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.
14,229 total articles
Schindler has signaled it will formally oppose any merger between Finland’s Kone and TK Elevator, saying the deal would substantially reshape the global elevator market and prompt antitrust scrutiny in multiple countries. CEO Paolo Compagna described the potential combination as a "bloodbath," warned of overlapping operations and customers, and sai…
ImmunityBio disclosed an FDA warning letter that found false and misleading promotional claims about its bladder cancer therapy Anktiva. The agency identified multiple violations in a television advertisement and a podcast featuring senior executives, and the company's shares plunged sharply at the open before partially recovering.
Microsoft shares declined and the broader software sector moved lower after Anthropic unveiled desktop-control capabilities for its Claude assistant and reports surfaced that Amazon Web Services is building AI agents to automate roles in sales and technical support. The developments intensified investor concern that AI-driven automation could disru…
Titles across market-cap tiers moved sharply during Tuesday trading. Among mega-cap names, Palantir, Oracle and IBM led declines while Exxon Mobil and At&t rose. The session also produced steep losses in several large-cap software and consumer names and pronounced gains for selected mid- and small-cap issuers.
Zoox, the autonomous-vehicle subsidiary owned by Amazon, said it will deploy its purpose-built, steering-wheel-free robotaxis for testing in limited zones of Austin and Miami later this year. The company will initially restrict rides to employees and their families before opening a waitlist-based Explorer program, while also expanding service areas…
The Bank of England is prepared to intervene if developments in the Middle East create sustained upward pressure on inflation, Bank of England chief economist Huw Pill said. Pill stressed that growing upside risks to price stability linked to events in the Gulf require clarity from monetary authorities and that uncertainty should not be used as a p…
QatarEnergy has declared force majeure on liquefied natural gas contracts with Italy, Belgium, South Korea and China after missile attacks last week damaged key processing units at its Ras Laffan production hub. The company reports damage to two LNG trains and one gas-to-liquids train and is assessing the full operational impact while determining r…
Jefferies has lowered price targets across its coverage of European software companies, blaming a retreat in AI-driven enthusiasm and rising geopolitical and macroeconomic uncertainty. The brokerage said that while AI concerns still affect sentiment, near-term trading appears more exposed to broader macro and geopolitical developments - notably esc…
ImmunityBio Inc. (NASDAQ:IBRX) saw its stock fall sharply after the U.S. Food and Drug Administration issued a warning letter alleging that promotional materials for ANKTIVA exaggerated the drug’s effectiveness and failed to present required risk information. The FDA identified multiple unsupported claims in a television advertisement and a podcast…
Goldman Sachs' analysis of March purchasing managers' indices for the Euro area and the UK found composite readings below consensus, noting a notable rise in input prices and a decline in forward-looking expectations. The firm said the divergence between spot activity and expectations will influence currency dynamics and reflects the ongoing econom…
The New York Stock Exchange, owned by Intercontinental Exchange, is collaborating with digital-asset firm Securitize to create tokenized versions of traditional securities and to build institutional-grade transfer agent standards and infrastructure for blockchain-based trading and settlement on an NYSE-affiliated Digital Trading Platform.
Amazon Web Services is developing an AI-driven assistant to handle technical sales queries and other tasks across sales and business development teams. The tool is reported to compile expertise from specialists across the company, enabling those specialists to concentrate on the most complex customer issues. The development follows recent cuts at A…
Dollar General said Tuesday it will appoint Jerry Fleeman Jr., currently CEO of Ahold Delhaize USA, as its chief executive officer effective January 1, 2027, replacing Todd Vasos. The move follows a soft full-year sales forecast from Dollar General that contributed to a decline in the company's share price.
Apollo Global Management's stock fell more than 3% in premarket trading as the firm announced a cap on fund redemptions following unusually large withdrawal requests. The move, part of a broader wave of redemption limits across private credit funds, highlights mounting unease about the $2 trillion private credit market and has put pressure on share…
National Vision has seen a significant stock rally and improved financial performance driven by a deliberate pivot toward managed-care customers, higher-value product assortment including smart eyewear, and a technology-led modernization of its in-store experience. CEO Alex Wilkes says the company is reallocating marketing and reshaping assortment …
Zoox, the autonomous vehicle unit owned by Amazon, announced an expansion of its robotaxi operations in San Francisco and Las Vegas and will begin public-road testing of its purpose-built vehicles in Austin and Miami. The company will focus its San Francisco growth on high-demand neighborhoods and widen coverage along the Las Vegas Strip, while Aus…
Goldman Sachs has upgraded its outlook for European utility equities, citing an emerging earnings 'super-cycle' fueled by AI adoption, electrification and heightened energy security priorities. The bank now forecasts power demand growth of 1.5-2% per year through 2028 and has raised target valuations to roughly 16x price-to-earnings. In its sector …
Insider filings made public on Monday show sizable purchases at AdaptHealth Corp and Marketwise, Inc., plus a very large institutional acquisition in Rare Element Resources Ltd. Several major sales were also reported, including transactions at GitLab Inc., Powell Industries and UWM Holdings Corp. The activity highlights concentrated confidence by s…
Inwit stock climbed over 7% in Milan after reports that major shareholder Ardian is in talks with Brookfield Asset Management about a potential joint bid to acquire full control of the Italian telecom towers operator. The move revives takeover speculation amid recent pressure on Inwit from a proposed TIM-Fastweb tower project that could alter deman…
Morgan Stanley downgraded Teleperformance and slashed its price objective to €53 from €112, citing a recent management overhaul, weakening business momentum and constrained visibility over the medium term. The bank lowered its rating to equal-weight from overweight, trimmed 2026 growth and earnings forecasts, and raised its equity risk premium and …
Ocugen reported 12-month results from its Phase 2 ArMaDa trial of OCU410 for geographic atrophy secondary to dry age-related macular degeneration. The optimal dose produced a statistically significant 31% reduction in lesion growth versus control and a 27% slower ellipsoid zone loss compared with control. The company recorded no serious adverse eve…
FedEx announced a same-day delivery offering developed with last-mile software provider OneRail. Branded FedEx SameDay Local, the service allows customers to select tighter delivery windows, routes orders to the nearest vehicle and driver, and taps a national network of more than 1,000 delivery providers. The launch comes amid sector-wide investmen…
Saudi Arabia's equity market ended Tuesday with a marginal gain, driven by advances in financial services, industrial investment and retail-related stocks. While several mid-cap and smaller names posted double-digit percentage moves on the upside, a handful of mining and drilling companies recorded notable declines. Oil prices climbed sharply, whil…
Futures tied to Canada’s principal stock index slipped on Tuesday as investors digested renewed missile and drone strikes across the Middle East. Oil pushed back above $100 a barrel, while U.S. futures also moved lower. Market participants are balancing tentative optimism about a de-escalation with persistent geopolitical risks that are keeping ene…
Deutsche Bank has reworked its European chemicals and ingredients coverage, moving three companies to buy, downgrading two others and adjusting price targets across the group. The changes reflect the bank's view that the ongoing Middle East conflict will produce both headwinds and tailwinds for European chemical firms and that a rapid return to pre…
