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.
30,116 total articles
Randian Capital, a New York-based retail activist, has sent an open letter to Snap's CEO Evan Spiegel calling for immediate, forceful measures to restore shareholder value. The firm — which holds economic exposure to more than 160,000 shares through common stock and options — urged the separation of Spectacles, deep cost controls including lower st…
The Swiss government has paused payments tied to its order of the U.S. Patriot air defence system until Washington provides firm delivery dates. Officials say the delivery timeline and payment milestones remain unclear and that cancellation of the purchase is an option. Defence Minister Martin Pfister indicated the government still expects to acqui…
Morocco's stock market closed higher on Wednesday, with the Moroccan All Shares index rising 2.29% at the Casablanca exchange. Gains in the Banking, Beverage and Transport sectors supported the advance. Leading individual movers included SMI, Miniere Touissit and Managem, while Sanlam Maroc SA, S2M and Micro Data SA registered the largest declines.…
Raymond James upgraded UnitedHealth Group to Outperform from Market Perform and set a $330 price target, saying potential artificial intelligence deployments and margin gains at Optum Health could push earnings well above consensus. The firm raised 2027 and 2028 EPS estimates and modeled recurring G&A improvements tied to AI-driven cost reduction a…
Versigent has launched as an independent, publicly traded company on the New York Stock Exchange and will prioritize its automotive electrical architectures business while selectively redeploying capabilities into adjacent sectors such as energy storage, commercial and off-highway vehicles, agriculture and industrial automation. Management emphasiz…
Greek equities finished higher on Wednesday, driven by gains in banking, construction and travel-related names. The Athens General Composite advanced 3.15% at the close. Market breadth favored advancers, while commodity and currency markets recorded mixed moves, with gold and the euro stronger and oil and the U.S. dollar weaker.
Shares of Alcoa and Century Aluminum rose sharply Wednesday after reports that Emirates Global Aluminium's Al Taweelah smelter in the United Arab Emirates suspended operations following missile and drone strikes. The strike reportedly caused a power loss and an uncontrolled potline shutdown, with metal solidifying inside smelting circuits and produ…
Stocks moved sharply on Wednesday, led by strong rallies in chipmakers Intel (INTC) and Micron Technology (MU). Several mega-cap and smaller-cap names recorded notable gains, while a subset of large-cap and energy companies retreated. The session featured company-specific headlines including Micron's debt tender offer pricing, a Wells Fargo initiat…
Huawei reported 2025 sales of 880.9 billion yuan, a 2.2% increase from the prior year and its second-highest annual revenue on record. Growth was driven by modest gains in consumer devices and information and communication technology infrastructure, while cloud revenue declined and intelligent automotive solutions posted a large jump. The company s…
REalloys and U.S. Critical Materials Corp have signed a memorandum of understanding to develop a fully domestic rare earths supply chain. Under the agreement, REalloys will take up to 10% of output from the Sheep Creek deposit in Ravalli County, Montana. The deposit contains high concentrations of heavy rare earths like dysprosium and terbium, whic…
Wolfe Research identifies semiconductors as the most significant driver of S&P 500 earnings growth, estimating the group will account for roughly 39% of the index's year-over-year gains in 2026. Technology as a whole is projected to supply more than half of the index's earnings growth, with Micron and NVIDIA named as the principal contributors. Mea…
Franklin Templeton has agreed to acquire 250 Digital, a cryptocurrency investment unit spun out of venture firm CoinFund, and will rebrand the combined operation as Franklin Crypto. The transaction, whose financial terms were not disclosed, is slated to close in the second quarter of 2026 subject to customary conditions, including client approvals.…
A federal judge has dismissed a lawsuit claiming Peloton Interactive concealed quality and safety problems with its exercise bikes, including allegations that factory workers were directed to hide rust on seat frames before shipment. The decision holds that shareholders did not demonstrate Peloton knowingly defrauded investors and that the company …
Benchmark Equity Research has started coverage on five residential real estate-related companies, assigning Buy ratings and specific price targets as the sector trades roughly 50% below its 52-week highs. The firm cites a potential housing market reset after three years of subdued existing home sales, but notes recent geopolitical events and mortga…
Hasbro announced it is probing a cybersecurity incident after detecting unauthorized access to its network on March 28. The company has enlisted third-party cybersecurity specialists, taken some internal systems offline and put temporary measures in place to keep accepting orders and shipping products. Hasbro warned its business continuity plan cou…
Jefferies has outlined the broad economic and environmental consequences of supply disruptions in the Strait of Hormuz, noting the waterway's central role in global oil and LNG shipments and describing how the interruption amplifies costs across transportation, fertilizer production and biofuel markets. The firm warns of a multifaceted food price s…
McCormick plans to merge with Unilever’s food business to form a combined company valued at roughly $65 billion, positioning itself to capture rising global demand for flavorful, lower-calorie foods. Executives say expanded scale and a portfolio of well-known condiment and spice brands will help offset a slowing U.S. market. Investors pushed shares…
Intel Corporation's stock climbed 2.5% as the company announced a definitive agreement to repurchase Apollo-managed funds' 49% equity stake in the Ireland Fab 34 joint venture for $14.2 billion. The buyback, which returns a stake Apollo acquired in 2024 for $11.2 billion, will be funded with cash on hand and approximately $6.5 billion of new debt a…
Software equities suffered their worst quarterly performance since late 2008, with the iShares Expanded Tech-Software ETF (IGV) falling sharply over the first three months of the year. TD Cowen points to negative investor sentiment, a long-semiconductor/short-software trade, AI model announcements and booking misses at major SaaS firms as contribut…
Morgan Stanley says recent strikes in the Middle East that reportedly forced shutdowns at large regional smelters have tightened the aluminum market. Reported stoppages would remove roughly 2.4 million tonnes per annum - about 3.2% of global supply - with broader unconfirmed reports pushing that figure toward 3 million tonnes per annum or 4% of sup…
Intel will pay $14.2 billion to repurchase the 49% stake Apollo Global Management acquired in the Leixlip, Ireland manufacturing facility, regaining complete control of Fab 34. The transaction will be financed with cash on hand and roughly $6.5 billion of new debt. Intel says the move reflects stronger finances and rising demand for its data-center…
A series of significant insider trades hit SEC filings between March 27 and March 31, 2026, spanning biotech, travel technology, royalty trusts, distribution, and large-cap tech. Zenas BioPharma saw a combined $2.52 million in purchases from its CEO and a director tied to an underwritten offering, while Navan drew a $1.2 million buy from a director…
Morgan Stanley's recap of March China auto data highlights a mix of rising monthly deliveries, expanding overseas shipments and a slate of near-term model launches. BYD's overseas sales accelerated in March, Li Auto beat its guidance on i6 deliveries, NIO reported sizeable month-on-month gains across multiple brands, and Geely showed modest growth …
UBS warns that Europe’s auto sector is under pressure from effects tied to the ongoing Middle East conflict, including higher energy and input costs, supply-chain disruption and uncertain demand. The sector has fallen about 10-15% since the conflict began. UBS favors companies with clear turnaround catalysts, naming Stellantis and Continental as it…
Bernstein upgraded Western Digital to Outperform from Market Perform and lifted its price target to $340 from $170, arguing the recent drop tied to concerns over Google's TurboQuant compression algorithm was an overreaction disconnected from fundamentals. The broker says TurboQuant affects only KV caches during AI inference, has no effect on hard d…
