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
Morgan Stanley has moved its Australian consumer industry stance to Cautious, warning that a sharper-than-expected housing downturn could erode discretionary spending through fiscal 2027. The bank lowered same-store sales and margin assumptions for hardware and big-ticket categories in FY27 and cut earnings and price targets for several discretiona…
Morgan Stanley significantly raised its price targets for Micron Technology and SanDisk Corporation, citing persistent supply constraints in memory markets and strong willingness from hyperscalers to pay higher prices. The firm increased Micron's target to $1,050 from $520 and SanDisk's to $1,750 from $1,100, while upgrading EPS forecasts driven by…
Rheinmetall has agreed to sell its civilian automotive division to Munich-based industrial group Aequita for roughly €350 million. The transaction, covering all shares in the business unit, includes customary price adjustment mechanisms and is expected to close in the fourth quarter of 2026. Rheinmetall said worsening conditions in the automotive s…
CytomX Therapeutics saw a premarket share increase after receiving $37 million from Regeneron under an expanded collaboration to develop conditionally-activated bispecific cancer therapies. The agreement adds two programs and gives Regeneron rights to nominate further targets, with total contingent payments and milestones that could approach $4 bil…
Oshkosh Corporation's defense arm received $142 million in orders for its Family of Medium Tactical Vehicles A2 platform, spanning multiple configurations and customers in the United States and abroad. The awards underscore ongoing demand for adaptable tactical mobility solutions and were followed by a 2% premarket uptick in the company's shares.
An expanding suite of targeted cancer treatments, along with immunotherapies, hormone pills and chemotherapy, is contributing to a rising number of Americans living with cancer. Improved understanding of cancer biology, patient selection by genetic markers and clinical trial advances have raised five-year survival rates and produced new life-extend…
Shares of several large U.S. alternative asset managers fell in premarket trading as market participants awaited second-quarter updates on redemption activity at non-traded private credit funds. Concerns over liquidity and elevated withdrawal requests, following a sharp rise in the first quarter, have prompted managers to cap redemptions and drawn …
Futures tied to Canada's primary stock benchmark recorded modest losses early Wednesday as renewed exchanges between the U.S. and Iran kept investors cautious. The Toronto Stock Exchange had closed at a record the previous day, supported by gains in financial and energy names, while U.S. futures traded mixed amid strong momentum in semiconductor st…
Anthropic introduced a Services Track and a Partner Hub for its Claude Partner Network, establishing three certification tiers for consulting firms and offering a dashboard that tracks partner progress. The move formalizes requirements for certified practitioners, production deployments, and public customer references, and updates partner review ca…
Navitas Semiconductor shares climbed about 25% after the company joined NVIDIA’s MGX Ecosystem initiative to accelerate 800 VDC infrastructure for AI data centers. Navitas is showing an 800 V-to-6 V GaNFast DC-DC power delivery board at COMPUTEX 2026 that the company says removes the need for a 48 V intermediate bus converter inside server trays, a…
Datadog Inc. shares declined in premarket trading after a Form 4 filing showed director Matthew Jacobson sold 38,594 Class A shares across multiple transactions between May 29 and June 1. The sales, recorded at weighted average prices ranging from $243.02 to $277.82, left Jacobson with 584,132 Class A shares. The filing notes the shares were held t…
A selection of notable insider transactions disclosed on Tuesday shows concentrated buying by executives at Radian Group and MasterBrand, while large dispositions were reported at Qorvo and Best Buy. Other director purchases and executive sales across small‑ and mid‑cap names round out the activity.
Evercore is actively following Brazil's alcoholic and non-alcoholic beverage production together with June precipitation and temperature forecasts, citing the country's importance to several companies in its coverage. Corporate reports from major brewers and beverage companies show a mix of improvement, weather-related softness, premiumization and …
Morgan Stanley moved to a more bullish view on Yum Brands by upgrading the stock to Overweight from Equal-weight and raised its price target to $185 from $180. At the same time, the bank downgraded Chipotle Mexican Grill to Equal-weight, cut its price target to $37 from $49 and reduced the earnings multiple applied to future estimates as it forecas…
Bank of America’s weekly client flow report shows institutional investors were the primary buyers of U.S. equities last week, while corporate share repurchases rose on a year-over-year basis for the first time since early 2025. Single-stock purchases and equity ETF inflows expanded, with sector-level activity concentrated in Industrials, Real Estat…
U.S. stock futures traded near the flatline as investors balanced continued enthusiasm for artificial intelligence against renewed strikes in the Gulf that dimmed prospects for a swift U.S.-Iran settlement. Premarket moves were led by broad asset-manager weakness after liquidity limits at a Swiss private-equity vehicle, a $2 billion share repurchas…
Victoria's Secret saw both Jefferies and UBS trim their ratings following a near-50% share-price rally after the company released stronger-than-expected first-quarter results and raised full-year guidance. Analysts said the stock's recent re-rating appears to have already priced in much of the retailer's turnaround, leaving limited upside at their …
Shake Shack faced analyst downgrades after management trimmed its second-quarter and full-year outlook, citing weaker sales momentum, elevated commodity and energy costs, and softer tourism. Morgan Stanley and Raymond James lowered their ratings and reduced 2026 EBITDA estimates while still expressing a constructive long-term view of the chain's ex…
IREN Limited announced a transmission connection agreement for an 800MW data center campus at Bundey in South Australia, a move that lifted the company's shares more than 5% in premarket trading. The project is IREN's first disclosed Australian data center, includes four 330kV feeder exits that the company says can support up to 800MW without netwo…
The Tadawul All Share index closed down 0.12% on Wednesday, pressured by declines in the Hotels & Tourism, Media & Publishing and Cement sectors. Market breadth was negative, with more decliners than advancers. Several individual stocks posted notable moves in both directions. Oil benchmarks rose, while gold futures eased and the U.S. Dollar Index …
GlobalFoundries shares climbed 2.5% in premarket trading after the company unveiled a strategic collaboration with the U.S. Department of Energy’s Genesis Mission to accelerate AI chip design and prototype fabrication. The partnership grants Genesis-supported researchers access to GlobalFoundries’ U.S. manufacturing platform, process design kits, d…
Airlines are slowly reinstating some services to the Middle East as regional operators rebuild schedules following war-related disturbances. Despite capacity additions by carriers based in the region, numerous international airlines continue to avoid the airspace and reroute or suspend Europe-Asia and other long-haul services.
Sitecore A/S has acquired Scrunch, a customer-experience platform designed to help brands manage how they appear in AI-generated search responses, for about $225 million. The purchase aims to address challenges that arise as consumers increasingly rely on large language models for product discovery and decision-making. Sitecore’s CEO framed the cha…
Morgan Stanley analysts say a rapid, AI-driven surge in memory chip prices has the potential to spread 'chipflation' beyond data centers into consumer devices, cloud costs and broader macroeconomic measures. With memory prices up roughly six-fold over the past year and major cloud players locking capacity, the brokerage warns the effect may be long…
On June 3, Lockheed Martin reported a successful test in which a missile fired from a standard shipping container intercepted a one-way attack drone. The demonstration used a 10-foot GRIZZLY containerized launcher built from commercial off-the-shelf materials, integrated sensors and radar from partner firms, and showcased a mobile, lower-cost appro…
