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.
9,172 total articles
Despite an ongoing U.S.-Iran conflict now in its second month, defense equities have not outperformed the market. Bernstein analysts contend that only sustained increases in defense budgets or a broader escalation would meaningfully lift defense shares; the immediate market effect has been concentrated in missile replenishment for a handful of prim…
Raymond James analysts, working with Technical Strategist Javed Mirza, cautioned Tuesday that technical indicators for bank shares are turning negative even though underlying fundamentals remain positive. The KBW Bank Index (BKX) has slipped below its 40-week moving average and appears poised to test a nearby support level, with the firm warning of…
Raymond James says volatility in 2026 has trimmed year-to-date gains for timber-related equities to about 5% even as lumber prices climb, and identifies a seasonal rotation that favors diversified industrial companies through the spring and summer. The firm highlights Southern Yellow Pine strength, upgrades and ratings for several producers, and no…
CoreWeave's shares rose following the closing of an $8.5 billion delayed draw term loan facility that carries investment-grade ratings and expands the company's near-term borrowing capacity. The financing, anchored by institutional investors, is intended to satisfy funding commitments tied to previously contracted cloud services for a major AI clie…
Bank of America reduced its 12-month price target for Airbus to €255 from €259 while retaining a Buy rating, pointing to rising costs after missile and drone strikes damaged major Gulf aluminum smelters. The attacks on facilities in the United Arab Emirates and Bahrain have squeezed supply, pushed LME aluminum prices higher, and led the bank to low…
Nielsen Food scanner figures for the four weeks ending March 21, as released by Bank of America, show Lotus Bakeries leading European food companies in US sales growth with a 48.4% increase driven almost entirely by higher unit volumes. Danone registered the weakest performance among tracked names, with near-flat sales supported by price and mix ga…
Huawei posted 2025 revenue of 880.9 billion yuan, a 2.2% increase year-on-year, marking a significant slowdown from the prior year's 22.4% growth. Growth was driven by modest gains in consumer devices and ICT infrastructure, while cloud revenue fell and the intelligent automotive unit posted a large jump. The company boosted R&D spending to 192.3 b…
Barclays analysts say Verizon faces elevated expectations for its first-quarter performance after recent pricing moves and a stock reset. The firm views Q1 as an important checkpoint for the company’s plan to deliver 750,000 to 1 million postpaid phone net additions, noting promotional carryover, Frontier-related broadband initiatives, and a roughl…
Major European power companies are accelerating plans to expand in the United States, driven by surging electricity demand from data centers and large infrastructure needs. While past investments have led to multibillion-dollar writeoffs and asset sales, firms including Iberdrola, RWE and Siemens Energy are committing substantial capital to U.S. ge…
Unilever’s European works council has raised alarms about potential staff reductions and widespread uncertainty tied to a proposed combination of Unilever’s food business with U.S. spice maker McCormick. The council said it may coordinate with trade unions and consider industrial action if adequate protections for affected employees are not agreed.
Marvell Technology experienced an 11% rise in its stock price after NVIDIA announced a $2 billion investment and a strategic alliance to integrate Marvell into NVIDIA’s AI factory and AI-RAN ecosystem using the NVLink Fusion rack-scale platform. Under the agreement Marvell will supply custom XPUs and NVLink Fusion-compatible networking, while NVIDI…
UK grocery market expansion accelerated to 4.4% in the four weeks ending March 22, while sector inflation remained steady at 4.3%. Tesco, Sainsbury and Marks & Spencer registered faster market share increases in the most recent period, Aldi lost share and Ocado's recent momentum slowed, Barclays said.
Citi reduced its price target for Micron Technology on Tuesday, citing a roughly 6% fall in mainstream DDR5 16GB spot pricing since Micron's last report. The bank cut its target by 17% to $425 from $510, while leaving its earnings estimates unchanged and retaining a Buy rating. Citi highlighted ongoing negotiations between memory suppliers and hype…
The UK’s Competition and Markets Authority will begin a Strategic Market Status investigation in May to determine whether Microsoft holds dominance in business software markets. The probe examines an ecosystem that includes Windows, Word, Excel, Teams and Copilot and follows findings of a prior cloud market inquiry that raised licensing and market …
Agios Pharmaceuticals shares climbed 12% on Tuesday after the company disclosed progress in discussions with the U.S. Food and Drug Administration aimed at securing accelerated approval for mitapivat in sickle cell disease. Agios has submitted a proposal for the confirmatory clinical trial the FDA recommended and expects to file a supplemental New …
Scholar Rock (NASDAQ: SRRK) saw its stock jump 12% after the company resubmitted a Biologics License Application for apitegromab, a therapy for spinal muscular atrophy. The resubmission names Catalent Indiana LLC, part of Novo Nordisk, and an additional U.S.-based fill-finish facility. The company expects FDA acceptance within 30 days and a review …
Bank of America Securities upgraded Shake Shack to Neutral from Underperform and raised its price target to $101 from $88, pointing to menu innovation and supply-chain improvements as central to its more constructive outlook. The analysts highlighted new test items and a value app menu as drivers of steadier same-store traffic, and identified suppl…
U.S. futures moved higher early Tuesday as markets reacted to reports that the U.S. President told aides he would be open to exiting the war in Iran without a large reopening of the Strait of Hormuz. Energy names showed mixed performance while consumer staples, technology and healthcare software drew attention after company-specific news ahead of t…
Alkermes shares surged 13% after Eli Lilly disclosed plans to acquire Centessa Pharmaceuticals. The transaction will pay $38.00 in cash per Centessa share plus one non-transferable contingent value right (CVR) with up to $9.00 of additional potential consideration, making the total possible payment $47.00 per share. The upfront cash values Centessa…
Geely Holding and Volvo Cars chair Li Shufu called on Volvo Cars to expand collaboration with related brands such as Polestar and Geely Autos and to reinforce its research and development presence in China. Speaking at the automaker's annual general meeting, Li warned that operating alone risks obsolescence and pointed to the company's recent asset…
Nebius Group announced plans to construct a 310 MW AI factory in Lappeenranta, Finland, with initial capacity slated to be available to customers in 2027. The project strengthens the company’s push toward more than 3 GW of contracted power by the end of 2026, follows a recent expansion in Mäntsälä, and includes a closed-loop liquid cooling design w…
Aehr Test Systems (NASDAQ: AEHR) shares climbed 13% following announcement of an initial equipment order from a large customer that is a global networking-products leader and a significant supplier to the data center optical transceiver market. The multi-system purchase spans engineering qualification and planned high-volume production, and shipmen…
Nick Hampton, who became Tate & Lyle's CEO in April 2018 after joining the company as CFO in 2014, is reportedly preparing to step down after eight years leading the food ingredients supplier. The company has engaged headhunters to identify a replacement and a departure could occur as soon as this year. Tate & Lyle's shares have fallen sharply unde…
Novo Nordisk is rolling out subscription pricing for self-paying U.S. patients using Wegovy, with fixed monthly fees that decline for longer commitments. The programme, available through several telehealth platforms, reduces list self-pay prices by roughly 6% to 29% for the injectable and 3% to 17% for the oral form, aiming to broaden access and co…
Barclays upgraded Domino’s Pizza UK & Ireland from underweight to equal weight and set a 190p price target versus a March 27 closing price of 171p. The broker pointed to stronger-than-expected franchisee profitability in FY25 and management’s decision to halt pursuit of a standalone chicken brand as key drivers for the change. Barclays modelled a r…
