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.
30,181 total articles
Elf Beauty raised its full-year sales and profit guidance after reporting a strong quarter driven by demand for its affordable makeup, skincare and new haircare offerings. The company highlighted its $10-or-less pricing mix, tested tactical price reductions on part of its range to stimulate volume, and cited a significant tariff refund contribution…
Western Digital reported fiscal fourth quarter results that topped analyst estimates on both earnings and revenue, and provided first-quarter fiscal 2027 guidance above consensus. The company also disclosed full-year fiscal 2026 results showing substantial year-over-year growth and declared a quarterly cash dividend. Despite the beat and raised out…
AppLovin reported sharply higher profit and cash flow for the quarter ended June 30, but a revenue miss and guidance that fell marginally short of analyst forecasts sent the stock down about 20% on the news. While adjusted EPS, net income, EBITDA and free cash flow all rose substantially year-over-year, the company’s revenue came in under estimates…
Duolingo reported stronger-than-expected engagement metrics for the second quarter and raised its DAU growth outlook, but projected third-quarter revenue that fell short of analysts' estimates. Management said it is focusing on expanding daily active users rather than near-term monetization, a strategy that weighed on the stock after hours despite …
Honeywell Aerospace cut its 2026 organic sales-growth forecast and reduced its annual adjusted earnings-per-share outlook after supply-chain bottlenecks compelled the company to divert production toward aircraft OEMs and domestic defense programs, weighing on aftermarket margins and quarterly profitability.
Chime boosted its 2026 revenue growth forecast and reported stronger-than-expected second-quarter results driven by higher payments and membership engagement, even as long-serving CFO Matt Newcomb prepares to leave and the company trims staff by 10%. The fintech’s active member base and average revenue per user both expanded, and the company posted…
Etsy Inc. plans to eliminate roughly 220 positions, representing about 12% of its workforce, primarily within product and engineering, as part of a restructuring disclosed in a U.S. Securities and Exchange Commission filing. The company's leadership framed the changes as a move to improve coordination and speed of decision-making rather than a cost…
BOA Acquisition Corp. II completed an initial public offering of 14,375,000 units at $10.00 per unit, generating $143.75 million in gross proceeds. The offering included the full exercise of the underwriters' over-allotment option. Units began trading on the Nasdaq Global Market under the ticker THEOU on Aug. 4, 2026, and the company said it will p…
Sweetgreen stock climbed 6.4% in afternoon trading to $6.08 as investors accumulated shares ahead of the company’s Q2 2026 earnings, due after the market close on Thursday, August 6, 2026. Analysts expect an EPS loss of $0.10 and about $194 million in revenue for the quarter. With a significant portion of the float sold short and analyst price targ…
Yum! Brands stock climbed in afternoon trading after the company reported better-than-expected Q2 results and management signaled that Taco Bell sales are recovering. The rally comes amid an expanding cyclosporiasis outbreak linked to iceberg lettuce served at Taco Bell, a public health issue now spanning 15 states with Michigan reporting over 12,0…
Ares Management is leading a $2.2 billion direct loan to fund MedImpact Holdings Inc.'s acquisition of Puerto Rico-based Medical Card System, Inc. The debt would carry a premium of at least 8 percentage points above the benchmark rate, be secured as second-lien, and remains subject to ongoing negotiations. Ares Class A shares fell 2.3% on Wednesday…
Sandisk Corporation’s upcoming earnings release is expected to reverberate through the memory and storage sector. Investors are watching Micron Technology, Western Digital and Seagate closely because Sandisk’s numbers act as a barometer for NAND pricing and storage demand. Pre-market moves already show sharp declines for several names, underscoring…
Citi analyst Ronald Josey elevated Ethos Technologies (LIFE) to the top of his small and mid-cap rankings after the company reported second-quarter results that materially outpaced expectations. Ethos posted strong growth in activated policies and revenue, raised its 2026 revenue and adjusted EBITDA guidance, and saw a notable after-hours share mov…
Meta Platforms has introduced Muse Code in beta, a terminal-focused coding agent powered by Muse Spark 1.2. The system plans changes, generates code and validates outcomes while maintaining persistent background agents that build session context. For larger tasks it spawns parallel sub-agents working in isolated worktrees. Meta says Muse Code can b…
Alphabet A (GOOGL) posted a decisive bearish candle on the 5-hour chart, formed on the session's highest selling volume (29.5M). The move threatens the V-shaped recovery’s backbone near $361.84, with immediate support at $348.50 and a key neutral band between $355.73 and $362.00. Traders face a bifurcation: reclaim and hold above $362.00 to favor b…
S&P Global Ratings upgraded Kinross Gold Corp. to 'BBB' from 'BBB-' and raised the issue-level rating on its unsecured debt, assigning a stable outlook. The upgrade reflects improved adjusted credit metrics driven by robust cash flow from elevated gold prices and a marked reduction in funded debt. S&P projects Kinross' net cash position to exceed $…
Moody’s Ratings adjusted Newell Brands Inc.'s outlook from negative to stable while affirming the company's B1 Corporate Family Rating and related debt ratings. The agency also assigned a B2 rating to Newell’s proposed $500 million senior unsecured notes due 2031, which the company intends to use to redeem its $500 million notes maturing in 2027. M…
Private investment firm Aurelius has entered exclusive negotiations to acquire Hain Daniels, the European division of Hain Celestial, which owns consumer food brands including Ella's Kitchen and Linda McCartney's. No deal is finalized and the sale process follows a sharp fall in Hain Celestial's share price and the appointment of advisers earlier i…
The recent sell-off across software stocks has shifted investor focus from growth at any cost to cash generation and AI leverage. Adobe Inc and Intuit Inc rank among the largest fair-value opportunities, with estimated upsides north of 59% and 61% respectively, while Teradata Corporation posts a 70% one-year return despite shrinking revenue. The do…
Phillips 66 reported a near fourfold increase in second-quarter net income driven by sharply higher refining margins as the Middle East conflict tightened global fuel supplies. The company posted $3.85 billion in net income and saw refining adjusted earnings leap to $3.09 billion, while realized margins more than doubled to $24.08 per barrel year-o…
Palantir’s market valuation sits well above typical high-growth software peers: a forward P/E of 95.4x, a price-to-sales of 108.74x and a price-to-book of 64.3x. Discounted cash flow and peer-based fair value analyses indicate roughly a 25% downside from current levels, even as revenue, EPS and profitability forecasts remain strong.
A UK competition tribunal has ruled that a proposed class action on behalf of hundreds of thousands of British businesses can proceed against Google. The Competition Appeal Tribunal dismissed Google's attempt to strike out the case, finding the collective proceedings meet the legal threshold. The claim, represented by academic Or Brook, covers an e…
Eli Lilly reported a striking Q2 2026 performance, with revenue of $22.97 billion and adjusted EPS of $8.38, both substantially ahead of analysts. Management lifted full-year revenue guidance to $85 billion-$87 billion, and the GLP-1 portfolio accounted for the majority of the quarter's sales. The stock climbed intraday as investors digested the be…
Over recent days, sophisticated cyber intrusions involving phone-based social-engineering tactics targeted several large Wall Street financial services firms, including major hedge funds and private equity managers. Point72 Asset Management notified investors it had been attacked but said no customer information was stolen. Other firms named by sou…
The U.S. Department of Justice has told officials it intends to withdraw a 1987 letter that had clarified antitrust concerns related to proxy advisory firms. The action comes as consolidation in the industry and political criticism of the firms' influence - particularly around environmental, social and governance (ESG) recommendations - have drawn …
