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.
20,609 total articles
Ford Motor's energy division has agreed to supply renewable developer EDF with up to 20 gigawatt-hours of battery energy storage over five years. Under the contract, EDF may purchase as much as 4 GWh of DC block battery energy storage systems from Ford Energy each year, with deliveries slated to begin in 2028. The move follows Ford's strategic shif…
Meta Platforms will begin layoffs of approximately 8,000 employees this week, equal to roughly 10% of its workforce, and has canceled plans to hire for 6,000 open positions. The reductions coincide with a sizable increase in AI-related capital spending, including a 2026 capex guide raised by up to $10 billion to as much as $145 billion. Executives …
Wolfe Research economist Stephanie Roth has grown more cautious on risk assets, citing a widening mismatch between rising bond yields and resilient equity prices. The firm has postponed its view on Federal Reserve rate cuts to the second half of 2027 and lays out three scenarios that could bring yields down - each with limited benefit for risk asse…
Jefferies began coverage of Mobileye Global Inc. at an underperform rating with a $8 price target, signaling roughly 24% downside from the prior close of $10.53. Using a sum-of-the-parts approach and a blended 2027 EV/sales multiple of 1.9 times across product lines, the firm derived an $8 per share valuation based on 816 million shares and an equi…
Goldman Sachs' tariff impact tracker shows a modest weekly pullback in U.S. imports from China but continued year-over-year expansion. Key logistics metrics diverged: vessel volumes fell week-over-week while year-over-year comparisons stayed positive; port forecasts point to a near-term drop followed by a rebound; rail and trucking trends show mixe…
Nvidia will report first-quarter results after the close on Wednesday. Morgan Stanley analyst Joseph Moore expects a continued beat-and-raise cadence, boosting near-term revenue and earnings forecasts and raising longer-term targets tied to the company’s AI architectures and datacenter demand. Key areas to watch include guidance, margins amid a Rub…
A high Relative Strength Index reading on the SPDR S&P 500 ETF Trust (SPY) has triggered a technical warning that, historically, has often been followed by sizable declines. BTIG technical strategist Jonathan Krinsky highlights a pattern since 2023 in which majority of comparable RSI events led to at least 7% peak-to-trough drops. The signal appear…
BofA Securities initiated coverage of ServiceNow with a Buy rating and a $130 price target, arguing the company is well positioned to profit from AI-driven changes in enterprise software rather than be displaced. The firm pointed to ServiceNow's role in governing and auditing workflows, recent security and identity-focused acquisitions, and product…
Barclays' analysis of China's April indicators shows a pronounced deceleration across key demand and production measures. Retail sales grew only 0.2% year-over-year, industrial production eased to 4.1% and fixed-asset investment fell 1.6%, all missing consensus forecasts. Property investment and household borrowing displayed notable declines, while…
Bank of America analysts have raised their 2027 capital expenditure forecast for Taiwan Semiconductor Manufacturing Company (TSMC) to $75 billion, up from a prior estimate of $63 billion and above the street consensus of $65 billion. The revision follows board approval of NT$31 billion in capital appropriations, with a larger share directed to adva…
Bank of America reinstated coverage of Salesforce with an Underperform rating and a $160 price target, arguing that the company faces a structural reset driven by artificial intelligence rather than a short-term cyclical setback. The bank highlights three core structural concerns: constrained net new customer additions, softer upsell dynamics, and …
RBC Capital has established a 12-month fair value for the S&P 500 at 7,900, implying about 7.7% upside from early May levels. The firm cautions that market advances will not be linear and that interim pullbacks of roughly 5%-10% are plausible. A sharper decline of 14%-20% is considered unlikely unless recession risks re-emerge. The forecast is buil…
May 18 - NextEra Energy has reached an agreement to acquire Dominion Energy for $66.8 billion. The deal would form the largest electric utility in the United States and gives NextEra direct access to Dominion’s footprint in the PJM Interconnection region, including Northern Virginia’s dense data-center market. Dominion’s portfolio includes nearly 5…
A wave of overseas acquisition proposals has propelled UK merger and acquisition activity to $192 billion so far in 2026, more than triple the amount recorded at this point in 2025. Foreign takeovers - particularly from U.S. bidders - are the dominant force behind the surge, with several high-value offers for household and listed financial names co…
Shares of Birkenstock have tumbled after the company reported softer quarterly growth and failed to raise its full-year sales outlook, with management citing U.S. tariffs and the conflict in the Middle East. Once positioned as a modern luxury name after its 2023 IPO, the brand now faces a market reassessment that narrows expectations to a steady, l…
A limited-edition pocket-watch collaboration between Swatch and Audemars Piguet ignited intense demand at retail locations worldwide, prompting temporary store closures and crowd controls. Priced at $400 to $420, the Royal Pop models have rapidly appeared on resale platforms at dramatically higher prices, while Swatch reports huge online interest a…
Bernstein has launched coverage of Basic-Fit NV at an "outperform" rating, setting a price target of €43, which implies roughly 45% upside from the May 14 closing price of €29.62. Using a discounted cash flow model with a 10.2% WACC and a 2% terminal growth rate, the broker outlines a multi-year growth and margin recovery story driven by club matur…
Hims & Hers Health said it will offer $300 million of convertible senior notes due 2032 to qualified institutional buyers, a move that coincided with a roughly 7% decline in its stock price on Monday. The company plans to deploy proceeds to preserve flexibility for its international expansion - including a proposed acquisition - and to fund technol…
Design Therapeutics (NASDAQ:DSGN) climbed 27% after reporting four-week data from its RESTORE-FA study of DT-216P2 in Friedreich ataxia. The investigational therapy produced dose-dependent improvements on multiple clinical measures, increases in endogenous frataxin mRNA and protein, and was generally well tolerated across dose cohorts through four …
A recent uptick in long-term U.S. Treasury yields unsettled markets, but a UBS strategist argues the broader equity advance is unlikely to be derailed while growth drivers remain intact. The rise in yields was linked to higher oil prices and spillovers from U.K. rate volatility. Government stimulus, robust consumer spending and rising corporate inv…
Compass Minerals has agreed to a memorandum of understanding with EnergyX, a General Motors-backed technology startup, that would, if finalized, bring EnergyX investment of more than $400 million to deploy direct lithium extraction (DLE) technology at the Great Salt Lake in Utah. The lake is estimated to hold in excess of 2.4 million metric tons of…
Compass Pathways shares jumped sharply in pre-market trading after the company reported better-than-expected first-quarter results and secured an accelerated regulatory path for its COMP360 psilocybin therapy. A rolling New Drug Application review, a Commissioner’s National Priority Voucher, and a string of analyst upgrades helped push the stock we…
Commerzbank AG’s management and supervisory boards have jointly recommended shareholders reject UniCredit S.p.A.’s voluntary public takeover offer, arguing the proposal does not present an adequate premium, undervalues the bank, and poses risks to its existing business. The banks contend Commerzbank will deliver greater shareholder value by pursuin…
On May 18, Anglo American announced the sale of its Queensland steelmaking coal mines in the Bowen Basin to UK-based Dhilmar for up to $3.88 billion. The transaction includes $2.3 billion in upfront cash and up to $1.58 billion of contingent payments tied to coal prices, with proceeds designated to reduce debt as Anglo pursues a merger with Canada'…
Evercore ISI strategist Julian Emanuel places a base-case target of 7,750 for the S&P 500 by year-end 2026, while assigning a 30% probability to a bull case that would propel the index to 9,000. Emanuel argues that a confluence of a structural, technology-led market and sweeping geopolitical change is widening potential outcomes, and he highlights …
