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.
19,756 total articles
Clearmind Medicine Inc reported the publication of a Japanese patent application covering proprietary compositions that include 5-Methoxy-2-aminoindan (MEAI), a non-hallucinogenic candidate for treating depression. The announcement preceded a 95% jump in the company's shares in premarket trading, and the filing expands a global intellectual propert…
Click Holdings Limited (NASDAQ:CLIK) saw its shares jump 16% in premarket trade on Friday after announcing the acquisition of a Hong Kong company that operates a digital payroll and workforce-management platform for the construction sector. The deal gives Click Holdings access to a large database of construction workers and a route to offer job mat…
Sunlands Technology Group revealed a $50 million share repurchase program, prompting a 90% rise in its shares in premarket trading. The board approved the buyback of Class A ordinary shares in the form of American depositary shares over the next 36 months, a move the company says reflects a strong capital position and commitment to returning value …
Gap Inc. stock fell sharply in pre-market trading following an after-hours earnings release that trimmed the company’s full-year sales outlook and flagged softer seasonal categories, notably dresses. Management lowered its sales growth target and issued cautious second-quarter revenue guidance, prompting analyst downgrades and a company-specific se…
Virgin Galactic Holdings saw premarket shares rise after its VSS Unity spacecraft resumed glide operations at Spaceport America. The flight marked the first of multiple planned glide sorties aimed at pilot training and broader operational preparedness for the company's next-generation Spaceship, which the company expects to begin glide tests in Q3 …
Shares of iHeartMedia and SiriusXM fell after reports indicated that preliminary merger negotiations between the two audio companies have been paused. The talks, which aimed to form a larger audio entertainment competitor to streaming services, did not produce an agreement; sources say talks could resume in the future. With discussions stalled, bot…
Nextpower Inc reported a definitive agreement to acquire Prevalon Energy for up to $365 million, driving a roughly 10% gain in premarket trading. The deal brings battery energy storage systems (BESS) deployments and energy management software into Nextpower’s portfolio, prompts raised fiscal 2027 guidance, and draws favorable reactions from several…
International Flavors & Fragrances Inc. has reached an agreement to sell its Food Ingredients business to funds advised by CVC Capital Partners for approximately $4.3 billion. The transaction, which values the unit at an enterprise value-to-EBITDA multiple of roughly 10x, leaves IFF with a 10% minority equity stake and a board seat in the new compa…
Krispy Kreme Inc. (DNUT) stock climbed in premarket trading after director Bernardo Hees disclosed purchases of 225,077 shares through BHBK LLC between May 26 and May 28. The transactions increased the director's indirect holdings via the LLC to 919,522 shares and left him with 702,728 shares held directly, including unvested restricted stock units…
Tempus AI, Inc. (NASDAQ:TEM) saw its shares rise 3.5% on Friday after receiving FDA approval to run its xT CDx next-generation sequencing platform as a tumor-only assay. The decision makes Tempus the first laboratory with FDA companion diagnostic clearances covering both tumor-only and tumor-normal comprehensive genomic profiling. The approval is e…
Wolfe Research downgraded Boston Scientific to Peer Perform, signaling an end to a multiyear bullish thesis after two primary growth catalysts - pulsed field ablation (PFA) and the Watchman left atrial appendage closure device - faltered sharply in the first half of 2026. Analyst Mike Polark, who had supported the stock for four years, lowered his …
uniQure stock jumped about 20% on Friday following news that Replimune has reached alignment with the U.S. Food and Drug Administration to resubmit a Biologics License Application for RP1 in combination with nivolumab for advanced melanoma. Replimune's shares rose roughly 70% after announcing imminent BLA resubmission, reversing a prior agency reje…
U.S. stock futures were modestly higher Friday morning following reports that the U.S. and Iran agreed to extend a ceasefire and remove restrictions on vessels transiting the Strait of Hormuz. In premarket trading, Dell jumped after raising its full-year outlook, while peers and other corporate developments produced a range of outsized moves across…
UBS began coverage of Unite Group Plc with a buy recommendation and a 12-month target of 585p, arguing the student-housing operator is being priced for a permanent structural decline rather than a cyclical slowdown. The bank’s valuation work, including an Economic Value Add model and a t+1 NTA projection, underpins the target and implies a double-d…
SentinelOne posted fiscal first-quarter results that prompted divergent reactions from Wall Street, with Raymond James downgrading the cybersecurity company to Market Perform while Bank of America upgraded it to Buy and raised its price target. Shares slid in premarket trading after management disclosed an 8% workforce reduction alongside revenue t…
Replimune Group's stock climbed sharply after the company reached an agreement with the U.S. Food and Drug Administration on a pathway to resubmit its experimental treatment for advanced melanoma. The firm plans to file again in the coming days, though it is not yet clear whether the new submission will include fresh clinical data or additional ana…
NetApp shares surged in pre-market trading after the company reported record fiscal fourth-quarter and full-year metrics, beating expectations across revenue, margins and cash flow. Management issued fiscal 2027 guidance above consensus and increased share repurchase capacity by $1 billion, while highlighting expanding AI-related wins and rising pu…
SoFi Technologies shares jumped in pre-market trading after its banking arm issued SoFiUSD, becoming the first U.S. national bank to offer a regulated stablecoin inside its app. The launch, combined with better-than-expected Q1 2026 results and reaffirmed 2026 guidance, has investors reassessing SoFi's positioning in digital assets and fee-based re…
Hewlett Packard Enterprise shares surged 18% on Friday and Super Micro Computer rose 10% after Dell Technologies reported a strong quarter and significantly raised its revenue and AI-server outlook. Dell's results, driven by demand for Nvidia-powered AI servers and supported by large data center customers, lifted sentiment across AI infrastructure …
SoFi Technologies shares rose 7% Friday morning following a 5% gain a day earlier after the company launched SoFiUSD, described as the first stablecoin issued by a U.S. national bank on a banking platform. The coin is redeemable 1:1 for U.S. dollars, will be available on major blockchain networks, and is being rolled out to the company’s nearly 15 …
Agios Pharmaceuticals' stock declined sharply after the company said a Phase 2b trial of tebapivat in lower-risk myelodysplastic syndromes (LR-MDS) did not meet the predefined criteria needed to support continued development in that indication. While the drug showed biological activity and was well tolerated, it failed to deliver clinical benefit i…
Stellantis has no immediate plans to broaden its recently announced cooperation agreements with Jaguar Land Rover and Tata Motors into the European market, the group's head of Europe said. While analysts have speculated the partnerships could support European operations, management says Europe was not the original target for those joint ventures an…
Deutsche Bank lowered ratings for four UK retailers and adjusted price targets across its coverage, citing uncertainty about how inflation will affect consumer spending and retailer margins. The bank flagged weaker consumer confidence since March and a slowdown in retail spending in April, while noting retailers are better positioned than in 2022 o…
Li Auto shares fell sharply after the company's Q1 2026 report showed a deterioration in profitability despite revenues and deliveries that met or exceeded some expectations. Management forecast weaker second-quarter revenue and gave delivery guidance that implied a year-over-year decline, prompting analyst price-target cuts and a wave of selling t…
Barclays has taken a more cautious stance on the digital IT services sector, lowering ratings on EPAM Systems and Grid Dynamics to Hold while upgrading Everforth to Hold. The bank cautions that demand carries more downside than upside as clients await next-generation technology and adjust near-term spending, leaving valuations unlikely to re-rate w…
