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.
29,905 total articles
Insider filings disclosed on Tuesday show concentrated purchasing at Netskope Inc led by a director and a 10% owner, while a string of senior executives and directors at major technology and semiconductor firms disclosed sizable sales. The filings include open-market buys, purchases by entities tied to large shareholders, and sales executed under R…
Veradermics, Incorporated (NYSE:MANE) saw its stock climb 9% on Wednesday after releasing positive Phase 2 data for VDPHL01, an extended-release oral minoxidil formulation being evaluated for female pattern hair loss. Study 207 reported high rates of participant improvement at Month 6 and meaningful increases in non-vellus target area hair count fo…
LightPath Technologies said it received an $11 million follow-on purchase order for infrared cameras from a major global technology customer for counter-unmanned aircraft systems applications. The news, disclosed in a Tuesday press release, prompted a roughly 9% rise in the company's shares and signals ongoing demand in public safety and defense ma…
Merck & Co. shares gained following Kelun-Biotech's announcement that a late-stage study of the experimental antibody-drug conjugate sac-TMT, when given with Merck's immunotherapy Keytruda, met its primary endpoint in first-line advanced lung cancer patients without PD-L1 expression. The combination improved progression-free outcomes versus Keytrud…
Nebius Group (NASDAQ:NBIS) introduced an asset-light partnership model to accelerate global deployment of its full-stack AI cloud platform, prompting a 2.75% rise in its shares Wednesday morning. The plan has infrastructure partners finance, own and operate data centers while Nebius supplies systems architecture, software and customers. The company…
TD Cowen downgraded Evotec SE to hold and cut its price targets after the company reported preliminary second-quarter revenue below expectations and reduced full-year 2026 guidance. The revenue shortfall was driven by declines in Discovery & Preclinical and Just–Evotec Biologics businesses, while management signaled that revenue pushed from H2 2026…
Saudi Arabia's equity market closed lower Wednesday, with the Tadawul All Share slipping 0.10% to a new three-month low. Losses were concentrated in Media & Publishing, Insurance and Cement sectors even as select mid-cap and industrial stocks posted gains. Oil and Brent futures rose modestly, while the US Dollar Index futures edged down.
A cyclospora outbreak that has sickened nearly 7,000 people across 34 states since May 1 has prompted investigations into whether lettuce served at Taco Bell locations played a role, and renewed scrutiny of federal decisions to scale back pathogen surveillance. The Centers for Disease Control and Prevention has confirmed 1,645 lab-verified cases as…
As Q2 earnings roll in and geopolitical tensions persist in the Middle East, institutional flows have shifted away from extended mega-cap positions into semiconductor infrastructure, healthcare, and energy. InvestingPro is marking the moment with a limited-time Summer Sale that cuts subscription pricing by up to 60% and makes its ProPicks AI July s…
KB Securities told investors that the recent plunge in a major memory stock represents a buying opportunity over the long term, contending the drop stems from weakening sentiment rather than a change in industry fundamentals. The firm highlights an upcoming, severe DRAM shortage driven by heavy investment in high-bandwidth memory (HBM) and expects …
Electra has inked a production agreement with Safran Helicopter Engines to supply TG600 turbogenerators, beginning with an initial 250-unit order. The arrangement is designed to scale output in line with demand for Electra’s nine-passenger EL9 Ultra Short aircraft as the startup advances development and certification work toward an expected first f…
Kepler Cheuvreux cut its recommendation on Sandvik to hold from buy after the mining and machining group’s stock climbed nearly 70% over the past year, narrowing its discount to Nordic quality peers. The broker raised its price target to 400 Swedish crowns and updated sales and earnings forecasts while flagging caution about whether recent machinin…
Conagra Brands shares tumbled in pre-market trading after the packaged foods company issued fiscal 2027 guidance that fell short of analyst expectations and revealed a 50% cut to its quarterly dividend. Management cited elevated commodity costs, including rising beef prices and tariff-related steel pressures, as headwinds to near-term results. The …
Bank of America clients increased allocations to U.S. equities for a second consecutive week, driven by heavy institutional buying. Single-stock purchases reached $5.1 billion - the third-largest weekly total since 2008 - while equity ETFs attracted $1.8 billion. Financials posted the largest sector-level single-stock inflows in more than a decade …
U.S. stock index futures opened higher after softer inflation readings and a broadly encouraging start to earnings season lifted investor appetite. A reported joint takeover offer for PayPal triggered a large jump in its shares, semiconductor testing equipment maker Aehr Test Systems posted quarter-beating results that sent its stock sharply higher…
Lionsgate Studios shares jumped in pre-market trading after reports said the media company has engaged an investment bank to review takeover approaches from at least two interested parties. France's Bollore Group and Banijay Group were named as potential acquirers. An internal ownership restructuring by longtime director Mark Rachesky, who moved ab…
Direxion has launched the Direxion Daily SK Hynix Bull 2X ETF (SKHL), a leveraged exchange-traded fund that seeks 200% of the daily performance of SK hynix's U.S.-listed American depositary receipt. The move comes after SK hynix's Nasdaq debut, when its ADRs jumped 14% following a $26.5 billion U.S. share sale, and amid a broader flurry of single-s…
BlackRock shares climbed sharply in pre-market trading after the asset manager reported second-quarter results that exceeded analyst forecasts across key metrics. Adjusted EPS and revenue both outpaced Street estimates, while assets under management surpassed $15 trillion, supported by substantial net client inflows and strong interest in the firm'…
Oppenheimer downgraded IBM to Perform and removed its $350 price target after IBM pre-announced weaker-than-expected second-quarter 2026 results. The firm said revenue missed across every segment, with total revenue up 1% year-over-year to $17.2 billion. Software growth lagged estimates, infrastructure revenue declined, and consulting was flat, pro…
Warren Buffett told CNBC he personally initiated Berkshire Hathaway's recent investment in Alphabet and remains comfortable operating with new CEO Greg Abel. Buffett highlighted the heavy capital demands of AI competition as a key challenge for Alphabet and peers, and reiterated that Apple remains one of Berkshire's favorite equity holdings.
Aehr Test Systems stock jumped sharply in pre-market trading after the company posted fiscal fourth-quarter results that beat estimates across the board, reported record bookings and backlog, and outlined a fiscal 2027 revenue target that materially exceeds street expectations. Management highlighted a rapid shift in end-market mix away from electr…
Ernexa Therapeutics stock climbed 30% after an independent contract research organization reproduced earlier preclinical findings showing complete tumor clearance and long-term survival in ovarian cancer models when ERNA-101 was given with anti-PD-1 therapy. The validation supports the company's timeline toward an Investigational New Drug submissio…
Canadian stock index futures moved marginally lower ahead of a pivotal Bank of Canada announcement, as traders weigh a rebound in commodities and mining equities against rising energy-driven inflation risks stemming from renewed geopolitical pressure in the Middle East. Market participants are focused on the BoC's updated growth and inflation outlo…
Warren Buffett said he informed Bill Gates that he would stop directing Berkshire Hathaway stock gifts to the Gates Foundation, a decision he described as unsurprising after reviewing materials related to Gates' interactions with Jeffrey Epstein. Instead, Buffett will allocate nearly $6 billion in Berkshire shares to four family foundations adminis…
Stripe and Advent International have reportedly proposed a $53 billion takeover of PayPal at $60.50 per share, a 28% premium to the most recent close. Michael Burry, who holds PayPal as a top deep-value position, publicly rejected the offer as too low, citing his intrinsic value metrics and arguing a realistic winning bid would be closer to $100 pe…
