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.
29,909 total articles
Futures tied to Canada’s primary stock index traded with little direction as market participants monitored developments in the Iran conflict and awaited key U.S. inflation figures. Volatility in oil prices driven by the fighting in the Middle East left sentiment around the commodities-heavy S&P/TSX sensitive, while U.S. futures hovered near flat an…
JPMorgan upgraded Oracle from Neutral to Overweight after the company reported fiscal third-quarter results that beat estimates on several metrics. The bank lowered its December 2026 price target to $210 from $230 but said a steep recent share selloff and pervasive investor pessimism have created a more attractive risk-reward setup. Key drivers cit…
Serve Robotics Inc. saw its stock rise 12% after announcing a collaboration with White Castle to deliver the chain’s menu items via Serve’s autonomous sidewalk robots on the Uber Eats platform. The arrangement makes robotic deliveries available to customers who order White Castle within Serve’s current delivery zone and extends Serve’s presence on …
Nike shares rose about 2% after Barclays upgraded the stock to Overweight from Equalweight and lifted its price target to $73 from $64. Analyst Adrienne Yih pointed to visible operational improvements in North America, progress on inventory management, and management’s disciplined moves as reasons the risk/reward profile now looks more favorable. B…
BNP Paribas lowered its rating on Smiths Group to neutral from outperform and cut its sum-of-the-parts target to 2,700p from 2,900p after reassessing the outlook for the company’s oil and gas-exposed John Crane division. The bank trimmed EPS forecasts for 2026-28 and highlighted weak comparable results from Rotork as the catalyst for the downgrade.…
Mediterranean Shipping Company (MSC) will introduce emergency fuel surcharges on a series of international shipping lanes beginning March 16, 2026. The levies specify per-container amounts on routes from Northern Europe and the Scanbaltic region to the Red Sea and East Africa, expand to numerous other corridors including Southern Africa and Asia, a…
Bank of America aggregated credit card data recorded a 3.8% year-over-year increase in overall credit card spending in February, the ninth consecutive month of acceleration and the strongest pace since January 2023. While annual growth rates picked up across several categories including restaurants and travel, month-over-month spending fell 5.4%, s…
BMW will recall 147,830 imported vehicles in China due to a manufacturing defect affecting the starter motor, the country’s State Administration for Market Regulation said. The defect can make vehicles difficult to start and, in extreme instances, could lead to a fire. The recall affects a range of 2 Series through 7 Series models and several SUVs …
Morgan Stanley analysts find that disruptions to oil supplies are unlikely to drastically curtail overall consumer spending because energy makes up a below-average share of household budgets. Their analysis differentiates between persistent and transitory oil shocks, highlights heightened vulnerability among younger, credit-constrained households, …
Two leading Taiwanese technology suppliers told investors that recent escalation in the Middle East has not so far interrupted their manufacturing or shipments. Pegatron warned that potential cuts to Middle East crude could create unpredictable effects on components and raw materials, while GlobalWafers said earlier logistics adjustments and existi…
Eli Lilly said it will invest $3 billion in China across the next ten years to expand production capacity for orforglipron, its investigational oral GLP-1 candidate for type-2 diabetes and obesity. The company submitted a marketing application for the drug to China’s regulator at the end of 2025 and intends to build a localized manufacturing and su…
UBS says European utility equities have held up better than the broader market amid a sharp jump in gas prices tied to Middle Eastern conflict. The Swiss broker highlights winners and losers within the sector, details the move in near-term and 2027 TTF futures, flags interest-rate sensitivity among renewables, and outlines macroeconomic implication…
A proposal by some advisers within the U.S. federal vaccine advisory system to potentially stop recommending mRNA COVID-19 vaccines has been abandoned, according to a report citing people familiar with the matter. The decision follows internal moves at the Department of Health and Human Services under Secretary Robert F. Kennedy Jr. to de-emphasize…
Indian equity benchmarks closed lower on Wednesday as losses across Auto, Banking and Real Estate sectors weighed on sentiment. The Nifty 50 slid 1.63% to a six-month low and the BSE Sensex eased 1.72%. Market breadth was negative on both exchanges, volatility rose, gold futures fell and crude oil climbed.
Advanced Micro Devices Chief Executive Lisa Su is scheduled to visit South Korea on March 18 to hold discussions with Samsung Electronics Chairman Jay Y. Lee and Naver’s CEO Choi Soo-yeon, according to a report. The talks are reported to center on securing supplies of high-bandwidth memory and broader collaboration on semiconductor provisioning for…
Barclays' proprietary analysis of financial disclosures linked to OpenAI and Anthropic suggests that hyperscale cloud operators may need to deploy far more capital into AI compute infrastructure than current Street forecasts assume. The bank estimates consensus could understate hyperscaler capital expenditure in calendar years 2027 and 2028 by in e…
UBS has reiterated a "buy" rating on Alcon and named the Swiss eye-care group its top large-cap pick, assigning a CHF95 price target that implies roughly 51% upside from the current CHF63.06 share price. The brokerage forecasts robust revenue and earnings growth through 2026, and highlights three upcoming product and clinical milestones that could …
Oracle shares rose roughly 10% in pre-market trading after the company increased its fiscal 2027 revenue forecast and reported a large increase in remaining performance obligations, signaling stronger near-term revenue prospects despite heavy investment in AI infrastructure and workforce changes. Management defended the company’s approach to AI too…
U.S. new-vehicle prices have risen sharply as automakers have concentrated inventory and marketing behind larger, more upscale models. That strategic shift has pushed the average transaction price to roughly $47,000 and reduced the number of lower-cost new models available. The trend is reallocating new-vehicle demand toward higher-income household…
Barclays' strategists warn that European equity markets could experience a meaningful correction if oil prices persist around $100 per barrel. Markets have so far reacted mildly to recent oil volatility tied to tensions in the Middle East, but Barclays estimates investors are underweighting the odds of a prolonged supply shock and flags potential h…
3i Infrastructure has agreed to invest about €300 million to acquire a majority position in Lefdal Mine Datacenter (LMD), an operational data center campus on Norway's west coast. The facility offers 37MW of running capacity with another 43MW contracted and under construction. The deal, managed with participation from the seller fund's largest inve…
Stellantis has placed a multi-part 5 billion euro hybrid bond offering to shore up its balance sheet and liquidity following a substantial 22.2 billion euro impairment tied to a reorientation of its electric vehicle strategy. The bonds, executed in three tranches, are perpetual subordinated instruments with varying non-call periods and coupons, and…
European equities fell on March 11 as investors reassessed the economic fallout from the 12-day Middle East war and parsed corporate updates that included delayed accounts and sales results. The STOXX 600 slipped 0.7% to 601.84 by 0819 GMT, while Germany’s DAX was the region’s weakest performer, down 1.2% and hit by a near 5% drop in Rheinmetall. R…
Indonesia's IDX Composite fell 0.55% at Wednesday's close, with Infrastructure, Agriculture and Basic Industry names dragging the market. Market breadth was negative with 385 decliners versus 328 gainers and 146 stocks unchanged. Notable intraday movers included large percentage gains for Danasupra Erapacific (DEFI), Griptha Putra Persada (GRPH) an…
Forterra has unveiled a £20m share repurchase program - roughly 6% of its market value - even as the group warns that exceptionally wet weather in early 2025 dented deliveries and will leave fiscal 2026 volumes roughly flat year-over-year. Management sees adjusted EBITDA marginally ahead of fiscal 2025 and expects net debt to remain at about 1x EBI…
