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.
30,155 total articles
Mergers and acquisitions in the U.S. upstream oil and gas sector totaled $38 billion in the first quarter of 2026, the largest quarterly sum in two years, with the $25 billion Devon-Coterra merger comprising the bulk of activity. Deal flow slowed in March amid increased crude volatility after U.S.-Israeli strikes on Iran sparked a wider Middle East…
Jefferies has reduced its price target on Temple & Webster Group to A$8.95 from A$14.50 but retained a buy rating. The brokerage also lowered revenue forecasts for fiscal years 2026-2028 and pointed to a trading update that suggests pronounced consumer stress. Temple & Webster's FY2026 revenue guidance came in below market expectations.
Shares of Ouster jumped sharply in afternoon trading after the company's Rev8 OS digital lidar family was qualified for NVIDIA's DRIVE Hyperion platform, making the sensors eligible to operate on the DRIVE Hyperion stack for Level 4 autonomous vehicle development. The qualification acted as a clear catalyst on top of strong recent revenue growth an…
Analysts cut MercadoLibre to Neutral/High-Risk from Buy after first-quarter 2026 results fell short of expectations. Citi highlighted a longer, more intense investment cycle, ongoing spending initiatives and recent take-rate compression as factors clouding the company’s path to improved margins, even as revenue continues to grow strongly.
VNET shares rallied sharply in afternoon trading after the company announced that two entities affiliated with Contemporary Amperex Technology Co.-linked investors agreed to buy up to 650 million Class A ordinary shares - roughly 38.1% of outstanding stock - at $1.4486 per share ($8.6914 per ADS). The transaction, subject to conditions and schedule…
Stifel downgraded Under Armour from Buy to Hold and reduced its price target to $6 from $9, citing a longer-than-expected recovery driven by rising SG&A, slowing revenue momentum, and a weaker financial profile. The firm cut FY27 and FY28 adjusted EPS estimates and pointed to disappointing Q4 FY26 results and cautious FY27 guidance from the company…
Two leading proxy advisory firms have advised shareholders of Exxon Mobil and Chevron to reject certain board proposals and officials ahead of the companies' May 27 annual meetings. Recommendations include opposing Exxon's plan to change its state of incorporation to Texas and urging governance changes at Chevron, while the oil majors have pushed b…
Short seller Culper Research announced a short position in Nvidia, alleging the chipmaker continues to generate a material portion of its fiscal 2026 compute revenues from China through diversion and intermediaries in Southeast Asia. The firm points to financial and trade records tying a major regional buyer, Megaspeed, to Alibaba-related funding, …
BP and the United Steelworkers said on Wednesday they will reconvene contract negotiations on Monday for employees at the Whiting, Indiana, refinery. About 800 workers have been locked out since March 19 after previous bargaining failed to yield a new agreement. BP reiterated its commitment to negotiating in good faith and outlined priorities for j…
Broadcom has filed a complaint at the General Court in Luxembourg challenging requests from the European Commission for documents that include legal advice from the company's U.S. lawyers, in connection with the review of its 2023 acquisition of VMware. Broadcom says the action is narrowly focused on protecting legal professional privilege in non-E…
SAP shares fell about 4.7% on Wednesday to their weakest level in over two years, even after the company outlined an expansive artificial intelligence roadmap at its annual Sapphire conference. While Goldman Sachs and system integrators highlighted SAP's data advantage and durable role as the system of record, questions remain around near-term mone…
Stocks moved unevenly on Wednesday amid company-specific news and quarterly results, with Arm and Alibaba among the larger winners. A number of mega-cap technology and semiconductor names posted solid gains, while some software and retail-related names slipped. Movements ranged from double-digit jumps in smaller-cap names to notable declines among …
A dense lineup of U.S. economic indicators on Thursday, May 14, 2026, centers on retail sales and jobless claims, with core retail sales, price indices, inventories, and Federal Reserve balance sheet figures also due. Market participants will watch the data and Fed commentary for signals about consumer demand, labor market resiliency, price pressur…
Broadcom has taken legal action against European Union competition authorities, asking the General Court in Luxembourg to block requests for documents that include legal advice from its U.S. counsel in an antitrust inquiry linked to its 2023 acquisition of VMware. The company says the step is a procedural defense of legal professional privilege in …
GMR Solutions, the Lewisville, Texas-based emergency medical services company also known as Global Medical Response and backed by KKR, saw its shares drop 10% on their first day of trading on the New York Stock Exchange, valuing the company at $3 billion. The stock opened at $13.50 versus a $15 IPO offer price after the company sold roughly 31.9 mi…
GMR Solutions Inc., an emergency medical services company backed by KKR, saw its shares decline 10% in their first day of trading on the New York Stock Exchange, valuing the company at roughly $3 billion. The stock opened at $13.50, below the IPO price of $15, after the company priced a reduced offering that raised about $479 million versus a previ…
The resignation of U.S. Food and Drug Administration Commissioner Dr. Marty Makary briefly buoyed biotechnology shares, yet market and industry observers cautioned that the agency's unsettled leadership could create ongoing unpredictability. President Donald Trump announced Makary's exit following pressure from Republican lawmakers and anti-abortio…
Major U.S. health insurers delivered first-quarter results that exceeded expectations and suggested medical-cost pressures may be stabilizing. Analysts caution that one more quarter of similar results is needed to be confident the improvement is durable, with second-quarter claims flow and seasonal factors watched closely.
Fervo Energy, a Houston-based geothermal energy developer, priced 70 million Class A shares at $27 in an upsized initial public offering that raised $1.89 billion. Shares opened on Nasdaq at $36, a 33% gain over the IPO price. The offering was increased from an initial plan for 55.6 million shares and was priced above prior guidance ranges. Major b…
Fervo Energy's shares surged 33.3% in their Nasdaq debut, lifting the Houston-based geothermal developer to a $10.21 billion valuation. The company raised $1.89 billion by selling 70 million shares at $27 each in an upsized initial public offering. Investors cited growing power demand from artificial intelligence, expanding data centers, electric v…
French AI firm Mistral AI is developing a cybersecurity-focused model and has held private talks with European banks about deploying the tool. The effort comes as Europe’s lenders face pressure to find and remediate vulnerabilities while they lack access to Anthropic PBC’s Mythos, a limited-access model described as capable of uncovering cybersecur…
Intuit shares dropped in mid-day trading after investors reduced exposure ahead of the company’s May 20, 2026 earnings report and following a cut to an analyst price target. Options activity implies a sizable potential move around the earnings release, and sector-wide concerns about AI’s impact on traditional SaaS models have intensified selling pr…
KeyBanc Capital Markets upgraded Zebra Technologies to Overweight from Sector Weight following stronger-than-expected first-quarter 2026 results, setting a $305 target that implies roughly 26% upside from recent trading levels near $242. The bank highlighted improving short-cycle industrial demand across manufacturing, semiconductors and automotive…
Anthropic unveiled Claude for Small Business, a suite of integrations and prebuilt workflows that embeds its AI assistant into widely used business tools. The offering connects Claude to platforms such as Intuit QuickBooks, PayPal, HubSpot, Canva, Docusign, Google Workspace and Microsoft 365, and ships with 15 ready-to-run workflows spanning financ…
BorgWarner's stock climbed sharply in mid-day trading following first-quarter 2026 results that outpaced estimates and a quarter in which the company returned roughly $185 million to shareholders. Analysts raised price targets and the prospect of reduced U.S.-China tariffs on non-sensitive goods added upside for a company that draws about one-third…
