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
Shares of YY Group Holding Ltd (NASDAQ: YYGH) rose after the company instructed sales agents to halt its At-The-Market equity offering, directed cancellation of 1,004,107 unissued common shares, and confirmed liquidity adequate to support near-term operations and its fiscal 2026 revenue targets of $103 million to $110 million.
Avis Budget Group Inc. shares slid 3.3% on Monday after the car rental operator put in place an at-the-market equity offering program. The company entered into an Equity Distribution Agreement with ten sales agents to enable sales of up to 5 million common shares, with commissions capped at 2.00% per share and no obligation to sell.
Senator Richard Blumenthal has asked Securities and Exchange Commission Chairman Paul Atkins for documents and communications following the sudden resignation of the agency's top enforcement official, Judge Margaret Ryan. The request centers on reported clashes over enforcement strategy, particularly in cases linked to cryptocurrency executives wit…
Raymond James downgraded Boston Scientific's rating from Strong Buy to Outperform and lowered its price target to $88 from $97, citing increased variability in key growth drivers. The firm reduced near-term revenue forecasts and growth assumptions for Watchman and electrophysiology, while noting positive CHAMPION-AF trial results for Watchman and a…
Monday's session produced a wide range of stock moves across market-cap tiers. Among mega-cap equities, Exxon Mobil and PepsiCo advanced while Micron Technology and several other large names fell. The large-, mid- and small-cap universes also posted mixed results, with steep declines in some names and double-digit gains in others.
French anti-terrorism authorities said two additional people were arrested on Monday in connection with a foiled attempt to detonate an improvised explosive device outside Bank of America’s Paris office, raising the number of people in custody to five. The custodial detention of three minors arrested earlier was extended, while investigators contin…
Kezar Life Sciences Inc. stock jumped 19.2% on Monday after Aurinia Pharmaceuticals announced a planned acquisition offering $6.955 in cash per share plus a contingent value right. The transaction, unanimously approved by Kezar's board, includes contingent payments tied to the development or disposition of zetomipzomib, proceeds from a collaboratio…
MakeMyTrip Limited (NASDAQ:MMYT) saw its shares decline 3.5% after a short-seller report from Morpheus Research accused the Indian online travel agency of continuing to enforce price parity with hotel partners, despite a 2022 Competition Commission order, and raised questions about the company’s accounting for fines, receivables and adjusted metric…
Nexstar Media Group shares fell about 9% on Monday after a federal judge in Sacramento granted DirecTV's request to pause the broadcaster's merger with Tegna Inc. Judge Troy L. Nunley issued a 24-page order instructing the companies to stop further efforts to combine while a lawsuit by DirecTV and a coalition of state attorneys general, led by Cali…
China Southern Airlines reported a net profit of 857 million yuan for 2025, its first full-year profit since 2019. The result fell within the carrier's January guidance range of 800 million to 1 billion yuan and reversed a 1.7 billion yuan net loss recorded in 2024. Management cited optimisation of passenger and cargo capacity and strengthened cost…
HSBC upgraded Carnival Corporation to Buy from Hold and set a $30.10 price target after the cruise operator reported quarterly results that pointed to persistent demand, better cost control and ongoing deleveraging. The bank trimmed near-term earnings forecasts because of higher assumed fuel costs but maintained that core fundamentals remain sound,…
Insmed stock rose after analysts reacted to positive Phase 3 data for United Therapeutics' Tyvaso in idiopathic pulmonary fibrosis and to Morgan Stanley's upgrade following physician-survey results on Brinsupri adoption. Multiple firms maintained or raised price targets and ratings, citing validation of the inhaled prostacyclin class and improved v…
Volvo Cars and Geely Auto have signed a memorandum of understanding establishing a commercial partnership under which Volvo Cars will act as the exclusive importer and take on commercial and brand responsibilities for Lynk & Co in Europe. The deal leverages Volvo's retailer network and sales and service systems to support Lynk & Co's expansion in t…
Uber said on Monday it has agreed to acquire Blacklane, the Berlin-based chauffeur service, in a move to expand its premium ride options aimed at business executives and affluent consumers. The transaction is expected to close by the end of 2026, subject to regulatory approvals and customary closing conditions; financial terms were not disclosed.
BYD told analysts on a post-earnings call that it is highly confident of reaching its 2026 overseas sales target of 1.5 million vehicles or more, with international markets potentially growing to about half of its total business. The company has revised this year's export target to 1.3 million units and reported a larger-than-expected profit declin…
European markets, and Germany in particular, have shown renewed strength after a period of heightened volatility. A small set of German equities has produced outsized returns through March, led by Verbio Vereinigte BioEnergie (VBK), which climbed 64.57% from March 1 to March 30. Portfolio strategies and AI-driven stock selection models highlighted …
Shareholders of Starbucks voted decisively this week to reelect two directors targeted by a coalition of labor-focused investor groups who criticized the board for disbanding an independent committee that had overseen labor relations. The vote tally, released Monday, preserves the board's current composition even as company and union negotiators si…
Barclays examined the commodity price signals embedded in current equity valuations across its coverage universe. The bank finds that several major miners are valuing iron ore, copper and aluminium at levels different from prevailing spot prices, with notable discounts for some iron ore names and wide dispersion across copper and precious-metal min…
Bernstein analysts argue that crypto-linked equities may be nearing a cyclical bottom as temporary weak sentiment and geopolitical uncertainty have pushed valuations to steep discounts. The firm points to discounted multiples for Coinbase, Robinhood and Figure, and expects a bottom to form into weak first-quarter earnings, while projecting growth d…
Alaska Air Group said it now expects a wider adjusted loss for the first quarter after a steep rise in oil prices tied to the Iran conflict and weakening demand on certain routes. The airline flagged higher economic fuel costs and recent regional disruptions as key pressures, while noting continued strength in corporate bookings.
The White House has begun its review of a Securities and Exchange Commission proposal that would change the frequency of corporate disclosures from quarterly to semiannual reporting for some issuers. The submission to the Office of Management and Budget starts an administrative review that must conclude before the SEC can publish the proposal for p…
Sysco has agreed to acquire family-owned Jetro Restaurant Depot in a $29 billion transaction including debt, a move that extends the nation's largest food distributor into the cash-and-carry wholesale channel. The deal will be financed largely with new and hybrid debt, prompted an about 8% premarket drop in Sysco shares, and grants Restaurant Depot…
Velo3D saw its shares rise about 10% after winning a $9.8 million, five-year Indefinite Delivery Indefinite Quantity contract with the Defense Logistics Agency to provide additive manufacturing services for the agency's Joint Additive Manufacturing Acceptability Pilot Parts Program. The deal tasks Velo3D with supplying complex metal components for …
Microsoft introduced a set of upgrades to its Copilot research assistant that let multiple AI models operate within the same workflow. The new "Critique" capability pairs outputs from OpenAI's GPT and Anthropic's Claude so one model drafts responses while the other reviews them. The company also launched a "Model Council" comparison tool and began …
Goldman Sachs initiated coverage of Qualcomm with a Neutral rating and a 12-month price target of $135, arguing that gains from automotive and industrial IoT businesses are being offset by weakening prospects in the core smartphone market. The bank projects modest upside from current levels and highlights both the company’s diversification progress…
