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.
20,579 total articles
Robinhood has introduced support for autonomous AI agents that can execute equity trades through a user-designated account and make purchases using a virtual Robinhood Gold credit card. The feature is initially limited to equities trading, with the firm signaling plans to extend agent capabilities to derivatives, crypto and prediction markets. Cont…
Futures tied to Canada’s primary equity gauge were essentially flat early Wednesday as investors balanced optimism from a surge in AI-related chip stocks with lingering uncertainty over talks aimed at ending hostilities involving Iran. At the same time, several of the country’s largest banks posted quarterly results that exceeded analysts' estimate…
Rocket Lab USA's shares jumped in premarket trading after the company announced it passed the Space Development Agency's System Requirements Review for the Tracking Layer Tranche 3 constellation. The SRR validates Rocket Lab's technical approach and advances an about $816 million contract to deliver satellites equipped for missile warning, tracking…
Newcleo has agreed to list on the Nasdaq through a merger with NewHold Investment Corp III, a vehicle founded by Italian physicist Stefano Buono. The deal values Newcleo at $2.4 billion, is projected to generate up to $429 million in gross proceeds, and is slated to close in the second half of 2026. The company is developing advanced modular lead-c…
Barclays analysts find that while some equity segments appear extended, aggregate positioning has not returned to pre-war extremes. Hedge funds and CTAs have lifted equity exposure, but that exposure is concentrated. Barclays highlights that a ceasefire or peace deal in Iran - by trimming oil prices - could prompt a broader rally across Europe, eme…
Barclays has promoted Finnish insurer Sampo to an overweight rating and set a new price target following a Danish Supreme Court decision on workers' compensation that Barclays judges will have a limited financial footprint for Sampo. The ruling - which reduced the income-loss threshold for workplace injury claims from 15% to 5% - has pressured Nord…
IREN Limited said it has signed a $1.6 billion purchase agreement with Dell for air-cooled Blackwell systems to support a previously announced five-year, $3.4 billion managed services AI cloud contract. The systems, encompassing GPUs, servers, storage, networking and services, will be installed at IREN’s Childress, Texas campus data centers, with c…
Genius Group said its board approved an initial $100 million allocation to an AGI Infinity Portfolio, sparking a 20% rise in its stock. The company detailed phased deployment, target asset growth through fiscal 2031, funding sources and tax advantages tied to its Singapore registration. An investor presentation is scheduled for June 2 to review the…
ProLogium Technology, a Taiwanese maker of lithium ceramic batteries, will become a publicly listed company in New York after agreeing to merge with SPAC Translational Development Acquisition Corp in a transaction valuing the combined entity at $3.8 billion. The funding is earmarked to scale production of fourth-generation solid-state batteries and…
Dick’s Sporting Goods trimmed its 2026 diluted earnings-per-share outlook after integration-related margin pressure tied to its acquisition of Foot Locker weighed on results, even as robust demand for footwear and apparel propelled a large quarterly sales gain. Management reported encouraging early signs at Foot Locker, outlined an aggressive store…
Tencent Financial Technology announced that U.S. PayPal users can now pay merchants across China using WeChat Pay's QR-code network after linking TenPay Global to PayPal World. The company said the service will expand to PayPal customers in other countries in phased rollouts, and it is offering incentives including fee waivers through 2026 while in…
Tencent Financial Technology announced a new cross-border payment connection allowing U.S. PayPal users to pay merchants in China using WeChat Pay's QR-code system. The integration links TenPay Global with PayPal World, will roll out to additional markets in phases, and includes temporary fee waivers through 2026 plus enhanced language and local su…
Citi Research downgraded Vinci SA and Ferrovial NV from Buy to Neutral, cutting target prices on both groups. The broker pointed to constrained upside driven by airport exposure and elevated asset multiples, and adjusted its discounted cash flow assumptions - including WACC and traffic - to arrive at the reduced valuations.
U.S. stock futures rose Wednesday morning, driven by momentum in memory-chip and semiconductor-related names even as geopolitical uncertainty over peace talks in Iran and weaker company guidance pressured several software and mobility stocks. Micron and other chip firms posted strong premarket gains, while Zscaler, Verra Mobility and PDD Holdings w…
Alpha Modus plans to unveil an Adaptive Retail Intelligence Architecture (ARIA) platform that uses Anthropic's Claude Sonnet 4.6 to operationalize the company's patented in-store retail AI technologies. Designed as a platform-as-a-service that requires no new hardware, ARIA is in testing with an eye toward commercialization and will process signals…
South Korea's government assessment finds that parts recovered from the bulk carrier Namu indicate an Iranian anti-ship missile was likely used in the May 4 attack in the Strait of Hormuz. Seoul has summoned Iran's ambassador and lodged a protest; Tehran has denied responsibility and an Iranian diplomatic representative reiterated that denial in Se…
Walmart said it intentionally absorbed roughly $175 million of unexpected fuel costs in its first quarter of fiscal 2027, producing a 250 basis point drag on operating income growth across its global distribution and fulfillment network. Barclays cautioned that if higher costs persist, Walmart may introduce modest additional retail price inflation …
Bath & Body Works reported first-quarter results that outpaced Wall Street expectations, driven by steady consumer demand for home fragrances and personal care items. The company posted $1.38 billion in first-quarter sales and adjusted earnings of $0.32 per share, and said it will continue to pursue broader distribution through Amazon while keeping…
UBS upgraded BioNTech from neutral to buy and boosted its 12-month price target to $135, citing rising conviction in the company’s oncology pipeline and a broader drug class that may form a next-generation treatment backbone for solid tumors. The note raises success probabilities and peak sales estimates for several programs, cites encouraging Phas…
NVIDIA CEO Jensen Huang unveiled the company's Constellation campus in Taipei and said NVIDIA intends to increase its annual spending in Taiwan to as much as $150 billion. The new facility, located in the Beitou-Shilin Technology Park, will span nearly 4 hectares and is planned to accommodate about 4,000 employees. Construction is slated to begin t…
Goldman Sachs warns that inflation across Asia-Pacific has firmed since the conflict-related closure of the Strait of Hormuz pushed energy prices higher. The bank's strategists have significantly revised up near-term oil forecasts, and headline and core consumer inflation now sit at or above central bank targets in most economies, with the sharpest…
German engineering group Schaeffler and U.S. satellite operator Spire Global have signed a memorandum of understanding to collaborate on developing space hardware and satellite platforms for European defence, weather and security uses. The partners say they intend to create a sovereign European space hardware and mission business before the end of …
Stocks exposed to AI infrastructure demand and enterprise analytics powered some of May’s strongest moves, as investors rewarded companies reporting better-than-expected results, stronger guidance, and clearer cash-flow visibility. Key performers included Republic Airways (RJET), Iridium Communications (IRDM), Fair Isaac (FICO), Teradata (TDC) and …
Red Cat Holdings jumped 9.0% in pre-market trading after a confirmed contract to supply Black Widow unmanned aircraft systems to Japan’s Ministry of Defense, combined with recent acquisitions and fresh analyst coverage. The company’s broadened capability stack, strengthened balance sheet and supportive market backdrop have focused investor attentio…
Abu Dhabi’s Mubadala Investment Co. completed a block sale of 22 million GlobalFoundries shares that raised $1.91 billion. The offering was priced between $86.30 and $86.80 per share, represented as up to a 4.1% discount to the prior close, and includes a 60-day restriction on further disposals. After the sale Mubadala’s stake stands at 400 million…
