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.
18,379 total articles
Nebius Group saw its shares rally in premarket trading after Situational Awareness, a fund managed by former OpenAI staffer Leopold Aschenbrenner, reported a 5.6% stake valued at nearly $2.6 billion as of Wednesday. The fund, which managed $13.67 billion as of March 31 and grew 148% from the end of 2025, is now Nebius’ largest shareholder. The move…
CNN has filed a lawsuit claiming Perplexity unlawfully distributes its copyrighted journalism. The suit, lodged May 28, says Perplexity has so far refused licensing offers and must face legal damages. The action joins other cases from major publishers alleging scraping and unauthorized use by the AI search engine.
Jefferies' latest European REIT report identifies selective buying opportunities as listed property companies appear to be priced for a deeper downturn than current operating trends imply. The brokerage singles out Belgium's VGP as its growth pick in logistics and France's Carmila as its preferred value and income play, citing stronger balance shee…
Shares of JFB Construction Holdings rose sharply after XTEND, the company it has agreed to merge with, was selected to participate in Phase II of the U.S. Department of Defense’s Drone Dominance Program. The Phase II qualifier, set for this summer at Camp Grayling, Michigan, is part of an initiative expected to support procurement of more than 200,…
The U.S. Department of the Treasury on Thursday published the Trump Accounts app across app stores nationwide as part of a broader initiative to open government-backed investment accounts for children. The program, created under the One Big Beautiful Bill Act, will deposit $1,000 into accounts for children born between 2025 and 2028 who have a vali…
The closure of the Strait of Hormuz by Iran has not so far caused immediate, widespread shortages of jet fuel, but it has reshaped global trade routes. Buyers and refiners are sending cargoes across much longer distances to replace roughly 400,000 barrels per day in lost Middle Eastern exports, lifting European prices to record levels in April and …
Morgan Stanley said Quanta Services (TPE:2382) expects modest notebook shipment trends in Q2 and left full-year notebook guidance unchanged. The company projects continued quarter-over-quarter AI server growth in Q2, a platform transition late in the year, and triple-digit year-over-year AI server volume gains in 2026, supported by a planned doubli…
Wellgistics Health shares jumped sharply in early trading following a 1-for-50 reverse stock split that took effect on May 26, 2026, and fresh strategic transactions tied to an AI-enabled pharmacy venture. The move combined a technical repricing, optimism around Nasdaq listing compliance, and recent operational updates that include rising pharmacy …
Eli Lilly shares rose about 1% in pre-market trading after CVS Caremark said it would place Zepbound on its preferred drug list and expand coverage for Lilly’s obesity medicines. The change makes Lilly’s full obesity portfolio accessible through the nation’s three largest pharmacy benefit managers, with staged implementation dates and specific cost…
UBS initiated coverage of Swiss uninterruptible power supply maker Centiel AG with a "neutral" rating and a 12-month target price of CHF5.50, saying the stock already reflects the company's medium-term growth profile. The bank modeled organic sales CAGR of about 22% for FY25-28E and sees data centers as a key growth driver, but a reverse discounted…
Sidus Space shares tumbled 21% after the company announced a $100 million registered direct offering of Class A common stock and pre-funded warrants priced at $5.08 per unit. The company said net proceeds will be used for working capital and general corporate purposes; the offering, managed by ThinkEquity, is expected to close on May 29, 2026, subj…
Morgan Stanley analysts say Vertiv Americas' data center revenue has not kept pace with rapid gigawatt capacity growth mainly because of timing differences in project cycles, not broad market share declines. The bank expects the gap to narrow in the coming years as equipment suppliers recover and gigawatt additions continue to accelerate, particula…
U.S. stock futures opened lower as renewed strikes in the Gulf undermined prospects for a U.S.-Iran peace agreement and market participants prepared for a major inflation release that is closely followed by the Federal Reserve. By 06:37 ET (10:37 GMT), Dow futures were down about 60 points, S&P 500 futures fell roughly 14 points and Nasdaq 100 futu…
Shares of the company formerly known as Hoth Therapeutics surged in premarket trading as it began trading under the Rocket One name and new ticker, after announcing a corporate overhaul to pursue AI infrastructure, semiconductors and space-based AI systems for satellites. The firm has no recorded revenue and reported a loss of $0.17 per share in th…
Kohl’s has reiterated its full-year guidance after reporting first-quarter net sales in line with estimates. Management highlighted cost reductions and merchandising changes - including lower-priced fresh items, a renewed focus on jewelry and accessories, and growth of its Sephora partnership - as drivers helping to stabilize performance. The compa…
UBS moved Wärtsilä from a buy to a neutral rating while holding a €40 price target, arguing that the stock's run-up has balanced its risk-reward and that 2026 may mark peak datacentre order momentum. The bank adjusted its Energy original equipment order and revenue forecasts across 2026-2028, raised near-term Energy OE intake estimates, and provide…
Dell Technologies climbed sharply in pre-market trading after the U.S. Department of Defense awarded a five-year, $9.7 billion contract to Dell Federal Systems to consolidate Microsoft licensing and related services across the military, intelligence community and Coast Guard. The move, announced Wednesday, was followed by a $1.6 billion IREN purcha…
Tencent Healthcare President Alex Ng said smaller biotechnology companies tend to adopt artificial intelligence tools faster than large pharmaceutical firms because they are leaner and must find more efficient ways to work. He cautioned that large organisations with complex workflows do not always succeed simply by adding AI. Industry forecasts pre…
Caesars Entertainment shares rose nearly 2.0% in pre-market trading after the company disclosed a definitive agreement to be acquired by Fertitta Entertainment in an all-cash transaction valued at approximately $17.6 billion, including the assumption of about $11.9 billion of Caesars’ outstanding debt. The deal provides $31.00 per share to Caesars …
Unusual Machines shares jumped sharply in pre-market trading after reports that the Trump administration is negotiating direct funding for domestic drone firms and explicitly named the company as a target. The move was reinforced by a partner's selection into Phase II of a major Pentagon Drone Dominance Program and robust recent revenue growth.
Snowflake surged sharply in pre-market trading after reporting stronger-than-expected quarterly results, raising fiscal 2027 product revenue guidance and announcing a five-year, $6 billion spending commitment with Amazon Web Services. Management highlighted AI as a significant growth driver while the company confirmed plans to expand use of AWS Gra…
On May 28, Caesars Entertainment disclosed that Fertitta Entertainment, controlled by hospitality billionaire Tilman Fertitta, has agreed to acquire the company for $17.6 billion. The transaction values Caesars at $31 per share and includes approximately $11.9 billion in assumed debt. The proposal represents roughly a 50% premium to the company’s c…
Shares of multiple U.S. drone manufacturers climbed sharply after reports that the Pentagon is in talks with private drone companies about potential funding arrangements, including possible combinations of debt and equity. Market moves were led by Unusual Machines and followed by gains at Red Cat, AeroVironment, Kratos Defense & Security, Ondas and…
Berenberg has launched coverage of Aviva Plc with a buy rating and a price target of 800 pence, driven by a sum-of-the-parts valuation that values the company at £24 billion versus a market capitalisation of £18.82 billion at the London close on May 27. The bank projects steady increases in operating profit, net income, dividends and solvency metri…
Best Buy projected second-quarter revenue above Wall Street expectations after a first-quarter beat, citing continued demand for laptops and smartphones and expansion of its advertising and marketplace businesses. CEO Corie Barry will step down at the end of October and be succeeded by company veteran Jason Bonfig, who has outlined a strategy empha…
