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.
30,121 total articles
Piper Sandler analyst Alexander Potter told clients that Tesla has effectively achieved Level 4 autonomy across most driving conditions. He presented several pieces of evidence - including insurance discounts tied to Full Self-Driving (FSD), ramped Cybercab production, a significant capital outlay for a dedicated production line, the first public d…
Figure Technology Solutions Inc. (NASDAQ:FIGR) has signed a definitive agreement to acquire Kiavi, a specialist provider of AI-driven lending products for residential real estate investors, in a $717 million transaction. A joint venture between Figure and global investment firm Sixth Street will purchase Kiavi’s balance sheet assets. Figure project…
Truist Securities argues that advanced AI-native security platforms are changing how organizations detect, respond to, and recover from cyber threats. Rather than reducing demand, AI is intensifying the need for platform-scale telemetry, identity and data protection, and agentic defenses. The firm highlights several publicly traded leaders position…
Amazon has opened its less-than-truckload (LTL) freight offering beyond shipments to its own facilities, enabling businesses to send palletized freight to third-party warehouses, distribution centers and retail partners across the U.S. Raymond James says the move is incrementally bearish for public LTL carriers’ long-term competitive landscape but …
Norwegian Cruise Line Holdings Ltd. shares fell in pre-open trading to $18.63, pressured by a sharply reduced full-year 2026 profit outlook, recent geopolitical comments and an imminent annual meeting in Miami where activist investor Elliott Management will press for operational changes. Market-wide risk aversion and trimmed analyst price targets h…
Paramount Skydance Corp's $110 billion proposed acquisition of Warner Bros Discovery has been placed under review by the European Commission under the EU's Foreign Subsidies Regulation. Backed by Gulf sovereign investors, the transaction is also facing a separate merger assessment. The Commission will decide by July 14 whether to approve the subsid…
Centrus Energy's stock extended a post-earnings decline in pre-market trading, slipping nearly 3.9% to $150 and touching an intraday 52-week low of $146.90. The move follows Q1 2026 results that showed a higher full-year revenue outlook and expanding low-enriched uranium backlog but featured materially lower earnings per share and missed revenue ex…
U.S. stock futures fell early Wednesday as traders positioned for an important inflation reading and considered renewed strikes in the Middle East alongside lingering uncertainty around the artificial intelligence trade. Major index futures were down, and a range of individual companies moved sharply in premarket trading after corporate updates and…
Morgan Stanley downgraded Wienerberger AG from equal-weight to underweight and reduced its price target to €23 from €29, citing heavy exposure to structurally challenged European residential new-build markets and limited pricing power. The move accompanies sizable downward revisions to FY2026 forecasts for EBIT, EPS and free cash flow, and projects…
Saia stock dropped sharply in pre-market trading after Amazon announced a nationwide expansion of its less-than-truckload (LTL) freight service to all U.S. destinations and businesses of every size. The move leverages a large fleet of trailers and intermodal containers to offer palletized shipping and shared trailer capacity, creating a direct comp…
Starbucks is evaluating strategic options for its Japan business, including a possible partial sale with an estimated valuation range of 400 billion to 500 billion yen. The review could attract interest from sector players and private equity, and comes amid the companys multi-year turnaround plan and recent portfolio changes in China.
United Airlines stock fell in pre-market trading after the International Air Transport Association cut its global airline profit forecast by roughly half, citing fuel-price inflation linked to Middle East disruptions. The downgrade came amid United's earlier reduction of its 2026 adjusted EPS guidance and rising fuel costs that have dragged on perf…
Old Dominion Freight Line shares plunged in pre-market trading after Amazon announced the nationwide expansion of its less-than-truckload (LTL) freight offering, opening the service to businesses of all sizes and all U.S. destinations. The move, backed by a large fleet and integrated technology features, prompted a sector-wide reaction as investors…
Paramount Skydance Corp's planned acquisition of Warner Bros Discovery has been submitted for review under the European Union's Foreign Subsidies Regulation. The European Commission has until July 14 to decide whether to accept the filing or to open a 90-working-day investigation. The deal is also subject to a separate EU merger review, and is back…
Delta Air Lines shares fell in pre-market trading after a stark profit outlook revision from the International Air Transport Association (IATA) and a string of company-specific developments. IATA reduced its 2026 global airline profit projection to $23 billion, citing a near-doubling of jet fuel prices since the Strait of Hormuz closure in late Feb…
American Airlines shares declined in pre-market trading after the International Air Transport Association sharply reduced its 2026 profit outlook for global airlines. The downward revision, driven by a near-70% year-over-year increase in jet fuel costs tied to Middle East conflict and Strait of Hormuz tensions, triggered broad sector weakness that …
Volvo AB shares fell just over 3% after the company held its Capital Markets Day in Eskilstuna, where management reiterated ambitious growth targets across trucks, construction equipment, autonomous solutions and marine engines. Morgan Stanley retained an "equal-weight" rating and a SEK 342 price target, saying the group's quality is largely reflec…
Alibaba Group Holdings Ltd ADR dropped 3.1% in pre-market trading to $115.97 after reports that China will invest roughly 2 trillion yuan (about $280 billion) over five years to build state-backed AI data centers. The plan, combined with a recent U.S. Pentagon designation labeling Alibaba a "Chinese military company," and a weak technology market t…
Gasoline rationing has been put in place in Russian-controlled Crimea after recent Ukrainian drone attacks limited fuel deliveries from the Russian mainland. Officials in Sevastopol reported 20-litre purchase caps, QR-linked checks and some temporary grocery limits, while Ukraine said it struck multiple military and energy targets deep inside Russi…
Oscar Health shares climbed 3.8% in pre-market trading to a new 52-week high of $28.16 after Barclays raised its rating to Overweight and increased its price target to $35. The upgrade, coupled with upbeat remarks from CFO Scott Blackley about utilization trends and a favorable Wakely actuarial result, reinforced investor confidence in Oscar’s impr…
Porsche CEO Michael Leiters stated at an event hosted by the magazine "Auto, Motor und Sport" that the company will not build a fully electric version of its iconic 911 sports car. Leiters reiterated that, to date, all 911 variants have been combustion-engine vehicles, with some available as hybrids. Porsche already offers a fully electric sports c…
Shares of Saia and Old Dominion Freight Line fell about 7% in premarket trading while FedEx Freight dropped roughly 6% after Amazon said it has expanded its less-than-truckload (LTL) freight service to ship to any destination across the United States and serve businesses of all sizes. Amazon said the broader rollout responds to strong demand from i…
VS Media Holdings Ltd. stock jumped sharply in pre-market trading after the company disclosed a late June 9 SEC filing showing it converted a US$3.8 million convertible promissory note into equity with S T Meng Pte. Ltd. The transaction extinguished the borrower's cash repayment obligation and lifted VS Media’s aggregate voting stake in the Singapo…
Chewy Inc. stock climbed 7.2% in pre-market trading following fiscal first-quarter 2026 results that materially exceeded analyst estimates. The company reported adjusted EPS of $0.43 versus a $0.24 consensus, revenue of $3.36 billion, and notable expansion in adjusted EBITDA and gross margin. Management highlighted nearly 200,000 net customer addit…
Porsche will not produce a fully electric version of its 911 sports car, CEO Michael Leiters announced at an industry event. The 911 line has relied on combustion engines since its origin, with some hybrid variants offered. Porsche sells the fully electric Taycan and two fully electric SUVs, but the company says it has overestimated demand for elec…
