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
DA Davidson's weekly review of IRS filings through March 27 finds tax refunds up 13.6% year over year, the largest increase since at least 2013. Weekly metrics show a rise in both number of refunds and average refund size, and the firm highlights a high historical correlation between refund growth and fiscal first quarter retail sales, signaling po…
Barclays’ analysis indicates that equities of major diversified miners imply iron ore prices lower than the prevailing spot level of $110 per ton, with Rio Tinto at $85/ton, Vale at $92/ton and BHP at $93/ton. While iron ore spot prices held steady, miners’ share prices climbed, lifting implied commodity prices week-over-week. The bank’s work also …
Gilead announced on April 7 that it will acquire Germany-based Tubulis GmbH for up to $5 billion, securing access to experimental antibody-drug conjugates known as "guided missiles." The agreement calls for $3.15 billion in cash at closing and up to $1.85 billion in milestone payments, and follows recent Gilead purchases including Arcellx and Ouro …
JPMorgan analysts warn that the recent escalation in the Middle East will not be uniformly beneficial for oil services companies. Several large providers have reported or flagged direct operational disruptions, revenue hits and elevated costs tied to the conflict, while others with U.S.-onshore focus or distributed power exposure show mixed outcome…
Senior plc's board has accepted a recommended takeover proposal from Zeus UK Bidco Limited, controlled by funds advised by Tinicum Incorporated and Blackstone Inc., offering shareholders 300 pence per share. The transaction values Senior's issued share capital at about £1.28 billion on a fully diluted basis and implies an enterprise value near £1.4…
Representatives of the founding families behind Spain's Puig and the U.S. cosmetics company Estée Lauder are scheduled to meet in New York this week to negotiate terms for a potential business combination. The parties aim to finalise an agreement in the coming weeks, according to a source. The deal under discussion would be a cash-and-share public …
Global air travel continues to face severe disruption after a conflict in the Middle East prompted the closure of major regional hubs. Airlines across Europe, Asia, the Middle East and North America have extended cancellations, rerouted services and adjusted schedules; some carriers are adding flights to European destinations to handle shifting dem…
Novo Nordisk has begun distributing a 7.2-milligram formulation of its weight-loss injection, Wegovy HD, nationwide in the United States after regulatory clearance under the FDA Commissioner’s National Priority Review Voucher program. The company outlined list and patient-cost pricing, and reiterated plans for a discounted subscription option for s…
Fox Corp has agreed to incorporate probability data from Kalshi's prediction markets into multiple Fox properties, including linear news and business channels, a weather network and its FOX One streaming platform. The partnership will also see Kalshi collaborate with Fox production teams to produce live data visualizations. Kalshi says most visitor…
U.S. stock futures traded unevenly in early Tuesday activity as investors monitored an approaching U.S. deadline tied to the Strait of Hormuz. Broadcom rose after announcing a long-term agreement with Google to build and support next-generation AI-optimized processors and supply networking components through 2031. Several managed care insurers rall…
Goldman Sachs upgraded Norsk Hydro to a "buy" rating from "sell" and raised its 12-month price target to NOK120 from NOK69. The bank points to improved earnings prospects driven by stronger pricing and higher premiums for value-added aluminum, and warns that supply disruptions tied to the Middle East could remove roughly 16% of ex-China value-added…
Blackstone Inc. closed Blackstone Capital Opportunities Fund V at $10 billion after an oversubscribed offering, the firm said. The vehicle will hold a mix of performing and opportunistic credit investments. The move comes as the $1.8 trillion private credit market faces attention for its exposure to the software sector and as some retail-focused fu…
Apple shares declined in early trading after reports that engineering problems during test production of the company’s first foldable iPhone could delay mass production and shipments. The move came amid broader technology weakness, with Nasdaq 100 futures falling as well. Sources cited in the report said more issues than anticipated have emerged an…
Organogenesis Holdings Inc. saw its stock climb 20% after announcing that PuraPly AM met the primary endpoint in a randomized controlled trial for non-healing diabetic foot ulcers. The prospective, multi-center trial of 170 patients found statistically significant wound closure at 12 weeks for patients treated with PuraPly AM plus standard of care …
ASML shares fell on the first trading day after a U.S. legislative proposal that could lead to new curbs on sales and servicing of the company’s DUV immersion lithography equipment in China. Analysts offered differing estimates of the possible financial impact, with some warning of reduced earnings and others forecasting partial demand shifts to no…
Goldman Sachs strategists argue the technology sector is now attractively valued following an unusually pronounced period of relative weakness not seen since the early 1970s. They point to compressed valuation multiples, resilient earnings forecasts, and potential defensive qualities tied to bond-yield movements and geopolitical developments as the…
Goldman Sachs downgraded Coloplast A/S to a "sell" rating from "neutral," citing risks to both growth and margins. The bank trimmed its price target to DKK 435 from DKK 550, reduced its valuation multiple and raised its cost of capital, while lowering earnings and margin forecasts. The report accompanied a drop in the shares following a period of s…
Indian markets ended the trading session higher, with the Nifty 50 up 0.68% and the BSE Sensex 30 rising 0.69%. Technology, real estate and metals stocks led gains, while market volatility as measured by the India VIX declined. Commodity prices for gold and crude moved higher and the rupee weakened modestly against major currencies.
As SpaceX moves toward a proposed initial public offering that could reach $75 billion, market participants warn its size and publicity may divert investor demand and underwriting capacity away from other planned listings. Analysts and bankers say such a blockbuster offering - driven by a high-profile CEO, an in-demand industry and deep-pocketed ba…
Leonardo shares fell roughly 6% after Italian media reported that CEO Roberto Cingolani is expected to be replaced when his mandate ends in May. Lorenzo Mariani of MBDA Italy is reported as the leading candidate, while other names include Alessandro Ercolani and Stefano Donnarumma; the board is said to be scheduled to vote on May 7.
UBS reduced its S&P 500 price targets for mid- and end-2026, citing elevated oil prices tied to the Middle East conflict that are expected to modestly depress growth and postpone Federal Reserve rate cuts. The bank left its 2026 earnings-per-share forecast unchanged and maintained an overall Attractive rating on U.S. equities, citing supportive pro…
U.S. health insurers rallied in premarket trading after the Centers for Medicare & Medicaid Services announced a larger-than-proposed average increase in 2027 Medicare Advantage payment rates. The change and an adjustment to risk assessment payments together lift expected funding to private Medicare plans by roughly 5%, translating into over $13 bi…
Goldman Sachs says the technology sector is trading at comparatively low valuations after a sustained period of weak relative returns, creating a potential buying opportunity. The bank cites factors such as the release of China’s DeepSeek AI model, heavy capital spending by U.S. hyperscalers and AI-driven disruption in software as drivers of the se…
UBS highlights specific leisure companies that could outperform even as geopolitical tensions and macro volatility weigh on travel demand and consumer spending. Accor is cited for its asset-light model, global footprint and margin levers, while Lottomatica is noted for balance-sheet strength, online growth and attractive free cash flow dynamics. St…
Indonesian equities closed lower on Tuesday with the IDX Composite Index sliding 0.35% to a fresh six-month trough. Losses were concentrated in the Agriculture, Basic Industry and Property sectors even as a handful of small-cap names posted strong gains. Commodity and currency markets moved modestly, with oil and gold higher and the rupiah easing v…
