stock market

Morgan Stanley lifts S&P 500's annual target on hopes of earnings-driven rallies

Morgan Stanley raised its annual target for the benchmark S&P 500 index on Wednesday, saying U.S. stocks have enough room to rally as companies continue to post strong earnings.

Japanese automaker Nissan reduces losses and expects to return to profit

Japanese automaker Nissan says it reduced losses for the fiscal year through March

Ananym urges BWX Technologies to commercialize reactor design, says shares could double

Activist investor Ananym Capital Management sees room for BWX Technologies' stock to double in coming years if the defense and energy company

Trading Day: AI beats Iran impasse

U.S. and world stocks touched new highs on Monday, as artificial intelligence fever continued to outweigh the prolonged U.S.-Iran impasse.

Novo and Lilly gain on signs weight-loss pills could expand the market

Early data from weight-loss pills are lifting shares in Novo Nordisk and Eli Lilly as investors bet that easier-to

Beyond Meat forecasts muted second-quarter sales on weak demand

Beyond Meat forecast current-quarter revenue below Wall Street expectations on Wednesday, as it grapples with sluggish demand for its once-iconic plant-based products. 

Stocks hit records on tech earnings, oil slide from prospect of Iran deal

Stocks surged to fresh records and oil prices dropped on Wednesday after a report that the United States and Iran are closing in on an

BHP CFO says new investors buying in on copper exposure, AI demand

BHP's Chief Financial Officer Vandita Pant said on Wednesday that a new and broader set of investors were buying into the company as AI

Elon Musk settles SEC lawsuit over Twitter disclosures, $1.5 million fine imposed

Elon Musk

Duolingo's growth outlook moderates as it prioritizes engagement over monetization

Duolingo posted strong first-quarter results but signaled a more measured growth trajectory ahead, as the language-learning app prioritizes user engagement and

Oil jumps, stocks drop as Iran tightens grip on Strait of Hormuz

Oil prices jumped 6% on Monday and stocks fell as Iran escalated its military campaign, hitting several ships in the Strait of Hormuz and setting

Roblox shares tumble as forecast cut signals safety measures weighing on user growth

Roblox shares on Friday plunged to their lowest levels in 18 months after the company cut its annual

Wall Street ends mixed ahead of big tech earnings

Wall Street oscillated on Wednesday, as investors juggled spiking crude prices, the U.S.

Visa shares climb as profit beat, raised forecast ease Middle East jitters

Visa shares jumped 5% in premarket trading on Wednesday as the payments-processing company beat estimates for second-quarter profit and lifted expectations for

Lululemon appoints new director as proxy fight with founder looms

Lululemon Athletica is appointing an executive with significant branding and marketing experience to its board as the athletic apparel maker's

European equities log steep weekly losses with no resolution to MidEast conflict

European shares posted a sharp weekly loss on Friday, as investors worried about risks to growth and inflation with energy supplies still

L'Oreal shares rise 8% on first-quarter sales beat

Shares in L'Oreal jumped more than 8%, on track for their best day in four years, after the French cosmetics group posted first-quarter sales growth of

Devin Nunes steps down as head of Trump’s struggling media company

Devin Nunes steps down as head of Trump’s struggling media company

Boeing posts smaller-than-expected loss as recovery gains traction, shares jump

Convenience store owner Yesway raises $280 million in US IPO

Convenience store owner Yesway said on Tuesday it had raised $280 million in its U.S. initial public offering.   

Australia's Treasury Wine surges 17% on robust China demand, new regional structure

Shares of Treasury Wine Estates rose more than 16% on Wednesday, their sharpest one-day gain in over five years, after Australia's standalone winemaker reported

South Korea police seek detention warrant for BTS agency founder Bang

South Korean police have requested a detention warrant for Bang Si-hyuk, the chairman of Kpop agency HYBE, over alleged illegal trading

Traffic and trepidation in the Persian Gulf could keep gasoline prices from dropping quickly

Oil prices plunged and the stock market rallied after U.S. President Donald Trump and Iran’s foreign minister said that the Strait of Hormuz is fully open

Mega IPOs set to test US market depth despite volatility

Companies raised the most through share sales in the first quarter since 2021, and mega-IPOs from Space

Wall Street ends higher on speculation about end to Iran war

Wall Street ended higher on Wednesday, with strong gains in Alphabet and other heavyweights, after U.S.

Myseum takes flight after Allbirds in fresh AI rebrand wave 

A day after footwear maker Allbirds rose 582% on its plan to "pivot its business to AI compute infrastructure," social media firm Myseum was up 146% early on

Coty and Interparfums deny report of talks regarding Boss, Burberry perfume licenses

Coty on Thursday said it is not in talks to sell any of its prestige brand licenses, denying a report by luxury news site Miss Tweed that the U.S. beauty

HVAC firm Madison Air raises $2.2 billion in US IPO

Indoor air systems provider Madison Air Solutions said on Wednesday it had raised $2.23 billion in the biggest U.S. initial public offering so far this year.

Equities gain, oil settles higher as investors watch US-Iran standoff

U.S. equity indexes closed modestly higher and U.S. oil futures settled above $112 per barrel on Monday as investors

Wall Street opens higher with earnings in focus

Wall Street's main indexes opened higher on Wednesday as investors assessed the latest developments in the Middle East and a raft of corporate earnings, while awaiting remarks

Eyes on Islamabad

It's all about the Iran war once again, with weekend ceasefire talks being the main event, but the coming days will also give early indications of the fallout for big companies

Sodexo cuts 2026 targets as new CEO gears to tackle long-standing issues

French food caterer Sodexo slashed its annual sales and profitability targets on Friday, citing execution challenges and its management's review of contracts and

War is over for Wall Street: stocks, dollar and fear index unwind moves

As the conflict in the Middle East edges towards its eighth week, financial markets are starting to diverge.

Deutsche Boerse buys $200 million stake in crypto giant Kraken

German exchange operator Deutsche Boerse said on Tuesday that it had acquired a 200 million dollar stake in US-based cryptocurrency exchange Kraken.

Stocks recover from early losses and close with a weekly gain. US oil tops $110 a barrel

Stocks overcame early losses to finish with slim gains and close out their first winning week since the start of the Iran war

Why the ‘AI scare trade’ might not be done

Why the ‘AI scare trade’ might not be done

Stocks hit historic milestone as Dow crosses 50,000 points for first time ever

Stocks hit historic milestone as Dow crosses 50,000 points for first time ever

Stocks shrug, hit record highs after Trump ups the ante against Jerome Powell and the Fed

Stocks shrug, hit record highs after Trump ups the ante against Jerome Powell and the Fed

Asian shares follow Wall Street lower in final stretch of 2025

Shares are mostly lower in Asia and U.S. futures are flat after stocks slipped on Wall Street

Nvidia rebuts critics in memo to analysts amid pushback campaign 

Nvidia, the world's most valuable company, has gone on the defensive against skeptics of its $4.5 trillion valuation, down from a historic $5 trillion, by

Indian stocks to hit new highs by mid-2026 despite foreign exodus- Reuters poll

India’s stock market will reach record highs by mid-2026 and extend those gains through next year, a Reuters poll of equity analysts showed, as

Investors' views on extended markets' selloff

Asian and European shares extended a global rout on Friday and U.S. stock futures also pointed to a weak opening on Wall Street as investors continued to offload richly valued

Droneshield rally unravels as executive share sales, governance issues spark brutal rout

Shares of Australian drone technology firm Droneshield tumbled 8% on Friday, deepening a two-week rout as stake sales by top executives, a contract

Wall Street indexes end lower after sharp reversal, tech leads drop

Wall Street stocks slid on Thursday in a sharp reversal from an early rally, as technology gains faded after a boost from Nvidia's earnings and U.S. jobs

Wall Street opens higher as Nvidia test looms

Wall Street's main indexes opened slightly higher on Wednesday following sharp losses earlier in the week, as investors set their eyes on Nvidia's earnings which could prove to be a make-or

Xiaomi warns of higher smartphone prices due to surging memory chip costs

China's Xiaomi warned on Tuesday that consumers were likely to see further hikes in smartphone prices next year due to soaring costs of memory chips while

Nvidia, bitcoin and other falling stars drag the US stock market lower

The U.S. stock market fell as Nvidia and other superstars created by the frenzy around artificial-intelligence technology dimmed some more

Retail investors show less conviction in buying US stock market dips

Retail investors are showing signs of waning confidence in the U.S. stock market's ability to rebound, with market data and analysts' observations both indicating an ebb in

Barrick Mining considers splitting into two entities, sources say

By Divya Rajagopal TORONTO -The board of Canada's Barrick Mining has raised the possibility of splitting the company into two separate entities, one focused on North America and the other on Africa

Equities tumble, bond prices dip as hopes fade for Fed rate cut in December

Wall Street indexes suffered their biggest one-day decline in a month on Thursday, pushing down MSCI's global equities gauge while U.S.

Wall Street has its worst day in a month as traders dial back expectations for Fed rate cuts

Wall Street has its worst day in a month as traders dial back expectations for Fed rate cuts

BioNTech says collaboration with Pfizer remains unchanged

BioNTech said on Thursday that its collaboration with Pfizer has not changed, when asked to comment on a report that Pfizer is looking to sell its stake in the German biotech firm

Dow soars more than 550 points as Wall Street embraces optimism that government might reopen soon

Dow soars more than 550 points as Wall Street embraces optimism that government might reopen soon

Stock market hits speed bump but investors stay on bullish path 

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