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.
30,184 total articles
London's Court of Appeal has granted Visa and Mastercard permission to appeal a Competition Appeal Tribunal decision that found their default multilateral interchange fees charged to retailers infringed European competition law. The ruling follows linked lawsuits by hundreds of merchants and was described by the merchants' lawyers as a first findin…
Managers of collateralized loan obligations are increasingly reducing positions in software-related loans, selling paper at discounts and prompting wider spreads across CLO tranches. The move follows a sharp pullback in software equity and credit earlier this year tied to concerns over AI disruption, and has prompted CLO managers and credit analyst…
Piper Sandler has begun coverage of the Web Builders category and designated Shopify as its top choice. The firm assigns an Overweight rating and a $165 price target, citing three principal drivers: constructive cohort trends that could support higher estimates, significant untapped payments opportunity, and Shopify's movement upmarket. While the b…
Trading on Tuesday produced sharp swings across market-cap groups. Healthcare mega-cap Eli Lilly fell after a downgrade centered on the obesity market, while Tencent Music plunged on quarterly results that missed expectations. Payment, travel and select technology and energy stocks recorded notable gains, leaving the session broadly mixed.
Stifel reaffirmed its Buy rating on Tesla and assigned a $508 price target, pointing to higher-than-expected fourth-quarter gross profit and expanding margin performance. The firm highlighted progress in Full Self-Driving and Robotaxi programs, a near-1.1 million paid FSD user base, substantial planned capital expenditure in 2026, and macro scenari…
Joe Kent stepped down from his role as Director of the National Counterterrorism Center, submitting a resignation letter to President Trump in which he said he could not back the ongoing war in Iran. In the letter, Kent argued Iran posed no imminent threat to the United States, blamed pressure from Israel and its American lobby for the conflict, an…
U.S. government officials are preparing settlement agreements that would cancel two federal offshore wind leases held by TotalEnergies and provide the company with nearly $1 billion in compensation. Under the draft terms, the Department of the Interior would revoke leases for projects off New York and North Carolina, and the Department of Justice w…
Intuit argues it is insulated from broad AI disruption in software because customers seek confidence and human interaction when making financial decisions. The company paused pre-scheduled insider stock sales, called its current share price misaligned with fundamentals, and said it will accelerate repurchases using up to $3.5 billion remaining unde…
HSBC downgraded Eli Lilly to Reduce in a Tuesday note led by Rajesh Kumar, cutting the price target to $850 from $1,070. The bank says market expectations for the obesity drug opportunity are too optimistic and outlines three key concerns: an inflated total addressable market, pressure from future price cuts and competition, and overly high expecta…
Intercontinental Exchange has introduced ICE Private Credit Intelligence, a technology-driven platform intended to let market participants share standardized deal information securely. The tool extracts key terms from deal documents and will add analytics over time, aiming to address investor unease about valuations and limited visibility in the pr…
Janus Henderson Group shares rose 2.5% in pre-market trading after Victory Capital Holdings lodged an improved acquisition proposal. The amended bid combines a $40.00 per-share cash payment with a fixed exchange ratio of 0.250 Victory Capital shares for each Janus Henderson share, implying a 31% stake in the combined business and total consideratio…
Kraft Heinz will introduce a high-protein Mac & Cheese product called PowerMac in April as part of CEO Steve Cahillane's efforts to restore performance after the company halted plans to split. The line, available in two flavors, offers 17 grams of protein and 6 grams of fiber per serving and will be sold at major retailers for $2.99 per 7.25-ounce …
OpenAI has reached an agreement with Amazon Web Services to market its AI offerings to U.S. government employees for both classified and unclassified tasks, according to two people with direct knowledge of the arrangement. The partnership extends OpenAI's federal reach beyond a recent Defense Department contract and leverages AWS's existing relatio…
Qualcomm said its board authorized a new $20 billion stock repurchase program effective immediately and raised its quarterly dividend from $0.89 to $0.92 per share, lifting the annualized payout to $3.68. Shares climbed more than 2% in pre-market trading following the announcement. The new repurchase authorization supplements an existing program fr…
BofA Securities has shifted to a constructive stance on European IT services, citing a proprietary sector indicator that has risen for eight consecutive months on a six-month moving average. The bank forecasts a gradual top-line recovery through 2026 following two years of negative growth and identifies Capgemini, Netcompany, Sopra Steria and Kaino…
Corporate insiders disclosed a range of notable stock transactions on Monday, including a $4.9 million direct purchase of Vail Resorts shares by CEO Robert A. Katz, a $9.17 million acquisition of Alkami Technology shares by General Atlantic entities, and multiple large sales by executives at Natera, Vicor, Phillips 66, BridgeBio and United Therapeu…
Futures tied to Canada’s main equity gauge rose modestly as oil prices remained north of $100 a barrel amid continued hostilities in the Middle East. Investors are weighing the inflationary implications of constrained energy supplies ahead of a slate of major central bank interest rate decisions, while U.S. futures and select corporate results and …
Amplifon shares plunged to multi-year lows after the company unveiled a €2.3 billion acquisition of GN Store Nord’s hearing unit and followed a disappointing quarterly update that removed quantitative 2026 guidance. The planned transaction, funded by a mix of debt, equity and shares, and the earlier earnings miss have driven heavy selling and renew…
Allegiant Travel Company increased its adjusted first-quarter earnings per share guidance to $3.25-$3.75 from $2.50-$3.50, citing demand that exceeded its prior expectations. The company simultaneously raised its first-quarter fuel cost estimate to about $3.00 per gallon from $2.60, and shares rose 6% on the update.
A regulatory filing made public on Monday details that Warner Bros. Discovery CEO David Zaslav could collect as much as $887 million if the company's agreed sale to Paramount Skydance closes. The payout package is comprised of cash severance, vested equity, unvested share awards that accelerate at closing, and large estimated tax reimbursements tha…
Saudi Arabia's primary equity gauge, the Tadawul All Share, finished Tuesday's session up 0.55%, with strength concentrated in Media & Publishing, Energy & Utilities and Real Estate Development sectors. Several individual stocks recorded double-digit swings in percentage terms, while one insurer fell to a five-year low. Oil and other commodity pric…
Commodity trading advisers (CTAs) have reduced global equity exposure by about 75% since the onset of the Middle East conflict, bringing their positions close to neutral, UBS strategist Nicolas Le Roux says. The bank's modelling indicates the pace of further selling should slow, particularly in U.S. large caps, even as CTAs have room to sell more. …
Jana Partners has urged Six Flags Entertainment to open discussions with potential buyers and to appoint a new chair of the board, citing worries about the board's ability to act in shareholders' interests. The activist investor reiterated support for the new CEO but said continued board dysfunction and strategic missteps warrant leadership changes…
J.P. Morgan has started coverage of Swiss semiconductor sub-system supplier Comet Holding with an overweight rating and a December 2027 price target of CHF335, implying roughly 35.2% upside from the prior close. The bank’s thesis emphasizes market share gains from Comet’s Synertia RF power generator and company cost restructuring, forecasting subst…
Academy Sports and Outdoors reported fourth-quarter results that missed analyst estimates on both adjusted earnings per share and revenue, citing a continued decline in comparable store sales. The retail chain delivered adjusted EPS of $1.97 versus a $2.05 consensus, and revenue of $1.72 billion against expectations of $1.75 billion. Management iss…
