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
Versigent reported robust adjusted core profit and revenue in its first quarter as a standalone public company, unveiled a $250 million share repurchase plan, and reiterated fiscal 2026 guidance. Management expects continued momentum into the next quarter, even as rising copper prices present a near-term margin challenge and caused a modest negativ…
Stocks across market-cap tiers swung on Thursday, with Cisco and Yandex among notable risers while several semiconductor and tech names fell. Mega-cap companies showed mixed performance, large- and mid-cap lists included both steep declines and strong rallies tied to earnings, trial news and new orders, and small-cap names displayed pronounced vola…
RLI Corp. (NYSE:RLI) said Thursday that it will pay a $2.00 per share special cash dividend, in addition to raising its regular quarterly dividend to $0.18 per share, and authorized a share repurchase program of up to $250 million. The moves, which the company said reflect confidence in its long-term strategy, coincide with a 4.9% jump in the stock…
Klarna jumped sharply in morning trading after reporting Q1 2026 results that beat expectations, delivering $1.0 billion of revenue, a near-breakeven EPS, and a substantial year-over-year rise in gross merchandise volume and active customers. The company reiterated full-year guidance and provided Q2 targets that some investors found conservative re…
Broadcom shares climbed sharply in morning trade, up 4.07% to $433.76, after several major brokerage firms raised ratings and price targets and highlighted the firm's prominent role in AI infrastructure. Upgrades and target hikes from Wells Fargo, Wolfe Research and Citi, together with a larger market forecast from Bank of America and signs of easi…
KeyBanc Capital Markets has grown more cautious on Apple, saying the stock's current valuation appears stretched. The firm cites proprietary, field-level spending data that points to an unexpected pullback in U.S. hardware demand and notes limited visibility into international markets. While KeyBanc's near-term revenue model for the fiscal third qu…
Italian infrastructure investor F2i said Thursday it will stay in control of airport operator 2i Aeroporti after CDP Equity signed a term sheet to acquire a minority stake. The non-binding agreement contemplates an 8.9% purchase split between F2i and Asterion; F2i emphasized that the deal will not alter the company's control arrangement and denied …
Nvidia shares climbed after a Reuters report that the U.S. has approved H200 chip sales to roughly 10 Chinese technology firms, including Alibaba, Tencent, ByteDance and JD.com. No shipments have occurred yet. CEO Jensen Huang joined a White House delegation to Beijing and said he hopes improved relations between U.S. and Chinese leaders will help …
Venezuela-owned U.S. refiner Citgo Petroleum reported a first-quarter profit of $157 million, reversing an $82 million loss from the same period a year earlier. The gain coincided with increased crude runs and near-full utilization across its three refineries, though sales volumes fell slightly amid extreme price swings. The company also refined it…
Accelerant Holdings jumped more than 21% in morning trading after reporting first-quarter 2026 results that topped analyst estimates and issuing second-quarter guidance well above consensus. Revenue rose 54% year-over-year, adjusted EPS beat forecasts, and management signaled a faster shift toward third-party, fee-based revenue. The company also re…
StubHub shares jumped nearly 20% in morning trading after the company reported first-quarter 2026 results that exceeded revenue forecasts and marked a return to net profitability. Gross Merchandise Sales rose to $2.2 billion, revenue increased 12% to $446 million, and net income was $48 million versus a loss a year earlier. Adjusted EBITDA expanded…
Marvell Technology rose sharply in morning trade after a combination of positive industry signals and carry-over momentum from the previous session. Cisco’s quarterly report highlighting AI infrastructure orders, fresh price-target increases from BofA Securities and B. Riley, and an Advanced Micro Devices 13F filing all contributed to a buying wave…
Microbot Medical Inc. (NASDAQ:MBOT) shares fell sharply after a short-seller report from White Diamond Research raised doubts about the commercial prospects of the company's LIBERTY Endovascular Robotic System. The report, which includes interviews with surgeons and a disclosed short position, set a $1 price target and highlighted concerns over per…
STAAR Surgical jumped sharply in morning trading after reporting first-quarter 2026 results that materially outperformed expectations. The company posted EPS of $0.10 and revenue of $93.5 million, driven largely by momentum in China following the January launch of the EVO+ ICL and progress resolving distributor inventory issues. Analyst upgrades an…
Barclays projects that annual AI infrastructure spending by Western hyperscalers and AI labs could top $1 trillion, more than $300 billion above current consensus, and has identified five U.S.-listed memory and storage companies poised to benefit. The bank's list reflects a broad recovery in the memory sector after a 2023 supply glut and spotlights…
Airlines across the globe have reworked schedules following severe disruption tied to conflict in the Middle East. Regional carriers are increasing capacity where possible, while numerous international airlines are either suspending services, cancelling specific routes, delaying launches or rerouting flights to avoid hubs in affected airspace. Belo…
Concorde International Group Ltd. (NASDAQ:YOOV) saw its stock soar in premarket trading after announcing multiple multi-year contracts exceeding $10 million to provide integrated, technology-driven security solutions across industrial zones, business districts and community precincts in Singapore. The deals call for deployment of the company’s i-Gu…
Gilead Sciences has initiated an investment-grade bond offering for the first time in roughly 18 months. The company is marketing notes in up to four tranches with maturities from two to eight years, and initial pricing indications show the longest maturity trading about 0.8 percentage point above comparable Treasuries. Proceeds will support genera…
Qualys Inc. reported that its TotalCloud solution received FedRAMP High Authorization, sponsored by the U.S. Drug Enforcement Agency, extending the Qualys Government Platform's FedRAMP High status to include Cloud-Native Application Protection Platform. The announcement coincided with a 1.7% premarket uptick in QLYS shares. TotalCloud is now listed…
Futures tied to Canada’s primary equity gauge were higher Thursday morning as markets parsed a headline-grabbing meeting between U.S. President Donald Trump and Chinese leader Xi Jinping. Investors also digested hotter inflation signals, slowing retail momentum in the U.S., and persistent oil-price pressure tied to disruptions around the Strait of …
Lifeway Foods Inc. shares tumbled in premarket trading after Danone USA Public Benefit Corporation priced a secondary offering of Lifeway common stock. The offering, which does not raise proceeds for Lifeway, is set to close on May 19, 2026, while Lifeway said it will repurchase about $5.0 million of shares conditional on the offering's completion.…
Workspace Group PLC shares inched up 0.18% to 328.2p in today’s trading as conflicting analyst calls and an ongoing activist campaign produced a mixed market reaction. Stifel Nicolaus retained a Buy rating while Deutsche Bank downgraded the stock to Hold, citing a slower-than-expected recovery and strategic repositioning that is weighing on near-te…
TD Cowen upgraded Starbucks to Buy and raised its price target to $120, citing confidence in the longevity of the North America turnaround after meetings with company leadership. The firm boosted fiscal 2026-2028 EPS forecasts and now models higher fiscal 2028 operating margins, attributing expected margin recovery to easing coffee costs, substanti…
Upstart Holdings Inc (NASDAQ: UPST) saw its shares rise modestly in premarket trading after Chief Executive Officer Paul Gu purchased additional company stock through a family trust. The Form 4 filing shows a 50,000-share acquisition on May 13, 2026, at $27.50 per share. The filing and subsequent ownership disclosures outline Gu's mix of direct and…
Cerebras Systems began trading on the Nasdaq Global Select Market after pricing 30 million shares at $185 each, raising $5.55 billion and implying a fully diluted valuation above $56 billion. The offering was heavily oversubscribed, and the debut will serve as an indicator of investor interest in forthcoming AI-related IPOs.
