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
International Flavors & Fragrances stock rallied sharply after the company reported Q1 2026 results that beat estimates, returned to profitability, and kept its full-year outlook intact. The report, issued after the previous session's close, showed higher-than-expected adjusted EPS, modest top-line variance versus last year, and currency-neutral sa…
Kuehne + Nagel's U.S. customs team says the online mechanism to claim refunds for tariffs the U.S. Supreme Court deemed unlawful is functioning more effectively than many had feared. The Swiss freight forwarder is helping customers prepare and submit filings through the U.S. Customs and Border Protection portal and reports thousands of its U.S.-imp…
DaVita HealthCare Partners vaulted higher in morning trading after reporting a Q1 2026 earnings package that exceeded expectations across key metrics, accompanied by a raised full-year adjusted EPS outlook and a high-profile buy upgrade from Deutsche Bank. The move was supported by operational gains, comments on market share opportunity from clinic…
Stocks moved sharply across market-cap segments on Wednesday as analyst upgrades, corporate actions and earnings announcements produced large intraday swings. Mega-cap technology names including Advanced Micro Devices and Arm saw strong rallies, while Arista Networks and major energy producers slipped. Mid- and small-cap issues recorded some of the…
Tonix Pharmaceuticals saw a 5.1% share increase Wednesday after announcing a group purchasing organization coverage agreement effective May 1 that provides access to about 35 million U.S. commercial lives for TONMYA. The company also reported Medicaid coverage in 38 states covering roughly 55 million lives, and said discussions with Medicare and ad…
Zee Entertainment has taken the Reliance-Disney joint venture to court in New Delhi, accusing the JV of using songs from Zee’s music catalogue after licensing agreements lapsed. The 1,800-page suit, filed April 14, seeks $3 million in damages and asks the court to halt any ongoing use of the works. The dispute adds to several ongoing legal confront…
Bank of America data show that 43% of active funds worldwide outperformed their benchmarks in April, with a median relative return of -0.43%. Global equities rose 10.0% in the month, driven by rotation into higher-risk stocks. Performance varied by style and region, with growth strategies and Asia Pacific ex-Japan managers faring relatively better …
Blaize Holdings Inc. shares dropped 20.6% after the company priced an underwritten public offering of common stock at $1.85 per share. The placement covers 18,918,918 shares for gross proceeds of about $35 million before fees and underwriter discounts, with a 30-day option for underwriters to buy up to 2,837,837 additional shares. The offering is e…
Ted Turner, the audacious entrepreneur who built a multimedia empire that included CNN and transformed cable television, has died at 87, Turner Enterprises said in a press release cited by CNN. Turner’s influence spanned broadcasting, sports, environmentalism and philanthropy; he disclosed in 2018 that he had been diagnosed with Lewy body dementia.
InflaRx N.V. stock climbed 22% on Wednesday following an announcement that the company will advance its oral C5a receptor antagonist izicopan into development for ANCA-associated vasculitis (AAV). Management said it is planning a Phase 2 program for AAV, exploring multiple development strategies including a potential expedited commercial path, and …
On May 6 the U.S. Supreme Court declined to temporarily halt a judicial order that found Apple in contempt over its handling of App Store rules in litigation brought by Epic Games. The court, through Justice Elena Kagan, refused Apple’s request for a pause of a 9th U.S. Circuit Court of Appeals ruling, leaving intact the contempt determination whil…
Fermi Inc. (NASDAQ:FRMI) stock rose 10% after the company rejected two SEC filings from former CEO Toby Neugebauer seeking to convene shareholder meetings and change board composition. Fermi said Neugebauer was terminated for cause, called his proposals invalid, urged shareholders to oppose them, and highlighted charter provisions designed to prese…
TGJones, the business once operating under the WH Smith high-street brand, has put in motion a restructuring programme supported by financial backing from owner Modella Capital. The initiative, which includes cost reductions and the possibility of store closures, aims to preserve most of the retailer's estate while addressing steeply weakened tradi…
Shares of Ingram Micro Holding Corporation fell 6.4% on Wednesday after Ingram Holdco, an affiliate of Platinum Equity, priced a secondary offering of 12.7 million shares at $26.00 per share. Ingram Micro will not sell shares in the transaction but has authorized a concurrent $30 million repurchase of common stock from the underwriters at the same …
Dow Inc. shares dropped sharply after reports that Washington and Tehran are nearing a one-page memorandum that could end hostilities and begin negotiations to reopen the Strait of Hormuz and lift sanctions. Chemical and fertilizer names that had benefited from elevated prices amid regional tensions fell across the board.
DeepSeek, the Hangzhou-based artificial intelligence startup, is holding advanced discussions with government-backed investors to raise several billion dollars. Recent talks have placed the firm's valuation at about $50 billion, up from prior ranges between $10 billion and $30 billion. A state-backed fund with roughly $8.8 billion in capital is rep…
Barclays downgraded Abercrombie & Fitch Co. to an Underweight rating and reduced its price target by 20% to $76, signaling modest downside from the retailer's recent trading level of $78.97. The firm pointed to deeper promotions at Hollister, a crowded apparel landscape, tariff pressures and a likely normalization of operating margins after a peak …
Rush Street Interactive (RSI) shares declined sharply after trusts tied to the company’s senior executives priced an underwritten secondary sale of 10 million Class A shares at $26.00 apiece. The offering, which does not include shares from the company itself, is expected to close on May 7, 2026, and will be accompanied by a repurchase of 1,153,846…
Shares of Oklo Inc rose more than 6% at the opening bell Wednesday after the U.S. Nuclear Regulatory Commission approved the Principal Design Criteria topical report for the company’s Aurora powerhouse in Idaho. The approval creates a formal regulatory framework for safety, reliability and performance requirements that Oklo can cite in future filin…
Jet fuel prices have climbed dramatically from roughly $85-$90 per barrel to between $150 and $200 per barrel amid the U.S.-Israeli war on Iran, prompting carriers across the globe to raise fares, impose or increase fuel surcharges, cut capacity and withdraw or downgrade financial guidance. Below is an alphabetical account of actions taken by airli…
Bank of America identified two restaurant chains as notable opportunities after first-quarter results, keeping a Buy rating on First Watch Restaurant Group (FWRG) with a $19 price target and a Neutral rating on Portillo's (PTLO) with a $6 target. Both companies posted same-store sales beats and showed operational trends that influenced updated fisc…
BTIG has added Palo Alto Networks to its Top Picks focus list and increased its price target to $216 from $200 after field checks signaled durable demand and accelerating adoption of the company's platform offerings. Analyst feedback from channel partners and product contacts highlighted Prisma SASE strength, positive views on cloud security transi…
Futures tied to Canada’s principal equity gauge jumped on Wednesday as growing indications that the U.S. and Iran could be approaching a deal to end their months-long conflict eased some geopolitical risk. The move came alongside a pullback in oil and a spike in gold, while corporate earnings from chipmaker AMD and others shaped premarket activity …
Banco Santander SA shares climbed in premarket trade after reports indicated the bank is exploring a significant risk transfer (SRT) linked to roughly €500 million of buy-now-pay-later loans originated by Openbank for German customers. The move would be Santander's first SRT tied to BNPL credit and comes amid record demand for SRT issuance from ins…
Terrestrial Energy Inc. shares climbed 18% following an announced memorandum of understanding with Riot Platforms to examine co-locating Terrestrial Energy’s IMSR nuclear plants with Riot-developed data centers for AI and high-performance computing workloads. The deal contemplates evaluating multiple Riot sites, including locations in Texas and Ken…
