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.
20,606 total articles
The Depository Trust & Clearing Corp. is working with Amazon Web Services to shift its core clearing, settlement and risk-management systems to the cloud by the end of the decade. The transition will occur in phases, follows a recent SEC no-objection for hosting a subset of systems on public cloud, and is being pursued alongside an expansion of DTC…
Energous Corporation's stock climbed 17% after the wireless power provider detailed expanded deployments with two Fortune 10 customers, including a U.S. roll-out targeting roughly 4,700 locations and international installations tied to an e-commerce and reverse logistics partner. The firm highlighted successful operation in refrigerated settings, p…
Morgan Stanley reported higher first-quarter profit on dealmaking gains and robust trading revenues, with investment banking, equity and fixed-income trading all posting double-digit increases. Market volatility tied to Middle East tensions has raised trading activity even as new listings remain selective.
Barclays estimates that sidewalk robots and aerial drones can materially lower per-order delivery costs, potentially reaching as little as $1 per drop over time. The brokerage projects this shift could create a multi-billion dollar annual profit opportunity for global food delivery platforms, while adoption remains at an early stage.
Germany's VC pilots' union and Lufthansa remain deadlocked over whether to accept arbitration after each side set different preconditions. VC says Lufthansa rejected its arbitration offer, citing the airline's demand to include a wide range of collective bargaining matters and existing long-term contracts. Lufthansa says it remains open to arbitrat…
Bank of America reported that U.S. equity markets posted their first weekly net inflows since early March in the week ending April 10. The gain was entirely ETF-driven, with equity exchange-traded funds drawing $2.9 billion while single-stock holdings saw $2.6 billion in net outflows. The S&P 500 climbed 3.6% in the same week, a move BofA linked to…
Robinhood Markets shares climbed sharply after the Securities and Exchange Commission approved a restructuring of the pattern day trader rule, removing the $25,000 minimum equity threshold and replacing it with risk-based margin requirements that apply to all investors. The move also boosted peer retail broker shares and is expected to encourage mo…
BRP Inc. shares plunged 20% after the company suspended its fiscal 2027 guidance following a change to U.S. Section 232 tariffs. The amendment, effective April 6, 2026, replaces a metal-content-based tariff with a 25% levy on the total value of imported snowmobiles and most off-road vehicles. BRP says the shift could add more than $500 million in c…
Vaar Energi, an Eni subsidiary, said it will join Equinor in a roughly $360 million investment to boost crude production from the Arctic Goliat oilfield. The plan includes a pipeline link to the Snoehvit gas facility to free constrained oil output, with higher oil volumes expected from 2029 and the field's life extended by about a decade to around …
Deutsche Bank moved Norsk Hydro from a buy to a hold rating while increasing its price target to NOK100 from NOK88, citing the stock's rapid advance alongside rising aluminum prices. The bank noted that current share levels imply aluminum prices above incentive thresholds and warned that prolonged regional supply disruptions raise demand risks. Its…
Volkswagen Group China CEO Ralf Brandstaetter warned that China’s passenger car market could shrink for the first time since 2018 and described recent market projections as a best-case outcome. Volkswagen has cut its long-term China sales forecast to 26 million vehicles by 2030 from a prior 28 million, and is accelerating launches of electric and h…
Walmart announced a comprehensive redesign of its Great Value private-label brand covering nearly 10,000 food and consumable items. The first major refresh in over a decade will roll out over two years, starting with salty snacks, and will add standardized nutritional information and benefit claims to food packaging. Walmart says the changes will n…
PNC Financial reported an 18% rise in first-quarter profit, aided by its January acquisition of FirstBank and expanding loan volumes. Net interest income and net interest margin improved, fee income climbed, and capital markets revenue saw a notable increase. The bank also continued share buybacks and provided buyback guidance for the coming quarte…
Deutsche Bank has upgraded Uniphar Plc from hold to buy and established a new price target of €5 per share, arguing the market is undervaluing the stock because it remains anchored to the company's defensive Supply Chain & Retail arm while underappreciating the expanding contribution from faster-growing Medtech and Pharma operations. The bank's sum…
U.S. equities have largely reversed the market impact of the Iran conflict, with the S&P 500 up 1.3% since February 27 and within about 11 points of a record high. Analysts describe the rally as a V-shaped buy-the-dip recovery, while diplomatic talks and a recently reported naval blockade introduce important unresolved risks. Inflation data shows h…
Indian equity benchmarks ended higher, with the Nifty 50 climbing 1.63% to a one-month high and the BSE Sensex 30 up 1.64%. Gains were concentrated in Power, Consumer Durables and Capital Goods sectors. Broader market participation was strong on both the NSE and BSE, while India VIX fell and commodity and currency moves were mixed.
Jefferies downgraded Autoliv to a "hold" rating and reduced its financial forecasts, citing a tougher operating backdrop beyond the first quarter. The broker cut 2026 EBIT estimates and reduced its price target, pointing to higher raw material and energy-related costs, tariff risk, and softer demand in China as key headwinds.
Snap announced workforce reductions affecting about 1,000 full-time employees - roughly 16% of its global staff - and will eliminate over 300 open positions. CEO Evan Spiegel framed the actions as steps to improve efficiency and pursue profitable growth, noting AI improvements that enable faster work. The stock jumped 8.2% in premarket trading as m…
Barclays has reshuffled ratings on several Spanish lenders ahead of first-quarter earnings, upgrading CaixaBank and downgrading BBVA as analysts shift toward firms with clearer earnings visibility and downside protection. The bank now models a higher ECB deposit rate path and greater rate pressure in Turkey, adjusting earnings and capital distribut…
U.S. Senator Elizabeth Warren has asked the secretaries of the Department of Energy and Department of Defense to explain the extent of their reliance on Nvidia hardware and software following Nvidia’s acquisition of SchedMD, the developer of Slurm cluster-management software. Warren raised concerns about potential national security and competition …
Netflix faces its first quarterly report since abandoning an effort to acquire Warner Bros Discovery. Investors will watch for signs that higher content spending, expansion of advertising revenue and increased live programming can offset lost strategic options and intensifying competition from a potential combined Warner Bros-Paramount Skydance.
Automakers and battery manufacturers are attempting to redirect idle EV battery capacity into stationary energy storage to meet rising electricity and data-center demand. But conversion is expensive and time-consuming, China dominates key supply chains, and projected storage demand in North America will not match the glut of factory capacity built …
Volkswagen Group China cautions that competition will intensify as the Chinese auto market shows signs of slowing, with the region's chief saying a decline in sales cannot be excluded and the group's long-term global volume forecast trimmed to 26 million vehicles by 2030 from 28 million previously forecast.
Barclays has adjusted its stance on Irish lenders, upgrading Bank of Ireland to overweight from equal weight, moving Permanent TSB to equal weight from underweight, and retaining AIB Group PLC at equal weight. The bank set price targets for the three lenders and provided multi-year forecasts for net interest income, statutory profit before tax, ret…
Speaking at UBS's annual general meeting in Basel, Chairman Colm Kelleher said proposed Swiss capital requirements represent a serious risk to the bank's business model and offer little improvement to financial stability. He reaffirmed UBS's commitment to Switzerland and growth plans in Asia and the United States, while noting the bank may need to …
