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.
20,609 total articles
Senior SpaceX executives pressed Pentagon officials to pay substantially more for access to Starlink satellite service after the network began supporting U.S. kamikaze drone operations in the Iran war. The company argued the military was using a higher-priced tier of service than it had been charged, a dispute that led to a price increase for conne…
Pony AI popped in pre-open trading after reporting Q1 2026 results that outperformed Street estimates across earnings and revenue. The company cited record robotaxi revenue and upgraded deployment goals, while cost reductions for its Gen-7 platform support a clearer path to profitability. A depressed share price entering the release amplified the m…
Estée Lauder has abandoned negotiations to merge with Spanish fragrance group Puig after disagreements among controlling families and investor pushback. The decision removes a complex and sizable transaction that investors feared would distract management and further leverage a balance sheet with net debt near five times EBITDA. Analysts say the mo…
Nintech Mould Factory Inc. submitted registration documents on Tuesday to pursue an initial public offering of 6.25 million Class A ordinary shares, targeting a price range of $4.00 to $5.00 per share. The company, incorporated in the Cayman Islands, has reserved the ticker NTMJ for the NASDAQ Capital Market and named Kingswood Capital Partners as …
Collab Z Inc. has submitted an initial public offering registration to sell 5 million shares of its common stock at an anticipated price of $4.00 per share, a transaction expected to raise approximately $20 million. The company has applied to list its shares on the Nasdaq Capital Market under the ticker CLBZ and named American Trust Investment Serv…
Volvo Cars said it will allow its electric vehicle drivers to use Tesla Supercharger stations in Europe beginning in the fourth quarter, and plans to transition selected models to the North American Charging System in Japan and South Korea by 2029. The move expands fast-charging access for Volvo drivers through the company’s app and builds on exist…
Air China Cargo has signed an agreement with Airbus for four more A350F freighters, increasing its total order for the type to 10. The move follows a prior order for six A350Fs placed in November 2025 and is presented by the carrier as a strategic fleet optimisation to boost international cargo capacity. Airbus praised the decision and highlighted …
BofA Securities downgraded Vodafone Group Plc from Neutral to Underperform and trimmed its price objective to 98 pence from 115 pence, citing a structural move of earnings and cash flow toward emerging markets that the stock’s current valuation does not reflect. The bank highlights full consolidation of Safaricom, a weaker German business, forex pr…
Barclays reiterated an Overweight rating on Iberdrola in a May 26 research note, boosting its price objective to €22.60 per share and identifying the Spanish utility as a top pick in Europe. The bank points to the company’s regulated grid exposure, renewables portfolio and geographic diversification across Spain, the UK, the US and Brazil as core s…
U.S. stock futures rose to fresh records early on Tuesday as investors reacted to comments suggesting progress in negotiations with Iran and to continued strength in semiconductor shares driven by AI demand. Brent crude ticked higher amid lingering doubts over shipping through the Strait of Hormuz. Earnings revisions and central bank policy expecta…
Elbit Systems reported a 15% year-on-year increase in first-quarter revenue to $2.19 billion, driven by elevated defense sales and a surge in orders. Adjusted earnings per share rose to $3.87 from $2.57, while the company recorded a record order backlog of $30.2 billion. Operational headwinds - including supply chain limits, higher costs, and emplo…
AST SpaceMobile shares rose sharply in pre-market trading, driven by a coordinated industry move toward satellite-based direct-to-device connectivity and a string of company-specific developments. The entry of major carriers into a joint venture, an FCC nod for commercial services, a bullish analyst note, and upcoming satellite launches have all su…
Bank of America identified Texas Instruments, Analog Devices and ON Semiconductor as its preferred names in the AI-focused power semiconductor space, arguing that Street models may not fully capture sustained content gains as industrial and automotive demand shifts from being a headwind to a cyclical tailwind. The bank raised price targets for TXN …
Melrose Industries shares dropped sharply after an overheating storage tank at its GKN Aerospace plant in Garden Grove, California led to the evacuation of more than 50,000 residents, a state emergency declaration and a class-action lawsuit seeking damages that could reach into the hundreds of millions or billions.
British oil companies slipped in early London trade as crude prices partially recovered following U.S. military strikes in southern Iran. Investors remain split between hopes that diplomatic talks could yield progress and the risk that the fragile ceasefire may break down, keeping pressure on markets that depend on flows through the Strait of Hormu…
Ypsomed Holding AG shares fell after Jefferies opened coverage with an Underperform rating and a CHF280 price target, highlighting risks to medium-term growth tied to exposure to Novo Nordisk’s Cagrisema, lower capital expenditure guidance and potential margin pressure. The broker’s forecasts and valuation point to downside versus current market le…
Elbit Systems shares climbed sharply following a first-quarter 2026 report that exceeded analyst expectations on both revenue and profit and the disclosure of a roughly $1.4 billion European military modernization contract. The company posted $2.19 billion in Q1 revenue, Non-GAAP net income of $186.4 million and Non-GAAP EPS of $3.87, while its ord…
Shares of companies in the rocket and satellite segment climbed in premarket trading, with several firms posting double-digit advances. The move in equities follows SpaceX’s public filing for an IPO, a development the market has responded to by lifting prices across the sector. Specific gains were led by Redwire, MDA Space and Firefly Aerospace, am…
Elbit Systems saw its stock climb 8% following the award of a $1.4 billion European contract for military modernization and the release of robust first-quarter 2026 results. The company reported double-digit revenue growth, improved gross margins on both GAAP and non-GAAP bases, and a backlog that topped $30 billion for the first time. Management h…
Vnet Group reported first-quarter net revenue of 2.69 billion yuan, up 20% year-over-year and roughly in line with the average analyst projection of 2.66 billion yuan. Adjusted EBITDA rose 31% to 891.5 million yuan, narrowly topping the analyst estimate of 881 million yuan. The company confirmed its full-year 2026 revenue and adjusted EBITDA guidan…
Miniso Group Holding Ltd reported first-quarter revenue of 5.69 billion yuan, above the average analyst forecast of 5.56 billion yuan. The company's core Miniso brand outperformed expectations, while TOP TOY sales, adjusted operating profit, adjusted net income and adjusted earnings per American depositary receipt fell short of analyst estimates. S…
Melrose Industries PLC shares fell about 5% after the company disclosed an ongoing incident at its GKN Aerospace Garden Grove facility in California. A thermal issue involving a storage area of methyl methacrylate (MMA) disrupted operations at the plant that employs roughly 500 people, prompted mandatory evacuations in the surrounding area and prom…
SpectrumOne, a Sweden-based data platform provider, reported lower operating losses for the first quarter despite a drop in net sales. The company posted SEK 200,000 in sales, an EBIT loss of SEK 2.50 million, an EBITDA loss of SEK 1.20 million and a pretax loss of SEK 46.20 million. During the period the firm launched Prism Graph, received pilot f…
Indonesia's benchmark IDX Composite fell 0.85% at the close in Jakarta as losses in the Financials, Agriculture and Basic Industry sectors led declines across the bourse. Market breadth favored decliners, with 473 stocks falling against 239 advancing and 149 unchanged. Notable individual moves included strong gains in several small-cap names and st…
Kingfisher Plc reported first-quarter 2026-27 group sales of £3.30 billion, marginally above analyst expectations, with Screwfix delivering a notable beat. The retailer reiterated full-year adjusted profit before tax guidance of approximately £565 million to £625 million and free cash flow guidance of approximately £450 million to £510 million. Whi…
