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.
20,579 total articles
TAT Technologies Ltd. (NASDAQ:TATT) saw its stock climb 9.6% following disclosure of multiple long-term maintenance, repair and overhaul (MRO) contract awards with international commercial and cargo airline customers totaling approximately $45 million, plus an expected one-time pre-tax gain from the sale of a minority interest.
Oppenheimer told clients that SpaceX’s satellite broadband arm, Starlink, stands to significantly disrupt the U.S. communications market valued at $1.6 trillion. The firm raised its long-range revenue forecast for space to $800 billion by 2035 and increased its 2030 U.S. broadband subscriber estimate for Starlink to 15 million. Oppenheimer warned t…
IREN Ltd shares climbed in morning trade following the company's announcement of a transmission connection agreement for an 800-megawatt data center campus planned in Bundey, South Australia. The site, located about 78 miles northeast of Adelaide, secured four 330-kilovolt feeder exits at a utility substation able to support up to 800MW without req…
Meta Platforms shares climbed roughly 3.0% in morning trading to $615.68 after the company introduced an enterprise-grade AI business agent designed to automate commercial tasks across WhatsApp, Instagram, and Messenger. The move, coupled with an Arete upgrade and a higher AI-related capex projection from Goldman Sachs, helped drive company-specifi…
GlobalFoundries shares climbed in morning trading after the company announced a collaboration between its GF Labs unit and the U.S. Department of Energy’s Genesis Mission, and after completing the acquisition of Synopsys’ ARC Processor IP Solutions business. The moves tie the company more closely to domestic research infrastructure and broaden its …
Medtronic shares rose sharply in morning trading after the company reported fiscal Q4 revenue and earnings that beat internal guidance, recorded its strongest annual revenue growth in ten years, and announced a quarterly dividend increase. Exceptional expansion in Cardiac Ablation Solutions and a clear organic revenue growth target for fiscal 2027 …
The S&P 500 climbed above 7,600 this week, prompting Capital Economics to dissect whether the index’s strong performance since the end of 2022 stems from rising corporate earnings or from investors paying higher multiples. The firm’s chief economic adviser, John Higgins, says the conclusion hinges on the valuation framework used: forward twelve-mon…
USA Rare Earth has signed agreements with the U.S. Department of Commerce that provide access to up to $1.6 billion in CHIPS Act financing to support its plan to construct an integrated domestic rare-earth mine-to-magnet supply chain. The commitments supplement a $1.5 billion private capital raise and follow the company’s announced investments in m…
Shares of Dot Ai Inc (NASDAQ:DAIC) dropped 21.2% Wednesday after the company confirmed it has engaged Cohen & Company Capital Markets to evaluate a spectrum of strategic alternatives, including potential sale, merger, partnerships, financing, or liquidation. The board has not set a timetable and cautioned there is no agreement or assurance that any…
Alphabet disclosed a $84.75 billion capital raise to support expanding artificial intelligence infrastructure as it reported rapid user growth for its Gemini platform and a near doubling of its Cloud backlog to over $460 billion. The announcement included detailed share-and-depositary-share offerings, expected closing dates, and updated notes on ca…
CLPS Inc reported a strategic overhaul of its research and development processes centered on an AI-driven model it calls the AI Rainstorm Factory. Shares rose 5.4% after the company outlined a specification-driven, six-phase framework and disclosed expanded computing infrastructure in Shanghai, Shenzhen, and Singapore with peak capacity up to 15,00…
Airlines are incurring losses as jet fuel prices swing, with only carriers that employ sophisticated hedging strategies able to blunt some of the impact, the International Air Transport Association said. Record-high jet fuel crack spreads, reductions in Middle East export capacity and flight cancellations have combined to compress airline resilienc…
Lixte Biotechnology Holdings Inc (NASDAQ:LIXT) disclosed a $16.6 million registered direct offering that led to a 3.4% decline in its stock price. The deal includes the sale of 2,625,362 shares of common stock and immediately exercisable pre-funded warrants priced at $0.0001, at an offering price of $6.31 per share. The transaction, priced at the m…
Fiat confirmed it will launch two new mid-sized models, the Grizzly and the Grizzly Fastback, in the second half of this year across Europe, the Middle East and Africa. Both cars measure under 4.5 metres, use Stellantis' 'Smart Car' platform, and will be offered with petrol, hybrid and fully electric powertrains. The company said it intends to exte…
Turbo Energy SA ADR (NASDAQ:TURB) saw its stock rise 9% after the company disclosed it raised about $5.0 million and increased shareholders' equity to roughly $6.48 million from $1.88 million as of Dec. 31, 2025. The firm said the capital was secured via a Registered Direct Offering and at-the-market sales in 2026, placing its equity above Nasdaq's…
Meta Platforms introduced a business-oriented artificial intelligence 'Business Agent' at its WhatsApp-focused Conversations conference in London on June 3. The agent brings action-taking capabilities to business messaging across WhatsApp, Messenger and Instagram, and the company is also launching a Business Agent Platform to let firms deploy custo…
Morgan Stanley has moved its Australian consumer industry stance to Cautious, warning that a sharper-than-expected housing downturn could erode discretionary spending through fiscal 2027. The bank lowered same-store sales and margin assumptions for hardware and big-ticket categories in FY27 and cut earnings and price targets for several discretiona…
Morgan Stanley significantly raised its price targets for Micron Technology and SanDisk Corporation, citing persistent supply constraints in memory markets and strong willingness from hyperscalers to pay higher prices. The firm increased Micron's target to $1,050 from $520 and SanDisk's to $1,750 from $1,100, while upgrading EPS forecasts driven by…
Rheinmetall has agreed to sell its civilian automotive division to Munich-based industrial group Aequita for roughly €350 million. The transaction, covering all shares in the business unit, includes customary price adjustment mechanisms and is expected to close in the fourth quarter of 2026. Rheinmetall said worsening conditions in the automotive s…
CytomX Therapeutics saw a premarket share increase after receiving $37 million from Regeneron under an expanded collaboration to develop conditionally-activated bispecific cancer therapies. The agreement adds two programs and gives Regeneron rights to nominate further targets, with total contingent payments and milestones that could approach $4 bil…
Oshkosh Corporation's defense arm received $142 million in orders for its Family of Medium Tactical Vehicles A2 platform, spanning multiple configurations and customers in the United States and abroad. The awards underscore ongoing demand for adaptable tactical mobility solutions and were followed by a 2% premarket uptick in the company's shares.
An expanding suite of targeted cancer treatments, along with immunotherapies, hormone pills and chemotherapy, is contributing to a rising number of Americans living with cancer. Improved understanding of cancer biology, patient selection by genetic markers and clinical trial advances have raised five-year survival rates and produced new life-extend…
Shares of several large U.S. alternative asset managers fell in premarket trading as market participants awaited second-quarter updates on redemption activity at non-traded private credit funds. Concerns over liquidity and elevated withdrawal requests, following a sharp rise in the first quarter, have prompted managers to cap redemptions and drawn …
Futures tied to Canada's primary stock benchmark recorded modest losses early Wednesday as renewed exchanges between the U.S. and Iran kept investors cautious. The Toronto Stock Exchange had closed at a record the previous day, supported by gains in financial and energy names, while U.S. futures traded mixed amid strong momentum in semiconductor st…
Anthropic introduced a Services Track and a Partner Hub for its Claude Partner Network, establishing three certification tiers for consulting firms and offering a dashboard that tracks partner progress. The move formalizes requirements for certified practitioners, production deployments, and public customer references, and updates partner review ca…
