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.
9,697 total articles
Wolfe Research cautions that U.S. equities may decline further, arguing that measures of investor fear and market positioning have not reached levels historically associated with durable market bottoms. The firm highlights the VIX, put/call ratios and hedge fund crowding metrics, and points to geopolitical and private credit risks as factors that c…
Deutsche Bank reported that its private credit holdings increased by roughly 6% to nearly 26 billion euros in 2025, and used its annual report to highlight sector-wide risks. The lender said it applies conservative underwriting to the unit, is not exposed to material direct risks, but warned of potential indirect credit risks through linked portfol…
Shares of Finnish refiner Neste rose more than 5% following an RBC Capital Markets upgrade to outperform and a boost to the price target to €30 from €20. RBC cited disruptions linked to the Iran conflict that have driven sharp increases in refined product prices, lifting its 2026 EBITDA and EPS forecasts and highlighting Neste’s exposure across oil…
Deutsche Bank’s disclosure of a larger private credit portfolio in its Annual Report 2025 and Pillar 3 Report 2025 prompted a 4% share decline after investors digested details of increased exposure and identified risk themes tied to rapid private credit expansion and sector valuation pressures. The bank says most of the book is concentrated in mult…
TD Cowen began coverage of optical networking company Ciena (NYSE:CIEN) with a Buy rating and elevated the stock to one of its Top Picks. The brokerage cited Ciena's advantages in datacenter interconnect (DCI), its recent Nubis acquisition for intra-datacenter connectivity, and expanding cloud-related revenue as reasons the company is well placed t…
KLA Corporation's stock climbed 1.3% on Thursday after the company unveiled a supplemental $7 billion share repurchase authorization and increased its quarterly dividend by 21% to $2.30 per share. The moves were announced at KLA’s 2026 Investor Day in New York City, where management laid out a new 2030 Target Model and reiterated guidance for the M…
Senator Maria Cantwell, the top Democrat on the Senate Commerce Committee, told multiple federal agencies that recent deployments of a laser anti-drone system in Texas revealed process failures that put the flying public at risk. In a written communication to the Pentagon, Federal Aviation Administration, Department of Homeland Security and other a…
U.S. stock futures opened lower after oil briefly climbed back above $100 a barrel, as shipping disruptions tied to the Iran conflict raised fresh concerns about global energy flows. The Strait of Hormuz has seen effective stoppages and attacks on merchant vessels, prompting new terminal closures and an unprecedented strategic reserve release by th…
UBS's Chief Investment Office cut European banks to a "neutral" rating and removed its Global Banks equity preference list, pointing to forward valuations for MSCI Europe banks near their 10-year average and reduced valuation cushioning. The note warned that modest negative shocks could prompt sharper corrections given crowded positioning, and high…
PayPay, the Japan-focused payments app backed by SoftBank, started trading on the Nasdaq after raising roughly $880 million in its U.S. initial public offering. The offering priced at $16 per American Depositary Share, below the marketed $17-$20 range, valuing the company at $10.7 billion. The listing proceeded despite market disruptions linked to …
Morgan Stanley says firms that control the full AI stack - chips, cloud infrastructure, models and applications - will capture the most long-term value. The bank upgraded Alibaba to its top pick among China's large internet platforms, highlighting the company's T-Head chips, AliCloud, Qwen family models and application ecosystem. Morgan Stanley pro…
China Mineral Resources Group has notified domestic steel mills and traders that deliveries of Newman fines - a widely held BHP iron ore grade at ports - will be prohibited beginning next week, sources with knowledge said. The measure is the latest in a sequence of restrictions on BHP products tied to protracted contract negotiations; traders may s…
Jet fuel prices have surged as Brent crude approached $100 a barrel amid war-related supply concerns, prompting many global carriers to expand or extend fuel and currency hedges. This article catalogs hedging positions disclosed by a range of carriers, showing wide variation in coverage, hedging horizons and the mix of instruments used to manage co…
Atlassian shares rose 2.5% in premarket trading after the company disclosed plans to reduce its workforce by about 10%, eliminating roughly 1,460 positions from a 14,626-employee base. CEO Mike Cannon-Brookes said the company will redeploy capital toward AI and Enterprise Sales initiatives and described AI as reshaping skill mixes rather than simpl…
Berenberg has downgraded ALSO Holding AG (SIX:ALSN) from Buy to Hold and reduced its price target to CHF165 from CHF320, citing significant downside risk to the company’s mid-term guidance following fiscal 2025 results. The broker highlighted weaker-than-expected earnings metrics, a softening hardware market, and slower-than-anticipated commerciali…
Shares of several European defence contractors rose between 1.8% and 7.1% in early trading on Thursday as the U.S.-Israeli campaign against Iran reached its tenth day. The move came despite warnings from Bernstein that European defence companies are likely to see little material benefit from the conflict, while U.S. defence production and potential…
After cocoa prices tumbled roughly 70% from their 2024 peak to about $3,000 per metric ton, many industrial-scale cocoa projects in Northeastern Brazil are being delayed, scaled back or canceled. Investors and farmers who had planned tens of thousands of hectares of irrigated cocoa plantations - enough to supply nearly 5% of global demand - now fac…
Deutsche Bank upgraded Nichols PLC (NICL.L) to Buy from Hold while keeping its price target at 1,150 pence after an analyst presentation showing revenue increases across the company’s four main product categories. Vimto - Nichols’ lead brand - recorded gains in several categories, notably in ready-to-drink stills and energy drinks, and strengthened…
Bank of America sees signs that Japanese stocks may have bottomed after a sharp jump in volatility tied to the Middle East crisis. The Nikkei Volatility Index moved above 50 - a level the bank links to potential market troughs - while selling by pension funds and financial institutions ahead of the fiscal year-end amplified the decline. Elevated cr…
Bank of America analysts argue the Federal Reserve should refrain from hastening additional rate cuts after Wednesday's consumer price index reading. Using the CPI print as a guide to the personal consumption expenditures measure, BofA expects core PCE to come in near 3.1% year-over-year in February, with tariffs accounting for roughly 80 basis poi…
Morgan Stanley's sector analysts conclude that direct financial exposure of listed European travel and leisure firms to the ongoing Middle East conflict is relatively small and concentrated in particular sub-sectors. Global hotel groups, cruise operators, airlines and tour operators each show varying degrees of footprint or operational links to the…
Morgan Stanley's analysis shows Mastercard and Visa each have roughly 1-2% of net revenues exposed to travel-related activity in the Middle East. The firm says cross-border travel makes up the majority of networks' cross-border revenues, but the small absolute contribution from the region and the companies' ability to adjust costs limit potential r…
Indian stock benchmarks closed lower on Thursday, with the Nifty 50 dropping 0.95% to a fresh six-month low and the BSE Sensex off 1.08%. Declines were concentrated in the auto, real estate and banking sectors, even as select energy and utilities names recorded gains. Market volatility and commodity prices moved higher alongside currency shifts.
Kardex reported a strong second half for 2025 with group order intake rising to €528 million, beating consensus. Sales increased modestly in H2 while net income was weighed down by a CHF39 million impairment tied to a previous loan. The company reaffirmed its medium-term margin ambitions but did not provide explicit targets for fiscal 2026.
Autoneum reported solid free cash flow for full-year 2025 and met its margin guidance, but its 2026 sales and EBIT outlook landed below pre-results consensus. Net debt rose, driven by acquisition-related outflows and working capital movements, while regional results were mixed across Europe, North America, Asia and SAMEA.
