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.
18,556 total articles
A federal judge in Manhattan ruled that JPMorgan Chase must defend against portions of a proposed class action alleging the bank paid brokerage and retirement account holders artificially low interest on idle cash swept into deposit accounts. Plaintiffs say Cash Sweep programs paid between 0.01% and 0.03% even as short-term market rates exceeded 5%…
BTIG identified AeroVironment (AVAV) and Leonardo DRS (DRS) as its leading industrial sector picks for the first half of 2026, citing expanded defense budgets and accelerating demand for unmanned systems, counter-unmanned technology, loitering munitions and electronic warfare solutions. The firm outlines recent contracts, margin profiles and supply…
L'Oreal's chief executive, Nicolas Hieronimus, said the company would welcome obtaining the Gucci beauty licence before its scheduled transfer in 2028. The licence, currently held by Coty, remains a topic of negotiation between Coty and Gucci's owner Kering. Key industry moves around the licence have followed Kering's sale of its Creed-centred beau…
Norway's benchmark Oslo OBX closed lower, down 0.89%, with losses concentrated in Media, Transport and Diversified Financials stocks. Market breadth was negative with 171 decliners versus 90 advancers. Frontline rose to a 52-week high, while Tomra, Norsk Hydro and Nordic Semiconductor posted the biggest drops. Oil, gold and currency benchmarks show…
Israel's benchmark TA 35 finished lower on Friday, falling 0.49% as declines in the Communication, Banking and Financials sectors weighed on the market. Market breadth favored losers, while a handful of stocks posted notable gains and losses. Commodities and currency markets showed modest movement alongside U.S. dollar strength.
Instacart shares climbed sharply after the online grocery platform reported its strongest quarterly gross transaction value growth in three years and raised first-quarter GTV guidance above Wall Street expectations. Management pointed to improved product selection, quality enhancements and pricing moves to capture smaller baskets while continuing t…
Greek equities closed lower Friday, with the Athens General Composite dropping 2.82% as losses in banking, telecommunications and household sectors drove a broad retreat. Ekter was among the few gainers and reached a five-year high, while Titan Cement International, Eurobank Ergasias and Elvalhalcor were the session's heaviest decliners. Market bre…
A burst of investor selling tied to accelerating AI developments has pushed sharp losses across multiple U.S. sectors. The reaction began in software names following a high-profile legal AI plug-in release and widened as more model upgrades and new AI products emerged. Markets punished companies seen as vulnerable to automation, with declines spann…
Coinbase shares climbed more than 16% shortly after 10:30 AM on Friday, recovering sharply a day after the company reported a 20% year-over-year decline in fourth-quarter revenue to $1.8 billion and a net loss of $667 million driven by unrealized markdowns on its crypto holdings and investments. The rebound follows a prior steep slide in the stock …
Barclays has resumed coverage of Medtronic with an Overweight rating and a $116 price target, pointing to robust expansion in the company’s electrophysiology business led by cardiac ablation systems for atrial fibrillation. The broker projects 60% to 70% growth in the EP segment, sees Affera and renal denervation as multi-year drivers, and expects …
Chile's state-owned copper miner Codelco said it has removed several senior managers at its El Teniente operation following an internal audit that identified inconsistencies and alleged concealment of technical details after a prior rock explosion. The changes include the replacement of the El Teniente general manager and a vice president of operat…
The U.S. Federal Trade Commission has expanded an inquiry into Microsoft Corp.'s practices in enterprise computing, cloud services and artificial intelligence products. The agency has issued civil investigative demands to multiple Microsoft competitors to obtain information on licensing, bundling and whether Microsoft impedes customer use of its so…
Friday's trading session produced sharp moves across market-cap segments as analyst upgrades, earnings prints and guidance updates pushed some names sharply higher and others notably lower. Applied Materials and Rivian posted strong gains after positive analyst actions, while Pinterest and several mid- and small-cap names slumped following downgrad…
Turkish equity trading on Friday closed with gains driven by the Transport, Information Technology and Real Estate Investments sectors. The BIST 100 registered a rise of 0.00% to reach a fresh all-time high. Several small- and mid-cap names posted double-digit percentage moves, while headline breadth showed more advancing issues than decliners. Com…
Anthropic has named Chris Liddell, a former Microsoft and General Motors executive, to its board of directors. The appointment comes as the developer of the Claude chatbot signals to partners that it may pursue an initial public offering by the end of 2026. Liddell brings experience from GM’s post-bankruptcy IPO effort and prior government service.
The U.S. Treasury's Office of Foreign Assets Control issued two broad general licenses allowing major oil companies to resume operations in Venezuela and enabling firms to negotiate contracts for new energy investments. The licenses open the door to Chevron, BP, Eni, Shell and Repsol to restart oil and gas activity in the OPEC member, while maintai…
Bernstein upgraded Zscaler to Outperform and set a $228 price target, arguing the stock is underpriced relative to other cybersecurity vendors despite earlier worries about decelerating growth, reduced net new customer contribution and competitive pressure. The firm highlighted durable customer retention, net revenue retention above 115% and positi…
Morocco's benchmark fell at Friday's close in Casablanca, with the Moroccan All Shares dropping 0.39% as declines in Utilities, Banking and Mining outweighed gains in several individual stocks. Miniere Touissit led advances, hitting an all-time high, while Douja Prom Addoha fell to a 52-week low. Commodity and currency benchmarks moved only margina…
Jefferies analysts say a recent indiscriminate sell-off in Australian software equities has created buying opportunities in companies with distinctive business moats and clear paths to revenue or margin recovery. The firm highlights TechnologyOne, WiseTech Global, SiteMinder and Life360 as buys, while assigning a hold to Xero due to heightened AI c…
Baird raised its rating on Wells Fargo to Neutral from a lower stance after a sector-wide selloff trimmed valuations and narrowed downside risk. The firm acknowledged growth opportunities following the lifting of regulatory caps but warned that market expectations are elevated and much of the upside depends on adding leverage. Baird also upgraded S…
Schonfeld Strategic Advisors has hired Arthur Goossens, formerly co-head of commodities trading at BNP Paribas, to develop volatility trading strategies across multiple asset classes including metals. Goossens was promoted to the co-head role at BNP Paribas last year and worked previously as head of precious metals trading. At BNP Paribas, John Ros…
The U.S. Commerce Department has provisionally found that Russian palladium is being dumped into the U.S. market, supporting a tariff petition from miner Sibanye-Stillwater. A preliminary weighted-average dumping margin of 132.83% was cited; a final determination, which will follow a U.S. International Trade Commission inquiry, is expected in mid-2…
Compass Therapeutics (CMPX) shares rose after Craig-Hallum initiated coverage with a Buy rating and a $15.00 price target, citing confidence in the company’s bispecific antibody strategy and a near-term commercial opportunity for lead candidate tovecimig in second-line biliary tract cancer. The firm also highlighted early-stage programs positioned …
Major brokerages issued contrasting views on Rivian on Friday. Deutsche Bank raised its rating to Buy and lifted its price target, citing signs of an improving trajectory, better vehicle costs and a clearer 2026 outlook. UBS moved to Neutral from Sell, saying the company’s path to scale and profitability remains uncertain amid cash burn and executi…
Coherus BioSciences Inc. (CHRS) saw its shares fall sharply in premarket trading after the company priced a public offering of 28.6 million shares at $1.75 apiece, a meaningful markdown from the prior close. The offering is expected to generate roughly $50.1 million in gross proceeds before underwriting fees, and includes a 30-day option for underw…
