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.
25,383 total articles
Geely Automobile reported total vehicle deliveries of 240,799 units in June 2026, a 2% increase from June 2025. Growth was supported by strong performance from ZEEKR, higher battery-electric and plug-in hybrid volumes, and a significant jump in export shipments. The Geely brand and LYNK & CO recorded declines for the month, while Proton posted doub…
Citi reduced its 12-month price objective for Strategy Inc. to $136 from $260 after downgrading its Bitcoin forecast by 27% to about $81,800. The bank kept a Buy rating and High Risk designation, but materially pared back adjusted Bitcoin yield estimates and highlighted a capital plan intended to extend financial stability.
U.S. stock futures opened lower on Wednesday as traders awaited comments from Federal Reserve Chair Kevin Warsh and tracked fragile U.S.-Iran peace negotiations. By 08:05 ET, Dow futures were down 0.3%, S&P 500 futures fell 0.36% and Nasdaq 100 futures lost 0.5%. Several individual technology, aerospace and consumer-focused stocks registered signif…
President Donald Trump's 2025 annual ethics filing reveals he held a pledged-asset line with Charles Schwab Bank last year, representing a loan in excess of $50 million at a 3.9% interest rate. The filing notes the credit line was not listed in his 2024 disclosure. The document also reports more than $1.4 billion in income from the family’s crypto …
RBC Capital Markets lowered its rating on Dow from Outperform to Sector Perform and reduced the price target to $28 from $51. The brokerage argued that a recent uptick in polyethylene prices is unlikely to persist, and that Dow's planned Alberta petrochemicals expansion will absorb a substantial portion of the company's free cash flow through 2030.…
Alcoa shares tumbled in pre-market trading after the company announced a roughly $4.1 billion agreement to acquire South32's aluminum value-chain assets. The consideration mixes $3.1 billion in cash and about 17 million newly issued Alcoa shares, and the transaction carries a contingent payment feature that could add up to $750 million. Analysts no…
Intuitive Machines' stock jumped in pre-market trading after the company announced a firm-fixed-price NASA contract worth up to $148.3 million to deliver a production-line-qualified Nova-C lander to the Moon by 2028. The award, the company's sixth task order under the Commercial Lunar Payload Services program, includes a $68.6 million base and a $7…
Oklo Holdings saw its stock climb 4.8% in pre-market trading after the U.S. Department of Energy approved the Documented Safety Analysis for the Groves Isotope Test Reactor, operated by Oklo subsidiary Atomic Alchemy near Lockhart, Texas. The DSA approval advances the project into DOE's final pre-startup review, while Oklo's recent acquisition of C…
BYD reported 557,090 battery-electric vehicle deliveries in the second quarter, positioning it to retake the global BEV sales crown from Tesla, which is expected to disclose roughly 396,500 vehicle sales next week. BYD's broader sales mix rose in June, while the company accelerates technology and production moves as competition and price pressure i…
Grindr shares rose sharply in pre-open trading following a Morgan Stanley upgrade to Overweight and a higher price target. The bank highlighted the dating app's network effects, engagement metrics and a strategic move from paywall-heavy monetization toward product-led growth, anchored by two initiatives — an ultra-premium subscription tier and a te…
Shares of Patriot National Bancorp Inc (OTC:PNBK) rose 6.5% to $1.02 in premarket trading on Wednesday after the Office of the Comptroller of the Currency ended a formal agreement established last year to address legacy regulatory issues. The bank noted the termination could reduce regulatory costs and fees and reiterated plans to scale assets towa…
Citi analyst John Godyn raised Lockheed Martin to Buy with a $582 target and opened a positive 90-day catalyst watch on Karman Holdings while updating his tactical framework from 'Aerospace First, Defense Next' to 'Defense Now.' Godyn cited valuation, improving fundamentals and exposure to growth themes for Lockheed, and highlighted valuation compr…
Klarna Group stock climbed 6% on Wednesday after a Swedish court granted its subsidiary PriceRunner $1.97 billion in antitrust damages, concluding that Google manipulated search results to advantage its own comparison-shopping product over independent rivals. The decision spotlights PriceRunner's role within Klarna - acquired in 2022 and expanded a…
A Stockholm court on July 1 ruled that Alphabet’s Google must pay the equivalent of about 14.3 billion Swedish crowns (roughly $1.5 billion) in antitrust damages to PriceRunner, the price comparison business linked to Klarna. The court concluded PriceRunner suffered harm after Google illegally favoured its own price comparison product. PriceRunner …
General Mills reported fourth-quarter adjusted earnings per share of $0.95 and sales of $4.61 billion, beating analyst expectations. The company said stronger demand for pantry staples and breakfast cereals, driven by consumers choosing to eat at home amid persistent inflation and rising living costs, supported results. Shares, which have fallen 25…
Kroger announced on July 1 that it will purchase food and pharmacy chain Giant Eagle for $1.65 billion. The consideration is structured as $1.25 billion in cash plus the assumption of about $400 million in Giant Eagle’s outstanding liabilities. The move is part of broader consolidation across food, beverage, personal care, pet products and health r…
ServiceNow stock climbed about 4% following an upgrade from Guggenheim analyst John DiFucci, who moved the rating from Neutral to Buy and assigned a $125 price target. The new valuation equates to 7.5x EV/NTM Recurring Revenue, a premium to many SaaS peers that Guggenheim says is justified. The firm highlighted expected improvements in the U.S. Fed…
Klarna's stock climbed 3.8% in pre-open trading to $21 amid fresh buying tied to the scheduled publication of the PriceRunner antitrust verdict against Google set for July 1. The move was supported by a broadly positive equity tape and a mix of analyst initiations, although concerns about competitive pressures were highlighted by a neutral initiati…
UBS has moved Tecan Group from neutral to buy and raised its 12-month price objective to CHF208, citing expectations of a margin recovery that the bank believes is not yet priced into the shares. The broker projects steady organic sales growth and higher EBITDA margins through fiscal 2028, while acknowledging persistent headwinds in parts of Tecan’…
Alcoa Corporation announced a $4.1 billion purchase of South32’s bauxite, alumina and aluminum operations, triggering a near 5% pre-market decline in Alcoa shares. The agreement combines cash, newly issued stock and a contingent value right tied to future commodity prices, and is expected to close in the first half of 2027 subject to approvals.
Wedbush has opened coverage of Space Exploration Technologies Corp. (SPCX) with an Outperform rating and a $190 price target, characterizing the company as "one of the most differentiated assets within the tech market." The firm highlights Starlink's revenue contribution, Starship's role in scaling satellite deployment, and SpaceX's allocation of I…
Oracle shares rose 2.1% in pre-open trading after last week's steep decline driven by a fiscal 10-K that disclosed sharply higher capital expenditures and a plan to raise $40 billion to fund AI infrastructure. Early strength reflected an inclusion on William Blair's Analyst Conviction List for July 2026, a maintained Buy from Freedom Broker despite…
Shutterstock stock tumbled sharply in pre-market trading after Getty Images announced its board unanimously decided to terminate the planned merger because the UK Competition and Markets Authority required the divestiture of Shutterstock's editorial brands. The decision removes a previously established valuation floor for Shutterstock, triggers fin…
A Medicare pilot beginning July 1 will make GLP-1 weight-loss medications available to many beneficiaries 65 and older or with disabilities for a $50 monthly co-pay. The demonstration covers branded injections and pills from Novo Nordisk and Eli Lilly through the end of 2027, but clinicians and policy experts warn of clinical risks for older adults…
Indian benchmarks closed higher on Wednesday, with the Nifty 50 up 0.59% and the BSE Sensex 30 rising 0.58%. Strength in Real Estate, Auto and Consumer Durables names underpinned the market, while several major IT stocks posted notable losses. Market volatility eased, and key commodity and currency moves were modest.
