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.
18,138 total articles
Activist hedge fund Toms Capital Investment Management has asked Voya Financial to examine strategic alternatives, including a possible sale, arguing the insurer and asset manager is trading below peers due to management indecisiveness and diminished credibility. The investor, one of Voya’s largest shareholders, highlighted relative share performan…
Taylor Morrison Home stock jumped sharply in morning trade after Berkshire Hathaway announced a definitive agreement to acquire the Scottsdale, Arizona-based homebuilder for $72.50 per share in an all-cash transaction. The price implies an enterprise value of roughly $8.5 billion and an equity value near $6.8 billion and represents a 24% premium to…
UBS told clients that the recent strength in equities offers an opportunity to rebalance, warning that outsized gains among top U.S. technology stocks have raised concentration risk. The S&P 500 hit a new record, with year-to-date gains above 10%, while the MSCI All Country World index is up 10.9% for the year. UBS kept its year-end S&P 500 target …
Dell Technologies rallied sharply after reporting fiscal Q1 FY2027 results that showed record revenue of $43.8 billion and substantial gains in both GAAP and non-GAAP earnings. AI-optimized server sales and a growing backlog of orders were central to the beat, prompting multiple analyst price-target increases and an elevated full-year outlook for A…
The International Labour Organization has revoked the planned July start of Sheng Li as Deputy Director-General, citing outstanding payments from the United States. The agency said the appointment will not proceed while arrears remain unpaid, although it left open the possibility that the U.S. could settle its debts and restore its standing. Diplom…
Prosus NV is investigating an increase in its equity holding in Delivery Hero and has been in contact with other shareholders to determine at what price they might be willing to divest. The move coincides with a takeover approach by Uber Technologies for the Berlin-based food delivery operator. Prosus currently owns a 16.83% stake in Delivery Hero,…
GoPro Inc. shares fell about 8% in pre-market trading after the company refiled consolidated financial statements from its 2025 annual report to include a going concern disclosure. The same qualification also appears in its quarterly filing for the period ended March 31, 2026. PricewaterhouseCoopers LLP added an explanatory paragraph on the company…
El Al Israel Airlines announced it will relaunch nonstop service between Tel Aviv and San Francisco starting October 25. The carrier plans three weekly, roughly 15-hour flights under flight number LY49, citing strong demand from business travelers and the regional Israeli community. The move follows a suspension of the route during the COVID-19 pan…
People Inc., chaired by Barry Diller, is reportedly preparing a cash proposal to acquire the remainder of MGM Resorts, valuing the casino operator at more than $18 billion. The planned offer of $48.30 per share would target the 73.9% stake People does not already control. The report lifted MGM stock by more than 10% in premarket trading and pushed …
Arm Holdings ADR jumped sharply in pre-market trading after Nvidia introduced two Arm-architecture chips at Computex 2026: the RTX Spark consumer superchip and Vera, a standalone data center CPU. The announcements, coupled with a Barclays price-target increase and Arm's recent record quarter, propelled the stock higher and lifted related names acro…
A U.S. delegation led by chief negotiator Brendan Lynch will meet Indian trade officials for three days in New Delhi to advance a trade deal. New Delhi plans to press for relief from tariffs tied to the U.S. Section 301 investigation and to seek tariff terms that would improve its competitiveness versus other Asian manufacturing hubs. A source said…
Friday’s SEC filings reveal a mix of large insider purchases and disposals among U.S.-listed companies. Significant buy activity included a large indirect stake increase at Annexon and multi-tranche purchases at Cardinal Infrastructure, Autodesk, Global Partners and AutoZone. On the sell side, company insiders and affiliated entities executed large…
Quantinuum, the Honeywell-affiliated quantum computing company based in Broomfield, Colorado, has increased the size of its planned U.S. initial public offering and is now seeking a valuation of as much as $14.3 billion. The company is marketing 26.5 million shares at $53 to $55 each, aiming to raise up to $1.46 billion, up from an earlier proposal…
JPMorgan told clients it remains constructive on the Magnificent Seven names after a significant derating earlier this year left valuation room for recovery. The bank acknowledged headline risk from the Middle East and tempered expectations that this rally will mirror the concentrated, mega-cap technology-led advance seen in 2025. It flagged tactic…
Grail Inc. shares tumbled about 20% Monday morning after the company disclosed full results from its registrational PATHFINDER 2 study at the American Society of Clinical Oncology annual meeting. The Galleri multi-cancer early detection test was evaluated in 35,878 U.S. and Canadian participants aged 50 and older. The study found a large increase i…
Hungarian Prime Minister Peter Magyar announced he will initiate legal proceedings to remove President Tamas Sulyok if the president does not resign. Magyar, whose centre-right Tisza party swept to power in April, has repeatedly urged Sulyok - a Fidesz appointee elected by the previous parliament - to vacate the largely ceremonial presidency. Sulyo…
Saudi Arabian equities ended lower on Monday, with the Tadawul All Share index closing down 0.62%. Agriculture & Food, Energy & Utilities and Cement stocks were among the main drags. Several individual names saw double-digit percentage moves in either direction, while key commodity and currency benchmarks registered notable shifts.
Quantinuum Inc. raised its proposed initial public offering price range to $53 to $55 per share from $45 to $50, and increased the number of shares to be sold to 26.5 million from 21 million, taking the IPO target to $1.6 billion. The company will list Class A common stock on the Nasdaq Global Market under the ticker QNT and will convert to a holdi…
U.S. equity benchmarks finished Friday at intraday record levels, capping a robust month driven by gains in technology shares. Dell Technologies delivered an outsized single-day gain after topping revenue and earnings expectations and boosting its full-year outlook. Investors will focus next week on the May employment report and quarterly results f…
SpaceX's amended prospectus filed Monday specifies that up to 5% of Class A shares will be reserved for certain employees and friends and family of its executive officers through a directed share program. The filing reiterates that those participants will not be subject to the usual lock-up restriction even as the company said over 60% of pre-IPO s…
Morgan Stanley upgraded Dell Technologies to Equal-weight from Underweight and raised its price target to $448 from $170 after concluding the company is navigating the semiconductor supply shortage more effectively than peers. The change follows Dell's first-quarter results and a research trip to Taiwan, prompting the bank to boost its fiscal 2027 …
Shares of Strategy Inc (NASDAQ:MSTR) declined 4.7% on Monday following an SEC filing that disclosed the sale of 32 bitcoin last week and additional equity sales under an at-the-market program. The filing detailed the bitcoin sale proceeds and reaffirmed the companys sizeable bitcoin position, outstanding issuance capacity, declared preferred divid…
Motorola Solutions has agreed to acquire Israeli start-up D-Fend Solutions for $1.5 billion, acquiring radio-wave based drone-takeover technology to address growing threats from rogue drones. The purchase, expected to close in the fourth quarter of 2026, complements Motorola's earlier Silvus acquisition and taps a rising market driven by new U.S. l…
MGM Resorts International stock climbed about 10% Monday after reports that Barry Diller's People Inc., formerly IAC, is preparing an $18 billion all-cash takeover proposal. The reported offer would value the remaining 73.9% of MGM not owned by People Inc. at $48.30 per share, a 10.6% premium to the prior close. People Inc. already holds a 26.1% st…
Texas Capital reduced its recommendation on Caesars Entertainment to Hold after Fertitta Entertainment agreed to acquire the company for $31 per share. The firm says the offer - which values Caesars at about 7x 2027 EV/EBITDA and roughly $17.6 billion in total - limits upside for public shareholders even though Caesars' operations and cash generati…
