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.
18,170 total articles
Short-dated British government bond yields rose sharply on Monday after reports that Iranian negotiators halted message exchanges with the United States through intermediaries following Israeli military action in Lebanon. Two-year gilt yields jumped to 4.329%, marking their highest reading since May 22 and registering the largest single-day increas…
Elliott Investment Management has built a roughly $1 billion holding in Northern Star Resources, about 4% of the company, according to people familiar with the matter. The stake comes amid investor unease after production cuts that the article says erased $17 billion in shareholder value, and follows a CEO resignation announcement in May. Elliott i…
ServiceNow stock climbed sharply in morning trading after a high-profile endorsement of the software sector's AI prospects at Computex and fresh company guidance. Strong subscription revenue forecasts, an increased full-year outlook, and analyst support helped drive the gain amid a broader software-sector bounce while major U.S. indices remained la…
Edgewise Therapeutics stock jumped sharply in pre-market trading after the company agreed to sell its muscular dystrophy program, including sevasemten, to French drugmaker Servier for up to $2.65 billion. The transaction delivers $1.55 billion in upfront cash plus as much as $1.1 billion in milestone payments and was approved unanimously by both co…
The U.S. Supreme Court has invited the Trump administration to provide its view on whether the court should accept Robinhood Markets' appeal seeking to block a revived class-action lawsuit. Plaintiffs allege Robinhood misled investors about how a decline in meme-stock and cryptocurrency-driven trading would affect its financial metrics after the co…
IBM shares jumped sharply after a December 2025 White House roundtable video showing President Trump praising CEO Arvind Krishna circulated widely, while Barclays' Overweight initiation and Wedbush's reaffirmation added institutional bullishness. Sector optimism following remarks from Nvidia's CEO further amplified gains, leaving IBM as a notable o…
NVIDIA shares climbed sharply in morning trading after CEO Jensen Huang used Computex and GTC Taipei 2026 to introduce the RTX Spark superchip for PCs, announce a standalone Vera CPU for data-center AI, and confirm full production of the Vera Rubin AI platform. The announcements included partner and customer details that reinforced investor confide…
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…
