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.
29,574 total articles
The New York Yankees are engaged in advanced negotiations to obtain close to $3 billion in financing from Apollo Global Management. The proposed transaction, led by Apollo’s sports investment arm, would be structured mainly as debt with a limited equity stake. Yankee Global Enterprises, controlled by Hal Steinbrenner and family, would use part of t…
Anthropic PBC has started arranging private investor meetings with major banks as it moves toward a potential initial public offering as early as October. The company has previously filed a confidential draft registration with the SEC; underwriters Morgan Stanley, Goldman Sachs and JPMorgan are conducting preliminary sessions to measure institution…
Nebius Group NV shares rose about 3.4% in morning trading after the company announced an asset-light business model enabling third-party infrastructure partners to finance, own, and operate AI data centers while Nebius provides systems architecture, supply-chain access, and software. The move follows a separate agreement to sell more than $1 billio…
HSBC's Chief Multi-Asset Strategist Max Kettner says the recent rise in oil prices tied to renewed Middle East tensions does not change the bank's constructive view on risk assets. The bank highlights Q2 earnings and a surprise U.S. inflation print as more influential near-term drivers, while maintaining an overweight on the eurozone and a heavy un…
Barclays has identified a group of utilities it believes are well positioned to benefit from rapid growth in AI infrastructure demand, as spending by Western hyperscalers and AI labs could top $1 trillion per year prior to peaking in 2028. The bank screened more than 400 companies essential to expanding digital and power infrastructure and emphasiz…
Warren Buffett told CNBC that a rise in speculative trading - including one-day options and leveraged products - has made it difficult to locate traditional value investments. The 95-year-old investor said markets now reward gamblers, and noted opportunities can be fleeting or extremely scarce. Market highs this year have coexisted with an energy s…
Nexstar Media Group's stock climbed 5% after reports indicated the Federal Communications Commission plans to eliminate a nationwide cap on broadcast audience reach. The potential repeal bears directly on Nexstar's planned acquisition of Tegna, which would exceed the historical 39% reach limit and has already drawn legal challenges that halted inte…
A network of package-forwarding intermediaries and established logistics firms is enabling African consumers to order from international e-commerce platforms that lack a broad physical footprint on the continent. By providing foreign warehouse addresses, consolidating shipments, accepting mobile money payments and arranging last-mile GPS-guided del…
Nvidia CEO Jensen Huang categorically denied recent reports that the company's Vera Rubin AI accelerator system is facing production delays, saying units are already being made in large volumes. His comments in Tokyo also addressed H200 chip shipments to China, which he said have only just begun despite regulatory clearance.
Check Point Software stock fell in pre-market trading after a Raymond James downgrade and additional negative research from Cleveland Research highlighted deteriorating channel conditions, rising customer churn, and constrained upsell prospects. The moves compound existing investor concerns following disappointing Q1 results and multiple downward e…
SK Hynix's $26.5 billion Nasdaq listing on July 10, 2026 propelled the Korean firm into global investor view at a pivotal moment for memory markets. With UBS forecasting almost $1 trillion in memory revenues in 2026 and DRAM structurally undersupplied through at least 2028, both SK Hynix and Micron sit at the center of an HBM-led AI memory supercyc…
Bernstein's mid-year CIO survey projects strong IT budget expansion in 2026, comparable to 2025 and reminiscent of the 2021 post-COVID rebound. The note from analyst Peter Weed highlights a sharp regional split - higher U.S. budget expectations and weaker European outlook - while spending concentrates on hyperscalers, cybersecurity, GenAI applicati…
Loop Capital Markets opened coverage of Dutch payments processor Adyen with a Hold rating and a €900 price target, arguing the company’s medium-term net revenue growth goal will likely need to be lowered amid a slowdown in wallet share expansion. The broker models slower net revenue growth and slightly lower margin assumptions than consensus, and h…
Sprout Social has begun notifying staff of a workforce reduction that will cut about 260 roles, representing roughly 20% of its workforce. The company's board approved the restructuring plan on July 8, 2026. Management says the move is intended to simplify organizational structure and realign expenses with strategic priorities, including continued …
Electrovaya Inc. stock climbed 50% Wednesday after the company announced a commercial agreement and warrant arrangement with Amazon. The pact aims to support deployment of Electrovaya's Infinity Battery Technology in material handling operations and contemplates expanded collaboration in robotics and energy storage. Amazon will receive warrants to …
Electrovaya Inc. shares rose sharply after the company announced a commercial agreement and a warrant arrangement with Amazon. The pact is intended to accelerate deployment of Electrovaya’s Infinity Battery Technology in material handling and may extend to robotics and energy storage. Amazon was granted warrants for up to 13,880,345 common shares t…
Morgan Stanley reported a landmark quarter with record revenue of $21.35 billion, $3.46 in earnings per share, a 69% jump in equity trading revenue to $6.3 billion, and strong wealth-management inflows. Despite those results, the stock fell 1.3% in pre-open trading as stretched valuation and an already-elevated market left investors taking profits.
Celcuity received its first U.S. approval for gedatolisib (Revtorpyk) in a subset of advanced breast cancer patients, but shares fell in premarket trading after the company said commercial sales will not begin until late in the third quarter to secure supply. Efficacy data showed a large reduction in progression risk, yet side-effect rates and trea…
Merck shares moved higher in pre-market trading after its KEYNOTE-C93 Phase 3 trial met the primary endpoint for progression-free survival in mismatch repair deficient advanced or recurrent endometrial cancer, and a partner-led Phase 3 study combining sacituzumab tirumotecan with pembrolizumab also met its primary endpoint in PD-L1 negative non-sma…
Insider filings disclosed on Tuesday show concentrated purchasing at Netskope Inc led by a director and a 10% owner, while a string of senior executives and directors at major technology and semiconductor firms disclosed sizable sales. The filings include open-market buys, purchases by entities tied to large shareholders, and sales executed under R…
Veradermics, Incorporated (NYSE:MANE) saw its stock climb 9% on Wednesday after releasing positive Phase 2 data for VDPHL01, an extended-release oral minoxidil formulation being evaluated for female pattern hair loss. Study 207 reported high rates of participant improvement at Month 6 and meaningful increases in non-vellus target area hair count fo…
LightPath Technologies said it received an $11 million follow-on purchase order for infrared cameras from a major global technology customer for counter-unmanned aircraft systems applications. The news, disclosed in a Tuesday press release, prompted a roughly 9% rise in the company's shares and signals ongoing demand in public safety and defense ma…
Merck & Co. shares gained following Kelun-Biotech's announcement that a late-stage study of the experimental antibody-drug conjugate sac-TMT, when given with Merck's immunotherapy Keytruda, met its primary endpoint in first-line advanced lung cancer patients without PD-L1 expression. The combination improved progression-free outcomes versus Keytrud…
Nebius Group (NASDAQ:NBIS) introduced an asset-light partnership model to accelerate global deployment of its full-stack AI cloud platform, prompting a 2.75% rise in its shares Wednesday morning. The plan has infrastructure partners finance, own and operate data centers while Nebius supplies systems architecture, software and customers. The company…
TD Cowen downgraded Evotec SE to hold and cut its price targets after the company reported preliminary second-quarter revenue below expectations and reduced full-year 2026 guidance. The revenue shortfall was driven by declines in Discovery & Preclinical and Just–Evotec Biologics businesses, while management signaled that revenue pushed from H2 2026…
