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.
14,437 total articles
J.P. Morgan downgraded Allwyn AG from "overweight" to "neutral" and trimmed its price target to €14.20 from €23.50 after updating forecasts for the post-combination business with OPAP. While the bank expects mid- to high-single-digit organic revenue growth from 2026 to 2030, it flagged elevated leverage, structural complexity, and valuation premium…
Raiffeisen Bank International has launched a cash takeover offer for Addiko Bank that values the target at 449.5 million euros. The proposal prices each Addiko share at 23.05 euros, equal to the six-month volume-weighted average price and described by Raiffeisen as a 20% premium to an externally determined intrinsic equity value. The deal, which is…
Mercedes-Benz reported a 6% decline in car sales in the first quarter, weighed down by a substantial 27% drop in its largest market, China. Growth in the U.S. and Europe and rising battery-electric vehicle deliveries helped offset some of the shortfall, but not enough to prevent an overall fall in volumes for cars and vans.
Meta Platforms introduced Muse Spark, the inaugural model from its Meta Superintelligence Labs, prompting bullish commentary from sell-side analysts who say the release removes a notable uncertainty for the stock. The natively multimodal reasoning model is live on Meta AI and meta.ai, with a staged rollout planned across Meta's social apps and smar…
Countries in the Gulf region, including Saudi Arabia and the United Arab Emirates, are examining a Ukrainian-designed interceptor drone marketed by Japan's Terra Drone as a lower-cost tool to counter mass-produced Iranian drones. The move reflects concern that continued reliance on costly interceptor missiles is unsustainable in the face of large-v…
Indian share indices ended lower on Thursday with the Nifty 50 closing down 0.93% and the BSE Sensex 30 off 1.20%. Banking, Fast Moving Consumer Goods and Healthcare segments weighed on the market, while select metals and auto-related names advanced. Volatility edged higher and commodity benchmarks showed mixed moves, with crude rising sharply and …
UBS analysts say copper and gold mining stocks look most compelling after the ceasefire between the U.S. and Iran, provided the truce endures and energy prices return to normal. The bank views the risk of an energy-price shock - which it had seen as the major downside for miners - as diminished if shipping through the Strait of Hormuz resumes. Copp…
A Minnesota-based medical-device startup’s attempt to force a national security review of a Chinese investor was rejected by the Committee on Foreign Investment in the U.S. (CFIUS) after a lobbying firm with ties to President Trump’s eldest son arranged senior-level meetings for the investor’s counsel. The decision, which cited material misstatemen…
The Artemis II crew’s 10-day mission to the moon has generated widespread public interest across ideological divides in the United States. From planetariums and school projects to themed merchandise sales and community launch viewings, the flight - a rehearsal for a later planned moon landing attempt - has produced an unusual moment of national coh…
Airline executives and industry groups say a U.S.-brokered two-week ceasefire with Iran is unlikely to deliver rapid respite for carriers. Damage to refining facilities and continued attacks in the Gulf mean jet fuel will remain scarce and expensive for months, even if the Strait of Hormuz reopens. Markets rallied on hopes for easing tensions, but …
A pronounced rise in demand for estrogen patches since mid-2023, amplified by recent shifts in U.S. Food and Drug Administration messaging on hormone replacement therapy, has strained inventories and produced shortages that patients and industry participants say could persist for up to three years. Pharmacies report gaps in supply, manufacturers ar…
Amazon plans to allocate about $200 billion in capital expenditures in 2026, largely to expand artificial intelligence infrastructure and capacity. CEO Andy Jassy reported robust AI traction at AWS and at the companys custom chip unit, while also flagging capacity constraints and a sharp drop in free cash flow linked to large property and equipmen…
The Pentagon's public rupture with Anthropic has prompted U.S. military units and some investors to seek out alternative artificial intelligence vendors. Small defense AI companies report more meeting requests, faster procurement progress and new investor outreach as the Defense Department pressures its acquisition channels to diversify and speed d…
Stellantis' vehicle production in Italy rose 9.5% year-on-year in the first quarter of 2026 to 120,366 units, according to the FIM Cisl trade union. The union credited the increase to the introduction of new models and reported a 22% jump in passenger car output, excluding light commercial vehicles, to 73,841 units. FIM Cisl also reiterated that 20…
Deutsche Bank has initiated coverage on Haypp Group with a "buy" rating and a SEK196 target, and on Swiss Prime Site with a "hold" rating and a CHF125 target. The bank highlights Haypp's scale in online nicotine pouch third-party retail, its large SKU range and a margin-accretive data business. For Swiss Prime Site, Deutsche Bank recognises a defen…
Barclays projects that major technology companies will outpace the rest of the S&P 500 in first-quarter 2026 earnings growth, while the sector’s valuation premium has dropped to historically low levels versus the index. The bank expects robust margin expansion among Big Tech, a continued hyperscaler investment cycle peaking around 2028, and only mo…
UBS downgraded Norsk Hydro to neutral from buy in a note dated Thursday, leaving its NKr110 price target unchanged. The bank cited roughly 20% share-price appreciation since the start of the Middle East conflict, a valuation it views as fair at about 6x 2026 EV/EBITDA and a roughly 6% free cash flow yield. UBS pointed to supportive aluminium market…
Rene Haas, currently CEO of chip designer Arm, is reportedly set to assume broad responsibilities for SoftBank’s international operations while maintaining his role at Arm. The appointment is presented as part of an effort to advance SoftBank’s Project Izanagi AI chip strategy. SoftBank and Arm declined to comment, and the report indicates Haas wou…
Jefferies upgraded Rexel to a buy rating and increased its price target to €43.10 from €32, implying about 27% upside from the prior close of €33.90. The broker raised 2026-27 estimates, pointed to continued strong growth in data centres, favourable pricing dynamics and margin expansion potential, while describing current guidance as conservative.
Mercedes-Benz reported a 6% decline in global vehicle deliveries in the first quarter of 2026, with quarterly sales falling to 419,400 units. Gains in Europe and the United States were outweighed by a 27% drop in China as the automaker begins phasing out entry-level models ahead of new launches, characterizing 2026 as a "transition year" in its lar…
J.P. Morgan has placed Richemont on Positive Catalyst Watch ahead of the group's FY26 results on May 22, citing anticipated strong momentum in jewellery maisons and signs of improved operational execution. The stock, down 12% year-to-date, could offer an attractive re-entry point if upcoming results confirm expected double-digit jewellery growth, t…
General Motors has initiated a recall covering 32,988 Corvette vehicles after a software fault in the lighting control module could prevent the system from detecting a failed rear turn signal, according to a notice filed with the National Highway Traffic Safety Administration. Affected cars are 2025 and 2026 model year Corvettes across multiple tri…
Indonesia's benchmark index closed modestly higher, supported by strong performances in agriculture, basic industry and property stocks. Market breadth favored decliners, while oil prices rose and the rupiah weakened against the dollar, with gold easing and the US Dollar Index Futures marginally lower.
Shares of French optical components manufacturer Exosens dropped more than 6% after an after-hours block sale placed 2.25 million shares, or roughly 4.4% of the company, at €64.40 each - about a 4% discount to the prior close. The seller was not disclosed; known large shareholders include HLD (22.4%) and Bpifrance (7.22%). The trade follows earlier…
Shares of Playtech Plc fell more than 3% after rival Evolution AB said it had asked the Superior Court of New Jersey to amend an existing defamation suit to name Playtech and other parties. Evolution alleges Playtech commissioned a report containing false claims about its business, shared the material with regulators and media, and failed to disclo…
