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.
19,809 total articles
Sunshine Biopharma Inc. (NASDAQ:SBFM) announced a one-for-ten reverse stock split set to take effect at the opening of trading on June 1, 2026. The company said the consolidation is intended to restore compliance with Nasdaq's minimum bid price rule for continued listing. Shares fell 21% on Thursday following the announcement.
Microsoft shares climbed 3% on Thursday after reports that the company will disclose a suite of internal AI models at its Build developer conference in San Francisco. The rollout, which includes a coding model aimed at enhancing GitHub Copilot, is part of an effort to cut dependence on external suppliers such as OpenAI and Anthropic and to lower th…
Berenberg has moved L'Oréal from Hold to Buy and increased its 12-month price target to €435 from €374, pointing to a return to historical organic growth, sector outperformance and strategic flexibility once the company eliminates net debt. The upgrade implies roughly 13% upside from the current share price of €385.85 and highlights both near-term …
The U.S. Surface Transportation Board has put on hold its review of the $85 billion merger application between Union Pacific and Norfolk Southern while seeking additional information from the railroad companies. The pause affects the environmental review and other proceedings; Union Pacific shares fell 4.2% and Norfolk Southern shares dropped 5.4% …
International Business Machines announced a five-year plan to invest more than $10 billion in quantum computing, aiming to deliver a large-scale, fault-tolerant quantum computer by 2029. The news, combined with federal equity funding for a new U.S. quantum chip manufacturing venture and a separate $5 billion Project Lightwell initiative to secure o…
Wix announced a reduction of roughly 20% of its global workforce in a company-wide message from Co-Founder and CEO Avishai Abrahami shared on X. The firm said the move is driven by the strengthening Israeli Shekel against the US Dollar and a fundamental change in how tech companies operate due to advances in artificial intelligence. Affected staff …
Tempus Technologies' stock rose sharply in morning trading after the company announced an expansion of its Next platform timed with the opening of the 2026 American Society of Clinical Oncology Annual Meeting. Additional developments - an upgrade to its Tempus Hub physician platform, a large conference presence, institutional buying and an imminent…
Mink Therapeutics shares climbed 8.6% in morning trading after the company announced dosing of the first patient in a randomized Phase 2 study of its lead allogeneic cell therapy, agenT-797, in patients with severe acute lung injury and critical illness. The trial, running at First Lviv Territorial Medical Union in Lviv, Ukraine, pits agenT-797 plu…
Teladoc rallied in morning trading after announcing that its virtual care services are now accessible through Walmart’s Better Care Services platform. The tie-up offers consumers insured and cash-pay options, including a stated $89 cash-pay price per visit, and follows an earlier addition of Teladoc’s BetterHelp mental health service to Walmart in …
Kratos Defense & Security Solutions surged 13.4% to $64.98 in morning trading after reports that the Trump administration is pursuing funding arrangements for domestic drone builders. The move was amplified by ARK Invest disclosing a purchase on May 27, 2026. Strong Q1 2026 results, a raised full-year outlook, and a sizable backlog and opportunity …
AeroVironment shares surged 14.3% in morning trading after media reports that the Trump administration is pursuing funding agreements with domestic drone firms, coupled with a $20 million, 39-month ceramics research contract from the Air Force Research Laboratory. The award adds to a string of recent government investments and contract wins that ha…
Quantum Cyber N.V. (NASDAQ:QUCY) reported plans to build a U.S.-based defense-technology manufacturing complex intended to produce a range of autonomous systems for federal, homeland security, local government and commercial customers. The announcement coincided with a 3.4% increase in the companys stock price. The facility is intended to shift th…
Red Cat Holdings Inc stock jumped sharply in morning trading following a report that the Trump administration is in active discussions about providing direct financial support to U.S. drone manufacturers, possibly including funding structures that would grant the government equity stakes. The move came alongside new analyst coverage and recent cont…
Figma shares climbed 5.4% in morning trading after activist investor Findell Capital Management publicly urged sweeping operational and governance changes and described the design software company as "a generational company". The campaign, paired with fresh analyst coverage that set price targets well above the current share price and Figma's robus…
Kohl’s Corp jumped 21.7% in early trading after reporting fiscal Q1 2026 results that topped Wall Street expectations on both revenue and earnings. The company reported a net loss of $14 million, or $0.13 per share, beating forecasts for a $0.18-per-share loss. Management reiterated full-year guidance, noted stronger inventory and expense control, …
Flowserve Corporation shares rose 1% after Starboard Value LP revealed a substantial stake and called on the pumpmaker to accelerate operational improvements and margin expansion. Starboard flagged the company’s lagging performance despite attractive end markets and highlighted a weak first-quarter organic revenue print that leaves the firm needing…
Shares of Aureus Greenway Holdings Inc. (NASDAQ: PUSA) rose sharply after Powerus, the company it has agreed to merge with, qualified to compete in the Phase II qualifier of the Department of War's Drone Dominance Program with its MatrixFold multi-purpose attack drone. The selection ties Powerus to a $1 billion Pentagon initiative focused on low-co…
Corsair Gaming rallied sharply, gaining 22.2% in morning trade and reaching a new 52-week high after the company introduced CORSAIR PRO, a suite of AI workstations and servers. The move built on an upbeat fiscal Q1 that exceeded earnings expectations and showed substantial adjusted EBITDA growth. Elevated short interest and subsequent analyst targe…
The U.S. Homeland Security secretary said federal authorities could soon stop processing international passengers and cargo at Newark Liberty International Airport because local police in northern New Jersey are not facilitating access for federal immigration officials. The warning, delivered on national television, follows plans the administration…
Shares of 3M fell in pre-market trading after Australia’s federal government filed a landmark suit against 3M Company and 3M Australia Pty Ltd seeking more than A$2 billion (about $1.43 billion USD) in damages tied to PFAS contamination from aqueous film-forming foam used at 28 defence bases. The Commonwealth alleges the company withheld informatio…
Cheniere Energy Partners has contracted Bechtel Energy to provide engineering, procurement and construction services for the first phase of an expansion at its Sabine Pass LNG terminal in Cameron Parish, Louisiana. The phase centers on Train 7, a boil-off gas re-liquefaction unit and associated infrastructure, and is expected to add more than 6 mil…
Innventure's stock slid 9% after short seller Morpheus disclosed a short position and raised doubts about a pivotal Accelsius agreement with Canadian firm DarkNX. The dispute centers on the existence and backing of a 300MW AI data-center deployment in Ontario that Innventure has said would drive a $100 million annualized revenue run rate and positi…
Teladoc Health said its virtual care offerings are now available through Walmart's Better Care Services platform, a move that lifted Teladoc shares by 7%. The agreement makes Teladoc's urgent care, dermatology and nutrition services accessible to Walmart shoppers via insurance benefits or a cash-pay option priced at $89 per visit, with prescription…
Shares of Ferrari plunged after the unveiling of the Luce, the automaker's first all-electric four-door, but Barclays views the market selloff as an exaggerated response. The bank points out the Luce will be a small portion of total volume when it reaches production and praises Ferrari's willingness to confront disruptive change even if the design …
Activist investor Findell Capital Management has launched a campaign pressing Figma Inc (NYSE:FIG) to slim its product slate, reduce operating spending and investigate possible governance conflicts tied to AI startup Anthropic. In a letter to Figma's board, the fund argued the company is materially undervalued and that public market fears around AI…
