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.
30,116 total articles
Citi has upgraded Advanced Micro Devices to Buy from Neutral and increased its price target to $575 from $460, arguing that the market has not fully priced AMD's emergence as a credible second source in the GPU market. The bank raised near-term earnings estimates, flagged a large Meta deal as central to its thesis, and substantially increased its A…
New Oriental Education & Technology shares rose in pre-market trading after Goldman Sachs raised its rating to Buy and set a $65 12-month target. The bank highlighted an unusually low forward valuation, a large net cash buffer and expected margin expansion, while broader U.S. market strength amplified the move.
SailPoint Technologies stock is trading lower in pre-market hours after its fiscal first quarter 2027 report left investors focused on forward guidance that missed consensus. While the company beat on adjusted earnings per share and topped revenue forecasts, a Q2 EPS midpoint and full-year revenue range that came in under or at the low end of analy…
Wolfe Research opened coverage of SpaceX with an Outperform rating and a $175 price target following the company’s historic IPO priced at $135 a share. The firm valued the offering at $75 billion raised and a $1.77 trillion market capitalization. Wolfe’s thesis emphasizes steep revenue growth and margin expansion driven by Starlink connectivity and…
Goldman Sachs cites three principal factors - energy market uncertainty driven by natural gas dynamics, a firmer interest-rate backdrop, and Europe’s relatively small allocation to artificial intelligence-related technology stocks - as the main reasons European equities have underperformed global markets by roughly 7% since the conflict began.
Citi Research warns that failure by the UK government to reach its NATO-committed defence spending target would materially cut the fair values of several UK defence contractors. The bank models outcomes under three spending paths - 3.5% (Citi base case), 3.0% and the government-proposed 2.68% of GDP - and shows Babcock, BAE Systems and QinetiQ woul…
Officials from France said senior executives from leading AI and technology firms are expected to attend the G7 summit in Evian-les-Bains from June 15 to 17. The gathering of G7 heads of state and EU representatives will include a working lunch with business leaders to discuss technology regulation, AI infrastructure and networks, and leaders will …
Air India will defer aircraft deliveries, reduce flights and postpone expansion projects as majority owner Tata Group orders the carrier to focus on cutting a record annual loss of roughly $3 billion. The airline is negotiating with Airbus and Boeing to slow deliveries of as many as 500 previously ordered planes and is reassessing route launches an…
India's major equity benchmarks finished higher on Friday, led by strength in Real Estate, Banking and Consumer Durables. The Nifty 50 rose 1.99% and the BSE Sensex 30 added 2.30% as a broad swath of stocks advanced. Volatility eased with the India VIX falling to a three-month low, while commodities and currencies moved with mixed direction.
Citigroup increased its price target on Continental AG to €80 from €78, added the German tyre and automotive supplier to its European Focus List and kept a buy rating. The broker pointed to a potentially 'catalyst-rich' summer as Continental approaches a possible sale of its ContiTech industrial arm and prepares to report mid-year results, with fir…
On Sunday night, actor and activist Jane Fonda will present a concert in New York under the banner of the Committee for the First Amendment to champion free speech and democratic principles. The event, titled "Rise Up, Sing Out," will stream from The Town Hall and features performances by high-profile artists, timed to coincide with a White House-h…
Documents and a source close to the matter indicate Brazilian refineries, including Riograndense, delivered more than 100 million liters of naphtha to Petrodansk, a company now accused by São Paulo prosecutors of diverting solvent to fuel dealers in a smuggling and money-laundering scheme tied to the First Capital Command (PCC). Regulatory filings …
Ford Motor Company is recalling 255,404 vehicles in the United States after the U.S. National Highway Traffic Safety Administration identified a faulty canister purge valve that may trigger unexpected engine stalling while driving. The recall applies to certain 2012-2018 Focus models that were subject to incorrect repairs during an earlier service …
Wolfe Research’s recent channel checks indicate Ball Corporation could experience higher can volumes driven by strong energy drink sales and World Cup-related beverage consumption. Distributor feedback was upbeat for certain energy brands, while beer channel reports were mixed, with promotional activity already underway ahead of the tournament.
Barclays announced it will acquire GoHenry, a financial platform aimed at children aged six to 18, in a move to broaden its customer base among UK affluent families. Founded in 2014, GoHenry offers a mobile app for saving and investing under parental oversight and issues prepaid spending cards. Barclays did not disclose the purchase price and said …
J.P. Morgan upgraded Kratos Defense & Security Solutions from neutral to overweight even as it reduced its December 2026 price target to $82 from $99. The broker values the company at 6.5 times its 2027 revenue estimate of $2.2 billion, and projects continued high-teens to 20% plus compound growth through 2028. Near-term adjusted EPS and free cash …
A mix of tightly controlled private rounds, personal vetting by SpaceX’s leadership, and an unconventional underwriting and allocation structure have left many investors hungry for shares as SpaceX goes public. Early backers who secured allocations through personal connections have seen exponential gains, while the offering’s design - including a s…
Bank of America strategist Michael Hartnett says investors are largely unmoved by long-term Treasury yields reaching 5%, remaining 'frozen bullish.' In his weekly Flow Show note he outlined three historical forces that have terminated booms - punitive bond yields, cracks among market leaders, and election-driven policy shifts - and flagged signals …
Bank of America credit and debit card data indicate cruise spending rose 8.4% year-over-year in May, a slower acceleration than April but stronger than March. On a month-to-month basis, May cruise spending fell 4.7% from April, a larger sequential decline than the 0.5% average seen from 2023 to 2025. Broader travel spending also increased in May, w…
Volkswagen, Stellantis and Renault have jointly asked European lawmakers to endorse a straightforward 'Made in Europe' requirement and stepped-up support for local production. In a letter to members of the European Parliament, the three carmakers proposed that 70% of the value of vehicles sold in the EU come from within the 27-member bloc, spanning…
Citi Research adjusted its European sector weightings and trimmed its euro-zone growth outlook amid commodity-driven inflationary pressures linked to the Iran conflict. The broker downgraded Travel & Leisure and Financial Services, moved Industrials to neutral and left its end-2026 Stoxx 600 target unchanged at 640 while adding a mid-2027 target of…
Citigroup has set a mid-2027 price target of 700 for the Stoxx 600, signaling roughly 11% upside from current levels, while leaving its end-2026 target at 640. The bank’s more constructive view on European equities rests primarily on projected earnings growth, driven in part by stronger energy sector results and expected fiscal stimulus across the …
Shares of Rolls-Royce Holdings, Safran and MTU Aero Engines climbed sharply after Berenberg upgraded Rolls-Royce to a buy rating and adjusted price targets across the peer group. The bank highlighted Rolls-Royce’s relatively young, thrust-adjusted engine fleet and the strongest year-to-date flight-hour growth among European peers, factors that beca…
Ryanair's stock leapt 8.2% to €26.01 after a US-Iran ceasefire announcement triggered a risk-on move that reduced jet fuel uncertainty. The airline entered the rally with strong financials, including a record €2.26 billion profit after tax and 80% of jet fuel needs hedged at $67 per barrel, helping the stock outperform peers amid broad market gains…
Several asset managers preparing leveraged exchange-traded products tied to SpaceX were instructed to delay launches until the first trading day after the company's IPO, sources said. The request, relayed by exchanges on Wednesday, followed concerns cited by some market participants about introducing leveraged funds concurrently with a high-profile…
