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
Shares of Atossa Genetics rose 10.3% Monday in a move that appears disconnected from company fundamentals and may reflect investor confusion with Vanda Pharmaceuticals, which said it has commercially launched NEREUS (tradipitant) across the United States for prevention of vomiting due to motion in adults. Vanda described the drug as the first new p…
The U.S. Treasury on Monday raised its estimate for second-quarter borrowing to $189 billion, a $79 billion upward revision from the department's February projection. The change is driven mainly by lower than expected net cash flows, with the increase partly mitigated by a higher starting cash balance. The Treasury also released projections for the…
Atossa Therapeutics saw its stock climb 10.3% on Monday after the U.S. Food and Drug Administration awarded Rare Pediatric Disease designation to (Z)-endoxifen for the treatment of McCune-Albright Syndrome in females. The designation makes the company eligible for a Priority Review Voucher upon approval and opens avenues for enhanced interaction wi…
GlobalFoundries Inc. (NASDAQ:GFS) saw its stock rise 4% on Monday after Cantor Fitzgerald upgraded the shares to Overweight with an $80 price target and the company unveiled its SCALE optical module solution for co-packaged optics. Cantor analyst C.J. Muse pointed to steady demand across established end markets and upside from nascent photonics and…
U.S. officials are considering an executive order to create an AI working group that would bring together tech leaders and government representatives to evaluate oversight options for artificial intelligence models before they are released publicly. White House officials have held meetings with executives from Anthropic, Google and OpenAI, and the …
A Morgan Stanley AlphaWise survey found U.S. consumer sentiment declined in April to levels near a two-year low, yet households reported a surprising increase in medium-term intent to spend on consumer electronics. The survey showed mixed signals: improving six-month spending plans but weaker one-month purchase expectations and heightened concern a…
Reuters received the Pulitzer Prize for beat reporting for an investigation that uncovered Meta's permissive AI-chatbot practices with minors and the company’s sizeable earnings from illicit advertising on Facebook and Instagram. The reporting used internal documents and experimental techniques to reveal how Meta’s policies allowed problematic chat…
The U.S. Department of the Treasury said it plans to issue $189 billion in privately-held net marketable debt during the April-June 2026 quarter and aims to hold $900 billion in cash at the end of June. The updated borrowing estimate is $79 billion higher than the February forecast, primarily because of weaker expected net cash flows, partly offset…
President Donald Trump posted on Truth Social that an investment tied to Intel generated $45 billion for the United States over an eight-month period. The post included an image of a price chart purporting to show a purchase at $20 per share in August 2025 and a value of $97 per share in April 2026, with the chart depicting a generally upward trend…
CoStar Group Inc. shares ticked higher after CEO Andy Florance made a further open-market purchase of company stock and the firm reported quarterly results that outperformed analyst expectations. The insider buying follows a recent activist investor exit and comes amid investor concerns over AI-driven disruption and the capital demands of expanding…
A Swiss parliamentary committee has postponed its decision on proposed capital requirements for UBS, deferring further debate until August and pushing a full upper-chamber vote likely into September. Lawmakers continue to weigh a government proposal to require full Common Equity Tier 1 backing for the bank’s foreign units against a compromise that …
Volkswagen AG purchased 62.9 million Rivian shares for $1 billion at $15.90 per share through a private placement dated April 30, 2026, increasing its holding to 209.8 million shares and appearing as a 10% owner in a Securities and Exchange Commission filing. Rivian stock rose 0.5% Monday afternoon but remained about 2% lower on the day amid broade…
Mirum Pharmaceuticals stock climbed 12% Monday after the company reported positive results from its VISTAS Phase 2b trial of volixibat in primary sclerosing cholangitis. The study met its primary endpoint on the Adult ItchRO scale and showed reductions in serum bile acids. Mirum has scheduled a pre-New Drug Application meeting with the FDA for summ…
Datavault AI Inc. saw its stock fall 23% on Monday after disclosing a $60 million registered direct offering of common stock. The Philadelphia-based firm agreed to sell 109,090,910 shares at roughly $0.55 apiece, a price below last Friday's close of $0.7438. The proceeds are slated to support build-out of a quantum-ready GPU edge network, along wit…
Airlines serving and routing through the Middle East have continued to adjust capacity and suspend services following disruption tied to the Iran conflict. Middle Eastern carriers have been increasing capacity in some markets while non-Gulf airlines are rerouting or cancelling flights between Europe and Asia. The following report lists current serv…
Monday's session produced wide-ranging moves across market-cap segments. Memory chipmaker Micron and enterprise software giant Oracle posted notable gains, while chip designer Arm and several transportation and industrial names slid. The day featured strong rallies in select small- and mid-cap issues alongside steep declines in other pockets of the…
Switzerland’s Upper House Economic Affairs and Taxation Committee concluded its initial hearing on the government’s proposed capital requirements for UBS without recommending approval or rejection. The committee said it will further examine alternative approaches and related instruments, a move that delays the legislative timetable by several month…
Financial markets face a dense calendar on Tuesday, May 5, 2026, with multiple macroeconomic releases that span housing, services, labor and trade. Key items include building permits, the Services PMI and ISM Non-Manufacturing PMI, the JOLTs Job Openings report and new home sales. Additional data on trade flows, retail sales proxies and weekly crud…
The judge overseeing New Mexico’s lawsuit against Meta Platforms signaled concern that some of the platform changes sought by the state could constitute judicial overreach. With the case entering a second phase focused on remedies, the court will consider whether Facebook and Instagram constitute a public nuisance under state law, which could permi…
Bank of America identifies a selective set of analog semiconductor companies that it views as positioned to benefit from a combination of industrial restocking and secular demand drivers such as artificial intelligence, aerospace and defense, and power-electronics markets. The research singles out Analog Devices, Microchip Technology, NXP Semicondu…
JPMorgan Chase has recruited Will Boyle from Morgan Stanley to head its global secondary advisory practice in New York. Reporting to Keith Canton, the hire is intended to bolster the bank's work advising financial sponsors and institutional investors on private market transactions, with a focus on secondary sales and continuation vehicles amid a si…
Doris Fisher, who helped build Gap into a global apparel retailer by targeting the teenage market and championing simple, affordable design, has died at 94, the company said. Fisher co-founded the first store in San Francisco in 1969, served in merchandising and governance roles for decades, and created the Gap Foundation to embed philanthropy in t…
Doris Fisher, who co-founded Gap Inc. with her late husband Donald Fisher and helped shape the company from its first Ocean Avenue storefront to a global apparel group, has died at 94, the company's CEO said. Fisher invested alongside her husband, worked in the original store, named the brand and remained involved as a merchandising consultant and …
U.S. equities fell as front-month Brent crude climbed about 6% amid ongoing disruptions in the Strait of Hormuz, while recent economic indicators and corporate earnings painted a stronger-than-expected picture for the economy. Goldman Sachs highlights sharply reduced oil flows and flags potential inflationary effects tied to higher energy costs and…
Eni resumed lifting Venezuelan crude in April as payment-in-kind for gas produced through the Cardon IV joint venture, a move aimed at recovering long-standing receivables from PDVSA. The operation follows a March agreement and comes as U.S. sanctions on Venezuela have been gradually relaxed since January through general licences issued by the Offi…
