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.
29,537 total articles
Citi has hired Rohan Sen from Bank of America to lead its coverage of the technology services sector, according to an internal memo. Sen, who spent 11 years at Bank of America as a managing director in its technology investment banking group in New York, will be based in New York and report to Citi’s global co-heads of technology investment banking…
The MOEX Russia Index finished modestly higher, reaching a one-month peak after advances in mining, power and manufacturing names. Several large-cap miners and a major retailer posted the session's strongest gains, while steel, residential developers and a hydro generator were among the laggards. Market breadth was negative, implied volatility ease…
Wynn Resorts shares jumped 5.6% in after-hours trading to $103.03 after the company reported second-quarter 2026 results that exceeded analyst expectations on both adjusted earnings per share and revenue. Adjusted EPS of $1.24 beat the consensus of roughly $1.16, while revenue of $1.86 billion narrowly topped estimates near $1.84 billion, reflectin…
Match Group shares fell sharply in after-hours trading after the company posted second-quarter 2026 results that combined an earnings beat and margin improvement with a slight revenue shortfall and a downgraded outlook for a key segment. Management now expects steeper declines in Everyone Everywhere revenue, and its third-quarter revenue midpoint c…
At its 26th Annual Institutional Investor Conference, B. Riley Securities emphasized water infrastructure and storage plays in the western United States, identifying Cadiz, Inc. (NASDAQ: CDZI) as a top utilities sector opportunity. The firm assigns a Buy rating and a $15 price target to Cadiz, citing potential value unlocking through equity funding…
Bed Bath & Beyond reported a wider-than-expected adjusted loss for Q2 2026 and narrowly missed revenue estimates. Management announced a rebrand to Neighborhood Intelligence, a ticker change to NXH, a corporate move to Nashville, and a transfer of its listing from the NYSE to Nasdaq, prompting an 8.1% drop in after-hours trading.
Space Exploration Technologies reported Q2 2026 revenue of $7.8 billion, beating the roughly $6.93 billion consensus, but the stock slid in after-hours trading after investors focused on sharply elevated capital expenditures and other liquidity concerns. Q1 capex had already hit $10.1 billion, with $7.7 billion tied to AI-related spending, and anal…
Wynn Resorts reported second-quarter results that exceeded Wall Street expectations, driven by robust performance at its Macau operations. The company also confirmed that Wynn Al Marjan Island - the UAE's first casino resort - is slated to open in September 2027, following receipt of the country's first commercial gambling license in October 2024. …
Prudential Financial reported higher second-quarter profit, driven by stronger results at its global investment management arm PGIM and improved adjusted operating income from its individual life business. Assets under management increased year-over-year, and the firm cited benefits from distribution investments and product diversification across i…
A batch of quarterly results released after the bell produced divergent moves in the market. Winners included cloud networking and select digital ad and lending platforms after beats and raised outlooks, while several consumer, aerospace and AI-related names slid when operational metrics or guidance did not meet elevated expectations.
SpaceX reported its first quarterly results as a public company, posting a 92% year-over-year revenue increase to $7.8 billion for the quarter ended in June, outpacing the $6.9 billion consensus. The company lost $0.09 per share, narrower than the $0.26-per-share loss analysts expected. Management announced a datacenter-chip partnership with Nvidia…
U.S. stock indices finished higher on Tuesday, with the Dow Jones Industrial Average reaching a new record. Strength in Technology, Industrials and Basic Materials underpinned the advance. Several large-cap names climbed, while a number of smaller-cap and energy-related names posted sharp declines. Market breadth was positive across both the NYSE a…
Toronto stocks finished higher on Tuesday, with the S&P/TSX Composite rising 1.63% to reach a record closing level. Strength in the information technology, materials and industrials sectors powered the advance. Several mining-related names posted double-digit gains while notable energy stocks declined. Precious metals futures rose, while crude oil …
São Paulo stocks ended Tuesday marginally lower, with the Bovespa down 0.06%. Gains in select industrial and retail names were outweighed by declines in several consumer and industrial names, while volatility rose and commodity prices showed mixed directionality. Currency moves also registered, with the real weakening against the dollar and euro.
Booking Holdings reported second-quarter results that exceeded consensus expectations on profit and revenue, driven by stronger travel demand and higher bookings. Management raised its Transformation Program savings target and reiterated confidence despite geopolitical and macroeconomic uncertainty. Shares responded positively in after-hours tradin…
AMD projected third-quarter revenue of about $13 billion, topping Wall Street expectations, as demand for chips to support expanding AI data-center capacity lifts sales. The company reported sharp gains in the quarter, with data-center revenue more than doubling and overall revenue up 50%, and said its second-generation Helios AI servers are in ful…
Match Group lowered its third-quarter revenue forecast, citing steeper-than-expected declines at its Everyone Everywhere brands, while reporting incremental improvements at Tinder and continued user growth at Hinge. The company’s guidance midpoint comes in below analyst estimates and follows a slight year-over-year revenue decline in the second qua…
Mattel reported an adjusted profit of $0.01 per share for the quarter ending June 30, below analyst expectations, while second-quarter sales slightly exceeded forecasts. The company kept its full-year outlook unchanged even as advertising costs climbed and demand for traditional toys softened amid tighter household budgets.
Arista Networks reported second-quarter results that topped analyst forecasts, delivering adjusted EPS of $1.02 on $3.04 billion in revenue - the company's first quarter above $3 billion. Management set third-quarter guidance that substantially exceeded Street estimates, prompting a roughly 13% jump in the stock.
Shares of Archer Aviation (ACHR) and Joby Aviation (JOBY) both rose sharply today, yet the metrics behind the move reveal distinct trajectories. Joby is producing quarterly revenue above $24M and appears to be in the final stage of FAA type certification, while Archer reported just $1.6M in quarterly revenue and introduced a defense-oriented Halo a…
Paramount Skydance reported mixed second-quarter results, with consolidated revenue rising 1% to $6.91 billion and adjusted streaming and studio performance contrasting with a decline in television sales. Quarterly profit was $41 million, or 4 cents a share, below analyst expectations. The company said Paramount+ added 2 million subscribers, reachi…
Amgen reported second-quarter revenue and adjusted earnings above Wall Street expectations, led by robust demand for cholesterol drug Repatha, osteoporosis treatment Evenity and several rare-disease therapies. The company raised its full-year guidance and confirmed ongoing development of the MariTide obesity program while discontinuing a separate e…
SpaceX reported a 92% year-over-year increase in April-June revenue to $7.8 billion in its first earnings since going public, propelled by growth in its Starlink satellite-internet service and expanding AI-related operations. The stock has fallen since the IPO and faces potential selling pressure as a post-IPO lock-up period begins to expire. Inves…
Gilead Sciences reported an 8% increase in second-quarter product sales and a 10% rise in overall revenue to $7.8 billion, beating Wall Street expectations. Strong performance in HIV treatments, cancer drug Trodelvy and liver disease therapies helped lift results, while acquisition-related costs produced a quarterly net loss.
A U.S. federal judge in California has scheduled a 12-day trial for March 2027 to decide lawsuits contesting Paramount Skydance's proposed acquisition of Warner Bros. Discovery. California and a coalition of states, alongside the Writers Guild of America, allege the deal would harm competition in distribution and reduce opportunities for writers. P…
