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.
30,079 total articles
Ivan Cepeda, a 63-year-old leftist senator whose formative years included periods of exile and the political killing of his father, is campaigning to succeed President Gustavo Petro by advancing and broadening recent economic and social reforms. Polls showed Cepeda finishing second in the first round and trailing right-wing rival Abelardo De La Esp…
Centrus Energy surged 8.2% in pre-market trading following a Letter of Intent with advanced nuclear developer Oklo that would have Centrus supply domestically produced high-assay low-enriched uranium (HALEU) sufficient for up to five Aurora powerhouses for multiple years, with deliveries beginning in 2029. The LOI links Centrus’s Pike County Americ…
U.S. markets face the largest options expiration on record on Thursday, June 18, with about $8.3 trillion in options exposure set to expire in a single session - roughly 18% more than the previous high of about $7.1 trillion in December 2025. The event - pushed one day earlier because markets are closed Friday for Juneteenth - coincides with quarte…
Moderna shares climbed after an FDA advisory committee convened to assess whether the benefits of the company’s mRNA influenza vaccine exceed its risks for older adults. The FDA review comes after regulators reversed an earlier rejection of the application. Moderna is seeking full approval for ages 50-64 and accelerated approval for those 65 and ol…
UniCredit appointed Riccardo Orcel - a former senior banker at Russian state-backed VTB Group and brother of the bank's CEO Andrea Orcel - as an independent adviser after he presented a proposal that led to a non-binding agreement to sell parts of UniCredit's Russia business to a private investor based in the United Arab Emirates. Orcel has since l…
U.S. equity futures rose on Thursday as markets reacted to news of an interim Middle East peace agreement that appeared to reduce some of the market's anxieties tied to the Federal Reserve's hawkish posture. At 0750 ET (11:50 GMT) futures contracts showed modest gains, with technology names among the strongest premarket performers. Several individu…
Energy Fuels shares jumped after the U.S. Department of War’s Office of Strategic Capital announced a $725 million conditional loan commitment to support construction of a domestic rare earth separation and metallization facility, a move intended to extend the company's operations beyond uranium processing and address U.S. supply chain gaps for cri…
Spero Therapeutics saw its shares rise 16% following U.S. Food and Drug Administration approval of Utebzi, an oral carbapenem antibiotic developed by GlaxoSmithKline in partnership with Spero. The drug is indicated for adult patients with complicated urinary tract infections, including pyelonephritis, who have limited or no alternative oral treatme…
JPMorgan's quantitative strategy team warns that higher volatility combined with elevated investor exposure in semiconductor equities increases the likelihood of recurrent, disruptive selloffs. The bank highlights concentration and valuation distortions within indices, estimates substantial rebalancing flows at June close that could amplify swings,…
The U.S. Department of Justice is conducting an inquiry into how Iran’s Supreme Leader Mojtaba Khamenei established a global investment portfolio that involved transactions connected to U.S. banks. The probe, which forms part of a wider review into alleged money laundering and corruption, is scrutinizing deals tied to firms overseen by Khamenei and…
Novocure shares fell sharply in pre-market trading after the company disclosed that its Phase 3 TRIDENT trial did not achieve a statistically significant improvement in overall survival for newly diagnosed glioblastoma patients. The closely watched study showed nearly identical median survival between the trial arms, a development that removes a po…
Kroger shares declined in pre-market trade after the grocer posted first-quarter fiscal 2026 results that met adjusted earnings expectations but showed slowing comparable-store sales. While adjusted EPS and eCommerce growth beat some expectations, identical store sales excluding fuel decelerated sharply year-over-year, and investors remain concerne…
Shares of Butterfly Network (BFLY) jumped 17% Thursday morning after Midjourney unveiled the Midjourney Scanner and a new healthcare division, Midjourney Medical, which license Butterfly's semiconductor-based Ultrasound-on-Chip technology. The announcement detailed a high-throughput, full-body ultrasonic computational tomography platform that aims …
Cognizant shares fell sharply in New York premarket trade following an industry-wide reassessment after Accenture trimmed its outlook. A consequential downgrade from Berenberg - moving its rating on Cognizant from Buy to Hold and cutting the price target from $81 to $59 - heightened pressure on the stock as investors weighed the implications of a f…
IBM stock dropped sharply in pre-market trading after a guidance cut from Accenture sparked a broader reassessment of demand across IT services. The fall was compounded by an IBM study showing a large majority of enterprise executives lack clarity about their AI dependencies, a finding analysts say could push buyers to delay major AI projects and t…
Gokul Laroia, Morgan Stanley Asia CEO and co-head of global equities, told the Lujiazui Forum that China's hundreds of AI companies could contribute an additional $3 trillion to $4 trillion in market capitalization if they secure sufficient funding. His remarks came as Beijing accelerates state-led efforts to channel capital into technology, includ…
Stellantis shares fell 5.7% in Milan on Thursday even as the automaker introduced a new member of its Compact Van family, the Smart Compact Van (SMC). The SMC will be available with a battery-electric powertrain offering up to 270 km range, plus three internal combustion engine options and a mild-hybrid variant arriving next year. Orders are due to…
Goldman Sachs lowered its rating on Italian luxury house Zegna from Buy to Neutral, saying the stock’s strong run has largely reflected the turnaround story. The bank lifted its price target to $14 but finds limited upside on its valuations and highlights execution and high-end demand as key risks to the investment case.
Pfizer announced that Chief Financial Officer Dave Denton will step down effective August 15 to pursue a professional opportunity outside the pharmaceutical industry in consumer goods. Shares fell 1.7% on the news. Senior Vice President Cecile Guegan will serve as interim CFO starting August 16 while Pfizer conducts an internal and external search …
Lite Strategy, the Nasdaq-listed company that maintains Litecoin as its principal treasury reserve asset, will announce Thursday that it has closed a $1 million lead strategic investment in ZK Innovations Inc., the developer of LitVM. The transaction gives Lite Strategy governance participation rights and an opportunity to acquire a portion of futu…
The U.S. government signed a conditional loan commitment of $725 million with Energy Fuels to expand domestic processing of rare earth elements, including separation and metallization for permanent magnets. The Office of Strategic Capital said the move is intended to bolster supply chains for permanent magnets and specialty defense and industrial p…
Accenture announced a combined acquisition package valued at $4.18 billion that will take a majority stake in Dragos and full ownership of runZero and NetRise, expanding the consultancy's software capabilities for protecting industrial sites and critical infrastructure. The company simultaneously lowered the top end of its annual revenue growth gui…
FreeCast Inc. (NASDAQ:CAST) saw its shares jump 170% on Thursday after announcing a reseller agreement that enables the company to offer Starlink Business enterprise satellite broadband alongside its streaming aggregation, distribution, and Platform-as-a-Service solutions. The pact is intended to let FreeCast provide combined connectivity and digit…
Capgemini shares tumbled after sector peer Accenture reported fiscal third-quarter revenues below analyst consensus and narrowed the top end of its full-year revenue growth guidance. The combination of the peer miss, recent analyst price-target reductions, deteriorating technical indicators and a broader market pullback drove one of Capgemini's ste…
Novocure shares fell about 10% after the company reported that its Phase 3 TRIDENT study did not meet its primary endpoint of a statistically significant overall survival benefit for patients with newly diagnosed glioblastoma when Tumor Treating Fields therapy was started concurrently with chemoradiation compared with starting during maintenance th…
