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.
3,873 total articles
Citigroup is set to undergo further employee reductions in March, subsequent to approximately 1,000 layoffs implemented in January. These forthcoming cuts, expected to impact senior management including managing directors across various business units, are part of CEO Jane Fraser's broader initiative to reduce costs and improve operational efficien…
Bank of America analysts suggest that even with forecasts indicating robust GDP and earnings growth, the S&P 500 may not experience significant gains. This is largely attributed to the index's concentration in AI-related stocks, which are less sensitive to economic cycles, contrasting with cyclical sectors that would benefit more directly from an e…
Jefferies has launched its equity research coverage on Elia Group SA/NV, a major electricity transmission system operator with predominantly regulated operations in Belgium and Germany. The report emphasizes the company's growing regulated asset base, increasing EBITDA, and steady balance sheet growth in line with ongoing infrastructure investments…
The UK's Ofcom has initiated an investigation into Meta Platforms concerning the accuracy and completeness of information the social media giant submitted about WhatsApp. This inquiry follows a market review of the wholesale business bulk SMS sector conducted last year, raising concerns about the reliability of data Meta provided during the process…
As in-flight connectivity becomes more prevalent, the debate over its value intensifies, particularly between budget carriers like Ryanair and premium, long-haul airlines. While the latter sees high-speed WiFi as indispensable for attracting premium customers, budget airlines question the cost-effectiveness against passenger willingness to pay.
Lenovo is advancing its position as a major AI player by seeking collaborations with a variety of large language model developers worldwide to integrate AI capabilities across its extensive product portfolio, including PCs, smartphones, and wearables. The company's approach is to orchestrate partnerships rather than develop proprietary AI models, c…
In 2025, U.S. companies secured $244 billion in foreign government procurement contracts with the support of the U.S. Commerce Department, marking a nearly threefold increase from 2024. This surge is largely driven by a significant uptick in Boeing's aircraft orders and is projected to sustain approximately 844,000 American jobs.
Intel's stock fell by 12% following reports that its data-center chip supply cannot keep pace with the escalating demand driven by the artificial intelligence sector. The company, which had been lagging behind AI chip leader Nvidia, is now experiencing increased interest due to strong server chip demand and substantial investments from notable enti…
Barclays has upheld a neutral perspective on the European consumer staples sector but executed a series of targeted rating changes among individual companies. Notably, it upgraded L'Oréal and Haleon to 'overweight' while adjusting price targets across several firms within the food, household, and personal care segments. These modifications reflect …
Czechoslovak Group (CSG) debuted on the Euronext Amsterdam stock exchange with a significant market capitalization, reflecting rising investor confidence in the European defense sector amid heightened security concerns post-Russia’s invasion of Ukraine. The company’s IPO attracted strong demand, supported by established ties with key clients such a…
According to Bank of America strategist Michael Hartnett, the typical conditions that indicate a major equity market peak are not fully present in 2026. While investor positioning is high and optimism toward earnings remains robust, the crucial factor of policy tightening is missing. Hartnett emphasizes that without tighter financial conditions, in…
Indian equities ended lower on Friday, with the Nifty 50 index declining nearly 1 percent to mark a three-month low. Losses were led by the Real Estate, Power, and Capital Goods sectors. Major indices including the BSE Sensex followed suit, reflecting broad-based selling. Volatility increased as measured by the India VIX, while certain blue-chip st…
Deutsche Bank has updated its target prices for a range of European gaming companies in its 2026 sector forecast, maintaining most core investment recommendations despite widespread valuation adjustments. The bank anticipates ongoing sector influences including prediction market evolution, UK online gambling tax impacts, and continued market consol…
Sberbank, Russia's largest banking institution turned technology conglomerate, has acquired a substantial ownership stake in Element, a leading producer of microelectronics. This move aligns with Moscow’s broader strategy to enhance technological sovereignty, particularly for military applications, amid sanctions restricting access to Western high-…
Deutsche Bank has initiated coverage on Trelleborg, assigning an Overweight rating and a price target of 450 SEK, anticipating an 18% gain by mid-2027. The bank's positive perspective is anchored in robust growth projections across aerospace, construction, industrial, and biopharma sectors through 2026, alongside expectations of organic growth outp…
Kepler Cheuvreux has upgraded Relx to its Sector Most Preferred List, maintaining a buy rating with a target price of 3,905 pence. The broker attributes recent share price declines to overblown concerns about AI disruption, instead emphasizing AI-driven growth opportunities in Relx's legal and scientific divisions. Revenue and margin forecasts for …
Morgan Stanley projects a robust start to the European semiconductor fourth-quarter earnings season, focusing on capital spending visibility and strong order momentum. Favoring wafer fabrication equipment companies ASML and ASMI, the bank anticipates continued investment in memory and foundry sectors fueling growth. Their analysis suggests sustaine…
FedEx is set to reduce its operational footprint in France by cutting up to 500 jobs and shrinking the number of local stations from 103 to 86. Alongside this contraction, the company plans to invest up to 78 million euros to simplify its network and eliminate redundant infrastructure in response to tough competition and cost pressures in France's …
Shares of AP Moeller - Maersk tumbled after Bank of America lowered its rating to Underperform, citing intensified structural overcapacity in ocean freight and expected earnings declines. The bank also cut its price target, reflecting an anticipated 23% downside amid market capacity expansion and geopolitical factors. Despite past outperformance, a…
FedEx Corp has outlined plans for a significant transformation of its operations within France. The restructuring involves a reduction in operational jobs and locations, alongside an investment of up to €78 million targeting enhanced infrastructure and advanced technology. While up to 500 positions could be eliminated, the initiative anticipates th…
Goldman Sachs has shifted its rating for Holcim AG shares from Buy to Neutral due to the recent sharp increase in the stock price, which has reduced potential for further gains. Despite the downgrade, Goldman maintains confidence in Holcim's strategic direction, particularly in European decarbonisation and cost management. The shares experienced a …
CK Hutchison Holdings is reportedly re-evaluating its plan to sell a portfolio of 43 ports across 23 countries by partitioning the assets into smaller groups under different ownership arrangements. This comes as the company faces significant pressure from Beijing over its proposed sale to a consortium led by BlackRock and MSC, with China potentiall…
CK Hutchison is exploring a restructured method for divesting multiple port assets by breaking the sale into smaller segments with differentiated ownership models. This approach would allow state-owned China COSCO Shipping Corporation to assume larger stakes in ports closely aligned with Beijing’s interests, particularly in Africa, while other cons…
UBS has significantly raised its rating on Siemens Energy AG from 'sell' to 'buy,' and increased its price target from €38 to €175, citing a persistent shortage in the gas turbine market and anticipated profit margin improvements. The firm projects strong gas turbine order growth through fiscal 2026 and earnings that will surpass consensus estimate…
Senior Chinese trade officials convened with delegates from 30 prominent British companies including Swire Group, HSBC, and Intercontinental Hotels, underscoring efforts to reinforce economic and trade partnerships ahead of Prime Minister Keir Starmer's upcoming visit to Beijing. The discussion emphasized mutual cooperation and investment between t…
