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.
14,537 total articles
Agios Pharmaceuticals stock dropped 25% after Novo Nordisk announced positive trial results for its experimental sickle cell therapy etavopivat. Novo reported a 27% reduction in vaso-occlusive crisis events and roughly a four-month delay to the first such event versus standard of care. Agios is pursuing an accelerated approval path with the FDA for…
Equity markets have seen pronounced moves in recent months, with large trading profits for investment banks amid Middle East-related volatility and a particularly strong performance in April for stocks identified by an AI-driven InvestingPro strategy. The service is offering a limited-time sale of up to 55% off, while multiple AI picks have produce…
The Federal Reserve’s vice chair for supervision, Michelle Bowman, has indicated to senior bank executives that regulators do not anticipate a repeat of last year’s intensive industry campaign to resist tougher capital requirements. Fed officials have circulated softened drafts of the "Basel III" and "GSIB surcharge" rules that the central bank say…
Goldman Sachs pushed back on negative market sentiment toward Apple ahead of the company's fiscal second-quarter results, arguing that recent share weakness overstates the risks. The bank models EPS of $2.00, above the Street consensus of $1.93, and expects outperformance in iPhone and Mac revenue, gross margins and Services growth. Goldman also hi…
GlobalFoundries shares climbed 8% on Monday after reports that United Microelectronics Corp. (UMC) plans to raise wafer prices in the second half of the year. UMC told customers the move reflects an evolving supply-demand balance and continued investment needs, while Morgan Stanley upgraded UMC and now models multi-year price increases tied to impr…
Global air travel continues to face major disruption after the Iran war prompted the closure of key Middle Eastern hubs, including Dubai, Doha and Abu Dhabi. Dozens of airlines have suspended or cancelled services to cities across the region and beyond, with disruption timelines stretching into May, June, July and in some cases October. Carriers ha…
Friday's Form 4 filings disclosed a mix of insider purchases across a range of issuers and sizeable share disposals tied to Magnetar-related entities at CoreWeave. Transactions included purchases by System1's CFO, a portfolio manager's stake in a CBRE infrastructure term fund, dividend reinvestment at Primoris, repeated buys at Spruce Power's share…
Tesla has received approval in the Netherlands for a supervised full self-driving (FSD) system to operate on city streets, the first such clearance in Europe. The move drew praise from early adopters who call it a safety advance and concerns from cycling groups and some city officials who worry the technology may struggle with the complexity of Ams…
Saudi Arabia's equity benchmark, the Tadawul All Share, ended the trading session down 0.85% as losses in Media & Publishing, Building & Construction and Energy & Utilities weighed on the market. Decliners outpaced advancers by a wide margin, with notable declines among healthcare, cable manufacturing and media groups. Meanwhile, oil benchmarks ros…
Futures tied to Canada’s primary equity gauge dipped Monday as renewed frictions between the United States and Iran undercut earlier optimism that the Strait of Hormuz had reopened to commercial traffic. U.S. futures also pointed lower, while oil surged and gold eased amid shifting assessments about the longevity of a potential ceasefire and confli…
UBS regards the European food and household and personal care (HPC) sector as attractive due to relatively low valuations, limited direct exposure to the Middle East and a strong capacity to transfer higher commodity costs to consumers. The broker singled out Reckitt Benckiser and Danone as its preferred stocks, while noting near-term risks includi…
Affiliates of Blue Owl Capital's real assets arm will buy Sila Realty Trust in an all-cash transaction valued at roughly $2.4 billion. The agreement prices Sila at $30.38 per share, a 19% premium to its April 17 closing price of $25.53. Sila owns 137 properties and three undeveloped land parcels across 65 U.S. markets; the deal signals further expa…
Anthropic has introduced Mythos, its most capable AI model to date, through a tightly controlled preview that reportedly uncovered "thousands" of significant vulnerabilities across major operating systems and web browsers. Access has been provided to large technology firms and over 40 organizations responsible for critical software infrastructure. …
UBS has downgraded BBVA from buy to neutral and lowered its 12-month price target to €20.5 from €22.3, citing constrained potential for further earnings upgrades and valuation rerating. The move follows modest downward adjustments to EPS estimates for 2026-2028 and heightened concern over Turkey's macro path after a sharp rise in oil prices. UBS no…
Barclays' survey of 100 chief information officers finds corporate IT budgets projected to grow 3.8% for the year, unchanged from the second half of 2025. The bank highlights rising AI-related spending, a lift in private cloud expectations, and a bifurcated corporate spending outlook by company size and region that benefits major cloud providers an…
U.S. equity futures moved lower Monday morning after renewed U.S.-Iran tensions raised doubts about a ceasefire set to expire later this week. Contracts on the Dow, S&P 500 and Nasdaq 100 were all down by roughly 0.5% to 0.6% by 07:30 ET. The premarket session featured mixed moves across sectors, with energy stocks edging higher as oil climbed, whi…
In Frankfurt on April 20, German labour union Verdi affirmed its position that Commerzbank should remain independent, responding to a renewed acquisition effort by Italy's UniCredit. UniCredit argued the German bank, in its current form, is not prepared for future industry challenges and presented measures it believes would strengthen Commerzbank's…
Morgan Stanley increased its price target on Intel to $56 from $41 and raised its 2027 earnings estimate, citing stronger server pricing and volumes. Despite the upgrade, the firm retained an Equal-weight rating on Intel due to concerns about the company's server roadmap and foundry ambitions. The bank prefers memory chipmakers Micron and SanDisk, …
Honeywell has agreed to divest its productivity solutions and services unit to Brady in an all-cash transaction valued at $1.4 billion. The sale, part of Honeywell’s broader effort to streamline operations ahead of a planned business split, covers a unit that supplies mobile computers, barcode scanners and printing solutions for warehouse and logis…
USA Rare Earth (NASDAQ: USAR) shares rose 6% Monday after the company announced a definitive agreement to acquire Serra Verde Group for about $2.8 billion. The purchase combines USA Rare Earth’s processing capabilities with Serra Verde’s producing Pela Ema rare earth mine and plant in Goiás, Brazil. The transaction comprises $300 million in cash an…
Fermi Inc. (NASDAQ:FRMI) saw its stock decline roughly 20% on Monday after co-founder Toby Neugebauer stepped down as Chief Executive Officer amid a broader management and governance reorganization the company is calling "Fermi 2.0." The board has appointed Lead Independent Director Marius Haas as Chairman, created an Office of the CEO to preserve …
Bernstein says markets have largely priced in a limited earnings hit from the ongoing Middle East war, with metals equities rebounding sharply even as the firm flags valuation risks across most mining names. Aluminium and thermal coal have seen the biggest supply-driven gains, while gold faces pressure from rising real yields despite continued stru…
Morgan Stanley analyst Erik Woodring recommends a tactical long position in Apple ahead of its upcoming earnings, projecting small upside for the March quarter and an in-line June quarter EPS driven by revenue resilience despite margin pressure from rising memory costs. The firm highlights supply checks, WWDC and a fall foldable iPhone launch as po…
Deutsche Bank downgraded Workspace Group from "buy" to "hold" and cut its target price to 400p from 480p after the flexible office operator's fourth-quarter update showed like-for-like occupancy broadly flat at 82% and a 1ppt decline in like-for-like rent per square foot. The bank said management's repositioning of the business as "the value option…
Barclays downgraded Vale S.A. to "equal weight" from "overweight", arguing the miner's 35% year-to-date share rally has largely eliminated the valuation discount it traded at versus Australian peers. The bank raised its price target modestly to $17 while cutting EPS and EBITDA forecasts, and flagged catalysts concentrated in 2027 including potentia…
