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.
29,731 total articles
Visa shares moved higher in pre-market trading after the payments giant revealed plans to cut roughly 2,600 roles - about 7% of its workforce - with the reductions focused in technology and product functions. The announcement, made in a staff memo from CEO Ryan McInerney circulated on Tuesday morning by Bloomberg, combined with fresh analyst upgrad…
BofA Securities moved Honeywell Technologies from Underperform to Neutral and raised its price target to $265 from $205 after the company delivered stronger-than-expected second-quarter results, beat BofA's EPS estimate, and provided an upgraded full-year 2026 outlook. The brokerage pointed to broad-based order growth, a healthier backlog and impro…
Apple is developing a small wall- or desk-mounted smart display running a customized OS that merges elements of tvOS, watchOS, and iOS. The roughly 7-inch square device uses facial recognition and spatial sensing to personalize the interface and manage home functions; it will be joined by refreshed Apple TV and HomePod mini models as part of an ini…
Mercedes-Benz's chief executive said the automaker will take necessary steps to protect its business in the United States after U.S. lawmakers moved to tighten restrictions that could, in theory, bar the company from selling cars there because its two largest shareholders are Chinese. The CEO said Mercedes is closely watching the debate, engaging w…
ProMIS Neurosciences saw a sharp pre-market rise after releasing blinded six-month interim safety and biomarker results from its PRECISE-AD Phase 1b trial of lead Alzheimer’s candidate PMN310. The dataset covering 136 patients reported zero incidents of amyloid-related imaging abnormalities-edema (ARIA-E), a low total ARIA rate of 4.4% limited to m…
JPMorgan reiterated a positive view on the U.S. healthcare sector, arguing that it combines sustained growth, strong profitability and attractive valuations at a time when investor capital has concentrated on AI themes. The firm highlights years of underperformance, multiple drawdowns and a significant drop in index weight as evidence that the sect…
Cullinan Therapeutics shares climbed in pre-market trading after the company reported constructive FDA feedback from an End-of-Phase 1 meeting on CLN-049, a FLT3xCD3 bispecific T cell engager for relapsed/refractory acute myeloid leukemia. The firm said it plans to begin a potentially registrational Phase 2 study in Q3 2026, using a short dose-opti…
Repligen shares rose in pre-market trading following a second-quarter report that topped consensus on both adjusted EPS and revenue, a raised full-year 2026 EPS outlook, and a notable analyst upgrade. Management highlighted organic growth and sustained order momentum, while an agreed acquisition expands the company's exposure to new modalities.
ICON stock climbed 5.3% in pre-market trading following a multi-year collaboration with Anthropic to integrate Claude AI functionality across the company’s Orbis AI platform. The alliance targets four specific production capabilities spanning site intelligence, predictive enrollment risk monitoring, protocol amendment reduction, and ecosystem integ…
Asbury Automotive shares rose in pre-market trading after the Atlanta-based auto retailer reported second-quarter 2026 adjusted EPS of $6.82, beating the consensus estimate of $6.46. Revenue of $4.4 billion was roughly flat year-over-year and slightly below expectations, while GAAP net income declined about 25% to $115 million. Strength in used-veh…
Alkermes shares slid in pre-market trading after the company reported Q2 2026 results. While adjusted EPS beat consensus and revenue outpaced estimates, the reaffirmed full-year 2026 revenue guidance midpoint came in below analyst projections, prompting a pullback in a stock that had rallied substantially year-to-date.
SK Hynix's $26.5 billion Nasdaq listing on July 10, 2026 - one of the largest U.S. and global floats ever - has quickly given way to heavy volatility. ADR shares have slid beneath the IPO price amid a rapid compression of the initial ADR premium, downward earnings revisions from Korean brokers, an unexpected Bank of Korea rate increase and a shock …
JetBlue reported a larger year-over-year net loss in the second quarter as a sharp rise in jet fuel expenses pressured margins. Stronger demand and higher fares helped the carrier recover more fuel costs than previously expected, prompting it to reinstate its annual revenue per available seat mile outlook and set a long-term profit target of at lea…
Axon Enterprise (AXON) reports quarterly results after the market close on Aug 5. Shares recently traded at $525.48 (approximately $534.84 pre-market), about 41% below the 52-week high of $885.92 despite a 29.33% rally over the last three months. Consensus forecasts call for $876.46 million in revenue, roughly a 30% year-over-year increase, and $1.…
Company officers and board members disclosed several notable insider stock purchases and sales in filings covering late July. Significant buys included stakes in Oak Valley Bancorp, Metropolitan Bank Holding Corp., Energizer Holdings, McCormick & Co., and Greenwich LifeSciences. Major sales were reported at Datadog, Safety Insurance Group and Unite…
Visa plans to reduce its global workforce by roughly 7%, or about 2,600 positions, with the reductions mainly concentrated in technology and product groups. The company says artificial intelligence has eliminated some repetitive tasks and accelerated product development but was not the only reason for the cuts. Visa is due to report quarterly resul…
Futures tied to Canada’s primary equity benchmark rose modestly on Tuesday as market participants digested ongoing developments in the Middle East and prepared for a week dense with corporate earnings and central bank decisions. Strength in technology helped push the main S&P/TSX composite to a fresh close above last week’s record, while U.S. and A…
UBS initiated coverage on four U.S. medical-technology firms, awarding Buy ratings to Intuitive Surgical and Enovis, a Sell rating to Inspire Medical Systems and a Neutral rating to Integra LifeSciences. The brokerage sees the sector offering opportunities from innovation, growing procedures and operational recovery, but emphasizes divergent compan…
Franklin Templeton’s Director of ETF Investment Strategy, Marcus Weyerer, says the current market upswing driven by artificial intelligence diverges from the late-1990s internet boom. While the S&P 500 has climbed 108% from its 2022 low through week 188 of the present rally, that gain is smaller than the 127% rise recorded in the equivalent stretch…
Visa Inc. plans to cut approximately 7% of its global workforce - about 2,600 positions concentrated in technology and product teams - as part of a restructuring intended to redirect capital toward core payment priorities. The move, disclosed in an internal memo from CEO Ryan McInerney, follows a decade of rapid hiring that expanded the company to …
Morgan Stanley has designated Spirax as its top pick among UK industrials, upgrading the stock to overweight and assigning an 8,500p price objective. The broker cites an improving outlook for organic growth, anticipated margin recovery and the contribution from the higher-margin Watson-Marlow business as key reasons for the call. Morgan Stanley mai…
Apple on July 28 introduced a U.S. leasing program called Apple Upgrade, run through payments firm Klarna. The plan replaces Apple’s previous iPhone financing products in the United States and provides monthly leasing options for iPhones, Apple Watches, iPads and Macs with a range of terms and starter monthly payments.
S&P Global reported a robust second-quarter performance, with double-digit revenue growth and a notable increase in adjusted earnings per share. The firm completed the July 1 spin-off of its Mobility business and updated its 2026 outlook. It also agreed to acquire datacenterHawk and to take a majority stake in Pan-African ratings agency Agusto & Co…
Saudi Arabia's equity market closed lower on Tuesday, with the Tadawul All Share index falling 0.85% to a fresh three-month low. Losses were concentrated in the Industrial Investment, Insurance and Real Estate Development sectors. Market breadth was negative, with 249 decliners versus 83 advancers and 15 unchanged. Commodity and currency moves incl…
Alphabet’s recent quarter offered a cautionary note for Wall Street: robust results did not translate into investor enthusiasm once AI infrastructure spending pushed free cash flow negative for the first time in its public history. That development has refocused scrutiny on capital expenditure plans for Microsoft and Amazon as they report results o…
