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.
14,455 total articles
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.
Registrations of Tesla vehicles climbed sharply in France, Denmark and the Netherlands in April, continuing a broader European rebound for the company after two straight annual declines. The recovery has been supported by higher interest in electric vehicles amid rising fuel costs and regulatory progress on Tesla’s driver-assistance software, even …
Roblox's stock plunged 24% in premarket trading on May 1 after the company trimmed its full-year bookings forecast and warned that new safety-focused product changes - including age-based accounts, age verification and expanded content monitoring - would create short-term friction that could slow new user acquisition. Analysts pointed to limited vi…
Deere has appointed Brent Norwood as its new chief financial officer effective May 1. Norwood, a 44-year-old internal candidate who most recently served as vice president and finance director for Construction and Forestry and John Deere Power Systems, succeeds Joshua Jepsen, who left in February. The company named an interim finance chief after Jep…
HF Sinclair reported an adjusted profit for the first quarter, reversing a year-earlier loss in its refining segment and beating analyst expectations, as U.S. refinery margins climbed amid disruptions to Middle Eastern oil flows that increased demand for U.S. fuel exports. The company recorded higher per-barrel refinery gross margins and a return t…
Exxon Mobil reported first-quarter adjusted earnings that exceeded analyst expectations, but its unadjusted net income slid to the lowest level since early 2021. The adjusted per-share profit of $1.16 topped the LSEG consensus of $1.00 after excluding losses tied to undelivered cargoes and large timing effects from financial derivatives. The compan…
Moderna reported first-quarter revenue that exceeded Wall Street expectations, driven by outsized international sales of its COVID-19 vaccine and support from distribution partnerships in the UK, Canada and Australia. The company recorded $389 million in revenue, with $311 million coming from international markets versus $78 million in the U.S., an…
Magna International reported first-quarter sales and adjusted earnings above analysts' forecasts, helped by favorable foreign-exchange movements and durable demand for auto parts and driver-assistance systems. The company noted headwinds from the end of certain programs, lower vehicle output and higher tariff expenses, and trimmed its full-year sal…
Veeva Systems' stock jumped 10.6% in premarket trading to $172.70 after S&P Dow Jones Indices announced the company will join the S&P 500 on Thursday, May 7, replacing Coterra Energy as that company is being acquired by Devon Energy. The company has roughly 163.3 million shares outstanding, giving it a market value near $25 billion. Prior to the mo…
Bank of America strategist Michael Hartnett cautioned that a breach of the 5% level on the 30-year Treasury - labelled the "Maginot Line" - could mark the end of the current boom cycle and "open the door to doom." Hartnett ties the boom to aggressive fiscal support that has lifted nominal U.S. GDP and favours equities and commodities while weighing…
Apple CEO Tim Cook told analysts that memory constraints intensified in the most recent quarter, creating supply pressures that are expected to have an increasing effect on the company going forward. Apple beat expectations on quarterly results and revenue guidance, but Cook said higher memory costs and limited availability will influence product a…
Apple shares rose about 3% in premarket trading after the company reported its best quarterly sales expansion in more than four years. Strong consumer uptake of the iPhone 17 Pro lineup and the newly released low-cost MacBook Neo helped push results above Wall Street forecasts, while management signaled rising memory costs and constrained processor…
Chevron reported first-quarter adjusted earnings that surpassed analyst expectations, driven primarily by stronger results in its upstream business as oil prices spiked amid disruptions tied to the U.S.-Israeli conflict with Iran. The company posted adjusted EPS of $1.41, beating the consensus of $0.95, although net income fell year-on-year and dow…
Insurers offering Medicare Advantage plans are preparing to pare back supplemental benefits such as dental, vision, hearing, fitness and transportation in 2027 after the Centers for Medicare & Medicaid Services set an average payment increase of 2.48% for next year. Humana has warned it will need to reduce benefits to meet profit goals, and investo…
The old market mantra 'sell in May and go away' may be an unreliable guide this year. The S&P 500 has recovered a near-10% drop in just 11 trading sessions, supported by strong corporate results and signs of economic resilience after an energy shock related to the U.S.-Iran conflict. Long-term seasonality favors November through April, but the last…
Elon Musk spent more than seven hours on the witness stand across three days in an Oakland trial focusing on the future and governance of OpenAI. Musk portrayed the enterprise as intended to operate as a nonprofit for public benefit, said he supplied critical early funding, talent and introductions, and raised concerns about AI safety. Cross-examin…
U.S. equities entered May buoyed by an earnings season that has exceeded expectations, even as Brent crude surged past $120 a barrel and Federal Reserve commentary tilted hawkish. Investors will parse another heavy week of corporate results and the April payrolls report for guidance on whether equities can extend their recent rebound.
SpaceX’s confidential IPO registration shows the company has spent in excess of $15 billion developing its next-generation Starship rocket, far outstripping the roughly $400 million invested in Falcon 9. The filing indicates Starship now represents the bulk of SpaceX’s development spending, with $3 billion allocated to space-segment research and de…
Morgan Stanley retains an "Attractive" view on the European business services sector and highlights a handful of companies it rates as ‘‘overweight.’’ The broker points to resilient revenue profiles, pricing power, margin expansion potential and predictable cash generation as primary drivers supporting the recommendations.
South Korea's benchmark KOSPI rose 1.9% over the week, powered by stronger-than-expected corporate results and gains in machinery, shipbuilding and technology stocks. The country's total market capitalization overtook that of the United Kingdom. Analysts lifted 12-month forward EPS forecasts for the index, while foreign investors registered net sal…
Goldman Sachs reduced its recommendation on Technip Energies from buy to neutral after the French energy contractor’s shares jumped 28% since coverage began in December 2025. The bank set a 12-month target of €37, implying roughly an 8% downside from the most recent close, citing stretched valuation following the stock’s outperformance.
Reddit rallied in premarket trading after the company issued an optimistic quarterly revenue forecast tied to gains from its AI-optimized advertising platform. The tools, which place targeted ads inside relevant subreddit discussions and include an AI copywriter and automatic asset cropping, coincided with growth in daily active unique visitors and…
Shares of Diageo rose nearly 2% on Friday after U.S. President Donald Trump said he would remove tariffs and restrictions on whisky imports following a White House visit by King Charles and Queen Camilla. The announcement came via Trump's Truth Social posts. The Scotch whisky sector has been affected by higher levies and falling consumption, and in…
AstraZeneca's stock fell after an FDA advisory committee voted 6-3 against supporting the risk-benefit profile of camizestrant, an experimental oral breast cancer therapy. The panel concluded the drug did not demonstrate a meaningful benefit for patients whose disease had not progressed on current therapy, creating regulatory uncertainty ahead of a…
