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.
7,425 total articles
Reddit Inc. shares dropped 9% on Tuesday following a cautious note from Cleveland Research analyst Ross Walthall that trimmed expectations for the platform's 2026 growth. The analyst cited weaker demand among new advertisers, reduced conviction around incremental spend from large U.S. partners and rising competitive pressures from short-form video …
Bari Weiss, the editor-in-chief tapped last fall to lead CBS News, will present her first comprehensive plan to the newsroom on Tuesday. Hired after Paramount Skydance’s CEO David Ellison purchased her online outlet, Weiss faces the dual tasks of rebuilding a shrinking broadcast audience and persuading the public that the network has moved away fro…
The U.S. regulator has lifted a clinical hold on Intellia Therapeutics’ late-stage trial of its CRISPR-based therapy, nexiguran ziclumeran, in patients with hereditary transthyretin amyloidosis with polyneuropathy (ATTRv-PN). Intellia said it will resume patient enrollment as soon as possible after agreeing to enhanced safety monitoring measures. A…
HSBC is urging clients to stay positioned for further gains in risk assets, remaining overweight equities, high-yield credit, emerging-market debt and gold, while underweighting developed-market sovereigns, investment-grade credit and oil. The bank says geopolitics is secondary to U.S. rates, rates volatility and near-term growth expectations, and …
Futures tied to Canada’s primary stock index moved modestly higher as gains in gold and silver helped offset other headwinds. Investors are positioning ahead of Federal Reserve and Bank of Canada policy meetings, with U.S. futures trading mixed and commodities - notably gold and crude - showing notable strength amid trade tensions and severe winter…
Hedge fund Third Point, led by Daniel Loeb, is preparing its first activist campaign in three years targeting CoStar Group. The fund plans to nominate multiple directors to the company’s eight-member board, press for cost cuts including reductions in the CEO’s pay, and push CoStar to divest or shutter its residential business. The move follows the …
CoStar Group shares jumped after billionaire investor Daniel Loeb’s hedge fund, Third Point, signaled plans for an activist campaign at the real estate data company. The fund intends to nominate multiple directors to CoStar's eight-person board and push management to concentrate on commercial real estate while divesting or shutting down recently ex…
Ubiquiti Inc. shares fell 8% after an independent investigation by Hunterbrook alleged that the company’s radio bridge antennae are being employed by Russian military forces in Ukraine. The report claims Ubiquiti equipment fills a critical communications role for Russian operations, including drone use, and points to increased shipments to Russia d…
Mattel revealed a new collection of toys inspired by the global streaming phenomenon 'KPop Demon Hunters', with product rollouts beginning this summer and additional items arriving later in the year. The move is part of Mattel's broader strategy to leverage entertainment properties and expand merchandise offerings even after failing to capitalize f…
Intellia Therapeutics saw its stock rise sharply after the FDA lifted a clinical hold on the company’s MAGNITUDE-2 Phase 3 study of nexiguran ziclumeran (nex-z) for hereditary transthyretin amyloidosis with polyneuropathy (ATTRv-PN). The removal of the hold allows patient enrollment to restart and prompts a modest increase in the trial's target siz…
Vyome Holdings (NASDAQ:HIND) saw its stock climb 70% following an independent valuation that pegs the company’s lead investigational therapy, VT-1953, at roughly $1 billion contingent on successful Phase 3 results. The analysis, commissioned by Vyome and produced by Destum Partners, models a U.S. total addressable market near $2.2 billion and forec…
Corning's stock climbed 6% after a CNBC report that Meta Platforms will invest up to $6 billion in the company's fiber-optic cable technology through 2030. The investment is intended to support Meta's expanding AI data center footprint. Corning CEO Wendell Weeks disclosed the arrangement during an interview at the firm's Hickory, North Carolina man…
HCA Healthcare projected 2026 adjusted profit above analysts' consensus after reporting quarterly results that topped per-share expectations amid solid demand for medical services. The operator highlighted higher utilization of government insurance, a mixed surgical volume performance, and authorized a sizable share buyback.
JetBlue Airways reported a steeper adjusted loss for the fourth quarter as weak demand for economy seats weighed on results. The airline missed profit expectations and flagged near-term unit revenue pressure and future fleet disruptions tied to Pratt & Whitney engine problems, while peer Alaska Airlines also warned of lower-than-expected full-year …
Apple has taken down 28 mobile applications that use artificial intelligence to create nude images from user photos following a report by the Tech Transparency Project (TTP). TTP's January review identified dozens of apps on both Apple’s App Store and Google Play that can sexualize images of fully clothed women; Google has also suspended multiple a…
Saudi Arabia's equity market closed higher on Tuesday, with the Tadawul All Share index rising 0.99% to reach a new one-month high. Strength in Building & Construction, Real Estate Development and Industrial Investment stocks supported the advance, while mining, paper manufacturing and cement names posted the day’s largest declines. Commodity and c…
Helix Acquisition Corp. III completed its initial public offering at $10 per share, selling 17.25 million Class A ordinary shares and raising $172.5 million. The offering included the full exercise of the underwriters' over-allotment option and was accompanied by a private placement to the company's sponsor. The company, formed as a special purpose…
Helix Acquisition Corp. III completed its initial public offering on January 26, selling 17.25 million Class A ordinary shares at $10 per share to raise $172.5 million in gross proceeds, the company said. The offering included 2.25 million shares issued through the full exercise of the underwriters' over-allotment option. Concurrently, the sponsor …
NextEra Energy reported fourth-quarter adjusted earnings above Wall Street expectations, driven by elevated power demand, robust performance in its renewables business and rate increases at its regulated electric utility. Florida Power & Light contributed stronger net income year-over-year, while federal energy projections point to rising U.S. elec…
Boeing reported a fourth-quarter net profit of $8.22 billion, driven primarily by the sale of its navigation software services business and the reacquisition of Spirit AeroSystems. The quarter also included a $565 million charge to the KC-46 tanker program. Despite generating $375 million in cash in the quarter, Boeing ended the year with a $1.9 bi…
U.S. stock futures opened mixed as markets awaited the next Federal Reserve policy meeting and corporate earnings continued to drive premarket swings. Airline, auto, consumer goods, defense, healthcare and logistics stocks featured among the largest movers, with some companies reporting stronger-than-expected results and outlooks while others poste…
Pinterest announced a global restructuring in an SEC filing on Monday that will reduce headcount by under 15% and shrink office space. The company expects pre-tax restructuring costs of $35 million to $45 million, primarily cash spending, and plans to complete the program by the end of its third quarter ending September 30, 2026, subject to local l…
Goldman Sachs analyst Andrea Ferrario reports that the firm's Risk Appetite Indicator (RAI) rose to 1.09, its highest reading since 2021 and in the 98th percentile since 1991. The increase reflects broad-based risk-on positioning across global markets, driven mainly by the bank's PC1 "Global growth" factor and supported by a majority of the RAI's i…
UnitedHealth Group's stock plunged 12% in premarket trading following a CMS announcement that Medicare Advantage payment rates will rise by just 0.09% in 2027. The regulatory decision sparked steep declines across the managed-care sector, with Humana and CVS Health also seeing double-digit premarket drops. UnitedHealth's modest earnings beat was ov…
Kepler Cheuvreux has downgraded Siemens to "reduce" from "hold", citing a muted recovery in the company's Digital Industries division driven by weak confidence indicators across Europe and growing uncertainty in the industrial software market. The house view also flags a 30% slide in peer valuations, disappointing execution on the Siemens Healthine…
