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
Six Flags Entertainment has appointed Richard Haddrill as executive chairman, shifting Marilyn Spiegel to the role of lead independent director, amid public pressure from activist investor Jana Partners to install new board leadership and evaluate a potential sale. The changes come as the company works to restore profitable growth while finishing u…
BlackRock CEO Larry Fink warned that oil prices could climb to $150 a barrel and precipitate a global recession if Iran continues to pose a threat to trade and to the Strait of Hormuz even after active hostilities cease. He made the remarks on the BBC's Big Boss Interview. Markets have seen heightened volatility in oil since the U.S.-Israeli war on…
Saudi Arabia's equity market closed higher, with the Tadawul All Share rising 1.19% to reach a one-month high. Strength in Hotels & Tourism, Agriculture & Food and Energy & Utilities sectors helped push stocks up. Market breadth was positive, and select large movers recorded double-digit basis-point shifts. Crude oil and Brent futures declined whil…
Apple shares rose modestly after the company began deploying an iOS update across the United Kingdom that introduces age verification and automated "communication safety" checks for Messages and FaceTime. The measures, prompted by UK government calls for stronger child protections online, will limit web browsing for adults who do not verify their a…
Morgan Stanley moved Prosus to an overweight rating from equal-weight and raised Naspers to Overweight, while reducing price targets for both. The bank says Prosus trades at a substantial holding-company discount to its net asset value, funded in part by Tencent sales that have underpinned a large share buyback program. Despite cutting its target p…
Freshpet (FRPT) ticked up in premarket trading after DA Davidson maintained a Buy rating and a $98 price target, arguing that recent announcements from competitors pose limited fundamental risk. The move follows press about The Farmer’s Dog launching on Walmart.com and talks of a Kirkland fresh pet food product at Costco. Bank of America acknowledg…
Futures linked to Canada’s primary equity gauge climbed Wednesday after media accounts suggested mediators were seeking talks between U.S. and Iranian officials and that Washington had offered a 15-point peace proposal. The move boosted risk assets, pressured oil prices and lifted precious metals, while U.S. futures also pointed higher ahead of fur…
Intel shares rose 4% and Advanced Micro Devices climbed 2.5% after reports said both companies notified customers of upcoming CPU price increases. The moves are tied to repeated price adjustments since the start of the year, average hikes of roughly 10% to 15% on many products, and lengthening delivery lead times that industry sources say have move…
NatWest Group has agreed to sell its consultancy arm Mentor to Empowering People Group, an HR and employment law services provider supported by Limerston Capital. The deal, which preserves a referral relationship between NatWest and Mentor, is expected to complete in the third quarter or early fourth quarter of 2026. Empowering People Group said th…
U.S. equity futures climbed Wednesday morning as markets weighed reports that mediators could organize peace talks between the U.S. and Iran. Growing hopes for a resolution to the month-long conflict coincided with a drop in oil prices and mixed corporate headlines that pushed energy shares lower while lifting travel, mining and select technology n…
UK headline inflation remained at 3.0% year-over-year in February, unchanged from January, while core inflation rose to 3.2%. Goods and services components diverged, with core goods accelerating and services easing, and consumer inflation expectations have jumped. Barclays warns that recent energy developments limit the forward usefulness of Februa…
Bank of America client flow data for last week shows a strong, concentrated shift into technology stocks while overall equity flows weakened. The S&P 500 declined 5.8% amid substantial single-stock selling and ETF outflows, yet tech recorded the largest inflows in BofA's records going back to 2008. Institutional and private clients largely sold, wh…
Morgan Stanley moved its stance on European energy stocks to Attractive from In-Line, arguing that the disruption to flows through the Strait of Hormuz represents a structural break that supports a longer commodity upswing and a tilt toward higher-beta energy companies. The bank raised oil and gas price assumptions, materially upgraded earnings for…
Liberty Energy Inc. saw its stock drop after unveiling a proposed private placement of $450.0 million in convertible senior notes due 2032, with an underwriter option for an additional $50.0 million. The notes are unsecured senior obligations, pay semiannual interest starting September 1, 2026, and include provisions for conversion, redemption and …
Morgan Stanley upgraded Croda International to overweight from equal-weight and increased its price target to 3,350 pence, citing the company's ability to pass through raw material cost inflation more quickly than several competitors. The bank updated its earnings forecasts, projected revenue growth for fiscal 2026-27, and highlighted improved free…
PDD Holdings reported fourth-quarter revenue of 123.91 billion yuan, narrowly missing the average analyst estimate of 124.4 billion yuan compiled by LSEG. Revenue rose 39% from the prior year, while net income fell 11% to 24.54 billion yuan. Shares experienced sharp intraday moves following the release, after a sizable year-to-date decline prior to…
Sturm, Ruger & Company shares rose after Beretta Holding S.A. announced a tender offer to buy up to 20.05% of the gunmaker at $44.80 a share. Beretta says it aims to acquire beneficial ownership of up to 30% of outstanding shares, has asked Ruger to waive a poison pill adopted on October 14, 2025, and said the tender will proceed only if the exempt…
The Adani conglomerate is in preliminary discussions with major U.S. technology companies, including Meta Platforms and Google, about partnerships for building data centers in India. Walmart-owned Flipkart is also reported to be engaged in talks. The group is evaluating potential locations across several Indian states while seeking to supply both l…
Bernstein has reduced its year-end Nifty target to 26,000 from 28,100, citing risks from a prolonged Middle East conflict that could combine rising crude prices, a softer rupee and higher inflation to produce macro conditions reminiscent of India’s post-2008 global financial crisis. The firm outlines four scenarios for the index and highlights vuln…
Nanobiotix shares climbed sharply after a French publication reported that Johnson & Johnson is examining a potential takeover. The move followed the disclosure that Nanobiotix is partnered with J&J on a cancer drug, but company and Johnson & Johnson representatives did not immediately comment. Analysts say a buyout is unlikely at this stage becaus…
Cipher Digital Inc. reported a new 15-year lease for a high-performance computing (HPC) data center campus with an investment-grade hyperscale tenant and finalized a $200 million revolving credit facility. The lease represents the company's third campus agreement and covers development and delivery of an HPC data center at an existing site. The cre…
Spanish gambling operator Codere has engaged Jefferies and Macquarie Capital to advise on a potential sale that could value the company at over 2 billion euros. The sale process is at an early stage, with indicative bids expected by mid-May, binding offers around early July, and a closing aimed for before the August summer break. The proposed trans…
Shares of Italian engineering group Maire climbed more than 6% following an upgrade from Kepler Cheuvreux, which raised its recommendation to Buy from Hold and set a €16 price target versus a trading price of €12.84. The broker said a near-20% decline since the start of the Iran conflict was unjustified, highlighted that projects in the Middle East…
On Holding AG said Chief Executive Officer Martin Hoffmann will step down effective May 1 after 13 years with the Swiss sportswear company. Co-founders David Allemann and Caspar Coppetti will become Co-CEOs while remaining Executive Co-Chairmen. The shift accompanies other executive moves, including a new CFO and a promotion to President & COO, as …
Barclays strategist Emmanuel Cau says recent reductions in risk by hedge funds and CTAs have not translated into broad market capitulation. Despite systematic de-grossing and a shift to neutral exposure among some managers, long-only investors continued to pour money into equities in March, keeping overall positioning far from panic levels. Options…
