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.
8,961 total articles
Barclays identifies Epiroc and Sandvik as its preferred mining-equipment names, arguing that a distinct gold-driven spending cycle will concentrate revenue and order growth among firms with significant gold exposure. The bank forecasts an 8% rise in global mining capex this year, with gold capex rising sharply through 2026 while other commodities s…
European natural gas benchmark futures fell after reports that President Donald Trump has told aides he may conclude U.S. military actions against Iran without fully reopening the Strait of Hormuz. The move, reported by the Wall Street Journal, weighed on a market that had surged amid disruptions to oil and gas flows through Hormuz and a wider ener…
Private credit providers, particularly business development companies (BDCs), are expanding the use of payment-in-kind (PIK) provisions and covenant amendments to avert loan defaults among stressed borrowers, especially software firms. The shift aims to reduce non-accruals and prevent portfolio markdowns amid heavy investor redemptions and deterior…
As geopolitical turbulence tied to the Iran conflict has unfolded over the past month, large-cap technology stocks have not acted as a safe haven for investors. The sector - a dominant driver of the U.S. market during a more-than three-year bull run - has deepened earlier losses and is weighing on the broader S&P 500 and Nasdaq due to its outsized …
InterGlobe Aviation Limited (IndiGo) said its board has approved William Walsh as the airline's next chief executive officer, subject to security clearance from the Ministry of Civil Aviation. Walsh, who currently serves as Director General of IATA, will complete his role there on July 31, 2026 and is expected to join IndiGo no later than August 3,…
A document reviewed by Reuters indicates that on the night an Air Canada aircraft hit a fire truck at LaGuardia Airport, controller duties may have been combined earlier than allowed by the tower’s standard operating procedures. The March 22 crash, at about 11:37 p.m. ET, killed both pilots and has prompted renewed scrutiny of staffing practices, w…
JPMorgan Chase unveiled the American Dream Initiative, a multi-year program that seeks to grow its small-business client base from 7 million to 10 million, provide $80 billion in small-business lending over the next 10 years, expand advisory services and hire hundreds of branch-based staff, with a pronounced focus on select U.S. states and metro ar…
U.S. stock index futures rose after a report suggesting a possible de-escalation in the Iran conflict, even as the S&P 500 and Dow prepare for steep monthly declines. Oil remained volatile but was on track for a historic monthly gain, while the energy sector led S&P 500 gains. Investors await JOLTS data and comments from Fed officials for further d…
Barclays has lowered its recommendation on J D Wetherspoon Plc to underweight from overweight and cut its price target to 540p from 825p, citing heavy tax payments, a softer consumer outlook, rising costs tied to inflation and geopolitical tensions, and balance sheet leverage. The new target implies roughly 5% downside from the 577p close on March …
Phreesia Inc. saw four leading brokerages lower their recommendations after the healthcare software provider sharply reduced its fiscal 2027 revenue forecast. Management pointed to weaker commitments from some pharmaceutical manufacturers in areas such as vaccines, GLP-1s and public health as the driver of the revision. The company retained its adj…
Berenberg has downgraded Givaudan from Buy to Hold and lowered its price target to CHF2,915, flagging softer organic sales growth driven by a slowdown in Middle East fragrance demand. The bank trims near-term growth forecasts and marginally lowers 2026 EPS while raising its discount rate assumption; Givaudan shares have already fallen about 13% sin…
Getlink shares climbed more than 4% on Tuesday after Italy-based Mundys announced plans to increase its ownership of the cross-Channel infrastructure operator to as much as 25% of share capital, subject to regulatory approval from the UK government under the National Security and Investment Act 2021. Mundys will make an immediate 3.5% acquisition a…
UBS shares gained roughly 3% after senior Swiss parliamentarians privately told the bank they would seek a compromise to soften proposed capital requirements that could raise the group apital burden by $22 billion. The reform package, introduced by the finance ministry in the wake of Credit Suisse's 2023 collapse, contains two main elements: tighte…
BRCK Group Plc dismissed a non-binding, unsolicited 65 pence-per-share cash proposal from Atlas LLC as undervaluing the business. The board unanimously rejected the approach and said it will provide limited additional information to encourage a higher offer, while detailed due diligence would require terms the board could recommend to shareholders.…
Indonesia's benchmark index closed lower on Tuesday, dragged down by losses in the Infrastructure, Financials and Agriculture sectors. The IDX Composite fell 0.62% in Jakarta trade. A handful of smaller-cap names posted large gains, while a larger number of stocks ended the session in decline. Commodities and currency moves included a dip in crude …
UBS has raised its view on Swiss equities to Attractive after a sharp market correction tied to the U.S.-Iran conflict. The bank calls the decline a "constructive entry point" and recommends funding Swiss equity allocations by trimming exposure to more cyclical markets. UBS highlights the Swiss market's defensive sector bias, relatively compelling …
UBS upgraded its recommendation on Beiersdorf AG from sell to neutral while reducing its 12-month price target to €80 from €90, citing the stock's sharp underperformance versus peers. The bank lowered near-term earnings estimates, flagged weaker consumer and Tesa sales for Q1 2026, and outlined downside and upside valuation scenarios. Short interes…
Blackstone has sold the full Fidere residential portfolio in Spain to Brookfield Asset Management for a gross price of 1.2 billion euros, with Fidere valuing the transaction at a net 1.05 billion euros in a regulatory filing. The package covers about 5,000 homes across 47 buildings in Madrid and is described by Blackstone as the largest multifamily…
Unilever has entered advanced discussions to merge its packaged foods division with spice maker McCormick in a transaction that would provide $15.7 billion in cash to Unilever and leave its shareholders with majority control of the combined company. The proposal comes as CEO Fernando Fernandez pushes to reshape the group, shifting emphasis toward p…
Goldman Sachs' strategists say the Middle East conflict has shifted the macro outlook for Europe away from a Goldilocks scenario, as higher energy forecasts and downgraded growth raise the probability of stagflation. The bank's commodity team has increased price assumptions for Brent and TTF gas, while economists cut Euro area GDP forecasts and rai…
Semiconductor shares fell after Google unveiled TurboQuant, a compression approach that can cut AI inference memory needs by up to six times. Bank of America argues that capital spending for AI hardware remains the principal gauge of demand, and it keeps AI compute, semiconductor capital equipment and AI networking at the top of its U.S. subsector …
Pandora is opening a distribution centre in Mississauga, Ontario to process Canadian online orders locally and reduce the effect of U.S. tariffs on jewellery imported from Thailand. The facility, operated by GXO Logistics, is intended to shorten delivery times in one of the company's fastest-growing markets and limit shipments transiting U.S. custo…
Barclays has identified three preferred stocks in the European consumer goods and food sector as companies report first-quarter results. The bank warns of widespread earnings softness and flags geopolitical risk tied to the U.S.-Israel war on Iran as a potential inflation shock, while favouring businesses that can pass costs through to prices witho…
London stocks inched up Tuesday as reports indicated the US president was prepared to scale back military activity against Iran without forcing a full reopening of the Strait of Hormuz. The FTSE 100 rose modestly while the pound strengthened slightly. Final UK GDP for Q4 2025 showed 0.1% quarterly growth, with consumer spending tepid and business i…
European stocks registered modest gains early Tuesday, but the region’s benchmark is set for a sharp monthly drop that would end an eight-month rally. Markets were supported by reports of possible de-escalation in the Middle East, yet concerns over disrupted oil flows and supply-chain pressures have pushed the STOXX 600 toward its first quarterly f…
