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.
19,867 total articles
U.S. stock futures opened lower as renewed strikes in the Gulf undermined prospects for a U.S.-Iran peace agreement and market participants prepared for a major inflation release that is closely followed by the Federal Reserve. By 06:37 ET (10:37 GMT), Dow futures were down about 60 points, S&P 500 futures fell roughly 14 points and Nasdaq 100 futu…
Shares of the company formerly known as Hoth Therapeutics surged in premarket trading as it began trading under the Rocket One name and new ticker, after announcing a corporate overhaul to pursue AI infrastructure, semiconductors and space-based AI systems for satellites. The firm has no recorded revenue and reported a loss of $0.17 per share in th…
Kohl’s has reiterated its full-year guidance after reporting first-quarter net sales in line with estimates. Management highlighted cost reductions and merchandising changes - including lower-priced fresh items, a renewed focus on jewelry and accessories, and growth of its Sephora partnership - as drivers helping to stabilize performance. The compa…
UBS moved Wärtsilä from a buy to a neutral rating while holding a €40 price target, arguing that the stock's run-up has balanced its risk-reward and that 2026 may mark peak datacentre order momentum. The bank adjusted its Energy original equipment order and revenue forecasts across 2026-2028, raised near-term Energy OE intake estimates, and provide…
Dell Technologies climbed sharply in pre-market trading after the U.S. Department of Defense awarded a five-year, $9.7 billion contract to Dell Federal Systems to consolidate Microsoft licensing and related services across the military, intelligence community and Coast Guard. The move, announced Wednesday, was followed by a $1.6 billion IREN purcha…
Tencent Healthcare President Alex Ng said smaller biotechnology companies tend to adopt artificial intelligence tools faster than large pharmaceutical firms because they are leaner and must find more efficient ways to work. He cautioned that large organisations with complex workflows do not always succeed simply by adding AI. Industry forecasts pre…
Caesars Entertainment shares rose nearly 2.0% in pre-market trading after the company disclosed a definitive agreement to be acquired by Fertitta Entertainment in an all-cash transaction valued at approximately $17.6 billion, including the assumption of about $11.9 billion of Caesars’ outstanding debt. The deal provides $31.00 per share to Caesars …
Unusual Machines shares jumped sharply in pre-market trading after reports that the Trump administration is negotiating direct funding for domestic drone firms and explicitly named the company as a target. The move was reinforced by a partner's selection into Phase II of a major Pentagon Drone Dominance Program and robust recent revenue growth.
Snowflake surged sharply in pre-market trading after reporting stronger-than-expected quarterly results, raising fiscal 2027 product revenue guidance and announcing a five-year, $6 billion spending commitment with Amazon Web Services. Management highlighted AI as a significant growth driver while the company confirmed plans to expand use of AWS Gra…
On May 28, Caesars Entertainment disclosed that Fertitta Entertainment, controlled by hospitality billionaire Tilman Fertitta, has agreed to acquire the company for $17.6 billion. The transaction values Caesars at $31 per share and includes approximately $11.9 billion in assumed debt. The proposal represents roughly a 50% premium to the company’s c…
Shares of multiple U.S. drone manufacturers climbed sharply after reports that the Pentagon is in talks with private drone companies about potential funding arrangements, including possible combinations of debt and equity. Market moves were led by Unusual Machines and followed by gains at Red Cat, AeroVironment, Kratos Defense & Security, Ondas and…
Berenberg has launched coverage of Aviva Plc with a buy rating and a price target of 800 pence, driven by a sum-of-the-parts valuation that values the company at £24 billion versus a market capitalisation of £18.82 billion at the London close on May 27. The bank projects steady increases in operating profit, net income, dividends and solvency metri…
Best Buy projected second-quarter revenue above Wall Street expectations after a first-quarter beat, citing continued demand for laptops and smartphones and expansion of its advertising and marketplace businesses. CEO Corie Barry will step down at the end of October and be succeeded by company veteran Jason Bonfig, who has outlined a strategy empha…
EQT has entered into a partnership with Google Cloud to help more than 300 companies in its portfolio accelerate AI deployment. The agreement provides access to the Gemini Enterprise Agent platform, cybersecurity services, early access to select future Google Cloud AI products, and collaboration with Google engineers and the cloud provider’s partne…
Shares of an aerospace and defense electronics manufacturer surged more than 10% in premarket trading after the company reported a standout quarter, sending its month-to-date gain to roughly 27.7%. The quarter featured a 25% year-over-year revenue increase to $1.38 billion and a 49% jump in net income to $233.8 million, driven by strong demand acro…
CVS Health said it will reinstate Eli Lilly’s injectable obesity medicine Zepbound on some commercial drug lists as an additional preferred option, and will remove a new-to-market coverage block on Lilly’s oral GLP-1 pill Foundayo where plans already approve coverage. Zepbound had been removed from CVS Caremark coverage on July 1 last year while co…
Dollar Tree raised its fiscal 2026 adjusted earnings-per-share outlook and reported first-quarter results that beat estimates, driven by sustained demand for lower-priced essentials, a shift to multi-price merchandising, and easing freight costs. The company reiterated its net sales guidance and said its upgraded EPS range excludes roughly $110 mil…
The U.S. National Highway Traffic Safety Administration has opened a preliminary investigation into 114,922 Rivian R1S and R1T electric vehicles after owner reports said a left rear toe link separated while driving, causing vehicles to swerve across lanes. One reported incident resulted in a collision with another vehicle and a roadside barrier. Th…
Barclays elevated Sweden's Boliden AB to 'overweight' from 'equal weight' and increased its price target to SEK650 from SEK540, pointing to a clearer earnings recovery driven by two large capacity expansions and an attractively low implied copper valuation. The bank's analysis details expected EBITDA contributions from the Odda smelter and Ronnskar…
Global Capability Centres (GCCs) in India are extending artificial intelligence beyond chatbots, integrating it into marketing, clinical workflows, regulatory drafting and enterprise operations. Companies from retail and consumer goods to pharmaceuticals and software are piloting and deploying AI tools to accelerate work once done manually, reclaim…
Hormel Foods reported second-quarter results that exceeded analyst expectations, driven by robust demand for its chicken, turkey and other protein offerings. Revenue and adjusted earnings per share topped estimates, the company reiterated its annual guidance, and shares rose sharply in premarket trading as consumers continued to favor pantry staple…
JD.com has told regulators that its planned purchase of German retailer Ceconomy is not supported by Chinese or any other non-EU government subsidies, stating the transaction will be financed through external private bank debt and available cash from regular business operations after the European Union launched a formal investigation under its subs…
Heineken shares dropped over 2% after Deutsche Bank downgraded the brewer from Buy to Hold and trimmed its price target to €76 from €93, pointing to elevated uncertainty around an upcoming CEO transition, weak beer demand in Europe and the United States, geopolitical pressures tied to the Middle East, and uneven growth in Mexico and Brazil.
IBM announced a $5 billion commitment to Project Lightwell, an initiative that will deploy engineers and AI tools to help companies secure open-source software. The program aims to establish a clearinghouse for reporting and fixing vulnerabilities across the software supply chain, and will be offered as a commercial subscription within the next 30 …
Wolfe Research projects that new classes of datacenter CPUs - orchestration and agentic - will lift the total addressable market for CPUs by roughly 30% through calendar year 2028. The firm highlights constrained TSMC capacity as a decisive factor in market share outcomes, models orchestration unit demand from GPU and XPU shipments, and lays out co…
