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.
20,605 total articles
Nielsen figures referenced by Bank of America show cigarette and cigar volumes declined sharply in the UK and more modestly in Italy during the four weeks ending in mid-May. Imperial Brands reported notable volume growth and market share gains in Italy, while British American Tobacco, Philip Morris International and Japan Tobacco all saw volume dec…
Barclays' technology team estimates that annual infrastructure investment by Western hyperscalers and AI labs could top $1 trillion before peaking in 2028, a projection more than $300 billion above consensus. The bank highlighted more than a dozen manufacturers of turbines, generators, control systems and advanced materials that it sees as integral…
Micron Technology shares jumped nearly 6.0% in morning trading to a 52-week high of $1,038.94 after Nvidia unveiled a new Arm-based AI processor at Computex and analysts issued bullish guidance. The Nvidia announcement - pitching AI-capable processors into mainstream laptops from major OEMs - was read by the market as an expansion of Micron’s addre…
Stocks across market-cap tiers moved sharply on Monday, with Arm and Dell among the strongest gainers and several semiconductor names and specialty issuers slipping. The session was marked by company-specific news - from analyst upgrades to product rollouts and takeover chatter - that drove outsized intraday moves in both large-cap and smaller-cap …
Barrick Mining is weighing a London listing for its Africa operations and is exploring an all-share transaction with London-listed Endeavour Mining among other options. Discussions are at an early stage, with no final decision or near-term announcement expected. A combined Africa-focused vehicle and Endeavour could command a market value near $30 b…
Humana shares climbed strongly after the company filed an 8-K reaffirming its full-year 2026 earnings guidance and signaled management will reiterate that outlook across investor meetings in June. A combination of a Q1 earnings beat and a wave of analyst price-target increases — led by a large upgrade from Deutsche Bank — amplified investor confide…
Northrop Grumman said Apex will provide support on its space-based interceptor demonstration for the U.S. Space Force. The firm has finished ground testing this year and expects to field an on-orbit capability in 2027 as part of a broader competition to show a constellation of interceptors capable of defeating in-flight missile threats.
Euro-area government bond yields rose sharply as tensions in the Middle East weighed on markets and oil prices jumped more than 5%. A weekend U.S. strike on Iranian military targets, a reported Iranian response targeting a U.S. base and a reported halt in messaging between Tehran and Washington through intermediaries coincided with moves that pushe…
In a late-stage trial presented at the American Society of Clinical Oncology, Johnson & Johnson reported that using Erleada (apalutamide) together with standard testosterone-suppressing therapy for six months before and after prostate removal surgery substantially increased the chance of minimal residual tumor at surgery and cut the risk of cancer …
The U.S. Supreme Court has invited the Trump administration to provide its view on whether the justices should hear Robinhood Markets’ appeal seeking to block a revived class-action suit. Plaintiffs allege the online broker misled investors in its IPO filings by failing to disclose the waning impact of a meme-stock and Dogecoin trading surge that p…
Short-dated British government bond yields rose sharply on Monday after reports that Iranian negotiators halted message exchanges with the United States through intermediaries following Israeli military action in Lebanon. Two-year gilt yields jumped to 4.329%, marking their highest reading since May 22 and registering the largest single-day increas…
Elliott Investment Management has built a roughly $1 billion holding in Northern Star Resources, about 4% of the company, according to people familiar with the matter. The stake comes amid investor unease after production cuts that the article says erased $17 billion in shareholder value, and follows a CEO resignation announcement in May. Elliott i…
ServiceNow stock climbed sharply in morning trading after a high-profile endorsement of the software sector's AI prospects at Computex and fresh company guidance. Strong subscription revenue forecasts, an increased full-year outlook, and analyst support helped drive the gain amid a broader software-sector bounce while major U.S. indices remained la…
Edgewise Therapeutics stock jumped sharply in pre-market trading after the company agreed to sell its muscular dystrophy program, including sevasemten, to French drugmaker Servier for up to $2.65 billion. The transaction delivers $1.55 billion in upfront cash plus as much as $1.1 billion in milestone payments and was approved unanimously by both co…
The U.S. Supreme Court has invited the Trump administration to provide its view on whether the court should accept Robinhood Markets' appeal seeking to block a revived class-action lawsuit. Plaintiffs allege Robinhood misled investors about how a decline in meme-stock and cryptocurrency-driven trading would affect its financial metrics after the co…
IBM shares jumped sharply after a December 2025 White House roundtable video showing President Trump praising CEO Arvind Krishna circulated widely, while Barclays' Overweight initiation and Wedbush's reaffirmation added institutional bullishness. Sector optimism following remarks from Nvidia's CEO further amplified gains, leaving IBM as a notable o…
NVIDIA shares climbed sharply in morning trading after CEO Jensen Huang used Computex and GTC Taipei 2026 to introduce the RTX Spark superchip for PCs, announce a standalone Vera CPU for data-center AI, and confirm full production of the Vera Rubin AI platform. The announcements included partner and customer details that reinforced investor confide…
Activist hedge fund Toms Capital Investment Management has asked Voya Financial to examine strategic alternatives, including a possible sale, arguing the insurer and asset manager is trading below peers due to management indecisiveness and diminished credibility. The investor, one of Voya’s largest shareholders, highlighted relative share performan…
Taylor Morrison Home stock jumped sharply in morning trade after Berkshire Hathaway announced a definitive agreement to acquire the Scottsdale, Arizona-based homebuilder for $72.50 per share in an all-cash transaction. The price implies an enterprise value of roughly $8.5 billion and an equity value near $6.8 billion and represents a 24% premium to…
UBS told clients that the recent strength in equities offers an opportunity to rebalance, warning that outsized gains among top U.S. technology stocks have raised concentration risk. The S&P 500 hit a new record, with year-to-date gains above 10%, while the MSCI All Country World index is up 10.9% for the year. UBS kept its year-end S&P 500 target …
Dell Technologies rallied sharply after reporting fiscal Q1 FY2027 results that showed record revenue of $43.8 billion and substantial gains in both GAAP and non-GAAP earnings. AI-optimized server sales and a growing backlog of orders were central to the beat, prompting multiple analyst price-target increases and an elevated full-year outlook for A…
The International Labour Organization has revoked the planned July start of Sheng Li as Deputy Director-General, citing outstanding payments from the United States. The agency said the appointment will not proceed while arrears remain unpaid, although it left open the possibility that the U.S. could settle its debts and restore its standing. Diplom…
Prosus NV is investigating an increase in its equity holding in Delivery Hero and has been in contact with other shareholders to determine at what price they might be willing to divest. The move coincides with a takeover approach by Uber Technologies for the Berlin-based food delivery operator. Prosus currently owns a 16.83% stake in Delivery Hero,…
GoPro Inc. shares fell about 8% in pre-market trading after the company refiled consolidated financial statements from its 2025 annual report to include a going concern disclosure. The same qualification also appears in its quarterly filing for the period ended March 31, 2026. PricewaterhouseCoopers LLP added an explanatory paragraph on the company…
El Al Israel Airlines announced it will relaunch nonstop service between Tel Aviv and San Francisco starting October 25. The carrier plans three weekly, roughly 15-hour flights under flight number LY49, citing strong demand from business travelers and the regional Israeli community. The move follows a suspension of the route during the COVID-19 pan…
