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
Spotify and Universal Music Group reached an agreement to allow the streaming platform's subscribers to produce AI-generated covers and remixes of songs. The companies said the capability will be a first for Spotify, will create an additional revenue stream for participating artists and songwriters, and is built on principles of consent, credit and…
Kroger's new chief executive, Greg Foran, is preparing targeted price cuts on thousands of items and plans to fund those reductions by cutting costs and improving sourcing and technology. The company will pilot discounts before broader implementation as it seeks to regain market share from major competitors while managing muted sales and profit exp…
Morocco's stock market closed higher on Thursday, with the Moroccan All Shares index up 1.06%. Gains were concentrated in the Banking, Beverage and Transport sectors, while a small group of large-cap names posted notable declines. Oil and Brent futures climbed, gold futures fell, and both the euro and dollar strengthened versus the Moroccan dirham.
Birkenstock shares rose sharply in morning trading after the company put a $250 million accelerated share repurchase (ASR) in motion with Goldman Sachs International. Management framed the transaction as a use of cash to correct what it views as a disconnect between market price and fundamentals, while reaffirming full-year guidance despite recent …
Choice Hotels International shares dropped 1.9% in morning trading following confirmation of an unexpected CEO transition effective May 20, 2026. Patrick Pacious stepped down as President and CEO and Chief Growth & Strategy Officer Dominic Dragisich was named Interim CEO as the board begins a formal search for a permanent successor. The company rep…
The U.S. General Services Administration has reached a OneGov agreement with Snowflake to provide federal agencies access to the company's AI Data Cloud platform. The arrangement is intended to support IT modernization, reduce data silos and enable cross-agency data capabilities that could speed development of agency-specific AI tools. The contract…
Berenberg moved Mobileye Global Inc from Buy to Hold, saying the recent ~47% share price advance has evened out the near-term risk-versus-reward despite continued confidence in the company’s long-term autonomous driving prospects. The bank raised its price target to $10.80 from $9.30 following stronger-than-expected first-quarter results, a $250 mi…
Walmart reported first-quarter revenue that topped analyst estimates, but its forward earnings guidance disappointed investors. The stock plunged in early trading as the company flagged a weaker-than-expected outlook for the next quarter and a full fiscal year EPS range below consensus, while rising fuel costs and an unfavorable macro backdrop weig…
Norwegian equities closed modestly lower on Thursday, with the Oslo OBX slipping 0.08%. Gains in names such as Nel ASA and Norsk Hydro ASA were offset by declines in Orkla ASA, Subsea 7 SA and Telenor ASA. Market breadth was positive overall, while oil prices climbed and gold futures fell. FX moves included a softer euro and a marginally weaker dol…
Greece's main bourse closed higher on Thursday with the Athens General Composite up 2.08%. Strength in banking, construction and travel names supported the rally, led by Public Power, Eurobank Ergasias and Piraeus Bank. Decliners still slightly outnumbered advancers as select small-cap names posted notable losses. Broader commodity and currency mov…
Xiaomi shares slid after the company unveiled a high-performance YU7 GT electric SUV with a starting price above some expectations. A large block trade and continued mainland investor outflows via Stock Connect added selling pressure, while the company’s ongoing buyback provided limited support. Market reaction pushed the stock toward its 52-week l…
Ethos Technologies (NASDAQ:LIFE) saw its stock drop 7% on Thursday after Bear Cave identified the company as a short position. The research note portrayed Ethos as a life insurance lead-generation operator that relies heavily on TV, radio and Facebook advertising, flagged regulatory consumer complaints and called the business mediocre with a narrow…
SanDisk stock climbed sharply in morning trading after investors moved to position the company as a likely beneficiary of a massive labor strike at Samsung Electronics. The 18-day walkout, which began May 21 and runs through June 7, has sidelined tens of thousands of Samsung workers and is expected to cut into global DRAM and NAND supply, prompting…
AT&T shares are trading higher following a cluster of company-specific developments that together provided positive momentum into the current session. The stock was lifted by a $19 billion commitment to expand fiber and wireless networks in California through 2030, a formal reaffirmation of 2026 and multi-year financial and operational guidance, a …
Trading on Thursday produced notable swings across market-cap segments. Chip-related and quantum-related stocks led several rallies, including Arm and IBM among mega-caps, while retail giant Wal-Mart recorded one of the larger declines. The session featured a mix of corporate announcements and CHIPS Act-linked funding developments that appeared to …
The U.S. Supreme Court on Thursday reversed a lower court ruling that had dismissed $440 million in judgments against four American cruise operators accused of using Havana docks that were confiscated after Cuba’s 1959 revolution. The 8-1 decision reopens litigation brought under the Helms-Burton Act by Havana Docks Corporation, which had built and…
Seagate Technology rallied in morning trading after announcing a privately negotiated debt-exchange transaction and on the backdrop of strong quarterly results and improving memory and storage market dynamics tied to AI data-center demand. The company agreed to swap select exchangeable notes for cash and ordinary shares, while reporting sizable yea…
Ralph Lauren shares rallied sharply after the company reported fiscal fourth-quarter 2026 results that outperformed Wall Street forecasts. Revenue rose to $1.98 billion, non-GAAP EPS was $2.80, and free cash flow margin widened to 4.7%. Management also raised the quarterly dividend by 9.6% to $1.00 per share.
Lumentum Holdings surged in morning trading after Nvidia reported record quarterly revenue and underscored rapid AI infrastructure expansion. The optics supplier benefits from a strategic investment by Nvidia, recent index inclusion, fresh institutional buying, and its own strong fiscal-quarter performance, creating a cluster of catalysts that prop…
Applied Optoelectronics (AAOI) climbed 7.8% in morning trading to $178.12, bouncing from a multi-week selloff that had pushed shares more than 22% below a May 13, 2026 pivot high. Analyst upgrades, robust hyperscaler demand — including a $324 million commitment from Oracle — and raised revenue guidance to $1.1 billion underpin the rebound, even as …
IBM stock rallied after the U.S. government announced a $2 billion quantum computing funding program under the CHIPS and Science Act, with IBM receiving the largest single award of $1 billion toward a new standalone quantum chip foundry named Anderon. The move, paired with IBM's better-than-expected first-quarter financials and reaffirmed 2026 guid…
Nebius shares jumped sharply after the company disclosed a $2.6 billion, 10-year agreement with Bloom Energy to supply and manage solid oxide fuel cell systems delivering about 328 MW to its first U.S. AI data center in Independence, Missouri. The deal, coupled with stronger-than-expected Q1 2026 results and a large Meta capacity contract, underpin…
India's Securities and Exchange Board has floated a consultation paper proposing reforms to the pre-open call auction that sets opening prices for shares on their first day of trading. The measures target suppressed opening prices and widespread buy-order rejections tied to current rules, with proposals including a market-linked base price for re-l…
Applied Digital's stock climbed sharply after the company disclosed a 15-year take-or-pay lease for its Polaris Forge 3 campus with a U.S.-based, high investment-grade hyperscaler. The agreement secures roughly $7.5 billion in base-term contracted revenue for the new 300 MW site, rising to as much as $18.2 billion if all renewal options are exercis…
Arm Holdings ADR climbed to a fresh all-time high after Nvidia’s earnings call provided clear revenue visibility for Arm’s royalty stream from Nvidia’s Arm-based Vera CPUs. A high-profile analyst initiation and multiple price-target increases, combined with Arm’s strongest quarterly results on record, helped drive the stock’s decisive outperformanc…
