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.
7,750 total articles
Leidos Holdings Inc saw its stock rise after announcing an accelerated migration of eight more Defense Agencies and Field Activities to DODNet. The plan will transfer over 100,000 users, including major organizations such as DFAS and DLA, within the next 18 months and advances work on the $11.5 billion, 10-year Defense Enclave Services contract.
Monness, Crespi, Hardt (MCH) downgraded Coinbase to a tactical Sell, citing over-optimistic Street forecasts for 2026 and 2027 and projecting continued softness through the first half of 2026. The firm expects revenue, EBITDA and EPS to land below consensus, highlights declining trading share and monthly active user trends, and notes that trough-st…
Kraft Heinz said it expects roughly $950 million in capital expenditures for fiscal 2026, above the prior year, as it pauses plans to divide into two companies and reallocates funds into marketing and research aimed at reviving U.S. demand. The pause in the separation process is projected to cut about $300 million in costs in 2026 while the company…
Deutsche Bank upgraded BorgWarner from Hold to Buy after the automotive supplier announced a partnership to supply modular turbine generator systems for AI-focused data centers. The bank projects more than $300 million of revenue from the initial phase in 2027, anticipates mid-teens margins on the new business, and raised its price target to $82. T…
Nektar Therapeutics priced an upsized $400 million public offering, selling common stock and pre-funded warrants, and granted underwriters an option to buy additional shares. The move preceded a near 7% decline in premarket trading as investors reacted to the equity raise. Proceeds will support general corporate needs, including Phase 3 trials and …
Apple recorded an 8% year-on-year increase in smartphone sales in China for January, becoming the only major brand to post positive growth in a market that contracted 23% versus the same month last year, according to data from Counterpoint Research. The iPhone 17 lineup, government subsidy eligibility for the base model, and modest price adjustment…
JPMorgan upgraded MercadoLibre from Neutral to Overweight, pointing to reduced competitive intensity after recent take-rate increases by Shopee and MercadoLibre's own fee adjustments. The bank raised its December 2026 price target to $2,800 and lifted revenue, operating profit and earnings forecasts for 2026, while citing robust growth in Brazil an…
British American Tobacco (BAT) says a U.S. move to bar imports of certain disposable, predominantly unregulated vapes could reduce the illegal segments of the market by roughly one-third, though any meaningful supply impact is likely to be delayed by long supply chains and large inventories. The company has active cases at the U.S. International Tr…
ABPRO Holdings Inc. (NASDAQ:ABPR) saw its stock drop about 9.4% in premarket trading after Nasdaq informed the company that it is not meeting several listing standards related to board independence and audit and compensation committee composition following the January resignations of two directors. The exchange has asked the company to present its …
BioRestorative Therapies Inc (BRTX) saw its stock fall 37.5% in premarket trading following the announcement of a public offering that will issue new common shares (or pre-funded warrants) and accompanying warrants at $0.35 per unit, a move that is expected to raise roughly $5.0 million in gross proceeds. Proceeds will support clinical trials for B…
Barclays upgraded Analog Devices to Overweight, citing the company’s exposure to an improving industrial cycle and what the bank called “the cleanest operating model and balance sheet” in the peer group. Analyst Tom O’Malley highlighted a PMI-driven inflection in industrial activity, while Barclays also initiated coverage of Microchip Technology an…
Nebius Group said quarterly capital expenditures surged as it purchased AI processors and expanded data center capacity, adding nine new sites and securing gigawatts of contracted power. Revenue rose sharply year-over-year but missed estimates, while net losses widened. Management expects a substantial revenue run-rate increase by the end of 2026.
Quince Therapeutics plunged nearly 40% in premarket trading after announcing its lead candidate failed to meet trial endpoints. With no other products in the pipeline and limited cash, the company has hired LifeSci Capital to explore strategic options, including a possible reverse merger, while warning of financing, listing and restructuring risks.
ATN International said it has reached an agreement to sell 214 wireless towers located in the Southwestern United States to Everest Infrastructure Partners for up to $297 million in cash. Shares of ATN climbed 15.9% in premarket trading following the announcement. The company expects initial gross proceeds of roughly $250-$270 million, with additio…
LiveRamp Holdings expanded its share repurchase program by $200 million, lifting the total authorization to $1.5 billion and extending the program's expiration to December 31, 2027. The move left roughly $337 million available to repurchase through 2027 and was followed by an 8.4% premarket rise in the stock. Finance leadership framed the action ar…
ICON plc stock dropped 30% after the company said its Audit Committee, with external advisors, is investigating revenue recognition from fiscal 2023 through 2025. The probe prompted withdrawal of full-year 2025 guidance and a delay in quarterly results. Preliminary analyst notes flagged possible revenue overstatements of under 2% for 2023 and 2024,…
Fermi America LLC (NASDAQ:FRMI) shares rose 3.5% in premarket trading after the company reported forward movement in its strategic collaboration with Hyundai Engineering & Construction to restart commercial-scale nuclear construction in the United States. The partners are advancing Front-End Engineering Design for four AP1000 reactors planned for P…
Fidelity Investments is introducing two actively managed exchange-traded funds that invest in collateralized loan obligations (CLOs), joining other asset managers responding to strong investor demand for private credit exposure. One fund targets AAA-rated CLO tranches while the other focuses on lower-rated CLOs from BBB to B-. The move comes as the…
STRATA Skin Sciences Inc saw its shares tumble 60.8% in premarket trading following Nasdaq's decision to delist the company's stock for failure to meet the minimum stockholders' equity requirement. The firm was unable to reach the $2.5 million threshold despite an extension and efforts to raise capital. Trading is set to be suspended at the open on…
JPMorgan downgraded Kraft Heinz to Underweight from Neutral and trimmed its price target to $22 from $24 after the food company projected muted 2026 results, paused a planned corporate split, and outlined roughly $600 million of incremental 2026 spending. Shares fell in premarket trading as the bank highlighted persistent North American volume decl…
NuScale Power (NYSE:SMR) saw its stock climb 10% following the announcement of a collaboration with Oak Ridge National Laboratory to research artificial intelligence-guided nuclear fuel management for a 12-module reactor configuration. Funded through the U.S. Department of Energy's GAIN initiative, the work will explore whether sharing a single fue…
UBS has trimmed its price objective on Airbus to €225 from €240 and cut earnings forecasts by 3-5% as investor sentiment softens ahead of full-year results. The bank sees limited pricing upside over 2026-28, models fewer 2026 deliveries, and lowers its 2026 EBIT and free cash flow estimates while flagging higher inventory costs as Airbus supports s…
CarMax has named Keith Barr, formerly chief executive of InterContinental Hotels Group, as its next CEO effective March 16. The move comes as the used-car retailer pursues a turnaround plan in the face of softer demand, pressure on margins and efforts to reduce costs, including some staff reductions. Interim CEO David McCreight said the company nee…
FedEx told investors it expects adjusted earnings for the quarter ending Feb. 28 to surpass Wall Street's consensus and unveiled financial targets through fiscal 2029, including $98 billion in consolidated revenue, $8 billion in operating income and an 8% operating margin. The company also provided reported fiscal 2025 metrics as a baseline for its…
Bank of America applied its elasticity framework to forecast how sharply higher memory prices in 2026 could affect major PC makers. The bank finds Apple positioned to absorb most of the headwind with a small potential EPS hit, while Dell and HP would incur materially larger theoretical losses unless they take cost and specification actions.
