% withholding tax on dividends has produced only a small fraction of the revenue authorities expected in the first two months of the year, according to unpublished tax data reviewed by Reuters. The shortfall calls into question whether proceeds from the levy will be sufficient to finance President Luiz Inacio Lula da Si…
Wolfe Research identifies four large-cap internet stocks it views as attractive near-term opportunities amid compressed sector multiples. The firm cites favorable earnings dynamics, AI-driven product improvements, re-grossing potential and margin expansion as drivers for Meta Platforms, Uber Technologies, DoorDash and Shopify. Valuations are below …
Shares of footwear maker Allbirds and social media operator Myseum rocketed after each announced moves to rebrand and reorient around artificial intelligence. Allbirds revealed plans to sell most assets and to reposition as NewBird AI while securing convertible financing to acquire GPUs; Myseum adopted the Myseum.AI name to emphasize an AI-enabled …
Stellantis NV has appointed Michael Orange, formerly Hyundai Motor America’s vice president of national sales, as its new head of U.S. sales effective April 22. The move comes as the automaker rides a 12% rise in global shipments in the first quarter led by stronger Ram pickup deliveries in the U.S., and amid pressures from overcapacity in Europe a…
Bank of America reiterated a bullish view on Dell, arguing the PC and server maker is well placed to capture an ongoing increase in AI infrastructure spending. Analyst Wamsi Mohan projects 28% unit growth for AI servers in 2026 and a 50% rise in average selling prices, producing a $495 billion AI server market next year. BofA estimates Dell will ca…
Goldman Sachs analysts see a pick-up in capital spending by hospital systems on revenue-generating medical technologies, favoring Philips in Europe and GE HealthCare in the U.S. The bank points to a surge in MRI and CT tenders across Europe and a product cycle inflection for GE HealthCare as reasons for a constructive stance ahead of first-quarter …
Market research firm Apptopia reports that Starlink's global app downloads and monthly active users more than doubled in the first quarter versus a year earlier. The satellite internet unit of SpaceX recorded four consecutive quarters of MAU growth above 100%, with notable gains in Brazil, Argentina and the United States. Analysts say sustained sub…
Shares of Myseum climbed more than 270% Thursday after the company announced it is changing its trading name to Myseum.AI and said it is integrating proprietary artificial intelligence into its messaging and social platforms. The company said the AI agents under development will help users manage personal media while preserving privacy and that its…
Walmart announced plans to remodel 72 stores across Texas in 2026 under its broader store modernization program. The upgrades will update store layouts, technology and services to accelerate shopping and delivery times, add pharmacy and vision enhancements, expand brand assortments, and support new services for Walmart+ members. The company is also…
American Express announced plans to purchase Hyper, an AI-focused expense management startup backed by OpenAI CEO Sam Altman. The acquisition, with terms undisclosed and expected to close in the second quarter of 2026, is part of AmEx's push to add automation tools for commercial clients and strengthen its position in corporate spending.
Alphabet’s Google is negotiating with the U.S. Department of Defense to permit deployment of its Gemini AI models in classified settings, with discussions focused on allowing all lawful uses while including contract language aimed at preventing domestic mass surveillance and autonomous weapons without human oversight.
Google is negotiating terms with the U.S. Department of Defense to allow deployment of its Gemini AI models within classified settings, according to people with direct knowledge of the discussions. The talks center on permitting the Pentagon to use Google’s AI for lawful purposes while including contractual safeguards against domestic mass surveill…
At its annual shareholders meeting, Mercedes-Benz faced pointed criticism from major investors who say the automaker’s emphasis on top-tier luxury models could hamper its recovery in China, where it and other German premium brands have ceded share to technology-focused domestic competitors. Management outlined a China-specific product refresh and a…
Bit Origin Ltd (NASDAQ:BTOG) saw its stock jump 70% after announcing it had secured strategic financing to investigate expansion into AI-focused computing, storage infrastructure and cooling services. The company intends to use the funds to assess leasing, management and optimization of AI computing resources, leveraging internal capabilities and p…
At Mercedes-Benz’s annual shareholders’ meeting, investors cautioned that a strategy concentrated on the upper end of the market could hinder the company’s ability to reclaim Chinese buyers after a sharp sales decline. Executives outlined plans for new models and jointly developed driving assistance systems, while reaffirming medium-term sales targ…
Futures tied to Canada's primary stock index ticked upward Thursday as investors leaned into growing expectations that the U.S. and Iran could negotiate a lasting ceasefire. Benchmark Canadian contracts and U.S. futures gained modestly, while sector performance diverged - financials advanced, energy lagged amid easing oil prices, and gold ticked hi…
Corporate insiders and significant shareholders reported a string of notable transactions disclosed Wednesday. Purchases included large director buys at Conagra Brands and institutional accumulation at Lamb Weston, along with insider buying at Virco and Airsculpt. On the sell side, executives and large holders completed multi-million-dollar disposa…
UBS has identified European software companies that combine predictable earnings and exposure to long-term secular trends as preferred investments. The broker highlights The Sage Group Plc and Indra Sistemas as top selections, citing Sage's recurring revenue base and insulation from recent geopolitical disruption and Indra's attractive valuation fo…
Google's Gemini has steadily increased its share of unique visitors to AI model interfaces, though it still records fewer total users than OpenAI's ChatGPT. Broker Piper Sandler, using SEMRush traffic data, reports Gemini drew roughly 368 million unique visitors in March 2026 versus about 777 million for ChatGPT. Concurrent moves in prediction mark…
Saudi Arabia's stock market closed lower, with the Tadawul All Share falling 0.30% as declines in Cement, Telecoms & IT and Financial Services outpaced gains elsewhere. Market breadth was positive but limited, while oil and gold prices moved higher and key currency pairs showed minor shifts against the riyal.
Barclays has upgraded its stance on the European utilities sector from market weight to overweight, pointing to stronger earnings momentum, higher energy prices supporting near-term performance, and the sector's defensive qualities should macro conditions deteriorate. The broker sees 2026 as a pivotal year for earnings and total returns and expects…
Charles Schwab reported record first-quarter revenue and profit, powered by growth in client relationships, a jump in trading activity and increased use of its wealth and banking services. The firm posted higher daily trading volumes, meaningful net new asset inflows and rising trading revenue as markets experienced heightened volatility in early 2…
