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.
8,955 total articles
Morgan Stanley downgraded Neste Corporation to equal-weight from overweight and cut its price target to €27 from €28.50 after the company's shares have rallied roughly 40% year-to-date, leaving limited upside in the broker's view. The firm highlighted that earnings upgrades have been realised and warned that renewable diesel and sustainable aviatio…
Shares of major energy companies rose sharply as crude prices jumped following a televised address in which President Donald Trump said the U.S. would intensify strikes on Iran. Benchmark crude futures climbed roughly 8% in response, while some market participants paused trading of cargoes tied to Middle East benchmarks amid growing concerns about …
Wix.com Ltd. posted a 2% intraday gain Thursday even as broader markets weakened, after a preliminary tally from Equiniti Trust Company indicated that 18,718,009 shares were properly tendered and not withdrawn in the company’s modified Dutch Auction tender offer at a purchase price of $92.00 per share. The preliminary figures imply Wix intends to r…
Morgan Stanley says European defence equities are trading roughly 20% below recent peaks and that price-to-earnings multiples have slid from about 23x to near 20x, even as geopolitical developments strengthen the case for increased spending. The firm attributes recent weakness to positioning-driven selling and broader market dynamics while noting p…
Wolfe Research warned that a proposed White House plan to replace a 50% tariff on non-U.S. steel and aluminum content with a 25% tariff on the full value of imports could raise headline tariff exposure for many U.S. companies with Mexican manufacturing. The firm highlighted that typical steel and aluminum content is often 30-35% or less of a produc…
Bank of America analysts report that internet equities fell an average of 23% in the first quarter, markedly underperforming the S&P 500's 5% decline. The firm cites five central investor worries - capex and falling return on invested capital, new IPOs and fund-flow dynamics, potential disruption from artificial intelligence, macro uncertainty tied…
UBS has published a Global High-Quality Dividend Stock List containing six names from multiple sectors and regions that its quantitative models and sector analysts judge to carry a relatively low likelihood of dividend reductions. The list feeds a tradable index and highlights regional and sector differences in modeled dividend cut risk and forecas…
London’s principal stock indexes ended a three-day winning streak on Thursday after US President Donald Trump signaled a tougher stance toward Iran, undercutting earlier hopes for a rapid ceasefire. The FTSE 100 slipped while midcaps fell more sharply, even as the energy sector jumped on concerns over possible sustained supply disruptions. Market p…
UBS Global Oil and Gas says the conflict involving Iran keeps the risk to oil and gas prices skewed to the upside. With limited clarity on restored flows through the Strait of Hormuz, the firm estimates sizable supply shortfalls and warns that sustained disruptions could push inventories below historical ranges and lift prices above $150 per barrel…
Goldman Sachs completed its acquisition of Innovator Capital Management on April 2, bringing 171 ETFs and roughly $31 billion in assets into the firm's ETF lineup and boosting Goldman Sachs Asset Management's ETF assets under supervision to $90 billion. Key Innovator executives and more than 70 employees will join Goldman following the roughly $2 b…
RBC Capital Markets upgraded Berkeley Group Holdings to "outperform" from "sector perform" while lowering its price target and downgrading medium-term volume and profit forecasts after the housebuilder issued a strategic update that sent shares down roughly 10%. The bank applied a 1x price-to-tangible net asset value multiple to average FY2026-FY20…
Goldman Sachs notified its Paris employees they could work remotely on Thursday after authorities foiled a bomb attack on Bank of America’s Paris offices. Citigroup also moved staff in Paris and Frankfurt to remote work as a precaution. French anti-terror prosecutors have placed four suspects in pre-trial detention in connection with the plot, and …
Immunovant's shares dropped sharply in premarket trading after the company announced that both Phase 3 GO trials of batoclimab for active, moderate-to-severe thyroid eye disease failed to achieve the pre-specified primary endpoint. While no new safety concerns emerged, the company noted stronger proptosis improvement during the high-dose period and…
Indian equity benchmarks closed higher on Thursday, with the Nifty 50 rising 0.15% and the BSE Sensex 30 up 0.25%. Technology, real estate and IT shares led the advance, while select consumer and auto-related names weighed on index performance. Market breadth favored advancers and volatility, commodity and currency moves presented mixed signals.
Jefferies has upgraded Galp Energia to Hold from Underperform and increased its price target to €20 from €14.30 after markedly revising earnings and cash-flow expectations. The broker points to the Bacalhau offshore development in Brazil, which is progressing toward a net peak of about 40,000 barrels per day by 2027 and should underpin roughly 30% …
J.P. Morgan has placed International Paper on Negative Catalyst Watch ahead of the company's April 30 quarterly report, citing steeper cost pressures than peers and a widening shortfall versus EBITDA consensus into Q2 2026. The broker trimmed earnings estimates and its long-term price target while keeping a neutral rating.
Tesla's China-built electric vehicle deliveries reached 85,670 units in March, an 8.7% increase from a year earlier and marking the automaker's fifth consecutive month of growth in the market. Shipments of Model 3 and Model Y from the Shanghai factory jumped 46.2% from February, with the data covering both domestic sales and exports to Europe and o…
British equities fell modestly on Thursday as global markets reacted to a warning from U.S. President Donald Trump that the United States would hit Iran "extremely hard" in the coming weeks. The caution weighed on risk appetite ahead of the Easter break, while domestic data and company-specific developments highlighted rising price expectations and…
Worries in the private credit market have begun to affect major Wall Street firms, with some banks reducing lending and several large private credit funds imposing limits on withdrawals. Concerns center on valuation transparency, concentrated exposure to software assets, and recent borrower bankruptcies that have drawn scrutiny to the sector's risk…
After its unsuccessful attempt to acquire Warner Bros Discovery, Netflix is pressing ahead with efforts to create enduring franchises through original programming and studio partnerships. Company leaders emphasize sustained investment in new ideas and collaborations with established studios, while relying on successful properties like Stranger Thin…
The U.S. Preventive Services Task Force has been largely inactive for more than a year after U.S. Health Secretary Robert F. Kennedy Jr. sidelined the 16-member advisory group. Three consecutive meetings were canceled and five member seats remain vacant after terms expired in December, delaying draft and final recommendations on cancer screening, H…
Following the U.S. Supreme Court's February ruling that struck down last year's tariffs, some affected importers are exploring term loans secured by their refund claims rather than selling those claims at steep discounts. Lenders including banks, hedge funds, and private credit firms are said to be ready to underwrite loans collateralized by the cl…
Citi Research assesses that Dutch and Belgian banks can absorb fully shifted downside credit-loss assumptions with only modest impacts on 2025 earnings. ABN AMRO is Citi's top pick in the region, supported by a defensive mortgage mix and conservative consensus estimates, while ING and KBC show varying degrees of sensitivity to potential credit loss…
Citi analyst Charles Armitage sets out four scenarios for how European defense spending could evolve after President Trump said he is "strongly considering pulling the U.S. out of NATO." The scenarios range from continued NATO cohesion and rising European defense budgets to U.S. withdrawal prompting accelerated European spending, to less favorable …
A Bank of England survey of UK chief financial officers found firms raised their expectations for year-ahead prices in response to higher energy costs, while measures of uncertainty climbed sharply. The Decision Maker Panel reported mixed signals on realised price growth and employment, with three-month averages showing modest shifts and single-mon…
