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
Direxion Daily Semiconductor Bull 3X Shares ETF (SOXL) climbed 7.0% in pre-open trading to $193.30 as the fund’s 3x daily leverage amplified a swift recovery in chip stocks following a steep single-session selloff in June 2026. The earlier plunge had erased roughly $1.4 trillion in market value across AI chip names and was prompted by Broadcom’s mi…
SPDR S&P 500 ETF (SPY) rose about 0.6% in pre-market trading after U.S. Central Command said it completed strikes on Iranian military targets, a development investors took as a possible de-escalation step. The move came alongside a slightly softer-than-expected May CPI print and after Oracle disclosed plans to raise about $20 billion, pressuring it…
Futures tied to Canada's S&P/TSX benchmark moved higher on Thursday, aided in part by a rise in spot gold. Market sentiment remained cautious amid renewed hostilities in the Middle East and recent volatility in technology stocks, as investors digested a Bank of Canada hold and mixed signals on trade and AI-related capital spending.
Voltalia SA's stock tumbled over 10% following a Morgan Stanley downgrade to "underweight" from "equal-weight" and a reduction in the price target to €7 from €8. The bank pointed to a stretched valuation relative to renewables peers and materially higher financial leverage, while downgrading near-term EBITDA forecasts after heavier-than-expected cu…
U.S. stock futures climbed in early trading as reports of U.S.-Iran peace talks and a rebound in technology names supported markets. Intel and Navan posted notable premarket gains after analyst upgrades and better-than-expected quarterly results, respectively, while Oracle declined on investor concerns about sharply higher capital spending and plan…
Oppenheimer raised its Tesla fiscal estimates in light of a SpaceX IPO but pushed back against investor chatter about a merger, arguing that two independent public companies provide the capital flexibility CEO Elon Musk needs to pursue AI ambitions. The firm raised revenue and EPS forecasts for 2026 and lifted vehicle and energy storage sales proje…
PureCycle Technologies plunged in pre-market trading after unveiling concurrent offerings that will bring in $395 million through a $250 million convertible note issue and a roughly 17.66 million-share common stock sale. The deal increases share count materially and leaves room for further dilution if the convertibles are converted; proceeds are ea…
Morgan Stanley cut its rating on Swisscom AG from overweight to underweight and reduced its price target to CHF600 from CHF720. The bank said the stock's recent run-up has already priced in much of the company's upside, while structural pressures in Switzerland and execution and valuation risks tied to the Vodafone Italia integration constrain pote…
Brand Engagement Network Inc. (BNAI) climbed 4.5% in pre-market trading after announcing a 50/50 joint venture with INTERVENT International to form INTERVENT Health AI, Inc. The JV will commercialize AI-driven health coaching and chronic disease management solutions, with BEN supplying its conversational AI platform as the exclusive software provid…
U.S. stock index futures rose on June 11 as investors bought beaten-down technology shares and reacted to reports of diplomatic movement between the United States and Iran. Chipmakers led gains in premarket trading after a steep selloff the prior day, while signs that talks to reopen the Strait of Hormuz were proceeding helped pull oil prices lower…
Goldman Sachs increased 12-month price targets for four European semiconductor-equipment and AI-infrastructure related stocks, citing recent industry developments that point to firmer demand. The bank raised targets for ASML, ASM International (ASMI), BE Semiconductor Industries (BESI) and Nebius, while keeping buy ratings on all four. Goldman poin…
Goldman Sachs economists expect the European Central Bank to lift its policy rate by 25 basis points at its forthcoming meeting on Thursday. The bank anticipates upward revisions to core inflation forecasts for 2027 and 2028 driven by a more persistent shock, consistent with their view that energy disruptions will have lasting effects. Markets have…
United States Natural Gas Fund, LP fell 2.1% in pre-market trading to $11.30 as U.S. natural gas futures weakened on a range of bearish indicators. Elevated inventories, an EIA outlook showing production growth, reduced LNG terminal throughput amid Gulf Coast maintenance, cooler temperature forecasts, and a broad equity sell-off combined to pressur…
Coupang stock rose about 6.0% in pre-market trade after South Korea’s Personal Information Protection Commission issued a record 624.7 billion won penalty - roughly $409 million - for a 2025 data breach that exposed personal information of more than 37.5 million users. The fine is significantly lower than the roughly 1 trillion won maximum previous…
Crispr Therapeutics shares rose roughly 3% in pre-market trading after Morgan Stanley initiated coverage with an Equalweight rating and a $60 price target, and Mizuho Securities followed with a Buy rating. Morgan Stanley characterized the company as a "show-me" opportunity, projecting mid-decade sales for Casgevy and a path to profitability by 2029…
Kardigan has filed to go public in the United States, seeking a valuation as high as $1.4 billion and proposing to sell 23.3 million shares at $14 to $16 apiece to raise up to $373.3 million. The clinical-stage company, which develops precision medicines for cardiovascular conditions, is advancing three late-stage experimental therapies and will li…
Micron Technology shares climbed in pre-market trading after several brokerages sharply raised price targets on the expectation of a sustained memory pricing upcycle. Wolfe Research, Daiwa and Goldman Sachs lifted targets substantially while UBS highlighted a dramatic expansion in memory revenues driven by agentic AI demand. Micron also confirmed B…
CVC Capital Partners' CEO Rob Lucas warned that artificial intelligence will be profoundly disruptive but ultimately beneficial for companies that move quickly to adopt it. Speaking at the SuperReturn International conference in Berlin, Lucas highlighted the need for decisive action across portfolio companies while acknowledging significant upfront…
Super Micro Computer rallied 7.6% in pre-market trading after plunging about 28% in the prior session when the company disclosed plans to raise roughly $7 billion to procure components needed to fulfill an approximately $39 billion backlog of AI server orders. The rebound is supported by a technical support zone and recent strong quarterly results,…
Intel shares jumped in pre-market trading after BofA Securities moved its rating from Underperform to Buy and raised its price target, citing the company’s positioning in wafer fabrication and advanced packaging. The upgrade, combined with recent foundry-related customer reports and ancillary analyst support, outweighed a wider pullback in major U.…
Kepler Cheuvreux has resumed coverage of Johnson Matthey with a 'buy' recommendation and a 2,450p price target. The broker highlights the company's strong position in the gasoline-hybrid market, its planned acquisition of Cormetech to expand stationary emissions control reach including data centres, and provides a multi-year forecast for earnings, …
Navan stock jumped sharply in pre-market trading after the company reported first-quarter fiscal 2027 results that beat consensus on every major metric. The report featured a larger-than-expected non-GAAP EPS, revenue that exceeded Street estimates, record Gross Booking Volume and a return to positive free cash flow. Management raised full-year rev…
India's benchmark indices ended lower on Thursday as declines in IT, capital goods and power shares pressured the market. The Nifty 50 fell 0.23% while the BSE Sensex eased 0.20%, led by losses in Infosys, HCL Technologies and Adani Ports even as Mahindra & Mahindra and private banks outperformed. Commodity and currency moves included drops in gold…
Oracle's stock tumbled 7.0% in pre-market trading after its Q4 FY2026 results, as investors reacted to an aggressive data-center expansion plan. The company reported a record $19.2 billion in quarterly revenue and adjusted EPS of $2.11, yet full-year capital expenditures jumped 162% to $55.7 billion, producing negative free cash flow of $23.7 billi…
Senator Elizabeth Warren has proposed legislation that would require financial institutions to disclose their credit and equity exposures to companies involved in artificial intelligence, directing the Office of Financial Research to collect the data and the Financial Stability Oversight Council to publish an assessment and recommendations to Congr…
