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.
28,527 total articles
Unity Software shares moved higher after a report said the company is weighing strategic options for its China operations, including a possible sale. Sources said Unity has engaged an adviser to solicit interest and may seek a valuation in excess of $1 billion, though talks are ongoing and may not produce a deal. A company representative did not im…
Relatives of victims from a fatal mid-air collision and lawmakers urged the U.S. House of Representatives to move forward with the ROTOR Act, a bill that would require aircraft operators to install automatic dependent surveillance-broadcast (ADS-B) systems by the end of 2031 and direct routine military training flights to use ADS-B, while exempting…
Moody's Investors Service has upgraded Wyndham Hotels & Resorts' senior secured bank credit facility ratings to Baa3 from Ba1 following a planned $650 million senior unsecured note issuance that reshapes the company's debt mix. The ratings firm left Wyndham's Ba1 corporate family rating and Ba2 senior unsecured rating intact, assigned Ba2 to the ne…
Wolfe Research cautioned that investors could be banking on an overly aggressive pace of artificial intelligence spending even as market volatility remains elevated. The firm said recent trading behavior shows investors quickly penalize industries on minimal headlines and highlighted uncertainty over whether hyperscalers can sustain the rapid capit…
Morocco's benchmark All Shares index closed lower on Tuesday, finishing down 0.37% in Casablanca after pressure from the Utilities, Banking and Mining sectors. Market breadth favored decliners, while selected large-cap names posted mixed results. Global commodity prices and local exchange rates also moved during the session.
Shares of Samsung Electronics jumped 3.63% in South Korea as analysts attributed the rise to strengthening memory prices and sustained demand from AI infrastructure. Major brokerages raised price targets and outlined models that see substantial earnings, margin and valuation upside if memory pricing endures and capacity remains tight.
California’s attorney general has requested a preliminary injunction against Amazon, alleging the company pressured third-party sellers to avoid offering lower prices on rival sites and used access to its Buy Box as leverage. The filing seeks to stop the conduct during litigation and to have a monitor enforce compliance; Amazon says its arrangement…
Norwegian equities closed higher on Tuesday, with the Oslo OBX up 0.22% as gains in Healthcare Equipment & Services, Pharma Biotech & Life Sciences and Utilities supported the market. Frontline and Cmb.Tech were among the session's top performers, while Storebrand, DnB and Norwegian Air Shuttle lagged. Market breadth favored decliners and several c…
Shares on the Tel Aviv bourse closed lower on Tuesday, driven by falls in the Insurance, Financials and Real Estate sectors that pushed the TA 35 down 1.75%. A small group of stocks posted gains, while the majority of listings finished in the red; commodities and currency markets also showed modest movement.
Greece's stock market closed lower on Tuesday, with the Athens General Composite falling 0.64% as losses in the Banking, Telecoms and Household sectors pushed the benchmark down. A smaller set of industrial and property names outperformed, while market breadth favoured decliners. Key commodity and currency benchmarks also moved lower or were largel…
Wedbush analysts argue that demonstrations of AI agents, such as Anthropic's Claude Cowork, highlight model capabilities but do not equate to replacement of entrenched enterprise software platforms. While AI can accelerate tasks and shorten project timelines, the firm says workflow orchestration, compliance, integrations, uptime guarantees and ente…
Anthropic, a San Francisco-based AI lab, announced 10 new plug-ins aimed at business customers to integrate its technology into investment banking, wealth-management and human-resources workflows. The release came after earlier announcements had pressured traditional software shares, and markets showed modest gains on the news. Portfolio managers a…
Thomson Reuters shares rose 12% following the company announcement that its CoCounsel AI platform has been adopted by one million professionals in 107 countries. The firm said CoCounsel is integrated across legal, tax, audit, compliance and global trade workflows, and highlighted forthcoming beta features for a next-generation CoCounsel Legal produ…
DA Davidson opened coverage of Rubrik with a Buy rating and a $65 price target, saying a recent share-price decline creates a favorable buying opportunity. The firm highlighted Rubrik's position in cyber resilience, growth opportunities in cloud and SaaS, and expanding security offerings as drivers for sustained revenue growth, even as operating ma…
Transport Canada issued certification for Gulfstream's largest business-jet models, the GVIII-700 and GVIII-800, after a U.S. presidential warning that Canada had improperly withheld approvals. The move completes approvals for models raised in the dispute after earlier clearance of the GVII-G500 and GVII-G600.
Equity trading on Tuesday produced a varied roster of winners and losers across market-cap tiers. Notable rallies included Advanced Micro Devices and IBM among mega-cap names, while certain financial and health care large-caps moved lower. Activity ranged from double-digit gains in a number of mid- and small-cap stocks to sharp pullbacks in other s…
Turkey's main stock index closed marginally lower on Tuesday, with declines centred in Sports, Transport and Textile & Leather sectors. While several names posted double-digit percentage moves, market breadth favoured decliners and commodities including gold and crude eased. Currency crosses showed minor shifts against the Turkish lira.
MiniMed Group, Medtronic’s diabetes division, is targeting a valuation of up to $7.86 billion in a U.S. initial public offering. The unit plans to sell 28 million shares at $25 to $28 apiece to raise as much as $784 million, and Medtronic expects to complete a split-off about six months after the IPO. The move reflects Medtronic’s broader portfolio…
A sharp drop in PayPal shares has prompted unsolicited takeover interest and prompted the company to meet with banks, according to reports. Analysts say a break-up is plausible at current valuations and identify likely bidders for the company or individual assets such as Braintree and Venmo, while others question whether a buyer exists for the full…
Spectrum by Charter Communications is guaranteeing new customers who move their internet and at least two mobile lines from AT&T, T-Mobile or Verizon will save $1,000 in their first year. If the customer’s first-year savings fall short, Spectrum will credit the difference over the year. The offer includes access to Fiber-Powered Premier Internet, S…
Waymo, a unit of Alphabet Inc., began offering commercial driverless ride-hailing in Dallas, Houston and San Antonio on Tuesday while also opening service in Orlando, Florida. The simultaneous multi-city launch marks the company's largest same-day expansion to the public; initial access will be limited to selected users who downloaded the Waymo app…
IBM stock climbed 4% on Tuesday after a sharp one-day decline, as analysts sought to counter worries that Anthropic's AI-enabled COBOL modernization could displace the company’s mainframe workloads. Several analysts reiterated positive ratings and price targets while highlighting factors that continue to support mainframe demand and IBM’s broader s…
Software equities regained footing on Tuesday after a string of partnership announcements tied to Anthropic's latest AI offerings suggested integration-focused adoption rather than outright displacement of existing software. Major software-related names and an ETF climbed as investors interpreted the news as a reduction in near-term disruption risk…
Shares of CPI Aerostructures (NYSE American: CVU) rose 5.8% on Tuesday after the company disclosed further orders from Lockheed Martin Aeronautics totaling $9 million. The work is tied to a previously announced Long Term Agreement and adds funding under an Indefinite Delivery, Indefinite Quantity contract, with shipments scheduled to continue throu…
Xcel Energy has agreed to provide power to Google’s forthcoming data center in Pine Island, Minnesota. The utility said the project will deliver 1,900 megawatts of new clean capacity to the grid - a mix of wind, solar and long-duration storage - with Google covering the project costs so existing customers are not charged.
