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.
20,608 total articles
On May 28, Caesars Entertainment disclosed that Fertitta Entertainment, controlled by hospitality billionaire Tilman Fertitta, has agreed to acquire the company for $17.6 billion. The transaction values Caesars at $31 per share and includes approximately $11.9 billion in assumed debt. The proposal represents roughly a 50% premium to the company’s c…
Shares of multiple U.S. drone manufacturers climbed sharply after reports that the Pentagon is in talks with private drone companies about potential funding arrangements, including possible combinations of debt and equity. Market moves were led by Unusual Machines and followed by gains at Red Cat, AeroVironment, Kratos Defense & Security, Ondas and…
Berenberg has launched coverage of Aviva Plc with a buy rating and a price target of 800 pence, driven by a sum-of-the-parts valuation that values the company at £24 billion versus a market capitalisation of £18.82 billion at the London close on May 27. The bank projects steady increases in operating profit, net income, dividends and solvency metri…
Best Buy projected second-quarter revenue above Wall Street expectations after a first-quarter beat, citing continued demand for laptops and smartphones and expansion of its advertising and marketplace businesses. CEO Corie Barry will step down at the end of October and be succeeded by company veteran Jason Bonfig, who has outlined a strategy empha…
EQT has entered into a partnership with Google Cloud to help more than 300 companies in its portfolio accelerate AI deployment. The agreement provides access to the Gemini Enterprise Agent platform, cybersecurity services, early access to select future Google Cloud AI products, and collaboration with Google engineers and the cloud provider’s partne…
Shares of an aerospace and defense electronics manufacturer surged more than 10% in premarket trading after the company reported a standout quarter, sending its month-to-date gain to roughly 27.7%. The quarter featured a 25% year-over-year revenue increase to $1.38 billion and a 49% jump in net income to $233.8 million, driven by strong demand acro…
CVS Health said it will reinstate Eli Lilly’s injectable obesity medicine Zepbound on some commercial drug lists as an additional preferred option, and will remove a new-to-market coverage block on Lilly’s oral GLP-1 pill Foundayo where plans already approve coverage. Zepbound had been removed from CVS Caremark coverage on July 1 last year while co…
Dollar Tree raised its fiscal 2026 adjusted earnings-per-share outlook and reported first-quarter results that beat estimates, driven by sustained demand for lower-priced essentials, a shift to multi-price merchandising, and easing freight costs. The company reiterated its net sales guidance and said its upgraded EPS range excludes roughly $110 mil…
The U.S. National Highway Traffic Safety Administration has opened a preliminary investigation into 114,922 Rivian R1S and R1T electric vehicles after owner reports said a left rear toe link separated while driving, causing vehicles to swerve across lanes. One reported incident resulted in a collision with another vehicle and a roadside barrier. Th…
Barclays elevated Sweden's Boliden AB to 'overweight' from 'equal weight' and increased its price target to SEK650 from SEK540, pointing to a clearer earnings recovery driven by two large capacity expansions and an attractively low implied copper valuation. The bank's analysis details expected EBITDA contributions from the Odda smelter and Ronnskar…
Global Capability Centres (GCCs) in India are extending artificial intelligence beyond chatbots, integrating it into marketing, clinical workflows, regulatory drafting and enterprise operations. Companies from retail and consumer goods to pharmaceuticals and software are piloting and deploying AI tools to accelerate work once done manually, reclaim…
Hormel Foods reported second-quarter results that exceeded analyst expectations, driven by robust demand for its chicken, turkey and other protein offerings. Revenue and adjusted earnings per share topped estimates, the company reiterated its annual guidance, and shares rose sharply in premarket trading as consumers continued to favor pantry staple…
JD.com has told regulators that its planned purchase of German retailer Ceconomy is not supported by Chinese or any other non-EU government subsidies, stating the transaction will be financed through external private bank debt and available cash from regular business operations after the European Union launched a formal investigation under its subs…
Heineken shares dropped over 2% after Deutsche Bank downgraded the brewer from Buy to Hold and trimmed its price target to €76 from €93, pointing to elevated uncertainty around an upcoming CEO transition, weak beer demand in Europe and the United States, geopolitical pressures tied to the Middle East, and uneven growth in Mexico and Brazil.
IBM announced a $5 billion commitment to Project Lightwell, an initiative that will deploy engineers and AI tools to help companies secure open-source software. The program aims to establish a clearinghouse for reporting and fixing vulnerabilities across the software supply chain, and will be offered as a commercial subscription within the next 30 …
Wolfe Research projects that new classes of datacenter CPUs - orchestration and agentic - will lift the total addressable market for CPUs by roughly 30% through calendar year 2028. The firm highlights constrained TSMC capacity as a decisive factor in market share outcomes, models orchestration unit demand from GPU and XPU shipments, and lays out co…
U.S. military officials have received multiple reports that adversaries are using commercially available location data to identify and monitor U.S. personnel deployed in conflict zones, according to correspondence cited by lawmakers. The disclosures prompted calls from legislators for faster defensive measures, including disabling advertising ident…
ProPicks AI strategies captured a broad rally across international markets in May, with several selections posting explosive returns as investor flows moved from U.S. tech into industrials, hardware manufacturers, communications infrastructure and AI-linked businesses. South Korean infrastructure and electronics names led the surge, while Taiwanese…
European Union competition authorities have moved to a full-scale investigation into JD.com’s proposed $2.5 billion acquisition of German electronics group Ceconomy, citing preliminary indications that foreign subsidies - including preferential financing, tax incentives and grants possibly attributable to the People’s Republic of China - may have b…
Oracle shares climbed in pre-market trading following JPMorgan's initiation of coverage at Overweight with a $210 price target. The move comes amid sizable AI-related contract wins, accelerating infrastructure revenue, and a consensus analyst landscape that is predominantly bullish, all of which have reshaped investor expectations about Oracle's ro…
Ukrainian President Volodymyr Zelenskiy is in Sweden for meetings with Prime Minister Ulf Kristersson, with officials expected to announce developments related to Saab Gripen fighter jets. A prior letter of intent envisaged the potential sale of up to 150 Gripen E aircraft, but delivery schedules remain several years out and talks have included tra…
Nebius shares rose sharply in pre-market trading after Situational Awareness LP, the AI-focused hedge fund established by former OpenAI researcher Leopold Aschenbrenner, revealed a 12.41 million Class A share stake equal to 5.6% of the company. The announcement arrived alongside strong Q1 2026 results and expanded power capacity guidance, while ana…
Delivery Hero shares slid more than 3% after Uber Technologies paid just under €40 a share to acquire activist investor Aspex Management’s stake. The purchase increased Uber’s stake to 36.83% and lifted voting rights to 24.99%, while leaving a portion of the holding in instruments and remaining below the 30% level that would trigger a mandatory bid…
Snowflake's stock spiked 36% in premarket trading after the company raised its annual product revenue forecast and disclosed a five-year, $6 billion AI infrastructure agreement with Amazon Web Services. The move lifted investor sentiment across related data software names, prompted widespread analyst target increases, and highlighted questions abou…
U.S. stock index futures edged lower on Thursday after an escalation in hostilities between the U.S. and Iran dampened hopes of a near-term de-escalation and pushed oil prices higher. Investors are also focused on the day’s personal consumption expenditures inflation report, the Federal Reserve’s preferred measure, for guidance on the monetary poli…
