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.
18,101 total articles
STARZ has appointed Jim Kapenstein to the newly created role of Chief Legal and Strategy Officer. Kapenstein, who begins next week, will be responsible for the company's legal and business affairs, lead strategic corporate transactions including mergers and acquisitions, and manage governance and public company obligations from STARZ's Santa Monica…
Ship-tracking estimates show U.S. crude exports rose to an all-time high of 5.6 million barrels per day in May as the conflict involving the U.S., Israel and Iran prompted refiners in Asia and Europe to seek alternatives to Middle Eastern oil. Record flows to both regions, steep WTI-Brent spreads earlier in the quarter, and a sharp rise in Japanese…
Fifteen defendants pleaded not guilty in federal court to charges tied to a long-running insider trading operation. Authorities allege the scheme, orchestrated by a lawyer and a personal injury attorney, began in 2014, involved nearly 30 pending mergers and produced tens of millions of dollars through trading based on stolen tips. A cooperating wit…
Earnings season remains active on Tuesday with reports scheduled before and after the market open. Investors will parse results from a mix of retailers, security software, and other listed companies to gauge consumer health and corporate IT spending. Key names due include Palo Alto Networks, Dollar General, Ulta Salon Cosmetics & Fragrance, Victori…
Market participants are preparing for a busy Tuesday of data and commentary, led by the JOLTs Job Openings report at 10:00 AM ET. The labour-market snapshot, alongside Federal Reserve commentary and a pair of consumer and sentiment gauges, may influence short-term trading as investors parse employer demand, retail trends, and measures of economic c…
UBS released its list of favored stocks in the industrial complex, naming top selections across aerospace, airlines, transportation and auto parts. The bank assigns price targets implying between roughly 15% and 54% upside versus current share prices, citing anticipated improvements in cash flow, margin expansion and earnings as companies execute p…
New vehicle registration figures for May indicate a rebound in Tesla’s European deliveries, with notable year-on-year increases in several countries even as the company’s regional market share has diminished. Broader growth in electrified vehicle registrations across Europe is supporting Tesla’s sales recovery.
Tandem Diabetes Care's stock surged 14.1% in mid-day trading after Wells Fargo upgraded the company to Overweight from Equal Weight and lifted its price target to $27 from $21. The firm highlighted Tandem's rapidly expanding pharmacy channel as a material, underappreciated long-term opportunity. Management disclosed progress rebuilding formulary co…
British ministers released a large tranche of documents on June 1 detailing communications and vetting material connected to Peter Mandelson's selection as ambassador to the United States. The 1,504-page package includes emails, WhatsApp messages and handwritten notes that show Mandelson lobbying for the post, airing criticisms of the government an…
Fluence Energy shares jumped 51% after Siemens released a reference design for an NVIDIA DSX Vera Rubin NVL72 system for a roughly 103 MW AI factory that incorporates Fluence's SmartStack battery energy storage system. The Siemens blueprint specifies a 2-3 hour battery configuration, above prior assumptions of about 1 hour, and lists Fluence as the…
Anthropic has confidentially submitted paperwork for a U.S. initial public offering, joining a group of high-profile private companies that are positioning for potential listings in 2026. SpaceX is moving rapidly toward a roadshow and a possible share sale expected to target roughly $75 billion, while OpenAI is also preparing to file and aims for a…
Western Digital shares jumped sharply, reaching a new 52-week peak after multiple Wall Street firms lifted price targets and the company reported a standout fiscal quarter with expanding margins and a higher dividend. Analysts point to AI-driven storage demand and a persistent supply-demand imbalance for hard disk drives as catalysts supporting fur…
On June 1, Florida sued OpenAI and CEO Sam Altman, accusing the company of misrepresenting the safety of its ChatGPT platform and causing harm to children by supplying information tied to school shootings, guidance on self-harm, and fostering addictive use. Attorney General James Uthmeier, a Republican, filed the complaint in state court and seeks …
Seagate Technology shares climbed 5.5% in mid-day trading to a 52-week high of $930.98, driven by a mix of product- and demand-side signals for storage. A high-profile NVIDIA announcement at GTC Taipei, several analyst price-target increases, and the clearing of a significant legal overhang combined with improved balance sheet flexibility to spur i…
Florida has initiated a state court lawsuit against OpenAI and CEO Sam Altman, alleging the company released ChatGPT while aware of harms and ignored safety warnings. The complaint asserts violations of product liability laws and brings negligence and deceptive and unfair trade practices claims. The state is seeking civil penalties and an order to …
Anthropic announced a confidential filing for a U.S. initial public offering on Monday. The Claude chatbot maker is competing with ChatGPT developer OpenAI, which is reported to be preparing a confidential U.S. IPO filing in the coming weeks. The moves come ahead of an anticipated SpaceX mega offering that seeks a $1.75 trillion valuation and hopes…
Marvell Technology shares jumped sharply in intraday trading after the company reported record fiscal Q1 revenue, lifted near-term guidance on surging AI-related bookings and saw multiple brokerages raise price targets. Data-center products accounted for the bulk of revenue, and management said demand for next-generation optics and scale-out switch…
Autodesk shares climbed sharply in mid-day trading after better-than-expected Q1 FY2027 results and an upgraded full-year outlook offset investor concern about the company's $3.6 billion acquisition of MaintainX. Analysts reiterated bullish ratings, and positive industry commentary on software and AI added to the recovery.
Merck is engaging with global health authorities about whether its COVID-19 antiviral pill, molnupiravir (Lagevrio), could be deployed against a widening Ebola outbreak in the Democratic Republic of Congo caused by the Bundibugyo strain. Company officials said the drug is a non-specific RNA virus therapy, has shown efficacy against Ebola in animal …
Snowflake's stock climbed sharply in mid-day trading after the company posted fiscal first-quarter 2027 results that topped expectations and announced strategic AI-related developments, including an expanded $6 billion collaboration with Amazon Web Services and the acquisition of AI startup Natoma. The quarter featured the company's largest sequent…
Orla Mining said Monday it has temporarily suspended operations at its Camino Rojo gold mine in Zacatecas, Mexico, following an "illegal work stoppage and blockade" by unionized employees. The company said the stoppage is related to negotiations over productivity bonuses and profit-sharing and that it is engaging union leadership and federal labour…
Brokerage coverage of HawkEye 360 following its Wall Street debut highlights a consensus that the company occupies a distinctive niche in space-based radio-frequency signals intelligence, while disagreement centers on how much growth and margin expansion are already priced into the stock. Price targets range from $34 to $42 and analysts point to a …
Nvidia has introduced a new chip designed to enable advanced artificial intelligence processing directly on laptops and small desktops, a move backed by collaborations with Microsoft and MediaTek and supported by major PC makers. Vendors say AI-capable machines can run larger volumes of AI workloads locally, including chatbots and, in some cases, m…
Guyana, already the fastest-growing economy globally, is positioned to receive substantially larger oil revenues after a spike in crude prices following the U.S.-Israeli war on Iran. Rapid output growth led by an Exxon Mobil-led consortium has transformed the country’s economic profile, but the sudden influx of cash raises questions about managing …
IBM shares climbed roughly 9% on Monday after Barclays opened coverage with an Overweight rating and a $350 price target. The brokerage highlighted IBM's transition toward a software-driven profit base, its hybrid cloud positioning anchored by Red Hat technologies, and AI-related demand as key pillars supporting mid-single-digit organic revenue gro…
