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
GitLab's stock fell sharply in premarket trade after management provided fiscal 2027 adjusted EPS guidance that fell below analyst expectations. The shortfall prompted multiple brokerages to lower price targets, while at least one firm flagged the need for GitLab to clarify its competitive stance amid rapid AI developments in software creation.
Novo Nordisk shares advanced more than 3% on Wednesday after the U.S. Food and Drug Administration issued warning letters to 30 telehealth companies for making false or misleading claims about compounded versions of GLP-1 therapies, including semaglutide and Eli Lilly’s tirzepatide. The FDA emphasized that compounded drugs are not FDA-approved, dir…
An EU regulatory filing dated February 27 shows the Tesla-led carbon-credit pool used to help automakers meet bloc-wide emissions targets is being reconstituted for 2026, but does not include Stellantis, Toyota or Subaru. The three manufacturers joined the alliance in 2025; Stellantis and Toyota have signalled they are not currently participating f…
Goldman Sachs strategists warn that global equities face a heightened risk of a near-term correction driven by rising geopolitical uncertainty and concerns about AI-driven capital expenditure and disruption. While valuations are stretched and equity risk premia have compressed, the bank says strong economic growth, solid earnings momentum and healt…
A small number of repatriation flights were scheduled to depart the Middle East as governments attempted to bring home stranded citizens, while global airline equities showed signs of stabilizing after recent steep declines. Most Middle Eastern airspace remained closed for a fifth day, grounding the region's hubs and disrupting passenger and cargo …
Russia's transport ministry has accused Ukrainian naval drones of attacking the liquefied natural gas carrier Arctic Metagaz, which caught fire in the Mediterranean. Moscow says the vessel - laden with cargo from Murmansk - was struck near waters belonging to Malta and that all 30 Russian crew members are safe. Ukraine's security service did not an…
Aspen Pharmacare said it plans to seek regulatory approvals across sub‑Saharan Africa for Eli Lilly’s weight‑loss drug Mounjaro as early as this calendar year, following the registration of the KwikPen device in South Africa. The move targets rising demand for GLP-1 therapies in a region where such treatments remain relatively scarce and signals As…
Aedifica has obtained control of Belgian REIT Cofinimmo after the initial acceptance period for its exchange offer, acquiring 79.57% of shares tendered. The result fulfills the offer's threshold conditions and sets a March 10 settlement date when Aedifica will issue new shares to participating Cofinimmo shareholders. Both companies' shares fell aft…
Bank Leumi reported a fourth quarter 2025 return on tangible equity of 15.1% and announced upgraded financial targets for 2026-27 after meeting its 2025 objectives. The bank flagged continued loan and deposit growth, higher fee income, a Q4 dividend and a share buyback, while noting no immediate impact from the current military operation in Iran on…
European equities rose modestly as markets paused following a global sell-off driven by concerns the conflict in the Middle East could widen and persist. The STOXX 600 ticked higher, supported by gains in technology and healthcare, while oil prices climbed and select corporate names experienced volatile moves on company-specific news and earnings.
Indonesia's benchmark IDX Composite Index fell 4.86% at Wednesday's close, marking a six-month low as declines in Infrastructure, Financials and Agriculture weighed on trading. Market breadth was heavily tilted to the downside with losers far outnumbering winners. Commodity and currency moves included gains in crude and Brent oil and a firmer US do…
Volvo Cars reported a 10% drop in vehicle sales for the three months through February 2026, selling 156,965 units compared with the same period a year earlier. The company cited difficult market conditions - notably tariffs and unfavorable regulatory changes in the United States - and an extended new year holiday period in China. At the same time, …
Deutsche Bank upgraded AMG Critical Materials to a buy rating from hold and increased its price target to €42 from €41. The bank raised its fiscal 2026 adjusted EBITDA estimate to $238 million, placing the forecast at the top end of company guidance and citing improving visibility on the post-investment phase and price support for critical material…
European stock indices rose modestly on Wednesday as investors balanced mounting conflict in the Middle East against a fresh wave of corporate results. Benchmark indexes in Germany, France and the U.K. showed small gains by early European trading, while energy prices pushed higher amid ongoing strikes and disruptions. Results and guidance from seve…
Gresham House Energy Storage Fund reported a net asset value of 113.34 pence per share at December 31, down 2.36 pence in the fourth quarter but up 3.99 pence for the year. Portfolio EBITDA rose to £38.8 million in FY25, a 33.4% increase year-over-year, while quarterly EBITDA was about £9.5 million, an 11% increase versus Q3. The wider GB BESS mark…
FinecoBank S.p.A. has announced targets aiming for a low double-digit compound annual growth rate (CAGR) in earnings per share from 2025 to 2029, excluding revenue from planned international expansion. The bank set parallel growth goals for total clients and net sales, pledged to keep the cost-to-income ratio under 30%, and reaffirmed a 70%-80% div…
PhonePe, the leading payments platform in India backed by Walmart, is targeting a valuation between $9 billion and $10.5 billion in an initial public offering that would raise roughly $900 million to $1.05 billion. Major existing investors including Walmart, Tiger Global and Microsoft plan to sell shares in the offering; the company will not issue …
Gresham House Energy Storage Fund PLC reported a net asset value (NAV) per share of 113.3p as of December 31, 2025, a 2.0% decline in the fourth quarter. The NAV movement reflected a material downward revision to revenue assumptions, partially offset by favorable business developments and cash generation. The portfolio produced £15.4m of revenue an…
Traton, Volkswagen's commercial vehicle arm, projected a modest rebound in unit sales for 2026 with adjusted operating return on sales expected to remain broadly comparable to the prior year. The company reported weaker 2025 results amid tariff-driven cost pressure and soft European demand, even as incoming orders rose.
Morgan Stanley has updated its India focus list by adding three companies - Lenskart, Adani Power and Prestige Estates - citing differentiated business models, execution strengths and valuation support. The bank removed Reliance Industries, Titan and Interglobe Aviation from the list. MS points to Lenskart's vertical integration and operational eff…
Tokyo shares closed lower on Wednesday with the Nikkei 225 finishing down 3.70%. Losses were concentrated in Paper & Pulp, Transport and Communication sectors. Market breadth was heavily negative, with falling issues far outnumbering gainers. Volatility in Nikkei options retreated, while oil and gold prices moved higher and major currency pairs sho…
Continental said it expects its core tyres division to report broadly stable sales in 2026, with guidance that implies only a modest deviation from 2025 levels. The company set a revenue range and a slightly wider operating margin band for the segment as it completes a strategic shift to focus on tyres and disposes of its Original Equipment Solutio…
Shares of Hong Kong-based New World Development fell sharply after reports that negotiations with U.S. private equity firm Blackstone over a potential $2.5 billion investment into a special-purpose vehicle have stalled. The proposed deal, which would have made Blackstone the largest shareholder, has encountered resistance amid the Cheng family’s re…
Shares of Sumitomo Mitsui Financial Group fell sharply after reports that the bank's unit held significant exposure to Market Financial Solutions, a UK mortgage provider that was placed into administration in late-February amid allegations of financial irregularities and mismanagement. The decline contributed to a broader selloff on the Nikkei as c…
Voting has begun for a new works council at Tesla’s factory in Grünheide, Germany, where IG Metall is mounting a high-stakes push to win a majority of seats. The union has nominated 116 candidates for a 37-seat council and is challenging a council currently dominated by non-union members. Results are expected later this week after a campaign marked…
