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Market News
Latest financial news and analysis from global markets
REGN
Regeneron drops after skin cancer treatment fails late-stage trial
May 18 (Reuters) - Regeneron's shares fell 12% in morning trade on Monday after the company's experimental treatment missed the main goal in a late-stage trial for patients with a type of skin cancer. The drugmaker said late on Friday its combination of fianlimab and cemiplimab did not reach statistical significance in improving the time that patients with advanced melanoma live without the disease worsening.
INTC
3 Energy Stocks That Are Quietly Becoming the Trades of the Year
These energy stocks are surging amid skyrocketing power demand and ongoing geopolitical conflicts that have disrupted oil and gas markets.
BTCUSDT
Michael Burry Warns of a Nasdaq Dot-Com Bubble: Is Bitcoin a Hedge or Casualty?
The man who saw the 2008 housing crash coming before anyone else is raising his hand again, and this time, the target is the AI-driven tech rally that has sent the Nasdaq soaring to levels not seen since the final, frenzied months of the dot-com bubble. Michael Burry, the hedge fund manager immortalized in “The ... Michael Burry Warns of a Nasdaq Dot-Com Bubble: Is Bitcoin a Hedge or Casualty?
JPM
Cyclical stocks' strong run may be due a pause despite leading markets this year, leading bank warns
Cyclical stocks, value shares and small caps have led European and US markets so far this year in a pattern that has surprised many investors, but JP Morgan's equity strategy team says the rally may be running ahead of economic reality. Strategist Mislav Matejka noted that the outperformance...
BTCUSDT
Goldman Sachs Dumps XRP and Solana ETFs, Slashes Ethereum Exposure by 70%
Goldman Sachs fully exited its XRP and Solana ETF positions and cut Ethereum exposure by roughly 70% in Q1 2026. Harvard also reduced its Bitcoin ...
SOLUSDT
Goldman Sachs Dumps XRP and Solana ETFs, Slashes Ethereum Exposure by 70%
Goldman Sachs fully exited its XRP and Solana ETF positions and cut Ethereum exposure by roughly 70% in Q1 2026. Harvard also reduced its Bitcoin ...
ETHUSDT
Goldman Sachs Dumps XRP and Solana ETFs, Slashes Ethereum Exposure by 70%
Goldman Sachs fully exited its XRP and Solana ETF positions and cut Ethereum exposure by roughly 70% in Q1 2026. Harvard also reduced its Bitcoin ...
LULU
Lululemon Calls on Shareholders to Back Board Nominees in Proxy Battle (LULU)
Company Urges Investors to Support Existing Board SlateLululemon Athletica (NASDAQ:LULU) has filed definitive proxy documents with the Securities and Exchange Commission ahead of its annual shareholder meeting scheduled for June 25, 2026, urging investors to support the company’s three board nominees amid an ongoing proxy contest with founder Dennis “Chip” Wilson. The company is recommending shareholders vote using the white proxy card in favor of nominees Chip Bergh, Esi Eggleston Bracey and Te
BAC
Google I/O preview: Bank of America expects major AI push across Search, Chrome, and Android
Alphabet Inc (NASDAQ:GOOG) is preparing to kick off its annual Google I/O developer conference on May 19, with Bank of America expecting a broad slate of artificial intelligence announcements that could reinforce the company's position at the forefront of the AI race. The keynote is scheduled...
GOOGL
Google I/O preview: Bank of America expects major AI push across Search, Chrome, and Android
Alphabet Inc (NASDAQ:GOOG) is preparing to kick off its annual Google I/O developer conference on May 19, with Bank of America expecting a broad slate of artificial intelligence announcements that could reinforce the company's position at the forefront of the AI race. The keynote is scheduled...
CRM
Zscaler upgraded, CoreWeave downgraded: Wall Street's top analyst calls
Zscaler upgraded, CoreWeave downgraded: Wall Street's top analyst calls
REGN
Zscaler upgraded, CoreWeave downgraded: Wall Street's top analyst calls
Zscaler upgraded, CoreWeave downgraded: Wall Street's top analyst calls