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.
18,363 total articles
Hewlett Packard Enterprise shares surged 18% on Friday and Super Micro Computer rose 10% after Dell Technologies reported a strong quarter and significantly raised its revenue and AI-server outlook. Dell's results, driven by demand for Nvidia-powered AI servers and supported by large data center customers, lifted sentiment across AI infrastructure …
SoFi Technologies shares rose 7% Friday morning following a 5% gain a day earlier after the company launched SoFiUSD, described as the first stablecoin issued by a U.S. national bank on a banking platform. The coin is redeemable 1:1 for U.S. dollars, will be available on major blockchain networks, and is being rolled out to the company’s nearly 15 …
Agios Pharmaceuticals' stock declined sharply after the company said a Phase 2b trial of tebapivat in lower-risk myelodysplastic syndromes (LR-MDS) did not meet the predefined criteria needed to support continued development in that indication. While the drug showed biological activity and was well tolerated, it failed to deliver clinical benefit i…
Stellantis has no immediate plans to broaden its recently announced cooperation agreements with Jaguar Land Rover and Tata Motors into the European market, the group's head of Europe said. While analysts have speculated the partnerships could support European operations, management says Europe was not the original target for those joint ventures an…
Deutsche Bank lowered ratings for four UK retailers and adjusted price targets across its coverage, citing uncertainty about how inflation will affect consumer spending and retailer margins. The bank flagged weaker consumer confidence since March and a slowdown in retail spending in April, while noting retailers are better positioned than in 2022 o…
Li Auto shares fell sharply after the company's Q1 2026 report showed a deterioration in profitability despite revenues and deliveries that met or exceeded some expectations. Management forecast weaker second-quarter revenue and gave delivery guidance that implied a year-over-year decline, prompting analyst price-target cuts and a wave of selling t…
Barclays has taken a more cautious stance on the digital IT services sector, lowering ratings on EPAM Systems and Grid Dynamics to Hold while upgrading Everforth to Hold. The bank cautions that demand carries more downside than upside as clients await next-generation technology and adjust near-term spending, leaving valuations unlikely to re-rate w…
Nomura Holdings is actively seeking acquisition targets in the United States to expand its investment management arm following the $1.8 billion acquisition of Macquarie’s U.S. and European public asset management businesses. The bank raised its medium-term profit forecast and set ambitious targets for investment management income and private credit…
India's equity benchmarks closed lower on Friday with the Nifty 50 falling 1.50% and the BSE Sensex slipping 1.44%, driven largely by declines in Oil & Gas, Metals and Auto stocks. Market breadth was weak across both exchanges and the India VIX rose sharply. A small group of technology names posted gains, offsetting some of the broader losses.
Morgan Stanley projects that suppliers of high value-added components used in North American smartphones will outpace consensus earnings estimates for the fiscal third quarter of 2027, driven by the rise of AI computing devices. The bank assigned overweight ratings to TDK, Murata Manufacturing, Alps Alpine and Hirose Electric, naming TDK its top pi…
A machine-learning driven stock selection engine has produced notable gains through May by favoring fundamentally strong names with momentum and attractive valuations. ProPicks AI's portfolios have returned roughly +195.78% since their November 2023 launch, outperforming the S&P 500 by about +117.77%. The models are preparing a June rebalance, set …
AST SpaceMobile tumbled sharply in pre-market trading after reports that SpaceX is targeting an IPO valuation of at least $1.8 trillion, below the more optimistic $2 trillion-plus figure that had underpinned a recent sector-wide rally. The stock faced additional company-specific pressure from a Blue Origin hotfire explosion at Cape Canaveral, linge…
International Business Machines Co. stock climbed sharply in pre-market trading after the company disclosed two major investment commitments: more than $10 billion toward quantum computing over five years with a target of a fault-tolerant large-scale system by 2029, and a $5 billion Project Lightwell initiative to harden open source software supply…
Shares of Gap and American Eagle Outfitters plunged in premarket trading after each company signaled challenges tied to slowing discretionary spending. Gap trimmed its annual sales outlook while American Eagle kept full-year guidance but warned of a narrowing current-quarter gross margin. Both retailers pointed to softness in women's seasonal appar…
Morgan Stanley analysts say visibility into RealTek Semiconductor's second half of 2026 is limited after the Asia AI Summit, even as PC demand remains strong. Customers are pre-stocking inventory but have not revised full-year rolling forecasts, and the company is likely to see continued inventory write-offs tied to pre-stocking and its accounting …
AMD Chief Executive Lisa Su visited China last week and maintained a restrained public presence following a high-profile trip by Nvidia CEO Jensen Huang. Their differing approaches highlighted contrasting corporate strategies in the politically sensitive Chinese AI chip market, where Nvidia’s share has contracted sharply while AMD holds a smaller b…
Barclays notes global equities are making fresh highs on reports of progress toward a US-Iran agreement. The bank highlights strong earnings momentum and stabilizing interest rates as core supports, while warning that gains are currently concentrated in US markets and in technology-related sectors. A confirmed deal that reopens the Strait of Hormuz…
SentinelOne's stock tumbled roughly 19.9% in pre-market trading to about $14.44 after the company released fiscal first-quarter results that showed 21% year-over-year revenue growth to $277 million but disappointed on guidance and announced an 8% workforce reduction. Management's Q2 revenue forecast and full-year outlook implied roughly 20% growth …
Ocado Group said it has agreed a partnership with Asda to provide the Ocado Smart Platform for the supermarket’s ecommerce operations, prompting a more than 12% rise in Ocado shares. The deal covers Asda’s front-end webshop, in-store fulfilment, last-mile planning and delivery integration with third-party aggregators, with rollout beginning in 2027…
Dell Technologies saw its shares jump nearly 40% in premarket trading after reporting a strong quarter driven by demand for Nvidia-powered AI servers and raising both annual revenue guidance and its multi-year AI server revenue outlook. The company cited data center investments by major cloud customers, pricing gains and improved supply-chain manag…
Indonesia's equity market finished higher on Friday, with the IDX Composite Index rising 0.88% as gains in the Infrastructure, Agriculture and Basic Industry sectors supported the advance. While a larger number of stocks fell than rose, a handful of issues delivered substantial percentage gains, and several others recorded notable declines. Commodi…
As Computex opens in early June, Nvidia’s CEO Jensen Huang will headline a week increasingly defined by Taiwan’s expanding role across the AI infrastructure stack. Large-scale investment commitments from Nvidia and AMD, close partner engagement across the island’s ecosystem, and an expected emphasis on data-centre hardware mark Computex as a showca…
Honda Motor is recalling 98,892 vehicles in the United States after the U.S. National Highway Traffic Safety Administration identified a defect in a front passenger seat weight sensor that can crack and short circuit, potentially causing airbags to deploy when they should be suppressed. Affected models include certain Acura TLX, Accord Hybrid, and …
Lucid is recalling 2,039 vehicles in the United States after the National Highway Traffic Safety Administration reported an inverter issue that can cause a loss of drive power, increasing the risk of a crash. The recall covers certain 2024-2025 Air models. Lucid will issue an over-the-top software update to check affected systems and will replace d…
European shares rose on Friday and moved toward a monthly gain as markets reacted positively to expectations that a deal to extend a Middle East ceasefire and reopen shipping lanes through the Strait of Hormuz could be finalised. The agreement had not yet received approval from U.S. President Donald Trump and did not address Iran's nuclear programm…
