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
Compass Minerals has agreed to a memorandum of understanding with EnergyX, a General Motors-backed technology startup, that would, if finalized, bring EnergyX investment of more than $400 million to deploy direct lithium extraction (DLE) technology at the Great Salt Lake in Utah. The lake is estimated to hold in excess of 2.4 million metric tons of…
Compass Pathways shares jumped sharply in pre-market trading after the company reported better-than-expected first-quarter results and secured an accelerated regulatory path for its COMP360 psilocybin therapy. A rolling New Drug Application review, a Commissioner’s National Priority Voucher, and a string of analyst upgrades helped push the stock we…
Commerzbank AG’s management and supervisory boards have jointly recommended shareholders reject UniCredit S.p.A.’s voluntary public takeover offer, arguing the proposal does not present an adequate premium, undervalues the bank, and poses risks to its existing business. The banks contend Commerzbank will deliver greater shareholder value by pursuin…
On May 18, Anglo American announced the sale of its Queensland steelmaking coal mines in the Bowen Basin to UK-based Dhilmar for up to $3.88 billion. The transaction includes $2.3 billion in upfront cash and up to $1.58 billion of contingent payments tied to coal prices, with proceeds designated to reduce debt as Anglo pursues a merger with Canada'…
Evercore ISI strategist Julian Emanuel places a base-case target of 7,750 for the S&P 500 by year-end 2026, while assigning a 30% probability to a bull case that would propel the index to 9,000. Emanuel argues that a confluence of a structural, technology-led market and sweeping geopolitical change is widening potential outcomes, and he highlights …
Alphabet’s YouTube, Snap and TikTok have agreed to settle claims by a rural Kentucky school district that argued social media platforms contributed to a youth mental health crisis and forced schools to bear related costs. The settlements, filed in federal court in Oakland, California, resolve Breathitt County School District’s suit against those th…
India's major stock indices ended Monday with modest gains, led by Technology, IT and Green Energy sectors. The Nifty 50 ticked up 0.03% at the NSE close while the BSE Sensex added 0.10%. Tech Mahindra, Infosys and Bharti Airtel were among the session's strongest performers, while Tata Steel, Power Grid and NTPC registered notable declines.
Deutsche Bank downgraded its recommendation on BPER Banca S.p.A. from buy to hold but left the €13.40 price target unchanged after first-quarter 2026 results showed widespread outperformance across Italian banks and asset gatherers. Analyst Giovanni Razzoli described the quarter as another strong set of results, with banks and asset gatherers beati…
Ford Motor said it will begin manufacturing a compact version of the Bronco SUV at its Valencia, Spain plant in 2028 and roll out seven new models across Europe by the end of 2029. The plan includes five passenger vehicles built in Europe for European buyers and two commercial models under the Ford Pro banner, while the company pursues software and…
Shares of Future Plc dropped more than 9% on Monday after Stifel downgraded the media group to "hold" from "buy" and reduced its price target from 990p to 355p. The broker cited ongoing top-line decline, the company’s struggle to migrate brands to a channel-agnostic model, and increasing exposure to Google Discover as AI reshapes search traffic. St…
Citi updated its outlook for the server CPU market and lifted price targets on Intel and AMD after building a new TAM model that projects growth from $29.3 billion in 2025 to $131.5 billion by 2030. The bank divides the CPU market into general-purpose CPUs, AI head nodes, and agentic CPU applications, with the latter forecast to expand most rapidly…
A senior Indian petroleum ministry official told reporters that the country has been buying Russian crude before, during and after the U.S. waiver period, stressing commercial rationale for purchases and saying supplies remain sufficient. The ministry also reported daily revenue losses for state fuel retailers of about 7.5 billion rupees and said t…
Dozens of state-level bills seeking to limit or eliminate mandatory vaccinations failed this year after public health organizations mobilized lobbying campaigns that convinced Republican legislators in multiple states to oppose the measures. The setbacks represent a series of defeats for groups aligned with the "Make America Healthy Again" coalitio…
Elon Musk told attendees at a mobility summit that Tesla already has self-driving cars running in Texas without human safety monitors and that the deployment will broaden across the United States before year-end. He reiterated long-term predictions about autonomous driving's dominance and discussed developments at SpaceX on reusable rockets and pla…
Ryanair Chief Executive Michael O’Leary said he does not expect a jet fuel shortage to force cancellations across Europe this summer, describing fuel supplies as robust. He also cited positive signals from Boeing on the MAX 10 certification timeline, said the carrier will agree significant crew pay increases this year, and highlighted the company’s…
Xpeng has started mass production of its inaugural robotaxi at its Guangzhou headquarters, deploying a vehicle built on the company’s GX platform. The automaker plans pilot operations in the second half of this year and aims to introduce fully driverless services by early 2027, while projecting production of hundreds to thousands of units over the …
A New York judge will rule on whether items recovered from the backpack of the man accused of killing a UnitedHealthcare executive can be admitted at his state murder trial. Defense attorneys contend the backpack search and post-arrest questioning were unlawful; prosecutors say officers followed procedures and point to additional forensic and video…
A near-closure of the Strait of Hormuz tied to the U.S.-Israeli war with Iran is disrupting global oil and liquefied petroleum gas (LPG) flows. India has moved to prioritize LPG for household cooking, cutting alkylate output used as a gasoline additive. That reduction is worsening an already tight California gasoline market, contributing to the sta…
Ford said on Monday it will introduce seven new models in Europe by 2029, including five passenger vehicles (among them a small electric car and a compact electric SUV) and new commercial offerings. The move accompanies ongoing restructuring in Germany and a public critique of EU policy that the company says should account for consumer demand and s…
Companies operating global capability centres in India are hiring more selectively as geopolitical uncertainties and accelerating adoption of artificial intelligence prompt caution, according to the CEO of ANSR. Firms are reducing planned headcounts by significant margins, downsizing some centre ambitions and relying more on scalable, flexible work…
HSBC upgraded Shell and Repsol from Hold to Buy, increasing price targets for both names as stronger-than-expected earnings momentum, improved cash generation and a higher 2026 Brent assumption underpin the moves. Repsol's refining outperformance and Shell's acquisition of ARC Resources were highlighted as key drivers that enhance medium-term visib…
The USD/IDR rate jumped to a fresh record amid a broad market selloff after a two-day holiday, driven by global inflation concerns, geopolitical tensions and large-scale index-driven foreign selling. Weakening reserves, substantial equity outflows and rising US yields added to the currency's pressure as investors brace for a possible Bank Indonesia…
NextEra Energy shares fell in pre-market trading after reports over the weekend said the company is in advanced talks to buy Dominion Energy in a predominantly stock-financed transaction. The proposed combination, which could value Dominion at roughly $66 billion and create a utility group worth more than $400 billion including debt, has triggered …
Baidu Inc. jumped in pre-market trading after reporting first-quarter 2026 results that exceeded consensus on both revenue and adjusted profit per ADS. The company highlighted robust growth in AI-powered businesses, with AI-related revenue exceeding half of core business revenue for the first time and cloud infrastructure posting a sharp increase. …
Ipsen SA reported promising mid-stage results for its synthetic long-acting neurotoxin corabotase, showing substantially higher six-month responder rates than its existing Dysport and placebo, along with rapid onset and sustained patient satisfaction. Nonetheless, the company's shares dropped over 4% as investors reacted to lingering questions abou…
