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.
18,029 total articles
United Airlines Chief Executive Scott Kirby told investors he does not foresee the carrier pursuing consolidation in the foreseeable future after American Airlines declined to engage on a potential merger. Kirby said a large-scale transaction made sense economically only with a willing partner, which he does not have. He also dismissed the idea of …
CBS News did not renew the contract of Sharyn Alfonsi, a correspondent for 60 Minutes who publicly clashed with Editor-in-Chief Bari Weiss over the decision to withhold a December segment on a Salvadoran mega-prison. Alfonsi says she remains employed at CBS but does not expect to return to 60 Minutes. The episode has prompted internal criticism and…
Meta Platforms shares rose over 1.1% after reports the company is launching paid subscription tiers for Instagram, Facebook and WhatsApp and beginning trials of professional and AI-focused plans. Monthly prices for Instagram Plus and Facebook Plus are set at $3.99, and WhatsApp Plus at $2.99; subscribers will gain access to enhanced customization, …
Markets displayed pronounced cross-cap volatility on Wednesday, with large technology and financial names among the heaviest decliners while selected mid- and small-cap companies registered double-digit gains. Semiconductor and mega-cap technology stocks such as Qualcomm and Arm were notably weaker, even as companies like Dycom Industries and Manda…
United Airlines CEO Scott Kirby told investors he is increasingly confident the carrier can achieve double-digit pretax margins next year, citing lower oil prices, resilient demand and the planned installation of Starlink across the fleet as factors supporting the recovery from higher fuel costs driven by the Iran war.
Traders face a heavy slate of economic reports on Thursday, May 28, 2026, including Gross Domestic Product, the Federal Reserve’s preferred inflation gauge - the Core Personal Consumption Expenditure Price Index - and Initial Jobless Claims. Housing data, durable goods orders and multiple Energy Information Administration oil inventory updates roun…
Peter Diamandis, an early investor in SpaceX, told Bloomberg Television that a merger between SpaceX and Tesla is unavoidable and hinges only on timing. He argued the move would provide Elon Musk with the concentrated voting power he holds at SpaceX but lacks at public Tesla, and would enable integrated operations across terrestrial and space-based…
Funding Circle's chief executive said institutional investors continue to buy small business loans even as credit markets fluctuate, while the firm shifts its product mix away from pure term lending and leans into a technology-led productivity push. The company entered 2026 with in excess of a32 billion in future funding commitments after signing f…
A ceasefire in the months-long proxy battle with founder Chip Wilson removes a major overhang for Lululemon and allows incoming CEO Heidi O’Neill to concentrate on restoring the brand. The company’s roughly $1.8 billion net cash position gives Lululemon flexibility to invest in product refreshes, retail updates and international expansion, even as …
A federal judge in Newark has ruled that Jazwares, the maker of Squishmallows and a Berkshire Hathaway-owned company, must defend itself against a trademark infringement lawsuit brought by Kidrobot. The judge found the case contains numerous disputed facts and rejected Jazwares' argument that Kidrobot's HUGME mark is generic.
Wells Fargo upgraded MSCI to Overweight from Equal Weight and increased its price target to $700 from $650. The bank highlighted accelerating demand for data-driven strategies and expanding opportunities tied to artificial intelligence, citing strong Index business sales, deep embedding of MSCI datasets in quant workflows, and potential cost saving…
S&P Global Ratings moved its outlook on Sabra Health Care REIT Inc. (NYSE: SBRA) to positive from stable and kept all existing ratings in place, citing a stronger credit position tied to the company’s rapid expansion of its managed senior housing portfolio and solid credit metrics. Sabra has grown its operating portfolio, increased private-pay …
Summary: S&P Global Ratings raised Century Aluminum Co.'s corporate credit rating to 'B' from 'B-' and upgraded its senior secured debt to 'B+' from 'B', citing stronger credit metrics and expectations that Century's debt-to-EBITDA will fall below 2x in fiscal 2026 and thereafter. The ratings firm also revised aluminum price assumptions higher for …
Capgemini told investors that artificial intelligence is shifting client spending away from narrow IT budgets toward broader operational programs, a development the company says will broaden its addressable market rather than shrink it. Executives highlighted growing demand across business functions, a sales pipeline exceeding $12 billion, and work…
Movado Group Inc. shares climbed sharply after the firm reported first-quarter fiscal 2027 results that beat analyst expectations across earnings, revenue and adjusted EBITDA. The watchmaker posted adjusted EPS of $0.32 and revenue of $142.4 million, with notable margin expansion and an increase in adjusted operating profit. Management declined to …
FedEx Corp. shares climbed sharply in mid-day trade after JPMorgan raised its rating and ahead of the near-term separation of the company’s freight unit. The stock hit a fresh 52-week high as analysts reiterated bullish views and when-issued trading for the FedEx Freight spinoff began, tightening focus on the parent company ahead of fiscal fourth-q…
The Federal Aviation Administration has ordered SpaceX to investigate a mishap in which the Super Heavy booster from the Starship Flight 12 launch crashed into the Gulf of Mexico after stage separation. The FAA will supervise the company-led probe, participate in every step, and must approve the final report and any corrective actions before allowi…
The Federal Aviation Administration has directed SpaceX to investigate a booster failure that occurred during the company’s May 22 Starship test flight. The FAA has paused additional test launches until it receives and approves the company’s investigation and any corrective actions. No public injuries or property damage were reported.
Apex Service Partners, the residential services platform backed by Alpine Investors, is reportedly nearing a deal to sell a minority stake that would place the company’s enterprise value at about $10 billion including debt. The process has involved Goldman Sachs, while details on the investor and exact stake size remain undisclosed. Apex operates H…
Ferrari's debut all-electric model, the Luce, has provoked widespread reaction for its departure from the marque's traditional sports car silhouette. Unveiled in Rome and shown to national figures, the four-door, five-seat vehicle drew sharp criticism online and from some public figures, while analysts note the model may be a strategic statement to…
Tencent Holdings Ltd shares fell about 1.1% to HK$434.4 amid a fourth consecutive day of net southbound outflows that have taken roughly HK$21.28 billion from Hong Kong listings. Positive corporate developments - including WeChat Pay integration with PayPal users, mass production and competition wins for the Canghai V2 codec chip, and a company sha…
Seaport Research Partners started coverage of GE Aerospace with a Buy recommendation and a $375 price target, saying recent share weakness creates an attractive entry for investors who expect an extended aviation aftermarket upswing. The firm projects robust aftermarket revenue growth, rising adjusted EPS and substantial free cash flow per share th…
Shares of X-Fab Silicon Foundries surged after a prominent semiconductor-focused social media account highlighted the company’s exposure to power semiconductors and silicon photonics, and noted government support from EU and US CHIPS programs. The move appears driven mainly by retail investor activity rather than fresh corporate news or results.
Carnival Corporation shares rose sharply in mid-day trading, supported by lower crude oil prices amid progress in U.S.-Iran diplomatic talks and a string of company-specific positives including record first-quarter revenue, higher net income, raised EBITDA guidance, and new capital returns. Investors are re-pricing the stock in light of Carnival’s …
JPMorgan upgraded FedEx to Overweight from Neutral and raised its price target to $460 from $432, citing visible progress in the company's Network 2.0 restructuring and two upcoming events - the planned separation of the Freight business on June 1 and FedEx's fiscal fourth-quarter earnings on June 23 - as catalysts that could change investor percep…
