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
Shares of German space technology company OHB SE rose 27% to their highest-ever level after the firm confirmed it is engaged in discussions with Rheinmetall Group. The talks center on potential cooperation tied to participation in public procurement processes. OHB provided no further specifics on the scope or timing of the possible partnership, lea…
Merck & Company halted negotiations to buy Revolution Medicines after both sides could not agree on price. The breakdown in talks, reportedly tied to valuation differences, sent Revolution Medicines shares sharply lower in premarket trading. The biotech continues clinical work on RAS-targeting drugs, with key data due in the first half of the year,…
Research from Lynx Equity Strategy cautions that Apple may encounter further pressure on profitability after supply tensions over NAND flash memory caused by deteriorating talks with supplier Kioxia. The firm says those frictions could prompt higher costs from alternative vendors, notably Samsung, and raise technical compatibility risks that may af…
Redburn Atlantic upgraded Meta Platforms to Buy and lifted its target to $900 from $740, arguing that market anxiety about rising artificial intelligence spending has obscured the company's longer-term earnings potential. The firm raised its FY26 cost and capex estimates, cautioned on near-term EPS headwinds, but highlighted durable advertising str…
Jefferies downgraded Autotrader Group Plc to "hold" citing uncertainty around an April 1 price increase confirmed by CEO Nathan Coe and the potential for dealer churn following earlier dissatisfaction with the Deal Builder product. The brokerage highlighted fragile consensus expectations for FY27 revenue per retailer and noted stock-related headwin…
CoreWeave shares climbed 10% Monday after NVIDIA purchased $2 billion of Class A common stock at $87.20 per share to expand a collaboration aimed at constructing more than 5 gigawatts of AI factory capacity by 2030. The expanded deal assigns CoreWeave responsibility for development and operations while NVIDIA will use its capital to expedite procur…
Firoz Tarapore, CEO of Dubai Aerospace Enterprise (DAE) Capital, told delegates at the Airline Economics conference that engine manufacturers and smaller suppliers are the principal constraints on aircraft production. He contrasted those bottlenecks with what he described as "enormous progress" at Boeing and warned of forthcoming consolidation amon…
Hungarian energy company MOL has reached a binding agreement to acquire a 56.16% stake in Serbia’s oil firm NIS from Gazprom Neft and Gazprom for a sum reported by Serbia’s president to be between €900 million and €1 billion. The transaction requires approval from the U.S. Office of Foreign Assets Control, and Russian sellers face a March 24 divest…
Zijin Gold has agreed to purchase Canada’s Allied Gold for about C$5.5 billion (approximately $4.02 billion), the companies said, as high gold prices bolster miner cash flows and encourage consolidation. Zijin will pay C$44 per share, representing roughly a 5.4% premium to Allied’s last closing price, and Allied’s U.S.-listed shares rose nearly 4% …
Futures tied to Canada's resource-heavy main index rose as metals prices pushed higher, helping the S&P/TSX composite finish the week at a record closing level. Investors appeared to put recent tariff threats from the U.S. to the side as gold and silver reached new peaks, while U.S. equity futures hovered near the flatline ahead of a key Federal Re…
Saudi Arabia's equity market closed slightly higher, with the Tadawul All Share rising 0.02% to reach a one-month high. Gains were concentrated in the Energy & Utilities, Cement and Building & Construction sectors, while a larger number of individual issues fell than rose. Several names hit multi-month and all-time highs during the session. Commodi…
Bob’s Discount Furniture, a Bain Capital-backed home furnishings chain based in Manchester, Connecticut, has filed to go public in the U.S., seeking a valuation up to $2.48 billion. The company plans to offer 19.45 million shares at $17 to $19 apiece to raise as much as $369.6 million, and expects material revenue growth for fiscal 2025 driven by c…
Bob’s Discount Furniture has submitted a registration statement to the U.S. Securities and Exchange Commission for an initial public offering of 19.45 million common shares, targeting a price range of $17.00 to $19.00 per share. Underwriters have a 30-day option to buy an additional 2.92 million shares from an existing stockholder, with proceeds fr…
MannKind Corporation's stock climbed after the U.S. Food and Drug Administration approved updated prescribing information for Afrezza, clarifying starting dose recommendations for patients switching from subcutaneous mealtime insulin - including multiple daily injections and insulin pump therapy - to inhaled insulin.
U.S. equities closed mixed on Friday as the Nasdaq extended gains while the Dow slipped, with markets stabilizing after a thaw in geopolitical risks. Attention now shifts to fourth-quarter earnings from major technology companies and the Federal Reserve's policy decision, as investors assess whether heavy AI-related investment is beginning to produ…
Once Upon a Farm has begun its investor roadshow for a planned initial public offering, filing to offer 10,997,209 shares of common stock and applying to list on the New York Stock Exchange under ticker OFRM. The offering includes primary shares, secondary shares from existing holders, an underwriter option, and an anticipated price range of $17 to…
Forgent Power has filed to offer Class A common stock in the United States, aiming to raise as much as $1.62 billion. The company plans to list on the New York Stock Exchange as FPS. The proposed offering totals 56 million shares, with specific allocations from the company and selling shareholders. Forgent reported substantial revenue growth year o…
Once Upon a Farm, the organic children’s food company co-founded by actor Jennifer Garner, filed to go public in the U.S., targeting a valuation of up to $764.4 million and seeking to raise nearly $209 million by offering about 11 million shares at $17 to $19 apiece. The company will list on the New York Stock Exchange under the symbol OFRM and has…
IonQ announced plans to acquire SkyWater Technology in a transaction valued at about $1.8 billion, a move that lifted IonQ and SkyWater shares. The deal, offering $15.00 cash and $20.00 in IonQ common stock per SkyWater share, is intended to combine IonQ’s quantum computing capabilities with SkyWater’s U.S.-based semiconductor manufacturing to form…
Forgent Power Solutions Inc. submitted a registration for an initial public offering on the New York Stock Exchange under the symbol FPS. The planned offering amounts to 56 million Class A shares, with a proposed price range of $25.00 to $29.00 per share. The company intends to use proceeds from its portion of the sale to buy common units of its LL…
Santacruz Silver Mining Ltd. saw its stock climb 7% Monday after the company released fourth-quarter 2025 production figures and as silver prices pushed above $110 per ounce. Q4 consolidated output rose on a quarter-over-quarter basis driven by a notable recovery at the Bolívar mine following a May 2025 flooding event, while full-year 2025 producti…
A widespread winter storm delivering snow, sleet and freezing rain left more than 823,000 homes and businesses without electricity early Monday across regions stretching from the Ohio Valley and mid-South to New England. Nashville Electric Service and Entergy were among the hardest hit, while Duke Energy anticipated outages to rise through late Sun…
U.S. stock futures edged slightly lower Monday as traders entered a week that features a Federal Reserve meeting and major tech earnings. Several individual stocks moved notably in premarket trade on merger activity, government investment reports, shifts in commodity prices and corporate announcements, with gold producers and some energy and tech n…
Once Upon a Farm, PBC has filed for an initial public offering encompassing 10,997,209 shares priced in a $17 to $19 range, with the company offering 7.6 million shares and existing shareholders selling 3.4 million. At the top end of the proposed price range the offering could bring in up to $209 million. The shares are slated to trade on the New Y…
Evercore ISI upgraded Cisco to Outperform and increased its price target to $100 from $80, arguing the company is positioned for multi-year high single-digit sales growth and low-teens EPS growth. The firm highlighted an accelerating enterprise networking cycle, AI-related revenue potential, product momentum, and recovering traditional markets as t…
