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.
29,411 total articles
Morgan Stanley judges European banks attractive, noting that steady corporate loan growth, contained deposit costs and higher yields continuing to flow through the system imply a 2-5% uplift to sector earnings. The firm highlights five overweight banks - Barclays, Deutsche Bank, Santander, UniCredit and OTP Bank - and details valuation approaches, …
Chipotle Mexican Grill shares plunged 9.72% to $33.82 on Aug 4 after Minnesota health officials tied a salmonella outbreak to jalapeños supplied to some restaurants. The slide wiped out gains from a strong second-quarter report released days earlier, highlighting investor concern about consumer trust amid consecutive food-safety headlines this summ…
U.S. bond ETFs divide into lower-yielding investment grade funds anchored by AGG and higher-yielding high yield funds led by HYG. High yield ETFs are offering roughly 200-300 basis points more in dividend yield than their investment grade counterparts, and have posted stronger three-year returns, but they also carry higher expense ratios and greate…
A senior source close to the situation said there are no ongoing discussions between AstraZeneca and Bristol Myers Squibb about a merger. The source, speaking on condition of anonymity, stated that there never was a deal to be done. Earlier reports had suggested preliminary talks that could have created a combined pharmaceutical entity valued near …
Bank of America reports that emerging market corporate bonds posted a negative return in July as higher U.S. Treasury yields offset modest changes in credit spreads. Investment grade corporates lagged high yield, and the bank reiterates a tactical preference for short-duration, higher-carry high yield exposures supported by credit fundamentals.
Jefferies downgraded Best Buy from Buy to Hold, arguing that second-quarter comparable sales expectations appear optimistic and that further earnings upside may be constrained by weakening consumer demand, higher memory costs for PCs, and cost pressures including elevated advertising. The firm kept an $85 price target and projected modest differenc…
SpaceX shares fell more than 11% in premarket trading even after a quarter that outperformed expectations. Piper Sandler told clients the market reaction reflects an expected sharp increase in tradable shares, a materially higher fiscal 2027 capital expenditure plan and the uncertain longevity of lucrative but cancelable AI cloud contracts, rather …
BorgWarner's stock jumped 7.0% in pre-market trading after the automotive supplier reported a notable second-quarter earnings beat, lifted its full-year 2026 guidance, and expanded its share repurchase authorization by $1 billion. The quarter featured higher adjusted operating margin and revenues that surpassed analyst estimates, while management s…
SolarEdge Technologies stock slumped in pre-market trading after the company reported Q2 2026 results that beat consensus on both EPS and revenue but issued Q3 2026 revenue guidance below analysts' projections. The guidance shortfall, combined with a reversal of prior-session policy-driven gains and lingering concerns about U.S. residential solar d…
Medline stock plunged 11.4% in pre-market trading after the company issued its second-quarter 2026 financial materials before the market opened. Investors reacted to earnings details against a recent history of margin compression, a near-term analyst price-target reduction from UBS and the announced retirement of the company's Chief Operating Offic…
Elanco Animal Health rallied in pre-market trading after reporting second-quarter 2026 results that outpaced analyst expectations across key metrics and prompted management to lift its full-year outlook. The company posted adjusted EPS of $0.34 versus consensus of $0.27 and revenue of $1.37 billion against estimates of $1.31 billion, with robust co…
Citadel’s three large funds delivered solid gains in July even as a sector-wide technology selloff linked to concerns about AI spending inflicted losses on many hedge funds. The firm’s Wellington fund rose 6% in July (up 12% year-to-date), its tactical trading arm gained 11% in July (up 27% YTD) and its stock-focused equities fund increased 14.2% f…
Shopify shares jumped sharply in pre-market trading after the company reported second-quarter 2026 results that outperformed analyst estimates across revenue, adjusted EPS, gross merchandise volume (GMV), and free cash flow margin. Management highlighted AI-powered commerce features and rising B2B merchant demand as principal contributors to the ac…
AMD reported a blockbuster second quarter with revenue of $11.5 billion and a doubling of its data-center business, yet the stock fell sharply after earnings as investors weighed valuation, a potential Anthropic equity commitment, and divergent analyst targets. The business momentum is clear, but market pricing and execution risks are the core issu…
New York Times Co. stock fell 8.8% in pre-open trading after the company reported second-quarter 2026 results and issued a tempered forecast for subscription revenue in Q3. While adjusted EPS and total revenue topped estimates, a smaller-than-expected gain in digital-only subscribers and guidance for slower subscription revenue growth prompted inve…
GlobalFoundries reported second-quarter revenue and adjusted EPS that topped estimates, but the stock fell in pre-market trading as investors zeroed in on near-term guidance and a challenging margin expansion roadmap. Concerns about a sluggish smartphone market and customer concentration weighed on sentiment despite management highlighting demand i…
SpaceX stock reversed sharply in pre-market trade following a strong earnings print, falling to levels near the company's 52-week low as a large lockup expiry makes 911.5 million shares freely tradable. While Q2 revenue exceeded consensus by roughly $1 billion, structural selling pressure tied to the lockup and other governance concerns are weighin…
Bloomin' Brands rallied sharply in pre-market trading after reporting second-quarter adjusted EPS and revenue that topped analyst estimates, alongside broad-based U.S. comparable sales gains across its four restaurant brands and an increase to full-year adjusted earnings guidance. The results prompted rapid investor revaluation, sending the stock w…
U.S. stock index futures were higher in early trading as tentative progress on reopening the Strait of Hormuz offered cautious optimism. Gains in some technology and healthcare names were offset by sharp premarket declines in semiconductor shares and concerns after SpaceX disclosed its exclusive use of Nvidia chips. Shopify led big upside after a s…
Insulet Corporation reported second-quarter 2026 results that beat estimates on both adjusted EPS and revenue, but the stock plunged in pre-market trading after management trimmed its full-year revenue growth forecast. While adjusted EPS and revenue exceeded expectations, the reduced revenue growth outlook, a recent analyst downgrade and an ongoing…
Global Payments lowered its full-year 2026 guidance for adjusted net revenue growth and adjusted earnings per share on Wednesday, attributing the change to economic uncertainty tied to the war in the Middle East that has weakened travel-related and cross-border spending. The payment technology provider reported higher adjusted quarterly net profit …
Shopify shares jumped sharply in pre-market trading after the company reported Q2 2026 results that exceeded analyst forecasts and its own guidance range. Revenue, adjusted EPS, gross merchandise volume and free cash flow all outperformed expectations, while a wave of analyst upgrades ahead of the release amplified investor enthusiasm. A supportive…
CVS Health stock climbed 3.2% in pre-market trading after the company reported second-quarter results that beat analyst expectations, raised its 2026 adjusted EPS outlook sharply, and announced a partnership with Eli Lilly to distribute GLP-1 weight-loss therapies through its pharmacy network and app. Improvements in the Aetna medical loss ratio an…
Flutter Entertainment stock plunged in pre-market trade after the company reported adjusted earnings below consensus, narrowed its U.S. revenue forecast, and disclosed a planned CEO transition. The combination of a profit shortfall, weaker guidance and continued investment costs tied to the FanDuel Predicts product weighed on investor sentiment des…
Global Payments shares fell in pre-market trading after the company posted an in-line Q2 adjusted EPS but reduced its full-year adjusted EPS guidance and trimmed its normalized revenue growth outlook, citing travel-volume weakness linked to the Middle East conflict as the primary headwind. The guidance cut, rather than the quarter itself, drove the…
