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
Germany’s largest industrial union, IG Metall, has warned of maximal opposition if Volkswagen’s supervisory board seeks to undo a restructuring agreement struck less than two years ago. The dispute between management and unions — which has intensified since July — centers on rival proposals that could lead to plant shutdowns, carve-outs and up to 5…
DA Davidson reports that Nvidia has acquired Hugging Face, an open-source AI model repository and tooling platform. The move is being characterized as a defensive effort to safeguard the open-source AI ecosystem in the United States and to prevent large AI labs or Google from consolidating control over the platform.
Adobe said it will extend its collaboration with Saudi Arabia’s Ministry of Communications and Information Technology and government-backed AI firm Humain to offer one year of no-cost access to key AI tools for more than 27 million eligible Saudi citizens and residents. The program includes a Saudi-focused image generation model developed jointly w…
Science Applications International Corp. (SAIC) rallied sharply in pre-market trading after reporting second-quarter fiscal 2027 results that outperformed analyst expectations on both earnings and revenue. The Reston, Virginia-based government technology integrator not only posted an adjusted diluted EPS and revenue beat, but also raised its FY2027…
Meta Platforms shares are trading higher in pre-market action after a Bank of America reiteration and fresh Bernstein forecasts highlighted the company’s potential AI-driven monetization. Reports that Meta plans to deploy a consumer AI agent, codenamed "Hatch," within Instagram and WhatsApp as soon as the first week of September, along with plans f…
U.S. equity futures opened lower on Monday after new U.S. military strikes on Iranian targets in the Persian Gulf lifted crude prices and after a Fed-related shift toward tighter rate expectations following Federal Reserve Chair Kevin Warsh's Jackson Hole address. Against that backdrop, a handful of companies registered notable premarket swings: Te…
GameStop said it now expects preliminary second-quarter net sales of $780 million to $800 million, down from $972.2 million a year earlier, as planned store closures and the sale of its France operations reduce revenue. The company projects higher quarterly net income driven largely by about $238 million of net gains tied to its eBay derivative ass…
BioMarin Pharmaceutical shares climbed after the company and Ascendis Pharma reached a global settlement ending patent disputes tied to Ascendis’s Yuviwel drug. The accord sets royalty rates for multiple regions, grants licenses covering current and future indications, and settles litigation across several countries as well as a pending Section 337…
Shares of Edison International fell sharply in pre-market trade following a Mizuho downgrade and a deepening concern that California did not secure meaningful wildfire liability reform before the legislative deadline. The legislature passed SB 492 on the final day, but the measure stopped short of providing a replenishment mechanism for the state w…
PG&E Corp. stock plunged in pre-market trading after California lawmakers approved SB 492 on August 29, a bill that did not enact the sweeping wildfire liability changes utilities sought. Governor Gavin Newsom's proposal to end insurer subrogation was formally rejected, leaving insurers able to pursue utilities for wildfire losses and exposing PG&E…
Aon has agreed to buy USI Insurance Services from private equity firm KKR for $17 billion, a move the broker says will establish a leading U.S. middle-market platform and expand its presence in excess and surplus insurance. The transaction, advised by major banks on both sides, is expected to close in the fourth quarter of 2026 and to contribute to…
President Donald Trump has accused U.S. refiners of gouging motorists, called for a Justice Department review and is convening a White House meeting with a range of refining companies to discuss boosting refining capacity and easing gasoline costs that have risen amid the Iran conflict. Invitations were issued late, prompting mixed reactions from e…
Tenax Therapeutics rose in pre-open trading after additional Phase 3 LEVEL trial results for TNX-103 (oral levosimendan) were presented at the European Society of Cardiology Congress 2026. The late-breaking data, presented August 29 in Munich by Professor Sanjiv Shah, showed a favorable effect in patients with lower baseline exercise capacity and a…
ChangXin Memory Technologies (CXMT) has filed a lawsuit in U.S. federal court asking a judge to reverse its inclusion on a Pentagon list of firms the U.S. government says support the Chinese military. CXMT contends the designation is unsupported by facts, has produced commercial and reputational injury since its January 2025 listing, and violated i…
Liberty Media’s public structure now comprises three active tracking-stock groups - Formula One, Liberty Live and Atlanta Braves - each issued in A (voting) and C (non-voting) share classes. Two former SiriusXM trackers were retired in 2024 when Liberty merged the assets into Sirius XM Holdings. This analysis walks through the underlying economics,…
A large majority of Qantas Ground Services employees who voted supported industrial action, the Transport Workers Union said, setting the stage for potential short work stoppages over pay and working conditions. Qantas said it remains in talks and has contingency plans to limit operational disruption.
Futures tracking the S&P/TSX Composite ticked up 0.2% as markets prepared for Wednesday’s Bank of Canada interest rate announcement, while a jump in crude following Middle East military activity gave energy names relief after last week’s pullback. Investors are balancing trade frictions with the United States, central bank policy expectations and s…
Honda and Nissan announced a joint program to develop standardized electronic control units (ECUs) and shared software components for software-defined vehicles. The pair plan to roll out a vehicle architecture incorporating the jointly developed ECUs and software in next-generation models from the 2029 financial year. Mitsubishi Motors said it was …
U.S.-listed energy stocks moved higher in premarket trading Monday as Brent and West Texas Intermediate both rose around 3.5% following U.S. strikes on an Iranian island in the Strait of Hormuz and reports of Iranian counterattacks. The moves in crude boosted a range of producers, service companies and refiners ahead of the cash open.
Bakkafrost shares tumbled after the company reported Q2 2026 results that missed expectations on both revenue and operational EBIT. Weak performance in the Scotland farming business, together with substantial negative fair value adjustments, left the company with a net loss despite a record quarterly harvest in the Faroe Islands.
Shandong Gold Mining rallied after reporting stronger first-half 2026 profitability even as revenue eased and gold prices weakened. Investors focused on margin expansion and an active project pipeline, sending the Hong Kong-listed shares higher during the session despite broad declines across Asian peers tied to a drop in bullion after hawkish rema…
OHB shares climbed sharply after the German aerospace firm secured a contract worth close to €1 billion from SES Global to build and deliver 18 satellite platforms for the EU IRIS² sovereign communications program. The award, the first major contract under IRIS² following the program's implementation phase launch on August 6, 2026, bolsters an alre…
European equities opened lower on Monday as renewed U.S.-Iran military strikes pushed oil prices and bond yields up. The STOXX 600 stayed close to a monthly advance, while Germany's DAX eased ahead of key inflation data and Bakkafrost shares fell following second-quarter results. Market attention will turn to euro zone inflation and U.S. payrolls l…
European stock indices edged lower on Monday as renewed military exchanges in the Middle East lifted crude above $90 a barrel and money markets aggressively re-priced the path of U.S. interest rates. Gains among oil majors were insufficient to offset broader selling across continental bourses, while investors prepared for a heavy slate of U.S. labo…
William Blair has named Ethos Technologies its preferred pick within the insurance sector, citing the company's leadership in direct-to-consumer life insurance distribution, robust advertising investment, and a clear path to expand product offerings into annuities. Despite a recent run-up in the stock, the firm argues shares remain attractive on a …
