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.
20,565 total articles
Novatek has registered a new subsidiary, Severny Inzhiniring (Northern Engineering), to construct vessels and floating facilities as the company contends with a shortage of ice-class LNG tankers linked to Western sanctions. Ilya Lushchikov, who leads Novatek’s Murmansk LNG project, will head the new entity. Novatek is the majority owner of Arctic L…
Bank of America analysts say systematic trading strategies, led by Commodity Trading Advisors (CTAs), remain a source of selling pressure across equities and fixed income. While major markets showed tentative recovery recently, the bank's note highlights that faster CTA models are heavily short and could extend selling into commodities such as copp…
Madison Air has begun a roadshow for a proposed initial public offering of 82,692,308 shares of common stock, targeting a price between $25.00 and $27.00 per share. The company intends to list on the New York Stock Exchange under the ticker MAIR and said net proceeds would be used to repay certain debt obligations. A consortium of major banks and a…
Three Wall Street firms initiated coverage of PayPay Corp with Buy-equivalent ratings and price targets that imply roughly 20-30% upside from current levels. Analysts point to Japan’s low cashless penetration, PayPay’s dominant QR-code share and its moves into banking and securities as the primary drivers of projected revenue and margin expansion.
BlackRock has submitted a filing with the Securities and Exchange Commission for an ETF intended to track the Nasdaq-100 index. The proposed iShares Nasdaq-100 ETF would trade under the ticker IQQ and enter a market with few funds that directly mirror the tech-heavy benchmark, challenging Invesco’s QQQ Trust ETF, which manages roughly $376 billion.
Fubo's stock rose 3% after the company issued fiscal 2026 adjusted EBITDA guidance of $80 million to $100 million and announced a fiscal 2028 adjusted EBITDA target of at least $300 million. Management projects positive free cash flow beginning in fiscal 2027 and expects to be net cash by fiscal 2028 under its current operating plan.
A set of large insider stock sales by senior executives at CoreWeave, Astera Labs, Apple and Micron were disclosed on Friday. The filings show multi-million and multi-million-dollar transactions executed predominantly under Rule 10b5-1 trading plans, with detailed price ranges, share counts and dates provided for each sale. Market metrics cited in …
Workers at JBS's Greeley, Colorado beef processing facility have agreed to cease a three-week strike and are scheduled to return to the plant after the company committed to resume contract negotiations. Morgan Stanley analysts anticipate that as the plant ramps up capacity, U.S. beef spreads will partially retreat, a development that would weigh on…
Saudi Arabia's stock market finished slightly lower on Monday, with the Tadawul All Share index down 0.08% at the close. Losses in Agriculture & Food, Transport and Industrial Investment sectors contributed to the pullback. Market breadth favored decliners over advancers, while oil and gold prices moved in mixed directions and currency pairs showed…
Goldman Sachs examined four decades of National Longitudinal Surveys covering more than 20,000 individuals and concludes that workers displaced from occupations disrupted by technology face longer unemployment spells, sustained real wage declines and slower household wealth formation compared with peers. Occupational downgrading and recessionary jo…
A coalition of investors is pressing major cloud providers for more detailed disclosures about water consumption and conservation at U.S. data centers, citing community opposition to recent projects and gaps in corporate reporting. Resolutions and active engagement ahead of annual meetings seek site-level data and clarity on how rising compute dema…
JPMorgan Chase's updated spending data through March 27 indicates an acceleration in U.S. consumer spending growth to about 5.8% year-over-year in March, up from 5.0% in February. Discretionary outpaced non-discretionary spending, younger consumers led the gains, and higher fuel and airfares boosted gas station and airline spending.
UBS cites reports that Stellantis has held early talks with China’s Leapmotor to produce electric vehicles at an idle Ontario plant, a development unfolding against a backdrop of shifting tariff arrangements, legal barriers in the U.S., and political pushback in Canada. Automakers including Ford are preparing for a range of outcomes as potential ne…
National Healthcare Properties has filed a registration statement for a proposed initial public offering on the Nasdaq. The self-managed REIT says its portfolio includes senior housing communities and outpatient medical facilities across 29 states, and has named Wells Fargo, Morgan Stanley and BMO Capital Markets as lead underwriters.
Strategy Inc. reported purchasing 4,871 bitcoin between April 1-5 for $329.9 million, resuming acquisitions after a pause. The company generated proceeds by selling shares of its STRC and MSTR stock, and reported a multibillion-dollar unrealized loss on its digital asset holdings for the quarter ended March 31, 2026. As of the most recent filing, S…
Oracle said Hilary Maxson will become chief financial officer on April 6, 2026, reporting to CEO Clay Magouyrk and overseeing the company’s global finance organization. The hire arrives as Oracle reports robust cloud demand and a quarter of more than 20% organic revenue and non-GAAP EPS growth. Current interim finance chief Doug Kehring will return…
Citigroup enters the first-quarter semiconductor earnings season with a measured sector view, highlighting Advanced Micro Devices and Analog Devices as names with potential upside catalysts even as it maintains a cautious overall stance. The bank keeps Broadcom, Nvidia, Texas Instruments and Monolithic Power Systems as top picks and sees data-cente…
Futures tied to Canada’s principal equity index were largely unchanged Monday as market participants weighed reports of mediated ceasefire proposals for the Middle East against ongoing conflict. Thin trading volumes, the mixed performance of U.S. futures, and swings in oil and gold prices contributed to a cautious tone. Market attention remains tra…
Shares of Avis Budget Group (CAR) declined after Deutsche Bank downgraded the stock from Buy to Hold, maintaining a $128 price target. The bank's analyst said the move was based on fundamental valuation concerns over a 12-month horizon, while also flagging the potential for further upside driven by trading dynamics, including activity linked to Pen…
U.S. equity mutual funds and ETFs attracted a net $7.05 billion in the seven days to April 1 as short-term easing of Middle East war concerns prompted investors to add to equities. Large-cap allocations led the gains with $14.67 billion of net buying, while small-cap, mid-cap and sector funds experienced net withdrawals. Fixed income funds register…
Jefferies raised its long-term price forecasts for West Texas Intermediate and Brent crude, arguing that the futures curve is mispricing both near-term and long-term risks. The brokerage highlighted substantial effective outages in oil and refined product supply, large strategic reserve releases that have temporarily suppressed front-month prices, …
Raymond James identified ten regional and specialty banks that stand to gain if markets see fewer Federal Reserve rate reductions in 2026 than previously priced. The change in expectations follows rising energy prices tied to the conflict in Iran and a revised Fed outlook showing fewer cuts than anticipated. The firm quantified potential upside by …
ImmunityBio (NASDAQ: IBRX) saw its stock rise 3% on Monday after submitting a detailed response to the U.S. Food and Drug Administration addressing promotional compliance concerns tied to a television advertisement and a podcast. The company says the TV ad was never aired, removed the podcast from its site and requested third-party hosts take it do…
U.S. stock futures traded with a mixed bias on Monday, supported by reports that mediators were working toward a temporary ceasefire in the Iran conflict. At 07:08 ET (11:08 GMT), Dow futures were down modestly, while S&P 500 and Nasdaq 100 futures showed gains. Several individual equities moved on analyst rating changes and takeover financing repo…
Goldman Sachs said investors in its private credit fund submitted repurchase requests of just under 5% in the first quarter, all of which were honored and remained below the fund's quarterly repurchase cap. The firm highlighted the result as a relative strength versus the broader non-traded BDC sector, which has seen a spike in redemptions and prec…
