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.
14,016 total articles
ARKO Petroleum Corp. completed a $200 million initial public offering that closed on Feb. 13, issuing 11,111,111 shares of Class A common stock at $18 per share. Net proceeds were about $183.2 million. Shares began trading Feb. 12 on the Nasdaq Capital Market under the ticker APC. ARKO Corp., the parent company, continues to hold the bulk of both e…
S&P Global Ratings changed its outlook on Pandora to negative from stable while maintaining a BBB rating, pointing to a temporary rise in leverage caused by surging silver prices and costs tied to converting product assortments to platinum-plated items. The agency projects margin compression and a near-term fall in revenue and free operating cash f…
The World Bank intends to provide Mozambique with $6 billion in principally concessional finance for public investment projects across the next five years, aiming to combine roughly $3 billion from its balance sheet with $3 billion mobilised externally. Officials also seek an additional $4 billion for private-sector activity while the country faces…
Live Nation Entertainment has asked a federal judge to halt the upcoming antitrust trial scheduled for March 2 so it can appeal a February summary judgment order that allowed most of the Justice Department's case to continue. The company contends two legal questions decided by the court merit immediate appellate review and that a stay would conserv…
The U.S. Supreme Court on Monday agreed to review an appeal from ExxonMobil and Suncor Energy seeking dismissal of a lawsuit filed by Boulder, Colorado, that alleges the oil companies should be liable for costs tied to climate change mitigation. The appeal follows a lower-court ruling allowing the litigation to proceed; the Colorado Supreme Court d…
Shares of several U.S.-listed paper and packaging companies fell after a surprise decline in containerboard prices was reported. International Paper dropped 7.1%, Packaging Corp of America fell 6.8% and Smurfit Westrock slid about 5% following RISI's February pricing release, as highlighted in a Stifel report. Analysts say the move could weigh on n…
Bank of America reduced its price target for Dell Technologies to $135 from $150, while maintaining a Buy rating. The cut reflects a sharp rise in memory prices that the bank says could materially pressure Dell's margins and fiscal 2027 earnings, though analysts caution the projected impacts are upper-bound estimates and may be mitigated by cost an…
Generate Biomedicines, Inc. filed to raise up to $425 million in an initial public offering on the Nasdaq under the symbol GENB. The company plans to offer 25 million shares at an expected price of $15.00 to $17.00 per share and has granted underwriters an option for an additional 3.75 million shares. Its lead candidate, GB-0895, entered Phase 3 do…
Novo Nordisk’s experimental obesity drug CagriSema underperformed Eli Lilly’s Zepbound in a direct comparison, prompting analysts to question Novo’s path to regain its early lead in the obesity drug market. Industry strategists say the trial result amplifies commercial uncertainty and could push investor attention to potential M&A moves to shore up…
Jefferies downgraded Deere & Co to Underperform, arguing the stock's rally has priced in a full recovery in the agriculture cycle and elevated multiples. The broker set a $550 target tied to a 15x multiple on what it expects to be peak earnings in 2029, and highlighted weakening farmer incomes, falling high-horsepower equipment sales, and persisten…
Bank of America defended Blue Owl, saying market misinformation and elevated uncertainty have depressed the stock and created an attractive entry point. The bank set a $24 price target - more than a 100% total-return upside from current levels - based on a 25-times multiple on its 2028 distributable earnings estimate after adjusting for stock-based…
ASML researchers report a technical advance that raises the power of the extreme ultraviolet (EUV) light source in its chip-printing machines from 600 watts to 1,000 watts. The company says the development could enable individual EUV systems to produce roughly 50% more chips by the end of the decade by increasing wafer throughput to about 330 wafer…
Shares of Allurion Technologies jumped 40% after U.S. Food and Drug Administration approval of the Allurion Gastric Balloon System, which includes the ingestible Allurion Smart Capsule. The approval covers treatment for adults with a body mass index of 30 to 40 kg/m2, potentially addressing roughly 80 million Americans in that range, according to t…
Bank of America analysts say the Supreme Court's decision to invalidate the IEEPA-based tariffs has delivered a notable positive shock to portions of the small- and mid-cap e-commerce universe. Shares in the group rallied after the ruling but pared gains when a new global tariff under Section 122 was announced. Within the sector, Etsy is singled ou…
Summary: Our Bond, Inc. (NASDAQ:OBAI) said it signed a phase 1 commercial agreement worth approximately $250,000 with one of the world’s five largest pharmaceutical companies. The deal will roll out Bond’s AI-powered personal security platform to about 5,000 of the pharmaceutical firm’s 100,000 U.S. employees, establishing a $250,000 annual recurri…
TOP Ships Inc. (NASDAQ:TOPS) said it will acquire nine special purpose companies that hold shipbuilding contracts for ECO MR product/chemical tankers, in a deal that carries a potential gross revenue backlog of about $679 million. The transaction, with an entity affiliated with the company's CEO as seller, includes secured time charter employment s…
VenHub Global's stock rose 20% Monday morning after the company unveiled self-diagnostic systems across its autonomous store robotics. The upgrade includes component-level monitoring and a predictive maintenance tool that alerts operators and VenHub's service team when motors or sensors approach the need for servicing or replacement. The changes ar…
Shares of Reliance Global Group Inc (NASDAQ: EZRA) surged in premarket trading after the company completed the acquisition of Enquantum Ltd., a developer of hardware-accelerated, NIST-aligned post-quantum cryptography. The transaction is structured as a milestone-driven program intended to raise Reliance's stake to a 51% fully diluted controlling i…
Dominion Energy raised its five-year capital spending plan as it responds to growing electricity demand from large data centers, but projected 2026 operating earnings that sit below analysts' consensus. The company reported a modest beat on fourth-quarter adjusted earnings, while operating expenses climbed nearly 11%, and its shares slipped in prem…
United Homes Group (NASDAQ:UHG) saw its stock drop 49.6% in premarket trading Monday following announcement that Stanley Martin Homes will acquire the company in an all-cash deal. The transaction values United Homes at an enterprise value of about $221 million and offers shareholders $1.18 per share, a significant discount to the company’s most rec…
Enhabit Inc. agreed to be acquired by private equity firm Kinderhook Industries in an all-cash transaction valued at roughly $1.1 billion. The deal, unanimously approved by Enhabit’s board, will pay stockholders $13.80 per share and is expected to close in the second quarter of 2026 subject to customary approvals. Following the announcement, Enhabi…
U.S. equity benchmarks closed higher on Friday after the Supreme Court curtailed much of President Trump's tariff program, a move that could ease cost pressures for businesses. The S&P 500, Nasdaq and Dow all posted gains for the day and week, while attention shifts to Nvidia's upcoming earnings and a docket of economic reports due in the coming da…
Psyence Biomedical Ltd. (NASDAQ:PBM) said it will acquire 2,900 shares of Psyence Labs Ltd. through a share-for-share exchange after Psyence Labs exercised a previously disclosed put option. The Labs shares are valued at $5 million using a per-share fair market valuation of $1,724. In return, Psyence Biomedical will issue 1,146,159 common shares to…
MoonLake Immunotherapeutics saw its stock climb in premarket trading after disclosing topline results from the Phase 2 S-OLARIS study of sonelokimab in axial spondyloarthritis (axSpA). The data showed high rates of clinical response at Week 12, corroborated by PET and MRI imaging, while the safety profile remained consistent with earlier studies. T…
Gossamer Bio's stock plunged 80% on Monday after its inhaled investigational therapy seralutinib did not meet the primary endpoint in the Phase 3 PROSERA study for pulmonary arterial hypertension (PAH). The trial showed a placebo-adjusted improvement in Six-Minute Walk Distance (6MWD) of 13.3 meters at Week 24 with a p-value of 0.0320, missing the …
