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.
30,139 total articles
Morgan Stanley projects that Indian steel equities will keep outperforming over the coming months, even though prices may weaken in the near term during the monsoon. The bank points to supportive government measures, constructive demand prospects and policy actions from China as reasons for a positive medium-term stance on steel spreads. Key commod…
This report compiles material insider transactions disclosed between May 19 and May 21, 2026, across a range of US-listed companies. It details substantial indirect and direct purchases by major shareholders and directors at Gold.com, Fortune Brands Innovations, ContextLogic, Blend Labs and Xponential Fitness, as well as large dispositions by execu…
NervGen Pharma Corp. (NASDAQ: NGEN) saw its shares slide 39.7% in premarket trading on Friday after unveiling an underwritten public offering that will add 24,000,000 common shares and matching warrants to the market. The company expects roughly $60.0 million in gross proceeds before fees, and says net proceeds together with existing cash will supp…
Morgan Stanley has increased its price targets on Nokia, citing the company's shift into data center optical networking and the anticipated lift from AI- and cloud-driven infrastructure spending. The bank raised its euro target to €14 from €11 and its U.S. target to $16.50 from $13, while pointing to upgraded guidance in Nokia’s optical and IP netw…
Shares of 20/20 Biolabs Inc (NASDAQ:AIDX) rose sharply in premarket trading after the company said it is drawing up contingency plans to enable Ebola and Hantavirus testing within its CAP-accredited CLIA laboratory. The firm is evaluating PCR testing hardware used during the COVID-19 response and engaging with multiple PCR kit developers to assess …
Conduent Incorporated will divest its Public Transit business to Modaxo for $164 million, a move that propelled the company’s shares up about 15% in premarket trading. The transaction, which includes Transit Fare Management and Fleet Management Solutions, is slated to close before the end of 2026 pending customary conditions and regulatory approval…
Shares of Denali Therapeutics fell in premarket trading and Biogen also pulled back after the companies announced that BIIB122 (DNL151), an investigational LRRK2 inhibitor, failed to meet primary and secondary endpoints in the Phase 2b LUMA study in early-stage Parkinson’s disease. Despite showing robust peripheral target engagement and a biomarker…
First Carolina Financial Services has submitted a registration to list on the New York Stock Exchange. The filing outlines the company's customer base, core values, and key balance-sheet figures as of March 31, 2026, and names Keefe, Bruyette & Woods as the sole underwriter. The filing also notes First Carolina's full ownership of its banking subsi…
SpaceX's S-1 filing, reviewed by Wolfe Research, provides concrete technical and spending details that are material to semiconductor and infrastructure markets. The company discloses two large on‑shore AI clusters populated primarily with Nvidia accelerators, accelerated capital spending on AI hardware, a planned Terafab project with Intel named as…
European steel output declined 2.6% year-on-year in April, with some countries posting gains while others saw steep falls. Globally, steel production was down 2% and China’s output fell 3% in April. Policy shifts in the European Union and growing Chinese shipments are among the factors shaping near-term market dynamics. Morgan Stanley remains overw…
Kayne Anderson Capital Advisors' real estate division raised $5.12 billion for its latest opportunistic vehicle, surpassing an initial $3 billion goal and a $4 billion hard close after investors agreed to add capital. The fund will concentrate on student housing, healthcare-related properties including medical offices and senior housing, and select…
Wingtech Technology and a subsidiary have filed a lawsuit in Guangdong province seeking 8 billion yuan ($1.18 billion) in compensation from Nexperia B.V. and five other entities, claiming economic losses. A Shanghai Stock Exchange filing shows a local court has accepted the case. Wingtech, which is the owner of Nexperia, said its ability to exercis…
France will allocate over 1 billion euros to strengthen its domestic quantum computing companies and capabilities, with funds routed in part via an existing military procurement program that purchases from five French firms. President Emmanuel Macron said the next 18 to 24 months are crucial to establishing a European sovereign value chain. The mov…
Shimmick Corporation's shares dropped in pre-market trade after the company priced an underwritten public offering at a price below recent market levels. The infrastructure contractor set the offering at $3.50 per share for 3,730,000 shares, with a 30-day overallotment option for an additional 559,500 shares. Net proceeds are expected to be roughly…
Turkey's financial markets rebounded on Friday after abrupt losses earlier in the week tied to political developments and currency depreciation. The BIST 100 climbed more than 2.5% after a 6% decline the previous day that triggered a trading halt, government bonds traded abroad recovered, banking stocks regained ground and the lira remained at a re…
Shares of Rocket Lab USA, Inc. rose in premarket trading after the company secured a $90 million contract from the U.S. Space Force’s Space Systems Command to design, build, integrate and operate two geostationary satellites carrying the Heimdall optical payload. The award represents Rocket Lab's first satellite production program targeted at geost…
The Reserve Bank of India was a net seller of dollars in March, offloading $9.76 billion after two months of net purchases, as the Indian rupee fell 4% for the month. The currency hit a then-record low of 95.21 per dollar, while the RBI increased its outstanding forward dollar sales and conducted larger gross transactions to manage volatility spark…
Mercedes-Benz said Friday it will bring its urban point-to-point autonomous driving system to Germany beginning late this year. The technology, which has already been launched in China and the United States, is expected to be available in select German cities by the end of 2026, with plans for a broader national rollout in early 2027, Chief Technol…
Torrent Pharmaceuticals posted a 21.9% year-on-year decline in consolidated net profit for the quarter ended March 31, as costs tied to its acquisition of J.B. Chemicals and Pharmaceuticals and rising operating expenses more than offset robust revenue gains across its main markets. Revenue climbed 41.8% while total expenses jumped nearly 60%, leavi…
Sun Pharmaceutical Industries reported a March-quarter net profit slightly above analyst expectations, driven by growth in its specialty therapies franchise. However, rising costs - notably in research and development - pushed expenses sharply higher and compressed core margins, prompting a drop in the company's share price despite the profit beat.
JPMorgan has put Dick’s Sporting Goods on a Positive Catalyst Watch ahead of the retailer’s first-quarter 2026 earnings, lifting comparable-sales and earnings projections above Wall Street consensus. The bank’s note from analyst Christopher Horvers increases Dick’s core comp estimate and turns Foot Locker comps positive, while modeling a significan…
U.S. stock futures were mostly higher on Friday morning as investors monitored media reports about potential talks aimed at ending the conflict in Iran. Major premarket movers included Take-Two Interactive, Workday, Zoom and Estee Lauder, driven by quarterly results, product launch timelines and the end of merger discussions. Chipmakers and quantum…
Goldman Sachs finds that recent US economic indicators have outperformed comparable measures in the UK and Euro area. The US composite PMI has stayed broadly stable since February while the UK and Euro area readings have declined by roughly 4-5 points. The firm links the divergence to uneven growth impacts from the energy shock and also highlights …
April residential construction figures from the Census Bureau point to a housing market that remains resilient overall but shows softness in single-family construction. Multifamily starts provided year-over-year gains that lifted total starts, while permitting and single-family metrics weakened. DA Davidson kept Buy ratings and Top Pick designation…
U.S. equity funds saw a second weekly outflow in nine weeks during the week ended May 20 as investors took profits after a rally and expressed caution about rising inflation and a sharp increase in long-term borrowing costs. LSEG Lipper data show $12.05 billion in net redemptions from U.S. equity funds, while bond and money market funds attracted s…
