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.
30,142 total articles
A legal battle between online fast-fashion rivals Shein and Temu moved to London’s High Court on Monday as Shein accused Temu of using thousands of its photographs to advertise imitation Shein-branded clothing on Temu’s site. Temu denies the claim and noted a prior April ruling in its favor on a subset of listings; both companies frame the litigati…
Bank of America credit and debit card aggregates for April show total household spending up 4.8% year-over-year and up 0.6% month-over-month on a seasonally adjusted basis. Spending at home improvement retailers slid 1% year-over-year in April, while outlays for housing-related services climbed 4% year-over-year and remained well above April 2019 l…
Navitas Semiconductor shares fell more than 5% in morning trading after the company filed a $125 million at-the-market (ATM) common stock offering on May 11, 2026. The ATM sits under a $250 million shelf registration and comes amid deteriorating quarterly results and a strategic shift to AI data-center customers, raising investor concerns about dil…
BuzzFeed shares jumped sharply after Allen Family Digital agreed to purchase 40 million shares for $120 million, a deal that would give Byron Allen's family office about 52% of BuzzFeed's Class A stock. The transaction includes $20 million in cash at closing and a $100 million secured promissory note due in five years with 5% interest. The agreemen…
Parsons Corporation said it secured a multiple award task order from the U.S. Air Force and the 75th Civil Engineer Group at Hill Air Force Base, a program worth up to $136 million that covers architect-engineer services across the installation and spans an 8.5-year performance window. The announcement coincided with a 1.9% premarket uptick in the …
A senior Pentagon official told lawmakers that U.S. military activity in Iran has reached $29 billion in costs, up $4 billion from an estimate issued in late April. The updated total covers repair and replacement of equipment and operational expenses, but Pentagon officials have not provided a detailed breakdown of the added $4 billion. Lawmakers r…
AeroVironment received a three-year, $43 million contract from the Department of War Test Resource Management Center to integrate its PANTHER phased array antenna system on DoW SkyRange platforms. The deal is intended to advance airborne telemetry for weapons testing by providing rapidly deployable, multi-target tracking antennas. The company is in…
C3 AI reported preliminary fiscal fourth-quarter revenue of $51.6 million, a 53% year-over-year decline, landing at the high end of its guidance and slightly above consensus. The company posted a narrower-than-expected non-GAAP operating loss, while the pace of new contracts slowed. Founder Thomas M. Siebel returned as CEO in May and said his healt…
Dreamland Limited (NASDAQ:TDIC) surged 59% in premarket trading Tuesday after announcing that its subsidiary Trendic International Limited has signed a memorandum of understanding with Hong Kong-based LinkFung Innovation Limited. The agreement sets out plans to develop an AI-powered intelligent image library with face detection, automated tagging, …
Plug Power's shares jumped in premarket trading after the company reported a first-quarter adjusted loss smaller than analysts expected and revenue that topped estimates. Management highlighted benefits from its integrated hydrogen platform and steady demand across core markets, and reiterated plans to monetize hydrogen project assets that are expe…
NEC Corporation unveiled a medium-term objective to reach approximately 800 billion yen in non-GAAP operating profit for the fiscal year ending March 2031. The goal implies a compound annual growth rate of 15% and represents twice the operating profit the company expects for fiscal 2026. Citi analysts had expected a lower range of 600-700 billion y…
Coincheck Group shares climbed sharply in premarket trading after KDDI Corporation agreed to a $65 million equity investment in Coincheck Group and a separate business alliance with Coincheck, Inc. The transaction includes subscription to newly issued shares, customer referral provisions, and governance rights for KDDI upon closing, which is expect…
aTyr Pharma's stock fell about 15% in premarket trading after the company outlined plans for a new global Phase 3 trial of efzofitimod in pulmonary sarcoidosis. The company said it will file an investigational new drug application in June 2026 following FDA feedback, and that the randomized, double-blind, placebo-controlled study will enroll roughl…
Affirm Holdings announced an expanded collaboration with Google to embed its buy now, pay later (BNPL) option across Google Search, AI Mode, and the Gemini app through Google Pay. The integration will let shoppers select Affirm at checkout, trigger a real-time eligibility decision, and present payment-plan terms up front. Affirm began hosting an ea…
Insider disclosures filed for the period through Monday, May 11, 2026, show notable accumulation by directors and affiliated funds at GeneDx Holdings Corp. and Pulse Biosciences, while large blocks from private-equity-associated entities and affiliate holders were sold in Life Time Group, DigitalOcean and other companies. Transactions were executed…
Rigel Pharmaceuticals saw a premarket increase in its share price after announcing a global licensing agreement for Veppanu, a recently approved therapy for a genetic subset of advanced breast cancer. The deal includes an upfront payment, contingent transition payments, and potential milestone and royalty obligations to the drug’s originators.
Bernstein identifies Five Below and Target as the U.S. retailers most likely to exceed Wall Street consensus in the first quarter, while flagging fuel inflation, general price pressures and cuts to food-stamp transfers as headwinds for lower-income focused discounters. The firm says Costco could also beat but faces fuel-related pressure, and notes …
Bank of America analysts say a potential Intel-Apple manufacturing partnership could trigger substantial capital spending in Europe’s semiconductor equipment industry. BofA highlights ASML, ASM International and BE Semiconductor Industries as the principal firms likely to capture the bulk of demand for lithography, deposition and advanced packaging…
Saudi Arabia's equity market closed lower on Tuesday, with the Tadawul All Share index finishing down 1.07%. Losses centered in the Energy & Utilities, Media & Publishing and Transport sectors. A small group of mid-cap and small-cap stocks outperformed, while several names hit 52-week extremes. Oil prices moved higher and the dollar strengthened ag…
Waymo is recalling 3,791 robotaxis equipped with its fifth- and sixth-generation automated-driving system after a software flaw was found that can cause vehicles to drive into flooded roadways. The company has added operational restrictions to affected systems while engineers work on a permanent remedy, and the action follows an April 20 incident i…
Benchmark began coverage of Dexcom with a Buy rating and a $77 price target, arguing that the company is set to expand margins materially over the next two years. The call centers on the broader rollout of Dexcom's G7 15 Day continuous glucose monitor, manufacturing scale benefits from discontinuing the G6, and expected international and reimbursem…
Arvinas Inc and Pfizer have struck a licensing agreement with Rigel Pharmaceuticals granting Rigel exclusive rights to develop, manufacture and commercialize VEPPANU globally while Arvinas and Pfizer retain responsibility for ongoing development work. Arvinas shares climbed 4.3% in premarket trading and Pfizer shares rose 0.3% after the deal was an…
Memory-chip names have surged across the board over the past month, led by Micron’s dramatic 90% gain. Market attention on the composition of a U.S. presidential trade delegation to China, coupled with escalating labor concerns at Samsung’s DRAM and NAND fabs, appear to have been the proximate catalysts behind the recent buying interest.
Adeia Inc. saw its stock rise 6.8% in premarket trading Tuesday after announcing a new multi-year intellectual property license agreement with Google that renews and expands Google’s access to Adeia’s media IP portfolio. The partnership continues a customer relationship that began in 2012 and covers technology used across streaming, connected TV, a…
Citi raised its price target on Broadcom to $500 and reiterated a Buy rating, projecting stronger-than-consensus results for the chipmaker's upcoming fiscal second-quarter. The bank's forecast hinges on accelerating AI-driven sales, a growing contribution from major cloud and AI customers, and valuation support from rolling forward estimates into f…
