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.
29,438 total articles
Walmart shares fell in pre-market trading after Oppenheimer cut its rating to Perform from Outperform and withdrew a $140 price target, pointing to potential top-line pressure in the company’s U.S. pharmacy business linked to the Inflation Reduction Act. The downgrade, issued just over two weeks before Walmart reports Q2 results on August 20, comes…
Saudi Arabia's stock market closed modestly higher on Tuesday, with the Tadawul All Share up 0.32% to a one-month high. Industrial Investment, Cement and Insurance names were among the top performers. Energy benchmarks fell, while gold futures advanced. Currency pairs showed small moves against the riyal.
Deutsche Lufthansa AG suffered its largest one-day decline in months after reporting Q2 2026 adjusted EBIT down 56% year-over-year to €383 million despite record revenue of €11.14 billion. Management reduced full-year adjusted EBIT guidance to a range of €1.7 billion to €2.2 billion and lowered adjusted free cash flow and net capex expectations. Th…
Cummins reported second-quarter EPS of $6.73, below the Wall Street consensus of about $7.26, while revenue beat forecasts at $9.5 billion. The earnings shortfall versus elevated expectations, ongoing margin pressure in key segments, and roughly $9.8 million of insider net selling over the prior three months drove a 7.5% decline in pre-open trading…
Cummins reported second-quarter 2026 revenue slightly above estimates but missed on earnings per share, prompting a 7.5% pre-open decline. Investor concern centers on a $0.53 EPS shortfall versus consensus, flagged margin pressure in Engines and Components into Q3, and notable insider share sales over the prior three months.
Federal Reserve Chair proposed reducing the conventional calendar of policy meetings from eight to six annually, while adding two additional meetings devoted to substantive economic issues, according to a report. Bank of America analysts say markets could adapt but urge clear, early scheduling to avoid disruptions in short-dated instruments like FO…
Zalando shares slid 12.33% to €25.52 following Q2 2026 results that showed headline revenue up 20.8% but revealed much weaker organic performance once the ABOUT YOU acquisition is excluded. Reported GMV rose 20.7% to €4.92 billion, yet pro-forma GMV growth was only 4.4%. Management refined guidance toward the lower half of its 12 to 17 percent GMV …
A federal procurement deadline set for January 1, 2027, combined with new executive and funding actions, has created a major supply-demand mismatch for rare earths and related critical minerals. Domestic magnet demand far outstrips current U.S. production capacity, and government guarantees - including offtake contracts and a $12 billion stockpilin…
Bitdeer Technologies rallied sharply in pre-market trading after its wholly-owned unit, Tydal Data Center AS, executed a 16-year colocation lease with Volta Tydal AS at the Tydal campus in Norway. The contract secures roughly $4.7 billion in revenue and includes an optional eight-year extension that could increase the total to about $8 billion acro…
JPMorgan lowered Nike Inc. (NKE) to Underweight and trimmed its price target to $40 from $47, citing a multi-year hit to earnings driven by a China online reset and North America store closures. The call has pushed shares down in pre-market trading to $41.32, but it conflicts with a broad Street consensus that still skews positive. The firm’s forec…
Fitch Ratings affirmed IG Group Holdings PLC and IG Markets Limited at 'BBB' but moved the outlook to Negative from Stable, citing the potential for higher medium-term leverage following IG's partly debt-funded proposed acquisition of Underdog Sports Holdings, Inc. Fitch expects the transaction to lift gross debt/EBITDA from 0.9x at end-June 2026 a…
Energy Transfer units climbed sharply in pre-market trading after the Dallas-based midstream partnership reported second-quarter 2026 results that notably exceeded expectations. The company delivered adjusted earnings per unit and revenue well above consensus and raised full-year adjusted EBITDA guidance, a combination that investors interpreted as…
Murata Manufacturing's stock has tumbled roughly -30% over the past month even as the company posted a meaningful operating profit beat in Q1 and lifted full-year operating profit guidance by 13% to ¥430 billion. Key demand indicators - high factory utilization, a 1.47x book-to-bill, and accelerating AI and automotive MLCC sales - point to continue…
Morgan Stanley reports a modest improvement in U.S. retail alcohol sales for the four weeks ended July 25, with spirits showing relative strength during the period while beer remained generally soft. The broker notes the latter stages of the FIFA Club World Cup likely helped spirits demand but that this consumption was concentrated in bars and rest…
Societe Generale told clients it expects the S&P 500 to climb to 8,000, citing broadening earnings strength beyond the technology sector, record margins across most sectors and strong upgrade activity. The bank urged investors to 'buy the momentum dip' while noting that a market reversal would require unusually aggressive tightening and a yield-cur…
Cummins reported second-quarter profit that fell short of analysts' expectations even as revenue rose and demand for generators and North American trucks strengthened. The company raised its 2026 revenue growth outlook, led by gains in its Power Systems, Distribution and Accelera businesses, but struggled to translate stronger equipment demand into…
A multi-faceted infrastructure agreement will deliver significant AI computing power to a new Tydal, Norway data center. The arrangement links cloud infrastructure startup Volta with operator Bitdeer and, according to reports, secures capacity for a leading AI lab through a $10 billion, six-year contract. The project includes a long-term colocation…
Corvex, Inc. stock climbed 88.7% in pre-market trading after the Arlington, Virginia-based AI cloud computing firm announced a multi-year agreement to supply clusters of NVIDIA Blackwell GPUs, linked by NVIDIA Quantum-2 InfiniBand networking, to an unnamed leading AI customer. The deal expands on an earlier commitment, bundles dedicated storage and…
Anheuser-Busch InBev briefly reached a 52-week high of $86.60 before retreating to $84.05. The stock is up 44.4% over the past year after a stronger-than-expected Q2 2026 report and a flurry of analyst support, including a Wells Fargo target of $97 and an InvestingPro fair value of $140. Key drivers include revenue per hectoliter gains, rapid growt…
Aug 4 - Fidelity National Information Services (FIS) reduced its full-year 2026 revenue and adjusted earnings per share targets, attributing the change to heightened economic uncertainty that has made some clients more cautious about technology spending. The announcement pushed FIS shares down more than 10% in premarket trading. The company reporte…
Corning (GLW) has traded through sharp swings in recent sessions - a 16% post-earnings sell-off on July 28 after conservative Q3 guidance, followed by a rebound and an early-August pre-market spike tied to a proposed U.S. restriction on Chinese data center optical transceivers. The company beat Q2 expectations on revenue and adjusted EPS, and its o…
Space Exploration Technologies Corp. stock rose 3.1% in pre-market trading to $118.07 as investors build positions ahead of the company’s first audited quarterly earnings report since its June IPO. Strong analyst support, heavy short interest and a risk-on market backdrop are combining to lift the shares, while an approaching lock-up expiry and ele…
Three sell-side initiations from Stifel, Wolfe Research and RBC Capital Markets conclude that SK hynix is well positioned to benefit from sustained AI-driven demand for memory, constrained industry capacity and upcoming contract repricing in high-bandwidth memory (HBM). The analysts set ADR price targets between $200 and $240, highlighted market-sh…
Chevron reported its strongest quarterly earnings in six years with Q2 FY2026 EPS of $6.06, beating estimates by a wide margin. The profit surge, driven by higher crude prices linked to the Iran war, was followed by public pressure from President Trump to reduce retail gasoline prices. That sequence raises several distinct risk vectors - from volun…
Oppenheimer reduced Walmart's rating to Perform from Outperform and eliminated its $140 price target, flagging a less compelling near-term investment case ahead of the retailer's August 20 earnings report. The firm trimmed its same-store sales forecast for Walmart U.S., highlighted potential pharmacy-related pressure tied to the Inflation Reduction…
