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.
18,153 total articles
Raymond James upgraded Chewy to Outperform from Market Perform after a significant share-price decline, arguing that the stock now trades at a materially lower enterprise-value-to-2027-EBITDA multiple than its recent average. The firm set a $28 price target and outlined revenue, margin and customer-growth assumptions that support upside while notin…
Shares of Corcept Therapeutics plunged after the United States Court of Appeals for the Federal Circuit concluded that Teva Pharmaceuticals did not infringe Corcept’s U.S. patents related to methods for safely administering Korlym with potent CYP3A4 inhibitors. The decision undermines patent protection that helped preserve Korlym’s market exclusivi…
Norwegian equities closed higher on Thursday, with the Oslo OBX rising 0.72% to reach a new all-time high. Gains were concentrated in Healthcare Equipment & Services, Pharma Biotech & Life Sciences and Utilities sectors, while select energy, shipping and financial names outperformed and a handful of large caps lagged. Commodity and currency moves w…
Israel's stock market finished lower on Thursday, with the TA 35 index down 0.53% as losses in the Banking, Financials and Insurance sectors weighed on the session. A handful of stocks posted strong gains, including NICE Ltd and Next Vision Stabilized Systems, while Enlight Renewable Energy, Camtek and Tower Semiconductor were among the largest dec…
Greece's benchmark Athens General Composite closed down 2.22% following losses concentrated in the Banking, Telecoms and Household sectors. Several large-cap lenders posted the heaviest drops while a small group of stocks gained. Commodity and FX contracts moved higher or held steady in late trade, with oil prices up and the dollar modestly firmer.
CME Group said it will begin 24/7 trading for its cryptocurrency futures and options on the Globex platform starting May 29, pending regulatory review. The schedule includes a minimum two-hour weekend maintenance window, and trades executed between Friday evening and Sunday evening will carry the following business day as their trade date, with cle…
Citi reiterates a barbell approach that splits equity exposure between growth and cyclical segments, preferring large-cap growth for liquidity and defensive traits while tilting cyclically toward small-cap value. The bank projects S&P 500 earnings of $320 for 2026 and says earnings improvement is broadening across the market, with a notable decline…
Bain Capital has engaged Goldman Sachs and Bank of America to run a dual-track sale and initial public offering process for Dessert Holdings, a North American desserts supplier that sources say could be valued at over $3 billion. The company, expanded from three to seven brands since 2016, reports about $1 billion in annual revenue and north of $20…
Yelp shares edged lower after a critical report from Bear Cave described the company as a 'classic value trap' and highlighted deteriorating revenue growth, falling ad clicks, and employee dissatisfaction in the sales organization. The report raises questions about competitive pressure and a shifting search landscape at a time when Yelp reported it…
New York Governor Kathy Hochul has removed from her budget a proposal that would have allowed commercial robotaxi services to operate beyond New York City. The change removes a potential regulatory path for companies such as Waymo to deploy driverless, humanless vehicles in the rest of the state and represents a setback for Waymo’s expansion goals.
Thursday's session produced a range of pronounced moves across market-cap segments, with technology, industrial and consumer names among the leaders. Oracle and Deere were among the mega- and large-cap stocks showing gains, while individual mid- and small-cap companies registered both sharp rallies and steep declines tied to earnings, guidance, lea…
AppLovin Corp. is working on a social networking service after its attempt last year to buy TikTok’s non-Chinese operations did not succeed. Company executives discussed the plan on a Chinese-language podcast and a job listing seeking an architect for a next-generation social platform confirmed the effort. The strategy would pair AppLovin’s ad plac…
Turkey's main equity benchmark, the BIST 100, closed down 3.20% on Thursday after declines concentrated in the Holdings & Investments, Insurance and Banking sectors. Market breadth was strongly negative, with 551 stocks falling versus 58 gainers. Key individual movers included gains in Pasifik Eurasia Lojistik, Enerya Enerji and Galatasaray Sportif…
Sterling Infrastructure (NASDAQ:STRL) shares fell 1.6% after Snow Cap Research announced a new short position, accusing the company of overstating its data center exposure, inflating margins through accounting changes, and presenting unsupported backlog growth. The firm says Sterling is primarily a collection of regional site-preparation contractor…
Energy Services of America Corporation's stock fell about 6% following the announcement of a priced underwritten public offering. The company set terms for 1.74 million shares at $11.50 apiece and granted the underwriter a 30-day option to buy up to 261,000 additional shares. Net proceeds are intended for general corporate purposes, working capital…
West Virginia's attorney general has filed a lawsuit alleging that Apple allowed iCloud to become a major channel for the distribution of child sexual abuse material. The suit accuses the company of placing user privacy ahead of child safety, cites internal messaging and past product decisions, and seeks damages and court-ordered changes to Apple's…
Traws Pharma Inc. saw its stock fall sharply after the U.S. Food and Drug Administration placed the company’s investigational influenza prophylactic, tivoxavir marboxil, on clinical hold due to questions about its mutagenicity data. The agency will provide formal concerns and suggested mitigation steps by March 16, 2026. The clinical hold affects U…
Figure Technology Solutions (NASDAQ:FIGR) has launched FGRD, the first SEC-registered public equity to be issued and settled directly on blockchain infrastructure. The shares are available on the On-chain Public Equity Network (OPEN) and can be traded, lent, or borrowed through the Figure Markets app with T+0 settlement and real-time verification o…
UBS says a pronounced derating across global software valuations has opened selective buying opportunities, identifying five names that meet its valuation and earnings-revision criteria. The bank warns that macro and currency dynamics differ across regions and urges investors to favor U.S. software exposures over European peers.
Eupraxia Pharmaceuticals Inc. (NASDAQ:EPRX) saw its shares fall about 8% on Thursday following the announcement of a priced public offering expected to raise roughly $55 million in gross proceeds. The clinical-stage company is issuing common shares and pre-funded warrants, and has granted underwriters an option to purchase additional shares. Procee…
Moleculin Biotech Inc. (NASDAQ: MBRX) saw its stock fall 34.3% in premarket trading after announcing an agreement with certain warrant holders to immediately exercise outstanding warrants. The deal will bring in roughly $8.3 million in gross proceeds at $3.90 per share while creating new unregistered warrants that could lead to further dilution pen…
United Airlines announced a redesign of its MileagePlus program that enhances rewards for customers who hold a United co-branded credit or debit card and reduces mileage accrual for members without such cards. The changes, effective for tickets bought on or after April 2, are aimed at encouraging greater adoption and use of United's card products.
United Airlines announced revisions to its MileagePlus loyalty program that increase rewards and booking discounts for primary holders of United co-branded credit or debit cards, while reducing earning rates for members who do not hold those cards. Key provisions take effect for tickets purchased on or after April 2.
Leonardo Maria Del Vecchio plans to buy two 12.5% stakes in the Luxembourg holding company Delfin from his brother and sister, a move intended to resolve a prolonged family dispute that has constrained dividends and governance changes at the group that controls EssilorLuxottica. The proposed purchase would be at a discount to asset value and follow…
Enveric Biosciences said proprietary assays indicate its lead candidate EB-003 engages both Gq- and beta-arrestin-mediated signaling downstream of the 5-HT2A receptor, a profile the company links to antidepressant- and anxiolytic-like effects in preclinical studies. The Cambridge, Massachusetts-based biotech's stock rose in premarket trading follow…
