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
HSBC and Yardeni Research raised their year-end S&P 500 goals following a wave of stronger-than-expected corporate results in the current first-quarter reporting season. HSBC increased its 2026 target to 7,650 and boosted its 2026 EPS forecast by 8%, while Yardeni moved its year-end target to 8,250 and raised EPS projections for 2026 and 2027. Both…
EON SE has announced plans to acquire Ovo Energy Ltd in a transaction that, if completed, would create one of the largest energy suppliers in the United Kingdom. The companies have not disclosed the purchase price. The deal remains subject to approvals from UK regulators including the Competition and Markets Authority and is expected to close in th…
The shutdown of Spirit Airlines after a failed $500 million bailout has allowed other U.S. budget carriers to push fares higher and selectively replace capacity. However, persistent industry headwinds - surging fuel bills, higher wages and rising aircraft lease and maintenance costs - continue to undermine the economics of ultra-low-cost operations…
Rolls-Royce Holdings is preparing a euro-denominated bond issue for the first time since 2020, arranging a dual-tranche sale with five- and ten-year maturities. The company says the funds will be used for general corporate purposes as it implements measures to counteract financial effects from disruptions tied to the Middle East conflict while pres…
Amazon.com Inc. is preparing its inaugural Swiss franc bond issuance as technology firms broaden their debt markets to fund artificial intelligence infrastructure, according to a report. The company has appointed BNP Paribas SA, Deutsche Bank AG and JPMorgan Chase & Co. to manage a six-part sale with maturities from three to 25 years. The move foll…
Proposed Federal Budget measures to alter tax treatment on investor-owned housing - including rolling back the 50% capital gains tax discount for qualifying assets and narrowing negative gearing to new-build properties - could meaningfully reduce investor activity in the existing housing market, Jefferies says. Investor lending makes up a notable s…
RBC Capital Markets upgraded BP to "outperform" from "sector perform" while keeping a 700p price target, citing a fresh opportunity for the oil major to accelerate debt reduction amid higher commodity prices. The broker's base case implies a 31% upside from BP's London close on May 8, and projects substantial declines in adjusted net debt and lever…
E.ON SE has signed an agreement to buy U.K. energy supplier OVO, a transaction that will add about four million customers to E.ON’s existing 5.6 million in Britain. The companies said financial terms were not disclosed, and the deal requires U.K. regulatory approval with an expected close in the second half of 2026.
Moderna shares climbed in premarket trading after U.S. health officials reported a passenger on a repatriation flight tested positive for the Andes strain of hantavirus. The movement in the stock followed confirmation that Moderna is conducting early-stage research into hantavirus vaccines and treatments under a 2023 research agreement with Korea U…
Shares of listed Indian jewellers fell sharply after Prime Minister Narendra Modi urged citizens to refrain from buying gold for one year to help preserve the country’s foreign exchange reserves. The appeal, made alongside measures targeting fuel use, travel, imports and expanded remote work, coincides with higher oil prices linked to the Iran war …
Bank of America has downgraded Stellantis and trimmed price targets while lowering its view on Renault, citing a rapid advance by Chinese automakers in Europe. Chinese brands have roughly doubled their share of the market to about 8%, with first-quarter sales up about 100% year-over-year, and are moving beyond premium EVs into mainstream segments. …
China's April consumer and producer inflation readings exceeded market forecasts, according to Barclays' analysis of official data released Monday. Consumer prices rose 1.2% year-on-year, while producer prices surged to 2.8% year-on-year, a jump Barclays attributes largely to earlier increases in oil prices. Core inflation stayed subdued and downst…
Oil benchmarks climbed sharply after President Trump rejected Iran's counter-proposal to a U.S. peace plan, a development that renewed concerns about sustained supply disruptions through the Strait of Hormuz and pushed U.S. airline shares down in premarket trading. Brent rose to $104.02 a barrel and U.S. WTI to $97.55, while leading carriers saw mo…
Corporate earnings continue to outpace expectations, with a large share of S&P 500 companies reporting beats. Amid that environment, an AI-powered selection service highlighted a California cloud-software firm that jumped over 20% in May following strong Q1 results, healthy cash generation, and maintained full-year guidance. The broader ProPicks st…
Rising memory chip prices driven by demand from artificial intelligence data centers have forced Nintendo and Sony to raise console prices and reassess their profit forecasts. Manufacturers warn the supply squeeze will persist through next year despite pledged capacity investments, prompting near-term cost passes to consumers and strategic measures…
Indonesian equities closed lower Monday, with the IDX Composite Index sliding 0.84% to a fresh six-month low. Declines were driven by losses in Financials, Agriculture and Basic Industry sectors, while a small group of stocks posted large gains. Oil prices climbed and gold softened as the rupiah weakened slightly versus the dollar.
Jefferies raised ams OSRAM to Buy from Hold and lifted its price target to 21 Swiss francs from 8.30, pointing to a mix of near-term cyclical improvement in automotive and industrial demand and longer-term revenue potential from microLED-based optical connectivity for AI data centers and components for AR smart glasses. The stock jumped more than 6…
Victrex said it will eliminate roughly 10% of roles, primarily within central functions, and now expects full-year underlying profit before tax of between 42 million and 44 million, below the H1 run-rate implication. The company cited rising raw material and energy costs tied to the Middle East conflict as a key factor shaping the outlook.
Jefferies' quantitative strategists find that the 2026 rally concentrated in AI stocks is being driven primarily by earnings growth rather than valuation expansion. The AI group has accounted for more than 80% of the S&P 500's gains this year, and forward EPS estimates for the AI basket have climbed sharply, while valuation metrics such as PEG poin…
South Korea's presidential office strongly denounced an assault on the cargo ship Namu, operated by HMM Co., in the Strait of Hormuz. Initial forensic work identified damage to the lower port stern and confirmed a fire in the engine room. Officials said they will take action once the origin of the attack is established. Iran's involvement remains u…
Bank of America increased its price target for Intel to $96 from $56, citing a new sum-of-parts valuation and a stronger view on the server CPU market. Despite the higher target, the bank kept an Underperform rating, arguing that recent optimism - including reports of a preliminary foundry agreement with Apple - is already reflected in Intel’s elev…
London’s benchmark rose modestly after crude prices jumped and offset market strain from a breakdown in U.S.-Iran ceasefire diplomacy. The pound weakened on safe-haven flows, while domestic developments from NHS data access, Compass Group guidance and Heathrow passenger trends provided a mixed backdrop for investors.
European equities were mixed on Monday as investors parsed President Donald Trump's rejection of Iran's counter to a U.S. peace plan. Energy markets gained sharply, lifting oil prices after renewed tensions around the Strait of Hormuz, while technology-led enthusiasm in AI stocks continued to support U.S. markets. Delivery Hero shares climbed follo…
Prosus NV has sold a 5% stake in Delivery Hero to Aspex Management for 22 euros per share, a transaction that will yield roughly 335 million euros and forms part of Prosus’s commitments to the European Commission to reduce its stake in Delivery Hero. The deal lifts Aspex’s holding to about 14% and lowers Prosus’s stake to roughly 17%, leaving Prosu…
Japan's equity market closed lower on Monday, with the Nikkei 225 down 0.49% as declines in the Paper & Pulp, Transport and Communication sectors outpaced gains in select consumer and entertainment names. Market breadth was positive overall, while volatility and commodity prices shifted during the session.
