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.
30,173 total articles
Barclays' survey of 100 chief information officers finds corporate IT budgets projected to grow 3.8% for the year, unchanged from the second half of 2025. The bank highlights rising AI-related spending, a lift in private cloud expectations, and a bifurcated corporate spending outlook by company size and region that benefits major cloud providers an…
U.S. equity futures moved lower Monday morning after renewed U.S.-Iran tensions raised doubts about a ceasefire set to expire later this week. Contracts on the Dow, S&P 500 and Nasdaq 100 were all down by roughly 0.5% to 0.6% by 07:30 ET. The premarket session featured mixed moves across sectors, with energy stocks edging higher as oil climbed, whi…
In Frankfurt on April 20, German labour union Verdi affirmed its position that Commerzbank should remain independent, responding to a renewed acquisition effort by Italy's UniCredit. UniCredit argued the German bank, in its current form, is not prepared for future industry challenges and presented measures it believes would strengthen Commerzbank's…
Morgan Stanley increased its price target on Intel to $56 from $41 and raised its 2027 earnings estimate, citing stronger server pricing and volumes. Despite the upgrade, the firm retained an Equal-weight rating on Intel due to concerns about the company's server roadmap and foundry ambitions. The bank prefers memory chipmakers Micron and SanDisk, …
Honeywell has agreed to divest its productivity solutions and services unit to Brady in an all-cash transaction valued at $1.4 billion. The sale, part of Honeywell’s broader effort to streamline operations ahead of a planned business split, covers a unit that supplies mobile computers, barcode scanners and printing solutions for warehouse and logis…
USA Rare Earth (NASDAQ: USAR) shares rose 6% Monday after the company announced a definitive agreement to acquire Serra Verde Group for about $2.8 billion. The purchase combines USA Rare Earth’s processing capabilities with Serra Verde’s producing Pela Ema rare earth mine and plant in Goiás, Brazil. The transaction comprises $300 million in cash an…
Fermi Inc. (NASDAQ:FRMI) saw its stock decline roughly 20% on Monday after co-founder Toby Neugebauer stepped down as Chief Executive Officer amid a broader management and governance reorganization the company is calling "Fermi 2.0." The board has appointed Lead Independent Director Marius Haas as Chairman, created an Office of the CEO to preserve …
Bernstein says markets have largely priced in a limited earnings hit from the ongoing Middle East war, with metals equities rebounding sharply even as the firm flags valuation risks across most mining names. Aluminium and thermal coal have seen the biggest supply-driven gains, while gold faces pressure from rising real yields despite continued stru…
Morgan Stanley analyst Erik Woodring recommends a tactical long position in Apple ahead of its upcoming earnings, projecting small upside for the March quarter and an in-line June quarter EPS driven by revenue resilience despite margin pressure from rising memory costs. The firm highlights supply checks, WWDC and a fall foldable iPhone launch as po…
Deutsche Bank downgraded Workspace Group from "buy" to "hold" and cut its target price to 400p from 480p after the flexible office operator's fourth-quarter update showed like-for-like occupancy broadly flat at 82% and a 1ppt decline in like-for-like rent per square foot. The bank said management's repositioning of the business as "the value option…
Barclays downgraded Vale S.A. to "equal weight" from "overweight", arguing the miner's 35% year-to-date share rally has largely eliminated the valuation discount it traded at versus Australian peers. The bank raised its price target modestly to $17 while cutting EPS and EBITDA forecasts, and flagged catalysts concentrated in 2027 including potentia…
AST SpaceMobile reported that its BlueBird 7 satellite was inserted into an orbit lower than planned after separation on Blue Origin's New Glenn 3 mission, leaving the spacecraft unable to operate and destined to de-orbit. The stock fell 14% on Monday. The company said the spacecraft powered on after separation, that the altitude achieved is insuff…
Deutsche Bank strategist Henry Allen argues that current equity resilience versus the post-Ukraine 2022 selloff reflects meaningful differences in the energy shock environment, inflationary backdrop, central bank pressure and macro trends. Allen highlights four principal factors that make today’s market reaction more durable than the sharp deterior…
TopBuild shares jumped nearly 20% in premarket trading after the company accepted a $17 billion acquisition offer from construction supplies distributor QXO. The unanimous board approvals set up a transaction that will deliver a mix of cash and QXO stock to TopBuild shareholders and create the second-largest publicly traded building products distri…
Marvell Technology's stock climbed sharply in premarket trading after reports that Google is in discussions with the chip designer to build two specialized processors - a memory processing unit to complement Google's tensor processing unit and a new TPU for running AI models. The talks, reported by The Information and attributed to people familiar …
The U.S. Food and Drug Administration has assigned priority review to two supplemental Biologics License Applications from Merck for KEYTRUDA and KEYTRUDA QLEX, each in combination with Padcev, targeting muscle-invasive bladder cancer patients eligible for cisplatin-based chemotherapy. The filings are supported by Phase 3 KEYNOTE-B15 data that show…
Raymond James found that most Canadian energy stocks lagged the WTI commodity strip and the TSX between Feb. 27 and Apr. 17, with nearly 60% of names posting negative total returns. The firm says exploration and integrated companies are trading at double-digit sustaining free cash flow yields at $70 WTI and continues to favor a basket of large-cap …
Greenwich LifeSciences saw its shares climb more than 4% in premarket trading Monday after reporting that its GLSI-100 vaccine produced a stronger immune response in participants of the late-stage FLAMINGO-01 study. The trial, which evaluates the vaccine's capacity to prevent breast cancer from returning following standard treatment, reported marke…
Barclays adjusted its coverage on several large European banks, lowering Deutsche Bank while upgrading Commerzbank, UBS and Julius Baer. The moves reflect a delayed German GDP acceleration, UniCredit’s bid-related floor for Commerzbank shares, and reduced Credit Suisse integration risk at UBS, alongside updated earnings per share forecasts and capi…
Shares of companies developing psychedelic therapies climbed in premarket trading after President Donald Trump signed an executive order directing federal health regulators to expedite reviews of psychedelic treatments and to increase federal research funding for ibogaine. The order could significantly shorten FDA review timelines for qualifying dr…
UBS analyst Nicolas Le Roux says commodity trading advisers (CTAs) are positioned to sharply increase their exposure to U.S. equity futures in the coming weeks, potentially quadrupling S&P 500 exposure by the end of April even if prices do not move higher. The bank's simulation shows divergent CTA behavior across regions and asset classes, includin…
India's key equity benchmarks closed higher on Monday, with the Nifty 50 edging up 0.05% to a one-month high and the BSE Sensex 30 rising 0.03%. Strength in Power, Capital Goods and Public Sector Undertakings stocks underpinned the move, even as decliners outnumbered advancers across both exchanges and market volatility rose.
U.S. equity benchmarks rallied Friday after Iran declared the Strait of Hormuz "completely open" following a ceasefire announcement between Israel and Lebanon, lifting the S&P 500, Nasdaq and Dow to new record closes as oil prices slid. The move capped a strong week for stocks, but volatility returned after renewed tensions over the weekend. Trader…
Tesla’s solar and energy arm is expected to outperform the automaker’s shrinking vehicle business in the coming quarterly results, providing some relief as the company spends heavily on new factories and robotics. While vehicle profitability and regulatory credit revenues have fallen, the energy division is expanding faster and is materially more p…
Tesla’s 2025 U.S. federal tax bill was reported as zero in its January filing. Beyond historical losses and clean-energy credits, a review of corporate filings indicates subsidiaries in the Netherlands and Singapore recorded about $18 billion of profits in recent years that were not taxed in those jurisdictions - profits that otherwise may have bee…
