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.
30,139 total articles
Citi has upgraded its stance on U.S. equities to overweight from neutral, maintained an overweight on the U.K., and lowered emerging markets to neutral. The change is described as a tactical, defensive tilt driven by heightened geopolitical uncertainty following recent developments in the Middle East. Citi's commodities team expects near-term upwar…
Travere Therapeutics stock climbed 44% after the FDA approved FILSPARI to reduce proteinuria in adults and children aged 8 and above with focal segmental glomerulosclerosis (FSGS) who do not have nephrotic syndrome. FILSPARI is now the first FDA-approved therapy for FSGS and expands the drug's label beyond IgA nephropathy. Clinical trial data and a…
Goldman Sachs has downgraded Worldline from neutral to sell, reducing its 12-month price target to €0.23 from €0.40 and forecasting continued negative free cash flow through 2027 before a modest recovery in 2028. The bank highlights mounting leverage, limited capital reinvestment, and refinancing risks tied to upcoming bond maturities as key driver…
Lucid Group shares jumped after the EV maker secured $750 million in fresh funding - $550 million from an affiliate of the Public Investment Fund and an additional $200 million from Uber - alongside an expansion of its robotaxi agreement with Uber to at least 35,000 vehicles. The capital infusion accompanies a planned management transition and high…
Peter Magyar’s landslide victory and the center-right Tisza party’s incoming government have prompted investor optimism that strained relations with the European Union can be repaired and withheld funds released. The potential unfreezing of roughly 18 billion euros in EU support, plus policy pledges ranging from judicial reform to joining the Europ…
UBS analysts warn that recent movements in G10 yield curves, driven in part by an energy shock linked to the Middle East conflict, may have led markets to overestimate how much central banks will raise policy rates. The bank highlights the difficulty of separating genuine shifts in rate expectations from higher risk premiums demanded by investors a…
Barclays reduced its recommendation on European small-cap equities to neutral, citing deteriorating macro momentum and a firmer European Central Bank stance. While valuations for the small-cap factor remain appealing, the bank says the current environment - including weaker nowcasts, rising implied ECB rates and low investor crowding - does not sup…
A Bank of America survey of 193 fund managers overseeing $563 billion in assets found sentiment slid to its weakest point since June 2025 in April. Respondents cut growth expectations dramatically, sharply raised inflation forecasts and shifted allocations away from equities toward cash, the U.S. dollar and telecom stocks.
Wells Fargo reported higher first-quarter profit driven by a 5% rise in net interest income and a surge in markets revenue. The bank has used the removal of a seven-year, $1.95 trillion asset cap to expand its balance sheet and focus on growth in credit cards and auto lending, while volatile markets benefited trading results. Shares slipped in prem…
BMW reported a 3.5% decline in global vehicle deliveries for the first quarter of 2026, selling 565,748 vehicles as weaker demand in China and the United States offset gains in Europe. Battery electric vehicle deliveries fell 20.1% in the quarter. The company’s experience in China aligns with reduced shipments reported by other major German manufac…
Johnson & Johnson reported first-quarter revenue and adjusted earnings that topped analyst expectations, driven by robust demand for cancer drug Darzalex and psoriasis treatment Tremfya. Those gains helped offset a roughly 60% drop in sales of Stelara after it lost patent protection. The company raised its full-year 2026 revenue and adjusted earnin…
Goldman Sachs said the U.S. dollar strengthened Tuesday morning after weekend developments, as energy prices climbed and equities sold off. The bank said recent currency moves reflect relative terms-of-trade shifts more than a broad change in risk appetite, and it retains a bearish view on the Philippine peso, Thai baht and Indian rupee due to expo…
Piper Sandler analysts reduced ratings on several enterprise software names, citing a rapid industry pivot toward AI monetization, weaker-than-expected cloud migration progress, and macroeconomic pressures centered in Europe. SAP was downgraded to neutral with a lower price target, while collaboration software peers Asana and Monday.com also saw cu…
BlackRock reported an increase in first-quarter net income, supported by strong inflows into its exchange traded funds, particularly active ETFs marketed as low-cost ways to capture market dispersion. Total assets under management rose to $13.89 trillion year-over-year, while the company’s stock has lagged some peers so far in 2026.
RBC anticipates that UK wealth managers delivered robust net flows in the first quarter of 2026 thanks to favorable conditions in January and February, but increasing market volatility in March likely reduced trading activity and prompted modest downward revisions to flow estimates for most firms. The bank expects decent sector-level results, point…
HSBC has reworked its EMEA mining coverage in response to supply shocks tied to the Middle East conflict, upgrading Glencore to Buy and lifting targets for several African miners. The bank highlights aluminium, copper, platinum and rhodium as favoured exposures and warns of second-order effects - including sulphur scarcity, freight bottlenecks and …
Adyen NV is highlighted by Citi Research as a leading European payments stock, backed by steady e-commerce patterns, improving merchant metrics and technology advantages that support an expected roughly 20% foreign-exchange-neutral revenue gain in the first quarter. Citi emphasizes Adyen's fully in-house, licensed technology stack, AI-enabled fraud…
Jefferies cut its 2026 earnings growth forecast for small- and mid-cap stocks to 11.5% from 13.5%, attributing the reduction to higher oil and gasoline prices linked to the war in Iran. The firm balanced two scenario outcomes - stronger GDP-driven growth and a weaker outcome tied to rising fuel costs - to arrive at the revised figure, and made seve…
LVMH reported first-quarter sales hit by reduced spending from Middle Eastern shoppers as the war in Iran cut into mall traffic and travel. The group said the conflict subtracted at least one percentage point from global sales, and its shares fell as much as 3% on the reaction. Executives and analysts warned the disruption could weigh on profitabil…
JPMorgan updated its ratings on a group of UK small- and mid-cap internet companies, pointing to pronounced sector volatility and near-term operational pressures. The bank kept overweight stances on a number of names, downgraded or placed others on watch, and reiterated specific financial metrics and valuations for each company it covered.
Jefferies analysts say small and mid-cap UK retailers are trading below their long-term norms but are better positioned to manage inflationary shocks than during the 2022-23 episode. After hosting 10 sector companies, the bank highlighted company-level resilience, ongoing market share gains and broader hedging programs, while cautioning that the Mi…
Gerry Keefe, who led HSBC's commercial and investment banking operations for Europe and the Americas, has resigned. The bank confirmed the departure in an internal memo and appointed Jo Miyake, head of Asia and the Middle East banking, as interim. Keefe had been in the role for about a year, having joined HSBC from Citigroup in 2021. The move comes…
Bank of America analysts find that interest rates look oversold despite oil market disruptions that resemble the 1973 and 1979 shocks. The bank's survey respondents expect elevated oil prices over the coming months, and its positioning data shows broad selling across the yield curve. BofA recommends buying front-end SOFR M8 futures and selectively …
BMW reported a 3.5% year-on-year decline in global deliveries for the first quarter of 2026, with total deliveries of 565,748 units. Gains in Europe and at MINI were outweighed by softer sales in the United States and China. The automaker saw notable growth in fully electric vehicle orders in Europe but overall brand and performance-segment volumes…
Delta Air Lines has quietly removed a 2030 sustainable aviation fuel (SAF) use pledge from its sustainability webpage and reworded its goal to reach net-zero emissions by 2050 as an "aspiration." The carrier says SAF remains important to decarbonising flight but that slow development of alternative fuels is threatening the aviation industry’s emiss…
