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.
30,118 total articles
Oracle's stock tumbled 7.0% in pre-market trading after its Q4 FY2026 results, as investors reacted to an aggressive data-center expansion plan. The company reported a record $19.2 billion in quarterly revenue and adjusted EPS of $2.11, yet full-year capital expenditures jumped 162% to $55.7 billion, producing negative free cash flow of $23.7 billi…
Senator Elizabeth Warren has proposed legislation that would require financial institutions to disclose their credit and equity exposures to companies involved in artificial intelligence, directing the Office of Financial Research to collect the data and the Financial Stability Oversight Council to publish an assessment and recommendations to Congr…
Deutsche Telekom stock dropped after reports that CEO Tim Höttges is actively pursuing a merger between the German parent and majority-owned U.S. unit T-Mobile US. The proposed structure would create a new holding company and list it on both U.S. and European exchanges. Investors reacted to the renewed certainty of an uncertain deal that faces shar…
Intel stock rose roughly 5% in premarket trading after Bank of America upgraded the shares from Underperform to Buy and lifted its price target to $135 from $96. BofA's revision reflects higher projected earnings power by 2030, increased visibility into server CPU demand and an expanding external foundry pipeline, while also noting low institutiona…
Pharmsource LLC, a drug wholesaler based in Brunswick, Georgia, says it was unaware that certain continuous glucose monitoring sensors it acquired from licensed distributors had been marked for destruction. The statement follows a warning from the sensor manufacturer that two lots of G7 sensors were stolen during a device destruction process and la…
Ahead of the World Cup kickoff, anticipated inbound travel gains for U.S. hotels and airlines have not appeared. High ticket prices, visa requirements and the complexity of attending matches across multiple host cities have deterred international visitors, leaving hotels to cut rates and airlines to see weaker bookings than expected. Short-term ren…
Circle Internet Group Inc. stock gained momentum in pre-market trading, climbing 2.9% to $81.24 after multiple analysts raised price targets over the prior days. The upgrades, publication of the company's Annual General Meeting transcript and confirmation of an expanded MassPay integration with Circle Payments Network provided company-specific cata…
China Resources New Energy, the renewable energy subsidiary of China Resources Power, has filed to raise about 24.5 billion yuan via an initial public offering in Shenzhen. The company will offer approximately 2.1 billion shares, with half allocated to strategic investors and the rest split between institutions and retail at a 70%-30% ratio. Procee…
Anthropic and OpenAI have moved from scientific competition into a high-stakes financial duel, racing to complete initial public offerings that could set valuation norms and corporate narratives for frontier AI. The rivalry traces back to late 2020 departures and accelerated in late 2022 when OpenAI fast-tracked ChatGPT after learning Anthropic was…
Barclays initiated coverage of Trustpilot with an "overweight" rating and a 350 pence price target, citing underestimated growth in key markets such as Germany, strong network effects and clear benefits from AI. The broker's forecasts project revenue and adjusted EBITDA growth through 2028, margin expansion, and improving free cash flow yields. Bar…
SpaceX is positioning itself for what would be the largest IPO ever, seeking a $1.75 trillion valuation while balancing rapid top-line growth driven by Starlink against heavy losses tied to AI investment and expansion. Key metrics on users, launch cadence, rocket payloads and valuation multiples illuminate where the company’s promises and financial…
A portion of U.S. employers that currently cover GLP-1 medications for weight loss are planning to end coverage in 2027, citing growing patient numbers and persistent cost differences between direct-to-consumer pricing and employer contracts negotiated through pharmacy benefit managers. Surveys of large employers and statements from industry figure…
A Reuters/Ipsos national online poll finds SpaceX is familiar to a broad majority of Americans, who also express mixed views on space commercialization and the company’s leadership as it prepares to sell shares. The firm’s planned offering reserves an unusually large allocation for retail investors and could value the company at over $1 trillion de…
Deutsche Telekom shares fell more than 3% after reports that CEO Tim Höttges is advocating for a merger with the company’s U.S. unit, T-Mobile US. The U.S. business has become the group’s main earnings driver, contributing nearly two-thirds of revenue. Any transaction would require minority shareholder support, backing from the German government - …
Repsol climbed today after Citi put the stock on a 90-day upside catalyst watch tied to an impending disclosure of full financial terms for a proposed downstream joint venture, while Alphavalue/Baader Europe raised its rating and commodity forecasts. Strong Q1 results, an active buyback, and a sizeable 2026 shareholder distribution plan further rei…
Workers at BHP’s Port Hedland operations in Western Australia have voted to authorise strike action, with union members approving work stoppages from 30 minutes up to 24 hours. The votes follow months of unsuccessful bargaining over pay and employment conditions and raise the possibility of disruptions to iron ore shipments from one of the world’s …
UBS has reduced its view on the European Information Technology sector from Attractive to Neutral, pointing to stretched price-to-earnings multiples after roughly a 40% rally year-to-date. The bank recommends a selective IT exposure via its AI TRIO framework and favors Industrials, Consumer Discretionary, Healthcare, Real Estate and Germany as pref…
Shares of Turkiye Halkbank rose nearly 4% after U.S. prosecutors filed a request seeking dismissal of the bank's criminal case. The action follows a settlement that included a 90-day compliance window, and a jointly filed dismissal letter was submitted by the bank and U.S. prosecutors as required under the agreement.
UBS has maintained a neutral recommendation on UK equities, pointing to the market's heavy reliance on commodity and energy sectors and its relatively low exposure to industrials as key reasons for not moving to a positive stance. While the bank has lifted earnings forecasts—helped by rising oil prices—and set upside and downside FTSE 100 targets t…
A fresh wave of high-profile IPOs led by SpaceX, OpenAI, Anthropic and Stripe is transforming public market access. While U.S. listings are fewer year-over-year, capital raised has surged, and SpaceX's proposed offer - seeking about $75 billion for a 5% stake at a $1.75+ trillion valuation - highlights the tension between sprawling long-term narrat…
As SpaceX readies a potential $75 billion initial public offering, exchanges, broker-dealers and market-making firms are intensively stress-testing systems to prevent the kind of technical failures that marred prior high-profile listings. Firms from Nasdaq to S&P Global, along with major market makers, have run simulations, upgraded infrastructure …
Indian investigators have signaled they will not meet the first anniversary deadline for a final report into the Air India Boeing 787 accident, citing the need to finish an engine analysis. Preliminary material, including cockpit audio, has been cited by U.S. officials' early assessment as supporting the view that the captain cut fuel flow to the e…
Indian investigators say they will not issue a final report by the one-year anniversary of a deadly Air India Boeing 787 crash, citing the need to complete engine analysis. Investigators' previously released timeline documents the seconds from pushback to the moment the aircraft lost data recording, including engine fuel cutoffs, automatic relight …
Goldman Sachs upgraded EDP Renovveis (EDPR) to Buy and moved EDP from Sell to Neutral, citing a structural improvement in U.S. renewable returns. The bank highlights historically high project returns, sharply higher U.S. power purchase agreement prices, and rising capital costs driven by domestic equipment sourcing as central forces that could sust…
Norcros Plc saw its stock rise 3% to 271p after reporting full-year results for the 53 weeks ended 5 April 2026 that exceeded key analyst forecasts. Group revenue rose 10.6% to £393.4 million and underlying operating profit increased 7.9% to £48.0 million, ahead of consensus estimates. Management also revealed plans to explore the sale of its remai…
