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.
20,613 total articles
Stellantis announced a 60 billion euro ($70 billion) strategic plan that includes launching 60 new vehicle models by 2030 across combustion and fully electric powertrains, a reallocation of brand investment toward Jeep, Ram, Peugeot and Fiat, and a push to convert idle factory capacity into a contract manufacturing business for other automakers.
ConocoPhillips Chief Executive Ryan Lance criticized recent changes to Venezuela’s hydrocarbon law as insufficient to incentivize foreign investment, citing royalty, tax and levy provisions that could allow the state to claim as much as 95% of oil revenues. The company says proposed contracts circulated by Venezuela’s state oil firm favor the gover…
Walmart shares declined in pre-market trading after the company's fiscal Q1 2027 results delivered revenue above expectations but offered guidance that missed Street estimates. While sales rose year-over-year and adjusted EPS met forecasts, both near-term and full-year profit guidance came in below consensus. Elevated fuel costs and price reduction…
Rigetti Computing jumped sharply in pre-market trading after the Trump administration announced a $2 billion CHIPS Act grant program for nine quantum computing firms. Rigetti has signed a non-binding letter of intent with the U.S. Department of Commerce for up to $100 million of support over three years to advance its superconducting quantum comput…
Barclays moved Evonik Industries AG from an Overweight to an Equal Weight rating while nudging its price target up to €18 from €17. The bank said the stock’s strong rally has already captured much of the near-term earnings momentum, even as Evonik reported a better-than-expected first-quarter EBITDA and set a stronger second-quarter guidance.
D-Wave Quantum Inc. shares jumped sharply in pre-market trading after the company disclosed a Letter of Intent for $100 million in proposed funding administered under the U.S. CHIPS and Science Act. The planned award, part of a broader $2 billion quantum initiative, would support U.S. quantum R&D sites and accelerate delivery of advanced supercondu…
Microsoft and EY unveiled a partnership valued at more than $1 billion designed to help client organizations move artificial intelligence initiatives beyond pilot projects into full-scale implementation. The program will concentrate initially on finance, tax, human resources and supply chain functions across a range of sectors, and pairs Microsoft …
Infleqtion shares jumped sharply in pre-market trading after the U.S. administration announced a $2 billion quantum funding package that includes a $100 million allocation for the company, and after the firm signed a $100 million Letter of Intent with the Commerce Department's CHIPS R&D Office. Those developments coincided with a stronger-than-expe…
GlobalFoundries shares climbed sharply in pre-market trading after the company announced a dedicated quantum computing business and disclosed a U.S. Department of Commerce letter of intent for $375 million, part of a broader $2 billion quantum funding package. The move follows recent strong quarterly results, a new dividend, and analyst price-targe…
Hong Kong and Singapore regulators have asked Standard Chartered to clarify remarks by Chief Executive Bill Winters that the bank plans to replace "lower-value human capital" with technology. The comments were raised in discussions with the Monetary Authority of Singapore and prompted the Hong Kong Monetary Authority to request an explanation. The …
Rocket Lab USA Inc. disclosed an equity distribution agreement on May 20, 2026, that could see the company offer and sell up to $3 billion of common stock through 16 financial institutions. The announcement prompted a 6.6% decline in the company’s stock on Thursday. The arrangement also permits certain forward sale transactions in which forward pur…
UBS downgraded Swiss Re to a "sell" rating from "neutral," lowering its 12-month price target to CHF112 from CHF131. The bank trimmed 2027 and 2028 EPS forecasts and projected a negative net income compound annual growth rate for Swiss Re over 2026-2029, driven by an expected softening in the property and casualty reinsurance pricing cycle and the …
Taiyo Yuden's stock climbed to fresh 52-week highs after a significant earnings beat and the launch of mass production for a new line of ultra-compact inductors aimed at smartphones and wearables. Analyst ratings remain largely constructive while broader market volatility and rising bond yields present a countervailing backdrop.
Two recent battery-related fires involving Volvo Cars' EX30 have led Thailand's consumer protection agency to escalate complaints and consider civil action seeking refunds and interest for affected owners. The developments add to mounting pressure on Volvo amid a global recall of EX30 battery modules and customer frustration over delays in replacem…
SpaceX’s initial public offering filing discloses a board populated largely by individuals with longstanding connections to Elon Musk and his broader network. The document details compensation arrangements for Musk tied to ambitious milestones, significant related-party transactions involving a director's firm and xAI, and multiple directors with r…
Walmart kept its annual sales and profit guidance intact while noting that higher fuel prices and elevated inflation are reshaping shopping behavior toward lower‑cost groceries and essentials. The company reported strong first‑quarter comparable sales and e-commerce growth, but warned that second‑quarter results are expected below consensus as it a…
Hedge funds have been reducing long positions in U.S. semiconductor stocks following a steep rally in the sector, according to analysis from Goldman Sachs. The selling reflects profit-taking rather than an abandonment of AI-related investment themes, while managers have raised index and ETF shorts as portfolio hedges and overall gross leverage has …
Morgan Stanley and BNP Paribas raised their ratings on Spanish gas and electricity group Naturgy, citing robust first-quarter results, a beneficial gas-price environment and an improving strategic outlook shaped by recent changes in shareholder composition. The upgrades and higher price targets lifted the stock to four-year highs and highlighted po…
Eli Lilly's stock moved higher in premarket trade after the company released results from a late-stage study of retatrutide, an investigational obesity therapy. At the top 12-milligram dose, participants without diabetes lost an average of 28.3% of body weight over 80 weeks, with over 45% achieving at least 30% weight loss. The data are positioned …
A government-brokered deal between Samsung Electronics and its union suspended a planned 18-day strike by roughly 48,000 domestic workers and sent Samsung shares to a record high. The agreement delivers substantial bonuses to memory chip staff but ties much of the special pay to stock and profit milestones, leaving per-employee payouts smaller than…
Shares of companies developing quantum computing technology rose in premarket U.S. trading after a media report said the Trump administration plans to allocate $2 billion in grants to nine firms, with portions of the package taking the form of government equity stakes. The funding would be drawn from early-stage technology money in the 2022 Chips a…
Goldman Sachs upgraded Flughafen Zurich (SIX:FHZN) to a "buy" rating from "neutral," increasing its 12-month price target to SFr265 from SFr257. The broker said the stock's recent decline has already reflected key downside risks, while stronger-than-expected passenger volumes and regional economic resilience support a recovery in earnings and divid…
European consumer organisations, led by BEUC and 29 national groups, have filed complaints with the European Commission and national regulators alleging that Google, Meta Platforms and TikTok did not adequately protect users from financial scams advertised on their services. The complaints invoke obligations under the Digital Services Act and cite …
European consumer organisations have lodged formal complaints under the Digital Services Act against Alphabet’s Google, Meta Platforms and TikTok, alleging inadequate removal and slow responses to financial scam advertisements. The complaints, submitted by the European Consumer Organisation (BEUC) and 29 national groups from 27 countries, cite near…
Deere & Company posted a decline in second-quarter net income as continued weak demand for large farm machinery pulled down results. While overall revenue increased, sales of heavy production and precision agriculture equipment fell sharply, and costs were pressured by higher import-related tariffs.
