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.
29,438 total articles
Quince Therapeutics plunged nearly 40% in premarket trading after announcing its lead candidate failed to meet trial endpoints. With no other products in the pipeline and limited cash, the company has hired LifeSci Capital to explore strategic options, including a possible reverse merger, while warning of financing, listing and restructuring risks.
ATN International said it has reached an agreement to sell 214 wireless towers located in the Southwestern United States to Everest Infrastructure Partners for up to $297 million in cash. Shares of ATN climbed 15.9% in premarket trading following the announcement. The company expects initial gross proceeds of roughly $250-$270 million, with additio…
LiveRamp Holdings expanded its share repurchase program by $200 million, lifting the total authorization to $1.5 billion and extending the program's expiration to December 31, 2027. The move left roughly $337 million available to repurchase through 2027 and was followed by an 8.4% premarket rise in the stock. Finance leadership framed the action ar…
ICON plc stock dropped 30% after the company said its Audit Committee, with external advisors, is investigating revenue recognition from fiscal 2023 through 2025. The probe prompted withdrawal of full-year 2025 guidance and a delay in quarterly results. Preliminary analyst notes flagged possible revenue overstatements of under 2% for 2023 and 2024,…
Fermi America LLC (NASDAQ:FRMI) shares rose 3.5% in premarket trading after the company reported forward movement in its strategic collaboration with Hyundai Engineering & Construction to restart commercial-scale nuclear construction in the United States. The partners are advancing Front-End Engineering Design for four AP1000 reactors planned for P…
Fidelity Investments is introducing two actively managed exchange-traded funds that invest in collateralized loan obligations (CLOs), joining other asset managers responding to strong investor demand for private credit exposure. One fund targets AAA-rated CLO tranches while the other focuses on lower-rated CLOs from BBB to B-. The move comes as the…
STRATA Skin Sciences Inc saw its shares tumble 60.8% in premarket trading following Nasdaq's decision to delist the company's stock for failure to meet the minimum stockholders' equity requirement. The firm was unable to reach the $2.5 million threshold despite an extension and efforts to raise capital. Trading is set to be suspended at the open on…
JPMorgan downgraded Kraft Heinz to Underweight from Neutral and trimmed its price target to $22 from $24 after the food company projected muted 2026 results, paused a planned corporate split, and outlined roughly $600 million of incremental 2026 spending. Shares fell in premarket trading as the bank highlighted persistent North American volume decl…
NuScale Power (NYSE:SMR) saw its stock climb 10% following the announcement of a collaboration with Oak Ridge National Laboratory to research artificial intelligence-guided nuclear fuel management for a 12-module reactor configuration. Funded through the U.S. Department of Energy's GAIN initiative, the work will explore whether sharing a single fue…
UBS has trimmed its price objective on Airbus to €225 from €240 and cut earnings forecasts by 3-5% as investor sentiment softens ahead of full-year results. The bank sees limited pricing upside over 2026-28, models fewer 2026 deliveries, and lowers its 2026 EBIT and free cash flow estimates while flagging higher inventory costs as Airbus supports s…
CarMax has named Keith Barr, formerly chief executive of InterContinental Hotels Group, as its next CEO effective March 16. The move comes as the used-car retailer pursues a turnaround plan in the face of softer demand, pressure on margins and efforts to reduce costs, including some staff reductions. Interim CEO David McCreight said the company nee…
FedEx told investors it expects adjusted earnings for the quarter ending Feb. 28 to surpass Wall Street's consensus and unveiled financial targets through fiscal 2029, including $98 billion in consolidated revenue, $8 billion in operating income and an 8% operating margin. The company also provided reported fiscal 2025 metrics as a baseline for its…
Bank of America applied its elasticity framework to forecast how sharply higher memory prices in 2026 could affect major PC makers. The bank finds Apple positioned to absorb most of the headwind with a small potential EPS hit, while Dell and HP would incur materially larger theoretical losses unless they take cost and specification actions.
CFM, the joint venture between GE Aerospace and Safran, is formally studying a more traditional ducted fan engine architecture in addition to its preferred open-fan, or open-rotor, concept. The open-fan design is promoted under the RISE research programme as delivering about 20% fuel and emissions savings, but the newly revealed 'Advanced Ducted-La…
Zoetis stock climbed 3% after the company reported fourth-quarter adjusted EPS of $1.48, topping the LSEG consensus of $1.40. Management issued fiscal 2026 guidance with adjusted EPS of $7.00 to $7.10 and revenue guidance of $9.825 billion to $10.025 billion, both slightly ahead of Wall Street expectations. Some analysts highlighted that internatio…
CK Hutchison Holdings Ltd. has notified A.P. Moller-Maersk A/S that it will pursue legal remedies if Maersk’s terminal arm moves to operate the Balboa and Cristobal ports without CK Hutchison’s consent. The move follows Panama authorities' invalidation of CK Hutchison’s contract to run the two ports, and Panama has indicated APM Terminals would man…
Shares of Dell and HP declined sharply after Lenovo warned that disruptions in memory supply and rising prices could affect the global hardware industry for a full year. Lenovo reported a 21% drop in December-quarter net income while revenue increased to $22.2 billion. The company said memory costs rose 40% to 50% in the last quarter and contract p…
Futures tied to Canada’s primary stock index moved modestly higher Thursday as market participants parsed a stream of corporate earnings and waited on additional U.S. economic data. The S&P/TSX 60 futures climbed by 3 points (0.2%) as the broader S&P/TSX composite retreated slightly from an earlier intraday peak. Technology losses, led by Shopify a…
Exelon reported fourth-quarter adjusted earnings above analyst expectations and raised its four-year capital expenditure plan to $41.3 billion from $38 billion. The Chicago-based utility said higher electricity rates and accelerating power demand supported the results and that it expects 2026 adjusted earnings of $2.81 to $2.91 per share, slightly …
PG&E raised the lower bound of its full-year 2026 profit outlook, citing strong power demand driven by data centers and broader electrification. The utility has moved additional data center capacity into final engineering and reiterated major transmission spending plans, even as quarterly adjusted earnings missed analyst expectations and shares dip…
Wells Fargo’s 2026 biotech outlook narrows its high-conviction SMID-cap ideas to six companies it expects to outperform based on near-term clinical readouts, regulatory milestones, and commercial rollouts. The bank’s coverage spans 22 names, but Ionis, Beam, Taysha, Sarepta, Spyre and RAPT stand out for their pipeline depth, upcoming data, and fina…
Clear Street has reduced the valuation it is seeking in its U.S. initial public offering to $7.2 billion from an earlier $11.8 billion target. The New York-based brokerage is offering 13 million shares at $26 to $28 apiece, down from an initial plan to sell 23.8 million shares at $40 to $44 each. The offering is expected to price later on Thursday,…
Barclays upgraded Recordati from underweight to equal weight, citing an improved valuation and reduced structural overhang after a year of underperformance and signs that private-equity holder CVC is less likely to place additional shares at current prices. The bank maintained its €48 price target and adjusted forecasts to reflect Isturisa commerci…
WarrenAI's latest screening highlights four companies with exceptionally large EPS growth projections and sizeable analyst upside targets. Each stock pairs projected earnings strength with differing revenue trajectories and risk profiles, creating varied opportunities for investors focused on high-growth outcomes.
Shares of BioMarin and Ascendis fell about 6% after BridgeBio reported that its oral infigratinib met the primary endpoint in the Phase 3 PROPEL 3 trial, demonstrating superior annualized height velocity and a first statistically significant improvement in body proportionality versus placebo. BridgeBio reported no serious adverse events related to …
