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.
9,197 total articles
Under CEO Marc Murtra, Telefonica has intensified a program of withdrawals from Spanish-speaking Latin America, citing lower profitability relative to capital cost. After a 2024 ownership and management shake-up and a strategic plan presented in November, the company will concentrate on four primary markets - Brazil, Britain, Germany and Spain - wh…
Personalis Inc. saw a notable one-day stock gain after Medicare approved coverage for its NeXT Personal molecular residual disease (MRD) test for surveillance of Stage I to III non-small cell lung cancer. The decision, grounded in clinical data from a collaboration with the TRACERx consortium, follows a separate coverage determination for breast ca…
Retail traders piled into software and large-cap tech names after a recent selloff, sending one iShares tech-software ETF to a record one-month inflow even as the broader software index and related ETFs suffered steep declines amid renewed worries about advancing AI capabilities and their potential to disrupt incumbent software businesses.
Wingstop's stock slipped about 6% in early Tuesday trading after TD Cowen and Raymond James reduced their ratings, flagging a tougher 2026 outlook driven by weakening same-store sales and concentration in financially pressured customer segments. Both brokerages questioned whether new initiatives - including smart kitchens, a loyalty program and Wor…
Goldman Sachs CEO David Solomon said financial sponsors, including private equity firms, are likely to increase dealmaking as they face pressure to return capital to investors ahead of fresh fundraising. Solomon also predicted strategic corporate mergers and acquisitions will be meaningfully higher than the five-year average. Goldman benefited from…
Nebius Group NV has agreed to acquire Tavily, a firm that builds search tools tailored for AI agents, in a $275 million transaction reported by Bloomberg. The move brings Tavily's founder and CEO Rotem Weiss and his team into the Netherlands-based cloud operator and aligns with Nebius's push to expand services for AI customers that operate autonomo…
Warner Bros. Discovery Inc. shares rose 2% after Paramount Skydance Corporation enhanced its $30 per share all-cash takeover proposal by adding a quarterly ticking fee, agreeing to cover a $2.8 billion termination fee to Netflix, and backstopping a bond exchange to remove a possible $1.5 billion financing cost for Warner Bros. Discovery. The revise…
Phio Pharmaceuticals reported strong efficacy and a favorable safety profile from its Phase 1b study of INTASYL candidate PH-762, driving a 57.8% gain in premarket trading. Final-cohort data showed an 85% pathological response rate, and company plans include FDA engagement and a required non-human primate study ahead of pivotal trials.
MicroStrategy Inc will continue to acquire Bitcoin on a recurring basis and does not intend to sell its existing cryptocurrency holdings, CEO Michael Saylor said in a recent television interview. The comments followed an at-the-market sale of Class A shares whose proceeds were used to add to the company's bitcoin position. Company disclosure throug…
A federal judge in Texas struck down the state's Energy Discrimination Elimination Act, which required public entities to cut ties with financial firms that considered environmental, social or governance (ESG) factors. The ruling, finding the law in violation of First Amendment protections, is expected by legal and sustainable investment experts to…
S&P Global shares slid more than 18% in pre-market trading after the company reported a slight fourth-quarter earnings miss and issued 2026 guidance below Wall Street consensus. Revenue marginally topped expectations, and full-year adjusted EPS rose, but guidance for 2026 and softer growth in Ratings prompted analyst concern about momentum across k…
UniFirst Corp. shares climbed sharply after reports that Cintas Corp. has entered active talks to acquire the uniform-services company, having resubmitted a $275-per-share offer in December. That figure is well above UniFirst's prior close of $199.84 and shares were trading at $235.80 in pre-market activity following the news. The talks follow earl…
Zimmer Biomet reported fourth-quarter sales and adjusted earnings that beat Wall Street expectations, driven by continued demand for hip and knee implants and stable procedural volumes. The company raised revenue guidance for the year but provided 2026 profit guidance slightly below analysts' consensus, citing a near-term drag from changes to its U…
Polyrizon Ltd. shares rose about 2% in premarket trading after the Israel-based, pre-clinical-stage biotechnology company disclosed a non-binding memorandum of understanding to acquire a 51% stake in Arrow Aviation. The proposed deal would involve a cash investment of roughly $5.8 million, the transfer of a Hawker 800 aircraft valued at $3.5 millio…
Incyte projected 2026 sales well below analyst expectations, citing Opzelura underperformance even after a strong fourth quarter. The company also provided Jakafi sales guidance that tops estimates but highlights looming patent expiration risks for its top-selling product in 2028. Shares slipped in premarket trading following the forecast.
Autozi Internet Technology (NASDAQ:AZI) said it has closed a negotiated purchase of roughly $1.87 billion in digital assets for $1.1 billion from an unnamed global crypto-asset institution. The company framed the transaction as a discounted acquisition executed during a period of market adjustment, and announced a broader strategic partnership to d…
Yext, Inc. said it will conduct a modified Dutch auction to repurchase up to $180 million of its common stock, offering $5.75 to $6.50 per share in cash. The announcement prompted an 11% intraday increase in the company's shares. The offer is set to expire on March 12, 2026, unless extended or terminated, and is designed to provide stockholders wit…
UBS moved the U.S. Information Technology sector to neutral, warning that recent gains conceal growing risks tied to hyperscaler capital expenditure and lingering uncertainty in the software landscape. The bank said hyperscaler capex could hit $700 billion this year - a more than fourfold rise over three years - and noted that this investment pace …
Jefferies is maintaining a Buy rating and $860 price target on AppLovin (APP) after a steep year-to-date decline, arguing the pullback overstates near-term risks and creates an attractive entry given the companys growth trajectory and expected upside into Q4 results. Analysts led by James Heaney point to limited fundamental damage from recent marke…
Citi Research has downgraded Nordex SE (ETR:NDXG) to "neutral" from a prior recommendation, pointing to valuation concerns even as it expects earnings to exceed consensus. The German wind-turbine maker has logged a powerful 2025 rally and robust order momentum, but Citi says current multiples - roughly 15x 2027 P/E and 8x EV/EBITA on its forecasts …
Shares of Moody's, FactSet and MSCI dropped after S&P Global posted quarterly results and a fiscal 2026 outlook that missed analyst expectations. S&P Global’s EPS range and revenue growth guidance were below consensus, triggering a selloff that extended across the financial information services sector and left investors watching upcoming earnings r…
Saudi Arabia's equities closed modestly higher on Tuesday, with the Tadawul All Share rising 0.17%. Strength in the Hotels & Tourism, Agriculture & Food and Industrial Investment sectors underpinned the advance, while individual large swings among mid- and small-cap names produced a mixed breadth reading. Commodities and currency benchmarks showed …
Target has elevated Lisa Roath, a company veteran who joined in 2006, to the role of chief operating officer as part of a broader leadership reorganization led by new CEO Michael Fiddelke. The move accompanies cost-cutting steps and additional executive changes while the retailer maintains its prior near-term financial outlook.
Alibaba on Tuesday introduced RynnBrain, an artificial intelligence model created to help robots interpret their physical environment and perform object-level tasks. A DAMO Academy demonstration shows a robot identifying fruit and placing it in a basket. The move places Alibaba in competition with firms such as Nvidia, Google DeepMind and those dev…
RH shares fell 1.3% in premarket trading after the company’s Senior Vice President of Real Estate, Steve Rouman, resigned to take a senior real estate role at Crate & Barrel. Rouman’s exit adds to recent departures of other senior leaders and prompted analyst concern about the speed of turnover in key functions.
