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.
29,989 total articles
Armata Pharmaceuticals saw a 7.7% gain in premarket trading after the Department of Defense provided an additional $2.5 million in non-dilutive funding. The award, now totaling $28.7 million, is administered through the Medical Technology Enterprise Consortium and supports late-stage development and Phase 3 readiness activities for AP-SA02, the com…
Allium has closed a $40 million Series B round led by Amplify Partners, with continued backing from Kleiner Perkins and Theory Ventures. The enterprise blockchain data provider reports revenue growth of more than tenfold since its Series A and says it now serves over 150 enterprise customers while standardizing data across 150-plus blockchain netwo…
Backblaze Inc. saw its stock climb 20% following a five-year contract worth $335 million to supply multi-exabyte storage capacity to CoreWeave. The arrangement will integrate Backblaze's HDD-based storage tiers into CoreWeave AI Object Storage, enabling new service tiers via the LOTA distributed cache and supporting multiple stages of the AI lifecy…
Atlantic International Corp saw its stock jump sharply in premarket trading after Seven Stars B.V., operating under the Circle8 Group platform, won a four-year framework agreement with the Dutch Vehicle Authority (RDW) to supply specialized ICT professionals. The award, valued at roughly $52 million, comes on the heels of a separate public sector c…
Piper Sandler upgraded Synopsys to Overweight from Neutral and increased its price target to $550 from $450, pointing to stronger demand for the company's intellectual property as Intel's foundry plans gain traction. The brokerage highlighted possible Apple and Google engagements with Intel, tighter capacity at leading-edge foundries, and modest up…
RBC Capital Markets began coverage of GE HealthCare Technologies with an Outperform rating and an $80 price target, highlighting the company’s ramped R&D since its 2023 separation from General Electric, a record $22 billion backlog, and a pipeline of AI-enabled imaging, diagnostics and software products that the firm says should accelerate revenue …
The Competition Appeal Tribunal in the UK has authorised a collective action by consumer group Which? seeking about £3 billion in damages from Apple related to its iCloud storage service. Which? says Apple used technical restrictions, system prompts and tight integration with iOS devices to limit users' ability to switch to rival cloud providers, h…
A recent decision by South Korean regulators to allow high-leverage, single-stock ETFs tied to Samsung Electronics and SK Hynix has triggered a severe selloff in memory chip shares across Asian markets and pressured US futures. Regulators publicly expressed regret for greenlighting the products, which ballooned to sizable retail-dominated holdings …
Nike shares fell in premarket trading after Evercore ISI cut its rating to In Line from Outperform and reduced its price target to $46 from $57. The brokerage said its field checks revealed growing weaknesses across U.S. lifestyle and family channels, disappointing Jordan retro rollouts and European supply chain disruptions that have affected World…
ESS Tech says it has compiled nearly $1 billion of early-stage sodium-ion battery opportunities in seven weeks, driven by interest from data centers, critical infrastructure providers and utilities. The company is reallocating capital and personnel toward sodium-ion development while continuing iron flow work for long-duration storage.
SoFi has acquired Composer, an AI startup that enables retail investors to construct and automate sophisticated trading strategies typically used by institutional traders. The deal, terms undisclosed, is part of SoFi's push to make systematic investing tools accessible to its growing member base as competition among brokerages intensifies.
SanDisk shares slid about 7.9% in pre-market trade as a severe sell-off in South Korea's memory-chip equities spread into U.S. markets. The KOSPI 200 futures triggered a circuit breaker on June 23 after a 5% plunge, with SK Hynix and Samsung Electronics tumbling more than 12%. Investor anxiety ahead of Micron's June 24 earnings and concerns about v…
Sanrio reported a sizeable increase in operating profit for fiscal 2026 and issued guidance for fiscal 2027 that exceeds analyst consensus. The beat was driven largely by lower-than-expected selling, general and administrative (SG&A) expenses, even with heavier marketing outlays. Management flagged continued North America sales momentum and said ta…
Primoris Services Corporation stock fell sharply in pre-market trading after the Dallas-based contractor sharply reduced its 2026 adjusted EBITDA and EPS guidance, attributed to cost overruns and schedule delays on six Renewables projects. The company also disclosed the immediate departure of its COO, prompting analyst downgrades and renewed invest…
Kepler Cheuvreux upgraded Kone from hold to buy and lifted its target price to €68 from €58, arguing the strategic case for a proposed combination with TK Elevator remains intact. The brokerage highlighted the deal's service-density and geographic rebalancing benefits, quantified expected synergies, and modelled substantial merger value while flagg…
Webull is introducing a private markets capability that will allow accredited investors on its platform to access late-stage private companies through special purpose vehicles (SPVs) sponsored by Monark Capital Management. The offering uses Monark Markets' infrastructure to source and structure single-company vehicles, with investor interest signal…
CDW shares jumped 2.6% in pre-open trading after Morgan Stanley raised its rating on the IT solutions firm from Equalweight to Overweight and lifted its price target to $170 from $142. The broker cited four primary reasons for the upgrade, highlighting the company’s exposure to servers, storage and networking, and suggesting the market has not full…
Zeta Global jumped in pre-market trading after unveiling a deep strategic collaboration with Palantir Technologies that will rearchitect Zeta’s Data Cloud on Palantir’s Foundry platform and place Zeta’s AI layer Athena at the core of a combined enterprise marketing infrastructure. The announcement, made during the opening day of the Cannes Lions fe…
Hermès stock has fallen roughly 6% over two sessions after a series of analyst notes signaled only modest sequential improvement in demand ahead of the group's 2Q26/1H26 results, and warned of margin compression in first-half 2026. Coupled with a difficult macro backdrop for European equities, the flow of negative analyst revisions has kept the lux…
Apollo Global Management shares fell in pre-market trading after the company disclosed that its $26 billion private credit vehicle, Apollo Debt Solutions, is enforcing a 5% quarterly redemption cap following a surge in investor redemptions to roughly 16.8% of shares. The fund expects gross outflows of about $700 million versus inflows near $300 mil…
U.S. stock index futures dropped sharply in early trading as technology and AI-related equities led declines. Nasdaq 100 futures fell the most, with the S&P 500 and Dow also weaker. Individual movers included volatile SpaceX shares, a downgrade-led decline for Nike, and a gain for Zeta Global after a strategic partnership announcement with Palantir…
Puma SE shares tumbled about 7% to €26.17 as a bearish Q2 preview from Bernstein, which cut its full-year EPS forecast and outlined steep regional revenue weakness, intensified an ongoing selloff. The research note projected larger-than-expected declines in revenue and flagged negative net income and EBIT for the quarter, while the stock’s broken t…
AMC Entertainment Holdings said it agreed to sell 95,250,000 shares in a registered direct offering expected to raise about $200 million in gross proceeds. The company intends to use net proceeds to redeem $125,500,000 of 6.125% Senior Subordinated Notes due 2027 and to cover related costs, with any remaining funds reserved for general corporate pu…
AMC Entertainment's stock tumbled in premarket trading after the company disclosed the pricing of a $200 million registered direct offering. The roughly 95.25 million-share sale, announced via an SEC Form 8-K on June 23, 2026, will close around June 24, 2026, with net proceeds intended mainly to redeem outstanding 2027 subordinated notes. The offer…
Nike shares moved lower in pre-market trade after two major brokerages trimmed price targets and one downgraded the stock, citing slower-than-expected recovery, ongoing wholesale channel resets, and limited product innovation through 2027. The actions come ahead of Nike’s Q4 fiscal 2026 results on June 30 and follow signs of weakness in higher-marg…
