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.
14,414 total articles
BellRing Brands drew widespread analyst downgrades after reporting second-quarter results that missed expectations and prompted management to reduce full-year adjusted EBITDA guidance by roughly 25%. The stock plunged nearly 40% on the day of the report and continued to fall in premarket trading the next session. Brokerage firms including Morgan St…
Shares of Simulations Plus jumped 28% after the company announced a technical collaboration with NVIDIA to integrate GPU-accelerated computing and AI-assisted workflows into its pharmacology and systems biology simulation products. The partnership will pair Simulations Plus' validated engines for PBPK, PK/PD and QSP with NVIDIA's AI infrastructure,…
Johnson Controls International increased its full-year adjusted profit guidance, citing stronger demand for its data center thermal management and cooling products linked to AI-driven expansion. The company reported second-quarter gains in adjusted earnings and revenue, and issued third-quarter guidance in line with analyst expectations, while its …
Oil prices fell steeply and energy stocks dropped worldwide after U.S. President Donald Trump said he would suspend a U.S. military action called "Project Freedom" aimed at reopening the Strait of Hormuz while talks with Iranian representatives continue. Brent crude fell below $100 a barrel and U.S. and European oil companies recorded notable losse…
U.S. equity futures strengthened Wednesday amid renewed optimism that the United States and Iran may be approaching an agreement to end hostilities in the Middle East. Gains in major contracts contrasted with weakness in energy names and a mixed set of corporate results and forecasts that drove notable premarket swings across sectors.
The U.S. Food and Drug Administration has granted marketing authorisation to Glas Inc for a set of fruit-flavoured, age-gated eVapour products. Jefferies interprets this as constructive for British American Tobacco given its leading share of the tracked U.S. eVapour channel and the potential reopening of a legal flavoured market after a 2020 restri…
BofA Global Research has singled out flatexDEGIRO (FTK) and FinecoBank (FBK) as its preferred names in the European platforms sector, citing FTK's multi-country retail-broker footprint and expected double-digit revenue growth and EPS CAGR, and FBK's exposure to net interest income and potential earnings upside versus consensus. Both stocks are view…
Pirelli will start producing its connected Cyber Tyre line in the United States at its Rome, Georgia facility following an Italian government decision to restrict the influence of major shareholder Sinochem. The move came after Italy exercised so-called golden powers to resolve a governance dispute tied to concerns about compliance with U.S. rules …
German authorities say vaccines lost from the closure of BioNTech production sites in Germany can be made up by other manufacturers, and that distribution to the population remains assured. BioNTech's decision to close facilities, described as part of a move away from pandemic-era operations, could affect up to 1,860 jobs. A government spokesperson…
Corning said it has struck a multiyear partnership with NVIDIA to expand domestic manufacturing of optical connectivity for AI data centers. The pact will increase U.S.-based optical connectivity capacity by 10x, raise fiber production by more than 50%, fund three new plants in North Carolina and Texas, and is tied to warrants issued to NVIDIA wort…
Hut 8 announced a 15-year, $9.8 billion triple-net lease for 352 MW of IT capacity at its Beacon Point AI campus in Nueces County, Texas, sending the company’s shares higher by 37%. The deal raises Hut 8’s total contracted AI data center capacity to 597 MW and carries projected cumulative NOI of $9.8 billion over the base lease term, with an expect…
J.P. Morgan upgraded Aker Solutions to a neutral rating from underweight and set a December 2027 price target of Nkr45, pointing to a notable increase in Asia-Pacific tendering, stronger backlog visibility and an improved medium-term earnings trajectory. The bank preserved a cautious note about elevated forward multiples and potential execution and…
U.S. airline stocks rose sharply after reports that the United States and Iran are close to a one-page memorandum intended to end hostilities and open negotiations on a detailed settlement. The move reduced perceived geopolitical risk, sending Brent crude to a two-week low and lifting major carriers by roughly 5% to 7.6%.
The New York Times reported net gains in digital-only subscribers that exceeded analyst projections, driven by elevated news consumption amid geopolitical tensions and policy shifts. The company continues to emphasize subscription-led growth and bundled product offerings, and its shares rose in early trading following the announcement.
Instacart, legally Maplebear, projected second-quarter gross transaction value above consensus and reported stronger-than-expected first-quarter results, driven by both price-sensitive and higher-income shoppers. The company signaled resilience in consumer spending despite macroeconomic uncertainty and emphasized affordability amid potential cost p…
Uber Technologies projected second-quarter gross bookings that exceed Wall Street consensus, driven by robust demand in ride-hailing and delivery, expanded international traction and gains from its membership program. Management factored in a roughly 60 basis-point drag from the Middle East conflict while highlighting AI adoption and a push into hi…
UBS upgraded its rating on Galenica from "sell" to "neutral" while leaving its CHF85 price target intact. The target sits slightly above the stock's current trading level of CHF82.05, implying roughly 4% upside. The broker's move follows about a 20% fall in the share price since late February and reflects UBS's revised assessment of buy-side sentim…
Passive, long-only vehicles bought $12.0 billion of emerging-market equities in April, with Taiwan, Brazil and China the largest recipients of inflows, Morgan Stanley reports. Active foreign managers were net sellers. Hedge funds concentrated exposure in Information Technology across Asia ex-Japan, while long-only investors adjusted regional and se…
Walt Disney reported adjusted earnings-per-share of $1.57 and revenue of $25.2 billion for the January-March quarter, beating analysts' expectations. New CEO Josh D'Amaro, in a letter to shareholders, reaffirmed the company’s outlook for accelerated adjusted EPS growth in fiscal 2026 and sustained double-digit growth into fiscal 2027, while outlini…
Morgan Stanley's analysis of Ministry of Transportation and industry data shows air passenger traffic in China declined 5.7% year-over-year over the May 1-5 Labor Day holiday, even as total passenger movements increased 3.5%. Rail and road travel posted year-over-year gains, while air ticket prices rose sharply and parcel volumes weakened.
Deutsche Bank has moved Telecom Plus from 'buy' to 'hold' and cut its price target to 1300p from 2000p. The revision comes amid concerns that the company's word-of-mouth multiservice acquisition model is under strain; the news coincided with a notable drop in the stock price on the day of the update.
The USDA weekly Crop Progress snapshot shows corn planting 38% complete, level with last year and modestly ahead of the recent average, while soybean planting is at 33%, outpacing last year by 5% and the recent average by 10%. Emergence for both crops sits at 13% and futures have rallied, with corn contracts reaching multi-month highs and soybeans …
Stifel's April U.S. online gambling tracker reports a slowdown in sports betting handle growth, with year-over-year comparisons turning negative. iCasino gross gaming revenue growth remains healthy and consistent with company guidance. The report notes shifts in market share dynamics, continued high Kalshi volumes, legal developments affecting Kals…
Apollo Global Management said its assets under management exceeded $1 trillion in the first quarter, lifting fee-related earnings to an all-time high and helping adjusted net income increase 8% year-over-year. The firm recorded sizable inflows but reported a GAAP net loss driven by unrealized retirement-business investment losses.
Jefferies upgraded Kuehne+Nagel from hold to buy and increased its price target to CHF220 from CHF190, citing potential cost savings from artificial intelligence that it says are not yet captured in consensus estimates. The broker models CHF200 million of cost reductions and now forecasts 2028 EBIT of CHF1.75 billion, roughly 10% higher than Bloomb…
