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.
20,006 total articles
Bank of America raised its Apple price target from $330 to $380, arguing that the emergence of agentic artificial intelligence could become a new revenue frontier for the company. In a note from analyst Wamsi Mohan, the bank said Apple’s control over device hardware, the iOS ecosystem, and user context positions it to capture value if AI assistants…
Norwegian equities closed modestly higher on Tuesday, with the Oslo OBX climbing 0.20% as the Healthcare Equipment & Services, Pharma Biotech & Life Sciences and Utilities sectors provided the main upward momentum. Market breadth was mixed, with more declines than advances across the exchange. Norsk Hydro set a new all-time high, while select energ…
Israel's benchmark TA-35 index closed lower on Tuesday, slipping 0.96% as losses across banking, financials and insurance shares outpaced gains in select defense and renewable stocks. Market breadth favored decliners by a significant margin, while commodity and currency moves showed mixed signals.
Qualcomm shares rose 4% on Tuesday after a Bloomberg report said the company had landed a deal to supply application-specific integrated circuits (ASICs) to ByteDance, the owner of TikTok. The chips are intended to support ByteDance's AI agent software and could make the Chinese tech company one of Qualcomm's first substantial customers for its AI-…
Molson Coors stock slid about 4.0% to $40.86, approaching its 52-week low, after management issued FY2026 EPS guidance well below consensus and warned of headwinds from higher aluminum tariffs and weaker spending among price-sensitive consumers. Industry and company volume data show meaningful deterioration, while analysts have pared targets and fl…
Ferrari’s unveiling of the Luce, a four-door, five-seat electric vehicle priced at €550,000 ($640,000), prompted a negative market reaction and critical commentary from collectors and investors. Milan-listed shares fell nearly 7.8% around 1425 GMT while New York-listed shares lost roughly 4.6%. The model, created with design help from Jony Ive and …
Trading on Tuesday featured a pronounced advance in semiconductor and related technology names, headlined by Micron Technology and SanDisk, alongside broad strength among mid- and small-cap issues. At the same time, some large-cap retailers and a few small-cap issuers registered declines. The session produced a mix of double-digit winners and steep…
Intuitive Machines Inc. shares climbed sharply in morning trading after a significant price-target increase from Cantor Fitzgerald and growing investor enthusiasm for space-related equities. The stock hit a fresh 52-week high as the firm pointed to several near-term catalysts, including an imminent Lunar Terrain Vehicle award decision, progress on …
Soitec SA shares fell about 4.7% to 167.2 as investors reduced positions ahead of the company's fiscal 2026 results due May 27, 2026. The slide reflects pre-earnings caution, a cluster of Hold ratings from analysts, and downgraded profit expectations for the year. Market focus is on revenue, capacity utilization, order flow and management guidance …
xAI’s general counsel instructed employees to limit interactions with Cursor staff to only what is required under their existing technical partnership, citing legal and regulatory constraints tied to a potential acquisition. The directive coincided with SpaceX filing for an initial public offering and reiterates that xAI and Cursor must operate ind…
Dropbox shares slipped in morning trading after the company disclosed a leadership transition that will see co-founder Drew Houston cede the CEO role to Ashraf Alkarmi, who has been promoted to co-CEO effective immediately. The board also named Michael Torres as Chief Product Officer effective July 7, 2026, and reiterated that Q2 2026 and full-year…
Demand for temporary nursing staff rose 3.6% week-over-week following a 3.2% gain the prior week, according to Jefferies data. Nursing demand outpaced allied health within the Aya Travel RN & Allied Health Demand Index, while the JEF Bill Rate Index ticked up modestly to roughly $2,218 per week. Job listings data were mixed across vendors, and AMN …
Micron Technology shares jumped in early trading after UBS raised its price target from $535 to $1,625, citing stronger AI-driven demand and a shift toward long-term supply agreements that could reduce earnings volatility. The new target implies a potential market value approaching $1.8 trillion over the next year, compared with Micron's $846.93 bi…
Goldman Sachs raised its projection for 2026 capital expenditure growth to 7.8% from 6.5%, saying first-quarter investment momentum and structural drivers such as enterprise AI spending and tax incentives should sustain capex growth. The firm argued that elevated oil prices are unlikely to meaningfully disrupt business investment, noting a weakened…
Astellas Pharma shares fell 1.5% to ¥2,233.5 following the unveiling of the CSP2026 five-year growth roadmap. The plan sets ambitious clinical and profit targets but comes amid investor worries about anticipated Xtandi sales declines related to patent expirations and a medium-term earnings outlook that projects revenue and EPS deterioration. Analys…
Warner Bros. Discovery increased the size of a bank-led bridge loan offering for a second time, with the dollar tranche raised from about $10 billion to a range of $12.5 billion to $13.75 billion and the euro tranche potentially doubling to €2 billion. The move is intended to fully refinance roughly $15 billion of short-term financing before the pl…
The U.S. Supreme Court on Tuesday refused to hear Meta Platforms' appeal challenging a Vermont state court lawsuit that alleges Instagram was engineered to promote addiction among teenagers. The decision leaves intact a lower court ruling that allows Vermont Attorney General Charity Clark's 2023 consumer protection lawsuit to move forward. Meta had…
Ryman Healthcare reported fiscal 2026 results showing a 10% rise in operating revenue to NZ$849 million, a 94% increase in EBITDAF to NZ$88 million, and free cash flow of NZ$188 million. The company said its two-year operational reset has driven improved profitability and cash generation. Macquarie reaffirmed an Outperform rating and highlighted a …
Australia’s departing corporate regulator chief says the country must simplify its regulatory framework to stimulate innovation and restore a thin pipeline of initial public offerings, arguing that rising legal complexity is increasing compliance burdens and discouraging listings and foreign capital.
Astera Labs shares declined 3.8% in morning trade after Northland Capital Markets downgraded the stock from Outperform to Market Perform, removed its $225 price target and warned that hyperscaler datacenter spending could fall in calendar year 2027 as cash constraints build. The downgrade came after a more than 56% one-month rally and followed disc…
Yields on U.S. government bonds dropped Tuesday after developments in negotiations over the Strait of Hormuz eased inflation worries. The movement in fixed-income markets came as negotiators from the U.S. and Iran met in Doha, and ahead of a two-year Treasury auction and additional short-term bill sales. Key U.S. economic releases are due later in …
IREN Ltd shares climbed in morning trade after a set of developments that strengthened the case for companies that can deliver high-density power to AI customers. Candid remarks from IREN’s co-founder on the time required to get major AI compute online, a sizable increase in holdings disclosed by Tudor Investment Corp., and several corporate agreem…
Advanced Micro Devices shares climbed sharply after the company announced volume production of its Zen 6 EPYC 'Venice' server processors on TSMC's 2nm node. The milestone, combined with bullish comments from industry leaders and supportive analyst forecasts, helped push the stock to a fresh 52-week high amid a constructive market session.
Western Digital shares jumped sharply in morning trading after an analyst upgrade and a string of supportive industry and company data. Evercore ISI raised its price target to $575 while maintaining an Outperform rating, the company reported better-than-expected fiscal Q3 2026 results, and a TrendForce report showed a large quarter-over-quarter inc…
Texas Instruments stock climbed sharply in morning trading after Bank of America raised its price target and highlighted the company as a top pick in AI-related power semiconductors, citing moves toward 800-volt data-center architectures. The rally was supported by multiple analyst upgrades, robust Q1 2026 results, and a favorable semiconductor mar…
