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
Corning said it has struck a multiyear partnership with NVIDIA to expand domestic manufacturing of optical connectivity for AI data centers. The pact will increase U.S.-based optical connectivity capacity by 10x, raise fiber production by more than 50%, fund three new plants in North Carolina and Texas, and is tied to warrants issued to NVIDIA wort…
Hut 8 announced a 15-year, $9.8 billion triple-net lease for 352 MW of IT capacity at its Beacon Point AI campus in Nueces County, Texas, sending the company’s shares higher by 37%. The deal raises Hut 8’s total contracted AI data center capacity to 597 MW and carries projected cumulative NOI of $9.8 billion over the base lease term, with an expect…
J.P. Morgan upgraded Aker Solutions to a neutral rating from underweight and set a December 2027 price target of Nkr45, pointing to a notable increase in Asia-Pacific tendering, stronger backlog visibility and an improved medium-term earnings trajectory. The bank preserved a cautious note about elevated forward multiples and potential execution and…
U.S. airline stocks rose sharply after reports that the United States and Iran are close to a one-page memorandum intended to end hostilities and open negotiations on a detailed settlement. The move reduced perceived geopolitical risk, sending Brent crude to a two-week low and lifting major carriers by roughly 5% to 7.6%.
The New York Times reported net gains in digital-only subscribers that exceeded analyst projections, driven by elevated news consumption amid geopolitical tensions and policy shifts. The company continues to emphasize subscription-led growth and bundled product offerings, and its shares rose in early trading following the announcement.
Instacart, legally Maplebear, projected second-quarter gross transaction value above consensus and reported stronger-than-expected first-quarter results, driven by both price-sensitive and higher-income shoppers. The company signaled resilience in consumer spending despite macroeconomic uncertainty and emphasized affordability amid potential cost p…
Uber Technologies projected second-quarter gross bookings that exceed Wall Street consensus, driven by robust demand in ride-hailing and delivery, expanded international traction and gains from its membership program. Management factored in a roughly 60 basis-point drag from the Middle East conflict while highlighting AI adoption and a push into hi…
UBS upgraded its rating on Galenica from "sell" to "neutral" while leaving its CHF85 price target intact. The target sits slightly above the stock's current trading level of CHF82.05, implying roughly 4% upside. The broker's move follows about a 20% fall in the share price since late February and reflects UBS's revised assessment of buy-side sentim…
Passive, long-only vehicles bought $12.0 billion of emerging-market equities in April, with Taiwan, Brazil and China the largest recipients of inflows, Morgan Stanley reports. Active foreign managers were net sellers. Hedge funds concentrated exposure in Information Technology across Asia ex-Japan, while long-only investors adjusted regional and se…
Walt Disney reported adjusted earnings-per-share of $1.57 and revenue of $25.2 billion for the January-March quarter, beating analysts' expectations. New CEO Josh D'Amaro, in a letter to shareholders, reaffirmed the company’s outlook for accelerated adjusted EPS growth in fiscal 2026 and sustained double-digit growth into fiscal 2027, while outlini…
Morgan Stanley's analysis of Ministry of Transportation and industry data shows air passenger traffic in China declined 5.7% year-over-year over the May 1-5 Labor Day holiday, even as total passenger movements increased 3.5%. Rail and road travel posted year-over-year gains, while air ticket prices rose sharply and parcel volumes weakened.
Deutsche Bank has moved Telecom Plus from 'buy' to 'hold' and cut its price target to 1300p from 2000p. The revision comes amid concerns that the company's word-of-mouth multiservice acquisition model is under strain; the news coincided with a notable drop in the stock price on the day of the update.
The USDA weekly Crop Progress snapshot shows corn planting 38% complete, level with last year and modestly ahead of the recent average, while soybean planting is at 33%, outpacing last year by 5% and the recent average by 10%. Emergence for both crops sits at 13% and futures have rallied, with corn contracts reaching multi-month highs and soybeans …
Stifel's April U.S. online gambling tracker reports a slowdown in sports betting handle growth, with year-over-year comparisons turning negative. iCasino gross gaming revenue growth remains healthy and consistent with company guidance. The report notes shifts in market share dynamics, continued high Kalshi volumes, legal developments affecting Kals…
Apollo Global Management said its assets under management exceeded $1 trillion in the first quarter, lifting fee-related earnings to an all-time high and helping adjusted net income increase 8% year-over-year. The firm recorded sizable inflows but reported a GAAP net loss driven by unrealized retirement-business investment losses.
Jefferies upgraded Kuehne+Nagel from hold to buy and increased its price target to CHF220 from CHF190, citing potential cost savings from artificial intelligence that it says are not yet captured in consensus estimates. The broker models CHF200 million of cost reductions and now forecasts 2028 EBIT of CHF1.75 billion, roughly 10% higher than Bloomb…
CVS Health raised its 2026 adjusted earnings-per-share forecast after a stronger first quarter driven by gains at its pharmacy benefit manager and tighter medical cost management in its government-focused insurance plans. The company reported adjusted Q1 EPS above analysts' estimates, posted revenue ahead of expectations and said lower medical spen…
Barclays strategist Emmanuel Cau cautioned that further gains in equities are difficult to justify while elevated energy risks remain and the global economy approaches a critical inflection point. The bank highlighted AI-driven earnings momentum and supportive liquidity as tailwinds, but warned that an aggressive drawdown in inventories has only te…
Pirelli has initiated production of its Cyber Tyre at its Rome, Georgia facility, with management set to provide further details during its first quarter 2026 results on Thursday. The Rome plant is small, accounting for about 5% of Pirelli's US exposure. Citi analysts characterize the start of Cyber Tyre output as a long-term positive and say it co…
GPA said on Tuesday that creditors representing 57.49% of the claims included in its proposal have agreed to a new out-of-court restructuring plan covering 4.57 billion reais. The proposal aims to cut the retailer's obligations by more than half over time, extend average maturity to 6.4 years, and lower the average cost to CDI plus 0.5% per year. T…
Jefferies has downgraded Deutsche Post DHL Group (ETR:DHLn) from buy to hold and reduced its 12-month price target from €60 to €52. The bank pointed to an uncertain macroeconomic environment and prefers Kuehne+Nagel for near-term upside. Its 2026-2028 revenue, EBIT and cash flow projections were left broadly unchanged, while the firm highlighted cu…
Records released by the U.S. National Transportation Safety Board (NTSB) show the fuel supply to both engines of China Eastern flight MU5735 was switched from run to cutoff while cruising, and that engine speeds fell after that switch movement. The flight data recorder was analyzed at the NTSB laboratory in Washington because the aircraft was manuf…
SpaceX has notified Grimes County officials of a proposed $55 billion investment to construct a vertically integrated semiconductor manufacturing and advanced computing fabrication plant in Texas. The project could grow to $119 billion if further phases move forward. The facility is designed to produce 2-nanometer chips and ultimately support a ter…
J.P. Morgan retained an underweight rating on Wacker Chemie while increasing its December 2027 price target from €50 to €60. The new target implies roughly 37% downside from the stock's last close of €95.30. The bank also put Wacker on a Negative Catalyst Watch ahead of second-quarter results due July 30, and adjusted its earnings and cashflow fore…
The California Supreme Court is set to hear arguments over whether pharmaceutical companies that produce drugs deemed safe nonetheless have a legal obligation to continue developing alternatives that may carry fewer side effects. Gilead Sciences is appealing lower-court rulings that allowed roughly 24,000 HIV patients to pursue negligence claims af…
