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.
29,747 total articles
Berenberg initiated coverage of Danish property and casualty insurer Alm. Brand A/S with a "hold" rating and a DKK17 price target, highlighting the company’s successful integration of Codan Danmark but pointing to three principal risks - softer pricing in commercial lines, a Supreme Court ruling raising claims exposure, and a regulator review of pr…
Major software stocks fell sharply after IBM reported softer-than-expected preliminary results and said clients had shifted spending toward hardware to secure memory and other infrastructure amid a supply-constrained market. The combination of rising memory prices driven by AI data center demand and near-term cybersecurity priorities has investors …
Freeport-McMoRan Copper & Gold Inc. rose 1.1% in pre-market trade to $60.60 after copper futures strengthened and the company announced a cash dividend with an imminent ex-dividend date. Institutional accumulation and an upcoming Q2 2026 earnings report added to investor motivation to buy before the regular session.
B. Riley argues that second-quarter earnings from ASML and TSMC will carry outsized informational value for the semiconductor and semiconductor capital equipment sectors, saying a roughly $880 billion surge in AI infrastructure spending has arrived about a year earlier than it previously expected. The firm points to upgraded CY26 hyper-scale guidan…
Goldman Sachs projects June core consumer price index (CPI) to rise 0.17% month-over-month, a touch below market consensus, while headline CPI is expected to fall 0.11% month-over-month. The firm says the release will be an important input for Federal Reserve policy choices, with nuances across rent, travel, energy and autos shaping its softer core…
Preliminary data compiled by Macquarie shows U.S. revenue per available room (RevPAR) rose 8.7% in June 2026, driven by a mix of leisure travel and World Cup-related demand. The increase reflected gains in both average daily rate and occupancy, with luxury and upper-upscale hotels outperforming lower chainscales. Macquarie favors Hyatt Hotels based…
Thomson Reuters will sell 51% of its Global Print unit to private equity firm KKR for approximately $500 million and form a venture that will hold exclusive licensing rights for distributing its legal and tax content in print and digital book formats. Thomson Reuters will retain intellectual property rights, editorial control and a 49% stake in the…
CleanSpark shares jumped in pre-market trading after the company disclosed a 20-year infrastructure lease at its Sandersville, Georgia data center campus with a high-investment-grade global technology tenant. The agreement, which includes two five-year extension options, is projected to deliver about $6.6 billion in contracted revenue over the init…
IBM reported second-quarter revenue and non-GAAP EPS below analyst consensus, citing softness in its Z mainframe transaction processing and a shift in client capital spending toward servers, storage and memory. Shares fell 14% on the news as the company detailed margin contractions, cash flow generation and pockets of growth in Red Hat and Distribu…
Needham continues to expect the acquisition of Warner Bros. Discovery by Paramount Skydance to close, even after a lawsuit brought by 12 state attorneys general alleging the transaction would harm competition. Paramount Skydance has pledged to increase film output and preserve staff and content budgets, and it still lists September 30 as the target…
International Business Machines shares fell in pre-market trading after HSBC lowered its rating from Hold to Reduce and set a $191 price target, well below the stock's prior close of $290.23. The downgrade, one of the more bearish among roughly 24 analysts covering the company, added a second sell-equivalent view to the analyst mix and intensified …
Wells Fargo shares climbed 1.5% in pre-market trading after the bank reported second-quarter 2026 results that exceeded analyst estimates. The bank posted earnings per share of $2.00 versus a consensus of $1.72, and revenue of $22.62 billion versus $21.87 billion expected. Net income rose to $6.41 billion from $5.49 billion a year earlier, a 17% in…
JPMorgan Chase reported Q2 EPS of $7.70 and revenue of $57.35 billion, topping analyst expectations, but the results included roughly $1.56 of per-share significant items and management left full-year guidance unchanged. With the stock trading near its 52-week high and a volatile macro backdrop including the June CPI release, JPMorgan shares fell i…
Canadian equity futures opened lower as a flare-up of military activity in the Middle East and hawkish commentary from U.S. central bank officials pushed investors toward defense and away from riskier assets ahead of the U.S. Consumer Price Index release. Brent crude traded near one-month highs, while gold futures moved sharply lower, creating mixe…
India's merchandise trade deficit expanded to $30.4 billion in June from $28.2 billion in May, driven primarily by a larger non-oil trade gap. Exports slowed while imports accelerated, with notable moves in oil, gold and electronics-related shipments. The services surplus edged down as services imports rose faster than exports.
Intuit Inc. shares fell in pre-market trading after Piper Sandler initiated coverage with an Underweight rating and a $250 price target, the most negative call among analysts. The new initiation follows earlier downgrades from Stifel and Goldman Sachs and comes amid securities-fraud investigations tied to weak fiscal Q3 2026 tax-season results. Bro…
TKO Group shares climbed in pre-market trading after Seaport Global Securities upgraded the stock from Neutral to Buy and set a $210 price target. The firm cited an improved risk/reward after regional geopolitical headwinds were better understood and raised near-term estimates. Broader markets remained under pressure as investors awaited June CPI a…
International Paper shares fell in pre-market trading after BofA Securities downgraded the stock from Buy to Neutral and lowered its price target to $41 from $44, arguing that the lift from higher containerboard prices has largely materialized. The move compounds company-specific challenges including a reduced full-year EBITDA outlook after Q1 2026…
Wells Fargo remains constructive on construction rental and truck machinery ahead of second-quarter earnings, arguing that the U.S. non-residential construction and trucking recovery has moved from being supply-driven to demand-driven. The firm rates United Rentals, Cummins, and Caterpillar as overweight and points to strengthening lead indicators …
Net yields across major cruise lines have weakened over the past year, driven by a mix of carrier capacity decisions in the Caribbean and broader macro factors. Analysts have cut near-term yield expectations after Carnival announced a second-half 2026 price reduction tied to the Iran conflict's impact on European and Mediterranean itineraries. Othe…
Citi analysts said U.S. equity positioning eased last week even as major indexes advanced, signaling limited conviction beneath the rally. Global flows were uneven across regions, with small-cap positioning extended after short-covering and technology-sensitive exposures increasingly dependent on short-covering. In Europe and Asia, positioning tren…
Aeroméxico reported weaker-than-expected second-quarter EBITDAR due in part to a $30 million fuel headwind, while Grupo Aeroportuario del Pacífico (GAPB) delivered stronger EBITDA and wider margins despite a drop in passenger traffic. Both companies left guidance and capital plans reflecting the near-term pressure from jet-fuel prices and shifting …
After meeting more than 30 institutional investors across Asia, HSBC analysts argued that worries about a peak in the semiconductor memory cycle are early. The bank pointed to fresh upside catalysts including HBM price support from an HBM4 transition, growth in SO-CAMM2 mobile DRAM modules, rising NAND demand tied to context memory for AI agents, a…
Indian stock benchmarks closed lower on Tuesday as losses in Real Estate, Auto and Banking stocks offset gains elsewhere. The Nifty 50 fell 0.66% and the BSE Sensex 30 dropped 0.72%. Market breadth was negative on both exchanges, while volatility, commodity prices and selected currency pairs moved higher.
Ethiopian Airlines is in the closing stages of an acquisition process for up to 50 single-aisle aircraft and up to 16 freighters, conducting final technical and financial evaluations. The carrier is weighing options across Boeing 737 Max small variants, Embraer regional jets and the Airbus A220, and expects a decision in the weeks ahead that could …
