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.
18,052 total articles
This week's analyst activity featured a mix of value-driven upgrades, activist-driven sum-of-the-parts theses, strategic skepticism about capital-intensive telecom expansion, and renewed optimism around healthcare cost dynamics and Tesla's manufacturing moat. Key calls included Citi lifting Kohl's to Buy on a free-cash-flow valuation, Wedbush assig…
After an extraordinary run that has placed South Korea’s Kospi among the year’s top-performing benchmarks, some investors are dialing back exposure and buying downside protection. The surge, fueled by AI-related demand and strong returns from major chipmakers, has prompted fund managers to add hedges, while options activity indicates rising demand …
About 100 people gathered in Los Angeles to oppose the proposed $110 billion acquisition of Warner Bros. Discovery by Paramount Skydance. Speakers at the event warned that media consolidation threatens jobs, distribution outlets and specialized labor markets, while some state attorneys general prepare legal challenges. Studio executives have sought…
The departure of Spirit Airlines from the U.S. market has eased competitive intensity on many domestic routes, raising capacity-weighted concentration by about 4% year-over-year. Analysts estimate the industry could realize between $1.4 billion and $2.3 billion in additional annual revenue as a result of stronger pricing power. Delta, Southwest and…
A consortium formed by Bouygues Telecom, Orange and Free-iliad has signed a memorandum of understanding with Altice France to acquire SFR in a transaction valued at €20.35 billion including debt. The proposed deal would divide SFR's assets among the three buyers and reduce France's mobile operators from four to three, a structural change that will …
Bouygues Telecom, Orange and the Free-iliad Group have signed a memorandum of understanding with Altice France to buy mobile operator SFR for €20.35 billion including debt, the parties said. The Bouygues-led consortium agreed on the division of the purchase price, break-up fee ranges and set a short timetable to finalize contracts, while regulatory…
Alaska Air Group is monitoring jet fuel volatility and may restore its full-year guidance on the company’s upcoming second-quarter earnings call if fuel prices become more stable. CFO Shane Tackett said recent reductions in volatility have not yet provided enough confidence for a formal outlook, but higher fares, strong bookings and potential for r…
The MOEX Russia Index closed unchanged, marking a new six-month low, while advancing shares were outpaced by decliners. Select names including AFK Sistema, Magnit and Magnitogorskiy Metallurgicheskiy Kombinat posted gains, while Polyus and Novolipetsk Steel were among the laggards. Commodities and currency moves accompanied the session, with notabl…
Southwest Airlines expects Boeing's 737 MAX 7 to begin revenue flights in 2027, roughly six months after U.S. FAA certification, and is considering a range of product and network changes including airport lounges, trans-oceanic routes, and upgraded premium seating. The carrier is rolling out Starlink Wi-Fi and has not ruled out Amazon's Leo satelli…
Two large credit managers are buying debt positioned to withstand a possible credit downturn tied to heavy corporate investment in artificial intelligence. They are focusing on deal structure and borrower balance-sheet strength amid rapid issuance tied to data-center build-outs and broad AI-related capital expenditure plans.
Embraer chief executive Francisco Gomes Neto said on the sidelines of the IATA annual summit in Rio de Janeiro that some carriers are deferring decisions on whether to exercise previously signed aircraft purchase options amid uncertainty tied to the war in Iran and higher jet fuel prices. The company has not recorded requests to push back deliverie…
At IATA's annual summit in Rio de Janeiro, the head of the International Air Transport Association warned that sharply higher jet fuel prices, tied to conflict in the Middle East, are forcing airlines into costly detours and squeezing margins. Budget carriers, lacking premium revenue streams, are hardest hit, and more insolvencies and acquisitions …
Embraer reported that several airlines are delaying choices to exercise previously agreed aircraft purchase options amid uncertainty tied to the war in Iran and a sharp rise in jet fuel prices. The planemaker has not observed delivery deferrals or reduced active sales efforts, but incremental commitments are being approached with greater caution, a…
Eli Lilly released supplemental Phase 3 findings for retatrutide, a triple hormone receptor agonist for weight management. In the 80-week TRIUMPH-1 study, the 12 mg dose produced an average 28.3% body weight reduction and substantial rates of obesity remission by BMI. Nested analyses showed marked improvements in knee osteoarthritis pain and obstru…
An IATA regional vice president said Middle Eastern carriers should avoid deferring aircraft orders despite the war in Iran and rising jet fuel prices, citing lengthy manufacturer lead times and the potential long-term cost of postponements. Remarks were made at IATA's annual summit in Rio de Janeiro, and followed damage to a Kuwait airport termina…
Morgan Stanley analyst Brian Nowak reiterated his 'top pick' rating on Meta Platforms and maintained a $775 price target, arguing that four early-stage products and compute-leasing options could substantially improve the returns profile of the company’s sizable AI capital program. Nowak quantifies potential revenue and earnings-per-share contributi…
Frasers Group is reported to be considering a £500 million bid for Metrocentre in Gateshead, a major regional shopping destination. Knight Frank is running the sale, with initial offers expected next month. LandSec has also shown interest. The move would extend Frasers' recent push into shopping-centre and retail-park acquisitions.
The U.S. Food and Drug Administration has given orphan drug designation to pembrolizumab, marketed as Keytruda, as a potential treatment for neuroendocrine prostate cancer. The designation, granted on June 6, offers incentives for developing therapies for conditions affecting fewer than 200,000 people in the United States. Pembrolizumab is currentl…
Finnair is evaluating inflight internet solutions from SpaceX's Starlink and Amazon's Leo, holding talks with several service providers as it aims to formalize a Wi-Fi strategy within the year. The carrier reports robust demand on Europe-Asia routes amid the Middle East war, steady demand to the U.S., and says it has good visibility on summer jet f…
Elon Musk will speak remotely at a private ASML technology conference to outline Terafab, the SpaceX-Tesla chip venture that plans a U.S. factory with an estimated minimum cost of $55 billion. ASML invited him to discuss the project’s goals, including producing 2-nanometer chips and supporting a terawatt of computing power per year, and to explain …
Air New Zealand says hedging and fare increases have only covered 25% to 40% of higher fuel costs, and the carrier is modelling jet fuel near $150 per barrel on the Singapore Jet Index into its 2027 financial year. Management expects no supply shortages but calls the price spike its primary operational challenge and plans a mix of measures if eleva…
Citigroup strategist Scott Chronert lifted the firm's year-end 2026 S&P 500 target to 8100 from 7700, attributing the change to a sharp acceleration in corporate earnings driven by artificial intelligence infrastructure investment. Citi now projects index-level earnings of $350 in 2026 and has a preliminary estimate of $400 for 2027, while cautioni…
Airbus is reportedly poised to win a widebody aircraft purchase from SAS, with the Scandinavian airline weighing a mix of A330neo and A350 jets totaling roughly 15 to 20 aircraft. The deal is expected to be finalized in the coming weeks, with deliveries slated for the early part of the next decade. SAS has prioritized maintaining an all-Airbus wide…
Pfizer presented new clinical data and a development plan for berobenatide, a long-acting GLP-1 receptor agonist acquired through Metsera, reporting sustained weight reductions in Phase 2 trials and positioning the drug as a potential once-a-month option as the company scales Phase 3 studies and prepares commercial manufacturing.
Paramount Skydance Corp (NASDAQ:PSKY) is willing to sell some children’s television networks as a potential remedy to obtain European Union approval for its $110 billion acquisition of Warner Bros. Discovery Inc (NASDAQ:WBD). EU regulators are assessing overlap between Nickelodeon and Cartoon Network and are also examining implications for the thea…
