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
IREN Ltd's stock slid 5.5% in morning trading to $47.675 after the company announced it was acquiring Awaken, a creative and media agency that had been its external marketing partner. Investors remain unsettled about the pace and cost of IREN's AI infrastructure expansion, compounded by a recent $3 billion convertible notes offering, a fiscal Q3 20…
Barclays has named InterContinental Hotels Group its preferred pick in the European hotel sector, citing improving revenue-per-available-room trends in the United States and Greater China, confidence in net unit growth delivery, and potential incremental fee income. The bank's view comes as European consumer stocks have lagged materially over the p…
Bernstein upgraded American Tower from Market-Perform to Outperform and kept a $207 price target, citing the tower operator's durable cash flows, long-term leases and limited downside from satellite competition, interest rates and Dish-related disputes. The price target implies roughly 17% upside from the stock's May 18, 2026 close of $177.28.
Analog Devices shares fell in early trading after reports that the company is in advanced talks to buy Empower Semiconductor for about $1.5 billion in cash - a price that values the startup at roughly 28 times its annual revenue of $54 million. The stock's decline reflects investor concern over the deal's steep valuation, divergent analyst price ta…
Shake Shack shares jumped after disclosures showed CEO Robert Lynch and director Daniel Meyer bought stock near 52-week lows, adding to a string of insider purchases over the past three months. A Stifel upgrade and the appointment of Michelle Hook as CFO - aligned with the company’s Project Catalyst push - reinforced investor confidence even as the…
Figma's stock climbed after the company delivered a robust Q1 2026 report, with revenue of $333.4 million and non-GAAP EPS of $0.10, both ahead of consensus. Management highlighted accelerating revenue growth and expanding customer footprints, while AI credit monetization and strategic integrations supported an upward revision to full-year revenue …
Clearmind Medicine Inc. (NASDAQ:CMND) shares declined about 33% after the company announced a 1-for-10 reverse share split to take effect on May 21, 2026. The board approved the measure on March 18, 2026, as part of a plan to comply with the Nasdaq Minimum Bid Price Rule. The action will reduce issued and outstanding common shares from 10,190,337 t…
CoreWeave shares slid after news that Google and Blackstone will form an AI cloud infrastructure joint venture backed by a $5 billion equity commitment and a plan to bring 500 megawatts of capacity online by 2027. Analysts signaled the move could intensify competition for GPU-focused neocloud providers, pressuring margins and capital structures in …
Shares of InMed Pharmaceuticals (INM) jumped sharply after the company and privately held Mentari Therapeutics reached a definitive agreement to merge in an all-stock transaction. The combined company will operate as Mentari Therapeutics on the Nasdaq Capital Market, and a concurrent private placement expected to raise about $290 million is planned…
Polymarket has introduced prediction markets that reference the future performance of private companies through an agreement with Nasdaq Private Market. The offering, a first for the expanding sector, will allow trading on milestones such as valuations, IPO timing and secondary market activity and names Nasdaq Private Market as the resolution data …
Zenas Biopharma stock climbed 2.8% in morning trading as investors reacted to the acceptance of Phase 3 INDIGO results for oral presentation at EULAR 2026 and a notable open-market purchase by CEO Leon O. Moulder Jr. The INDIGO data showed a 56% reduction in IgG4-Related Disease flare risk versus placebo, and the company expects to file a Biologics…
Polymarket has introduced prediction markets tied to private company outcomes through a partnership with Nasdaq Private Market, marking the first product of its kind in the sector. The markets will cover events including valuations, IPO timing and secondary market transactions, and Nasdaq Private Market will provide the data used to settle outcomes…
Co-Diagnostics Inc. shares rose sharply in morning trading after the company said it completed its assay development strategy for the Bundibugyo virus, the Ebola strain behind outbreaks in the Democratic Republic of the Congo and Uganda. The firm said its Co-Dx PCR point-of-care platform would be used for the assay, which remains under regulatory r…
Onto Innovation priced $1.3 billion of convertible senior notes due 2031, boosting the size from an earlier $1.1 billion announcement. The offering, which carries an initial conversion price about 50% above the May 18 closing share price, sent the stock lower on Tuesday. Net proceeds will fund capped call transactions, a planned share repurchase, a…
U.S. Treasury yields moved higher in Tuesday morning trading after an earlier decline that followed an overnight pause in the Iran conflict and a pullback in oil prices. The benchmark 10-year note and the closely watched two-year note both rose by about 4.2 basis points, while the 30-year yield climbed modestly above 5.15%. Oil traded slightly lowe…
British Airways has postponed the planned restart of flights to Dubai, Doha and Tel Aviv by one month, moving the restart date to August 1. The carrier said the decision follows continued instability tied to the U.S.-Israeli war against Iran and will coincide with a scaled-back Middle East schedule that excludes service to Jeddah.
Citi Research raised its price target on SanDisk to $2,025 from $1,300 and maintained a Buy rating, pointing to accelerating demand for NAND flash from AI infrastructure and data-center investment. The firm highlighted outsized pricing upside through 2026-2027, stronger-than-expected earnings at partner Kioxia, long-term supply contracts that reduc…
ConocoPhillips expects delays measured in months rather than years for LNG capacity expansions at its North Field joint ventures with QatarEnergy, the company's Europe Gas head said. Damage to onshore Ras Laffan facilities from strikes on March 19 has raised concerns about supply to key importers, which QatarEnergy has said could face disruptions l…
Goldman Sachs finds that application software names have posted two brief rallies in 2026 but remain broadly weaker year-to-date. The bank highlights leadership moves and early product work at major vendors, yet says consistent AI-driven outperformance is likely not until 2027 and that AI revenue must prove additive to company growth to change inve…
Fujikura has released a medium-term plan stretching to fiscal year 2036 that sets escalating operating profit targets and outlines capital allocation for the late 2020s. The plan specifies operating profit milestones for several fiscal years, a breakdown of operating cash flow deployment for fiscal 2027-2029, regional investment amounts, expectatio…
During the first quarter, thousands of institutional investors initiated or expanded positions in semiconductor companies and firms tied to AI infrastructure, according to a Reuters review of 13-F filings. Buying was widespread across names such as Micron and Intel, alongside heavy flows into data center suppliers and utilities expected to power AI…
Shares of Everspin Technologies (NASDAQ:MRAM) dropped 8% on Tuesday after short seller Kerrisdale Capital revealed a short position, arguing that the company’s MRAM products do not play a meaningful role in the AI server and hyperscaler markets driving the semiconductor rally. Kerrisdale highlighted Everspin’s concentration in casino gaming and slo…
Target has appointed Jeff England as its chief supply chain officer, a hire intended to hasten the retailer's operational improvements and inventory plans announced by CEO Michael Fiddelke. England joins from building-materials supplier QXO at the end of the month and will report to Chief Operating Officer Lisa Roath. His arrival follows a series o…
Target has appointed Jeff England, a former Walmart supply chain executive, as its chief supply chain officer. The move is part of CEO Michael Fiddelke’s management shakeup aimed at improving efficiency, stabilizing inventory and accelerating same-day delivery across the retailer’s roughly 2,000 U.S. stores. England will join from building material…
Global markets are increasingly pricing in a longer Iran conflict, pushing oil futures and government bond yields higher. Despite those stresses, major equity benchmarks remain close to record levels, supported by a view that the energy shock may be temporary, resilient economic data, and limited near-term central bank tightening.
