Wells Fargo cuts S&P 500 target as yields climb ahead of Fed hike
Wells Fargo cut its S&P 500 target to 7,700 from 7,950 ahead of the Fed's rate hike, citing valuation risk from rising yields.
16/09/2026 22:3114 min read
Equities News
Global stock markets: index moves, earnings, analyst targets and the policy and rate backdrop driving them.
Morgan Stanley co-president: AI spending not slowing as Anthropic IPO looms
Morgan Stanley co-president Dan Simkowitz says AI spending will continue despite calls to slow model releases, as Anthropic's IPO reportedly nears.
16/09/2026 21:5711 min read
Dow Falls 630 Points as Fed Delivers First Hike in Three Years, Warsh Strikes Hawkish Tone
Dow tumbles 630 points after Fed's first hike in three years and hawkish Warsh comments; banks and crypto drag, while AI names gain.
16/09/2026 20:2216 min read
SpaceX Shares Climb 6% as Starship Nears Orbital Flight
SpaceX stock rose 5.89% to $151.94 after setting September 22 for Starship's first orbital flight, pushing its market value above $2 trillion.
16/09/2026 16:588 min read
Dell hits record high, faces channel resistance at $584
Dell Technologies trades at a new all-time high, approaching channel resistance near $584.08. A break above could extend the rally; below $557.19 may signal…
16/09/2026 16:3211 min read
Meta faces key test as shares approach $690 resistance zone
Meta shares test the $685-$690 resistance zone after breaking a trendline, with a sustained move above $690.38 needed to extend gains.
16/09/2026 15:519 min read
STRC remains off parity four months after $100 peg broke
Strategy's STRC fell back to $97 after touching $99, still below its $100 peg over four months later.
16/09/2026 15:294 min read
Rebound Lifts Major US Indices, Yet Resistance Looms Ahead
Major US indices rebounded Tuesday after holding key supports, but each faces overhead resistance that must be cleared.
16/09/2026 15:2116 min read
MSCI's Quiet Transformation from Neutral Indexer to Market Regulator
MSCI's proposed screen for non-operating companies could exclude Bitcoin treasuries like Strategy, raising concerns about index providers acting as de facto…
16/09/2026 13:2842 min read
Cathie Wood: SpaceX's $1.75 Trillion IPO Is Deep Value
Cathie Wood argues each Starship launch could yield $1 billion in revenue, making SpaceX's $1.75 trillion IPO a bargain if 10,000 flights per year are achieved.
16/09/2026 12:1110 min read
Investors Float $1.2 Trillion Valuation for OpenAI Ahead of Delayed IPO
OpenAI is in early talks with investors about a $1.2 trillion private valuation, while its IPO has been pushed past 2026.
16/09/2026 11:418 min read
Google's Gemini 3.8 Live models top speech benchmarks
Google's new Gemini 3.8 Live and Extended Thinking audio models launched September 15. Extended Thinking leads the Artificial Analysis index at 82.6.
16/09/2026 06:119 min read
Lennar earnings offer a window into US housing under 5% yield pressure
Lennar's Q3 earnings, due after the close on 16 September, may show how higher rates are hitting US housing and the broader economy.
16/09/2026 03:4414 min read
OpenAI seeks funding round exceeding $1.2 trillion valuation
OpenAI is in early talks for a funding round that could value it above $1.2 trillion, ahead of a 2025 IPO.
16/09/2026 03:1114 min read
HSBC remains bullish on US, Japan equities as Nikkei and S&P charts cool into ranges
HSBC maintains a bullish stance on US and Japan equities, while technical charts for the Nikkei 225 and S&P 500 show consolidation patterns.
15/09/2026 22:5311 min read