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.
8,959 total articles
Rightmove Plc saw its shares fall more than 6% on Wednesday after a class action seeking nearly £1.5 billion in damages was submitted to the Competition Appeal Tribunal. The claim, lodged by accountant and former CMA panel member Jeremy Newman, alleges that Rightmove has abused a dominant market position by imposing excessive subscription fees on t…
NASA mission managers have given the go-ahead to launch the Artemis II crew on a roughly 10-day flight around the moon, aiming for a Wednesday evening liftoff. The flight will test Orion and the Space Launch System with four astronauts aboard, travel farther than any prior human spaceflight, and serve as a key step in the Artemis program's push to …
Leerink's report finds the Centers for Medicare & Medicaid Services has dramatically increased the number of Medicare Advantage contracts subject to 2020 RADV audits, moving from 58 contracts in 2018 to 470 for the 2020 review. Processing is slated to begin in April 2025, with each contract requiring examination of 35 to 200 members' medical record…
Nike signaled a setback in its attempted business recovery, saying on April 1 that unrest in the Middle East has already disrupted shopping patterns across parts of Europe, the Middle East and Africa and that higher trade-related costs are constraining margins. The company reported some growth in its running franchise but flagged a steep current‑qu…
Shell is in advanced negotiations with Venezuelan authorities to develop four large offshore areas adjacent to Trinidad and Tobago, aiming to expand beyond the Dragon gas field and aggregate roughly 20 trillion cubic feet of gas across Mariscal Sucre and Loran-related areas. The plan would route Venezuelan gas to Trinidad for processing and export …
Luigi Mangione, accused in the December 4, 2024 shooting death of UnitedHealthcare CEO Brian Thompson, appeared in federal court for a hearing on his request to delay his federal trial. His lawyers say overlapping state and federal trials would hamper his ability to prepare; federal prosecutors oppose a broad postponement but have suggested limited…
Tesla is forecast to report a sequential decline in first-quarter vehicle deliveries versus the December quarter, driven by softer demand and tougher competition in Europe and China. Visible Alpha polling places Q1 deliveries near 368,900 units, down about 11.8% sequentially but up about 9.6% year-on-year. Market sentiment has cooled recently even …
Uber has communicated interest in acquiring a controlling stake in Kakao Mobility and is conducting due diligence, according to Seoul Economic Daily. The stake being considered would be greater than 50% and would include shares held by a TPG-led consortium, Carlyle, and part of Kakao Corp's holding. Kakao Mobility's valuation is estimated at approx…
Shares of Britain’s largest mining firms rose on Wednesday as signs of easing geopolitical tensions in the Middle East helped calm commodity markets. Major miners including Rio Tinto, Antofagasta, Glencore and Anglo American traded higher in early London hours, contributing to a lift in the FTSE 100 above 10,300. Stabilising metals prices and eleva…
French anti-terrorism prosecutors are investigating a thwarted March 28 attack on Bank of America’s Paris offices and say evidence points toward a pro-Iranian group known as HAYI. Prosecutors cited a March 23 propaganda video that named the bank and said the device recovered was the most powerful pyrotechnic device of its kind found in France. Four…
Global merger and acquisition activity surpassed $1.2 trillion in the first quarter, LSEG data shows, as big-ticket transactions led by AI-related investments and cross-border deals offset a drop in overall deal counts. While the number of deals declined 17% year-on-year, total deal value rose 26%, driven by a surge in large transactions and substa…
Ferrexpo Plc warned investors that its readily accessible cash has fallen sharply and may only cover operations through the end of June 2026, prompting the company to explore potential funding options including an equity capital raise. The announcement sent shares lower by more than 10% as the miner detailed declines in cash balances, withheld VAT …
Bank of America’s Sell Side Indicator slipped to 55.7% in March from 56.0%, marking the first reduction in recommended equity allocations from sell-side strategists in over six months. The dip followed a 5% decline in the S&P 500 during March amid geopolitical worries. Despite the pullback, BofA retained its year-end S&P 500 target of 7100 and its …
Chinese GPU and AI chip manufacturers took nearly 41% of the AI accelerator server market in China in 2025, cutting into Nvidia’s prior dominance. Total shipments in the market reached about 4 million cards, with Nvidia remaining the single largest supplier at roughly 2.2 million units and a 55% share. Domestic vendors shipped about 1.65 million ca…
Oil futures and shares of large energy companies fell sharply after U.S. President Donald Trump said he expected the Iran conflict to be over within "two to three weeks." Brent crude dropped below $99 at one point before recovering above $102, while U.S. and European oil majors saw price declines in early trading. Broader equity markets and gold mo…
Shares of S&U Plc climbed more than 12% on Wednesday after the specialist motor and property lender said only a very small proportion of its motor finance customers were likely to qualify under a proposed Financial Conduct Authority redress scheme. Comments from Advantage Finance's chief executive and new trading levels helped push the stock higher…
Arcline Investment Management has withdrawn from ongoing buyout discussions for British aerospace and defence supplier Senior Plc, narrowing the field of potential acquirers. Senior's shares were only marginally higher as of 0815 GMT. The company continues talks with other private equity bidders, including Advent and a Tinicum-Blackstone consortium…
Arcline Investment Management LP said on Wednesday it will not proceed with a proposed acquisition of Senior plc, filing a statement under Rule 2.8 of the City Code on Takeovers and Mergers. The firm said it retains the ability to restart a bid if certain events occur, including a board-sanctioned approach, a formal bid from named potential rival b…
RBC Capital Markets upgraded Barratt Redrow to outperform from sector perform and trimmed its price target to 350p from 425p, arguing the stock's selloff has become excessive. The broker reduced volume, revenue and profit forecasts across FY2026-FY2028, laid out upside and downside scenarios, and highlighted risks tied to the Redrow integration, sy…
Meg O'Neill began her tenure as BP's chief executive on Wednesday, telling staff she will bring steady leadership while seeking to accelerate the group's performance. Her appointment - the first external CEO in over a century and the fourth since 2020 - accompanies a broader company reset that includes cuts to renewable spending, asset disposals, d…
Indonesia's stock market closed higher on Wednesday, driven by advances in the Infrastructure, Financials and Agriculture sectors. The IDX Composite rose 1.55% in Jakarta trade, with several small- and mid-cap names posting double-digit gains while other stocks saw sizable declines. Commodity and currency markets moved in mixed directions, with cru…
J.P. Morgan initiated coverage of Inficon with an "overweight" rating and a December 2027 price target of CHF130, implying a roughly 29.7% upside from the March 31 close of CHF100.20. The bank's thesis centers on Inficon's exposure to a wafer fabrication equipment cycle, projecting above-consensus sales and earnings growth through 2028 and a return…
JPMorgan has revised its stance on European utilities, pointing to elevated commodity prices following the conflict in Iran as a principal factor improving near-term earnings prospects and supporting a longer-term revaluation of the sector. The bank upgraded Engie to Overweight, retained Overweight convictions in RWE, SSE and Centrica, and kept For…
Jefferies released a fresh ranking of major tobacco companies based on March performance in the oral nicotine pouch category. The note evaluates volume changes, price per unit, and brand momentum as tobacco firms press further into smoke-free products, with ZYN, Velo, on!, and Zone receiving differentiated assessments.
British equities opened strongly on Wednesday, buoyed by a U.S. announcement on potential troop withdrawal from Iran. By 07:25 GMT the FTSE 100 had climbed 1.7% while the pound strengthened to 1.3280 against the dollar. Several FTSE-listed companies disclosed operational and strategic updates, including a developer pausing land purchases, a retaile…
