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.
14,413 total articles
CVS Health surged in morning trading after reporting a substantial first-quarter 2026 earnings beat and lifting its full-year guidance. Adjusted EPS came in at $2.57 versus roughly $2.21 expected, while revenue reached $100.4 billion compared with about $95 billion consensus. Management cited improvement at the Health Care Benefits segment and stro…
OpenAI, together with AMD, Broadcom, Intel, Microsoft and Nvidia, announced Multipath Reliable Connection (MRC), an open-standard networking protocol intended to remove throughput constraints in large-scale AI training clusters. Built as an extension to RDMA over Converged Ethernet, MRC shards network interfaces into many smaller links and uses IPv…
Uber Technologies reported Q1 2026 results that outperformed profitability expectations and gave stronger-than-expected forward bookings guidance. The company posted record GAAP income from operations of $1.9 billion, non-GAAP EPS of $0.72 (up 44% year-over-year), and sizable share repurchases. Market reaction lifted the stock roughly 7.75% in morn…
Amcor shares climbed sharply after the packaging company reported third-quarter fiscal 2026 results that topped revenue expectations, matched adjusted EPS consensus, and lifted full-year adjusted EPS guidance. Management highlighted accelerated synergy capture from the Berry Global acquisition and declared a slightly higher quarterly dividend, whil…
Greek equities ended higher on Wednesday, with the Athens General Composite up 3.17% at the close. Banking, construction and travel names were among the largest contributors to the advance. Viohalco SA posted the session's largest gain and reached an all-time high, while energy-related names weighed on the downside as oil prices fell sharply. Curre…
SpaceX disclosed a proposed initial $55 billion investment for a semiconductor manufacturing complex in Texas, while Tesla plans to build research capacity and use Intel's 14A process for chips intended for vehicles, humanoid robots and space-based AI data centers. The Terafab initiative envisions two advanced fabs, potential total investment up to…
Corning shares spiked after the company and NVIDIA unveiled a long-term commercial and technology agreement to sharply increase U.S. production of advanced optical connectivity for AI infrastructure. The plan calls for a 10x expansion of U.S. optical capacity, three new plants, and more than 3,000 jobs, alongside a $500 million securities purchase …
MannKind Corporation saw a sharp rise in its stock following disclosure of a development program with United Therapeutics to create a dry powder inhalation (DPI) formulation of ralinepag. The deal outlines potential milestone payments, royalties, and a lead-manufacturer role for United Therapeutics while MannKind will support formulation and supply…
International Flavors & Fragrances stock rallied sharply after the company reported Q1 2026 results that beat estimates, returned to profitability, and kept its full-year outlook intact. The report, issued after the previous session's close, showed higher-than-expected adjusted EPS, modest top-line variance versus last year, and currency-neutral sa…
Kuehne + Nagel's U.S. customs team says the online mechanism to claim refunds for tariffs the U.S. Supreme Court deemed unlawful is functioning more effectively than many had feared. The Swiss freight forwarder is helping customers prepare and submit filings through the U.S. Customs and Border Protection portal and reports thousands of its U.S.-imp…
DaVita HealthCare Partners vaulted higher in morning trading after reporting a Q1 2026 earnings package that exceeded expectations across key metrics, accompanied by a raised full-year adjusted EPS outlook and a high-profile buy upgrade from Deutsche Bank. The move was supported by operational gains, comments on market share opportunity from clinic…
Stocks moved sharply across market-cap segments on Wednesday as analyst upgrades, corporate actions and earnings announcements produced large intraday swings. Mega-cap technology names including Advanced Micro Devices and Arm saw strong rallies, while Arista Networks and major energy producers slipped. Mid- and small-cap issues recorded some of the…
Tonix Pharmaceuticals saw a 5.1% share increase Wednesday after announcing a group purchasing organization coverage agreement effective May 1 that provides access to about 35 million U.S. commercial lives for TONMYA. The company also reported Medicaid coverage in 38 states covering roughly 55 million lives, and said discussions with Medicare and ad…
Zee Entertainment has taken the Reliance-Disney joint venture to court in New Delhi, accusing the JV of using songs from Zee’s music catalogue after licensing agreements lapsed. The 1,800-page suit, filed April 14, seeks $3 million in damages and asks the court to halt any ongoing use of the works. The dispute adds to several ongoing legal confront…
Bank of America data show that 43% of active funds worldwide outperformed their benchmarks in April, with a median relative return of -0.43%. Global equities rose 10.0% in the month, driven by rotation into higher-risk stocks. Performance varied by style and region, with growth strategies and Asia Pacific ex-Japan managers faring relatively better …
Blaize Holdings Inc. shares dropped 20.6% after the company priced an underwritten public offering of common stock at $1.85 per share. The placement covers 18,918,918 shares for gross proceeds of about $35 million before fees and underwriter discounts, with a 30-day option for underwriters to buy up to 2,837,837 additional shares. The offering is e…
Ted Turner, the audacious entrepreneur who built a multimedia empire that included CNN and transformed cable television, has died at 87, Turner Enterprises said in a press release cited by CNN. Turner’s influence spanned broadcasting, sports, environmentalism and philanthropy; he disclosed in 2018 that he had been diagnosed with Lewy body dementia.
InflaRx N.V. stock climbed 22% on Wednesday following an announcement that the company will advance its oral C5a receptor antagonist izicopan into development for ANCA-associated vasculitis (AAV). Management said it is planning a Phase 2 program for AAV, exploring multiple development strategies including a potential expedited commercial path, and …
On May 6 the U.S. Supreme Court declined to temporarily halt a judicial order that found Apple in contempt over its handling of App Store rules in litigation brought by Epic Games. The court, through Justice Elena Kagan, refused Apple’s request for a pause of a 9th U.S. Circuit Court of Appeals ruling, leaving intact the contempt determination whil…
Fermi Inc. (NASDAQ:FRMI) stock rose 10% after the company rejected two SEC filings from former CEO Toby Neugebauer seeking to convene shareholder meetings and change board composition. Fermi said Neugebauer was terminated for cause, called his proposals invalid, urged shareholders to oppose them, and highlighted charter provisions designed to prese…
TGJones, the business once operating under the WH Smith high-street brand, has put in motion a restructuring programme supported by financial backing from owner Modella Capital. The initiative, which includes cost reductions and the possibility of store closures, aims to preserve most of the retailer's estate while addressing steeply weakened tradi…
Shares of Ingram Micro Holding Corporation fell 6.4% on Wednesday after Ingram Holdco, an affiliate of Platinum Equity, priced a secondary offering of 12.7 million shares at $26.00 per share. Ingram Micro will not sell shares in the transaction but has authorized a concurrent $30 million repurchase of common stock from the underwriters at the same …
Dow Inc. shares dropped sharply after reports that Washington and Tehran are nearing a one-page memorandum that could end hostilities and begin negotiations to reopen the Strait of Hormuz and lift sanctions. Chemical and fertilizer names that had benefited from elevated prices amid regional tensions fell across the board.
DeepSeek, the Hangzhou-based artificial intelligence startup, is holding advanced discussions with government-backed investors to raise several billion dollars. Recent talks have placed the firm's valuation at about $50 billion, up from prior ranges between $10 billion and $30 billion. A state-backed fund with roughly $8.8 billion in capital is rep…
Barclays downgraded Abercrombie & Fitch Co. to an Underweight rating and reduced its price target by 20% to $76, signaling modest downside from the retailer's recent trading level of $78.97. The firm pointed to deeper promotions at Hollister, a crowded apparel landscape, tariff pressures and a likely normalization of operating margins after a peak …
