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.
29,989 total articles
Futurewave Acquisition Corporation, a Cayman Islands blank-check company, priced an initial public offering of 7,500,000 units at $10.00 per unit on June 25, 2026, creating $75 million in aggregate proceeds before any over-allotment. The units, each composed of one ordinary share, one redeemable warrant and one right, are expected to begin trading …
Genasys Inc. (GNSS) said it received a $2.0 million follow-on order from a major U.S. utility for its LRAD systems. The purchase builds on a recent deployment at a primary substation and will extend remotely operated monitoring and protection to additional substations, with integration into existing security sensors and compliance with NERC physica…
Norwegian equities closed lower on Thursday with the Oslo OBX sliding 0.65% to a fresh three-month low. Losses in the Media, Transport and Diversified Financials sectors drove the retreat even as select insurers and consumer names posted gains. Market breadth favored decliners, and commodities and FX moves were mixed.
Israel's equity market closed lower on Thursday, with the benchmark TA-35 falling 1.23% to a fresh one-month low. Losses were concentrated in the Biomed, Oil & Gas and Communication sectors. Advancers were outnumbered by decliners by a wide margin, while commodity and currency markets showed mixed moves.
CryptoQuant's research team recommends that Michael Saylor's Strategy temporarily stop buying bitcoin, shore up its dollar cash reserve and adopt a rules-based, fundamentals-driven approach to future purchases. The advisory comes as Strategy's cash reserve has dropped sharply this year, dividend obligations have surged and unrealized bitcoin losses…
Following the Federal Reserve's release of its stress test results, several large U.S. banks announced higher quarterly dividends and expanded or confirmed large common stock repurchase programs. Citigroup, Goldman Sachs, JPMorgan Chase & Co and Morgan Stanley disclosed dividend increases and buyback authorizations, while Bank of America maintained…
Polestar Automotive said it will withdraw from selling new vehicles in the U.S. after the U.S. Department of Commerce declined to authorize sales under the current Connected Vehicle Rule for model year 2027 and beyond. The decision knocked Polestar shares lower, while the company confirmed it will continue to sell remaining Polestar 3 and Polestar …
Tempus AI shares advanced in morning trading following an announcement of a research collaboration with Angiosarcoma Awareness, Inc. The partnership will leverage roughly 600 de-identified angiosarcoma patient records linked to DNA and RNA sequencing and clinical data, bolstering the companys rare-disease data footprint amid ongoing pharma and dat…
DeepSeek announced plans to at least double staffing across its departments as it accelerates expansion following a reported effort to raise about 50 billion yuan ($7.4 billion). The Hangzhou-based AI company said the recruitment drive will focus on technical and engineering roles, after gaining early attention for its low-cost reasoning model and …
Applied Materials shares rose sharply after the company unveiled six new chipmaking systems aimed at DRAM production and advanced AI chip packaging. The product set, introduced on June 25, 2026, includes an enhanced epitaxy tool for DRAM, three packaging process systems and two electron-beam metrology platforms. The announcement coincided with broa…
Barclays upgraded Keurig Dr Pepper to Overweight from Equal Weight and increased its price target to $36 from $30. The broker pointed to improved financial leverage, diminished transaction uncertainty and clearer mechanics around the planned split between beverage and coffee businesses, arguing these developments enhance the company's risk-reward p…
Applied Materials jumped sharply in morning trade after Micron Technology posted a fiscal third-quarter beat and Applied unveiled a suite of six new DRAM- and packaging-focused chipmaking systems. Fresh price-target increases from major banks amplified demand, pushing the stock toward its 52-week high as investors priced in sustained AI-driven memo…
The U.S. Supreme Court, in a 6-3 decision, has permitted the Biden administration's successor to end Temporary Protected Status (TPS) designations for Haitians and Syrians, removing a barrier to deportation for more than 356,000 people from those two countries. Lower court rulings that had paused the terminations are overturned, and the ruling reso…
Equity trading on Thursday produced notable swings across market-cap tiers, with memory and storage names among the strongest gainers and a prominent travel stock posting the steepest decline. The session’s movers ranged from large technology and industrial firms to smaller biotech and specialty manufacturers.
Stifel reduced its price objective on Microsoft to $400 and argues that Wall Street's fiscal 2027 gross margin forecasts do not fully account for the margin pressure from a faster-growing Azure business and accelerating capital expenditures. The firm models a roughly 450 basis-point year-over-year gross margin contraction to about 63% in FY27 and b…
Dell Technologies shares fell 7.0% in morning trading to a session low of $391.17 as an industry memory shortage highlighted by Apple and a downgrade from GF Securities weighed on investor sentiment. The moves underscore near-term margin risk for PC and server makers and come amid significant insider share sales.
SanDisk stock rallied sharply after Citi boosted its price target, citing Micron’s stronger-than-expected results as evidence that NAND demand has surpassed supply. Additional support came from a higher price target from a veteran trader and a series of near-term catalysts flagged by Citi, propelling the stock back from a steep June decline.
Corning Inc. stock jumped sharply in morning trading, setting a new 52-week and intraday high after investors reacted to strong semiconductor earnings, a Needham report on NVIDIA’s potential $5–10 billion long-haul transmission project and fresh analyst price-target increases. The move was reinforced by Corning’s ongoing commercial ties with hypers…
Acuity Brands stock jumped 19.2% in morning trading after the company reported fiscal third-quarter 2026 results ahead of the open that outperformed Wall Street on both revenue and earnings. Adjusted EPS of $5.31 and net sales of $1.2 billion topped consensus estimates, while the Acuity Intelligent Spaces segment posted double-digit sales growth an…
Kymera Therapeutics rallied sharply in morning trading after the company said it had finished enrolling patients in its BROADEN2 Phase 2b study of KT-621, an oral STAT6 degrader for moderate-to-severe atopic dermatitis, nearly six months ahead of schedule. The accelerated enrollment shifts the anticipated topline readout to year-end 2026 and suppor…
On June 25 in Washington the U.S. Supreme Court ruled 7-2 that claims under state law claiming Bayer failed to warn users about cancer risks from glyphosate in Roundup are preempted by the Federal Insecticide, Fungicide and Rodenticide Act (FIFRA). The decision overturned a Missouri jury award of $1.25 million to John Durnell, who said he developed…
Citi refreshed its rankings for back-office application software firms after recent first-quarter results, favoring infrastructure-oriented businesses with consumption-driven revenue models and clear AI strategies. The investment bank elevated Box to its top pick, named Navan and Appian among its highest-conviction ideas, and highlighted regulatory…
Bayer AG stock jumped sharply after the U.S. Supreme Court ruled that state-level failure-to-warn claims over Roundup’s label are preempted by federal pesticide labeling rules. The 7-2 decision vacated a $1.25 million jury verdict and is expected to reduce a decade of litigation that has cost the company more than $10 billion, according to the comp…
Morgan Stanley downgraded Affirm Holdings to Equal-weight from Overweight and removed it from its Top Pick list, calling the action a valuation-driven decision rather than a change in the bank's view of the company’s long-term positioning. Analyst James Faucette praised Affirm's management and product strengths, but the firm said further upward rev…
Blue Owl Capital is reported to be in advanced discussions to acquire a minority interest in the Cleveland Cavaliers through its Dyal HomeCourt Partners vehicle. Sources say the stake would be roughly 5%-10% and that Sportico places the team’s enterprise value at $3.95 billion. Both Blue Owl and the Cavaliers declined to comment.
