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
Shares of Ingram Micro Holding Corporation fell 6.4% on Wednesday after Ingram Holdco, an affiliate of Platinum Equity, priced a secondary offering of 12.7 million shares at $26.00 per share. Ingram Micro will not sell shares in the transaction but has authorized a concurrent $30 million repurchase of common stock from the underwriters at the same …
Dow Inc. shares dropped sharply after reports that Washington and Tehran are nearing a one-page memorandum that could end hostilities and begin negotiations to reopen the Strait of Hormuz and lift sanctions. Chemical and fertilizer names that had benefited from elevated prices amid regional tensions fell across the board.
DeepSeek, the Hangzhou-based artificial intelligence startup, is holding advanced discussions with government-backed investors to raise several billion dollars. Recent talks have placed the firm's valuation at about $50 billion, up from prior ranges between $10 billion and $30 billion. A state-backed fund with roughly $8.8 billion in capital is rep…
Barclays downgraded Abercrombie & Fitch Co. to an Underweight rating and reduced its price target by 20% to $76, signaling modest downside from the retailer's recent trading level of $78.97. The firm pointed to deeper promotions at Hollister, a crowded apparel landscape, tariff pressures and a likely normalization of operating margins after a peak …
Rush Street Interactive (RSI) shares declined sharply after trusts tied to the company’s senior executives priced an underwritten secondary sale of 10 million Class A shares at $26.00 apiece. The offering, which does not include shares from the company itself, is expected to close on May 7, 2026, and will be accompanied by a repurchase of 1,153,846…
Shares of Oklo Inc rose more than 6% at the opening bell Wednesday after the U.S. Nuclear Regulatory Commission approved the Principal Design Criteria topical report for the company’s Aurora powerhouse in Idaho. The approval creates a formal regulatory framework for safety, reliability and performance requirements that Oklo can cite in future filin…
Jet fuel prices have climbed dramatically from roughly $85-$90 per barrel to between $150 and $200 per barrel amid the U.S.-Israeli war on Iran, prompting carriers across the globe to raise fares, impose or increase fuel surcharges, cut capacity and withdraw or downgrade financial guidance. Below is an alphabetical account of actions taken by airli…
Bank of America identified two restaurant chains as notable opportunities after first-quarter results, keeping a Buy rating on First Watch Restaurant Group (FWRG) with a $19 price target and a Neutral rating on Portillo's (PTLO) with a $6 target. Both companies posted same-store sales beats and showed operational trends that influenced updated fisc…
BTIG has added Palo Alto Networks to its Top Picks focus list and increased its price target to $216 from $200 after field checks signaled durable demand and accelerating adoption of the company's platform offerings. Analyst feedback from channel partners and product contacts highlighted Prisma SASE strength, positive views on cloud security transi…
Futures tied to Canada’s principal equity gauge jumped on Wednesday as growing indications that the U.S. and Iran could be approaching a deal to end their months-long conflict eased some geopolitical risk. The move came alongside a pullback in oil and a spike in gold, while corporate earnings from chipmaker AMD and others shaped premarket activity …
Banco Santander SA shares climbed in premarket trade after reports indicated the bank is exploring a significant risk transfer (SRT) linked to roughly €500 million of buy-now-pay-later loans originated by Openbank for German customers. The move would be Santander's first SRT tied to BNPL credit and comes amid record demand for SRT issuance from ins…
Terrestrial Energy Inc. shares climbed 18% following an announced memorandum of understanding with Riot Platforms to examine co-locating Terrestrial Energy’s IMSR nuclear plants with Riot-developed data centers for AI and high-performance computing workloads. The deal contemplates evaluating multiple Riot sites, including locations in Texas and Ken…
Entergy Corporation priced a follow-on equity placement of about 19.25 million shares at $113 each, raising roughly $2.175 billion via two-year forward sales agreements with major bookrunners. The stock fell about 3.6% in pre-market trading following the announcement. Net proceeds are earmarked for general corporate purposes, including repayment of…
Blue Owl Capital Inc shares ticked up modestly in premarket trading following a media report that Stack Infrastructure Inc., the data center business owned by Blue Owl, is weighing a sale of its Asia operations. The discussions are described as preliminary and could involve a partial or full disposal of assets across Australia, Japan and Malaysia, …
A batch of Form 4 filings made public on Tuesday shows meaningful insider action across several U.S. listed companies. Notable buys included director purchases at Avantor, Ecolab and First Busey, while outsized disposals were reported by executives at Regency Centers, Micron Technology, Amphenol, FTAI Aviation and a large block sold by Berkshire Ha…
A CMA CGM container vessel was hit while passing through the Strait of Hormuz, wounding crew and damaging the ship, the French carrier said. The incident took place amid a wider U.S.-Iran conflict that has left maritime traffic in the waterway largely suspended and disrupted a sizable share of global oil movements.
Microsoft is evaluating whether to postpone or drop its 2030 objective to match 100% of its hourly electricity use with zero-carbon purchases, according to people familiar with internal discussions. The 100/100/0 commitment, announced in 2021, sought hour-by-hour matching from the same grids the company draws power from - a step beyond the annual r…
EBRO plans to produce between 25,000 and 30,000 vehicles in Barcelona this year, potentially about twice last year’s volume, and expects to be profitable after a 16.3 million euro net loss in the prior year. The company, which resumed activity in 2024 after a long hiatus, owns 60% of a joint venture with Chery that will use a former Nissan plant; C…
Saudi Arabia's stock market closed lower Wednesday, with the Tadawul All Share index falling 0.52% to a one-month low. Losses in Petrochemicals, Industrial Investment and Telecoms & IT sectors drove the decline even as several individual names posted double-digit swings. Oil prices dropped sharply and gold futures rose, while currency moves were mo…
Alaska Air announced a $500 million debt offering to strengthen liquidity after a sharp rise in jet fuel costs tied to recent military strikes and disruptions in oil supply. The carrier will issue five-year notes maturing in 2031 while airlines worldwide implement capacity cuts, baggage fees and fuel surcharges to manage the higher fuel bill. Rival…
Ernexa Therapeutics reported preclinical results indicating its lead cell therapy candidate, ERNA-101, produced complete tumor clearance and 100% survival in syngeneic ovarian cancer models when paired with PD-1 blockade. The company plans to move toward a first-in-human trial and expects to expand indications following a clinical proof-of-concept …
Global Mofy Metaverse saw its shares spike in pre-market trading after announcing that its U.S. arm, Eaglepoint AI Inc., was accepted into the Nvidia Inception Program. The selection connects Eaglepoint AI - which provides data annotation, governance, and AI model training support - with resources and industry pathways that the program offers to AI…
A broad wave of upside results in the Q1'26 earnings season has coincided with significant short-term gains for several stocks identified by an AI-driven selection process. Of note, IQVIA surged after an earnings beat and is up more than 11% in days following a model-backed recommendation. Multiple other model-selected names have produced outsized …
Coinbase shares pared earlier gains after a Bloomberg report said Morgan Stanley is rolling out cryptocurrency trading on its ETrade platform at a fee of 50 basis points per transaction. The offering is in pilot stage, with full access for ETrade's 8.6 million clients expected later this year, and represents a direct pricing challenge to Coinbase a…
Bank of America reports that its clients were sizable net purchasers of U.S. equities last week, producing a record $6.8 billion in equity ETF inflows — the largest weekly total since the firm began tracking flows in 2017. Single-stock inflows of $1.9 billion were recorded, the first such buying since early March, as the S&P 500 rose 0.9% and reach…
