ASML reported stronger-than-expected Q2 earnings and lifted its full-year forecast, driving shares higher in premarket trading. ASML shares rose after the semiconductor equipment maker reported second-quarter earnings that exceeded estimates and raised its full-year outloo
Men’s apparel retailer Tailored Brands seeks to re-enter public markets with a roughly $500M share offering. Tailored Brands Inc. (MENW) has filed for an initial public offering, aiming to raise approximately $500M. The company, which previously went private in 2020 amid p
Broadcom stock climbs after JPMorgan's bullish rating and a $30 billion Apple supply agreement, though insider selling raises questions. Broadcom (NASDAQ: AVGO) shares have surged following JPMorgan’s aggressive buy rating and a $30 billion deal with Apple, pushing the sto
Small-cap and defensive stocks rally as the S&P 500 nears record highs, reducing reliance on big tech gains. The Nasdaq-100 Index has surged 18.5% year-to-date, outperforming the S&P 500 by 700 basis points, driven by strong tech sector performance. However, market breadth
Semiconductor spending driven by AI demand is projected to nearly double from $775 billion in 2024 to $1.6 trillion by 2030. Global spending on AI chips is expected to surge to $1.6 trillion by 2030, up from $775 billion this year, reflecting a 13% compound annual growth r
Strategic buyers drive 67% of UK deal value in first half, sidelining private equity with stock-funded megadeals. UK mergers and acquisitions value hit £178.9 billion in the year to July 7, annualizing to a record £347 billion. The total surpasses the previous high of £309
June’s retail growth matched the annual average but fell short of last year’s 3.1% rise as in-store visits declined sharply. UK retail sales increased 1.9% year-on-year in June, aligning with the 12-month average but lagging the 3.1% growth seen in June 2025. Non-food sale
Dow Jones futures were little changed early Wednesday, with S&P 500 futures and Nasdaq futures rising slightly and oil prices continuing to climb. ASML (ASML) and Johnson & Johnson (JNJ) reported earnings before the open with Morgan Stanley (MS) also on tap The stoc
Mobile operator Verizon (NYSE: VZ) has seen its shares sell off in the wake of the SpaceX (NASDAQ: SPCX) IPO, lifting Verizon's dividend yield to 6.7%. The sell-off looks overdone in my view, making the stock an attractive buy at current levels Investors worry that
BlackRock reports $868B in net inflows over 12 months, driving 10% organic base fee growth and record assets under management. BlackRock’s stock climbed 4.4% in premarket trading after its Q2 earnings exceeded consensus estimates. The asset manager reported $868B in net in
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