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.
29,439 total articles
President Donald Trump said Monday that his administration reached drug-pricing agreements with nine pharmaceutical companies that will make medicines available to state Medicaid programs at most-favored-nation prices. The move is presented as an extension of prior deals with major drugmakers and is framed as a means to reduce the higher prescripti…
Macquarie upgraded BYD Electronic from "Underperform" to "Outperform" and increased its 12-month target to HK$29.22, pointing to an earnings recovery from the second half of 2026 driven by ramping server shipments and liquid-cooling production. The broker trimmed near-term profit forecasts but projects strong AI infrastructure revenue growth into 2…
JPMorgan Chase has appointed Ward Jones as head of Mid-Cap Basic Materials Investment Banking, according to an internal memo. Based in New York, Jones will focus on building products, building products distribution, and paper and packaging companies and will report to Joe DeBarbrie and Dave Khalsa. Jones joins JPMorgan from Deutsche Bank, where he …
Wella Company, the KKR-backed owner of OPI nail polish and Wella hair products, filed for a U.S. initial public offering on Monday. The company, present in more than 100 countries and employing over 6,000 people, plans to list on the New York Stock Exchange under the symbol 'WELA' with Goldman Sachs, BofA Securities, KKR and J.P. Morgan among the u…
Latin American currencies and equities delivered uneven returns on Monday as a softer U.S. dollar lent some support to regional assets while an escalation in Middle East tensions pushed oil prices higher and lifted global bond yields. Market participants are also awaiting U.S. jobs data ahead of the Federal Reserve's September policy decision.
U.S. stocks finished lower on Monday, led by declines in Consumer Services, Utilities and Industrials. The Dow Jones Industrial Average fell 0.70% at the close, while the S&P 500 and Nasdaq Composite slipped 0.33% and 0.12%, respectively. Energy, cloud security and select large-cap winners offset broad weakness among several heavyweight names.
Canada's main equity gauge ended the session in negative territory, weighed down by losses in Materials, Real Estate and Information Technology. The S&P/TSX Composite fell 0.78% as more issues declined than advanced. Oil prices climbed, gold futures softened and measures of market volatility ticked up.
A $1 billion financing round led by 1789 Capital has taken Polymarket's post-money valuation to $21 billion. The raise follows a $15 billion valuation set in April and comes amid mounting competition from Kalshi, which secured funding at a $22 billion valuation in May. Polymarket says the new capital will help strengthen liquidity and operations as…
Options activity in Cheniere Energy (LNG) spiked to 6,151 contracts as traders bought calls at an almost 8-to-1 ratio versus puts while the stock climbed to $291.39. The pattern - concentrated near-the-money September call spreads and a handful of large single strikes with minimal prior open interest - points to aggressive, short-dated bullish posi…
Kalshi has permanently barred former U.S. Representative George Santos and imposed a penalty in excess of $71,000 after concluding he bet on his own presence at President Donald Trump’s State of the Union address and posted social media statements that advantaged those wagers. The action follows a recent CFTC fine related to the same conduct.
While the broader software sector has been a focal point of the market rally, a subset of software names with solid revenue growth and reasonable valuations remains materially underpriced versus analyst targets. Stocks including AppLovin, Bilibili, Grab, Oracle and others show analyst upside in the 30-73% range despite double-digit top-line gains f…
Jefferies has named CVS Health a leading large-cap pick in healthcare services, citing management guidance that sets a fiscal 2027 earnings-per-share floor of $8.44, robust Aetna operating income, pharmacy segment strength, and improving leverage that could enable buyback activity by late 2026 or early 2027.
Canadian Natural Resources (CNQ) climbed 1.1% to $68.91 as the energy sector dominated the Toronto Stock Exchange following a U.S. announcement of 50% tariffs on C$20 billion of Canadian goods and a new Buy rating from CIBC. Heavy trading sent CNQ to the top of the TSX by volume, while prior analyst target increases and record Q2 2026 production an…
Avis Budget Group rallied sharply during Monday trading, reversing a pre-market dip to finish up 5.33% at $145.48. The move cleared daily R3 at $144.21 and put the stock up against weekly resistance at $146.40. The intraday reversal follows a steep post-earnings pullback and shows classic signs of short covering and a technical oversold bounce.
Stocks moved unevenly on Monday with a mix of rallies and declines across market-cap segments. Tesla and Circle Internet Group were among the stronger performers, while Aon and Howmet Aerospace were notable decliners. The session featured broad volatility with winners and losers spanning mega-cap, large-cap, mid-cap and small-cap lists.
Axe Compute has secured $317 million in customer prepayments that its chief executive says account for about 30% to 35% of the capital required to construct the roughly $3 billion of contracted capacity. Management intends to rely on project-level financing against those contracted revenue streams for the remainder of funding, treats its digital as…
A slate of manufacturing and labor market releases is scheduled for Tuesday, September 1, 2026, with the Manufacturing PMI, ISM Manufacturing PMI and JOLTs job openings among the most closely watched items. The reports include several related subcomponents and auxiliary data points that together will offer a snapshot of activity in U.S. factories, …
Federal health authorities have broadened their investigation into a cyclosporiasis outbreak traced to iceberg lettuce sourced from central Mexico. The probe, which has been connected to lettuce served at Taco Bell restaurants and linked to Taylor Farms’ operations in Mexico, now covers 20 states. Reported case counts and hospitalizations remain su…
Phil Schiller, a 66-year-old Apple veteran, has stepped back from day-to-day responsibility for the App Store and product launch events while remaining with the company as an Apple Fellow working on unspecified initiatives. The changes come as John Ternus prepares to assume the role of Chief Executive Officer and Tim Cook moves to Executive Chairma…
Portugal's PSI index closed modestly higher on Monday, rising 0.07% as gains in the Telecoms, Basic Materials and Consumer Services sectors offset weakness elsewhere. Galp Energia Nom, Semapa and Nos SGPS were the session's top performers, while Mota Engil, EDP Renovaveis and The Navigator Company ranked among the biggest decliners. Energy benchmar…
The Amsterdam exchange closed with the AEX down 0.59% on Monday as losses in Technology, Industrials and Consumer Goods weighed on the benchmark. Major losers included Adyen, ASML and ASM International, while SBM Offshore, Magnum Ice Cream and IMCD were among the session's top gainers. Commodities showed divergent performance, with Brent and U.S. c…
Germany's benchmark DAX closed down 1.09% on Monday as losses concentrated in Construction, Industrials and Technology weighed on investor sentiment. Mid-cap and tech indices also finished lower, with several individual names posting double-digit moves in percentage terms. Market breadth favoured decliners and volatility eased.
French equity markets ended lower on Monday, driven by declines in the Industrials, Consumer Goods and Technology sectors. The CAC 40 fell 0.79% to close, with the SBF 120 down 0.75%. Select large-cap names including Pernod Ricard, Stellantis and Orange advanced, while Airbus, Schneider Electric and Legrand were among the heaviest decliners. Market…
Belgian equities finished the session lower, with the BEL 20 index closing down 0.59% in Brussels. Losses were concentrated in the Healthcare, Industrials and Technology sectors. Notable individual moves included gains for Azelis Corporate Services NV, D'Ieteren NV and Ageas, while Argen‑X, Ackermans & Van Haaren NV and Warehouses de Pauw were amon…
Morgan Stanley analysts conclude Waters Corporation stands to gain more than peers from China’s newly finalized clinical laboratory service pricing framework, which preserves differentiated treatment for advanced workflows such as mass spectrometry and adds more granular rules for certain microbiology services. Provincial authorities will set local…
