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
Chevron reported first-quarter adjusted earnings that surpassed analyst expectations, driven primarily by stronger results in its upstream business as oil prices spiked amid disruptions tied to the U.S.-Israeli conflict with Iran. The company posted adjusted EPS of $1.41, beating the consensus of $0.95, although net income fell year-on-year and dow…
Insurers offering Medicare Advantage plans are preparing to pare back supplemental benefits such as dental, vision, hearing, fitness and transportation in 2027 after the Centers for Medicare & Medicaid Services set an average payment increase of 2.48% for next year. Humana has warned it will need to reduce benefits to meet profit goals, and investo…
The old market mantra 'sell in May and go away' may be an unreliable guide this year. The S&P 500 has recovered a near-10% drop in just 11 trading sessions, supported by strong corporate results and signs of economic resilience after an energy shock related to the U.S.-Iran conflict. Long-term seasonality favors November through April, but the last…
Elon Musk spent more than seven hours on the witness stand across three days in an Oakland trial focusing on the future and governance of OpenAI. Musk portrayed the enterprise as intended to operate as a nonprofit for public benefit, said he supplied critical early funding, talent and introductions, and raised concerns about AI safety. Cross-examin…
U.S. equities entered May buoyed by an earnings season that has exceeded expectations, even as Brent crude surged past $120 a barrel and Federal Reserve commentary tilted hawkish. Investors will parse another heavy week of corporate results and the April payrolls report for guidance on whether equities can extend their recent rebound.
SpaceX’s confidential IPO registration shows the company has spent in excess of $15 billion developing its next-generation Starship rocket, far outstripping the roughly $400 million invested in Falcon 9. The filing indicates Starship now represents the bulk of SpaceX’s development spending, with $3 billion allocated to space-segment research and de…
Morgan Stanley retains an "Attractive" view on the European business services sector and highlights a handful of companies it rates as ‘‘overweight.’’ The broker points to resilient revenue profiles, pricing power, margin expansion potential and predictable cash generation as primary drivers supporting the recommendations.
South Korea's benchmark KOSPI rose 1.9% over the week, powered by stronger-than-expected corporate results and gains in machinery, shipbuilding and technology stocks. The country's total market capitalization overtook that of the United Kingdom. Analysts lifted 12-month forward EPS forecasts for the index, while foreign investors registered net sal…
Goldman Sachs reduced its recommendation on Technip Energies from buy to neutral after the French energy contractor’s shares jumped 28% since coverage began in December 2025. The bank set a 12-month target of €37, implying roughly an 8% downside from the most recent close, citing stretched valuation following the stock’s outperformance.
Reddit rallied in premarket trading after the company issued an optimistic quarterly revenue forecast tied to gains from its AI-optimized advertising platform. The tools, which place targeted ads inside relevant subreddit discussions and include an AI copywriter and automatic asset cropping, coincided with growth in daily active unique visitors and…
Shares of Diageo rose nearly 2% on Friday after U.S. President Donald Trump said he would remove tariffs and restrictions on whisky imports following a White House visit by King Charles and Queen Camilla. The announcement came via Trump's Truth Social posts. The Scotch whisky sector has been affected by higher levies and falling consumption, and in…
AstraZeneca's stock fell after an FDA advisory committee voted 6-3 against supporting the risk-benefit profile of camizestrant, an experimental oral breast cancer therapy. The panel concluded the drug did not demonstrate a meaningful benefit for patients whose disease had not progressed on current therapy, creating regulatory uncertainty ahead of a…
London equities dipped on Friday, with the FTSE 100 down 0.36% as geopolitical friction between the U.S. and Iran continued and oil remained close to multi-year highs. Market movers included stronger-than-expected bank profits and mixed UK retail and housing signals, while European markets in Germany and France were closed for the May Day holiday.
Goldman Sachs upgraded Repsol to Buy from Neutral and nudged its 12-month price target to €25 from €24 after the Spanish energy group posted first-quarter 2026 results. The bank highlighted robust cash flow, a notably improved refining outlook, and upstream project progress as reasons for the upgrade, while noting the stock now trades at a valuatio…
Japan's equity market closed higher on Friday, with the Nikkei 225 finishing up 0.27%. Strength in Real Estate, Banking and Textile sectors supported the advance, while notable single-stock volatility produced both steep winners and losers. Broader market breadth favored decliners over advancers, and volatility, oil, gold and currency moves were mi…
Sumitomo Corp has received board approval to transfer its entire 54.17% holding in the Ambatovy nickel venture in Madagascar to Ambatovy Mineral Resources Investment Holding Company, ending its long-running participation in the mine and refining operation it joined in 2005. The decision sparked a surge in Tokyo-listed shares, which climbed to a rec…
Shares of East Japan Railway (TYO:9020) surged after the rail operator reported a double-digit rise in annual net profit, increased its dividend, and issued an optimistic outlook for fiscal 2027 that includes higher revenues, modest profit growth, and plans to broaden services beyond rail travel into transactions and personal finance via its Suica …
Jefferies reduced its rating on MGM Resorts International from Buy to Hold and lowered the price target to $44 from $50. Analyst David Katz, who resumed coverage after previously suspending it following the sale of Northfield Park, cited the company’s fully leased U.S. asset base and a constrained near-term growth runway as the key reasons for a mo…
The S&P/ASX 200 closed higher on Friday, advancing 0.74% as strength in Materials, Metals & Mining and Resources stocks powered the market. Small number of large movers drove intraday leadership, with Liontown and IperionX among the top gainers while Resmed and major financial and tech names weighed on the downside. Volatility readings slid to mont…
Rotork PLC reported a mixed start to the year with first-quarter order intake declining by a low single-digit percentage on an organic constant-currency basis, while revenues rose by a low single-digit percentage on the same basis. The company maintained its 2026 outlook, reiterating expectations for stable oil and gas performance across the full y…
MJ Gleeson PLC expects its adjusted group profit before tax for the full year 2026 to be in line with market consensus despite recent declines in site footfall and reservations and some upward pressure on material costs. The company is pursuing efficiency measures and will reorganize regional operations, setting aside provisions of £5.2 million to …
Citi Research downgraded Adecco Group, Randstad, Hays and PageGroup to neutral and cut target prices, pointing to a softer-than-expected labour-market recovery, falling temporary worker penetration, pressure on gross margins and growing tech-enabled competition. The broker also shifted its valuation approach toward franchise metrics and provided fr…
Restaurants across Dubai are narrowing menus, reducing production and seeking local alternatives after recent strikes and retaliatory attacks involving Iran disrupted the Strait of Hormuz and sharply raised air freight costs. The impact has hit tourist-facing venues hardest, prompting temporary closures, staff reductions at some outlets, and promot…
Tokyo Electron shares jumped after the semiconductor equipment maker set first-half revenue and operating profit targets that exceeded market forecasts, driven by robust AI-related demand for chips and chipmaking machinery. The upbeat outlook overshadowed fiscal 2026 results that showed flat sales and a decline in operating income.
Toyota is widely expected to report a year-on-year fall in operating profit for the January-March quarter, marking the fourth straight quarterly decline as rising input costs and geopolitical tensions linked to the Middle East offset strong demand for higher-margin hybrid models. Analysts warn that aluminium and other commodity price rises, compoun…
