Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
QXO and TopBuild Near Deal Close: Cash-Stock Mix Set at $249.71 Plus 10.211 Shares
QXO is finalizing its acquisition of TopBuild, aiming for a July 1 close. Most TopBuild holders elected cash, but proration rules mean the p
Oppenheimer Downgrades Goldman Sachs and Morgan Stanley, Citing Stretched Valuations
Oppenheimer downgraded Goldman Sachs and Morgan Stanley, saying their valuations look stretched. The brokerage prefers alternative asset man
UK Government Threatens to Review $110B Paramount-Skydance-Warner Deal Over Media Freedom
The UK government is weighing whether to intervene in the $110 billion Paramount-Skydance deal for Warner Bros Discovery. Culture minister L
Quarterhill Buys Conduent's Tolling Unit in $70M Cash-and-Stock Deal
Quarterhill is buying Conduent's tolling unit for $70 million in cash and stock. The deal, closing in Q4 2026, could create a combined backl
Deutsche Bank Raises Adidas Target to €210 on World Cup Boost and Margin Gains
Deutsche Bank Research raised its Adidas price target to €210 and increased 2026-27 profit forecasts. The bank expects strong Q2 sales growt
Volkswagen's China Profit Plunge Sparks Historic Overhaul as Shares Hit 15-Year Low
Volkswagen's China profits have fallen more than 80% over the past decade, and its stock is at the lowest level since July 2010. CEO Oliver
Ford Recalls 741,195 Vehicles Over Transmission Defect; Warranty Costs in Focus
Ford is recalling 741,195 vehicles in the US due to a transmission issue that may prevent proper parking, raising rollaway risk. The fix inv
Bureau Veritas Gets Small EPS Upgrade from RBC but Compliance Issue Caps Stock
RBC Capital Markets nudged up its 2026-2027 profit forecasts for Bureau Veritas by less than 1% ahead of the company's interim results on Ju
SAS Orders Up to 40 Airbus Widebody Jets in $10 Billion+ Fleet Renewal
SAS is placing a massive order for up to 40 Airbus widebody jets, worth over $10 billion. The move comes just two years after the airline em
S&P Warns on China State Construction: Tighter Funding and Property Slump Weigh
S&P Global Ratings has shifted its outlook on China State Construction Engineering to negative, while maintaining its A rating. The move ref
Australian Court Rules Rex Misled Investors on Profit Forecast
Australia's corporate regulator said the court ruled Regional Express Holdings misled investors by maintaining an upbeat profit forecast wit
Swiss Healthcare REIT Infracore Prices IPO at 54 Francs, Valued at 826 Million
Swiss healthcare real estate firm Infracore has priced its IPO at 54 francs per share, valuing it at about 826 million francs. The company p