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.
29,917 total articles
Citi has held a Neutral rating on BMW, saying the stock's valuation appears compelling but that persistent weakness in China and an absence of clear near-term earnings drivers will likely keep the shares trading in a narrow range. The firm expects lower Chinese volumes and sharply reduced earnings contribution from China, and sees management's Sept…
This week brought several notable analyst actions tied to the artificial intelligence investment theme. Susquehanna sharply raised its Micron price objective following blowout results and aggressive customer contract disclosures. Argus began coverage of the newly public SpaceX with a Hold rating, citing valuation and profitability concerns. Morgan …
Memory chip manufacturers are seeing outsized revenue growth as demand for high-bandwidth memory (HBM) and other memory types linked to AI infrastructure pushes prices sharply higher. Limited capacity among a few dominant suppliers has tightened supply, lifting prices for DRAM and NAND and shifting investor interest toward memory stocks while raisi…
A Deutsche Bank strategy note argues that heavy capital spending tied to artificial intelligence has not and likely will not crowd out share buybacks across the broader U.S. equity market. While five major cloud and internet firms have driven most of the increase in S&P 500 capital expenditure and pulled back on repurchases, strong earnings and exp…
Hong Kong's equity capital markets collected almost $44 billion in the first half of 2026, the strongest six-month total in five years. The surge, led by Chinese companies tied to the AI supply chain, offset a weaker market backdrop and regulatory measures from Beijing that could constrain listings. Fundraising activity in the region was also suppo…
The MOEX Russia Index finished the session unchanged, with a mix of gains and losses across individual names. Rostelekom, Rosneft and Aeroflot were among the session winners, while PIK, Norilsk Nickel and Surgutneftegas preferred shares were the heaviest decliners. Market breadth skewed positive by count, the Russian Volatility Index held steady, a…
Australia is set to increase maximum penalties for social media companies that systematically breach its ban on children under 16 holding social media accounts, while expanding the investigatory remit of the eSafety Commissioner. The shift follows evidence that many underage users are still finding ways onto platforms and a legal challenge to the l…
BCA Research has downgraded Korean equities to neutral from overweight, identifying South Korea as the most extreme expression of the recent global risk-on rally. The KOSPI has jumped more than 50% over the past three months and roughly 173% over the past year, driven largely by semiconductor gains and heavy retail investor participation. BCA warns…
UBS recommends building portfolios that can perform across a range of outcomes instead of making binary market calls. The bank remains constructive on U.S. equities, forecasting the S&P 500 at 8,200 by June 2027, while outlining protective measures for downside risk and tactics to capture upside should markets outperform. UBS assigns 20% probabilit…
UBS reports the two-month rolling correlation between the S&P 500 and the 10-year Treasury yield has dropped to -0.69, the lowest reading since 1996. Historically, negative bond-equity correlations have offered downside protection for balanced portfolios because investors flock to government bonds when equities fall. That relationship is weakening …
Australia announced an expansion of enforcement tools around its six-month-old minimum-age social media ban, doubling the maximum fine for systemic non-compliance and granting the eSafety Commissioner broader information-gathering powers amid data suggesting the law has yet to significantly curb teen social media use.
Citi argues the rout in Chinese internet stocks has been overdone after investors rotated into AI hardware winners. The bank lists PDD, Meituan, Baidu, NetEase, Trip.com and Full Truck Alliance as preferred picks, noting large cash cushions, ongoing buybacks and valuations that are near the cheapest levels seen in years despite continued cash flow …
Orient Express, a joint venture run by Accor with LVMH as partner, has launched its first of two large yachts aimed at the ultra-rich. The move is intended to capture demand for high-end experiences from a growing cohort of billionaires tied to the tech boom, while the venture’s future ownership could shift depending on reciprocal buyout options be…
Bernstein lowered its price target on BMW to €85 from €108 while retaining an Outperform rating, citing a weaker China demand outlook, reduced earnings and profitability projections, and higher competitive pressure in Asia-Pacific. The firm cut its 2026 guidance assumptions after BMW’s own reduction in guidance, but still sees the automaker’s Neue …
On June 27, U.S. safety regulators said they have closed an engineering analysis into reported power steering loss in certain Tesla Model 3 and Model Y vehicles following a large recall and an over-the-air software fix deployed by the automaker. The probe had covered approximately 376,241 vehicles from the 2023 model year and was opened after owner…
Trustpilot will integrate its verified review system into Shopify merchants' storefronts, enabling review display and feedback management inside the Shopify platform starting June 29. The move comes as Trustpilot reports a dramatic increase in click-throughs from AI-driven search platforms and signals a push to deepen partnerships with large commer…
The U.S. National Highway Traffic Safety Administration has closed a preliminary evaluation covering 441,002 Honda vehicles after the automaker issued a recall for selected 2018-2022 Odyssey minivans. The probe had been opened amid reports of side airbags deploying unexpectedly while the vehicle was in motion. Honda's recall filing to the regulator…
SpaceX will be formally added to the Nasdaq 100 index on July 7 after Nasdaq adjusted eligibility rules to ease entry for newly listed companies. The move will force index-tracking funds to buy the stock, with J.P. Morgan estimating roughly $4.3 billion in passive inflows. The company, which began trading on Nasdaq on June 12, has reported mixed re…
Bernstein's analysis positions Google Cloud as the leading AI cloud platform following a strong first quarter, led by 63% year-over-year revenue growth and expanding operating margins near 33%. Microsoft, Amazon Web Services, and Oracle also showed robust AI-driven momentum: Azure grew about 40% with annualized AI revenue topping $37 billion; AWS r…
Dozens of fans who purchased World Cup tickets through ticket-resale platform StubHub say they were left without seats after last-minute cancellations and unfulfilled promises of replacement tickets. The incidents highlight speculative resale practices, platform delivery challenges tied to FIFA’s ticketing infrastructure, and growing public pressur…
UBS has raised its projection for the global security and safety market, forecasting growth to $974 billion in 2026 and to $1.19 trillion by 2029. The bank identifies cybersecurity as the primary driver of expansion, propelled by rising cyber threats, the adoption of generative AI, and regulatory tightening. Other segments such as testing and inspe…
Australia has already met its annual beef quota for China and Brazil is close to doing the same, the Rosario exchange said in a report, a development that could effectively bar both exporters from the Chinese market for the remainder of 2026. The pattern of heavy early-year shipments, contrasted with more restrained exports from other suppliers, ha…
China’s ambassador to Canada, Wang Di, said Geely Holding Group’s Lotus brand electric vehicles will be delivered to Canada next month under an arrangement reached between Prime Minister Mark Carney and Chinese President Xi Jinping. The shipment marks the first Chinese-owned and manufactured cars to enter under a program allowing up to 49,000 Chine…
Meta CEO Mark Zuckerberg has asked company lieutenants to examine potential collaborations with Polymarket and Kalshi as Meta develops its own prediction-market application, Arena. The project is being trialed internally, would use points rather than real-money wagers, and is intended to target 18- to 34-year-olds with an eventual integration into …
Mexico's S&P/BMV IPC ended Friday lower, retreating 0.28% as declines in the Industrials, Consumer Goods & Services and Consumer Staples sectors pressured the market. Market breadth was mixed with 127 advancing stocks, 117 decliners and 12 unchanged. Select consumer staples and beverage names rose, while food producers and a major financial group p…
