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.
30,135 total articles
United Airlines stock fell in pre-market trading after the International Air Transport Association cut its global airline profit forecast by roughly half, citing fuel-price inflation linked to Middle East disruptions. The downgrade came amid United's earlier reduction of its 2026 adjusted EPS guidance and rising fuel costs that have dragged on perf…
Old Dominion Freight Line shares plunged in pre-market trading after Amazon announced the nationwide expansion of its less-than-truckload (LTL) freight offering, opening the service to businesses of all sizes and all U.S. destinations. The move, backed by a large fleet and integrated technology features, prompted a sector-wide reaction as investors…
Paramount Skydance Corp's planned acquisition of Warner Bros Discovery has been submitted for review under the European Union's Foreign Subsidies Regulation. The European Commission has until July 14 to decide whether to accept the filing or to open a 90-working-day investigation. The deal is also subject to a separate EU merger review, and is back…
Delta Air Lines shares fell in pre-market trading after a stark profit outlook revision from the International Air Transport Association (IATA) and a string of company-specific developments. IATA reduced its 2026 global airline profit projection to $23 billion, citing a near-doubling of jet fuel prices since the Strait of Hormuz closure in late Feb…
American Airlines shares declined in pre-market trading after the International Air Transport Association sharply reduced its 2026 profit outlook for global airlines. The downward revision, driven by a near-70% year-over-year increase in jet fuel costs tied to Middle East conflict and Strait of Hormuz tensions, triggered broad sector weakness that …
Volvo AB shares fell just over 3% after the company held its Capital Markets Day in Eskilstuna, where management reiterated ambitious growth targets across trucks, construction equipment, autonomous solutions and marine engines. Morgan Stanley retained an "equal-weight" rating and a SEK 342 price target, saying the group's quality is largely reflec…
Alibaba Group Holdings Ltd ADR dropped 3.1% in pre-market trading to $115.97 after reports that China will invest roughly 2 trillion yuan (about $280 billion) over five years to build state-backed AI data centers. The plan, combined with a recent U.S. Pentagon designation labeling Alibaba a "Chinese military company," and a weak technology market t…
Gasoline rationing has been put in place in Russian-controlled Crimea after recent Ukrainian drone attacks limited fuel deliveries from the Russian mainland. Officials in Sevastopol reported 20-litre purchase caps, QR-linked checks and some temporary grocery limits, while Ukraine said it struck multiple military and energy targets deep inside Russi…
Oscar Health shares climbed 3.8% in pre-market trading to a new 52-week high of $28.16 after Barclays raised its rating to Overweight and increased its price target to $35. The upgrade, coupled with upbeat remarks from CFO Scott Blackley about utilization trends and a favorable Wakely actuarial result, reinforced investor confidence in Oscar’s impr…
Porsche CEO Michael Leiters stated at an event hosted by the magazine "Auto, Motor und Sport" that the company will not build a fully electric version of its iconic 911 sports car. Leiters reiterated that, to date, all 911 variants have been combustion-engine vehicles, with some available as hybrids. Porsche already offers a fully electric sports c…
Shares of Saia and Old Dominion Freight Line fell about 7% in premarket trading while FedEx Freight dropped roughly 6% after Amazon said it has expanded its less-than-truckload (LTL) freight service to ship to any destination across the United States and serve businesses of all sizes. Amazon said the broader rollout responds to strong demand from i…
VS Media Holdings Ltd. stock jumped sharply in pre-market trading after the company disclosed a late June 9 SEC filing showing it converted a US$3.8 million convertible promissory note into equity with S T Meng Pte. Ltd. The transaction extinguished the borrower's cash repayment obligation and lifted VS Media’s aggregate voting stake in the Singapo…
Chewy Inc. stock climbed 7.2% in pre-market trading following fiscal first-quarter 2026 results that materially exceeded analyst estimates. The company reported adjusted EPS of $0.43 versus a $0.24 consensus, revenue of $3.36 billion, and notable expansion in adjusted EBITDA and gross margin. Management highlighted nearly 200,000 net customer addit…
Porsche will not produce a fully electric version of its 911 sports car, CEO Michael Leiters announced at an industry event. The 911 line has relied on combustion engines since its origin, with some hybrid variants offered. Porsche sells the fully electric Taycan and two fully electric SUVs, but the company says it has overestimated demand for elec…
Tianci International's shares leapt in pre-market trade, rising 233.3% to $4.00 as speculative buying overwhelmed a micro-cap with an exceptionally small public float following a recent reverse stock split. An April memorandum of understanding with Greypole Mining related to a Zimbabwe mining expansion has drawn investor attention to the company's …
Alibaba shares fell in U.S. premarket trading after a Bloomberg report said China plans to invest roughly 2 trillion yuan over five years in data centers to support its domestic AI industry. Investors interpreted the announcement as a potential threat to private cloud operators' pricing and returns. Citi analysts pushed back, saying the market reac…
Barclays forecasts European NATO members will increase defense outlays to $752.60 billion annually by 2035, up from $554.25 billion in 2025 and equivalent to 3.1% of combined GDP. The bank highlights Rheinmetall and Leonardo as top stock picks, and projects a sharp rise in European equipment spending through 2030.
Thomson Reuters faces a shareholder resolution at its annual meeting that calls for scrutiny of the human rights implications of certain U.S. government contracts, including work involving Immigration and Customs Enforcement (ICE). The proposal, filed by a British Columbia government workers union and supported by an internal employee group, asks t…
LinkedIn has launched BrandWorks, a newly formed team aimed at delivering higher-performing ad campaigns to business customers and expects the unit to reach an annualized run rate of $100 million in the next fiscal year, a source familiar with the matter said. The team, unveiled publicly on Wednesday after an internal rollout in March, has grown ra…
SAP stock dropped sharply in pre-market trade after Goldman Sachs trimmed its price target and lowered margin forecasts, citing expectations of higher hardware costs in the second half of the year. The bank left its Buy rating and its organic current cloud backlog growth assumption for Q2 2026 unchanged at 23.5% year-over-year. The action, combined…
Serbia’s state-controlled oil company NIS has applied to the U.S. Treasury’s Office of Foreign Assets Control for a new license to continue operations past June 16, when its current waiver expires. The company, which runs the country’s only oil refinery, stressed the importance of maintaining domestic fuel supplies and said ownership restructuring …
Wells Fargo updated its view of the global cocoa market, flagging the potential for persistently low inventories and supported prices. The bank pointed to recent price rebounds, the risk that El Niño could dent production, and projected downside in cocoa input costs for Mondelez in 2027 based on forward curves.
U.S. regulators at the Commodity Futures Trading Commission are preparing a proposal to establish new oversight standards for prediction markets, according to people familiar with the matter. The move follows scrutiny of well-timed trades tied to major policy announcements and would set factors for case-by-case review of contracts, with some catego…
Shares of SAP fell roughly 4% after Goldman Sachs reduced its gross margin forecast for the second half of 2026, attributing the revision to elevated hardware costs. The bank left its Buy recommendation intact, kept core cloud backlog growth assumptions largely unchanged and adjusted earnings and price targets modestly. Goldman noted potential marg…
Ares Management has secured $8.5 billion from institutional investors for its latest closed-end specialty credit fund, the third vehicle in its Pathfinder series. The total includes $4 billion in recommitted capital from investors in a prior Ares fund who agreed to extend their holdings for two more years. The fundraising comes amid softer flows in…
