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.
7,501 total articles
Activist investor Starboard Value urged CarMax to overhaul its online buying and selling experience, tighten selling, general and administrative spending and adopt more responsive pricing to regain market share. The firm, which holds roughly $350 million in CarMax stock, also nominated two directors for the automaker's board and highlighted potenti…
Insider filings disclosed Tuesday show a mix of large purchases and sizable disposals among US-listed companies. The largest reported buy was by a PROCEPT BioRobotics director who acquired over $10.4 million of stock across several trades in early March. Other notable buys included purchases at Eastern Co, Grocery Outlet, Mesa Laboratories, Tecnogl…
Bernstein has downgraded Aston Martin Lagonda to "market-perform" from "outperform" and cut its price target to 50p from 110p following management confirmation of a substantial reduction in mid-term volume expectations. The broker reduced near- and medium-term volume forecasts and revised forecasts for earnings, cash flow and financing needs, while…
Amid renewed market rotation prompted by heightened tensions in the Middle East, an AI-powered stock selection model has surfaced a set of tech infrastructure and energy names producing double-digit returns in March. Members following the model’s monthly updated list have recorded notable gains in companies including Klaviyo, Intuit and Par Pacific…
Saudi Arabia's stock market closed slightly higher on Wednesday as gains in petrochemicals, real estate development and multi-investment stocks offset losses among utilities and insurance names. The Tadawul All Share rose 0.11% at the session close. Key individual movers included Retal Urban Development, Emaar The Economic City and The National Co …
Schlumberger reported a suspension of travel to and transit through the Middle East and has initiated demobilization of operations in multiple countries in the region. The company said the moves will push first-quarter revenue below expectations and will generate roughly 6 to 9 cents per share of additional expense. Shares dropped about 2% in prema…
Bank of America reports that clients purchased equities during last week’s market decline, producing the largest recorded inflows into individual stocks in its weekly dataset since 2008. Institutional investors accounted for much of the demand, while hedge funds remained net sellers for a third straight week. ETF flows were positive across styles, …
Uber Technologies Inc. stock jumped 3.75% Wednesday morning after the company announced a strategic partnership with Zoox, an independent subsidiary of Amazon.com, Inc., to make Zoox robotaxis available through the Uber app in Las Vegas and Los Angeles. The rollout begins in Las Vegas this summer, with Los Angeles expected in mid-2027. Zoox will co…
Federal banking regulators are preparing a set of capital-rule proposals aimed at fostering increased lending by large and midsize U.S. banks. The package, expected to be announced as soon as next week, contains a revised Basel III proposal, an option for midsize banks to use standardized capital-calculation methods, and an adjustment to the surcha…
China shifted from its longstanding role as a net importer to a small net exporter of refined zinc following a sharp increase in shipments during the fourth quarter. The change was driven by a period of deep backwardation in London Metal Exchange forward curves for 2025 that briefly made exports from Chinese smelters profitable. Subsequent rebuildi…
Nebius Group shares rose sharply after NVIDIA announced a $2 billion strategic investment to help build hyperscale AI cloud infrastructure. The agreement calls for deployment of multiple generations of NVIDIA hardware across Nebius's platform and a plan by Nebius to exceed 5 gigawatts of capacity by the end of 2030. NVIDIA's financing approach has …
U.S. stock futures held near unchanged levels early Wednesday after an initial dip, with investors watching developments linked to the Iran conflict and awaiting U.S. inflation figures. Oracle and Uber were among the largest premarket gainers following corporate updates and partnerships, while Campbell’s Co. moved lower after reporting weaker-than-…
Wolfe Research finds that rising gasoline prices present a potential drag on consumer spending and nominal GDP, but notes that year-to-date increases in tax refunds and near-term fiscal stimulus from the OBBB should help absorb much of the pressure. The firm also expects markets to remain headline-driven in the short term while most investors antic…
S&P 500 futures dipped after reports that Israeli leaders, speaking in closed discussions, see no certainty the bombing campaign will topple Iran’s clerical government. Despite heavy strikes that officials say have killed Iran’s supreme leader and senior commanders, there is little sign of an uprising, and both Israeli and U.S. public messaging on …
Deutsche Bank has elevated Argenx (EBR:ARGX) from Hold to Buy and lifted its price target to
Uber Technologies has signed a multi-year agreement to integrate Zoox’s purpose-built robotaxis onto the Uber platform. The deal, announced Wednesday, represents Zoox’s initial commercial relationship with an external ride-hailing service and will begin service in Las Vegas this summer, with Los Angeles scheduled for mid-2027.
Hong Kong raised more than HK$97 billion from initial public offerings in early March, roughly ten times the amount raised in the same period a year earlier, driven by robust trading liquidity and concentrated sponsorship from a handful of underwriters. The surge comes amid modest declines in benchmark indexes and a deep IPO pipeline dominated by o…
Futures tied to Canada’s primary stock index traded with little direction as market participants monitored developments in the Iran conflict and awaited key U.S. inflation figures. Volatility in oil prices driven by the fighting in the Middle East left sentiment around the commodities-heavy S&P/TSX sensitive, while U.S. futures hovered near flat an…
JPMorgan upgraded Oracle from Neutral to Overweight after the company reported fiscal third-quarter results that beat estimates on several metrics. The bank lowered its December 2026 price target to $210 from $230 but said a steep recent share selloff and pervasive investor pessimism have created a more attractive risk-reward setup. Key drivers cit…
Serve Robotics Inc. saw its stock rise 12% after announcing a collaboration with White Castle to deliver the chain’s menu items via Serve’s autonomous sidewalk robots on the Uber Eats platform. The arrangement makes robotic deliveries available to customers who order White Castle within Serve’s current delivery zone and extends Serve’s presence on …
Nike shares rose about 2% after Barclays upgraded the stock to Overweight from Equalweight and lifted its price target to $73 from $64. Analyst Adrienne Yih pointed to visible operational improvements in North America, progress on inventory management, and management’s disciplined moves as reasons the risk/reward profile now looks more favorable. B…
BNP Paribas lowered its rating on Smiths Group to neutral from outperform and cut its sum-of-the-parts target to 2,700p from 2,900p after reassessing the outlook for the company’s oil and gas-exposed John Crane division. The bank trimmed EPS forecasts for 2026-28 and highlighted weak comparable results from Rotork as the catalyst for the downgrade.…
Mediterranean Shipping Company (MSC) will introduce emergency fuel surcharges on a series of international shipping lanes beginning March 16, 2026. The levies specify per-container amounts on routes from Northern Europe and the Scanbaltic region to the Red Sea and East Africa, expand to numerous other corridors including Southern Africa and Asia, a…
Bank of America aggregated credit card data recorded a 3.8% year-over-year increase in overall credit card spending in February, the ninth consecutive month of acceleration and the strongest pace since January 2023. While annual growth rates picked up across several categories including restaurants and travel, month-over-month spending fell 5.4%, s…
BMW will recall 147,830 imported vehicles in China due to a manufacturing defect affecting the starter motor, the country’s State Administration for Market Regulation said. The defect can make vehicles difficult to start and, in extreme instances, could lead to a fire. The recall affects a range of 2 Series through 7 Series models and several SUVs …
