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.
29,740 total articles
SanDisk Corporation shares fell 8.6% today as weakness swept through global memory stocks. Comments from Morgan Stanley questioning the durability of the AI-driven memory rally, together with a price-target cut at Susquehanna after a modelling error, pressured sentiment. Other memory and storage companies also declined while major US indices were l…
Norway's equity market finished lower on Friday, with the Oslo OBX index closing down 0.58% as losses in Media, Transport and Diversified Financials pulled the benchmark lower. Market breadth was negative, and commodity and currency moves — notably weaker crude and Brent oil — accompanied the equity decline.
Israel's main equity benchmark, the TA-35, finished the session higher, climbing 0.62% to a one-month peak. Technology, banking and real estate sectors supported the advance, while market breadth was narrowly positive. Selected Israeli firms posted notable intraday moves amid broader commodity and currency shifts.
Greece's main stock index finished the trading day higher, pushed by advances in banking, construction and travel-related stocks. The Athens General Composite rose 1.49% at the close. Individual winners included Intralot Integrated Lottery Systems and Services SA, National Bank of Greece SA and Eurobank Ergasias SA, while Ekter, Alter Ego Media SA …
Travelers Companies shares rose 2.8% in morning trading to a 52-week high of $386.77 following a materially stronger-than-expected second-quarter report and a string of analyst price-target increases. The insurer reported core income of $2.2 billion, or $10.04 per diluted share, driven by lower catastrophe losses, $578 million of favorable prior-ye…
Cigna is deploying artificial intelligence tools across its health business to flag members with chronic and complex conditions and route them to clinicians, aiming to cut medical spending for customers by $200 million over three years. The company says the technology will expand clinical access, enable earlier interventions for serious illnesses a…
Roper Technologies rose sharply in early trading after reporting Q2 2026 results that beat consensus on both adjusted earnings and revenue, and after management raised its full-year adjusted EPS outlook. The quarter showed solid organic growth, acquisition contributions, and stronger free cash flow, prompting several analysts to lift price targets …
An external advisory committee to the U.S. Food and Drug Administration resumed its meeting on Friday to consider three additional peptide products, extending a deliberation that began the prior day. The prior session featured a long day of debate in which the panel voted to allow compounding pharmacies to prepare four unapproved compounds and dive…
Elon Musk’s estimated net worth dropped by more than $47 billion on paper as Tesla shares plunged 16.1% in a week and SpaceX declined 26.2% over the past month. Tesla reported weaker-than-expected Q2 results and negative free cash flow amid increased capex for AI and robotaxi initiatives. SpaceX’s market value fell as a major post-IPO lockup expiry…
Shares of CH Robinson Worldwide plunged after a Dallas County jury returned a $604 million advisory verdict tied to a 2021 trucking accident that killed three people and injured two. The jury found the freight broker shared responsibility for hiring a carrier with a record of federal safety alerts. The ruling - coming after the U.S. Supreme Court a…
Apple shares climbed about 2.4% to $329.39 after Morgan Stanley raised its price target and the company announced several strategic moves, including regulatory registration of its AI platform in China, a Klarna-backed device leasing program and a vehicle tie-up with Ford. The advances came as the broader Nasdaq slipped, underscoring Apple’s relativ…
Space Exploration Technologies Corp. is approaching a major lockup expiration that will free 911.5 million shares shortly after its first quarterly report in August, at a time when the stock is trading near its all-time low and below the $135 IPO price. The upcoming unlock, combined with mixed financials and wide analyst targets, raises the probabi…
Friday's trading session produced pronounced swings across market-cap tiers. Memory and semiconductor-related names such as SanDisk and Micron recorded notable declines, while select large- and mid-cap stocks rallied following analyst upgrades and quarterly results that topped expectations. Small-cap performers included a sharp advance in an insura…
Oracle’s credit risk has spiked as its Credit Default Swap spread climbed to a record 198.23 basis points while the shares trade at $116.71, just above the 52-week low of $116.01. Aggressive capital spending to support a large AI infrastructure push tied to a $300 billion OpenAI contract has flipped free cash flow negative and left the company perc…
U.S. equity benchmarks slipped on Friday and were set for weekly declines as investor attention shifted to higher tech capital spending, fresh tariff measures and escalating geopolitical risk. Stronger-than-expected forecasts from Intel failed to buoy sentiment, while oil price moves and rate-hike probabilities ahead of the Federal Reserve meeting …
BlackRock-affiliated Sopaipilla Investor has started marketing $12.3 billion of investment-grade notes to fund a Meta Platforms data center campus in El Paso, Texas. The offering is a single tranche maturing in 2048, with initial price talk about 287.5 basis points over Treasuries. Proceeds will support a project designed to deliver up to 1 gigawat…
ServiceNow's stock has tumbled roughly 53.9% over the past year, slipping from a 52-week high of $210.20 to $96.70. Despite the selloff, revenue growth remains above 20% and analysts point to a large potential recovery, with average price targets implying about 43% upside and consensus ratings clustered at Strong Buy. The market is focused on wheth…
Khalid Malik’s Meridiem Capital Partners has rebuilt its assets to approximately $1.6 billion following the loss of $1.5 billion in funding from Millennium Management more than two years ago. The firm, now supported by Schonfeld Strategic Advisors as its largest backer, is on pace to reach $2 billion by year-end after Schonfeld increased its invest…
All four railroads that reported second-quarter results beat both earnings-per-share and revenue expectations, led by Norfolk Southern's 8.98% EPS surprise. Beyond the quarterly beats, the dominant development is Union Pacific's pursuit of a merger with Norfolk Southern and Canadian National's agreement to ease regulatory hurdles by accepting compe…
Cadillac Mines Corp. and several selling shareholders raised C$385 million in an upsized initial public offering, with the company and selling holders dividing the proceeds after pricing common shares at C$6.90 and flow-through shares at C$9.52. Agnico Eagle Mines agreed to a concurrent private placement for roughly C$60 million, and the common sha…
Amazon has signaled roughly $200 billion in capital expenditures for 2026, placing it essentially level with Alphabet’s newly raised $195B-$205B guidance. With Amazon set to report on July 30, the market will focus on the cadence of spending, AWS growth, and whether free cash flow can recover from its trough as hyperscalers drive a broad supplier w…
Barclays projects that Alphabet’s planned TPU-as-a-service offering could be a material driver of profit and revenue by 2028. The bank expects the initiative to initially support Anthropic, broaden compute availability across AI developers, and enable Google to sell Tensor Processing Units directly, improving capital efficiency and expanding operat…
Microsoft is trading at $381.86 on the 5-hour timeframe and is caught between a fragile support band at $377-$380 and nearby resistance at $383-$385. Technical indicators show negative momentum, with the MACD and moving averages tilting toward sellers, while short-term supports such as the SuperTrend and the lower Bollinger Band offer limited prote…
Alphabet raised its FY26 capital expenditure guidance to $195B–$205B and said it will expand third-party AI compute capacity beginning in Q3, directly routing demand to neocloud providers. CoreWeave and Nebius emerged as the most prominent potential beneficiaries, while smaller speculative names show new contract wins but face balance sheet uncerta…
Tesla's 5-hour chart plunged to $315.10 in a high-volume gap-down, driving the relative strength index (RSI) to an extreme reading near 18.7 and placing price more than two standard deviations below the lower Bollinger Band. Momentum indicators remain firmly bearish, creating a volatile trading environment where both mean-reversion plays and trend-…
