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.
9,501 total articles
Thermon saw a sharp premarket gain after Ceco Environmental announced plans to merge with the company in a $2.2 billion transaction. Ceco also updated its full-year guidance higher, citing a record sales pipeline, its largest-ever backlog and strong bookings momentum, while noting the expected financial benefits of the merger are not included in th…
HSBC analysts contend that traditional enterprise software will remain the primary conduit for artificial intelligence in large companies. The bank cautions that foundation models have limitations that make them unlikely to displace established enterprise platforms, and says 2026 will mark the start of meaningful monetization inside software.
Nykode Therapeutics ASA (OSE:NYKD) released an interim update from its VB-C-03 clinical trial on Tuesday in a short statement that provided no detailed results. The company, which develops cancer immunotherapies and vaccines, did not outline a schedule for further data releases or describe next steps for the program. The announcement was accompanie…
UBS cut its rating on Galenica AG to sell from neutral and trimmed its 12-month price target to CHF86 from CHF85, arguing the stock already prices in high-single-digit revenue growth and above-consensus margin expansion. The bank warns that planned relaxation of Swiss rules on online OTC drug shipments by FY29 could undercut pricing and growth, whi…
Telefonica's chief executive acknowledged that conditions in Venezuela have changed, but stressed that the company's approach to disposing of certain Latin American assets remains unchanged. The firm continues to review its footprint in the region and has not set a timetable for potential sales as it pursues portfolio optimization across multiple m…
European fourth-quarter corporate earnings have edged past forecasts on aggregate, but the advance is fragile. With slightly more than half of STOXX 600 companies reporting, year-on-year EPS growth is tracking at 2%, outperforming earlier consensus at this point in the season which expected a 2% decline. The improvement is concentrated in financial…
A powerful winter storm that unsettled airports across the U.S. Northeast led to more than 2,000 flight cancellations on Tuesday, down significantly from the prior day. Flight tracking data show continued, though reduced, disruption as weather agencies forecast the system to move away by Tuesday with strong winds lingering into the morning hours.
Ferretti shares rose after the company released preliminary results showing year-on-year increases in net revenue and adjusted EBITDA, a healthier margin and a larger order backlog compared with September 2025. Management said it will concentrate on high-margin segments and distinctive boat design while seeking long-term value creation for stakehol…
Keysight Technologies shares rose sharply in premarket trading after the electronics equipment maker issued second-quarter guidance that exceeded analyst estimates compiled by LSEG. Management also updated its fiscal 2026 outlook, and several brokerages raised price targets following the results. The company's outlook excludes potential impacts fro…
Atlanta Federal Reserve President Raphael Bostic warned that the United States could be entering a period of structurally higher unemployment that the Federal Reserve may not be able to counter. He expressed confidence that institutional protections for Fed independence will endure, noted the need for any new chair to build internal relationships, …
Santander Executive Chair Ana Botin will set out plans to extract further cost savings through a unified IT platform and an operating model roll-out across its global businesses, following the bank's recent acquisitions including U.S. lender Webster and Britain’s TSB. The push supports a strategy to concentrate on three developed markets - Spain, B…
U.S. stock futures inched higher on Tuesday following a broad market decline the day before, as investors weighed the ramifications of President Donald Trump’s tariff announcement and growing concerns about artificial intelligence. Financial and software stocks were among the hardest hit in Monday’s selloff. Markets also awaited key corporate resul…
Deutsche Bank moved Rentokil Initial Plc (LON:RTO) from "buy" to "hold," trimming its price target to 465 pence from 505 pence. The bank highlighted underperformance in Rentokil's Pest Control division relative to leading international peers and said it awaits guidance from the incoming CEO on plans to close gaps in growth and margins. The downgrad…
Goldman Sachs strategists identify a market rotation favoring firms with substantial physical capital and low risk of technological obsolescence. Labelled HALO - heavy assets, low obsolescence - these companies, including utilities, grids and long-cycle industrial capacity, have outperformed capital-light peers by 35% since 2025. Goldman points to …
Jefferies analysts caution that emerging regulatory measures on artificial intelligence could create headwinds for the largest technology companies while redistributing potential gains across the wider market. Rising public unease, extensive state legislative activity and limited federal appetite for sweeping preemption are cited as forces likely t…
J.P. Morgan Cazenove has lowered its rating on Johnson Matthey from overweight to neutral and cut its March 2027 price target to 2,000p, after Honeywell agreed to reduce the purchase price for Johnson Matthey's Catalyst Technologies unit by £475 million. The bank revised transaction multiples and company forecasts, trimmed the planned cash return p…
As Nvidia prepares to report quarterly results, investors are searching for confirmation that the company’s profit growth remains strong amid expectations of significant capital spending from major cloud and tech companies. At the same time, hyperscalers developing their own AI chips and potential supply constraints at contract foundries are introd…
Glencore has entered an agreement to acquire almost 2,000 metric tons of cobalt from long-time market participant Rami Weisfisch for roughly $115 million at prevailing prices. The material, acquired by Weisfisch in 2015 and held in Europe and the United States, is expected to move to a planned U.S. strategic stockpile backed by Project Vault fundin…
Strategists at Societe Generale report that equities classified as extremely cheap by conventional measures have become rare in Europe and Japan after a strong run since the end of 2024. The research, led by a team including Andrew Lapthorne, shows a marked decline in the share of stocks with forward P/E ratios below 8x and a concurrent rise in ric…
Kuwait Petroleum Corporation has opened early-stage discussions with a group of international investment firms and sovereign investors about selling a roughly $7 billion interest in its crude oil pipeline assets. The proposed structure would include about $1.5 billion of equity and the balance financed through debt, and several of the approached pa…
Gold rose to its strongest level in over three weeks during Tuesday trading, even as the U.S. dollar strengthened by more than 0.2%. The move came amid escalating trade rhetoric from the U.S. and the prospect of fresh diplomatic talks between Iran and the United States, supporting demand for the metal as a safe-haven asset despite currency headwind…
Indian equity benchmarks closed lower on Tuesday, with the Nifty 50 down 1.12% and the BSE Sensex 30 sliding 1.28%. Losses were widespread across Technology, Real Estate and Fast Moving Consumer Goods sectors. NTPC was among the few gainers, touching 52-week highs, while HCL Technologies recorded 52-week lows.
Samsung Electronics reached a record KRW200,000 after a six-month advance that has pushed the share price close to a 200% gain, driven by a surge in demand for memory used in AI servers. Industry-wide momentum from cloud hyperscaler investment, planned HBM4 shipments in the second half of 2026 and improving DRAM yields are cited as key supportive f…
Yardeni Research warned that large language models lack true comprehension despite advanced outputs, arguing AI is 'artificial but not intelligent.' The firm highlighted labor-market risks, recent softness in tech payrolls since ChatGPT's debut in late 2022, market reactions to AI headlines, and potential implications for equities and gold. Yardeni…
Ashmore Group Plc shares climbed 4% after Jefferies upgraded the emerging-markets asset manager to buy and lifted its price target to 285 pence from 170 pence. The broker cited the firm’s strongest flow momentum in years, highlighted by $2.6 billion of net new money in Ashmore’s fiscal second quarter of 2026 and a marked skew toward new mandates.
