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.
7,647 total articles
Cincinnati Financial reported a fourth-quarter profit increase driven by a 10% rise in earned premiums and a 9% jump in investment income. The insurer benefited from a significant after-tax investment gain compared with a prior-year loss. Shares fell in after-hours trading despite year-to-date stock gains.
Shares of Credo Technology Group Holding Ltd (NASDAQ:CRDO) climbed about 17% in after-hours trading Monday after the company reported preliminary third quarter fiscal year 2026 revenue well above both its own guidance and analyst consensus. Management also provided an updated outlook for sequential fourth-quarter revenue growth and reiterated that …
A Senate Commerce Committee hearing will examine the long-standing national television ownership rule that prevents any broadcaster from reaching more than 39% of U.S. TV households. Testimony to be delivered includes a defense of the cap by Newsmax's CEO as a safeguard for competition and diversity, while the National Association of Broadcasters w…
Agomab Therapeutics NV completed an initial public offering that generated approximately $200 million in gross proceeds before underwriting fees and expenses. The clinical-stage Belgian biopharmaceutical firm sold 12.5 million American Depositary Shares at $16 apiece, began trading on February 6, 2026 under the ticker AGMB, and named a syndicate of…
SpyGlass Pharma Inc. completed an initial public offering that sold 10,781,250 shares at $16.00 apiece, raising $172.5 million in gross proceeds. The deal included the full exercise of the underwriters' option, and the company's shares began trading on the Nasdaq Global Select Market on February 6, 2026. The SEC declared the registration statement …
WarrenAI and Investing Pro’s screening of performance metrics, technical indicators, and company-level developments highlights five publicly traded drone companies that stand out in 2026. The list spans established defense-focused firms and smaller, volatile players, each showing notable recent returns and specific catalysts ranging from government…
Target is reallocating personnel spending to strengthen in-store staffing after four years of flat annual sales. An internal memo says the company will eliminate roughly 500 positions across district and supply-chain functions and use the savings to increase payroll at its nearly 2,000 stores, expand hours where needed and roll out guest experience…
Brazil's Bovespa index closed higher, rising 1.82% to reach a fresh record high. The advance was driven by gains in Basic Materials, Financials and Public Utilities. Magazine Luiza, Banco Santander Brasil and Cosan were among the top performers, while Hapvida, and both classes of Cyrela shares, were among the laggards. Broader market breadth was po…
Major publicly traded insurance brokers saw their share prices tumble as markets reacted to OpenAI's approval of the first insurance application inside ChatGPT, developed by Spanish digital insurer Tuio and powered by WaniWani's AI distribution infrastructure. The app enables conversational collection of customer data and delivers personalized home…
A convergence of deferred supply and a roster of well-known private companies has Wall Street preparing for a potentially very large U.S. initial public offering (IPO) year. Investment banks have sketched scenarios in which proceeds climb sharply if marquee names list in 2026, while concerns over a software sector sell-off could constrain issuance …
Stocks across market-cap tiers showed wide dispersion on Monday, with several large-cap technology names climbing after analyst upgrades and AI-related optimism, while pharmaceutical and industrial names registered declines. Mid- and small-cap issues produced some of the most extreme moves, both up and down, driven by earnings surprises, guidance r…
Earnings season presses on into the middle of February with a wide set of corporate reports due on Tuesday. Market attention will focus on several large-cap names spanning consumer staples, healthcare, financials and technology, with notable announcements from Coca-Cola, Gilead Sciences, Robinhood Markets, Ford Motor and American International Grou…
Converse employees were told to work remotely this week while the brand restructures teams and roles in an effort to regain sales momentum. The reorganization, described in a memo from CEO Aaron Cain, follows a series of layoffs across Nike and prior job cuts at Converse tied to parent-company cost savings.
Kepler Cheuvreux’s latest sector review names BASF and Bayer as its leading recommendations within the chemicals industry, assigning both companies Buy ratings. The research underscores valuation upside for BASF and a potentially improving legal trajectory for Bayer, while noting ongoing operational and litigation headwinds that investors should mo…
A senior official at the Italian Treasury who also sits on the board of Banca Monte dei Paschi di Siena SpA is the subject of an insider trading investigation tied to the government-backed acquisition of Mediobanca SpA. Authorities seized the official's mobile phone last year during a wider probe into the takeover, and reports say he bought about €…
Two major rating agencies have cut Raizen S.A.'s credit ratings and placed the company under negative watches, citing signs that a debt restructuring is increasingly likely, sustained cash burn, and missed shareholder funding commitments. S&P Global Ratings lowered its assessment to 'CCC+' and put the company on CreditWatch Negative, while Fitch cu…
Michael Grimes has rejoined Morgan Stanley as chairman of investment banking after serving as a senior advisor at the Commerce Department. The bank says he will manage and expand relationships with leading corporate, venture, private equity and sovereign clients from Menlo Park. His return is expected to bolster Morgan Stanley’s positioning for hig…
Energy Vault Holdings Inc. (NYSE: NRGV) saw its stock rise after unveiling a strategic partnership with Peak Energy to co-develop a full-stack energy storage platform tailored for AI infrastructure. The pact includes an initial 1.5 GWh offtake of Peak’s U.S.-manufactured sodium-ion batteries, exclusive channel rights in Australia and Japan for Ener…
Deutsche Bank upgraded Viasat from Hold to Buy, pointing to two major satellites due to enter service later this year and growing conviction that a separation of the Defense & Advanced Technologies unit could unlock additional shareholder value. The bank revised its valuation framework to a sum-of-the-parts approach and raised its price target usin…
NeuroSense Therapeutics saw its stock rise after the Australian Patent Office issued a patent covering its PrimeC extended-release oral therapy. The patent provides protection through October 2042 and complements an earlier U.S. patent as the company advances PrimeC toward Phase 3 testing in amyotrophic lateral sclerosis and pursues applications in…
Renault is reported to be negotiating the acquisition of Volvo Group and CMA CGM stakes in Flexis, the electric-van joint venture created in 2023. The move comes after a reassessment of the venture's business plan amid slower-than-expected market growth and as CEO François Provost pursues broader restructuring within the automaker.
eGain Corporation (NASDAQ:EGAN) shares climbed 3.6% on Monday following an announcement that Cabinetworks Group, the largest privately held U.S. kitchen cabinet manufacturer, will implement eGain’s AI Knowledge Hub and AI Agent for Contact Center. The deployment will consolidate dispersed information sources into a governed knowledge base, integrat…
Novo Nordisk A/S has acknowledged receipt of an "untitled letter" from the U.S. Food and Drug Administration concerning a television commercial for its Wegovy pill. The company says it is preparing a response to address the FDA's concerns but has not disclosed details about the alleged issues or the creative content at the center of the agency's in…
Needham has upgraded Medtronic to Buy from Hold, arguing that a string of recent and upcoming product introductions across major markets, combined with activist involvement and board-level changes, should help accelerate organic revenue growth and improve execution over the next several years. The firm estimates new offerings could contribute more …
Nauticus Robotics saw its stock climb 2.9% on Monday following a strategic investment agreement with Master Investment Group that could provide up to $50 million to build a UAE-based manufacturing and offshore services unit for its Aquanaut autonomous subsea platform. The deal includes an initial $3 million tranche to support startup activities and…
