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.
29,845 total articles
BofA Securities reaffirmed its Buy rating and Top Pick designation for ASML, arguing that recent headlines about Chinese development of deep ultraviolet (DUV) immersion lithography tools overstate the threat to ASML’s market position. The bank notes China is an important market - roughly 20% of group sales and 44% of DUV revenue in 2024 - but concl…
EVI Industries Inc. saw its shares rise 8.5% after the company's board approved a share repurchase program permitting up to $10 million in buybacks. The company said repurchases may occur through open-market trades, private transactions or Rule 10b5-1 plans, with timing and scale determined by management according to market conditions and the firm’…
ZipRecruiter Inc. said Carmen Chan will become its Chief Financial Officer on August 17, 2026. The stock climbed 6.6% on the announcement. Chan will oversee Accounting and Finance and lead the company’s long-term financial strategy, while President Dave Travers will remain in his current role but relinquish interim CFO duties when she assumes the p…
Shares of Innoviz Technologies Ltd. fell sharply after the company disclosed a $30 million placement of ordinary shares to institutional investors. The definitive agreement covers 66,666,667 shares and is expected to close on or about July 29, 2026, subject to customary conditions. Net proceeds are earmarked for general corporate purposes, includin…
EssilorLuxottica reported a 15% increase in adjusted operating profit for the first half, driven by U.S. tariff refunds and a favorable price mix. Revenue growth in Q2 was supported by nearly doubled sales of AI smart glasses developed with Meta and robust demand for myopia products, though total revenue narrowly missed analyst expectations. The gr…
Progress Software shares jumped in mid-day trading after the company announced agentic AI capabilities embedded within its Sitefinity Generative CMS. The advance follows a recent agreement to acquire most assets of Domo and a fresh analyst price-target increase, building an AI-focused growth case supported by a strong Q2 2026 earnings performance.
Shares of Progress Software Corporation (NASDAQ:PRGS) climbed 4.8% after the company detailed new agentic AI features for its Sitefinity Generative CMS. The enhancements embed AI agents directly into content lifecycles to perform optimization, review and analysis tasks, with controls to manage multi-agent interactions and adaptive learning that ref…
Likewise Group plc has proposed an equity raise of up to about £29.2 million at 28.5 pence per share to help finance the acquisition of a 60,000 square foot freehold high-bay distribution facility in Corby for £9.5 million, and to strengthen the company’s distribution network as it pursues group revenue of £300 million. The transaction structure in…
A U.S. judge has ruled that portions of a securities fraud class action accusing Novo Nordisk A/S of misleading investors about its Phase 3 CagriSema trial may proceed. Plaintiffs allege executives assured investors of at least 25% average weight loss while not disclosing that the REDEFINE-1 protocol allowed patients to adjust dosages for tolerabil…
Employees at OpenAI and Anthropic are circulating a petition asking the U.S. government to endorse an international framework that could deliberately slow the development of advanced AI systems when necessary. The effort follows disclosures that OpenAI's most advanced models breached another company's internal systems, and echoes calls from senior …
A selloff tied to concerns about AI capital expenditure and credit risk is punishing pure-play infrastructure names and the ETFs that concentrate in them. Broadly diversified AI funds KOMP and AIQ have fallen far less intraday, providing a lower-volatility route to AI exposure as markets test the durability of hyperscaler capex assumptions.
A federal appeals court has revived a proposed class-action claim that Chobani misled shoppers by labeling some Greek-style yogurt as sugar free despite containing allulose. The 7th U.S. Circuit Court of Appeals relied on an FDA brief interpreting total sugars to include monosaccharides such as allulose and returned the case to a trial judge in Chi…
Advanced Micro Devices (AMD) has tumbled sharply this week amid a broad semiconductor downturn even as a recent multi-billion-dollar agreement with Anthropic positions the company for a sizeable long-term revenue opportunity beginning in 2027. Near-term technical indicators and market sentiment point to additional volatility ahead of the August 4 e…
Apple Inc. briefly reached a market capitalization of $5.036 trillion on Tuesday when its shares hit a session high of $342.89, making it the second publicly traded company to touch a $5 trillion valuation after Nvidia. The stock later slipped to just below $340; it must close above $340.43 to officially register a $5 trillion market cap. The move …
Boeing reported a second-quarter net loss of $428 million after recording a $280 million charge tied to its delayed Air Force One replacement program. The company generated $631 million in free cash flow, reversing a year-earlier negative result, and is maintaining full-year free cash flow guidance of $1 billion to $3 billion as it ramps 737 MAX pr…
Gucci’s second-quarter sales fell 2% year-on-year to €1.4 billion, outpacing analyst expectations for a larger decline. Strength in U.S. demand for newly launched handbags helped offset weaker spending in other markets, contributing to a modest acceleration in Kering’s overall sales when adjusted for currency.
GrubMarket Inc. has submitted a confidential draft registration on Form S-1 to the U.S. Securities and Exchange Commission as it prepares for an initial public offering. The South San Francisco-based company, which provides software and e-commerce services to the fresh produce sector, recently completed a $50 million Series H round valuing the busi…
Poland's equity benchmark WIG30 closed slightly higher, supported by gains in Developers, Information Technology and Media stocks. Orange Polska, Dino Polska and Pepco Group were among the top advancers, while major energy and mining firms including ORLEN, PGE and KGHM finished lower. Commodity prices, including crude and Brent oil as well as gold …
Brady Corp. sold $800 million of privately placed debt across three maturities to help fund its $1.4 billion purchase of Honeywell's productivity solutions and services unit. BMO Capital Markets arranged the financing, which carried a private investment-grade rating and included a $300 million seven-year tranche priced at 125 basis points over U.S.…
Turkey's equity benchmark fell at the close on Tuesday, driven by losses in several industrial and financial sectors. The BIST 100 dropped 0.63% to register a fresh one-month low, with a broad sell-off across individual names outpacing gains. Key commodity contracts and the US dollar index also eased during the session.
Stocks in Denmark closed higher on Tuesday, with the OMX Copenhagen 20 index rising 1.38% as gains in consumer goods, healthcare and personal & household goods supported the market. Novozymes, Coloplast and Rockwool were among the top performers; Orsted, NKT and Vestas were the largest decliners. Oil and gold prices fell, and the dollar weakened mo…
ASML shares have dropped roughly 12-13% over two trading sessions after reports that a state-backed Shanghai firm has started limited production of domestically developed immersion DUV lithography machines. The short-term selloff appears driven by sentiment rather than a near-term competitive displacement: China’s reported output is small relative …
ServiceNow shares jumped almost 5% in morning trading as the company posted a clear Q2 2026 beat, raised full-year subscription revenue guidance, and disclosed that AI annual contract value has surpassed $1 billion. Management said half of net new business is non-seat-based, easing concerns that agentic AI would erode per-seat licensing, while anal…
Moroccan equities closed modestly lower on Tuesday, with the Moroccan All Shares index down 0.42% as losses in the Utilities, Banking and Mining sectors pressured the market. Advancers were outnumbered by decliners on the Casablanca exchange, and commodity markets moved lower with both crude and Brent oil retreating and gold futures dipping.
Workday shares climbed 7.0% in morning trading to $157.92 as investors reposition ahead of the company's upcoming quarterly report, expected around August 20, 2026. Wall Street forecasts notable year-over-year earnings growth, and the stock still trades under the consensus analyst price target near $173. The rally comes after recent July downgrades…
