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.
17,981 total articles
Jefferies reports that Samsung Electronics and SK hynix have climbed 798% from their 500-day lows as of Monday, exceeding the 717% gain recorded during the IT bubble. The firm says the surge, which began in late May, still has upside potential but will likely become more volatile in later stages. Jefferies highlights trading implications and outlin…
Goldman Sachs estimates that commodity trading advisors (CTAs) are currently net long global equities, with a large share of that exposure concentrated in U.S. markets. While near-term trend signals suggest limited mechanical selling, the bank warns that a sustained market decline could trigger outsized liquidation from CTAs, creating asymmetric do…
Goldman Sachs downgraded Intuit to Sell from Neutral and cut its 12-month price target to $276 from $519, pointing to intensifying competition in the company’s tax business from AI-enabled entrants and signs of slowing growth in its Mailchimp unit. The bank flagged potential declines in market share and average revenue per user for TurboTax, and mo…
DHL Express Europe reports that aviation fuel needs for the summer months are secured despite concerns stemming from the Iran war. CEO Mike Parra told Reuters the company currently sees no disruption risk at its main hubs, and that its global network and contingency planning can absorb potential localized fuel shortfalls.
Indian share markets finished the session higher on Tuesday, led by sharp gains in information technology names and consumer durables. The Nifty 50 rose 0.43% and the BSE Sensex added 0.52% as Tata Consultancy Services, Infosys and HCL Technologies posted the largest jumps. Broader market participation showed more advancers than decliners on both e…
Persol Holdings saw its stock slide after a midday report that the Japan Fair Trade Commission carried out on-site inspections tied to an inquiry into potential violations of the Antimonopoly Act. The probe focuses on whether five leading staffing firms coordinated to raise fees for temporary staffing services. The firms under scrutiny have said th…
Alzchem shares rose 6% after Czechoslovak Group increased its effective voting interest in the German specialty chemicals company. A CSG subsidiary now holds 9.9% of direct voting rights and the group has entered total return swaps referencing about 10.2% of Alzchem, with those swaps scheduled to mature in May 2027. The company makes nitroguanidine…
Arm Holdings CEO Rene Haas said that attempting to stop AI-capable central processing units from reaching China would be a major challenge because such processors are ubiquitous and difficult to distinguish from general-purpose CPUs. He emphasized that setting enforceable performance and memory bandwidth thresholds for CPUs is more complicated than…
Tencent Holdings saw its share price climb 10.5% on Tuesday after the company began testing a prototype of an embedded AI agent and signaled plans to start the regulatory compliance process required ahead of a public release as soon as this month. Market reaction interpreted the development as a potential repositioning of Tencent from an AI followe…
Bayer AG's proposed $7.25 billion settlement to resolve Roundup claims encountered a fresh legal obstacle when the U.S. Judicial Panel for Multidistrict Litigation granted a conditional transfer that could move the matter into federal court and potentially consolidate it with the existing multidistrict litigation overseen by Judge Vince Chhabria in…
Microsoft will use its annual developer conference keynote in San Francisco to present new developer tools designed to bring AI capabilities to both PCs and cloud infrastructure. CEO Satya Nadella is expected to discuss efforts to make agent-style AI safer for businesses, support for a newly unveiled Nvidia chip aimed at premium laptops, and update…
Prosus shares climbed sharply after the European Commission granted the company a waiver that extends the deadline, previously set for August, by which it had to reduce its stake in Delivery Hero to a single-digit level. The duration of the extension was not disclosed. The waiver, combined with Prosus's outreach to other Delivery Hero shareholders …
OS Therapies is set to report that its lead immunotherapy candidate, OST-HER2, produced a statistically significant overall survival benefit at 2.5 years in patients with fully resected pulmonary metastatic osteosarcoma. Treated patients recorded a 75% survival rate at 2.5 years, with no additional deaths reported since the two-year readout. The co…
Intuit shares slipped 4.2% in pre-market trading after Goldman Sachs downgraded the stock from Neutral to Sell and set a $276 price target, implying about 23% downside. Goldman’s analysts cited rising competition in tax preparation and doubts about Intuit’s ability to meet long-term goals for TurboTax, Global Business Solutions, and Credit Karma. T…
Oracle stock declined in pre-market trading amid renewed investor concern about escalating capital expenditures across major cloud providers. Alphabet’s announcement that it will sell up to $80 billion in stock - including a $10 billion stake from Berkshire Hathaway - to finance expanded AI compute capacity has sharpened focus on how much capital h…
Broadcom Inc. rallied sharply in pre-market trading, climbing 6.3% to $488.86 as investors positioned ahead of the company’s fiscal Q2 2026 results and analysts raised expectations. A high-profile capital plan from a major customer, robust AI revenue forecasts, new product announcements and strengthened hyperscaler partnerships combined to push one…
Oracle shares fell in premarket trading as markets reacted to Alphabet’s announcement of an $80 billion stock sale, which the search giant says will bankroll investments in AI compute infrastructure. The move follows Alphabet’s earlier update to a potential full-year capital expenditure range of up to $190 billion, and it reversed Oracle’s prior se…
Prosus shares jumped more than 10% after reports that the European Commission granted the company extra time to reduce its stake in Delivery Hero to a single-digit percentage beyond the original August deadline. The waiver - whose exact duration was not disclosed - may allow Prosus to temporarily adjust its holding around the time a potential Uber …
U.S. stock futures pulled back modestly on Tuesday following a run of record closes, even as Hewlett Packard Enterprise posted results that sent its shares sharply higher and Alphabet announced plans for a large equity raise to bankroll AI infrastructure. Momentum from strong corporate results and enthusiasm around artificial intelligence has kept …
STMicroelectronics will decide by the end of the year whether to add capacity at its Crolles fabrication site, the company's chief executive said. Management indicated that expansion is the most probable path forward and that the current facility has sufficient infrastructure to support its silicon photonics operations through 2026, 2027 and into e…
Aluminium Bahrain (Alba) has reached an agreement to acquire Aluminium Dunkerque for roughly $2.2 billion, securing full ownership of the European Union's largest aluminium smelter. The Dunkirk facility produces about 300,000 metric tons of aluminium each year. French state-backed investor Bpifrance will take a 6% stake for €100 million and a board…
Morgan Stanley has moved Austrian steel producer Voestalpine AG from an "overweight" to an "equal-weight" rating and trimmed its base price target to €48 from €49. The bank says the stock's rerating has left the risk-reward profile more balanced, with valuation near through-cycle levels and limited scope for further multiple expansion absent strong…
Broadcom shares jumped in premarket trade after Alphabet unveiled an $80 billion equity-raising plan to accelerate its AI infrastructure buildout, including a $10 billion private placement to Berkshire Hathaway. The fundraise and Alphabet’s reported strong demand for AI solutions have supported optimism for chipmakers that supply critical AI hardwa…
Abivax SA shares tumbled after the company disclosed late Monday that its Phase 3 ABTECT maintenance trial for obefazimod met efficacy endpoints and achieved remission rates near 40% for both doses tested, but the data also recorded cancer cases among patients on the higher dose. Although investigators judged those cases "unrelated to treatment" an…
STMicroelectronics shares climbed nearly 10% after the company raised its 2026 data center revenue ambition to about $1 billion from a previous projection of "nicely above $500 million." Management also flagged the potential for a further doubling of data center revenue in 2027 versus earlier guidance. The move, supported by recent AI-related partn…
