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
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…
A draft European Commission proposal under the Cloud and AI Development Act would impose strict eligibility conditions for cloud services used in highly critical government tenders. The measures, which EU tech chief Henna Virkkunen is set to present on Wednesday as part of a broader tech sovereignty package, include mandatory non-price award criter…
U.S. equity futures moved higher Monday morning as optimism around artificial intelligence was reinforced by Nvidia's launch of a new high-end processor for Windows PCs. The advance in futures followed gains at the end of last week, even as fresh strikes in the Middle East dimmed prospects for a near-term ceasefire agreement between the U.S. and Ir…
SoftBank CEO Masayoshi Son told reporters in Paris that the artificial intelligence revolution will outstrip the dotcom boom by an order of magnitude, describing any market correction on the way as an opportunity to buy. The remarks accompanied SoftBank’s announcement of a €75 billion ($87 billion) investment to develop AI data center capacity in F…
IBM shares rose as much as 15% in premarket trading on Monday after a video of President Donald Trump complimenting IBM CEO Arvind Krishna circulated on social media over the weekend. The clip, originally from a December event, was reshared widely and one post surpassed 700,000 views by 7:30 a.m. in New York. The move in IBM follows a 33% rally in …
New vehicle registration figures released Monday by national automotive organizations show sizable increases in Tesla registrations across several European countries in May. While electrified vehicle uptake in Europe continues to rise, underlying competitive pressures and other headwinds remain in play for Tesla's regional position.
FedEx Corp. completed the spin-off of its freight business by distributing the majority of FedEx Freight Holding Company’s shares to its shareholders and launching the new company’s stock on the New York Stock Exchange. The parent company retained a minority stake with plans to divest it within two years, while FedEx’s common shares reacted positiv…
Goldman Sachs has increased its three-, six- and 12-month price targets for the Stoxx Europe 600 and also raised targets for the Euro Stoxx 50 and FTSE 100, citing resilient European earnings and specific sector tailwinds. The bank nevertheless retains an Underweight view on the region relative to global peers, and points to nascent but promising M…
JetBlue raised its second-quarter jet fuel cost estimate to $4.26-$4.36 per gallon, up from a prior range of $4.13-$4.28, amid industry-wide pressure from disruptions tied to the closure of the Strait of Hormuz. The carrier said it expects to recapture 40% or more of the higher fuel expense in the quarter due to steady operations, and it pushed its…
Houston-based ERock has filed to raise up to $641.9 million in a U.S. initial public offering, proposing to sell 27.9 million shares at $20 to $23 each and target a valuation of as much as $5 billion. The natural gas generator maker, which serves data centers, utilities and commercial and industrial customers across nine states, reported roughly $1…
Advanced Micro Devices shares tumbled in pre-market trading after the U.S. Commerce Department’s Bureau of Industry and Security issued guidance that closes a previously exploited channel for shipping MI350x AI accelerators to Chinese-controlled subsidiaries outside mainland China. The move increases compliance burdens and clouds near-term demand f…
Qualcomm stock dropped sharply in pre-market trading after Nvidia CEO Jensen Huang introduced the RTX Spark superchip at Computex 2026 in Taipei. The new Arm-based processor, co-developed with Microsoft and planned for fall 2026 in systems from major OEMs, is positioned as a high-efficiency Windows on Arm platform and creates a direct competitive c…
Intel shares plunged in pre-market trading as Nvidia revealed a new PC processor collaboration with Microsoft, prompting investors to reassess Intel’s premium valuation amid intensifying competition. The selloff came despite Intel’s own product reveal and follows recent analyst caution and signs of erosion in the company’s server CPU share and bala…
Apotex Health Corp. has launched an initial public offering and started its investor roadshow after filing an amended preliminary prospectus with Canadian securities regulators. The company proposes to sell between 41.7 million and 50 million common shares priced at $20.00 to $24.00 each, targeting gross proceeds of roughly $1 billion. The transact…
Software and related tech equities jumped broadly on Monday following comments from Nvidia CEO Jensen Huang at the Computex trade show in Taipei. Huang rejected the view that advanced AI agents will render software companies obsolete, saying the emergence of many agents will increase use of software tools. The market reaction lifted a wide range of…
Morgan Stanley's equity team is growing more constructive on economically sensitive sectors, citing improving earnings revisions across Consumer Discretionary, Transportation and Financials. The bank points to lighter positioning, easing yields and pockets of strengthening fundamentals - notably in trucking and regional banking - as evidence the cy…
Private credit funds extended nearly $560 billion in new loans to U.S. companies over the past three years, supporting millions of jobs and generating substantial economic activity, according to a Managed Funds Association report. The industry’s growth has coincided with reduced risk-taking by traditional lenders and larger institutional allocation…
Hiab shares rose about 10% on Monday after the company agreed to acquire Labrie Environmental Group in an all-cash transaction valued at $1.035 billion on a cash and debt-free basis. The purchase, to be funded with committed financing from Danske Bank and OP Corporate Bank, is expected to close in the third quarter of 2026 subject to regulatory app…
ERock Inc. has initiated the roadshow for an initial public offering of 27,906,977 Class A shares, proposing a price range of $20.00 to $23.00 per share. The offering includes a 30-day underwriter option for up to 4,186,046 additional shares. The company aims to list its Class A common stock on the New York Stock Exchange under the ticker EROC, and…
