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.
30,138 total articles
Goldman Sachs initiated coverage of Prosus N.V. and Naspers Ltd with neutral ratings, establishing a €41 price target for Prosus and a ZAR 902 target for Naspers. The bank applied a 35% discount to a one-year forward net asset value for Prosus, citing limited buyback and operational momentum that it expects will leave the current roughly 30% discou…
Puma shares rose about 7% after Citigroup upgraded the stock to Buy from Neutral and raised its price target to €35, citing a potential China-driven growth cycle following Anta Sports' planned 29% stake acquisition. Citi projects strong China revenue growth, significant upside to Asia-Pacific forecasts and margin expansion over the coming years, wh…
Burckhardt Compression's stock dropped sharply after the company reported fiscal 2025 results and issued a subdued outlook for fiscal 2026. New order intake fell nearly one-third year-on-year, management guided for lower revenue and margins versus recent results, and geopolitical and currency pressures are cited as the primary headwinds. While net …
Cathay Pacific announced that Rebecca Sharpe will leave her role as chief financial officer on October 1 to pursue early retirement and personal commitments. Gavin March, currently finance director at Swire Bulk and a member of the Swire group since 2020, has been appointed to succeed her. March brings almost three decades of finance experience in …
Amazon said it will invest €10 billion in its European fulfillment network and introduced an upgraded AI-enabled Proteus robot at a Dartford event, while announcing additional robotic systems and increased same-day delivery capacity across Europe and other international markets. Key rollouts are scheduled through 2027, and the company reiterated la…
China’s vice industry minister met with SK China leadership and urged the South Korean conglomerate to develop stable supply partnerships with Chinese companies and to participate in China’s industrial modernization, stressing that the ministry values the development needs of foreign firms operating in the country.
Shares of Burckhardt Compression sank 10% after the manufacturer of compressor systems announced a delay to its medium-term financial targets and disclosed a 32% drop in full-year order intake. Management cited business disruption and a stronger Swiss franc as reasons for the altered timeline to reach planned sales of 1.2 billion Swiss francs and a…
Zealand Pharma shares climbed sharply as investors positioned for full data releases at the American Diabetes Association's 2026 Scientific Sessions and on fresh analyst moves. Key Phase 3 and Phase 2 results, plus a price-target revision from Deutsche Bank and continued support from Jefferies, underpinned the rally even as U.S. equity indices fell…
Nokia shares tumbled almost 8% in a single session, sliding to a low of €13.385 before settling around €13.63, as investors booked profits after a long, AI-driven rally. The pullback followed a run-up of about 160% year-to-date and came amid stretched valuation metrics, mixed fundamentals across business segments, and a weak broad market that hit h…
PVH Corp tumbled in pre-market trading after reporting first-quarter revenue slightly above estimates but revising its full-year revenue outlook to roughly flat. Management cited prolonged effects of the Middle East conflict on EMEA consumers offset in part by tariff refunds, while adjusted EPS guidance missed consensus at the midpoint. An analyst …
S&P 500 and Nasdaq 100 futures turned lower on Thursday after Broadcom reported revenue below expectations and reiterated a long-range AI sales target, prompting a sharp premarket decline in the chipmaker's shares. The slip in Broadcom weighed on broader chip and tech sentiment as markets also factored in tepid progress in Iran-U.S. talks, looming …
CrowdStrike Inc. shares fell sharply in premarket trading after reported annual recurring revenue (ARR) growth fell short of investor expectations, despite the company’s heavy investment in AI-driven products. The security specialist posted 22% ARR growth to $4.44 billion and added $193.8 million of net new ARR in the first quarter, while quarterly…
CMC Markets shares jumped after the company reported full-year FY2026 results that exceeded management guidance and market expectations. Profit before tax and net operating income both rose, the board proposed a higher final dividend, and management set a materially upgraded net operating income range for FY2027. The combination of those outcomes, …
CrowdStrike Holdings Inc. shares plunged 10.5% in pre-market trading after the company reported Q1 FY2027 results that beat consensus on revenue and adjusted EPS but fell short of investor expectations baked into a prior run-up. Revenue came in at $1.39 billion, up 26% year-over-year, and adjusted EPS was $1.10. Net new ARR set a quarterly record a…
Marvell Technology shares fell 6.6% in pre-market trading to $281.80 following a rapid rally that took the stock from the mid-$160s to a 52-week high of $324.20 in under three weeks. The pullback follows record Q1 fiscal 2027 results and a public endorsement from Nvidia’s CEO, and comes amid stretched valuations, profit-taking, broader market weakn…
Advanced Micro Devices shares fell about 4.0% in pre-market trading after reaching a 52-week high of $546.44 in the prior session. The pullback followed optimistic commentary from the company's CFO on rising agentic AI demand and robust data-center CPU growth, but was driven by profit-taking, notable institutional reductions, insider sales, and a p…
Nueva Expresion Textil SA has published a multi-year plan targeting €750 million in consolidated sales and €150 million in EBITDA by 2030, alongside increased strategic client commitments in the U.S., planned investments, expected free cash flow, and a defined shareholder return policy tied to pre-tax profit.
Pirelli shares moved into positive territory after the Italian tyre maker publicly denied allegations from U.S. short-seller Grizzly Research about its exposure to Russia. The stock fell as much as 13% intraday before recovering to trade 0.6% higher after Pirelli labeled the report false and said it will pursue legal action in all jurisdictions aga…
Bank of America analysts who attended the Beer Marketer's Insights Spring Conference in Chicago reported that beer consumption trends reversed earlier improvements and worsened in the second quarter of 2026. NielsenIQ data through mid-May showed a sharper year-over-year decline compared with the first quarter, while speakers at the conference point…
Broadcom shares plunged sharply in pre-market trading after the company’s fiscal Q2 2026 results left investors expecting a bigger upward revision to its artificial intelligence revenue outlook. While revenue and earnings beat on several measures, management did not raise its long-term AI target and provided third-quarter AI chip sales guidance bel…
Zealand Pharma A/S shares rose more than 7% on Thursday ahead of scheduled obesity pipeline presentations at the American Diabetes Association’s 2026 Scientific Sessions. Jefferies kept a buy rating and DKK505 price target, while Deutsche Bank retained a hold rating and raised its target to DKK300. The company will present Phase 2 results for petre…
Amazon unveiled an upgraded AI-driven mobile robot and several other warehouse automation systems at its Dartford fulfilment centre on June 4, as the company detailed plans tied to a €10 billion investment in its European fulfilment network. The new Proteus is designed to operate across warehouse floors and accept conversational commands, with a Eu…
Fuji Media Holdings has drawn stronger-than-anticipated interest in its real estate arm, Sankei Building, with multiple bidders submitting offers exceeding 1 trillion yen. The company is reopening the initial bidding round to allow additional time to assess proposals, with a new submission deadline in mid-June. Fuji Media said it was not the source…
European semiconductor shares dropped after Broadcom kept its fiscal 2027 artificial intelligence revenue goal unchanged despite robust quarterly results and large year-over-year AI revenue gains. Broadcom beat near-term sales and earnings expectations but guided AI chip revenue and margins below some Street forecasts, a combination that weighed on…
Kepler Cheuvreux cut its rating on Smith & Nephew from "buy" to "hold" and reduced its target price to GBp 1,230 from GBp 1,462, citing limited near-term catalysts and a sizeable shortfall to the company’s 2026 organic revenue target. The brokerage trimmed revenue, EBIT and EPS forecasts for 2026 and 2027 and highlighted unresolved U.S. issues in s…
