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.
1,546 total articles
UBS cut its rating on Swiss property owner Mobimo to sell from neutral, saying the company’s development profits - a key earnings driver - should peak in fiscal 2025 and then decline as high-margin projects complete. The broker raised its 12-month price target to CHF330 from CHF308 after lowering its WACC and modestly raising revenue forecasts, but…
In the first weeks of 2026, numerous U.S. companies across technology, consumer, manufacturing, logistics and financial sectors have announced workforce reductions. The moves are framed as cost-cutting, operational consolidation and resource reallocation toward artificial intelligence and cloud initiatives. The rounds of cuts range from several hun…
Morgan Stanley upgraded Hensoldt AG to an "equal-weight" rating from "underweight" and nudged its price target up to €82 from €78 following a roughly 23% decline from the stock's October high. The bank said consensus estimates have been reset after the company's capital markets day and adjusted its forecasts to reflect new guidance, changing free c…
Public Policy Holding Company priced its initial public offering at $12.25 per share, generating roughly $50.8 million in gross proceeds before expenses. The transaction includes both new shares and secondary shares sold by existing stockholders, and underwriters hold a 30-day option to purchase additional shares. Trading began on the Nasdaq Global…
PaleBlueDot AI secured $150 million in a Series B round led by B Capital, pushing its valuation above $1 billion. The Palo Alto-based neocloud company will deploy the funding to acquire Nvidia GPUs and related infrastructure, hire personnel to grow partnerships, and expand both its marketplace for spare GPU capacity and dedicated enterprise GPU clu…
Palladyne AI Corp. (NASDAQ:PDYN) saw its shares climb 13% after the Air Force Research Laboratory granted the company a contract named HANGTIME. The program will deploy Palladyne’s SwarmOS™ platform to connect autonomous systems across multiple domains, integrating satellites for the first time and aiming to enable faster, coordinated decision-maki…
Eli Lilly has entered into a collaboration worth as much as $1.12 billion with Germany-based Seamless Therapeutics to develop and commercialize gene-editing therapies aimed at certain forms of hearing loss. The arrangement grants Lilly access to Seamless' proprietary enzyme platform, which engineers programmable recombinases designed to make large,…
UBS moved Intershop Holding AG (SIX:ISN) from a 'buy' to a 'neutral' rating while increasing its 12-month price target to CHF170. The brokerage says the stock's strong run has restored its valuation to historical norms, leaving scant upside from recent levels. UBS also trimmed revenue and adjusted EPS forecasts for fiscal 2025-27 and highlighted ti…
ThriveCart will roll out ThrivePay Installments later on Wednesday, a feature that lets customers divide purchases into 3, 6, or 12 monthly payments by using available capacity on their existing credit cards rather than creating new loans. The company says the product targets both one-time digital and physical purchases as well as subscriptions, an…
GE Vernova on Wednesday raised its revenue outlook for 2026 to a range of $44 billion to $45 billion, topping the average analyst estimate of $41.97 billion. The company reported a 34% jump in quarterly orders to $59.3 billion and saw sizable gains in core profits for its electrification and power segments, driven by rising demand from data centers…
On Jan. 28, Eikon Therapeutics filed to pursue a U.S. initial public offering that would value the company at as much as $908.2 million and raise up to $317.7 million by selling 17.65 million shares at $16 to $18 apiece. The Millbrae, California-based drug developer is advancing a cancer pipeline led by EIK1001, being evaluated in combination with …
Bank of America reported that its clients were net buyers of U.S. equities last week for the first time in eight weeks, with single-stock inflows driving the shift. Buying was widespread across client categories, sector flows favored Communication Services and Technology, and ETF activity was mixed - equity ETF outflows contrasted with fixed-income…
UBS downgraded Finnish renewable fuels producer Neste to Neutral from Buy, citing a roughly 30% share-price rise over the past two months that it says already reflects a more favorable regulatory backdrop. The broker lifted its price target modestly but says upside from current levels appears limited, and expects mixed near-term results as maintena…
Walmart has reclassified 3,000 pharmacy technician positions to operations team lead roles, raising the average hourly pay for those roles and expanding top-end wage eligibility for pharmacy technicians as it grows digital healthcare services and delivery options across its 4,600 stores. The move coincides with competitive pressure in the pharmacy …
AT&T said it expects 2026 adjusted earnings per share to exceed analyst forecasts, attributing the upbeat outlook to planned network investments including the acquisition of Lumen’s consumer fiber assets and EchoStar’s spectrum licenses. The company reported healthy fiber and wireless additions in the fourth quarter and will consolidate 5G and fibe…
Stellantis said it will step up price reductions on new cars in France, accelerating a program that began in late 2025. The move, announced by the head of Stellantis France, aims to rebuild vehicle sales volumes in the company's largest European market, with discounts already applied to several small car models.
Texas Instruments shares climbed 7% in premarket trading after the company issued a first-quarter outlook that topped estimates, driven by robust analog chip sales tied to AI data center buildouts. Analysts highlighted potential multi-year support from data center demand, while others warned that elevated capital spending and broader market headwin…
RBC Capital Markets downgraded Banco Bilbao Vizcaya Argentaria (BBVA) to Sector Perform from Outperform, citing a stretched valuation despite strong operating metrics. The brokerage raised its price target to €19.75 but sees limited upside from current levels and shifted its preference to Banco Santander (SAN).
Wells Fargo's wealth and investment management division has cut ties with the proxy advisory firm Institutional Shareholder Services (ISS) and will shift to making voting decisions on shareholder proposals using a newly developed in-house process. The move follows similar recent changes among large asset managers and comes amid intensified scrutiny…
Walmart has reclassified 3,000 pharmacy technician roles into operations team lead positions and raised average hourly pay from $22 to $28. The move, which also makes technicians eligible for wages up to $40.50 and gives team leads potential pay up to $42 an hour (excluding bonuses), is part of a broader expansion of the company's digital and pharm…
Eikon Therapeutics has filed for a U.S. initial public offering that would value the company at as much as $908.2 million. The Millbrae, California-based drug developer plans to sell 17.65 million shares at $16 to $18 apiece, aiming to raise up to $317.7 million and list on the Nasdaq under the symbol EIKN as the biotech IPO pipeline gains momentum…
U.S. stock index futures moved higher in early trading as gains in semiconductor names bolstered sentiment. Investors prepared for quarterly results from major technology companies tied to the AI trade and awaited a Federal Reserve policy decision widely expected to keep rates unchanged. Strong sector-specific reports from chipmakers in Asia and Eu…
Since the U.S. health secretary urged manufacturers to remove artificial colors from foods, many major brands have taken piecemeal steps: a handful have set concrete timetables, several have softer commitments, and others are experimenting with dye-free lines while not promising full removal. Industry leaders point to cost, sourcing and potential s…
New advertising-tracking data indicate Novo Nordisk spent roughly $487 million promoting Wegovy and Ozempic in the United States from January through September 2025, outpacing Eli Lilly's estimated $214 million for Zepbound and Mounjaro over the same period. The surge in spending follows improved supply after shortages in 2024 and comes amid a shif…
United Parcel Service said it will reduce its workforce by as many as 30,000 employees and close 24 facilities in 2026 as part of a continued shift away from low-margin Amazon deliveries. The company reported fourth-quarter results that exceeded Wall Street estimates and forecast higher full-year revenue for 2026, while signaling a near-term dip in…
