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.
13,980 total articles
Lincoln International has initiated the roadshow for an initial public offering of 21,049,988 shares of its Class A common stock, setting an expected price range of $18.00 to $20.00 per share. The company has received NYSE approval to list the Class A shares under the ticker LCLN, subject to official notice of issuance. The offering is being led by…
Erasca Inc. shares climbed 4.3% in premarket trading after the company announced a clinical trial collaboration and supply agreement with Merck. The AURORAS-1 study will assess Erasca's pan-RAS molecular glue ERAS-0015 in combination with Merck's KEYTRUDA (pembrolizumab) for RAS-mutant solid tumors; Merck will provide pembrolizumab at no cost and E…
Masayoshi Son has held discussions with President Emmanuel Macron about launching a French artificial intelligence data center project in the coming weeks. The proposal is part of SoftBank’s broader AI infrastructure push, with Son reportedly considering a multibillion-dollar investment and having discussed a figure as large as $100 billion, though…
TMC the metals company Inc. (NASDAQ:TMC) saw its shares rise 6.7% in premarket trading after announcing a commercial agreement with Allseas to develop, commission and operate the company’s first commercial nodule collection system. The contract covers a system with a nameplate capacity of 3.0 million wet tonnes per year, two deep-water collector ve…
Saudi Arabia's stock market closed higher on Monday, with the Tadawul All Share index rising 0.39% as gains in Agriculture & Food, Energy & Utilities and Transport sectors supported the advance. Saudia Dairy and Foodstuff Co and Almarai were the session's strongest performers, while Jahez International faced the steepest decline. Oil prices climbed…
ASP Isotopes Inc. saw its shares rise in premarket trading after its wholly owned subsidiary, Quantum Leap Energy, announced a non-binding memorandum of understanding with a European nuclear technology firm to evaluate a long-term arrangement for supplying high assay low enriched uranium (HALEU) with uranium-235 content above 10%. The MOU outlines …
Cellular Intelligence, supported by Meta CEO Mark Zuckerberg, has acquired STEM-PD, a stem cell-derived therapy candidate for Parkinson’s disease from Novo Nordisk. Novo Nordisk halted its cell therapy unit and discontinued the program last October. Financial terms were not disclosed; Novo Nordisk will receive an equity stake in Cellular Intelligen…
UBS analysts contend that Dell Technologies’ sharp share appreciation - roughly a 170% rise over the past year - is already reflected in its stock price. The firm cut its recommendation to Neutral even as it raised a 12-month price target to $243, a level below Dell’s May 8 closing price near $260. UBS pointed to Dell’s execution in AI servers and …
Odysight.ai (NASDAQ:ODYS) saw its shares climb 100% after announcing a Cooperative Research and Development Agreement with the Naval Air Warfare Center Aircraft Division Lakehurst. The collaboration will pair Odysight.ai's miniature visual sensors and edge AI/ML analytics with NAWCAD's operational testing resources to focus initially on carrier arr…
Alpha Tau Medical Ltd. (NASDAQ:DRTS) saw its stock surge 18% in premarket trading after announcing interim results from its U.S. REGAIN trial testing Alpha DaRT in patients with recurrent glioblastoma. Two of the first three treated patients experienced complete disappearance of enhancing tumor lesions on multiple MRIs, while the third showed stabl…
Caddis Capital, which owns a 9.3% stake in data-center developer Fermi Inc., has publicly sided with the company’s current board in a dispute with former CEO Toby Neugebauer. Caddis opposes Neugebauer’s attempt to expand the board and force a sale at prevailing market prices, saying such a transaction would shortchange shareholders and that the boa…
argenx NV ADR (NASDAQ: ARGX) saw its shares rise in premarket trading after the U.S. Food and Drug Administration broadened the indication for VYVGART and VYVGART Hytrulo to include all adult patients with generalized myasthenia gravis, regardless of serotype. The decision was supported by results from the Phase 3 ADAPT SERON study, which enrolled …
Goldman Sachs downgraded Belgian transmission operator Elia to neutral from buy after the stock climbed 46% since mid-June. The bank lifted its 12-month price target to €150 from €145 but said additional re-rating would likely require more clarity on growth and funding beyond 2028. Goldman projects rapid RAB and EPS expansion through 2028, sizeable…
A London High Court trial opened as Shein accused rival Temu of using thousands of Shein photographs to promote copycat products, calling the conduct copyright infringement "on an industrial scale." Temu denies the assertions and has counter-sued, alleging Shein is using litigation to stifle competition and that it had to remove thousands of listin…
Despite a roughly 421% rise in Samsung Electronics shares over the past year, KB Securities analyst Jeff Kim maintains a Buy recommendation and a 360,000 won price target, arguing the stock is trading at what he calls the lowest valuation it will reach. Kim bases his bullish stance largely on sustained memory demand driven by AI workloads, while al…
Stifel's latest review of used equipment auction results shows a modest year-over-year increase in April for agricultural machinery, while construction-related categories produced uneven outcomes. The firm notes that auction price changes are generally stronger than shifts in asking prices and that auction activity can foreshadow broader market ask…
Activist investor Oasis Management has disclosed it holds combined voting rights of 15.2% in British outsourcing group Capita, with 6.44% held via shares and a further 8.78% held through financial instruments, according to a regulatory filing dated May 8. Media reports indicate Oasis may push the company to simplify its operations to lift the share…
Fervo Energy said it has raised the size of its planned initial public offering to 70 million Class A shares and set an expected price range of $25.00 to $26.00 per share. The company granted underwriters a 30-day option to buy up to 10.5 million additional shares, filed a registration statement with the SEC that is not yet effective, and plans to …
Swatch faces a potentially pivotal shareholder vote as proxy advisers Institutional Shareholder Services and Glass Lewis recommended backing investor Steven Wood for the bearer-share board seat rather than the company nominee Andreas Rickenbacher. The contest highlights investor unease over governance, slow performance versus peers and a deep decli…
U.S. stock futures were largely unchanged Monday morning as markets weighed political developments and continued enthusiasm for artificial intelligence. Semiconductor names led premarket advances, while specific corporate reports and takeover speculation produced varied moves across sectors. At 07:24 ET (11:24 GMT) the Dow futures contract was down…
Cerebras Systems has increased both the number of shares and the price range for its planned Nasdaq initial public offering, reflecting robust investor interest. The Sunnyvale, California-based maker of AI processors is now offering 30,000,000 shares at $150 to $160 each, potentially raising about $4.8 billion. The company earlier proposed 28,000,0…
Fox Corp reported third-quarter revenue of $3.99 billion, surpassing the consensus estimate of $3.82 billion. Shares rose about 3% in premarket trading as the company cited strong advertising performance in its sports and news divisions and continued growth at its free streaming service, Tubi. CEO Lachlan Murdoch highlighted leadership in live prog…
EchoStar reported a steeper-than-expected drop in pay-TV subscribers in the first quarter, reflecting continued consumer migration from bundled television to streaming. While pay-TV revenue and consolidated sales modestly exceeded analyst estimates and the quarterly loss narrowed year-over-year, the company remains engaged in debt restructuring tie…
Exyn Technologies Inc. filed for an initial public offering on Monday, proposing the sale of 2.5 million units on the Nasdaq Capital Market. Each unit pairs one common share with one warrant; the company projects a per-unit price between $7.75 and $8.75, and warrants that are immediately exercisable will carry exercise prices between $9.69 and $10.…
Jefferies said last week that payroll loans, asset-quality trends and disparities in profitability were the dominant themes for Brazilian banks. With expectations for monetary easing receding, credit patterns in payroll and unsecured segments, plus differences in funding and returns across major banks, stood out as the principal market concerns.
