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.
14,569 total articles
Software stocks rose for a seventh consecutive session Tuesday, driven primarily by strength in cybersecurity names. The iShares Expanded Tech-Software Sector ETF increased 2.6%, its longest run of gains since January 2025. Cloud computing and IT services firms also recorded gains, even as the ETF remains down 17% year-to-date amid worries about AI…
Norwegian equities closed higher on Tuesday, driven by advances in Healthcare Equipment & Services, Pharma Biotech & Life Sciences and Utilities. The Oslo OBX rose 0.70% as winners outnumbered losers and energy commodities and FX showed modest moves alongside the session's stock performance. Key individual movers included Nel ASA, Hafnia Ltd and Eq…
Greece's main equity index closed marginally lower on Tuesday, with losses concentrated in the Telecoms, Household and Basic Resources sectors. The Athens General Composite fell 0.01% at the close. Market breadth was mildly positive, with more advancing issues than decliners. Several individual stocks recorded notable moves, while commodities and c…
Bank of America has identified five U.S. semiconductor companies as its top picks, assigning price targets anchored to forward earnings multiples that reflect market positions, growth prospects and company-specific risks. The selections emphasize firms tied to AI computing infrastructure, networking solutions and custom chip design, with targets la…
Yesway Inc., a gas station and convenience store operator, is anticipated to price its initial public offering in the marketed range of $20 to $23 per share on Tuesday. The offering is reported to be roughly 10 times oversubscribed with multiple long-only anchor-type orders, and shares are slated to trade on the Nasdaq under the ticker YSWY. A synd…
Trading on Tuesday produced wide swings across market-cap ranges. UnitedHealth surged after new rural hospital support programs were highlighted, Avis Budget led gains among large-caps, and several mid- and small-cap names jumped on earnings beats or corporate developments. Eli Lilly and Tractor Supply were among the larger decliners.
Lucid Group shares climbed about 12% on Tuesday after Uber disclosed it holds an 11.52% stake in the electric vehicle manufacturer following a $200 million investment announced last week. A regulatory filing shows Uber now owns roughly 37.8 million Lucid shares, making it the automaker's second-largest shareholder behind the Public Investment Fund …
Dar Al Balad Business Solutions Co., a Saudi IT services provider founded in 2001, is moving ahead with an initial share sale on the kingdom’s exchange. A shareholder plans to offer 21 million shares - a 30% stake - in an institutional book-building scheduled for April 26-30, arranged by AlJazira Capital and Emirates NBD. The sale is expected to ra…
Goldman Sachs initiated coverage of Dynatrace and Elastic, assigning a buy rating and $45 price target to Dynatrace and a neutral rating with a $50 target to Elastic. Analyst Matthew Martino argues that AI is intensifying the strategic role of machine data, favoring platforms that can scale compute and move from monitoring to autonomous remediation…
Avis Budget Holdings climbed to an all-time share price high after a dramatic run in April driven largely by a short squeeze. With more than four-fifths of the free float reported shorted and two large holders controlling the bulk of outstanding shares, technical dynamics have amplified price moves even as analysts flag underlying fundamentals and …
Anthropic is preparing to extend access to its Mythos artificial intelligence model to banks in Europe and the UK, according to people familiar with the matter. The move follows an initial distribution of the model to a cohort of U.S. financial institutions and infrastructure partners. Regulators and policymakers have raised cybersecurity warnings …
UBS is advising investors to concentrate on individual copper producers with identifiable catalysts and valuation upside rather than adopting a broad sector stance, as copper prices rally to near-record levels. While the bank retains a constructive structural view on copper driven by supply constraints and energy transition demand, it warns that ne…
The Pentagon released further details of President Donald Trump’s $1.5 trillion fiscal 2027 defense request, marking the biggest annual increase in U.S. defense spending since World War II. The proposal creates a new 'presidential priorities' line for Golden Dome missile defense, drone dominance, AI and data infrastructure, and the defense industri…
OpenAI is broadening its collaboration with major global consulting firms and launching Codex Labs, a program that places OpenAI specialists inside client organizations to support integration of its Codex coding tools. The company named a set of global systems integrators for deployment support as it concentrates resources on core products amid mou…
President Donald Trump told CNBC he does not object to airline consolidation in general but is opposed to a merger between United Airlines and American Airlines, and said he would welcome a buyer for Spirit Airlines, which is in bankruptcy. United CEO Scott Kirby had discussed the possibility of combining with American in a February meeting with th…
National Healthcare Properties Inc. is receiving buy orders at $12 per share for its initial public offering, below the previously marketed range of $13 to $16. The offering has drawn interest from long-only managers and sector-focused investors and is reported to be multiple times oversubscribed. The deal is scheduled to price after the New York m…
Shares of Hims & Hers Health (HIMS) fell 6% after Amazon launched a weight management offering through Amazon One Medical that bundles GLP-1 medications with primary care, pharmacy and virtual care services. The program includes structured consultations, follow-up and monitoring, and lists both oral and injectable GLP-1 options with specified cash-…
On April 21, the federal consumer finance agency finalized a rule that eliminates enforcement of disparate-impact requirements for the lending sector under the 1974 Equal Credit Opportunity Act. The change, issued via a notice in the federal register, implements a directive from President Donald Trump and preserves prohibitions on explicit, intenti…
A sharp escalation in jet fuel costs tied to the U.S.-Israeli conflict with Iran has prompted airlines globally to adjust fares, reduce capacity and alter revenue assumptions. Fuel, which can account for up to 25% of airline operating costs, has risen from roughly $85-$90 per barrel to between $150 and $200 in recent weeks. Carriers have responded …
Wall Street analysts broadly received Amazon’s expanded, $100 billion, 10-year AWS commitment to Anthropic as a strong endorsement of the company’s Trainium strategy. Analysts highlighted sizable potential revenue contributions, new product integrations on AWS, and the deal’s role alongside other anchor tenants in underpinning Amazon’s large cloud …
American Airlines Group shares declined about 1% on Tuesday after President Trump publicly opposed a potential merger between American Airlines and United Airlines. Speaking on CNBC, the President said he does not favor a combination of the two carriers, while noting that both are currently doing fine. Industry consolidation has been the subject of…
A confidential prospectus filed this month outlines SpaceX's plan to issue super-voting shares that will hand Elon Musk and a small group of insiders outsized control after the company's planned initial public offering. The filing details corporate governance, executive pay, and provisions that could limit shareholder actions, while setting an ambi…
Large-scale cancellations and extended suspensions by airlines worldwide continue to strain the global aviation system after the Iran war forced the closure of key Middle Eastern hubs. Carriers across Europe, Asia, North America and the Middle East have altered schedules through dates ranging from May to October, affecting passenger and cargo opera…
HSBC upgraded Intel to Buy from Hold and set a Street-high $95 price target, citing an underappreciated server CPU-driven growth opportunity that the bank expects will lift revenues and margins for the company’s Data Center and AI segment above current consensus forecasts. The analyst projects strong shipment growth, significant ASP gains in a supp…
President Donald Trump told CNBC that Anthropic is 'shaping up' and indicated he is open to a deal that could permit the AI company to resume contracting with U.S. defense officials. Trump ordered federal agencies in February to blacklist Anthropic, citing the company's Mythos system as a supply chain risk; the company disputes that assessment and …
