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
Morgan Stanley's equity strategists raised their 12-month S&P 500 target to 8,300 on the back of robust corporate earnings, forecasting substantial EPS growth through 2028 and emphasizing that the rally is earnings-driven rather than the result of multiple expansion. The bank also raised its year-end 2026 target to 8,000 and adjusted sector prefere…
Shanghai equity benchmarks climbed to their highest level in 11 years on Wednesday, driven by demand for technology stocks ahead of a high-profile meeting between U.S. and Chinese leaders. The presence of Nvidia’s Jensen Huang among CEOs traveling with President Donald Trump to Beijing supported Chinese AI-related names, while investors downplayed …
Aggregated credit and debit card data from Bank of America indicate that cruise-related spending in April rose 15.8% year-over-year, a recovery from March’s 6.7% growth rate. On a month-to-month basis, April fell 8.1% versus March, a sequential drop that sits above the 2023-2025 average sequential decline of 12.7%. The uptick follows a period of so…
Bank of America has revised upward its projection for the artificial intelligence data center systems market, now forecasting roughly $1.7 trillion by 2030 versus an earlier $1.4 trillion estimate. The firm raised forecasts across AI accelerators, networking and CPUs, and adjusted price targets for several semiconductor names based on a sum-of-part…
Porsche SE, the holding company controlled by the Porsche-Piech families and Volkswagen's largest investor, reported a 21% drop in adjusted profit after tax to 382 million euros for the first quarter and recorded a 923 million euro unadjusted after-tax loss driven by a 1.3 billion euro non-cash writedown on its Volkswagen stake. Family shareholders…
As first-quarter earnings wrap up, capital is shifting into companies combining immediate earnings momentum with larger structural growth drivers, particularly around enterprise AI and AI infrastructure. Model-driven calls identified several high-conviction names that posted double-digit gains in May as the market began to reprice their long-term u…
The IDX Composite Index closed down 2.05% on Wednesday, marking a fresh 52-week low as selling pressure concentrated in Infrastructure, Financials and Agriculture sectors. Market breadth favored decliners, and notable moves included double-digit percentage rises in several small-cap names alongside steep drops in select large-cap stocks. Commodity …
Adecco Group reported its first-quarter 2026 results showing continued organic revenue growth and market share gains, but a gross margin slightly below expectations and uneven performance across business units weighed on profitability and investor sentiment. The shares plunged intraday, touching a 52-week low as concerns about the firm's ability to…
Merck KGaA shares jumped after the Darmstadt-based science and technology group posted a smaller-than-expected first-quarter earnings decline and raised full-year adjusted EBITDA guidance for fiscal 2026. The improvement was driven by robust demand for semiconductor-related products in the electronics unit and stronger performance in the Life Scien…
U.S. President Donald Trump will prioritize artificial intelligence in discussions with Chinese leader Xi Jinping, marking a first for their summit agenda. Officials familiar with planning say the technology’s prominence reflects its strategic significance, but they do not expect binding agreements. Recent developments, including Anthropic’s Mythos…
Anduril Industries, a California-based defense technology start-up, said it has closed a $5 billion funding round that lifts its valuation to $61 billion. The capital raise was led by venture investors Thrive Capital and Andreessen Horowitz. The company said that over the past year it more than doubled revenue to $2.2 billion in 2025 and nearly dou…
European equities recovered from a sharp drop, with the STOXX 600 up 0.7% as oil prices fell following stalled U.S.-Iran negotiations. Regional indexes including Spain's IBEX 35 and Germany's DAX rose, and corporate earnings news from Merck and Allianz supported gains. Market participants cited ongoing Middle East risks as a factor keeping oil pric…
European equities opened higher on Wednesday as investors weighed a looming summit between U.S. President Donald Trump and Chinese leader Xi Jinping against a continued impasse between Washington and Tehran. Major regional benchmarks registered modest gains, while the disruption to oil flows through the Strait of Hormuz and firm U.S. inflation data…
British equities rose Wednesday as investors reacted to U.S. President Donald Trump’s diplomatic trip to Beijing and the prospect of trade and Iran talks. Gains in the FTSE 100 were accompanied by modest moves in European peers and a small decline in sterling, while lingering instability in the Middle East and stronger-than-expected U.S. inflation …
Japan's equity market closed higher on Wednesday, with the Nikkei 225 finishing up 0.94% as gains in Real Estate, Banking and Textile sectors supported broader advances. Several individual large-cap movers posted double-digit percentage moves, including Olympus and Furukawa Electric, while other names fell sharply. Oil prices eased and gold futures…
Dermapharm Holding SE reported first-quarter results that surpassed analyst expectations, with revenue of €306 million and adjusted EBITDA of €87.4 million. Growth in the Branded Pharmaceuticals division, supported by organic gains and recent acquisitions, helped lift margins and earnings while cash generation improved markedly. The company confirm…
NKT A/S reported first-quarter revenue at standard metal prices of €610 million, below the analyst consensus of €626 million, as project activity tapered and subcontracted work diminished. Despite the revenue shortfall and a 4% organic sales decline, the company delivered stronger-than-expected operational EBITDA of €97 million and preserved its fu…
DEME Group recorded first-quarter revenue of €1,015.6 million, a 2% increase year-on-year, while order intake rose sharply to €793.4 million. The boost in new business was led by the Dredging & Infra segment and included a more-than-€300 million, 25-year concession for Paranaguá port access in Brazil. Management reiterated full-year guidance for tu…
Vistry Group has lowered its fiscal 2026 adjusted pre-tax profit guidance to a mid-point range of £200-225 million from a previous target above £269 million, citing heavier discounting on open-market stock, elevated incentives on lower-margin and near-completion sites, and higher build cost inflation. The company now expects year-end net cash to ex…
Australian equities closed lower on Wednesday with the S&P/ASX 200 down 0.46% to a one-month low as losses in the Financials, Utilities and Industrials sectors outweighed gains. Aristocrat Leisure (ASX:ALL) topped the session’s winners, while Paladin Energy (ASX:PDN) recorded the steepest fall. Market breadth was marginally negative and volatility …
Morgan Stanley has singled out two state-owned Indian oil and gas companies as leading opportunities in the sector, placing Oil India Limited first and Oil & Natural Gas Corp. second. The bank applied sum-of-the-parts valuation approaches, using discounted cash flow models and holding-company discount adjustments, and highlighted specific asset-lev…
SCHOTT Pharma confirmed its fiscal 2026 guidance after reporting second-quarter sales slightly above consensus. Revenue was flat on a constant currency basis and declined modestly on a reported basis. The company highlighted ongoing weak demand for polymer syringes tied to a major glass syringe customer, while expecting Drug Containment Solutions t…
FLSmidth & Co A/S reported first-quarter results that combined stronger-than-expected order intake with weaker-than-forecast adjusted EBITA and softer operating cash flow. The company kept its fiscal 2026 guidance intact, outlining a narrow range for organic revenue growth and a mid-teens adjusted EBITA margin target.
Abu Dhabi Ports Co PJSC (ADX:ADPORTS) reported first-quarter results that outperformed analyst expectations, with EBITDA of AED 1,516 million, net profit attributable to shareholders of AED 497 million, and revenue of AED 5,750 million. The company cited higher throughput at accessible ports, new overland logistics corridors, and expanded feedering…
Eiffage SA reported a sluggish opening to 2026 in the first quarter, with weather disruptions denting its Energy Systems activity in France and project phasing outside Europe weighing on Infrastructure. Overall sales were 1.3% below consensus. Construction delivered a 5% like-for-like gain supported by a ramp-up of major contracts, and the group or…
