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.
18,331 total articles
Berenberg has downgraded Fresnillo plc from "buy" to "hold" after a substantial rally in the miner's share price. The broker raised its price target to GBp3,800 while noting that the stock's recent advance has left little upside versus current levels. Analysts increased earnings forecasts for 2026 and 2027 and incorporated Fresnillo's Probe Mining …
U.S. stock futures traded roughly flat as quarterly company reports continued to shape trading before the open. Pressure in parts of the software and semiconductor complex linked to artificial intelligence spending and component supply issues contrasted with standout results from several consumer and business-services firms.
Intercontinental Exchange reported stronger fourth-quarter profit, driven by elevated trading volumes amid market volatility. Net income rose to $862 million, or $1.49 per share, from $709 million, or $1.21 per share a year earlier. Energy trading revenue increased 15% to $548 million, helping the exchanges segment reach $1.36 billion.
A London court has sentenced a Russian national to six years in prison after finding him guilty of gross negligence manslaughter over a maritime collision on March 10, 2025. The Portuguese-flagged container ship Solong struck the anchored tanker Stena Immaculate, and a Solong crew member, Mark Pernia, has been declared presumed dead after his body …
Citi Research moved Babcock International Group from a 'buy' to a 'neutral' rating while raising its price target to £15.54 from £13.38, arguing that the stock’s recent advance has constrained further upside. The brokerage outlined a range of valuation scenarios, added optional upside from civil nuclear opportunities, and raised near- and medium-te…
Bristol Myers Squibb forecast 2026 revenue and adjusted earnings above Wall Street expectations, attributing anticipated growth to a strategic price reduction for blood thinner Eliquis and sustained strength in cancer therapy Opdivo. The company also disclosed progress on cost-savings and a reduction in research spending for 2025.
Ares Management reported that assets under management rose above $600 billion in the fourth quarter, reaching $622.5 billion after raising $35.9 billion of gross new capital. The firm maintained a goal of exceeding $750 billion by 2028. While investor demand for private credit remains solid, industry concerns persist following recent high-profile b…
Software and data services shares steadied on Thursday following several sessions of heavy losses tied to worries that rapid AI progress could undercut traditional software and subscription models. U.S. names showed mixed premarket moves, European data and exchange providers rallied, and Indian IT exporters extended recent weakness. Marketwide vola…
ConocoPhillips reported a fourth-quarter adjusted profit below analyst expectations as softer oil prices reduced its realized revenue. The company plans $1 billion in capital and operating cost cuts for 2026 while forecasting modest production growth and outlining its 2026 spending and cost targets.
Versace has named Pieter Mulier, the departing designer from Alaia, as its next creative director. The appointment, announced after Prada completed its acquisition of Versace, is scheduled to take effect in July and is part of a broader effort to revitalise the brand following a stretch of declining sales under previous ownership.
Turkey and Chevron have signed an agreement to jointly pursue oil and gas exploration and production worldwide, formalizing collaboration between the U.S. energy major and state-owned Turkish Petroleum Corp (TPAO). The deal covers both onshore and offshore activities and was announced by Turkey's energy ministry after a signing ceremony in Istanbul…
Stifel downgraded Microsoft from Buy to Hold and reduced its price target to $392 from $540. The firm flagged persistent Azure supply constraints, elevated capital expenditure expectations for fiscal 2027, margin pressure and mounting AI competition from Google and Anthropic as reasons for a less rosy near-term outlook.
Thomson Reuters reported a 5% increase in fourth-quarter revenue to $2.0 billion and delivered $1.07 in adjusted earnings per share, in line with expectations. The firm projected full-year 2026 revenue growth of 7.5% to 8%. Market attention centers on the arrival of AI competitors in core legal and professional services segments and the potential i…
Tower Semiconductor shares climbed sharply after the company confirmed a collaboration with NVIDIA to co-develop high-performance silicon photonics for AI data center networking. The partnership focuses on 1.6T optical modules compatible with NVIDIA networking protocols and aims to double data rates versus prior solutions.
Mexican cement producer Cemex reported a 16% year-on-year increase in fourth-quarter EBITDA to $781 million, driven by lower operating costs and higher selling prices, but one-off restructuring and asset-related charges produced a net loss for the quarter. The company outlined capital spending plans for 2026 and proposed increased dividends and a $…
Spotify shares climbed more than 3% after the company said it will add physical book sales to its app via a partnership with Bookshop.org. Beginning this spring, premium subscribers in the United States and United Kingdom will be able to purchase hardcover and paperback books directly through Spotify. Under the arrangement, Bookshop.org will manage…
Engie shares fell nearly 2% after JPMorgan lowered its rating to Neutral from Overweight, arguing the market has largely repriced the company and that upside from rerating may be limited. The bank projects 2026 as a trough for net income, with mid-single-digit earnings growth in 2027 and 2028, and set a price target of €24.50.
Germany’s competition authority has ruled that Amazon may not impose price caps on third-party sellers in its German marketplace and has ordered the company to pay 59 million euros for anti-competitive conduct. The decision, which leverages enforcement powers created by 2023 reforms, represents the first time the cartel office has sought financial …
SpaceX is developing a set of revenue-focused extensions to its Starlink satellite internet business that could include a Starlink-branded phone, enhanced direct-to-device connectivity for mobile handsets and a new orbital tracking product called Stargaze. Sources familiar with the plans say these initiatives build on Starlink's rapid satellite dep…
Tonies reported preliminary fiscal 2025 results showing revenue up 31% year-over-year to €630 million, outpacing guidance. North America led growth with a 40% increase in constant currency and became the company's largest market, while adjusted EBITDA margin is expected near 8.5%. The full results will be published on April 14.
NIO said it expects to report its first adjusted operating profit for the fourth quarter of 2025, forecasting 700 million to 1.2 billion yuan, as deliveries surged and vehicle margins improved. The company attributed the swing from a year-earlier adjusted operating loss to higher sales, a more favourable product mix, and ongoing cost reductions; it…
Bank of America has reduced its rating on Equinor to Neutral, saying the stock now trades close to its unchanged price objective of NOK260. The bank lowered its 2026+ estimates, pointed to valuations that reflect long-term Brent near $70 per barrel, and cut buyback expectations after net debt ran roughly $3 billion above forecasts.
Evonik reversed early losses and gained about 1% after pre-releasing fourth-quarter figures that showed a modest shortfall on EBITDA versus consensus, alongside a fiscal year 2026 earnings guide that broadly matches analyst expectations. The company also cut near-term dividend expectations and set a new payout ratio range, moves that recalibrate sh…
Valiant reported stronger-than-expected fourth-quarter results, with operating income 2% ahead of forecasts and pre-tax profit of CHF62 million, 14% above expectations. The bank set aside CHF4 million in reserves, delivered net income of CHF46 million versus a CHF44 million consensus, and unveiled a CHF75 million share buyback to run over three yea…
Addtech reported third-quarter results showing stronger-than-expected profitability despite revenues slightly undershooting analyst forecasts. Sales reached SEK5,556 million, a 1.4% year-on-year increase, while EBITA rose to SEK864 million and the EBITA margin improved to 15.6%. The company also announced the acquisition of RAMME, to be integrated …
