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.
29,905 total articles
The administration said it has deposited the first $1,000 into more than 500,000 newly opened 'Trump Accounts' for newborn Americans, a program intended to introduce long-term investing and asset building from infancy. The announcement was marked by a bell-ringing ceremony in the Oval Office attended by senior executives from the major U.S. stock e…
Israel's equity benchmark, the TA 35, closed higher on Monday with a 1.05% gain, supported by advances in the Real Estate, Financials and Insurance sectors. Market breadth favored advancers over decliners, while oil, gold and major FX pairs recorded modest moves during the session. Several large-cap listings produced mixed results, with renewable e…
Welltower is preparing a two-part Canadian bond offering sized at about C$750 million (roughly $527 million) that could launch as soon as Monday, according to people familiar with the matter. The Toledo, Ohio-based healthcare real estate investment trust is said to be marketing maturities in the five- to seven-year range, with initial pricing discu…
Greek equities finished the trading day higher on Monday, with the Athens General Composite rising 0.91% to reach a new five-year high. Gains were led by stocks in the banking, construction and travel sectors, while select consumer and retail names registered the session's largest declines. Broader market breadth tilted positive and commodity futur…
Hub International Holdings Inc., an insurance brokerage backed by private equity firm Hellman & Friedman, is pursuing an initial public offering targeting about $3 billion, according to people familiar with the matter. The company filed confidentially in late June and has engaged several major banks to manage the prospective offering. Details, incl…
Trading on Monday produced pronounced intra-day moves across market-cap segments, led in the mega-cap space by Intel (INTC) and Arm (ARM). Large-cap performers included Iris Energy (IREN) and Bloom Energy Corp (BE), while a mix of mid- and small-cap issuers posted the session's biggest percentage gains.
Dell Technologies shares rallied more than 8% on July 6 after President Donald Trump publicly encouraged Americans to "go out and buy a Dell computer" during a White House press briefing. The endorsement follows a similar presidential plug in February 2026 that also produced a sharp rise in the stock. Traders pushed a leveraged Dell ETF higher as w…
Piper Sandler reiterated its Overweight rating on Oracle, arguing its analysis of capital expenditure converted to data-center capacity implies roughly $2.2 billion of Oracle Cloud Infrastructure (OCI) revenue not currently reflected in consensus estimates for fiscal 2027. Using benchmarks from Crusoe and CoreWeave, the firm modeled per-megawatt co…
Options market pricing indicates Fastenal Co. (FAST) could move roughly 5% when it reports earnings on July 13 before the market opens. Historical post-earnings reactions have been mixed: in four of the last eight earnings releases the stock moved more than the options-implied magnitude, while in the other four it moved less.
Nike stock slid nearly 3.9% in morning trading as markets absorbed the company’s fiscal fourth-quarter report and cautious guidance. A one-time $986 million tariff recovery buoyed headline earnings, while underlying metrics and a double-digit sales decline in Greater China raised concern. Several brokerages trimmed price targets and the company for…
Orthofix Medical shares rallied after the Centers for Medicare & Medicaid Services withdrew earlier modifications to billing guidance and the fee schedule for non-invasive bone growth stimulators, reinstating prior reimbursement levels. The change was issued July 1, 2026 and formally communicated by Orthofix today, driving a notable intraday gain a…
Applied Digital shares rose sharply in morning trade after a run of development and financing milestones - including delivery of a new building, a long-term hyperscaler lease, and a $1.59 billion senior secured notes offering - pushed the company’s contracted revenue to roughly $36 billion. The move comes as analysts raise targets and a stronger NA…
Hut 8 Corp. shares rose roughly 11% in morning trading to $107.81, touching a session high of $109.79, as investors respond to the company’s shift toward large-scale AI data center operations. The move follows completion of $7.5 billion in investment-grade project financing for its River Bend and Beacon Point campuses in Texas, a cluster of analyst…
Cipher Mining shares jumped sharply in morning trading after a research note reframed the company as an operator of contracted hyperscaler infrastructure rather than a pure-play crypto miner. The note detailed $11.4 billion in contracted lease revenue and highlighted the calendar for the first phase of a 300 MW delivery to Amazon Web Services, with…
Amazon Web Services has told its server supply chain partners to raise third-quarter shipments by 20% to 30% above prior plans, driven by brisk demand for its Trainium 3 AI chip. Taiwan suppliers and component makers are ramping output, with motherboard parts shipping since May and rack and slide-rail components slated for mass production in July. …
Microsoft shares fell in morning trading after the company confirmed it will cut roughly 4,800 jobs - about 2.1% of its global workforce - as part of a reorganization tied to its Frontier Company AI initiative. The move, concentrated in Commercial and Xbox units, coincided with Wolfe Research lowering its price target and revising fiscal 2027 cash …
Advanced Micro Devices shares climbed sharply in morning trading after Goldman Sachs raised its price target to $640 from $450 while keeping a Buy rating. The upgrade coincided with fresh enterprise AI adoption news involving AMD accelerators, a reported delay to a competing Nvidia rack system and weaker-than-expected U.S. jobs data that reduced ne…
IREN stock jumped 12.5% in morning trade to $43.69 after reports placed the company on a shortlist for Anthropic’s $15 billion data center project. The rise was magnified by a technical short squeeze, high put/call activity and a market-wide risk-on tone that favored AI infrastructure names. Analysts remain bullish, with a consensus Buy rating and …
Microsoft said it will eliminate about 4,800 positions, roughly 2.1% of its workforce, as it balances large-scale AI investments, rising data-center costs and shifting business dynamics. The move follows earlier voluntary buyouts and comes amid significant capital plans and mixed performance across cloud and gaming units.
Shares of Orthofix Medical Inc. climbed sharply after the Centers for Medicare & Medicaid Services rescinded earlier changes to how non-invasive bone growth stimulators are billed and reimbursed. CMS directed that devices furnished on or after May 18, 2026 be processed and paid consistent with the treatment in effect before the Food and Drug Admini…
Wolfe Research lowered its price objective on Microsoft to $525 from $570 after raising the firm's fiscal 2027 capital expenditure forecast to $270 billion from $230 billion, citing rising memory prices and supplier commentary. The higher capex estimate drives a swing to negative free cash flow in FY27 and prompts downgrades to margin and EPS forec…
Microsoft announced the elimination of roughly 4,800 roles, representing about 2.1% of its global workforce, as the company redirects resources into prioritized growth areas. Leadership said the moves are part of a structural pivot rather than a response to AI-driven automation, and emphasized redeployment and voluntary exits alongside layoffs. Key…
Bernstein's assessment of Sky's purchase of ITV's media and entertainment division places the pre-synergy valuation at 5.7x-6.5x EBITA and highlights a £200 million contingent cash element tied to fiscal 2027 advertising revenue. Based on Bernstein's current revenue projection, the contingent payment would be £132 million before tax leakage. ITV wi…
Broadcom's stock rallied in pre-market trading after a regulatory filing revealed that the company and Apple agreed to extend and expand a custom chip supply arrangement through 2031. The multi-year pact covers the development and delivery of custom application-specific integrated circuit (ASIC) silicon across several future generations of Apple ha…
TeraWulf announced a 20-year lease with AI developer Anthropic for a purpose-built data center campus at the company's Justified Data site in Hawesville, Kentucky. The arrangement is expected to generate roughly $19 billion in contracted revenue and prompted a notable premarket share rise. In a separate move, TeraWulf agreed to sell its 50.1% stake…
