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
First Seacoast Bancorp (NASDAQ:FSEA) agreed to be acquired by Cambridge Financial Group, the mutual holding company of Cambridge Savings Bank, in an all-cash transaction valued at about $80.9 million. The agreement calls for First Seacoast shareholders to receive $17.25 per share and will result in the merger of First Seacoast Bank into Cambridge S…
Bank of America upgraded Ulta Beauty to Buy from Neutral, saying a recent pullback in the stock creates an attractive entry point for a company it labels a high-quality compounder. Analyst Lorraine Hutchinson set a $685 price target and pointed to investments that she says are building a growth flywheel. The bank expects better cost discipline, str…
Meta appeared before EU antitrust officials at a closed-door hearing to contest a potential interim order that would require it to allow rival artificial intelligence chatbots access to WhatsApp. The appearance follows an additional charge sheet from the European Commission and sits within an ongoing probe into whether Meta abused market power. The…
Gilat Satellite Networks said it won a multimillion-dollar order from Indian satellite communications provider Nelco to supply its SkyEdge IV hub platform for a Ka-band high-throughput satellite (HTS) network using the GSAT-N2 Ka-band satellite. The order, with deliveries scheduled over the next 12 months, is expected to enable services across avia…
Energizer Holdings reported second-quarter fiscal 2026 results that topped expectations on an adjusted EPS beat largely driven by a $48 million tariff refund. The refund improved gross margins by about 750 basis points, but organic sales fell short of forecasts. Management reiterated a return to organic growth in the second half and trimmed the ful…
Piper Sandler lowered its rating on Roblox to Neutral and reduced the price target to $50 from $100 after the company issued weaker first-quarter guidance and flagged significant uncertainty around its age-verification rollout. Analyst Thomas Champion pointed to a large downward revision to fiscal 2026 bookings growth and noted daily active users i…
SoundHound AI announced OASYS, a self-learning orchestrated agentic AI platform designed to let businesses create and manage conversational AI agents that adapt and improve over time. The company said the platform integrates capabilities from recent acquisitions, handles agent lifecycle tasks such as creation and evaluation, and can deploy across p…
Monday's SEC filings reveal concentrated insider buying at Option Care Health by its CFO and CEO, alongside notable purchases at First Guaranty Bancshares and S&P Global. At the same time, several high-profile insiders and affiliated entities disclosed substantial sales, including a large block from Kinetik Holdings and multi-million dollar disposa…
IQVIA Holdings stock fell in premarket trading after the contract research firm reported a first-quarter book-to-bill ratio of 1.04x that missed analyst expectations. The quarter included an adjusted EPS beat and revenue above consensus, and the company raised its full-year 2026 earnings outlook, but investors focused on the book-to-bill reading.
Knight-Swift Transportation Holdings revealed a private placement of $1.0 billion in convertible senior notes due 2031, plus an option for initial purchasers to buy an additional $150.0 million. Shares fell 3.5% in premarket trading Tuesday after the filing. The company said net proceeds will be used for capped call transactions and to pay down exi…
Futures tied to Canada’s primary equity gauge rose modestly on Tuesday as investors balanced renewed flare-ups between the U.S. and Iran with signs the temporary military escort of shipping may be easing disruptions in the Strait of Hormuz. Energy names benefited from higher crude, while broader sentiment remained under pressure from the risk that …
Saudi Arabia's stock market closed lower on Tuesday, with the Tadawul All Share (TASI) falling 0.75% to a one-month low. Weakness was concentrated in Media & Publishing, Hotels & Tourism and Industrial Investment sectors, while a small group of stocks recorded notable gains. Crude benchmarks declined and gold firmed, and market breadth showed signi…
Michael Burry sold his entire holding in GameStop after the videogame retailer submitted an unsolicited $125-per-share bid for eBay. In a Substack post, Burry said the proposed transaction would force GameStop into a capital structure with leverage well beyond levels compatible with his 'Instant Berkshire' investment case, and he flagged materially…
U.N. Security Council members will open discussions on a U.S.- and Bahrain-supported draft resolution that could lead to sanctions and, ultimately, authorization of force should Iran not cease attacks and threats to commercial shipping in the Strait of Hormuz. The initiative comes as renewed exchanges of fire have tested a fragile truce, and as Was…
IDEXX Laboratories increased its 2026 earnings and revenue guidance, prompting a 3.4% rise in premarket trading to $582. The company raised its full-year EPS range and revenue outlook after reporting first-quarter revenue that exceeded analyst expectations, though shares remain down year-to-date by 16.8% as of Monday’s close.
Fabrinet reported third quarter revenue of $1.21 billion, topping analyst forecasts by $37 million as telecom demand propelled sales. Despite the beat, shares plunged 12.88% on Thursday after mixed segment performance, supply limitations and modest near-term guidance raised investor concerns. Analysts remain split, with some lifting price targets w…
Cummins increased its 2026 revenue growth guidance to 8%-11% from a prior range of 3%-8%, driven by sustained demand for generators linked to data-center expansion and an uptick in North American truck markets. First-quarter revenue climbed to $8.4 billion and EPS was $4.71, including a $1.44 per-share charge tied to the sale of its low-pressure fu…
Huntington Ingalls reported a narrower quarterly operating margin as rising costs pressured profitability. Revenue exceeded analyst estimates, driven in part by growth at the Newport News shipyard, but higher product costs and broader trade uncertainty contributed to a decline in margins. Shares traded lower in premarket activity.
Viridian Therapeutics stock climbed 40% on Tuesday after the company reported positive topline results from the Phase 3 REVEAL-2 study of elegrobart in chronic thyroid eye disease. Both dosing regimens tested produced statistically significant proptosis responder rates versus placebo at week 24. The therapy was generally well tolerated, and Viridia…
U.S. equity futures rose in early trading Tuesday as market participants balanced renewed U.S.-Iran tensions against a steady stream of corporate results. By 07:19 ET (11:19 GMT) Dow futures were up 70 points (0.1%), S&P 500 futures rose 19 points (0.3%) and Nasdaq 100 futures had climbed 126 points (0.5%). Several large-cap names moved sharply in …
Morgan Stanley describes the European airports sector as entering a "crunch time" driven by regulatory uncertainty, softer retail spending, rising costs and mixed 1Q26 results. Despite modest EBITDA downgrades and near-term execution risks, the broker favors a selective, patient approach and ranks Groupe ADP, Aena, Fraport, Zurich Airport and AIA i…
Shares of FIS climbed roughly 5% after the payments and banking software provider announced a collaboration with Anthropic to build a Financial Crimes AI Agent. The tool is intended to automate evidence gathering and pattern evaluation for anti-money-laundering investigations, with BMO and Amalgamated Bank among initial testers and broader availabi…
Citi cut its rating on Planisware SA (EPA:PLNW) from Buy to Neutral and trimmed the 12-month price target to €20 from €21, stating that the stock's valuation now largely reflects the firm’s growth trajectory. Citi left its valuation multiple methodology unchanged and maintained above-consensus revenue and profitability forecasts for 2026-2028 while…
JPMorgan strategist Mislav Matejka urged investors to look beyond short-term geopolitical volatility and view market weakness as an opportunity to buy, saying the risk of a prolonged stagflationary shock is overstated. While acknowledging a recent MSCI World rally described as a "V-shaped rebound," Matejka cautioned that gains are concentrated and …
Bank of America has reinstated coverage on Home Depot with a Buy rating and a $374 price target, while returning Lowe’s to coverage at Neutral with a $260 target. The bank favors Home Depot because its Pro customer base and recent acquisitions should help it weather a housing market that has not yet recovered.
