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.
18,019 total articles
U.S. stock futures were modestly higher Friday morning following reports that the U.S. and Iran agreed to extend a ceasefire and remove restrictions on vessels transiting the Strait of Hormuz. In premarket trading, Dell jumped after raising its full-year outlook, while peers and other corporate developments produced a range of outsized moves across…
UBS began coverage of Unite Group Plc with a buy recommendation and a 12-month target of 585p, arguing the student-housing operator is being priced for a permanent structural decline rather than a cyclical slowdown. The bank’s valuation work, including an Economic Value Add model and a t+1 NTA projection, underpins the target and implies a double-d…
SentinelOne posted fiscal first-quarter results that prompted divergent reactions from Wall Street, with Raymond James downgrading the cybersecurity company to Market Perform while Bank of America upgraded it to Buy and raised its price target. Shares slid in premarket trading after management disclosed an 8% workforce reduction alongside revenue t…
Replimune Group's stock climbed sharply after the company reached an agreement with the U.S. Food and Drug Administration on a pathway to resubmit its experimental treatment for advanced melanoma. The firm plans to file again in the coming days, though it is not yet clear whether the new submission will include fresh clinical data or additional ana…
NetApp shares surged in pre-market trading after the company reported record fiscal fourth-quarter and full-year metrics, beating expectations across revenue, margins and cash flow. Management issued fiscal 2027 guidance above consensus and increased share repurchase capacity by $1 billion, while highlighting expanding AI-related wins and rising pu…
SoFi Technologies shares jumped in pre-market trading after its banking arm issued SoFiUSD, becoming the first U.S. national bank to offer a regulated stablecoin inside its app. The launch, combined with better-than-expected Q1 2026 results and reaffirmed 2026 guidance, has investors reassessing SoFi's positioning in digital assets and fee-based re…
Hewlett Packard Enterprise shares surged 18% on Friday and Super Micro Computer rose 10% after Dell Technologies reported a strong quarter and significantly raised its revenue and AI-server outlook. Dell's results, driven by demand for Nvidia-powered AI servers and supported by large data center customers, lifted sentiment across AI infrastructure …
SoFi Technologies shares rose 7% Friday morning following a 5% gain a day earlier after the company launched SoFiUSD, described as the first stablecoin issued by a U.S. national bank on a banking platform. The coin is redeemable 1:1 for U.S. dollars, will be available on major blockchain networks, and is being rolled out to the company’s nearly 15 …
Agios Pharmaceuticals' stock declined sharply after the company said a Phase 2b trial of tebapivat in lower-risk myelodysplastic syndromes (LR-MDS) did not meet the predefined criteria needed to support continued development in that indication. While the drug showed biological activity and was well tolerated, it failed to deliver clinical benefit i…
Stellantis has no immediate plans to broaden its recently announced cooperation agreements with Jaguar Land Rover and Tata Motors into the European market, the group's head of Europe said. While analysts have speculated the partnerships could support European operations, management says Europe was not the original target for those joint ventures an…
Deutsche Bank lowered ratings for four UK retailers and adjusted price targets across its coverage, citing uncertainty about how inflation will affect consumer spending and retailer margins. The bank flagged weaker consumer confidence since March and a slowdown in retail spending in April, while noting retailers are better positioned than in 2022 o…
Li Auto shares fell sharply after the company's Q1 2026 report showed a deterioration in profitability despite revenues and deliveries that met or exceeded some expectations. Management forecast weaker second-quarter revenue and gave delivery guidance that implied a year-over-year decline, prompting analyst price-target cuts and a wave of selling t…
Barclays has taken a more cautious stance on the digital IT services sector, lowering ratings on EPAM Systems and Grid Dynamics to Hold while upgrading Everforth to Hold. The bank cautions that demand carries more downside than upside as clients await next-generation technology and adjust near-term spending, leaving valuations unlikely to re-rate w…
Nomura Holdings is actively seeking acquisition targets in the United States to expand its investment management arm following the $1.8 billion acquisition of Macquarie’s U.S. and European public asset management businesses. The bank raised its medium-term profit forecast and set ambitious targets for investment management income and private credit…
India's equity benchmarks closed lower on Friday with the Nifty 50 falling 1.50% and the BSE Sensex slipping 1.44%, driven largely by declines in Oil & Gas, Metals and Auto stocks. Market breadth was weak across both exchanges and the India VIX rose sharply. A small group of technology names posted gains, offsetting some of the broader losses.
Morgan Stanley projects that suppliers of high value-added components used in North American smartphones will outpace consensus earnings estimates for the fiscal third quarter of 2027, driven by the rise of AI computing devices. The bank assigned overweight ratings to TDK, Murata Manufacturing, Alps Alpine and Hirose Electric, naming TDK its top pi…
A machine-learning driven stock selection engine has produced notable gains through May by favoring fundamentally strong names with momentum and attractive valuations. ProPicks AI's portfolios have returned roughly +195.78% since their November 2023 launch, outperforming the S&P 500 by about +117.77%. The models are preparing a June rebalance, set …
AST SpaceMobile tumbled sharply in pre-market trading after reports that SpaceX is targeting an IPO valuation of at least $1.8 trillion, below the more optimistic $2 trillion-plus figure that had underpinned a recent sector-wide rally. The stock faced additional company-specific pressure from a Blue Origin hotfire explosion at Cape Canaveral, linge…
International Business Machines Co. stock climbed sharply in pre-market trading after the company disclosed two major investment commitments: more than $10 billion toward quantum computing over five years with a target of a fault-tolerant large-scale system by 2029, and a $5 billion Project Lightwell initiative to harden open source software supply…
Shares of Gap and American Eagle Outfitters plunged in premarket trading after each company signaled challenges tied to slowing discretionary spending. Gap trimmed its annual sales outlook while American Eagle kept full-year guidance but warned of a narrowing current-quarter gross margin. Both retailers pointed to softness in women's seasonal appar…
Morgan Stanley analysts say visibility into RealTek Semiconductor's second half of 2026 is limited after the Asia AI Summit, even as PC demand remains strong. Customers are pre-stocking inventory but have not revised full-year rolling forecasts, and the company is likely to see continued inventory write-offs tied to pre-stocking and its accounting …
AMD Chief Executive Lisa Su visited China last week and maintained a restrained public presence following a high-profile trip by Nvidia CEO Jensen Huang. Their differing approaches highlighted contrasting corporate strategies in the politically sensitive Chinese AI chip market, where Nvidia’s share has contracted sharply while AMD holds a smaller b…
Barclays notes global equities are making fresh highs on reports of progress toward a US-Iran agreement. The bank highlights strong earnings momentum and stabilizing interest rates as core supports, while warning that gains are currently concentrated in US markets and in technology-related sectors. A confirmed deal that reopens the Strait of Hormuz…
SentinelOne's stock tumbled roughly 19.9% in pre-market trading to about $14.44 after the company released fiscal first-quarter results that showed 21% year-over-year revenue growth to $277 million but disappointed on guidance and announced an 8% workforce reduction. Management's Q2 revenue forecast and full-year outlook implied roughly 20% growth …
Ocado Group said it has agreed a partnership with Asda to provide the Ocado Smart Platform for the supermarket’s ecommerce operations, prompting a more than 12% rise in Ocado shares. The deal covers Asda’s front-end webshop, in-store fulfilment, last-mile planning and delivery integration with third-party aggregators, with rollout beginning in 2027…
