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.
30,117 total articles
The Securities and Exchange Board of India has floated a discussion paper proposing that companies be allowed to repurchase shares directly on stock exchanges through a dedicated window. The regulator says recent tax amendments have removed earlier objections related to unequal tax treatment, and it has invited public comments by April 23. SEBI sug…
Leapmotor reported 110,155 new energy vehicle deliveries in the first quarter, a near 26% year-over-year increase and the company’s fourth consecutive quarter above 100,000 units. The Hangzhou-based automaker also delivered 50,029 vehicles in March and has set ambitious targets for domestic and overseas sales while expanding retail and service foot…
The conflict in the Middle East has unsettled global financial markets, strained logistics and disrupted the flow of raw materials. Several companies across sectors have reacted by delaying initial public offerings or retracting dividend proposals to preserve cash and wait for calmer market conditions.
Domestic hot-rolled coil and rebar prices in India rose sharply week-on-week, while domestic spreads and steel equities benefited from a safeguard duty and falling inventories. Key commodity benchmarks showed mixed moves, with iron ore stable and coking coal slightly firmer. The interim safeguard duty remains in place through April 2028.
Jefferies is analysing potential U.S. tariffs of up to 100% on selected pharmaceutical imports under a Section 232 probe. The bank says plans are not final, generics are expected to be exempt, and Sun Pharma could be the most directly affected among Indian drugmakers given its mix of innovative products sourced from jurisdictions with negotiated ta…
Oric Pharmaceuticals saw its shares tumble after releasing dose-optimization data for 400 mg rinzimetostat paired with darolutamide in metastatic castration-resistant prostate cancer. The study's efficacy metrics were broadly in line with those reported for a competing regimen, drawing a range of analyst responses and leaving the company focused on…
UBS points to selective opportunities within real estate amid an environment of higher bond yields, inflation uncertainty, and geopolitical risk. The bank highlights two companies - a West End-focused UK property owner with low leverage and high occupancy, and a Belgian logistics developer with CPI-linked leases and a pre-let pipeline - as candidat…
Wells Fargo analysts say total Medicaid enrollment in the first quarter is tracking to a 2% quarterly decline, driven in part by eligibility verification activity rather than macroeconomic trends. Expansion enrollment fell about 1% quarter-over-quarter, with monthly state-level declines of 0.8% in January, 0.7% in February and 0.5% in March. Califo…
Sky Quarry Inc. (NASDAQ:SKYQ) saw its stock climb roughly 120% on Thursday as rising Brent crude prices and reductions in West Coast refining capacity underscored the strategic importance of the company’s Foreland Refinery in Nevada. The small, in-state facility and Sky Quarry’s Utah bitumen asset attracted investor attention amid supply shifts and…
Wells Fargo's preview of first-quarter results in the U.S. software sector finds investors increasingly selective, with a pronounced tilt toward companies viewed as defensible beneficiaries of artificial intelligence spending. The bank favors Datadog and HubSpot for the quarter and identifies guide credibility and AI-related data points as likely d…
Sigma Lithium's stock climbed after the miner secured a $100 million collateralized bank guarantee from a major Brazilian bank, collateralized by the company’s clients. The financing is intended to support construction of a second Greentech industrial plant that would raise annual production capacity from 270,000 to 520,000 tonnes of lithium oxide …
Analysts expect Eli Lilly’s newly approved oral weight-loss drug Foundayo (orforglipron) to produce billions in sales as early as 2026. Broker forecasts range from roughly $1.5 billion to $2.8 billion for 2026, reflecting both robust demand potential and uncertainty around initial rollout mechanics. Market watchers say Foundayo’s manufacturing simp…
Morgan Stanley downgraded Neste Corporation to equal-weight from overweight and cut its price target to €27 from €28.50 after the company's shares have rallied roughly 40% year-to-date, leaving limited upside in the broker's view. The firm highlighted that earnings upgrades have been realised and warned that renewable diesel and sustainable aviatio…
Shares of major energy companies rose sharply as crude prices jumped following a televised address in which President Donald Trump said the U.S. would intensify strikes on Iran. Benchmark crude futures climbed roughly 8% in response, while some market participants paused trading of cargoes tied to Middle East benchmarks amid growing concerns about …
Wix.com Ltd. posted a 2% intraday gain Thursday even as broader markets weakened, after a preliminary tally from Equiniti Trust Company indicated that 18,718,009 shares were properly tendered and not withdrawn in the company’s modified Dutch Auction tender offer at a purchase price of $92.00 per share. The preliminary figures imply Wix intends to r…
Morgan Stanley says European defence equities are trading roughly 20% below recent peaks and that price-to-earnings multiples have slid from about 23x to near 20x, even as geopolitical developments strengthen the case for increased spending. The firm attributes recent weakness to positioning-driven selling and broader market dynamics while noting p…
Wolfe Research warned that a proposed White House plan to replace a 50% tariff on non-U.S. steel and aluminum content with a 25% tariff on the full value of imports could raise headline tariff exposure for many U.S. companies with Mexican manufacturing. The firm highlighted that typical steel and aluminum content is often 30-35% or less of a produc…
Bank of America analysts report that internet equities fell an average of 23% in the first quarter, markedly underperforming the S&P 500's 5% decline. The firm cites five central investor worries - capex and falling return on invested capital, new IPOs and fund-flow dynamics, potential disruption from artificial intelligence, macro uncertainty tied…
UBS has published a Global High-Quality Dividend Stock List containing six names from multiple sectors and regions that its quantitative models and sector analysts judge to carry a relatively low likelihood of dividend reductions. The list feeds a tradable index and highlights regional and sector differences in modeled dividend cut risk and forecas…
London’s principal stock indexes ended a three-day winning streak on Thursday after US President Donald Trump signaled a tougher stance toward Iran, undercutting earlier hopes for a rapid ceasefire. The FTSE 100 slipped while midcaps fell more sharply, even as the energy sector jumped on concerns over possible sustained supply disruptions. Market p…
UBS Global Oil and Gas says the conflict involving Iran keeps the risk to oil and gas prices skewed to the upside. With limited clarity on restored flows through the Strait of Hormuz, the firm estimates sizable supply shortfalls and warns that sustained disruptions could push inventories below historical ranges and lift prices above $150 per barrel…
Goldman Sachs completed its acquisition of Innovator Capital Management on April 2, bringing 171 ETFs and roughly $31 billion in assets into the firm's ETF lineup and boosting Goldman Sachs Asset Management's ETF assets under supervision to $90 billion. Key Innovator executives and more than 70 employees will join Goldman following the roughly $2 b…
RBC Capital Markets upgraded Berkeley Group Holdings to "outperform" from "sector perform" while lowering its price target and downgrading medium-term volume and profit forecasts after the housebuilder issued a strategic update that sent shares down roughly 10%. The bank applied a 1x price-to-tangible net asset value multiple to average FY2026-FY20…
Goldman Sachs notified its Paris employees they could work remotely on Thursday after authorities foiled a bomb attack on Bank of America’s Paris offices. Citigroup also moved staff in Paris and Frankfurt to remote work as a precaution. French anti-terror prosecutors have placed four suspects in pre-trial detention in connection with the plot, and …
Immunovant's shares dropped sharply in premarket trading after the company announced that both Phase 3 GO trials of batoclimab for active, moderate-to-severe thyroid eye disease failed to achieve the pre-specified primary endpoint. While no new safety concerns emerged, the company noted stronger proptosis improvement during the high-dose period and…
