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.
9,677 total articles
Brazil’s federal audit court (TCU) has postponed its ruling in the Banco Master matter, citing the existence of concurrent investigations whose findings are necessary to reach a complete judgment. Judge Jhonatan de Jesus ordered results from probes by the central bank, the Office of the Comptroller General and a case before the Supreme Federal Cour…
Estee Lauder and Madrid-listed Puig are reported to be in merger discussions that would create a luxury beauty group with an estimated combined market value near $40 billion. The deal would meaningfully increase Estee Lauder’s exposure to premium fragrances, moving its share in that category from 6% to about 15% and positioning it just behind L’Ore…
European Commission antitrust chief Teresa Ribera will meet Sundar Pichai, Mark Zuckerberg and Sam Altman in San Francisco as part of a U.S. trip that includes a meeting with Amazon CEO Andy Jassy and a scheduled speech later in the week. Ribera has said she is examining the full AI stack - from chatbots and training data to cloud infrastructure - …
Poland's stock market closed lower on Tuesday, with the WIG30 index falling 0.93% to a fresh one-month low. Declines were concentrated in the Information Technology, Banking and Developers sectors. While select large-cap names posted gains, overall market breadth favored decliners as crude and Brent oil rallied and the dollar strengthened against t…
The OMX Copenhagen 20 finished the session up 0.52%, driven by advances in Consumer Goods, Healthcare and Industrials. Novozymes, FLSmidth and Coloplast were among the top performers, while NKT Holding, Vestas and Carlsberg fell. Broader market breadth was nearly balanced with slightly more decliners than advancers. Energy commodities and the US do…
Meta Platforms has reassigned leadership of its AI For Work program to Chief Technology Officer Andrew Bosworth, part of a broader internal reorganization intended to sharpen the company’s operational agility in competing with AI native startups. The move shifts responsibility away from Guy Rosen and follows internal pilots and early adoption of AI…
Microsoft has reached an agreement to lease a large Texas data center project in Abilene that was originally intended for Oracle and OpenAI. The site, which represents approximately 700 megawatts of capacity and sits beside the Stargate campus, will be rented from developer Crusoe after Oracle and OpenAI discontinued negotiations to occupy the loca…
Shares of Celsius Holdings Inc (CELH) fell roughly 7% after Costco began selling a Kirkland Signature sparkling energy drink available in 24-packs for $16.99. The private-label product is priced at about $0.70 per 12-ounce can, contains 200 mg of caffeine and zero sugar, mirroring Celsius's formulation but at a much lower price point. The launch hi…
Norwegian equities closed higher on Tuesday, with the Oslo OBX gaining 0.48% as advances in Healthcare Equipment & Services, Pharma Biotech & Life Sciences and Utilities pushed the index higher. Yara International, Hoegh Autoliners and Frontline were the session's strongest performers, while Gjensidige, Kongsberg Gruppen and Norwegian Air Shuttle l…
Israel's main equity gauge, the TA 35, closed down 1.17% as losses in insurance, technology and communication names outweighed gains elsewhere. Market breadth showed far more decliners than advancers. Commodity and currency moves included sizable gains in crude and Brent oil, a modest rise in the U.S. dollar and small shifts in shekel exchange rate…
Greek equities closed lower on Tuesday as losses in the Banking, Telecoms and Household sectors pushed the Athens General Composite down 2.07% to a fresh three-month low. Market breadth favored decliners, with notable drops in major bank and industrial names, while gold, crude oil and the US Dollar Index futures advanced.
The U.S. Energy Information Administration will begin a series of pilot surveys to measure energy consumption patterns at data centers, starting in three states. Agency leadership says the effort is a preliminary, phased exercise to collect basic information - including backup power capabilities and fuel types - ahead of a potential broader survey.
Bernstein analyst Richard Clarke reports that global travel activity has held up through the first quarter, with U.S. hotels showing an acceleration in revenue per available room in February and continued strength into March. China and the Asia-Pacific region also posted robust February results, while Europe remained steady. Online travel agencies …
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.
