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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
Equity markets on Wednesday experienced notable divergences as semiconductor and industrial names delivered strong gains while several consumer and small-cap issues slid. Arm and Intel were among the largest advancers in the mega-cap group. Movements were driven by company-specific news such as FDA approvals, contract awards, earnings beats and pro…
Medtronic PLC announced a cash acquisition of privately held SPR Therapeutics for about $650 million, obtaining the SPRINT system — a 60-day, non-permanent implant therapy for chronic pain — and signaling an expansion of its less invasive, non-opioid pain management options. The transaction, subject to regulatory approvals, is scheduled to close in…
GameStop disclosed that it has increased its equity holding in eBay to about 6.55% in a filing, up from roughly 5%, a move that comes shortly after eBay declined a $56 billion takeover proposal. The escalation in ownership has prompted commentary that GameStop’s CEO could press for greater influence over eBay’s board or shareholder agenda.
BofA Securities reaffirmed a Buy rating and a $430 price target on Alphabet after the company’s I/O 2026 event. The firm highlighted progress across Gemini 3.5 Flash and Gemini Omni, integration of AI into Search, strong user adoption metrics, and new agent and device initiatives as evidence that Alphabet is well positioned to lead consumer AI adop…
U.S. Senator Dick Durbin urged Health Secretary Robert F. Kennedy Jr. to oppose recent relaxations in federal regulation of flavoured vapes, arguing the changes favor major tobacco companies and put children at risk. The call follows a series of shifts at the U.S. Food and Drug Administration that include authorising fruit-flavoured vapes and propo…
BigBear.ai shares climbed after the company inked a commercial deal with PTG to deploy an AI-driven cargo security management system. The Panama Transshipment Group is the inaugural customer for the International Shipping Compliance application, developed jointly by BigBear.ai and Narval, which uses biometric verification and real-time fleet data t…
ASML CEO Christophe Fouquet warned that the semiconductor industry will remain supply-constrained for the foreseeable future as surging demand from AI development, robotics, and large-scale projects such as Elon Musk’s proposed TeraFab plant and satellite deployments keep orders elevated. ASML is pursuing higher output and improved tool productivit…
Sompo Holdings' stock fell about 3.1% as the insurer published full-year results for the fiscal year ended March 31, 2026, coinciding with profit-taking that pulled the share price back from a 52-week high. The company had already guided full-year net income of ¥580 billion, a 138.6% rise year over year, leaving limited scope for an upside surprise…
Barclays has selected Jeronimo Martins, Tesco and Marks & Spencer as its top European retail picks. The bank argues grocers are better positioned than during the 2022-2023 inflation episode thanks to improved supply-chain hedging and deflationary commodity trends, while general retailers face a tougher environment because of softer labor markets an…
Arm Holdings ADR rallied sharply in morning trading, climbing into a new 52-week high after a high-profile analyst began coverage with an Outperform rating and a $300 price target. The move was supported by the company’s record Q4 FY2026 results, accelerating licensing revenue, growing data center royalties and a substantial increase in committed d…
Yardeni Research argues that the recent rise in U.S. Treasury yields is a reflection of economic resilience and near-term inflation pressure rather than a signal that the broader bull market is threatened. The firm points to hotter-than-expected PPI, robust retail sales, steady private payroll gains and a positive economic surprise index, and says …
Marvell Technology shares jumped sharply in morning trading after multiple firms raised price targets and reiterated bullish ratings ahead of the company’s fiscal Q1 2027 earnings report scheduled for May 27. Analysts pointed to accelerating AI spending, stronger hyperscaler and neo-cloud capex, optical connectivity momentum, and traction in custom…
Lunai Bioworks Inc. (NASDAQ:LNAI) saw its stock decline 12.6% on Wednesday following an announcement that the company will implement a 1-for-8 reverse stock split effective May 22, 2026. The action reduces outstanding shares from about 36.3 million to approximately 4.5 million and is aimed at restoring compliance with Nasdaq's $1.00 minimum bid-pri…
Lambda said it will rent over 1,000 of Nvidia’s latest Blackwell systems to high-speed trading firm Hudson River Trading. The systems were already purchased and installed by Lambda in a data center. Lambda, which is backed by Nvidia and raised $1.5 billion last year after agreeing to provide Microsoft access to Nvidia chips, and Hudson River Tradin…
Leaked audio of an internal meeting shows Meta CEO Mark Zuckerberg explaining that the company trains artificial intelligence models by observing employees as they work on computers. Zuckerberg framed this approach as part of a broader AI stack that includes research and architecture, infrastructure, and data quality, and said internal staff provid…
Intuit (NASDAQ:INTU) shares fell 3.9% on Wednesday after the company disclosed plans to eliminate about 17% of its global workforce, affecting roughly 3,000 employees in seven countries. Leadership said the reduction is intended to simplify operations and shift investment toward AI initiatives, including multi-year integrations with OpenAI and Anth…
Starfighters Space Inc. (FJET) saw premarket gains following an announcement that it will host Mu-g Technologies’ modified Dassault Falcon 50 at its Midland facility and jointly respond to a NASA Armstrong Flight Research Center Request for Information (RFI) for Parabolic Flight Services. The partnership pairs Mu-g’s microgravity research platform …
Morgan Stanley's latest off-quarter review of the SaaS sector identifies Samsara and Box as preferred ideas due to persistent net new ARR acceleration, multi-product adoption and emerging AI-led revenue opportunities. The brokerage cites specific customer wins, product contribution trends and valuation metrics as supporting reasons while noting the…
Yields on U.S. Treasuries pulled back Wednesday after a broad selloff in the previous session. The 10-year note declined by two basis points to 4.647%, the 30-year slipped about 1 bp to 5.173%, and the 2-year fell 2.7 bps to 4.095%. Markets have been unsettled over stalled U.S.-Iran peace talks and persistently high energy prices since the conflict…
Research Alliance Corporation III completed an initial public offering of 7.5 million Class A ordinary shares at $10.00 per share, raising $75 million. The special purpose acquisition company began trading on the Nasdaq Capital Market under the ticker RACC on May 20, 2026, and expects the offering to close on May 21, 2026, subject to customary clos…
iFood, controlled by Prosus, has filed a lawsuit in a Sao Paulo business court accusing Keeta - a rival controlled by China’s Meituan - of unfair competition in Brazil. The suit requests a judicial injunction to change Keeta’s business conduct and seeks 1 million reais in moral damages plus additional compensation to be determined. iFood alleges co…
Stellantis and Britain’s Jaguar Land Rover have signed a preliminary agreement to investigate jointly developing vehicles in the United States, focusing on product and technology collaboration. The companies provided no further specifics. The move follows other recent alliances among automakers aimed at lowering production and R&D costs and making …
Tesla has begun rolling out its Full Self-Driving (Supervised) software in Lithuania after the country recognized the Netherlands' provisional approval. The move follows RDW's April 10 authorization and represents the second European market to permit deployment of the system under the Dutch certification.
Wall Street analysts have revised their stance on major managed care companies, upgrading Humana, Centene and Elevance Health to Buy while downgrading The Cigna Group to Hold. The moves reflect a view that the managed care sector may be entering a period of margin recovery as insurers tighten pricing and underwriting amid signs that cost pressures …
Intuit is planning to reduce its global headcount by roughly 17%, or about 3,000 employees, in an effort to simplify its organizational structure and concentrate on select strategic priorities. The company says the move will help it deliver improved products and accelerate key initiatives, including integrating partner AI models into its software. …
