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.
14,584 total articles
Norfolk Southern reported a decline in first-quarter adjusted earnings as climbing fuel costs, elevated operating expenses and adverse weather hit margins. Railway operating revenue held near $3 billion while volumes slipped 1%, and the company’s efficiency metric deteriorated by 80 basis points year-on-year.
Pakistani officials report that Iran's top diplomat, Abbas Araghchi, is expected to visit Islamabad by this weekend with a small government delegation, potentially arriving as early as Friday. Pakistan is mediating ceasefire talks between the U.S. and Iran as uncertainty persists over recent truces and disruptions in the Strait of Hormuz have pushe…
UBS launched coverage of Fuchs SE with a 'buy' recommendation and a €44 price target, citing an earnings and sales outlook closely tied to its oil-price base case of $86 per barrel. The bank projects mid-single-digit organic growth in FY26, anticipates near-term margin pressure linked to crude-driven feedstock costs, and models recovery in margins …
Meta Platforms has agreed to deploy Amazon Web Services’ Graviton5 central processing unit chips across its infrastructure. The multi-year arrangement, described by an AWS executive as worth billions, will involve "tens of millions of cores" of Graviton processors. The move underscores a broader shift in compute strategy as GPUs remain essential fo…
Lakewood-Amedex Biotherapeutics saw its stock climb 20% when it began trading on the Nasdaq Capital Market under the ticker LABT. The clinical-stage company, advancing the Bisphosphocin class of antimicrobials and lead topical candidate Nu-3 for infected diabetic foot ulcers, plans an initial Phase 2a safety and dose-response study followed by a pl…
Eli Lilly stock slid about 2% after weekly prescription figures displayed mixed trends within the company's GLP-1 lineup. Mounjaro posted a slight increase in both total and new prescriptions week-over-week, while Zepbound edged lower in total scripts but rose in new prescriptions. The broader GLP-1 category expanded roughly 32% year-over-year. Fou…
UBS holds an optimistic stance on global equities, pointing to a constructive macro environment, expected Fed rate easing, easing tariff headwinds, supportive fiscal measures and a manufacturing recovery as foundations for broad-based earnings growth. The firm projects 12% EPS growth for the MSCI AC World Index this year and highlights sector and r…
Shares of Advanced Micro Devices climbed 12% and Arm Holdings rose 8% as investors reacted to signs that AI workloads are shifting demand toward central processors. The move gained momentum after Intel posted robust quarterly results and surged 27%, and analysts outlined large changes in CPU-to-GPU ratios across training, inference, and agentic AI …
U.S. stock futures were largely rangebound early Friday as investors balanced limited progress toward a U.S.-Iran peace deal against a fresh round of corporate earnings. At 06:07 ET (10:07 GMT) the Dow futures contract was down 161 points, or 0.3%, S&P 500 futures were unchanged, and Nasdaq 100 futures were up 185 points, or 0.7%. Individual compan…
HCA Healthcare reported first-quarter adjusted earnings slightly above analysts' expectations, driven by continued demand for non-urgent procedures. The company said, however, that it did not see a typical seasonal uptick in volumes tied to flu season, with respiratory-related admissions and emergency room visits down substantially year-over-year. …
UBS upgraded Neste to a 'buy' rating from 'neutral' and lifted its price target to €31 from €29, arguing that recent diesel strength and regulatory tailwinds for biofuels are not fully reflected in the stock. The broker's analysis points to materially higher Renewable Products margins versus market expectations, with U.S. and European policy change…
SLB reported a decline in first-quarter profit after disruptions tied to the Iran conflict reduced demand for oilfield services across the Middle East and Asia. The company said revenues in the region fell 10% to $2.69 billion and total quarterly revenue was $8.72 billion. Net income attributable to the company was $752 million, or 50 cents per sha…
Morgan Stanley's Consumer Staples Commodity Cost Index declined 5% year-over-year through April 17 while rising 3% from March. Sharp gains in petrochemical and oil prices contrast with lower costs for select agricultural items. The index remains roughly 40% above pre-Covid averages, and Morgan Stanley projects modest 2026 cost pressures across stap…
Procter & Gamble reported stronger-than-expected quarterly sales driven by higher-priced hair and skincare launches, while warning that the Middle East conflict will shave roughly $150 million off fiscal 2026 after-tax profit through higher commodity, feedstock and logistics costs. The consumer goods giant held FY26 earnings-per-share guidance at t…
BYD is equipping more models with second-generation batteries capable of charging from 20% to 97% in under 12 minutes and is planning a rapid rollout of flash-charging stations at home and abroad. The move is intended to address range anxiety among petrol-car holdouts and to reinforce a competitive edge as domestic sales slow amid intense rivalry a…
Shares of several gambling companies moved lower after MoffettNathanson downgraded DraftKings and Flutter Entertainment from Buy to Neutral. DraftKings fell 1.49% and Flutter dropped 0.80%, while peers showed mixed reactions as the firm cited that valuations alone no longer justify Buy ratings after prolonged share retreats.
Vietjet Air is set to receive the first A330neo from a 20-aircraft order placed last year, a step the carrier says is critical to launching direct services to Europe. The airline is also pursuing a broader strategy to develop Ho Chi Minh City into an Asia-Pacific hub for aviation finance, while continuing to deploy Chinese-made aircraft on select r…
UK stock indices declined on Friday and are poised to end the week in the red as diminishing prospects for a quick resolution to the US-Iran conflict and a Bank of England warning on global equity risks pressured markets. The FTSE 100 fell 0.6% to 10,391.16 by 1005 GMT, while the FTSE 250 dropped 1.1%. Rising crude prices hit travel and leisure sto…
Citi remains constructive on UK domestic banks while forecasting a softer first quarter for net interest income due to a lower day count and compressing mortgage margins. The broker expects quarter-on-quarter NII declines at Barclays and Lloyds, with NatWest broadly flat, and anticipates a rebound from the second quarter as volume dynamics and hedg…
Bank of America strategists led by Michael Hartnett are flagging five priority trades for the second quarter: curve steepeners, China exposure, consumer cyclicals, semiconductor stocks and commodities. The team says markets are already pricing a return to a nominal economic boom, driven by political and geopolitical shifts, and points to strong por…
Porsche will divest its holdings in the hypercar joint venture Bugatti Rimac and a minority position in Rimac Group to a consortium led by HOF Capital and investors including BlueFive Capital. The move comes as Porsche refocuses on its core business amid plunging margins and a sharp drop in operating profit.
Equity benchmarks in India ended the session lower, with the Nifty 50 down 1.14% and the BSE Sensex 30 falling 1.27%. Weakness in Technology, Real Estate and Consumer Durables stocks drove broad declines, while select commodity names and banks posted gains. Volatility, measured by the India VIX, climbed and currency and commodity markets posted mix…
SAIC Motor Corp.'s MG unit is considering building an electric-vehicle assembly plant in Spain to serve the European market, a move that would reduce tariffs on imports from China. The plan has not been finalized and important details - including investment amount, output capacity and timing - remain under discussion. Choosing Spain would likely ru…
A national poll of 4,557 U.S. adults finds widespread concern about pesticide use in food production and substantial opposition to protecting manufacturers from lawsuits alleging their products cause cancer. Those results add political and reputational pressure as Bayer asks the U.S. Supreme Court to curtail state-law claims linked to its Roundup w…
SpaceX is pitching an ambitious shift from an aerospace and satellite operator toward an AI-first company, but offering documents show that the firm is funding that pivot primarily with revenue from its Starlink satellite broadband unit. Starlink doubled operating income to $4.42 billion last year and covered losses in SpaceX’s space division, whil…
