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.
23,115 total articles
Eli Lilly has entered into a collaboration worth as much as $1.12 billion with Germany-based Seamless Therapeutics to develop and commercialize gene-editing therapies aimed at certain forms of hearing loss. The arrangement grants Lilly access to Seamless' proprietary enzyme platform, which engineers programmable recombinases designed to make large,…
UBS moved Intershop Holding AG (SIX:ISN) from a 'buy' to a 'neutral' rating while increasing its 12-month price target to CHF170. The brokerage says the stock's strong run has restored its valuation to historical norms, leaving scant upside from recent levels. UBS also trimmed revenue and adjusted EPS forecasts for fiscal 2025-27 and highlighted ti…
ThriveCart will roll out ThrivePay Installments later on Wednesday, a feature that lets customers divide purchases into 3, 6, or 12 monthly payments by using available capacity on their existing credit cards rather than creating new loans. The company says the product targets both one-time digital and physical purchases as well as subscriptions, an…
GE Vernova on Wednesday raised its revenue outlook for 2026 to a range of $44 billion to $45 billion, topping the average analyst estimate of $41.97 billion. The company reported a 34% jump in quarterly orders to $59.3 billion and saw sizable gains in core profits for its electrification and power segments, driven by rising demand from data centers…
On Jan. 28, Eikon Therapeutics filed to pursue a U.S. initial public offering that would value the company at as much as $908.2 million and raise up to $317.7 million by selling 17.65 million shares at $16 to $18 apiece. The Millbrae, California-based drug developer is advancing a cancer pipeline led by EIK1001, being evaluated in combination with …
Bank of America reported that its clients were net buyers of U.S. equities last week for the first time in eight weeks, with single-stock inflows driving the shift. Buying was widespread across client categories, sector flows favored Communication Services and Technology, and ETF activity was mixed - equity ETF outflows contrasted with fixed-income…
UBS downgraded Finnish renewable fuels producer Neste to Neutral from Buy, citing a roughly 30% share-price rise over the past two months that it says already reflects a more favorable regulatory backdrop. The broker lifted its price target modestly but says upside from current levels appears limited, and expects mixed near-term results as maintena…
Walmart has reclassified 3,000 pharmacy technician positions to operations team lead roles, raising the average hourly pay for those roles and expanding top-end wage eligibility for pharmacy technicians as it grows digital healthcare services and delivery options across its 4,600 stores. The move coincides with competitive pressure in the pharmacy …
AT&T said it expects 2026 adjusted earnings per share to exceed analyst forecasts, attributing the upbeat outlook to planned network investments including the acquisition of Lumen’s consumer fiber assets and EchoStar’s spectrum licenses. The company reported healthy fiber and wireless additions in the fourth quarter and will consolidate 5G and fibe…
Stellantis said it will step up price reductions on new cars in France, accelerating a program that began in late 2025. The move, announced by the head of Stellantis France, aims to rebuild vehicle sales volumes in the company's largest European market, with discounts already applied to several small car models.
Texas Instruments shares climbed 7% in premarket trading after the company issued a first-quarter outlook that topped estimates, driven by robust analog chip sales tied to AI data center buildouts. Analysts highlighted potential multi-year support from data center demand, while others warned that elevated capital spending and broader market headwin…
RBC Capital Markets downgraded Banco Bilbao Vizcaya Argentaria (BBVA) to Sector Perform from Outperform, citing a stretched valuation despite strong operating metrics. The brokerage raised its price target to €19.75 but sees limited upside from current levels and shifted its preference to Banco Santander (SAN).
Wells Fargo's wealth and investment management division has cut ties with the proxy advisory firm Institutional Shareholder Services (ISS) and will shift to making voting decisions on shareholder proposals using a newly developed in-house process. The move follows similar recent changes among large asset managers and comes amid intensified scrutiny…
Walmart has reclassified 3,000 pharmacy technician roles into operations team lead positions and raised average hourly pay from $22 to $28. The move, which also makes technicians eligible for wages up to $40.50 and gives team leads potential pay up to $42 an hour (excluding bonuses), is part of a broader expansion of the company's digital and pharm…
Eikon Therapeutics has filed for a U.S. initial public offering that would value the company at as much as $908.2 million. The Millbrae, California-based drug developer plans to sell 17.65 million shares at $16 to $18 apiece, aiming to raise up to $317.7 million and list on the Nasdaq under the symbol EIKN as the biotech IPO pipeline gains momentum…
U.S. stock index futures moved higher in early trading as gains in semiconductor names bolstered sentiment. Investors prepared for quarterly results from major technology companies tied to the AI trade and awaited a Federal Reserve policy decision widely expected to keep rates unchanged. Strong sector-specific reports from chipmakers in Asia and Eu…
Since the U.S. health secretary urged manufacturers to remove artificial colors from foods, many major brands have taken piecemeal steps: a handful have set concrete timetables, several have softer commitments, and others are experimenting with dye-free lines while not promising full removal. Industry leaders point to cost, sourcing and potential s…
New advertising-tracking data indicate Novo Nordisk spent roughly $487 million promoting Wegovy and Ozempic in the United States from January through September 2025, outpacing Eli Lilly's estimated $214 million for Zepbound and Mounjaro over the same period. The surge in spending follows improved supply after shortages in 2024 and comes amid a shif…
United Parcel Service said it will reduce its workforce by as many as 30,000 employees and close 24 facilities in 2026 as part of a continued shift away from low-margin Amazon deliveries. The company reported fourth-quarter results that exceeded Wall Street estimates and forecast higher full-year revenue for 2026, while signaling a near-term dip in…
Stellantis France will step up price reductions on new cars in 2026 to rebuild sales volumes in its largest European market, company officials said, while internal sources indicate the group’s new CEO is prioritising growth in vehicle deliveries over near-term profits. Executives cited targeted discounts on small models and brand repositioning as p…
Options traders have shifted decisively toward bearish positions on the U.S. dollar this week, driving up the cost of derivatives to buy other currencies to levels not seen in months. Three-month risk reversals for the euro surged to 1.38 percentage points, while sterling and the yen also reflected growing repositioning by market participants. Comm…
Intel shares climbed in premarket U.S. trading after a Taiwan-based supply-chain report said Nvidia plans to work with Intel on its Feynman GPU microarchitecture, expected in 2028. The report, citing supply-chain sources, also mentioned participation from Apple and detailed a split in manufacturing and packaging responsibilities between Intel and T…
Indian equity benchmarks ended higher on Wednesday, led by gains in Capital Goods, Oil & Gas and Public Sector Undertakings. The Nifty 50 climbed 0.66% and the BSE Sensex rose 0.60% as a broad swathe of stocks advanced. Market volatility, measured by the India VIX, eased nearly 7%. Precious metals and currencies saw notable moves alongside modest d…
Apple is poised to post its strongest iPhone unit growth in more than four years, fueled by demand for its premium Pro models and ahead of a rollout of AI-powered features built on Google’s Gemini. Market attention will also be fixed on how Apple plans to handle a global memory chip squeeze that could push up manufacturing costs and compress margin…
Shares of LVMH plunged in early trade after the group reported only 1% organic sales growth in the fourth quarter and signalled a cautious outlook. The drop in the luxury heavyweight rippled across the sector, with several major brands posting declines. Management highlighted ongoing volatility in demand and currency headwinds despite brighter sign…
