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.
18,056 total articles
Palo Alto Networks said it will add a secondary listing on the Tel Aviv Stock Exchange after completing its $25 billion acquisition of Israeli cybersecurity company CyberArk Software. The Nasdaq-listed firm, valued at $115 billion, will become the largest company by market capitalization on the TASE once the listing is active. No specific effective…
Barclays upgraded Pegasystems from Equal weight to Overweight and established a $48 price target. The brokerage points to faster cloud subscription growth, rising contract metrics and initial customer traction for the company's AI offering as reasons to view the recent market sell-off as an entry opportunity.
JetAI Inc. shares climbed 8.3% following an amendment to its merger agreement with flyExclusive that drops a previously required $50 million third-party financing arrangement. The company says it has enough positive net working capital to satisfy the merger's minimum cash closing requirement and reports it has no preferred stock outstanding. The ag…
Waymo, backed largely by Alphabet, is shifting from demonstrating autonomous driving to scaling it commercially. Following a $16 billion financing that values the company at $126 billion, Waymo plans rapid expansion across the U.S., launches in London and Tokyo, and a target of more than one million paid rides per week by the end of 2026. The compa…
Worksport Ltd. (WKSP) saw its share price rise after the company said its Aetherlux Pro heat pump, incorporating ZeroFrost anti-frosting technology, is progressing into formal certification and commercialization sooner than expected. The firm is targeting AHRI and ENERGY STAR qualifications and expects prototypes and government-lab testing in 2026,…
VerifyMe Inc.'s stock rose sharply after the company announced a planned merger with Open World Ltd. The transaction aims to merge VerifyMe's authentication technologies with Open World’s blockchain and real-world asset tokenization infrastructure, with the combined business expected to pursue regulated digital asset services and a Nasdaq listing u…
Leidos Holdings Inc saw its stock rise after announcing an accelerated migration of eight more Defense Agencies and Field Activities to DODNet. The plan will transfer over 100,000 users, including major organizations such as DFAS and DLA, within the next 18 months and advances work on the $11.5 billion, 10-year Defense Enclave Services contract.
Monness, Crespi, Hardt (MCH) downgraded Coinbase to a tactical Sell, citing over-optimistic Street forecasts for 2026 and 2027 and projecting continued softness through the first half of 2026. The firm expects revenue, EBITDA and EPS to land below consensus, highlights declining trading share and monthly active user trends, and notes that trough-st…
Kraft Heinz said it expects roughly $950 million in capital expenditures for fiscal 2026, above the prior year, as it pauses plans to divide into two companies and reallocates funds into marketing and research aimed at reviving U.S. demand. The pause in the separation process is projected to cut about $300 million in costs in 2026 while the company…
Deutsche Bank upgraded BorgWarner from Hold to Buy after the automotive supplier announced a partnership to supply modular turbine generator systems for AI-focused data centers. The bank projects more than $300 million of revenue from the initial phase in 2027, anticipates mid-teens margins on the new business, and raised its price target to $82. T…
Nektar Therapeutics priced an upsized $400 million public offering, selling common stock and pre-funded warrants, and granted underwriters an option to buy additional shares. The move preceded a near 7% decline in premarket trading as investors reacted to the equity raise. Proceeds will support general corporate needs, including Phase 3 trials and …
Apple recorded an 8% year-on-year increase in smartphone sales in China for January, becoming the only major brand to post positive growth in a market that contracted 23% versus the same month last year, according to data from Counterpoint Research. The iPhone 17 lineup, government subsidy eligibility for the base model, and modest price adjustment…
JPMorgan upgraded MercadoLibre from Neutral to Overweight, pointing to reduced competitive intensity after recent take-rate increases by Shopee and MercadoLibre's own fee adjustments. The bank raised its December 2026 price target to $2,800 and lifted revenue, operating profit and earnings forecasts for 2026, while citing robust growth in Brazil an…
British American Tobacco (BAT) says a U.S. move to bar imports of certain disposable, predominantly unregulated vapes could reduce the illegal segments of the market by roughly one-third, though any meaningful supply impact is likely to be delayed by long supply chains and large inventories. The company has active cases at the U.S. International Tr…
ABPRO Holdings Inc. (NASDAQ:ABPR) saw its stock drop about 9.4% in premarket trading after Nasdaq informed the company that it is not meeting several listing standards related to board independence and audit and compensation committee composition following the January resignations of two directors. The exchange has asked the company to present its …
BioRestorative Therapies Inc (BRTX) saw its stock fall 37.5% in premarket trading following the announcement of a public offering that will issue new common shares (or pre-funded warrants) and accompanying warrants at $0.35 per unit, a move that is expected to raise roughly $5.0 million in gross proceeds. Proceeds will support clinical trials for B…
Barclays upgraded Analog Devices to Overweight, citing the company’s exposure to an improving industrial cycle and what the bank called “the cleanest operating model and balance sheet” in the peer group. Analyst Tom O’Malley highlighted a PMI-driven inflection in industrial activity, while Barclays also initiated coverage of Microchip Technology an…
Nebius Group said quarterly capital expenditures surged as it purchased AI processors and expanded data center capacity, adding nine new sites and securing gigawatts of contracted power. Revenue rose sharply year-over-year but missed estimates, while net losses widened. Management expects a substantial revenue run-rate increase by the end of 2026.
Quince Therapeutics plunged nearly 40% in premarket trading after announcing its lead candidate failed to meet trial endpoints. With no other products in the pipeline and limited cash, the company has hired LifeSci Capital to explore strategic options, including a possible reverse merger, while warning of financing, listing and restructuring risks.
ATN International said it has reached an agreement to sell 214 wireless towers located in the Southwestern United States to Everest Infrastructure Partners for up to $297 million in cash. Shares of ATN climbed 15.9% in premarket trading following the announcement. The company expects initial gross proceeds of roughly $250-$270 million, with additio…
LiveRamp Holdings expanded its share repurchase program by $200 million, lifting the total authorization to $1.5 billion and extending the program's expiration to December 31, 2027. The move left roughly $337 million available to repurchase through 2027 and was followed by an 8.4% premarket rise in the stock. Finance leadership framed the action ar…
ICON plc stock dropped 30% after the company said its Audit Committee, with external advisors, is investigating revenue recognition from fiscal 2023 through 2025. The probe prompted withdrawal of full-year 2025 guidance and a delay in quarterly results. Preliminary analyst notes flagged possible revenue overstatements of under 2% for 2023 and 2024,…
Fermi America LLC (NASDAQ:FRMI) shares rose 3.5% in premarket trading after the company reported forward movement in its strategic collaboration with Hyundai Engineering & Construction to restart commercial-scale nuclear construction in the United States. The partners are advancing Front-End Engineering Design for four AP1000 reactors planned for P…
Fidelity Investments is introducing two actively managed exchange-traded funds that invest in collateralized loan obligations (CLOs), joining other asset managers responding to strong investor demand for private credit exposure. One fund targets AAA-rated CLO tranches while the other focuses on lower-rated CLOs from BBB to B-. The move comes as the…
STRATA Skin Sciences Inc saw its shares tumble 60.8% in premarket trading following Nasdaq's decision to delist the company's stock for failure to meet the minimum stockholders' equity requirement. The firm was unable to reach the $2.5 million threshold despite an extension and efforts to raise capital. Trading is set to be suspended at the open on…
