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.
30,178 total articles
Citigroup CEO Jane Fraser told attendees at an RBC conference that the bank’s investment banking fees and markets business are tracking mid-teens percentage growth year-over-year for the first quarter. Fraser reiterated confidence in reaching a 10% to 11% return on tangible common equity by the end of 2026, described the global economy as "just fin…
Thinking Machines Lab has entered a multi-year agreement with Nvidia that includes a significant investment and guarantees the startup at least one gigawatt of the chipmaker's next-generation processors. The computing capacity, to be delivered via Nvidia's Vera Rubin systems beginning early next year, will be used primarily to train the company's A…
Insider filings disclosed Monday show a mix of sizeable insider purchases and large executive sales across a range of U.S.-listed companies. The largest reported buy was Vice President Alan Waxman's $5.53 million acquisition of Sixth Street Specialty Lending shares, executed through a trust in two tranches. Other notable buys include Broadridge's C…
J.P. Morgan identifies several European suppliers of mining equipment as attractive exposures within capital goods, citing robust order backlogs, clearer demand visibility and long-term spending tied to electrification and the energy transition. The broker singles out FLSmidth, Sandvik, Metso and Weir Group for their respective product portfolios a…
Legora, a Sweden-headquartered developer of artificial intelligence tools for the legal industry, announced a $550 million Series D financing at a $5.55 billion valuation to speed its rollout across the United States. The company said the capital will fund talent and infrastructure investments, additional U.S. hubs, and plans to expand its U.S. wor…
Saudi Arabia's Tadawul All Share index finished the session higher on Tuesday, supported by gains in Insurance, Financial Services and Real Estate Development sectors. The index rose 0.92% as a number of individual stocks posted double-digit percentage moves, while crude oil prices fell and gold futures advanced.
Shares of Rivian Automotive climbed about 5% on Tuesday morning after TD Cowen upgraded the stock from hold to buy and set a $20 price target. The upgrade followed a detailed assessment of demand for Rivian's forthcoming R2 model and revisions to 2027 financial assumptions that point to a narrower EBITDA loss and a higher terminal multiple.
Jefferies projects mixed February credit outcomes for major card issuers: net charge-offs are expected to tick up month-over-month while delinquency rates should modestly improve, reflecting normal seasonal patterns. Company-level forecasts from Jefferies show variation in the magnitude and direction of changes across American Express, Bread Financ…
Barclays analysts say Unum Group and Equitable Holdings present appealing entry points for investors seeking life insurance exposure, following a review of insurers' cash flow projections and private debt holdings. The bank cautions for selectivity amid macro and geopolitical uncertainty and emphasizes cash-flow durability and statutory stress-test…
Prosus shares rallied more than 8% in early European trade, briefly reaching €46.49, driven almost entirely by a sharp advance in Tencent Holdings following comments from U.S. President Donald Trump that the war in Iran would be coming to an end. Tencent closed up 7.3% in Hong Kong. Prosus remains heavily exposed to Tencent, which accounts for 75.9…
Bank of America analysts warn that Asia faces a material risk of liquefied natural gas shortages if disruptions in the Strait of Hormuz and potential halts in Qatari output persist. With about 85% of LNG transiting Hormuz destined for Asia, inventories that typically cover only several weeks of demand, rising spot and shipping costs, and limited re…
U.S. stock futures pared earlier advances on Tuesday as uncertainty over the outlook for the Iran war weighed on sentiment. By 07:47 ET, futures for the Dow, S&P 500 and Nasdaq 100 were all lower. Energy names retreated as oil eased from recent highs, while a range of corporate headlines from vaccine forecasts to AI-related hardware demand produced…
Macquarie upgraded Mitsui & Co. and Mitsubishi Corp. to Outperform, citing higher earnings visibility driven by tighter global gas markets, stronger oil-linked LNG pricing and widening regional spreads that are improving trading and optimisation income across energy and other business segments. The broker raised profit forecasts and lifted price ta…
Jefferies analysts say Canadian banks are among the global leaders in adopting artificial intelligence and are beginning to convert those investments into productivity gains that should lift earnings. The firm estimates a 50 to 75 basis point incremental improvement in efficiency over the coming years, with upside of more than 130 basis points not …
Stifel is flagging bond-market volatility as an attractive trade after noting that key volatility gauges and long-duration ETF levels sit near recent lows even after a recent Treasury selloff. The firm points to a widening gap between implied and realized volatility across asset classes, recommends a specific TLT call position for a weakening econo…
Aptevo Therapeutics reported strong interim data for its AML candidate mipletamig used with venetoclax and azacitidine, including an 86% clinical benefit rate and no cases of cytokine release syndrome in frontline patients. Despite these clinical outcomes, Aptevo shares fell 18% on Tuesday, a move the company said may reflect investor unease about …
Citi analysts argue that listed UK water utilities offer more robust protection against inflation for equity holders than energy network companies. The bank points to structural differences in how inflation is allowed to pass through to the Regulatory Asset Base (RAB) for water versus energy networks, and notes persistent uncertainty over how the M…
Futures tied to Canada’s main equity benchmark were muted as markets reacted to fresh statements from U.S. President Donald Trump and escalating military actions across the Middle East. Traders parsed comments suggesting the conflict could broaden, threats to the Strait of Hormuz and evolving developments that sent oil and bond markets swinging bef…
Goldman Sachs data shows short positioning across U.S. macro products - including index and ETF exposures - has climbed to its highest level since September 2022. The bank warns that crowded bearish bets, elevated hedge fund leverage and dealer short gamma create conditions that could produce abrupt market moves, particularly to the upside if negat…
Bank of America has resumed coverage of Qualcomm with an Underperform rating and a $145 price objective, citing subdued revenue and earnings growth through fiscal 2028, the likely loss of Apple modem revenue, and rising in-house semiconductor efforts from major customers. While Qualcomm's moves into automotive, IoT and AI infrastructure offer diver…
European airline stocks advanced after a sharp drop in crude prices following comments by U.S. President Donald Trump that the Iran war would end soon. Data from Morgan Stanley showed notable increases in fares on several long-haul routes and stronger yields in April, while JPMorgan highlighted mixed but potentially offsetting effects for carriers …
TD Cowen cut its recommendation on Novo Nordisk to Hold and lowered the price target to $42, warning that the company faces significant headwinds as semaglutide approaches loss of exclusivity. The bank pointed to disappointing trial results, slower-than-expected Ozempic prescriptions and lingering questions about long-term demand for oral GLP-1 com…
Baird mapped out three potential outcomes for global athletic and retail brand equities as crude oil holds above $100 per barrel on Day 10 of Operation Epic Fury, a U.S.-Iran conflict that began on February 28. The firm weighed a rapid de-escalation, a prolonged high-price environment, and a worst-case recession scenario, and identified a group of …
Macquarie analysts say ongoing conflict in Iran and associated maritime disruptions are creating immediate freight and fuel cost pressures that could weigh on Australian household retailers, particularly furniture sellers. The firm quantifies an immediate negative impact exceeding 2% on fiscal year 2027 net profit after tax if current conditions pe…
Citi Research upgraded Centrica Plc from "neutral" to "buy" and increased its 12-month price target to £2.18 from £2, citing heightened geopolitical risks and rising gas prices as drivers that make government support for strategic energy infrastructure - notably the Rough gas storage facility - more likely. Citi's valuation incorporates potential n…
