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
aTyr Pharma's stock fell about 15% in premarket trading after the company outlined plans for a new global Phase 3 trial of efzofitimod in pulmonary sarcoidosis. The company said it will file an investigational new drug application in June 2026 following FDA feedback, and that the randomized, double-blind, placebo-controlled study will enroll roughl…
Affirm Holdings announced an expanded collaboration with Google to embed its buy now, pay later (BNPL) option across Google Search, AI Mode, and the Gemini app through Google Pay. The integration will let shoppers select Affirm at checkout, trigger a real-time eligibility decision, and present payment-plan terms up front. Affirm began hosting an ea…
Insider disclosures filed for the period through Monday, May 11, 2026, show notable accumulation by directors and affiliated funds at GeneDx Holdings Corp. and Pulse Biosciences, while large blocks from private-equity-associated entities and affiliate holders were sold in Life Time Group, DigitalOcean and other companies. Transactions were executed…
Rigel Pharmaceuticals saw a premarket increase in its share price after announcing a global licensing agreement for Veppanu, a recently approved therapy for a genetic subset of advanced breast cancer. The deal includes an upfront payment, contingent transition payments, and potential milestone and royalty obligations to the drug’s originators.
Bernstein identifies Five Below and Target as the U.S. retailers most likely to exceed Wall Street consensus in the first quarter, while flagging fuel inflation, general price pressures and cuts to food-stamp transfers as headwinds for lower-income focused discounters. The firm says Costco could also beat but faces fuel-related pressure, and notes …
Bank of America analysts say a potential Intel-Apple manufacturing partnership could trigger substantial capital spending in Europe’s semiconductor equipment industry. BofA highlights ASML, ASM International and BE Semiconductor Industries as the principal firms likely to capture the bulk of demand for lithography, deposition and advanced packaging…
Saudi Arabia's equity market closed lower on Tuesday, with the Tadawul All Share index finishing down 1.07%. Losses centered in the Energy & Utilities, Media & Publishing and Transport sectors. A small group of mid-cap and small-cap stocks outperformed, while several names hit 52-week extremes. Oil prices moved higher and the dollar strengthened ag…
Waymo is recalling 3,791 robotaxis equipped with its fifth- and sixth-generation automated-driving system after a software flaw was found that can cause vehicles to drive into flooded roadways. The company has added operational restrictions to affected systems while engineers work on a permanent remedy, and the action follows an April 20 incident i…
Benchmark began coverage of Dexcom with a Buy rating and a $77 price target, arguing that the company is set to expand margins materially over the next two years. The call centers on the broader rollout of Dexcom's G7 15 Day continuous glucose monitor, manufacturing scale benefits from discontinuing the G6, and expected international and reimbursem…
Arvinas Inc and Pfizer have struck a licensing agreement with Rigel Pharmaceuticals granting Rigel exclusive rights to develop, manufacture and commercialize VEPPANU globally while Arvinas and Pfizer retain responsibility for ongoing development work. Arvinas shares climbed 4.3% in premarket trading and Pfizer shares rose 0.3% after the deal was an…
Memory-chip names have surged across the board over the past month, led by Micron’s dramatic 90% gain. Market attention on the composition of a U.S. presidential trade delegation to China, coupled with escalating labor concerns at Samsung’s DRAM and NAND fabs, appear to have been the proximate catalysts behind the recent buying interest.
Adeia Inc. saw its stock rise 6.8% in premarket trading Tuesday after announcing a new multi-year intellectual property license agreement with Google that renews and expands Google’s access to Adeia’s media IP portfolio. The partnership continues a customer relationship that began in 2012 and covers technology used across streaming, connected TV, a…
Citi raised its price target on Broadcom to $500 and reiterated a Buy rating, projecting stronger-than-consensus results for the chipmaker's upcoming fiscal second-quarter. The bank's forecast hinges on accelerating AI-driven sales, a growing contribution from major cloud and AI customers, and valuation support from rolling forward estimates into f…
J.P. Morgan upgraded GEA Group AG to a "neutral" rating from "underweight" and raised its price target to €60 from €58.20, pointing to improved order momentum and a more constructive capex outlook among food and beverage companies for 2026. The brokerage also nudged up its earnings forecasts while warning that the company’s record EBITDA margin in …
Sea Ltd shares climbed 12% after the company reported fourth-quarter revenue of $7.1 billion, ahead of the analyst consensus of $6.45 billion and up 46.6% year-over-year. Adjusted EPS of $0.67 came in below the $0.76 forecast. Stronger-than-expected results from gaming unit Garena and investor reactions to revenue strength drove the market move.
Bank of America has reinstated coverage of Autodesk with a Buy rating and set a $300 price target, citing the company’s proprietary 3D data, long-term AI investment, and the specialized nature of design-focused AI as defensive advantages. The bank projects revenue growth in the low double digits and rising free cash flow, while noting near-term exe…
eToro reported an adjusted profit above analyst expectations for the first quarter, driven by a pronounced increase in commodities trading activity. The retail trading platform recorded a sharp rise in net trading contribution across equities, commodities and currencies, and introduced around-the-clock trading for several asset classes during the q…
Hims & Hers Health Inc. stock dropped sharply after the company reported first-quarter results that missed Wall Street expectations on both revenue and adjusted EBITDA. Revenue rose modestly year-over-year but fell short of consensus and BTIG estimates, while adjusted EBITDA declined dramatically versus the prior year, prompting analyst concerns ab…
Under Armour Inc. shares tumbled 13.75% in pre-market trading after the company released unaudited results for fiscal 2026 and issued fiscal 2027 guidance that fell well short of analyst expectations. Management guided adjusted EPS of $0.08 to $0.12 for fiscal 2027 and forecast slightly lower revenue, while extending a restructuring program that ra…
Goldman Sachs estimates that global spending on non-hardware aspects of artificial intelligence - including data infrastructure, software and organizational redesign - could exceed $1 trillion in the coming years. The bank highlights current U.S. labor costs tied to the AI transition at $150 billion per year, plus $40 billion annually in executive …
Shares of several publicly traded quantum computing companies climbed after Quantum Computing reported first-quarter 2026 results that showed sharply higher revenue driven by recent acquisitions, a wider operating loss and an expanded contract backlog. The results prompted gains in peer stocks including Rigetti, IonQ and D-Wave Quantum.
U.S. equity futures were softer in early Tuesday trading as investors reacted to intensifying tensions in the Middle East and awaited key inflation figures. Premarket movers included sharp declines for GameStop and Hims & Hers Health after deal and earnings disappointments, while Aramark climbed following stronger-than-expected revenue.
POET Technologies Inc. named Sandeep Kumar as Chief Operating Officer, effective May 11, 2026. The appointment, which also designates him an Officer of the Corporation and places him directly under the CEO, coincided with a roughly 5% rise in the company’s shares. Dr. Kumar brings more than 18 years of operations experience at Silicon Labs and prio…
Two major Wall Street firms opened coverage of Aevex Corp this week with optimistic ratings, pointing to the drone maker's combat-proven product set and manufacturing scale as advantages as defense spending on autonomous systems increases. Analysts from Jefferies and Raymond James issued Buy-equivalent recommendations with price targets of $32 and …
Wendy's Corp. saw its stock jump in premarket trading after a report said Trian Fund Management, headed by Nelson Peltz, has been seeking outside investor support for a possible bid to take the company private. Discussions reportedly included contacts in the Middle East. The firm has not made a formal offer and both Wendy's and Trian declined to pr…
