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.
25,383 total articles
Standard Nuclear has filed to sell 18,250,000 shares of Class A common stock in a U.S. initial public offering, targeting gross proceeds of as much as $383.25 million. The company, which makes tristructural-isotropic (TRISO) and high-assay low-enriched uranium (HALEU) fuels for small modular reactors, has applied to list its Class A shares on the N…
Shares of Visa and Mastercard fell in pre-market trading after reports said several large U.S. banks discussed buying a debit network owned by Fiserv. The move could be aimed at sidestepping fee caps under the Durbin Amendment, but talks are preliminary and some banks have already decided not to pursue a deal amid potential regulatory and political…
NATO has announced plans to acquire up to 10 Saab GlobalEye surveillance aircraft in a program valued at roughly $4.5 billion to replace aging E-3 AWACS early warning planes. The alliance selected the Swedish GlobalEye over Boeing’s competing E-7 Wedgetail, saying the business-jet based system will strengthen detection capabilities against modern t…
NATO has entered formal negotiations with Saab to potentially acquire up to ten GlobalEye Airborne Early Warning & Control platforms, Secretary General Mark Rutte said at the NATO summit in Ankara, Türkiye. No contract has been signed and Saab has not received an order. The move is part of NATO's effort to modernize its airborne surveillance and si…
Teva Pharmaceutical Industries said it will move its investigational anti-interleukin-15 monoclonal antibody, TEV-’408, into a Phase 2b study for vitiligo in the fourth quarter of 2026. The decision follows results from an open-label Phase 1b trial in adults with active or stable non-segmental vitiligo that reported measurable gains in pigmentation…
UBS Global Research upgraded Swiss orthopaedic implant maker Medartis to a buy rating and lifted its 12-month price target to CHF97, pointing to a quicker-than-anticipated U.S. uptake of the Keri TOUCH thumb prosthesis, leading to upgraded revenue and margin forecasts and an improved valuation outlook.
Standard Nuclear, Inc. has kicked off its initial public offering roadshow offering 18,250,000 Class A shares at an expected price range of $18.00 to $21.00 per share. The company has applied to list on the New York Stock Exchange under the symbol STDN, granted underwriters a 30-day option for additional shares, and named major banks as bookrunning…
Taiwan's consumer price inflation accelerated in June to 2.6% year-over-year, exceeding the consensus of 2.3% and May's 2.2%, with broad-based gains in goods and services. Sharp monthly increases in housing-related costs - notably electricity - along with imported inflation and currency depreciation underpin Bank of America's view that inflationary…
Amazon's rapid-delivery offering in Brazil, Amazon Now, has seen stronger-than-expected uptake of fresh foods, prompting the company to increase the range of products available through the service by 15%. The expansion includes a notably larger fruit and vegetable assortment as Amazon scales coverage across urban areas and works with local delivery…
Barclays analysts estimate that a hypothetical increase in the European Central Bank's minimum reserve requirement from 1% to 2% would have a modest effect on bank earnings and net interest income in 2027, but the firm regards such a policy move as unlikely. The ECB's discussions are at an early stage with a formal decision expected by autumn befor…
A rules-based AI stock selection strategy identified and captured outsized gains from two distinct corners of the AI infrastructure theme - GPU-dense servers and NAND memory. By following quantitative rankings and monthly rebalances, the strategy locked large profits in Super Micro Computer and SanDisk, then rotated capital as valuations and relati…
Raymond James began coverage of Space Exploration Technologies with a Strong Buy rating and an $800 price objective, the highest on Wall Street, arguing that SpaceX is emerging as a core industrial infrastructure company of the 21st century. The firm's analysis centers on Starship's potential to slash orbital transport costs and expand payload capa…
Palladyne AI Corp. said Tuesday it has signed a $4.2 million contract with the Air Force Research Laboratory to develop cross-domain swarming capabilities. The Hierarchical Adaptive Networked Game-Theoretic Integration of Multiple Echelons (HANGTIME) program will use Palladyne's SwarmOS to connect autonomous platforms across space, air, maritime an…
RBC Capital elevated its Tesla price target to $500 from $475 in a note on Tuesday, adding a premium tied to a potential combination with SpaceX while also revising the electric vehicle maker's standalone intrinsic value and segment forecasts. The update incorporates an assumed acquisition scenario reported in unconfirmed media accounts and includ…
A report on Tuesday said DeepSeek is developing a custom semiconductor for AI inference workloads, a project that could reduce its reliance on Nvidia and Huawei chips. Nvidia shares dipped 1.6% in premarket trading by 06:59 ET (10:59 GMT) after the report. The effort, which dates back about a year, is still at an early stage but has involved discus…
Bank of America reinstated coverage of Adobe with an Underperform rating and a $190 price objective, arguing that generative AI threatens Adobe’s competitive position even as the stock trades near the low end of its historical valuation. The bank’s valuation is based on 7 times projected 2027 EV/FCF, below the roughly 9.7-times peer average, and it…
Shares of Space Exploration Technologies Corp slipped in pre-market trade after an early rally, as the end of the IPO underwriter quiet period coincided with the company’s addition to the Nasdaq-100. Fresh analyst coverage spanned a wide range of price targets, while public skepticism and valuation concerns pressured the stock despite expected pass…
Citi says global equity positioning remains generally supportive but exhibits growing regional divergence. Short-covering and renewed longs are underpinning markets in many areas, and the bank judges the current risk profile to be skewed toward isolated short squeezes rather than a widespread, forced de-risking across markets.
India's major benchmarks closed modestly lower, with the Nifty 50 and BSE Sensex each down 0.13% as declines in the Capital Goods, Real Estate and Power sectors offset strength in select IT names. Market breadth favored decliners, volatility eased to a three-month low, and commodity and currency moves were mixed.
Chinese regulators have recently engaged with major technology companies about potentially restricting access from abroad to the country’s most capable artificial intelligence models, including systems not yet publicly released, according to people familiar with the discussions. The talks reflect Beijing’s growing view of cutting-edge AI as a strat…
Luxshare Precision Industry priced its Hong Kong H-share offering at the top of its marketed range, raising roughly HK$24.27 billion ($3.09 billion) by selling 383.5 million shares at HK$63.28 each. Proceeds are earmarked for capacity expansion in automotive and consumer electronics, investments in AI-driven factory upgrades, acquisitions, debt rep…
Vertex Pharmaceuticals' agreement to acquire Crinetics Pharmaceuticals for about $10 billion is the latest in a string of high-profile transactions by U.S. drugmakers and biotechs. Over the past decade, companies have pursued acquisitions across oncology, neurology, rare diseases, obesity and diagnostics, frequently paying billions to broaden pipel…
TotalEnergies Chief Executive Patrick Pouyanne met with Syrian authorities in Damascus to discuss progressing from an initial memorandum of understanding toward a formal exploration contract. The talks took place before explosions were reported in the city center. Pouyanne said teams cannot be sent to onshore sites until the Syrian government estab…
Barclays projects the total addressable market for comprehensive data center electrical equipment could peak at $140 billion in 2028 under a scenario where Western suppliers access only 10% of the Chinese market. The estimate rests on a roughly $4.6 million-per-megawatt ship-set opportunity and prompts the brokerage to lift profit forecasts for Sch…
Manufacturers across the U.S. industrial heartland are experiencing sharp increases in electricity costs, driven in large part by the rapid expansion of power-hungry data centers. Capacity charges and wholesale capacity prices set by grid operator PJM Interconnection have jumped dramatically, prompting some factories to consider price increases, op…
