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.
29,548 total articles
DoorDash co-founder and CTO Andy Fang introduced dd-cli, a command-line interface that enables AI agents to autonomously search restaurants, compare offers and complete real payments on DoorDash. The beta is invite-only for macOS developers in the US and Canada, and a public demo showed Anthropic's Claude placing a full end-to-end order without hum…
Western Digital shares slid sharply in morning trading after investor subscriptions opened for CXMT’s Shanghai Stock Exchange IPO, which targets up to about $9.8 billion. The move amplified an ongoing selloff across memory and storage names that began after a weak operating profit estimate for SK Hynix, creating a confluence of competitive and sent…
SanDisk Corporation shares fell sharply in morning trade, pressured by an Argus Research coverage start with a Hold rating and a report that hyperscale customer CoreWeave is seeking derivatives protection against falling memory and storage chip prices. The combination of valuation risk, contractual exposure from long-term supply deals, elevated sho…
A U.S. federal judge in Seattle has thrown out a lawsuit alleging Starbucks misled investors by concealing weakening sales in the United States and China. The court concluded the company provided a credible, innocent interpretation of comments made by the then-CEO during a January 2024 analyst call. The suit, led by three New York pension plans, fo…
A federal court has dismissed a shareholder lawsuit alleging Starbucks hid worsening sales in the United States and China. The judge accepted the former CEO's explanation of his January 2024 analyst remarks as credible, and allowed the case to be closed after previously permitting it to proceed last November.
The U.S. Securities and Exchange Commission has proposed a rule to permit companies to provide investor disclosures electronically by default, rather than relying on paper delivery unless recipients opt into e-delivery. The move is presented as aligning disclosure practices with current Wall Street technology and is open to a two-month public comme…
Voya Financial shares climbed after a media report said the retirement-services company has drawn takeover interest in recent weeks. The outreach was described as informal, with no active negotiations underway and company insiders saying neither management nor the board is pursuing a sale. The report named Principal Financial as one of the interest…
Morgan Stanley identifies China’s approval for Apple to deploy Apple Intelligence as a pivotal development for the company, citing local technical partnerships with Alibaba and Baidu, strong Chinese consumer interest in smartphone AI, and the timing ahead of a planned foldable iPhone launch this fall as potential drivers of upside to sales and esti…
RaySearch Laboratories' shares plunged after the company released preliminary second-quarter 2026 results showing a year-on-year decline in net sales driven by organic growth of -8% and a sharp retreat in operating profit. Management attributed the revenue shortfall to a cluster of U.S. transactions that were postponed rather than canceled, while o…
Baird has singled out Corpay, Block and Mastercard as its preferred names in the fintech, payments and services space heading into second-quarter 2026 earnings. The firm expects each to post results that could trigger upward estimate revisions, citing company-specific drivers, resilient segment trends and valuations that still look attractive for f…
Stifel identifies two companies in the Applied Technologies - Equipment/Test sector with strong positioning to capture growth as data-center interconnect and wide area networks scale. Ciena (CIEN) is ranked first for its differentiated RLS Hyper-Rail line system, broad portfolio and record backlog, while Viavi Solutions (VIAV) is ranked second base…
Merck announced Thursday that the U.S. Food and Drug Administration has approved Lipfendra (enlicitide), the first oral PCSK9 inhibitor authorized to treat hypercholesterolemia. Priced at $10.50 per day on a 30-day supply, the drug provides an alternative to established injectable PCSK9 inhibitors and adds a potential revenue source as Merck's Keyt…
GE Aerospace CEO Larry Culp pushed back on concerns that delays in GEnx engine deliveries could impede Boeing’s plan to increase 787 production. Culp said widebody engine deliveries rose 30% year-over-year in the second quarter, with GEnx shipments growing by "significantly more," and that GE has several months of GEnx engines at Boeing’s Charlesto…
Benchmark has begun coverage of electronic design automation (EDA) leaders Synopsys and Cadence Design Systems with Buy ratings, assigning $570 and $450 price targets respectively. The firm cites accelerating demand tied to artificial intelligence, the growing complexity of semiconductor designs, and structural advantages in a duopoly market as dri…
ManpowerGroup shares climbed sharply in pre-market trading after the company reported second-quarter results that exceeded analyst expectations for both earnings and revenue. UBS increased its price target while keeping a Neutral rating, and elevated short interest contributed to a pronounced pre-open rally. Management issued third-quarter EPS guid…
DigitalOcean shares declined in pre-market trading after the company revealed a $500 million privately negotiated repurchase of its convertible senior notes due 2030, funded via a concurrent registered direct offering of common stock. Investors focused on dilution and the repurchase price mechanism tied to the stock's volume-weighted average price,…
Lululemon shares fell in pre-market trading after Truist Securities shifted its rating to Sell from Hold and cut its price target to $94 from $115, citing significant brand pressure and limited visibility into a turnaround. The action follows a first-quarter report that, despite small beats on revenue and EPS, showed deteriorating regional comps, c…
July 16 - Micron Technology signed a series of long-term agreements with automotive suppliers, including Qualcomm and Harman, to secure memory and storage components for AI-enabled vehicles. The deals, which also involve Visteon, JOYNEXT, DENSO, Astemo and Hyundai Mobis, are intended to provide predictable supply and pricing amid surging demand for…
Kongsberg Automotive's stock jumped after the company reported a swing to profit in Q2 2026, driven by a €12 million EBIT and positive free cash flow. Revenue edged up slightly year-on-year while sequential growth extended to a third quarter. Management pointed to restructuring and production consolidation moves as central to the improvement.
Uber on July 16, 2026 launched a public takeover bid for Delivery Hero valuing the German food-delivery company at about $14.8 billion. The offer converts Uber's existing minority position into full ownership and aims to accelerate scale across Europe, the Middle East, Asia and Latin America while adding quick-commerce capabilities to Uber Eats.
JCDecaux shares jumped after two influential broker notes raised expectations for the advertising group's near-term performance. J.P. Morgan added the stock to a Positive Catalyst Watch list and nudged its target higher, while Oddo BHF increased its organic growth forecast and price target. Investors moved ahead of the company's half-year results s…
Bernstein increased its ASML price target to €2,500 from €2,300 after the company's Q2 2026 results delivered what the firm called "triple happiness" - stronger revenue, capacity and margins. Analyst David Dai kept an Outperform rating and pointed to steep capacity ramps for Low NA EUV and ArFi, EUV pricing upside and higher-than-consensus margin g…
Bernstein has singled out Leonardo, Thales and Rheinmetall as its favored European defense equities, arguing that individual company catalysts and earnings upgrade potential offer a clearer path to returns than blanket sector exposure. The broker points to expected beats, improving free cash flow, stronger aerospace momentum and near-term contracts…
Saudi Arabian stocks finished higher on Thursday, with the Tadawul All Share index advancing 0.15%. Gains were concentrated in the Insurance, Financial Services and Transport sectors, while decliners outnumbered advancers on the exchange. Oil and Brent futures moved higher and gold futures dropped, as the US Dollar Index inched up.
The European Commission has directed Alphabet's Google to provide rival AI developers access to specific Android system features and to supply anonymized search data to AI firms such as OpenAI, under measures tied to the Digital Markets Act. The requirements include access controls, cybersecurity and privacy checks, and fixed implementation dates i…
