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.
18,054 total articles
Bitmine Immersion Technologies Inc priced an enlarged Series A perpetual preferred offering totaling $280 million, and its common stock fell in premarket trading. The deal increases the previously announced size of the issue and outlines planned uses for net proceeds, dividend mechanics, redemption terms and an expected NYSE listing for the new pre…
Allianz SE is engaged in advanced negotiations to acquire Caravela Seguros, sources with knowledge of the discussions said. Talks involve major shareholders, including London-based Toscafund, which owns 48% and has retained Mediobanca to advise on a potential sale. A separate group of more than 20 investors also intends to sell stakes. The Lisbon-b…
Pinnacle Food Group Limited announced a change in its finance leadership that takes effect June 1, 2026. Wencai Pan was dismissed as chief financial officer and Dr. Yunhao Chen will assume the CFO role. The stock traded down 3.2% in premarket trading on the news. Dr. Chen, an existing independent director since April 2025, will step down from that …
BTIG cut its rating on Lululemon Athletica from Buy to Neutral, pointing to weakening sales trends, lower earnings visibility and uncertainty tied to an upcoming CEO transition. The note follows a mixed first-quarter report, a revised full-year EPS outlook and management guidance showing a year-over-year sales decline in Q2 - the first since the CO…
Corporate insiders and large shareholders filed a series of notable transactions on Thursday, including concentrated purchases by directors at Krispy Kreme, Xometry, Summit Therapeutics, TWFG and LTC Properties, and substantial sales by an Nvidia director, Walton Family Holdings Trust and multiple Silver Lake-affiliated entities linked to Dell Tech…
Nvidia CEO Jensen Huang confirmed on June 5, 2026 that Samsung Electronics, SK Hynix and Micron have been certified to supply HBM4 high-bandwidth memory for the company’s new Vera Rubin AI accelerator. The announcement comes as Vera Rubin enters full production following its June 1, 2026 unveiling in Taipei and amid tight global semiconductor suppl…
Nuwellis Inc (NASDAQ:NUWE) shares plunged 65.2% in premarket trading after the company announced a public offering of 20,000,000 common shares with attached warrants priced at $0.30 per share, expected to generate roughly $6 million in gross proceeds. The package includes Series C and Series D warrants with an exercise price of $0.30, exercisable f…
Morgan Stanley published its weekly prescription-tracking figures for select U.S. neurology medicines using IQVIA data for the week ending May 29. The data show modest year-over-year growth in the broader antipsychotic category and for several individual products, while week-over-week comparisons frequently show declines amid a holiday week. Rollin…
BioCardia Inc. (NASDAQ: BCDA) saw its shares surge in premarket trading after the FDA's Center for Biologics Evaluation and Research provided meeting minutes confirming that the ongoing CardiAMP Heart Failure II Trial may serve as one of the studies to support a Premarket Approval application for the CardiAMP Cell Therapy System. The system targets…
Western Asset Management, a unit of Franklin Resources, has agreed to pay a $100 million civil penalty to resolve Securities and Exchange Commission charges that its former co-chief investment officer engaged in a trade allocation scheme that favored certain portfolios between January 2021 and October 2023. The SEC alleged the firm failed to stop t…
Village Farms International said it has entered into securities purchase agreements to sell 7,500,000 common shares in a registered direct offering that is expected to generate about $15 million in gross proceeds. The announcement prompted an 8.9% decline in the company's shares in premarket trading. The offering, arranged by A.G.P./Alliance Global…
Morgan Stanley projects that SpaceX may generate $3.4 trillion in revenue by 2040, driven largely by the companys AI operations. The bank also expects roughly $190 billion in AI revenue by 2030 and total revenue of about $330 billion that year. The forecasts come as SpaceX begins investor meetings for an IPO that targets $75 billion in proceeds.
Bank of America has cut its forecast for India’s fiscal 2027 GDP growth to 6.5% from 7.0%, citing the ongoing West Asia conflict and its effects on oil and trade. The note follows stronger-than-expected GDP prints for fiscal 2026 but highlights softer manufacturing output, slower export growth and subdued nominal GDP expansion. The firm also brough…
Allianz SE has submitted an offer and is in advanced negotiations to acquire Lisbon-based non-life insurer Caravela Seguros, Bloomberg reported, citing people familiar with the matter. The potential deal would add a company with a roughly 2.6% share of Portugal's non-life market to Allianz's local portfolio. Toscafund, which owns a 48% stake, has e…
Point72 Asset Management has recruited alpha-capture specialist Ricky Nardis to help evaluate and potentially build a program that gathers trading insights from other hedge funds. The initiative is in an exploratory phase, and the firm’s plans may change. Similar efforts are being prepared at Citadel, and the approach builds on a model pioneered by…
TeraWulf is actively pursuing access to the leveraged loan market as it scales AI and high-performance computing infrastructure, following a $3.2 billion high-yield bond sale. The company's CFO said it is collaborating with Morgan Stanley and other banks to design loan offerings, while expecting its next financing to probably be another high-yield …
William Blair says Blue Origin’s anticipated resumption of launches this year offers upside to AST SpaceMobile and Karman after the New Glenn launchpad explosion. Company executives and analysts outlined expectations at William Blair’s 46th Annual Growth Stock Conference, where both AST SpaceMobile and Karman reiterated operational targets and reve…
Sika, the Swiss construction chemicals maker, is reshaping its China operations to capture renovation projects in saturated megacities and is pursuing share gains in U.S. roads and bridges. CEO Thomas Hasler told Finanz und Wirtschaft that automotive demand in China remains steady despite subsidy pullbacks and that data centers are a clear growth a…
Baird has labeled Coinbase Global as a Bearish Fresh Pick, forecasting a Q2 revenue shortfall driven by plunging trading volumes and warning that the stock's lofty valuation could face a sharp contraction. The firm also cited a likely delay to the CLARITY Act before the November midterms and raised concerns about competitive pressure from banks and…
U.S. stock futures moved unevenly Friday morning as geopolitical tensions in the Middle East and a cooling artificial intelligence trade weighed on sentiment ahead of the latest U.S. jobs report. Among individual names, DocuSign and Lululemon slid in premarket trading, while Merlin, Cooper Companies and Chipotle attracted buying interest.
Morgan Stanley projects that SpaceX could generate $3.4 trillion in revenue by 2040, driven largely by rapid expansion of its artificial intelligence business. The firm also models significant near-term growth, forecasting about $190 billion in AI revenue and roughly $330 billion in total revenue by 2030. SpaceX has begun investor meetings as it pu…
Premier Li Qiang told a State Council executive meeting that the Chinese government will promote the formation of more startups, specialized companies and unicorns within designated strategic industries. The measures described include expanded employment support, a push for flexible employment arrangements, channelling more foreign capital into adv…
Bank of America reports that fixed income funds experienced their strongest weekly inflows in six years, reaching levels not observed since June 2020. The buying was broad-based across investment-grade, high-yield, government, loan, emerging market and money-market strategies, extending a multi-week trend of investor preference for debt instruments…
Sika AG is modifying its China strategy to capture renovation demand in saturated urban centres while pursuing expansion in U.S. infrastructure projects and data centre construction globally, CEO Thomas Hasler told Finanz und Wirtschaft. The company has fragmented its Chinese operations and broadened its focus from new-builds to include refurbishme…
Bernstein says AstraZeneca’s non-oncology division could drive the majority of the company’s midterm growth, estimating higher revenues than consensus and highlighting large gaps between its own forecasts and market expectations for several late-stage and approved products. The broker retains an outperform rating and a price target implying roughly…
