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.
20,596 total articles
Occidental Petroleum shares gained 1.8% Thursday after the company disclosed an oil discovery at the Bandit prospect in the Gulf of America and as global crude prices climbed 3% amid worries over a fragile two-week Middle East ceasefire and potential disruptions to flows through the Strait of Hormuz. The well, drilled in Green Canyon Block 680 abou…
Terra Quantum, a St. Gallen-based quantum technology company founded in 2019, has agreed a non-binding letter of intent to merge with Mountain Lake Acquisition Corp. II and pursue a Nasdaq listing that would value the firm at $3.25 billion. The company cited the U.S. as the primary growth market and regulatory benchmark and said proceeds would fund…
Shares of C4 Therapeutics climbed 10% following an announcement that the company has broadened its collaboration with Roche to create degrader-antibody conjugates targeting oncology indications. The agreement provides C4 with $20 million up front and the potential for more than $1 billion in milestone payments, plus future royalties. The partnershi…
BlackBerry reported continued strength in its software divisions and said it has completed its corporate turnaround, forecasting first-quarter revenue above analyst expectations. Growth at its QNX embedded software unit and steady demand for secure communications, largely from government customers, underpinned the outlook. The company also reported…
CoreWeave shares gained 8% following announcement of a $21 billion expanded contract with Meta Platforms to deliver AI cloud capacity through December 2032. The multi-location deployment will host inference workloads and will feature some of the initial implementations of the NVIDIA Vera Rubin platform. CoreWeave leadership framed the agreement as …
J.P. Morgan in a Thursday note named Siemens Energy, Schneider Electric, Vestas, IMI and Metso as its top selections within the European capital goods sector. The bank argues that the sector’s direct revenue exposure to the Middle East is modest on average and that local production and supply chains limit near-term input-cost risks. The analysts al…
Tesla shares rose modestly in premarket trading after a report said the automaker is developing an all-new compact electric SUV that would be smaller and less expensive than its current lineup. Sources indicated the vehicle would be produced in Shanghai with potential expansion to the U.S. and Europe, and that cost savings would come from a smaller…
Polestar reported a 7% increase in first-quarter vehicle deliveries to 13,126 units, driven by a deliberate pivot toward European markets. The company faces margin pressure from U.S. import tariffs and higher costs, has announced refreshed versions of its Polestar 2 sedan and Polestar 4 SUV, and expects to expand to roughly 250 sales locations by t…
China's exports of electric and hybrid vehicles hit a record 349,000 units in March, more than doubling year-on-year, while domestic sales of the same segment declined sharply for a third straight month, according to data from the China Passenger Car Association. BYD led outbound shipments, accounting for roughly one-third of exports, even as its d…
J.P. Morgan downgraded Allwyn AG from "overweight" to "neutral" and trimmed its price target to €14.20 from €23.50 after updating forecasts for the post-combination business with OPAP. While the bank expects mid- to high-single-digit organic revenue growth from 2026 to 2030, it flagged elevated leverage, structural complexity, and valuation premium…
Raiffeisen Bank International has launched a cash takeover offer for Addiko Bank that values the target at 449.5 million euros. The proposal prices each Addiko share at 23.05 euros, equal to the six-month volume-weighted average price and described by Raiffeisen as a 20% premium to an externally determined intrinsic equity value. The deal, which is…
Mercedes-Benz reported a 6% decline in car sales in the first quarter, weighed down by a substantial 27% drop in its largest market, China. Growth in the U.S. and Europe and rising battery-electric vehicle deliveries helped offset some of the shortfall, but not enough to prevent an overall fall in volumes for cars and vans.
Meta Platforms introduced Muse Spark, the inaugural model from its Meta Superintelligence Labs, prompting bullish commentary from sell-side analysts who say the release removes a notable uncertainty for the stock. The natively multimodal reasoning model is live on Meta AI and meta.ai, with a staged rollout planned across Meta's social apps and smar…
Countries in the Gulf region, including Saudi Arabia and the United Arab Emirates, are examining a Ukrainian-designed interceptor drone marketed by Japan's Terra Drone as a lower-cost tool to counter mass-produced Iranian drones. The move reflects concern that continued reliance on costly interceptor missiles is unsustainable in the face of large-v…
Indian share indices ended lower on Thursday with the Nifty 50 closing down 0.93% and the BSE Sensex 30 off 1.20%. Banking, Fast Moving Consumer Goods and Healthcare segments weighed on the market, while select metals and auto-related names advanced. Volatility edged higher and commodity benchmarks showed mixed moves, with crude rising sharply and …
UBS analysts say copper and gold mining stocks look most compelling after the ceasefire between the U.S. and Iran, provided the truce endures and energy prices return to normal. The bank views the risk of an energy-price shock - which it had seen as the major downside for miners - as diminished if shipping through the Strait of Hormuz resumes. Copp…
A Minnesota-based medical-device startup’s attempt to force a national security review of a Chinese investor was rejected by the Committee on Foreign Investment in the U.S. (CFIUS) after a lobbying firm with ties to President Trump’s eldest son arranged senior-level meetings for the investor’s counsel. The decision, which cited material misstatemen…
The Artemis II crew’s 10-day mission to the moon has generated widespread public interest across ideological divides in the United States. From planetariums and school projects to themed merchandise sales and community launch viewings, the flight - a rehearsal for a later planned moon landing attempt - has produced an unusual moment of national coh…
Airline executives and industry groups say a U.S.-brokered two-week ceasefire with Iran is unlikely to deliver rapid respite for carriers. Damage to refining facilities and continued attacks in the Gulf mean jet fuel will remain scarce and expensive for months, even if the Strait of Hormuz reopens. Markets rallied on hopes for easing tensions, but …
A pronounced rise in demand for estrogen patches since mid-2023, amplified by recent shifts in U.S. Food and Drug Administration messaging on hormone replacement therapy, has strained inventories and produced shortages that patients and industry participants say could persist for up to three years. Pharmacies report gaps in supply, manufacturers ar…
Amazon plans to allocate about $200 billion in capital expenditures in 2026, largely to expand artificial intelligence infrastructure and capacity. CEO Andy Jassy reported robust AI traction at AWS and at the companys custom chip unit, while also flagging capacity constraints and a sharp drop in free cash flow linked to large property and equipmen…
The Pentagon's public rupture with Anthropic has prompted U.S. military units and some investors to seek out alternative artificial intelligence vendors. Small defense AI companies report more meeting requests, faster procurement progress and new investor outreach as the Defense Department pressures its acquisition channels to diversify and speed d…
Stellantis' vehicle production in Italy rose 9.5% year-on-year in the first quarter of 2026 to 120,366 units, according to the FIM Cisl trade union. The union credited the increase to the introduction of new models and reported a 22% jump in passenger car output, excluding light commercial vehicles, to 73,841 units. FIM Cisl also reiterated that 20…
Deutsche Bank has initiated coverage on Haypp Group with a "buy" rating and a SEK196 target, and on Swiss Prime Site with a "hold" rating and a CHF125 target. The bank highlights Haypp's scale in online nicotine pouch third-party retail, its large SKU range and a margin-accretive data business. For Swiss Prime Site, Deutsche Bank recognises a defen…
Barclays projects that major technology companies will outpace the rest of the S&P 500 in first-quarter 2026 earnings growth, while the sector’s valuation premium has dropped to historically low levels versus the index. The bank expects robust margin expansion among Big Tech, a continued hyperscaler investment cycle peaking around 2028, and only mo…
