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
Global commercial aviation continues to face major disruption after a regional conflict led to the closure of significant Middle Eastern air corridors. Dozens of airlines have announced route suspensions, delayed restarts and reduced schedules affecting destinations across the Middle East, Europe and beyond. The cancellations span through spring, s…
Insider filings disclosed Friday detail several high-value purchases and sales by executives, 10% owners and funds across a range of U.S. stocks. Notable activity includes a multi-million-dollar purchase in Hycroft Mining Holding Corp by Eric Sprott and related entities, repeated buy-ins by Forager Fund L.P. in Repay Holdings Corp, a sizeable inves…
UBS has reiterated its preferred selections within the European automotive sector ahead of first-quarter earnings, naming Stellantis and Continental as top picks. The broker points to a strengthening North American performance and improving product mix at Stellantis, and to pricing power, operational gains in tires, and a potential asset sale at Co…
U.S. stock futures moved lower in early trading as investors assessed President Donald Trump’s threat to block the Strait of Hormuz after unsuccessful weekend talks with Iran. At 06:46 ET (10:46 GMT) major futures contracts pointed down, oil climbed back above $100 a barrel and the dollar strengthened. Sector action was uneven, with energy and fert…
Morgan Stanley analysts counter recent market selling in cloud infrastructure names by arguing that managed AI agent offerings do not eliminate infrastructure needs but redirect execution outward. The team led by Sanjit Singh says large-scale agent deployments would increase traffic, latency sensitivity, and the need for governed data access and mo…
Citi Research lowered its recommendation on Sandvik AB to neutral from buy after the stock climbed to what the bank regards as a fair valuation following a tungsten-driven uplift. While Citi raised near-term earnings forecasts on stronger tungsten ammonium paratungstate (APT) prices and a sizeable underground equipment order in Colombia, it warned …
Saudi Arabia's stock market closed higher on Monday, with the Tadawul All Share index rising 0.99% to reach a one-month high. Strength in the Cement, Petrochemicals and Telecoms & IT sectors supported the advance. Market breadth was mixed, while oil prices jumped and gold fell. Major individual movers included Arabian Internet and Communications Se…
Morgan Stanley's equity team is tilting cautiously bullish, arguing that the market has already priced out a substantial portion of recent uncertainty. Analyst Michael Wilson points to the S&P 500 holding the low end of the firm's correction range and a subsequent 7% rebound, a strengthening earnings backdrop, and a shift in sector leadership as th…
OpenAI's head of revenue, Denise Dresser, told employees in an internal memo that the company's partnership with Amazon will be central to expanding its enterprise footprint. The memo - seen by CNBC - was circulated weeks after Amazon revealed plans to invest up to $50 billion in OpenAI as part of a strategic alliance. Dresser emphasized demand for…
Yesway Inc. has launched an initial public offering for 13,953,488 shares of its Class A common stock, with a proposed price range of $20.00 to $23.00 per share. The Fort Worth, Texas-based convenience-store operator has also granted underwriters a 30-day option to buy up to 2,093,023 additional shares and plans to list on the Nasdaq Global Select …
British equities fell on Monday after weekend negotiations between Washington and Tehran failed and U.S. President Donald Trump threatened an "immediate" blockade of the Strait of Hormuz. The FTSE 100 and sterling weakened, oil climbed back above $100 a barrel, energy names rose, and airline shares dropped sharply. Political assurances from the UK …
Barclays analysts identify industrial gas turbines (IGT) and nuclear markets as structural growth drivers for UK capital goods firms. The bank raised IMI's price target and expects strong order growth through FY28, sees Bodycote benefiting from turbine-related thermal-processing work, and downgraded Rotork amid limited exposure to the fastest-growi…
Roblox said it will roll out age-based account types in early June, creating 'Roblox Kids' accounts for ages 5 to 8 and 'Roblox Select' accounts for ages 9 to 15. The move includes new content standards for games appearing in these accounts and a three-step review for creators that requires ID verification, two-step login protection and an active R…
National Healthcare Properties announced plans for a U.S. initial public offering that would imply an approximate $1.1 billion valuation. The New York-based, self-managed REIT is proposing to sell 38.5 million shares at $13 to $16 apiece to raise up to $616 million, positioning itself to list on the Nasdaq under the ticker NHP. The company operates…
JPMorgan analysts say renewed market weakness should be treated as a buying opportunity, arguing that conditions for another rapid rebound are present despite the prospect of renewed Middle East hostilities. The bank highlights differences in the macro backdrop versus 2022, rising S&P 500 2026 EPS estimates, and a positioning rotation toward intern…
Argus has modestly reduced its projection for Ukraine’s 2026 wheat crop to 23.5 million metric tons from an earlier December estimate of 23.9 million tons, citing a slightly smaller area of harvest. The updated figure still represents the largest wheat crop for Ukraine since the full-scale invasion in 2022 and is above the recent four-year average.…
Revolution Medicines saw its stock jump after reporting that the Phase 3 RASolute 302 trial of daraxonrasib met all primary and key secondary endpoints in previously treated metastatic pancreatic ductal adenocarcinoma, including a median overall survival of 13.2 months versus 6.7 months for chemotherapy and a hazard ratio of 0.40. The company inten…
Allogene Therapeutics shares climbed after interim data from the pivotal ALPHA3 study showed cemacabtagene ansegedleucel (cema-cel) produced substantially higher minimal residual disease (MRD) clearance than observation in patients receiving first-line consolidation for large B-cell lymphoma. The analysis, based on 24 randomized patients, also show…
Pershing Square began investor meetings today to promote the U.S. initial public offerings of its management company and a newly formed fund. The Pershing Square USA vehicle seeks to raise between $5 billion and $10 billion via an IPO and a concurrent private placement, offering shares at $50 apiece and targeting an April 28 pricing date. A group o…
Goldman Sachs reported stronger first-quarter earnings driven by record equities trading revenue and solid dealmaking, yet its shares fell as bank stocks broadly declined. The firm posted $5.4 billion in profit attributable to common shareholders and saw mixed performance across its trading businesses while the CEO warned of a complex geopolitical …
Bank of America upgraded Nokia from Neutral to Buy and lifted its price objective to €10.70 from €6.87, on expectations that growing exposure to optical networking and hyperscaler-driven AI data center spending will drive stronger earnings and revenue trajectories through 2028. The move follows a valuation shift to a sum-of-the-parts approach and r…
Bill Ackman’s Pershing Square began a roadshow on Monday to present the U.S. initial public offerings for both its management company and a newly structured fund. The Pershing Square USA vehicle is offering shares at $50 each and anticipates raising between $5 billion and $10 billion through a combination of the IPO and a private placement. A prior…
Shares of Spyre Therapeutics climbed 25% after the company reported that SPY001, an anti-α4β7 antibody in development for moderate-to-severely active ulcerative colitis, met the primary endpoint in a Phase 2 trial. Twelve-week data from Part A of the SKYLINE study demonstrated a statistically significant reduction on the Robarts Histopathology Inde…
Citi Research has cut its recommendation on ABB Ltd to Neutral from Buy, citing a share price that is close to its unchanged SFr76 12-month target and valuation metrics at or near historic highs. The brokerage expects modest total returns driven by a 1.5% dividend yield and limited price upside, while keeping its financial forecasts intact and flag…
Goldman Sachs reported higher first-quarter profit, driven by record revenues from equity trading intermediation and financing and a sizeable rise in investment banking fees. Elevated market volatility linked to the Iran war has lifted client demand for portfolio reassessment and hedging, benefiting trading desks, though fixed income, currencies an…
