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.
18,363 total articles
Whirlpool Corp shares rose modestly in premarket trading after the company completed several equity transactions that prompted a critical letter from hedge fund manager David Tepper. The manufacturer priced a public offering and sold mandatory convertible preferred stock, alongside a small private placement to a Whirlpool China unit. Tepper called …
Goldman Sachs analysts say colossal capital spending by hyperscaler firms on AI infrastructure is set to crest later this year, a shift that may strain stocks tied to AI hardware and services. The bank projects cumulative hyperscaler AI capex of $1.5 trillion between 2023 and this year, and forecasts a 2026 spend of $667 billion. Goldman expects qu…
Piper Sandler estimates that Advanced Micro Devices’ multi-year supply agreement with Meta could translate into about $100 billion of additional revenue for AMD over the next five years. The deal, which follows the structure of AMD’s OpenAI engagement, involves a customized MI450 GPU paired with the Helios rack, warrants issued to Meta, and a stage…
Intuitive Machines said a group of global institutional investors will provide a $175 million strategic equity investment to support revenue growth and build communications and on-orbit data processing capabilities after the company’s acquisition of Lanteris Space Systems. The announcement coincided with a 13.3% premarket decline in the company’s s…
Ahead of SanDisk's appearance at the Bernstein Insights TMT Forum, analyst KC Rajkumar of Lynx Equity Strategies cautions that the NAND flash supply shortage will likely persist longer than DRAM constraints, projecting NAND relief not until 2028. Rajkumar expects SanDisk executives to discuss the shortage and updates on multi-year, non-cancellable …
Classover Holdings Inc. (NASDAQ:KIDZ) saw its shares rise 49% in premarket trading after the company published an industry white paper titled "The Delivery Problem," which claims the Tutor Studio platform has produced a 200% increase in instructional productivity and enables a 2x rise in teaching capacity without equivalent increases in instruction…
Morgan Stanley says IBM endured its worst trading day since 2000 following Anthropic’s launch of the Claude Code tool, prompting a reassessment of AI-related disruption risk. The bank trimmed its price target amid heightened volatility, while analysts debate whether new generative AI capabilities pose a material threat to mainframe-dependent enterp…
Japan’s Fair Trade Commission carried out a search of Microsoft Japan’s offices as part of an investigation into whether the company’s local unit improperly blocked or dissuaded customers of its Azure cloud platform from using competing cloud providers. The action underscores regulatory scrutiny of cloud-market conduct in Japan and the JFTC’s autho…
Shares of Rayonier Advanced Materials climbed after American Industrial Partners disclosed a 5.1% equity stake. AIP bought 3.4 million shares for about $25.4 million, funded via working capital and existing credit lines, and outlined plans that could link the holding with a fluff pulp business it is acquiring from International Paper.
Evercore lowered its rating on Workday to In Line and reduced its price target by $40 to $160 after the enterprise software firm issued fiscal 2027 subscription revenue guidance below consensus. Shares fell about 9% in Wednesday premarket trading as the company balanced a healthy fourth quarter against a cautious near-term outlook driven by increas…
Thomson Reuters said it will repurchase up to $600 million of common shares under an amended normal course issuer bid and plans a $605 million return of capital to shareholders via a special cash distribution and subsequent share consolidation. The moves coincide with a modest premarket share uptick and will be subject to shareholder and court appr…
Charles River Laboratories said it will divest its CDMO and Cell Solutions businesses to GI Partners and certain European Discovery Services assets to IQVIA, triggering a premarket stock increase. The transactions reduce reported revenue for 2026 but are expected to drive at least 100 basis points of non-GAAP operating margin improvement and add ro…
Shares of International Business Machines (NYSE:IBM) plunged 13% on Monday - the steepest single-day decline in more than 25 years - after investors grew concerned that Anthropic’s Claude Code tool could speed modernization of COBOL-based systems that underpin parts of IBM’s business. Wedbush analyst Dan Ives maintained an Outperform rating and a $…
Nasdaq raised its medium-term Solutions revenue growth target and provided division-level detail at its Investor Day, prompting a modest share price increase. The company increased the Capital Access Platforms revenue target, kept Financial Technology guidance intact, reaffirmed 2026 expense expectations, and unveiled an AI-driven productivity init…
Nasdaq has lifted its medium-term revenue growth projection for its largest segment, citing stronger-than-expected performance in capital access platforms that encompass its data, listings and index businesses. Executives will present more detailed growth and scaling plans at the company’s biennial investor day in New York.
Spain's National Commission on Markets and Competition (CNMC) has determined that Apple and Amazon did not act quickly enough to eliminate contract provisions that the regulator had ordered removed immediately. The clauses, previously cited in a July 2023 enforcement action that resulted in proposed fines of 194 million euros, restricted the number…
Axon Enterprise shares jumped in premarket trading after the company reported fourth-quarter adjusted profit that exceeded analyst estimates. The maker of Tasers, body-worn cameras and digital evidence management systems said strong demand - supported by increased federal investment in immigration enforcement and corporate spending on executive sec…
Bernstein analyst Venugopal Garre argues that Sea is unlikely to be displaced solely by AI, citing the company’s deep infrastructure, logistics and fintech footprint and strategic choice to partner with AI builders rather than build large in-house models. The note says Sea’s integrations with OpenAI and Google and its role in agentic shopping limit…
Oppenheimer upgraded Oracle (ORCL) to Outperform from Perform and established a $185 price target, arguing that the steep decline in multiples since September and recent developments have created a more attractive entry point. The firm projects strong EPS growth in multi-year scenarios while acknowledging financing, margin, and execution risks tied…
Joby Aviation and Uber launched an integrated air taxi booking option in Dubai called Uber Air powered by Joby. The service enables riders to request Joby’s all-electric vertical takeoff and landing aircraft through the Uber app, with Joby anticipating its first passengers in Dubai later this year. The announcement coincided with a 7.5% rise in Job…
U.S. stock futures drifted higher in premarket trading as market participants awaited major corporate quarterly announcements amid ongoing uncertainty about global trade dynamics and the valuation of the AI sector. Individual companies produced a range of moves tied to earnings reports and forward guidance, with gains for some payments and fast-cas…
Morgan Stanley says select European advertising groups are holding up well despite worries about AI-driven disruption, keeping a preferred stance on several stocks. The broker singles out Publicis Groupe as its leading overweight pick for its integrated model and data assets, while assigning equal-weight ratings to WPP, Havas and S4 Capital amid va…
Novartis plans to construct a 46,000-square-foot radioligand therapy (RLT) manufacturing facility in Denton, Texas, marking the company's fifth RLT site in the United States and its first in the state. Construction is scheduled to begin this year, with the plant expected to be operational in 2028. The investment is part of a previously announced $2…
Driven Brands Holdings Inc. suffered a sharp stock decline after disclosing it will delay filing fiscal 2025 results and must restate financial statements for fiscal years 2023 and 2024. The company and its audit committee identified material errors spanning lease accounting, cash reconciliations, revenue recognition and expense classification, and…
Goldman Sachs cautions that recent AI-related capital spending surprises and growing concern about which firms will benefit from AI are fueling equity market volatility. While near-term earnings have held up, the bank says uncertainty over long-term winners and losers is unlikely to abate soon and could leave segments of the AI infrastructure space…
