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
Taylor Swift received eight nominations for this year’s American Music Awards, including artist of the year, song of the year and album of the year. Close behind are Sabrina Carpenter, Olivia Dean, SOMBR and Morgan Wallen with seven nominations each. Fans will decide the winners at a live ceremony in Las Vegas on May 25 hosted by Queen Latifah, wit…
Citigroup reported a 42% rise in first-quarter profit, reaching $5.8 billion as market volatility tied to geopolitical tensions and sector-specific sell-offs pushed trading volumes and revenue higher. Strong activity in equity underwriting and M&A advisory also helped lift investment banking fees, while net interest income and retail wealth revenue…
U.S. equity futures traded near unchanged levels as investors balanced cautious optimism over Middle East ceasefire discussions with a stream of major bank results. Early premarket action showed mixed movement across the major indices, with individual big-bank reports and commodity-driven shifts in gold miners influencing sector trajectories ahead …
Albertsons on Tuesday cut its outlook for annual identical sales growth, saying fierce price competition from larger competitors and cautious consumers are weighing on demand. The company reported a fourth-quarter net loss driven in part by charges tied to opioid-related claims and disclosed a $774 million payment to resolve thousands of lawsuits b…
Dow appointed operations chief Karen Carter as its next chief executive officer, effective July 1, while current CEO Jim Fitterling will transition to executive chair. The leadership change comes as the company implements a wide-ranging restructuring that includes roughly 4,500 job cuts, targets at least $2 billion of added profitability, and conti…
CarMax posted a fourth-quarter loss driven by a $141.3 million goodwill impairment and declining margins on used vehicles. Revenue slipped 1% to $5.95 billion while retail and wholesale gross profit per unit decreased year-over-year. Shares fell in premarket trading as the company outlined efforts to restore efficiency and sales momentum.
Goldman Sachs reduced its rating on Italian payments firm Nexi from Buy to Neutral and lowered the 12-month price target to €3.50 from €6. The bank cited constrained near-term growth visibility driven by bank contract ramp downs and persistent margin pressure from lower operating leverage and front-loaded investments. Goldman also cut medium-term r…
Clearmind Medicine Inc. (NASDAQ: CMND) saw its stock rally 40% after announcing that its oral, non-hallucinogenic MEAI-based candidate CMND-100 met the trial's primary endpoint. The Phase I/IIa multinational, multicenter study reached its primary safety and tolerability endpoint in the dose-escalation stage, with the third cohort - the highest dose…
Investors are positioning around ASML ahead of its first-quarter results, betting the Netherlands-based chip-equipment supplier will upgrade guidance driven by strong demand for advanced lithography machines used in AI chip production. The company’s shares have surged this year on heavy ordering from major customers and rapid data centre buildouts,…
Citi has upgraded its stance on U.S. equities to overweight from neutral, maintained an overweight on the U.K., and lowered emerging markets to neutral. The change is described as a tactical, defensive tilt driven by heightened geopolitical uncertainty following recent developments in the Middle East. Citi's commodities team expects near-term upwar…
Travere Therapeutics stock climbed 44% after the FDA approved FILSPARI to reduce proteinuria in adults and children aged 8 and above with focal segmental glomerulosclerosis (FSGS) who do not have nephrotic syndrome. FILSPARI is now the first FDA-approved therapy for FSGS and expands the drug's label beyond IgA nephropathy. Clinical trial data and a…
Goldman Sachs has downgraded Worldline from neutral to sell, reducing its 12-month price target to €0.23 from €0.40 and forecasting continued negative free cash flow through 2027 before a modest recovery in 2028. The bank highlights mounting leverage, limited capital reinvestment, and refinancing risks tied to upcoming bond maturities as key driver…
Lucid Group shares jumped after the EV maker secured $750 million in fresh funding - $550 million from an affiliate of the Public Investment Fund and an additional $200 million from Uber - alongside an expansion of its robotaxi agreement with Uber to at least 35,000 vehicles. The capital infusion accompanies a planned management transition and high…
Peter Magyar’s landslide victory and the center-right Tisza party’s incoming government have prompted investor optimism that strained relations with the European Union can be repaired and withheld funds released. The potential unfreezing of roughly 18 billion euros in EU support, plus policy pledges ranging from judicial reform to joining the Europ…
UBS analysts warn that recent movements in G10 yield curves, driven in part by an energy shock linked to the Middle East conflict, may have led markets to overestimate how much central banks will raise policy rates. The bank highlights the difficulty of separating genuine shifts in rate expectations from higher risk premiums demanded by investors a…
Barclays reduced its recommendation on European small-cap equities to neutral, citing deteriorating macro momentum and a firmer European Central Bank stance. While valuations for the small-cap factor remain appealing, the bank says the current environment - including weaker nowcasts, rising implied ECB rates and low investor crowding - does not sup…
A Bank of America survey of 193 fund managers overseeing $563 billion in assets found sentiment slid to its weakest point since June 2025 in April. Respondents cut growth expectations dramatically, sharply raised inflation forecasts and shifted allocations away from equities toward cash, the U.S. dollar and telecom stocks.
Wells Fargo reported higher first-quarter profit driven by a 5% rise in net interest income and a surge in markets revenue. The bank has used the removal of a seven-year, $1.95 trillion asset cap to expand its balance sheet and focus on growth in credit cards and auto lending, while volatile markets benefited trading results. Shares slipped in prem…
BMW reported a 3.5% decline in global vehicle deliveries for the first quarter of 2026, selling 565,748 vehicles as weaker demand in China and the United States offset gains in Europe. Battery electric vehicle deliveries fell 20.1% in the quarter. The company’s experience in China aligns with reduced shipments reported by other major German manufac…
Johnson & Johnson reported first-quarter revenue and adjusted earnings that topped analyst expectations, driven by robust demand for cancer drug Darzalex and psoriasis treatment Tremfya. Those gains helped offset a roughly 60% drop in sales of Stelara after it lost patent protection. The company raised its full-year 2026 revenue and adjusted earnin…
Goldman Sachs said the U.S. dollar strengthened Tuesday morning after weekend developments, as energy prices climbed and equities sold off. The bank said recent currency moves reflect relative terms-of-trade shifts more than a broad change in risk appetite, and it retains a bearish view on the Philippine peso, Thai baht and Indian rupee due to expo…
Piper Sandler analysts reduced ratings on several enterprise software names, citing a rapid industry pivot toward AI monetization, weaker-than-expected cloud migration progress, and macroeconomic pressures centered in Europe. SAP was downgraded to neutral with a lower price target, while collaboration software peers Asana and Monday.com also saw cu…
BlackRock reported an increase in first-quarter net income, supported by strong inflows into its exchange traded funds, particularly active ETFs marketed as low-cost ways to capture market dispersion. Total assets under management rose to $13.89 trillion year-over-year, while the company’s stock has lagged some peers so far in 2026.
RBC anticipates that UK wealth managers delivered robust net flows in the first quarter of 2026 thanks to favorable conditions in January and February, but increasing market volatility in March likely reduced trading activity and prompted modest downward revisions to flow estimates for most firms. The bank expects decent sector-level results, point…
HSBC has reworked its EMEA mining coverage in response to supply shocks tied to the Middle East conflict, upgrading Glencore to Buy and lifting targets for several African miners. The bank highlights aluminium, copper, platinum and rhodium as favoured exposures and warns of second-order effects - including sulphur scarcity, freight bottlenecks and …
