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.
19,993 total articles
JPMorgan strategists report that investors are increasing cash holdings in a pattern similar to 2022, driven by geopolitical uncertainty following the Iran conflict and fears that central banks may repeat policy errors. Implied cash allocations have risen modestly but remain low by historical measures, creating a headwind for both equities and bond…
Goldman Sachs downgraded Evolution Gaming Group from neutral to sell, reducing its 12-month price target to Skr 545 from Skr 785. The bank raised its WACC and lowered terminal growth assumptions, trimmed revenue and EBITDA forecasts, and highlighted regulatory, competitive and cybersecurity risks after a weak fourth-quarter result and slowing reven…
MARA Holdings announced privately negotiated deals to repurchase approximately $1.0 billion in convertible note principal across 2030 and 2031 maturities, reducing its outstanding convertible indebtedness by about 30%. The transactions, financed by the sale of 15,133 bitcoin for roughly $1.1 billion, are expected to close at the end of March 2026 a…
U.S. stock futures declined on Thursday while crude oil climbed further above $100 a barrel amid ongoing conflict in the Middle East and tentative reports of possible talks between the U.S. and Iran. Mixed messaging from all sides, continued military activity and tightened shipping through the Strait of Hormuz left markets skittish. The dollar stre…
Equitable and Corebridge announced an all-stock merger valued at $22 billion that will combine their retirement, life insurance and asset management operations into a single company with over $1.5 trillion in assets under management and administration and more than 12 million customers. The new entity, to operate under the Equitable name and be hea…
The U.S.-Israeli military campaign against Iran has produced widespread disruption to global trade and transport. Tens of thousands of flights have been cancelled or rerouted, jet fuel costs have surged, and flows of important raw materials and energy have been constrained. Industries from aviation and tourism to chemicals, metals production and ph…
Bernstein increased its price targets for ASML, citing a sharp acceleration in DRAM capacity build-out that it expects will more than double EUV tool shipments to memory customers by 2028. The broker raised EPS estimates, adjusted its shipment forecast and lifted targets for Japanese equipment suppliers as well.
Wave Life Sciences reported interim Phase 1 INLIGHT data showing a single 240 mg dose of WVE-007 produced a placebo-adjusted 14% reduction in visceral fat at six months, along with improvements in visceral fat-to-muscle ratio, waist circumference, and lean mass. The company also reported sustained reductions in Serum Activin E and tolerability up t…
Bank of America analysts recommend positioning for Nasdaq-100 outperformance and higher Nasdaq volatility relative to the S&P 500. The call rests on the outsized role of survivorship bias in the NDX since late 2022, proposed Nasdaq methodology changes that could speed inclusion of newly listed names, and a pipeline of tech and AI initial public off…
Bertelsmann is intensifying its legal campaign against restrictions on books in U.S. schools and libraries, the group's CEO said after quarterly results. The United States now represents 28% of Bertelsmann's revenue, up from roughly 14% in 2011, driven by growth across its publishing, music, logistics and education units. The company maintains it h…
William Blair downgraded Adobe to Market Perform on Thursday, pointing to mounting competitive pressure across its core Creative Cloud offerings and rising uncertainty about its longer-term competitive standing. Analyst Arjun Bhatia, now sole coverage lead for the stock, flagged concerns about pricing power, differentiation and Adobe's ability to s…
Snap Inc. shares fell 1.6% in premarket trading after the European Commission initiated an investigation under the Digital Services Act to determine whether Snapchat has adequate protections against child grooming and the sale of illegal or age-restricted products on its platform. The probe follows concerns that Snapchat’s account settings, moderat…
Morgan Stanley lowered its rating on Redeia to equal-weight from overweight and cut the price target from €18 to €15 after the company's strategic plan to 2029 implied slower RAB and net income growth than expected. The bank sees virtually no EPS expansion to 2028 once hybrid issuances are accounted for, raises the Spanish transmission WACC assumpt…
Novocure reported positive topline results from its Phase 2 PANOVA-4 trial testing Tumor Treating Fields (TTFields) with atezolizumab and gemcitabine/nab-paclitaxel in first-line metastatic pancreatic ductal adenocarcinoma. The study met its primary endpoint with a statistically significant improvement in disease control rate versus a historical co…
Kodiak Sciences saw a notable stock uptick after releasing topline results from GLOW2, its second Phase 3 trial of Zenkuda (tarcocimab tedromer) for diabetic retinopathy. The trial met its primary endpoint with statistically significant improvement in diabetic retinopathy severity score and reported a marked reduction in sight-threatening complicat…
The European Commission has opened a formal investigation under the Digital Services Act into Snapchat, owned by Snap, citing suspected shortcomings in preventing child grooming and the distribution of information enabling the sale of illegal or age-restricted products. Regulators say Snapchat’s age-assurance, default settings and reporting mechani…
Bernstein downgraded Qualcomm from Outperform to Market-Perform and trimmed its price target to $140 from $175, citing rising mobile DRAM and NAND costs that could depress smartphone builds and a faster-than-expected decline in Apple-related modem revenue. Analyst Stacy Rasgon warned that Wall Street estimates look too optimistic and that announced…
Despite a near 4% drop in the S&P 500 since the Iran conflict began and a more than 30% surge in oil, Wall Street continues to expect solid first-quarter earnings growth for the S&P 500. Strategists and company commentary point to corporate resilience, though forecasters warn sustained higher oil could erode GDP and tweak consensus profit estimates…
Morgan Stanley defended U.S. memory-chip equities after a sharp pullback, arguing the move largely represents a market re-pricing of durability concerns rather than a structural weakening of demand. Analyst Joseph Moore reiterated Overweight ratings on Micron Technology and SanDisk, saying traditional cycle-peak signals have triggered profit-taking…
UBS has cut its rating on Indian equities from Attractive to Neutral, pointing to the country's reliance on imported energy and its sensitivity to sustained oil price pressure amid an ongoing Middle East conflict. The bank highlights valuation risks for MSCI India, potential strains on the current account and corporate profits from higher energy co…
Morgan Stanley defended shares linked to memory chips after a near-term market selloff, keeping an overweight stance on Micron Technology and SanDisk. The firm argues that tightening supply fundamentals - especially as memory becomes a bottleneck for AI infrastructure and agentic CPU builds - will underpin the sector, and that recent price moves am…
Barclays told clients that the combination of a sudden energy-price shock and accelerating AI-driven corporate investment supports remaining overweight U.S. equities. The bank highlighted resilient earnings momentum, adjusted valuations in Big Tech, and a policy gap between the Federal Reserve and the European Central Bank as reasons to favor the U…
Cathay Pacific has implemented a 34% increase in fuel surcharges across all ticket categories and shifted to a biweekly review cadence for these levies. The long-haul surcharge will rise to HK$1,560 per ticket and short-haul charges will move to HK$389, both effective April 1. The airline said the move follows a surge in fuel costs that its existin…
Nexi announced that Bernardo Mingrone, its outgoing chief financial officer, will take over as chief executive from Paolo Bertoluzzo. The leadership change coincided with an early trading decline for Nexi shares in Milan, where the stock underperformed a broadly weak market. Mingrone, a decade-long company executive, disclosed a purchase of Nexi sh…
Morgan Stanley raised STMicroelectronics to "overweight" from "equal-weight" and increased its price target to €36, pointing to a surge in demand from data centres and nascent improvement in industrial markets. The bank projects steep data-centre revenue growth through 2028, lifted its revenue and adjusted EPS forecasts for 2026 and 2027, and outli…
