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
Analysis from Truist shows regional banks have outperformed the broader market this year while the largest banks have underperformed. As quarterly results conclude and investor focus rotates to other sectors, Truist highlights strengthening loan growth, tighter earnings estimates following a solid quarter, and subdued merger-and-acquisition activit…
Atlassian, Twilio and Five9 each reported quarterly results that beat consensus, prompting sharp premarket gains and renewed analyst interest. The results boosted a software sector that has been under pressure, with analysts reacting through price-target adjustments and reiterated Buy or Outperform ratings.
Two Harbors Investment shares climbed about 5% after UWM Holdings Corporation submitted an amended takeover proposal valuing Two Harbors at $12.00 per share. The proposal, backed by an increased $1.3 billion unsecured bridge from Mizuho Bank, gives shareholders the choice of cash or stock and seeks to position UWMC’s bid above a competing cash offe…
Macau's April gross gaming revenue increased to 19.89 billion patacas year-over-year but fell short of consensus expectations. Stifel trimmed its 2026 gaming revenue growth projection to a 5% to 9% range, citing persistent weakness in mass spend per visitor despite robust visitation and the return of VIP and premium mass segments.
BYD recorded a 15.5% decline in vehicle sales in April compared with the same month a year earlier, marking the eighth consecutive month of falling sales. The company said the figures via a Weibo post from executive Li Yunfei. While domestic demand weakened, overseas deliveries rose 35% to 130,000 vehicles in April, reversing a 20.5% decline in Mar…
Macquarie analysts warned that proposed Federal budget changes to capital gains tax (CGT) and negative gearing for investment property represent a headwind for Australian banks. The firm expects further home price weakness as tax changes combine with Reserve Bank of Australia rate hikes, and retains Underperform ratings on several major lenders. Ma…
Morgan Stanley analysts now project the Federal Reserve will maintain its current interest rate stance until early 2027. The firm cites the April FOMC's move away from an easing tilt, continued 2.0% GDP growth in Q1 2026, resilient labor conditions, elevated inflation in the quarter, and a surge in non-residential investment that extends beyond AI-…
Contracted sales for 25 large Chinese property developers tracked by Morgan Stanley fell 9% year-on-year in April, according to CRIC data, narrowing the year-to-date decline to 31% year-on-year. Morgan Stanley highlights state-owned enterprises' outperformance and calls for continued vigilance on sales durability across cities.
Aon reported higher first-quarter adjusted profit and robust revenue growth in its risk-capital business, supported by continued demand for risk-management solutions as individuals and companies maintain or increase insurance coverage to guard against threats such as natural disasters and cyber crime.
The U.S. Department of Defense has reached agreements with Nvidia Corp., Microsoft Corp., Reflection AI Inc., and Amazon Web Services to deploy advanced artificial intelligence capabilities on classified military networks, according to a Bloomberg report. These arrangements add to a growing list of tech providers the Pentagon is authorizing for ope…
Bank of America says the Bank of Canada struggled to keep short-term rates within target this quarter-end as repo trading jumped to 20 basis points above the policy target. Despite central bank interventions, CORRA volatility and limited take-up of offered liquidity highlighted strains tied to settlement balance fluctuations and dealer balance shee…
Tokyo's April inflation readings showed a sharper-than-expected deceleration in the Bank of Japan's favored core measure, falling to 1.9% year-over-year from 2.3% in March. Barclays says the decline was driven largely by institutional policy changes, notably the expansion of free childcare for first children, alongside price moves in travel, pet fo…
Ares Management reported approximately $30 billion in first-quarter fundraising, driven by strong institutional demand for its credit strategies. The firm also recorded growth in assets under management, a large uninvested capital base, and rising fee-related earnings, while noting continued market volatility and industry scrutiny of private credit…
According to BTIG, the S&P 500 Technology sector is on track for a 17% gain in April, its largest monthly advance since November 2002. The semiconductor-focused SOX index jumped 37% in the month, and several China-focused ETFs recorded notable strength, with the KraneShares STAR 50 ETF up 26% and the xTrackers CSI 300 ETF reaching a 52-week high.
Registrations of Tesla vehicles climbed sharply in France, Denmark and the Netherlands in April, continuing a broader European rebound for the company after two straight annual declines. The recovery has been supported by higher interest in electric vehicles amid rising fuel costs and regulatory progress on Tesla’s driver-assistance software, even …
Roblox's stock plunged 24% in premarket trading on May 1 after the company trimmed its full-year bookings forecast and warned that new safety-focused product changes - including age-based accounts, age verification and expanded content monitoring - would create short-term friction that could slow new user acquisition. Analysts pointed to limited vi…
Deere has appointed Brent Norwood as its new chief financial officer effective May 1. Norwood, a 44-year-old internal candidate who most recently served as vice president and finance director for Construction and Forestry and John Deere Power Systems, succeeds Joshua Jepsen, who left in February. The company named an interim finance chief after Jep…
HF Sinclair reported an adjusted profit for the first quarter, reversing a year-earlier loss in its refining segment and beating analyst expectations, as U.S. refinery margins climbed amid disruptions to Middle Eastern oil flows that increased demand for U.S. fuel exports. The company recorded higher per-barrel refinery gross margins and a return t…
Exxon Mobil reported first-quarter adjusted earnings that exceeded analyst expectations, but its unadjusted net income slid to the lowest level since early 2021. The adjusted per-share profit of $1.16 topped the LSEG consensus of $1.00 after excluding losses tied to undelivered cargoes and large timing effects from financial derivatives. The compan…
Moderna reported first-quarter revenue that exceeded Wall Street expectations, driven by outsized international sales of its COVID-19 vaccine and support from distribution partnerships in the UK, Canada and Australia. The company recorded $389 million in revenue, with $311 million coming from international markets versus $78 million in the U.S., an…
Magna International reported first-quarter sales and adjusted earnings above analysts' forecasts, helped by favorable foreign-exchange movements and durable demand for auto parts and driver-assistance systems. The company noted headwinds from the end of certain programs, lower vehicle output and higher tariff expenses, and trimmed its full-year sal…
Veeva Systems' stock jumped 10.6% in premarket trading to $172.70 after S&P Dow Jones Indices announced the company will join the S&P 500 on Thursday, May 7, replacing Coterra Energy as that company is being acquired by Devon Energy. The company has roughly 163.3 million shares outstanding, giving it a market value near $25 billion. Prior to the mo…
Bank of America strategist Michael Hartnett cautioned that a breach of the 5% level on the 30-year Treasury - labelled the "Maginot Line" - could mark the end of the current boom cycle and "open the door to doom." Hartnett ties the boom to aggressive fiscal support that has lifted nominal U.S. GDP and favours equities and commodities while weighing…
Apple CEO Tim Cook told analysts that memory constraints intensified in the most recent quarter, creating supply pressures that are expected to have an increasing effect on the company going forward. Apple beat expectations on quarterly results and revenue guidance, but Cook said higher memory costs and limited availability will influence product a…
Apple shares rose about 3% in premarket trading after the company reported its best quarterly sales expansion in more than four years. Strong consumer uptake of the iPhone 17 Pro lineup and the newly released low-cost MacBook Neo helped push results above Wall Street forecasts, while management signaled rising memory costs and constrained processor…
