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.
30,167 total articles
Fortinet shares jumped sharply in premarket trading after the cybersecurity firm reported a much stronger-than-expected first quarter. Billings, revenue and non-GAAP earnings all beat analyst forecasts, and BTIG responded by raising its rating to Buy and setting a $125 price target. Management highlighted momentum across Unified SASE, operational t…
Morgan Stanley's latest Eurozone Banks report identifies a concentrated roster of banks it views as well positioned to outperform as the region's lending backdrop improves. After two years of turbulence driven by rate shocks and deposit repricing, loan growth across the eurozone is reaccelerating, deposit dynamics remain sturdy, and banks are seein…
Jefferies has maintained buy recommendations across major UK domestic banks despite a sector de-rating of more than 15% since January. The brokerage raised medium-term EPS forecasts and increased its terminal base-rate and five-year swap assumptions, while highlighting a strong structural hedge position and accelerating private sector credit growth…
Melia Hotels expects robust sales in Spain this summer as geopolitical tensions in the Middle East prompt travelers to alter plans toward Mediterranean and Caribbean destinations. CEO Gabriel Escarrer told shareholders that bookings at the group's luxury resorts and urban hotels in Spain are rising in double digits, and the company has lifted its E…
BMO Capital Markets upgraded Prologis to Outperform from Market Perform and increased its price target to $162 from $137, highlighting the company’s expanding role in data center development and leasing. The broker emphasized a secured and late-stage pipeline totaling 3.7 gigawatts of leaseable capacity, rising data center starts and a multi-billio…
Sarepta Therapeutics saw its stock tumble in premarket trading after reporting a sharp decrease in first-quarter revenue from its gene therapy Elevidys. The company attributed the decline in sales volume to an updated label that limits treatment to patients who can walk - a change issued by the FDA following safety concerns and patient deaths. Over…
Citigroup shares fell 3.1% in premarket trading after the bank's investor day presented a phased ROTCE plan: 10%-11% for 2026, 11%-13% for 2027-2028 (excluding notable items), and a medium-term 14%-15% range for 2029-2031. Analysts said the near-term trajectory and clarity on capital returns will be closely watched by investors.
Early prescribing and sales data for oral GLP-1 weight-loss pills have pushed up shares of Novo Nordisk and Eli Lilly. Strong initial uptake, substantial self-pay volumes and signs that many users are treatment-naive suggest oral formulations could broaden the obesity treatment market beyond existing injectable users, though pricing erosion and com…
Jefferies' channel checks show a deterioration in demand for China white goods in April and the first days of May versus the first quarter of 2026, with air conditioners leading the slowdown. Early May retail sales fell by double-digit percentage points year-on-year during the May 1-5 period. Retail prices have risen an estimated 3% to 5% year-to-d…
Citigroup unveiled a new adjusted return on tangible common equity (ROTCE) target of 11% to 13% for 2027 and 2028, signaling confidence in CEO Jane Fraser’s multi-year reorganization. The goal exceeds the bank’s current-year ambition of 10% to 11% and follows a strong first quarter in which Citi posted a 13.1% ROTCE and its highest quarterly revenu…
Papa John’s International reported first-quarter revenue and adjusted earnings below analyst expectations as customer visits lagged, particularly in the U.S., amid elevated living costs. North America comparable sales declined for a third straight quarter and shares fell in premarket trading. The company maintained its full-year guidance while an o…
Americold Realty Trust and EQT’s Active Core Infrastructure fund have agreed to form a joint venture centered on temperature-controlled warehouses across North America. Americold will contribute 12 facilities valued at more than $1.3 billion at inception, with EQT taking a 70% ownership stake and Americold holding 30% while continuing to manage day…
Kenvue reported first-quarter results that exceeded analyst expectations, driven by strength in its skin health and beauty portfolio. The consumer health company posted adjusted earnings of $0.32 per share and quarterly net sales of $3.91 billion. Kenvue is in the process of being acquired by Kimberly-Clark in a deal valued at roughly $40 billion, …
Advanced Inhalation Rituals plans to commission a 70,000-square-foot manufacturing plant in Romania in Q1 next year. The facility, AIR's ninth globally, is designed to produce more than 4,000 tons of flavored shisha molasses annually and to employ over 150 people. The move supports operational strength and supply-chain flexibility as the Dubai-base…
eBay has permanently suspended GameStop CEO Ryan Cohen’s account after Cohen listed about 25 personal items for auction on the platform as part of a publicity stunt linked to his unsolicited $56 billion takeover bid for eBay. The listings — which included GameStop store signs, video games, a carpet square, a mug that drew more than $3,000 in bids a…
Recent dealer checks conducted by Baird indicate a softening in U.S. new-boat retail sales in April, with a notable shift toward used and brokerage units. Dealers reported growing new-boat inventory levels and weaker current sentiment, while citing factors such as limited manufacturer promotions, fuel cost pressure tied to the war with Iran, and ta…
Rare Earths Americas Inc. completed an upsized initial public offering that generated about $63.3 million in gross proceeds from the sale of 3,333,331 common shares. The company, focused on heavy rare earth projects in the United States and Brazil, began trading on NYSE American under the ticker REA. Net proceeds will fund operations at the Shiloh …
Amazon said it will carry Novo Nordisk's Ozempic pill for type 2 diabetes at its pharmacy kiosks and provide same-day delivery in select areas, expanding its distribution of GLP-1 medications alongside existing offerings such as Wegovy. The company detailed pricing, kiosk availability, and delivery reach while reiterating prior investments to broad…
Electric vehicle maker Polestar reported a larger first-quarter net loss as pricing discounts in Europe and U.S. tariffs weighed on profitability despite a modest rise in deliveries. Revenue held roughly steady while cash reserves declined and expenses rose, prompting the company to accelerate business-model and manufacturing-efficiency changes wit…
McDonald’s reported U.S. comparable sales growth of 3.9% in the first quarter, missing Wall Street expectations of a 4.2% increase. The company broadened its value platform with new $3 and $4 tiers in April, but those lower-priced offers and limited-time menu items were insufficient to fully restore demand as customers contend with higher fuel and …
Citi Research has moved Telia, Tele2 and Telenor from buy to neutral and kept Elisa at neutral, citing slower underlying EBITDA momentum, the near-term loss of some wholesale revenue, and the annualisation of cost savings. Q1 results showed price-driven service revenue gains but firm warned that much of the profit uplift was driven by FY25 cost red…
Tapestry raised its fiscal 2026 revenue and earnings guidance after reporting quarterly results that beat analyst estimates, citing resilient demand for Tabby handbags and other leather goods among younger, affluent customers. The company reported broad-based strength with double-digit growth in its two largest regions and signaled continued invest…
DoorDash shares climbed sharply in premarket trading after the delivery platform forecast robust total order value for the second quarter, driven by increased demand for food and grocery delivery, growth in membership sign-ups, and expanded grocery partnerships in the U.S. and Canada. The company flagged higher fuel assistance costs and a slight co…
Berenberg has initiated coverage of Chapters Group AG with a "buy" recommendation and a price target of €42 per share, citing the Hamburg-based holding's exposure to Europe’s fragmented vertical market software sector and a strategy of acquisitions combined with operational upgrades. The broker projects substantial revenue and adjusted EBIT growth …
India's equity benchmarks ended Thursday with modest declines, led by weakness in Fast Moving Consumer Goods, Healthcare and Technology stocks. The Nifty 50 finished down 0.02% and the BSE Sensex fell 0.15%, while a number of auto and insurance names posted solid gains. Market breadth was positive across both exchanges and volatility measures eased…
