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.
14,380 total articles
Prediction-market operator Kalshi announced a $1 billion Series F round valuing the company at $22 billion, led by Coatue with participation from Sequoia Capital, Andreessen Horowitz, IVP, Paradigm, Morgan Stanley and ARK Invest. The raise follows an 800% increase in institutional trading volume over the past six months and dramatic growth in annua…
Venu Holding Corporation said it is engaged in active discussions with several Northern Colorado municipalities about building a multi-season, multi-configurational entertainment venue that would cost more than $350 million and hold about 12,500 people. The announcement pushed Venu Holding shares up 2.5% in premarket trading as the company explores…
European luxury equity prices rose for a second session as hopes for a resolution to the Middle East conflict improved the outlook for international travel and affluent consumer spending. Major houses including Hermès, Kering, LVMH, Richemont, Moncler and Burberry advanced modestly, while Swatch surged more than 7%, marking a standout single-day ga…
Coinbase announced plans to cut about 700 roles, roughly 14% of its workforce, as it reduces expenses amid muted trading volumes and shifts teams toward workflows driven by artificial intelligence. Management expects most restructuring costs, estimated at $50 million to $60 million, to be recorded in the second quarter of 2026, and says affected em…
Futures tied to Canada’s primary equity gauge moved slightly higher on Thursday as markets digested reports that the U.S. and Iran are progressing toward a negotiated framework. The S&P/TSX composite hit multi-week highs the previous session, driven by gains in financials and metal miners that offset weakness in energy shares following a pullback i…
Datadog’s first-quarter results and upgraded guidance triggered a notable rally in software stocks, with the monitoring and analytics firm’s shares jumping about 30% premarket. The move supported double-digit and high-single-digit gains in several cloud software peers and lifted the iShares Expanded Tech-Software ETF.
Major U.S. banks are preparing a final round of lobbying and formal feedback aimed at reducing proposed capital charges in the Federal Reserve’s revised capital rules. Industry officials say banks will press regulators on a new charge for a portion of unused credit lines, the calculation of the GSIB surcharge and other technical elements of the pro…
Shares of Atara Biotherapeutics surged 40% after partner Pierre Fabre Pharmaceuticals received FDA guidance on how to resubmit the biologics license application for tabelecleucel. The agency indicated a single-arm trial using a suitable historical control could constitute an adequate and well-controlled study to demonstrate safety and efficacy. Pie…
This report catalogs significant insider transactions disclosed for Wednesday, May 6, 2026, highlighting major purchases by funds affiliated with General Atlantic in Alkami Technology and concentrated sells by Magnetar-affiliated entities in CoreWeave and by a trust linked to Rush Street Interactive’s executive chairman. The round-up also covers in…
U.S. equity futures were modestly higher early Thursday after a strong rally in the previous session tied to hopes of an imminent end to the Iran war. Energy names fell alongside a drop in crude, while a range of corporate earnings and guidance moves drove outsized stock reactions in consumer, industrial and technology sectors.
Federal prosecutors charged 30 individuals in a sprawling insider trading case that allegedly relied on confidential merger-and-acquisition information stolen from top Wall Street law firms. The U.S. Attorney's Office and the SEC say the conspiracy funneled nonpublic deal details to traders and paid significant kickbacks to sources, generating subs…
Cheniere Energy reported a $3.5 billion net loss for the first quarter, driven largely by a $4.8 billion adverse mark-to-market on derivative contracts tied to long-term LNG agreements. The company warned that shipping disruptions linked to the Middle East conflict may tighten global gas supply and sustain price volatility, pressuring earnings and …
Saudi Arabia's stock market ended Thursday stronger, with the Tadawul All Share climbing 0.75% at the close. Gains in Energy & Utilities, Cement and Petrochemicals helped lift the index, while a mix of large single-stock moves produced a narrow advance in listed issues. Oil prices fell notably, and currency moves showed modest gains for the euro ag…
Fortinet shares jumped sharply in premarket trading after the cybersecurity firm reported a much stronger-than-expected first quarter. Billings, revenue and non-GAAP earnings all beat analyst forecasts, and BTIG responded by raising its rating to Buy and setting a $125 price target. Management highlighted momentum across Unified SASE, operational t…
Morgan Stanley's latest Eurozone Banks report identifies a concentrated roster of banks it views as well positioned to outperform as the region's lending backdrop improves. After two years of turbulence driven by rate shocks and deposit repricing, loan growth across the eurozone is reaccelerating, deposit dynamics remain sturdy, and banks are seein…
Jefferies has maintained buy recommendations across major UK domestic banks despite a sector de-rating of more than 15% since January. The brokerage raised medium-term EPS forecasts and increased its terminal base-rate and five-year swap assumptions, while highlighting a strong structural hedge position and accelerating private sector credit growth…
Melia Hotels expects robust sales in Spain this summer as geopolitical tensions in the Middle East prompt travelers to alter plans toward Mediterranean and Caribbean destinations. CEO Gabriel Escarrer told shareholders that bookings at the group's luxury resorts and urban hotels in Spain are rising in double digits, and the company has lifted its E…
BMO Capital Markets upgraded Prologis to Outperform from Market Perform and increased its price target to $162 from $137, highlighting the company’s expanding role in data center development and leasing. The broker emphasized a secured and late-stage pipeline totaling 3.7 gigawatts of leaseable capacity, rising data center starts and a multi-billio…
Sarepta Therapeutics saw its stock tumble in premarket trading after reporting a sharp decrease in first-quarter revenue from its gene therapy Elevidys. The company attributed the decline in sales volume to an updated label that limits treatment to patients who can walk - a change issued by the FDA following safety concerns and patient deaths. Over…
Citigroup shares fell 3.1% in premarket trading after the bank's investor day presented a phased ROTCE plan: 10%-11% for 2026, 11%-13% for 2027-2028 (excluding notable items), and a medium-term 14%-15% range for 2029-2031. Analysts said the near-term trajectory and clarity on capital returns will be closely watched by investors.
Early prescribing and sales data for oral GLP-1 weight-loss pills have pushed up shares of Novo Nordisk and Eli Lilly. Strong initial uptake, substantial self-pay volumes and signs that many users are treatment-naive suggest oral formulations could broaden the obesity treatment market beyond existing injectable users, though pricing erosion and com…
Jefferies' channel checks show a deterioration in demand for China white goods in April and the first days of May versus the first quarter of 2026, with air conditioners leading the slowdown. Early May retail sales fell by double-digit percentage points year-on-year during the May 1-5 period. Retail prices have risen an estimated 3% to 5% year-to-d…
Citigroup unveiled a new adjusted return on tangible common equity (ROTCE) target of 11% to 13% for 2027 and 2028, signaling confidence in CEO Jane Fraser’s multi-year reorganization. The goal exceeds the bank’s current-year ambition of 10% to 11% and follows a strong first quarter in which Citi posted a 13.1% ROTCE and its highest quarterly revenu…
Papa John’s International reported first-quarter revenue and adjusted earnings below analyst expectations as customer visits lagged, particularly in the U.S., amid elevated living costs. North America comparable sales declined for a third straight quarter and shares fell in premarket trading. The company maintained its full-year guidance while an o…
Americold Realty Trust and EQT’s Active Core Infrastructure fund have agreed to form a joint venture centered on temperature-controlled warehouses across North America. Americold will contribute 12 facilities valued at more than $1.3 billion at inception, with EQT taking a 70% ownership stake and Americold holding 30% while continuing to manage day…
