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
Tianci International's shares leapt in pre-market trade, rising 233.3% to $4.00 as speculative buying overwhelmed a micro-cap with an exceptionally small public float following a recent reverse stock split. An April memorandum of understanding with Greypole Mining related to a Zimbabwe mining expansion has drawn investor attention to the company's …
Alibaba shares fell in U.S. premarket trading after a Bloomberg report said China plans to invest roughly 2 trillion yuan over five years in data centers to support its domestic AI industry. Investors interpreted the announcement as a potential threat to private cloud operators' pricing and returns. Citi analysts pushed back, saying the market reac…
Barclays forecasts European NATO members will increase defense outlays to $752.60 billion annually by 2035, up from $554.25 billion in 2025 and equivalent to 3.1% of combined GDP. The bank highlights Rheinmetall and Leonardo as top stock picks, and projects a sharp rise in European equipment spending through 2030.
Thomson Reuters faces a shareholder resolution at its annual meeting that calls for scrutiny of the human rights implications of certain U.S. government contracts, including work involving Immigration and Customs Enforcement (ICE). The proposal, filed by a British Columbia government workers union and supported by an internal employee group, asks t…
LinkedIn has launched BrandWorks, a newly formed team aimed at delivering higher-performing ad campaigns to business customers and expects the unit to reach an annualized run rate of $100 million in the next fiscal year, a source familiar with the matter said. The team, unveiled publicly on Wednesday after an internal rollout in March, has grown ra…
SAP stock dropped sharply in pre-market trade after Goldman Sachs trimmed its price target and lowered margin forecasts, citing expectations of higher hardware costs in the second half of the year. The bank left its Buy rating and its organic current cloud backlog growth assumption for Q2 2026 unchanged at 23.5% year-over-year. The action, combined…
Serbia’s state-controlled oil company NIS has applied to the U.S. Treasury’s Office of Foreign Assets Control for a new license to continue operations past June 16, when its current waiver expires. The company, which runs the country’s only oil refinery, stressed the importance of maintaining domestic fuel supplies and said ownership restructuring …
Wells Fargo updated its view of the global cocoa market, flagging the potential for persistently low inventories and supported prices. The bank pointed to recent price rebounds, the risk that El Niño could dent production, and projected downside in cocoa input costs for Mondelez in 2027 based on forward curves.
U.S. regulators at the Commodity Futures Trading Commission are preparing a proposal to establish new oversight standards for prediction markets, according to people familiar with the matter. The move follows scrutiny of well-timed trades tied to major policy announcements and would set factors for case-by-case review of contracts, with some catego…
Shares of SAP fell roughly 4% after Goldman Sachs reduced its gross margin forecast for the second half of 2026, attributing the revision to elevated hardware costs. The bank left its Buy recommendation intact, kept core cloud backlog growth assumptions largely unchanged and adjusted earnings and price targets modestly. Goldman noted potential marg…
Ares Management has secured $8.5 billion from institutional investors for its latest closed-end specialty credit fund, the third vehicle in its Pathfinder series. The total includes $4 billion in recommitted capital from investors in a prior Ares fund who agreed to extend their holdings for two more years. The fundraising comes amid softer flows in…
Truist retained Buy recommendations on Packaging Corporation of America (PKG) and Sonoco Products (SON), naming both firms as its best ideas. The call rests on pricing power, integration synergies and productivity improvements that Truist expects will counteract higher input costs. Key drivers include Packaging Corporation's acquisition of the GEF …
BCA Research told investors that the primary threat to AI-related investments stems from political reaction rather than technological shortcomings. The firm highlighted rising global political opposition, potential regulatory and tax measures, deteriorating U.S. public sentiment, and the risk that AI could be targeted in the wake of an unrelated cr…
Citi’s Quant Team finds Ecovyst (ECVT), RPM International (RPM) and Linde (LIN) are the most heavily long-held names in its chemicals universe, based on a composite that combines five positioning and valuation metrics. While polyethylene producers Dow (DOW) and Westlake (WLK) saw buying interest this week amid falling short interest and improved se…
Volvo AB says it expects autonomous-transport revenue to approach $3 billion within five years, as it prepares to begin driverless truck operations on US highways in early 2027 with an initial fleet exceeding 300 vehicles by year-end. Company leaders highlighted expected productivity gains, demand trends across regions, and near-term cost pressures…
India's equity markets finished mixed on Wednesday with the Nifty 50 slipping 0.12% at the NSE while the BSE Sensex 30 ticked up 0.09%. Gains in Carbon, Green Energy and Banking stocks contrasted with losses in Metals, Oil & Gas and Real Estate, leaving market breadth tilted toward decliners and volatility measures slightly higher.
Deutsche Bank upgraded easyJet from sell to hold and increased its target price to 540p from 340p. The bank pointed to Castlelake L.P.’s existing commercial ties with the airline - a lease of four A320neo jets and a 2.14% equity stake - and referenced the investor’s prior aviation asset activity in 2023. Deutsche Bank cautioned that any transaction…
A senior BNP Paribas equity capital markets executive said that planned mega initial public offerings by major U.S. private technology firms are likely to generate greater demand for stock sales in Europe’s technology sector. He argued that the wave of U.S. listings is producing cross-border investor interest and stressed the need for expanded rese…
A consortium of U.S. investment firms led by KKR and Energy Capital Partners has advanced a revised bid for Ireland-based energy distributor DCC that values the company at more than £5 billion, Sky News reported on Wednesday. The approach follows DCC's rejection of an earlier offer in late April. Under UK takeover rules the consortium faces a firm …
Xpeng Inc chief executive He Xiaopeng has taken immediate leadership of the automaker's robotics division, citing fierce competition and the need for decisive execution as the firm prepares to begin mass production of its IRON humanoid robots by the end of 2026. The announcement follows the departure of a senior robotics executive and comes as Xpen…
Telenor has agreed to acquire fibre operator Enivest for 2.5 billion Norwegian crowns ($263.55 million), expanding its broadband footprint in western Norway. The purchase transfers Enivest’s network and about 28,000 customers to Telenor and includes a 34% stake in Årdalsnett, which serves roughly 3,000 users. Enivest reported 2025 revenues near 290…
HSBC reduced its price target on Li Auto and kept a Hold rating, pointing to a tougher competitive environment and a dimmer near-term profit outlook as the automaker rolls out refreshed models. The bank also shifted its 2026 earnings view from profit to loss and lowered its earnings forecasts relative to Bloomberg consensus for 2026-28. Despite sol…
ERock raised $600 million in its U.S. initial public offering by selling roughly 27.9 million shares at $21.50 apiece, the midpoint of its marketed range. The Houston company will begin trading on the New York Stock Exchange under the ticker EROC and plans to expand assembly capacity to about 1.2 GW by the end of 2026 through development of a Houst…
Bill Gates is scheduled to give a private, transcribed interview to the House Oversight and Government Reform Committee as lawmakers probe the Justice Department's handling of the investigations and prosecutions tied to Jeffrey Epstein and his associate Ghislaine Maxwell. Documents released by the Justice Department that show repeated post-2008 mee…
Heidelberger Druckmaschinen shares climbed 4.3% to €1.415 after the company released delayed audited accounts showing net profit tripling and management presenting a credible cost-cutting plan. Despite the headline improvements in profit and operating metrics, the underlying cash position weakened sharply, incoming orders and backlog contracted, an…
