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.
14,453 total articles
Jet.AI Inc. stock climbed after the Securities and Exchange Commission declared effective the Form S-4 registration statement filed by flyExclusive in connection with the planned merger. The SEC action moves the transaction into the stage where shareholders will vote, with proxy materials to be filed and distributed in early May and a special meeti…
Novo Nordisk will begin selling an existing oral semaglutide tablet under the Ozempic brand in the United States, offering 1.5 mg, 4 mg and 9 mg doses via more than 70,000 pharmacies. The company says the reformulated pill is equivalent in safety and effectiveness to Rybelsus, which contains the same active ingredient but is sold under that name ou…
FLSmidth said it is conducting an internal investigation after discovering it had supplied certain pre-contract tender materials to individuals in Russia linked to a small number of potential projects in Kazakhstan. The company has stopped pursuing the tenders and informed U.S. and Danish authorities while the probe continues.
Wolfe Research strategists say the recent S&P 500 rally has been narrowly concentrated in about 10 large technology names—primarily semiconductors and AI-linked firms—and they expect that group to continue leading returns. The firm cites AI as the dominant secular theme, capital reallocation from slower foreign markets, and rising odds of stagflati…
The Food and Drug Administration has appointed Katherine Szarama as acting director of its Center for Biologics Evaluation and Research (CBER), according to a Politico report. Szarama succeeds Vinay Prasad after his contentious tenure; HHS did not immediately respond to a request for comment and the FDA commissioner said a permanent successor has n…
BCA Research has moved to upgrade equities and cut its recommendation on cash, citing an AI-driven corporate investment boom that it says is powering growth independent of consumer demand. The firm flagged heavy hyperscaler spending, the economic drag from the Strait of Hormuz closure, and subsequent regional allocation changes across equity market…
Bank of America cautions investors against broadly buying the S&P 500 after the index returned to record levels. The bank's Sell Side Indicator (SSI) remained unchanged at 55.6% in April, a neutral reading that is nearer a sell signal than a buy signal. BofA strategists highlight that the recent rally was concentrated among mega-cap names, that onl…
Cboe Global Markets reported a significant rise in first-quarter net income, driven by elevated options trading during a volatile period. The company simultaneously announced plans to reduce its workforce by about 20% as it reallocates investment toward core businesses. Average daily index options volume reached a record level for the quarter.
Colgate-Palmolive reported first-quarter sales and adjusted earnings above analyst expectations, driven by solid international demand for oral, personal and household care products. The company cited steady volume and pricing gains that helped margins despite higher tariffs, raw materials and logistics costs. Management reaffirmed annual guidance b…
The U.S. Department of Defense has reached agreements with seven leading artificial intelligence companies to bring their advanced capabilities onto the Pentagon's classified networks, integrating them into Impact Levels 6 and 7 to support data synthesis and operational decision-making. Separately, one major AI developer remains barred after a disp…
Wolfe Research finds that the market-cap-weighted S&P 500 has lagged its equal-weighted counterpart despite similar year-to-date returns following a strong rally from October 2025 through the onset of the Iran conflict. The most recent rebound has been narrowly focused, with 10 major technology companies capitalizing on AI momentum responsible for …
Analysis from Truist shows regional banks have outperformed the broader market this year while the largest banks have underperformed. As quarterly results conclude and investor focus rotates to other sectors, Truist highlights strengthening loan growth, tighter earnings estimates following a solid quarter, and subdued merger-and-acquisition activit…
Atlassian, Twilio and Five9 each reported quarterly results that beat consensus, prompting sharp premarket gains and renewed analyst interest. The results boosted a software sector that has been under pressure, with analysts reacting through price-target adjustments and reiterated Buy or Outperform ratings.
Two Harbors Investment shares climbed about 5% after UWM Holdings Corporation submitted an amended takeover proposal valuing Two Harbors at $12.00 per share. The proposal, backed by an increased $1.3 billion unsecured bridge from Mizuho Bank, gives shareholders the choice of cash or stock and seeks to position UWMC’s bid above a competing cash offe…
Macau's April gross gaming revenue increased to 19.89 billion patacas year-over-year but fell short of consensus expectations. Stifel trimmed its 2026 gaming revenue growth projection to a 5% to 9% range, citing persistent weakness in mass spend per visitor despite robust visitation and the return of VIP and premium mass segments.
BYD recorded a 15.5% decline in vehicle sales in April compared with the same month a year earlier, marking the eighth consecutive month of falling sales. The company said the figures via a Weibo post from executive Li Yunfei. While domestic demand weakened, overseas deliveries rose 35% to 130,000 vehicles in April, reversing a 20.5% decline in Mar…
Macquarie analysts warned that proposed Federal budget changes to capital gains tax (CGT) and negative gearing for investment property represent a headwind for Australian banks. The firm expects further home price weakness as tax changes combine with Reserve Bank of Australia rate hikes, and retains Underperform ratings on several major lenders. Ma…
Morgan Stanley analysts now project the Federal Reserve will maintain its current interest rate stance until early 2027. The firm cites the April FOMC's move away from an easing tilt, continued 2.0% GDP growth in Q1 2026, resilient labor conditions, elevated inflation in the quarter, and a surge in non-residential investment that extends beyond AI-…
Contracted sales for 25 large Chinese property developers tracked by Morgan Stanley fell 9% year-on-year in April, according to CRIC data, narrowing the year-to-date decline to 31% year-on-year. Morgan Stanley highlights state-owned enterprises' outperformance and calls for continued vigilance on sales durability across cities.
Aon reported higher first-quarter adjusted profit and robust revenue growth in its risk-capital business, supported by continued demand for risk-management solutions as individuals and companies maintain or increase insurance coverage to guard against threats such as natural disasters and cyber crime.
The U.S. Department of Defense has reached agreements with Nvidia Corp., Microsoft Corp., Reflection AI Inc., and Amazon Web Services to deploy advanced artificial intelligence capabilities on classified military networks, according to a Bloomberg report. These arrangements add to a growing list of tech providers the Pentagon is authorizing for ope…
Bank of America says the Bank of Canada struggled to keep short-term rates within target this quarter-end as repo trading jumped to 20 basis points above the policy target. Despite central bank interventions, CORRA volatility and limited take-up of offered liquidity highlighted strains tied to settlement balance fluctuations and dealer balance shee…
Tokyo's April inflation readings showed a sharper-than-expected deceleration in the Bank of Japan's favored core measure, falling to 1.9% year-over-year from 2.3% in March. Barclays says the decline was driven largely by institutional policy changes, notably the expansion of free childcare for first children, alongside price moves in travel, pet fo…
Ares Management reported approximately $30 billion in first-quarter fundraising, driven by strong institutional demand for its credit strategies. The firm also recorded growth in assets under management, a large uninvested capital base, and rising fee-related earnings, while noting continued market volatility and industry scrutiny of private credit…
According to BTIG, the S&P 500 Technology sector is on track for a 17% gain in April, its largest monthly advance since November 2002. The semiconductor-focused SOX index jumped 37% in the month, and several China-focused ETFs recorded notable strength, with the KraneShares STAR 50 ETF up 26% and the xTrackers CSI 300 ETF reaching a 52-week high.
