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.
8,955 total articles
Oddity Tech's shares fell about 7% in premarket trading on Thursday after two major brokerages lowered their ratings following the company's guidance for a roughly 30% year-over-year sales decline in the first quarter. Banks flagged that an algorithm change at the firm's largest advertising partner - which contributes about 25% of revenue - cut vis…
Palvella Therapeutics saw its shares reach a three-year high in premarket trading following the closing of an upsized $200 million follow-on offering. The Wayne, Pennsylvania-based rare skin disease company sold 1.6 million shares at $125 apiece. The stock had already rallied after its therapy Qtorin rapamycin met the primary endpoint in a late-sta…
Shares of Reservoir Media Inc. (NASDAQ:RSVR) jumped 19% on Monday following reports that activist investor Irenic Capital Management, a significant shareholder, submitted an unsolicited takeover proposal. The offer, reported to be made this month, values the company at $10 to $11 per share, or roughly $1.1 billion to $1.2 billion including debt. Ir…
HSBC has trimmed its exposure to U.S. equities and deepened underweight in U.S. Treasurys while boosting allocations to Europe and emerging markets. The decision follows stronger cyclical readings and machine-learning signals that the bank says support a continued risk-on tactical asset allocation despite frequent bearish narratives.
Aehr Test Systems saw its stock rise after receiving a $14 million order from its primary AI processor customer for multiple FOX systems, WaferPak contactors and Automated WaferPak Auto Aligners. The order includes FOX-XP wafer-level test and burn-in systems configured for parallel testing of nine 300mm wafers and is slated to ship within six month…
Canada's largest banks reported quarterly profits that surpassed analyst expectations, driven principally by stronger fee-based revenue from wealth management units and capital markets operations. Royal Bank of Canada, Toronto-Dominion Bank, and Canadian Imperial Bank of Commerce each saw notable expansion in their domestic banking franchises, with…
NioCorp Developments has started building the main access portal to the underground portion of its Elk Creek Critical Minerals Project in southeast Nebraska. The initiative, part of a roughly $44.6 million program, moves the project from planning toward pre-construction and follows significant capital raises in 2025 and year-to-date 2026.
Plaid Inc., a San Francisco-based financial technology firm founded in 2013, secured a valuation of $8 billion in its most recent private financing round. The transaction was structured primarily to provide liquidity for employees holding private shares. The total amount raised in the round has not been disclosed. The new valuation is higher than t…
Shares of Healthcare Triangle Inc (NASDAQ:HCTI) jumped 47% in premarket trading after its subsidiary, QuantumNexis Malaysia Sdn Bhd, announced a strategic partnership with TNG Digital to embed the Ziloy digital mental health platform into TNG eWallet. The deal will make clinically validated mental health tools, assessments, licensed professionals a…
Barclays downgraded Sandoz from Overweight to Equal Weight, arguing that the stock’s substantial run-up has left little scope for additional re-rating in the near term. The bank raised its price target to 75 Swiss francs from 70, but says the implied upside of under 5% no longer justifies an Overweight stance. Barclays still expects robust medium- …
Nvidia reported another quarter of outsized revenue gains driven by its data-center business and projected fiscal 2027 revenue above consensus. Despite historic networking growth, solid compute expansion and fresh supply commitments, the stock barely budged as investors wrestle with high expectations, potential circular financing, and how hyperscal…
Novavax raised its adjusted revenue guidance for 2026 after securing expectations for milestone payments tied to vaccine supply and licensing arrangements, even as demand for COVID-19 shots remains muted. The biotech reported a swing to profit in the fourth quarter, supported by cost reductions and licensing deals that helped soften the impact of U…
Janus Henderson Group shares climbed after Victory Capital Holdings submitted a fully financed takeover proposal totaling $57.04 per share. The bid mixes cash and Victory stock, would give Janus Henderson shareholders roughly 38% of the merged company and is positioned as superior to a contemplated transaction with Trian Fund Management.
Eli Lilly reported that orforglipron, its investigational oral GLP-1 receptor agonist, produced superior reductions in A1C and body weight compared with oral semaglutide in the ACHIEVE-3 Phase trial, while recording a higher rate of treatment discontinuation due to adverse events. The company has submitted orforglipron to regulators in more than 40…
J.P. Morgan's updated long-term gold outlook, raising its structural price target to $4,500 per ounce, significantly increases fair value estimates across gold producers in the EMEA region. In the bank's view, AngloGold Ashanti and Fresnillo Plc now stand out as the most attractive names, combining strong earnings sensitivity to higher gold prices …
Citi has placed KLA Corp on a 30-day positive Catalyst Watch ahead of the company’s 12 March Investor Day in New York. The bank expects KLA to present an upgraded target model, highlighted upside under multiple wafer-fab equipment (WFE) scenarios, and may unveil new advanced packaging products. Citi reiterated its Buy rating and laid out revenue an…
Vir Biotechnology Inc. priced an underwritten public offering at $8.50 per share, a 15% markdown from the prior session's close, prompting a roughly 16% decline in the company's stock. The clinical-stage biopharmaceutical company is selling 17,647,058 shares for estimated gross proceeds of $150 million, with underwriters holding a 30-day option to …
NextEra Energy announced a public offering of $2 billion in equity units to finance investments in energy and power projects. Each unit will be issued at $50 and includes a contract to buy common stock within three years. The company also plans to give underwriters an option to acquire an additional $300 million in units to cover over-allotments. S…
Larimar Therapeutics priced an expanded $100 million follow-on offering late Wednesday, selling 20 million shares at $5 apiece. The move sent the stock lower in premarket trading even after a prior week of strong gains tied to an FDA breakthrough designation for its therapy nomlabofusp. Proceeds will support clinical development and general corpora…
Viatris Inc. shares fell 3.6% to $15.5 in premarket trading after the company released 2026 adjusted profit guidance that missed the average analyst estimate. The company reported stronger-than-expected fourth-quarter revenue and adjusted earnings per share, and said it anticipates regulatory decisions for six products in 2026.
Saudi Arabia's equities closed lower on Thursday, with the Tadawul All Share index sliding 1.28% to a one-month low. Losses were concentrated in Media & Publishing, Petrochemicals and Energy & Utilities. Market breadth favored falling issues, and several individual names registered multi-year or record lows. Oil and gold prices also weakened in lat…
U.S. stock futures ticked down modestly as investors absorbed a batch of quarterly results. Nvidia beat expectations and guided above estimates, lifting its shares, while Salesforce cut its fiscal 2027 revenue outlook below forecasts, sending its stock lower. Media, consumer packaged goods, energy and beverage companies posted a range of outcomes, …
Hormel Foods reported quarterly sales that missed analyst estimates amid U.S. shoppers shifting to lower-cost options. The company raised prices in fiscal 2025 to offset rising commodity costs, but first-quarter retail volumes fell sharply. Hormel reaffirmed its full-year sales and adjusted EPS outlooks and said the recent sale of its whole-bird tu…
Sandisk is moving away from short-term, quarterly pricing toward multi-year supply contracts with large data center customers as artificial intelligence workloads reshape the NAND flash market, CEO David Goeckeler said at Bernstein's TMT Forum. The company forecasts data center demand becoming the largest NAND segment in calendar 2026 and is aligni…
American Bitcoin reported a fourth-quarter net loss as a broader selloff in digital assets pushed bitcoin to quarterly lows. The miner, co-founded by Eric Trump and with Donald Trump as a stockholder, saw revenue rise year-over-year but missed analyst expectations, while its bitcoin holdings increased during the quarter.
