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
BlackRock reported second-quarter adjusted earnings above Wall Street expectations as a stock-market rally and robust ETF inflows drove assets to a record $15.34 trillion. The New York-based asset manager gathered $192 billion of client cash during the quarter, boosted its 2026 share-repurchase plan and continued to expand its presence in private m…
SpaceX’s stock has retreated from the heady highs following its June 12 public debut, trading below its $150 opening price and approaching the $135 offer price. The softness - including a recent close at $136.08 - has prompted market observers to warn that a drop beneath the IPO price could shift the narrative around the company’s valuation and inf…
U.S. index futures moved modestly higher as investors prepared for a heavy slate of corporate earnings and awaited the Producer Price Index. Strong early results from major banks and a rally in client assets pushed BlackRock shares higher in premarket trading, while Morgan Stanley also gained. PayPal surged after reports of a $60.50-per-share takeo…
Lucid stock opened lower in pre-market trade after a report that the electric-vehicle maker was considering Chapter 11 or a going-private deal triggered sharp losses and trading halts the prior session. The company filed an 8-K and told Bloomberg that AlixPartners has been retained for operational improvements and that bankruptcy has not been recom…
Kathryn Ruemmler, a senior counsel at Goldman Sachs who recently stepped down from roles as chief legal officer and general counsel, is scheduled to appear before the House Committee on Oversight and Government Reform to answer questions about her ties to the late convicted sex offender Jeffrey Epstein. Justice Department documents released this ye…
Chinese regulators have approved Apple’s generative AI services for launch in China, pairing the iPhone maker with Alibaba’s Qwen model. The decision propelled Alibaba shares higher in U.S. premarket trade and positions Qwen on Apple’s device platforms, while timing for consumer rollout remains unspecified.
DeepSeek, the Hangzhou-based artificial intelligence startup known for low-cost large models, is preparing a fresh funding round valuing the company at roughly 500 billion yuan ($74 billion) ahead of potential listing plans on Shanghai's STAR Market. The company recently closed a large June financing and is weighing raising up to 50 billion yuan; i…
Wolfe Research revised its airline sector outlook, increasing second-quarter earnings estimates for Southwest Airlines and United Airlines above consensus while trimming forecasts for other carriers after Delta's recent report. Strong demand and pricing in Q2 persisted alongside lower jet fuel costs, but a subsequent jump in fuel tied to renewed te…
Jefferies predicts tokenisation in European market infrastructure is transitioning out of the trial phase and into early strategic adoption. The firm highlights intraday collateral mobility as the leading wholesale use case, cautions that cash rails remain a critical bottleneck, and expects only limited near-term disruption to incumbent central sec…
Replacement tire shipments for light vehicles in the United States rose 3.8% year-over-year in June 2026, according to U.S. Tire Manufacturers Association data released July 13. The gain follows a 2.9% year-over-year decline in May. While replacement commercial truck tire sales fell 7.3% in June, original equipment commercial truck tire shipments i…
A Bernstein analysis of global AI adoption through March 2026 finds that emerging markets are capturing substantial value from artificial intelligence. While nearly 18% of the global working-age population was using AI by March 2026, the study warns that per-capita measures can mislead because of demographic and sectoral differences. When measured …
JPMorgan is accelerating its corporate banking push across Europe, the Middle East and Africa (EMEA), planning to hire 30 senior bankers by year-end and expand staff materially over the next five years. The bank aims to support up to $1.5 trillion in financing for industries it deems critical to national security, committing up to $10 billion of it…
Sweden's EQT AB has submitted an improved, non-binding takeover proposal for Australian financial services company Perpetual, valuing the business at A$2.50 billion (US$1.75 billion). The revised offer would acquire all shares at A$22.07 each, representing roughly a 22% premium to Perpetual's closing price on July 1. Perpetual's board is examining …
ASML told investors that its capacity expansion targets for 2027 and 2028 reflect orders tied to Elon Musk’s planned Terafab facility in Texas. Chief Financial Officer Roger Dassen said the company is in active discussions with customers and that Terafab is included in the planning. Dassen also reported only a small number of high-numerical apertur…
A Bernstein mid-year survey of chief information officers finds IT budget growth for 2026 is expected to stay strong and in line with 2025 levels, nearing the intensity recorded during the COVID-19 surge in 2021. The poll highlights a pronounced regional divergence: U.S. CIOs lifted their full-year 2026 spending view while European counterparts tri…
Macquarie has reduced its fiscal year 2027 earnings estimates for a swath of Indian oil and gas companies, citing broad macroeconomic pressures. The broker left fiscal 2028 forecasts largely untouched and maintained a constructive medium-term outlook predicated on falling crude and natural gas prices from the second half of 2026 into 2027. Near-ter…
Seco's stock climbed sharply after preliminary first-half 2026 results exceeded company guidance and management outlined a strong revenue target for the third quarter. The firm reported H1 net sales of €98.8 million and a second-quarter revenue increase to €50 million, while gross margin expanded and recurring software revenue from its Clea platfor…
Mall operators in China posted flat to low single-digit same-store sales growth, excluding auto sales, in June after stronger readings in May, according to Morgan Stanley. The investment bank pointed to a high year-ago comparison, adverse weather, and promotional seasonality as principal drivers of the slowdown. Adjusted offline retail sales exclud…
Wolfe Research reports that business and information services equities have outperformed broader indices month-to-date, attributing part of the move to capital shifting away from AI-linked semiconductor names. The firm singled out MSCI and S&P Global as its leading picks for the upcoming second-quarter 2026 earnings season and noted early AI-driven…
Allstate Corp. shares declined in pre-market trading after UBS lowered its rating to Neutral and HSBC moved to Hold, both citing pressure on underwriting margins and earnings. The downgrades were reinforced by deteriorating underwriting metrics at peer Progressive, and the insurer also announced a planned CFO transition. Market-wide conditions were…
Element Solutions (ESI) fell 1.0% in after-hours trading to $40.23 following a string of analyst downgrades linked to the company’s pending approximately $14.5 billion cash-and-stock acquisition by Solstice Advanced Materials (SOLS). Mizuho lowered its rating to Neutral from Outperform and trimmed its price target to $45 from $54, while UBS and Fre…
Intel stock jumped in pre-market trading after reports that yields on its 18A process rose to about 85% from roughly 65% the prior quarter, together with news that Nova Lake chip production is being moved in-house. KeyBanc raised its price target on Intel to $155 from $110 and maintained an Overweight rating, citing the yield progress and design wi…
Pentair Plc shares plunged in pre-market trading after the company disclosed a sharply worse-than-expected preliminary Q2 2026 update and significantly lowered its full-year outlook. Management attributed the hit to an abrupt inventory destocking in its Pool distribution channel, and the company also announced the unexpected departure of its recent…
PayPal shares surged in pre-market trading after reports that Stripe and Advent International submitted a joint $60.50-per-share offer that values the payments company at more than $53 billion. The proposal, backed by about $50 billion in committed bank financing and structured for joint ownership rather than asset carve-up, triggered a strong mark…
Evolution said it has reached a £4.75 million settlement with the UK Gambling Commission, closing a license review that began in December 2024 after the regulator found the supplier's games had been accessed by unlicensed operators. The company also cut ties with two operators implicated in the access. Evolution's stock rose 2% following the announ…
