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.
9,364 total articles
Immunic Inc. (NASDAQ:IMUX) shares rose 7.7% after Guggenheim initiated coverage with a Buy rating and a $7.00 price target. The analyst cited Phase II evidence in both relapsing and progressive multiple sclerosis, a placebo-like safety profile, and projected Phase III readouts and peak sales assumptions for the company’s oral candidate vidofludimus…
Istanbul equities closed lower on Tuesday with the BIST 100 index finishing down 1.81%. Losses were concentrated in the Banking, Insurance and Basic Metals sectors. Market breadth favored decliners, while a handful of mid- and small-cap names posted the session's largest gains and losses. Key commodity and FX benchmarks moved higher for the dollar …
Exchange data and calculations show traders placed bets on more than 5,100 lots of Brent and WTI futures valued at over $500 million between 10:49 and 10:50 GMT, shortly before a presidential post at 11:05 GMT that announced a five-day delay to planned strikes on Iran. The post prompted an abrupt selloff that saw over 13,000 lots, equivalent to rou…
Morocco's stock market closed slightly lower on Tuesday, with the Moroccan All Shares index down 0.04% in Casablanca. Losses concentrated in the Utilities, Banking and Mining sectors outweighed advances among several midcap names. Market breadth showed more rising stocks than decliners, while oil and Brent rose and gold dipped. Local FX rates and t…
Bank of America has singled out five U.S. cleantech companies as top picks, arguing that unsubsidized utility-scale solar remains cheaper than new-build combined-cycle gas generation. The bank lays out valuation targets, core assumptions and downside scenarios for Nextpower, First Solar, Shoals Technologies, HA Sustainable Infrastructure Capital an…
Apple said it will begin displaying paid advertising within Apple Maps in the United States and Canada this summer. Advertisers will be able to claim their physical locations via revamped business tools coming next month, while Apple said it will preserve its stated privacy protections and keep personal data on users' devices. The move positions Ap…
Shares of the Fundrise Innovation Fund, trading as VCX, climbed as much as 39% to $265 on Tuesday, marking the fund's fourth day of public trading and pushing the market price to more than 1,300% above its most recently reported net asset value of $18.97. The stock's rapid ascent triggered multiple trading halts and reflects intense demand for a li…
Fundrise Innovation Fund (NYSE: VCX) has experienced a dramatic rise since its NYSE debut, climbing from its offering price and surging further after Claude-related product news. The fund's significant stake in Anthropic, along with major positions in other private technology companies, helps explain investor interest and concentration risks.
Bank of America has resumed coverage of Microsoft with a Buy rating and a $500 price target, describing the company as positioned "at the center of the AI supercycle." The firm points to Azure as the foundational compute layer for enterprise AI and highlights software franchises that monetize AI through increased attach and consumption. BofA models…
Shares of Circle Internet Group tumbled and Coinbase also declined after reports described a proposed stablecoin bill that would prohibit platforms from offering yield for holding stablecoins in ways that resemble bank deposits. The draft would broadly apply to digital asset service providers and require regulators to define permissible rewards and…
Schindler has signaled it will formally oppose any merger between Finland’s Kone and TK Elevator, saying the deal would substantially reshape the global elevator market and prompt antitrust scrutiny in multiple countries. CEO Paolo Compagna described the potential combination as a "bloodbath," warned of overlapping operations and customers, and sai…
ImmunityBio disclosed an FDA warning letter that found false and misleading promotional claims about its bladder cancer therapy Anktiva. The agency identified multiple violations in a television advertisement and a podcast featuring senior executives, and the company's shares plunged sharply at the open before partially recovering.
Microsoft shares declined and the broader software sector moved lower after Anthropic unveiled desktop-control capabilities for its Claude assistant and reports surfaced that Amazon Web Services is building AI agents to automate roles in sales and technical support. The developments intensified investor concern that AI-driven automation could disru…
Titles across market-cap tiers moved sharply during Tuesday trading. Among mega-cap names, Palantir, Oracle and IBM led declines while Exxon Mobil and At&t rose. The session also produced steep losses in several large-cap software and consumer names and pronounced gains for selected mid- and small-cap issuers.
Zoox, the autonomous-vehicle subsidiary owned by Amazon, said it will deploy its purpose-built, steering-wheel-free robotaxis for testing in limited zones of Austin and Miami later this year. The company will initially restrict rides to employees and their families before opening a waitlist-based Explorer program, while also expanding service areas…
The Bank of England is prepared to intervene if developments in the Middle East create sustained upward pressure on inflation, Bank of England chief economist Huw Pill said. Pill stressed that growing upside risks to price stability linked to events in the Gulf require clarity from monetary authorities and that uncertainty should not be used as a p…
QatarEnergy has declared force majeure on liquefied natural gas contracts with Italy, Belgium, South Korea and China after missile attacks last week damaged key processing units at its Ras Laffan production hub. The company reports damage to two LNG trains and one gas-to-liquids train and is assessing the full operational impact while determining r…
Jefferies has lowered price targets across its coverage of European software companies, blaming a retreat in AI-driven enthusiasm and rising geopolitical and macroeconomic uncertainty. The brokerage said that while AI concerns still affect sentiment, near-term trading appears more exposed to broader macro and geopolitical developments - notably esc…
ImmunityBio Inc. (NASDAQ:IBRX) saw its stock fall sharply after the U.S. Food and Drug Administration issued a warning letter alleging that promotional materials for ANKTIVA exaggerated the drug’s effectiveness and failed to present required risk information. The FDA identified multiple unsupported claims in a television advertisement and a podcast…
Goldman Sachs' analysis of March purchasing managers' indices for the Euro area and the UK found composite readings below consensus, noting a notable rise in input prices and a decline in forward-looking expectations. The firm said the divergence between spot activity and expectations will influence currency dynamics and reflects the ongoing econom…
The New York Stock Exchange, owned by Intercontinental Exchange, is collaborating with digital-asset firm Securitize to create tokenized versions of traditional securities and to build institutional-grade transfer agent standards and infrastructure for blockchain-based trading and settlement on an NYSE-affiliated Digital Trading Platform.
Amazon Web Services is developing an AI-driven assistant to handle technical sales queries and other tasks across sales and business development teams. The tool is reported to compile expertise from specialists across the company, enabling those specialists to concentrate on the most complex customer issues. The development follows recent cuts at A…
Dollar General said Tuesday it will appoint Jerry Fleeman Jr., currently CEO of Ahold Delhaize USA, as its chief executive officer effective January 1, 2027, replacing Todd Vasos. The move follows a soft full-year sales forecast from Dollar General that contributed to a decline in the company's share price.
Apollo Global Management's stock fell more than 3% in premarket trading as the firm announced a cap on fund redemptions following unusually large withdrawal requests. The move, part of a broader wave of redemption limits across private credit funds, highlights mounting unease about the $2 trillion private credit market and has put pressure on share…
National Vision has seen a significant stock rally and improved financial performance driven by a deliberate pivot toward managed-care customers, higher-value product assortment including smart eyewear, and a technology-led modernization of its in-store experience. CEO Alex Wilkes says the company is reallocating marketing and reshaping assortment …
