Market News

Breaking headlines and analysis across every asset class.

Earnings
MarketBeat • Sep 24, 2026
State Street Corp Raises Stock Position in Reddit Inc. $RDDT

State Street Corp increased its stake in Reddit Inc. by 8.7% in the second quarter, now holding 2.98 million shares valued at $517.2 million. This increase follows Reddit's stronger-than-expected quarterly results, with EPS of $1.25 and revenue of $804.9 million, a 61% year-over-year increase. Despite a "Moderate Buy" consensus from analysts and an average price target of $219.29, insiders have sold a significant amount of stock recently.

Earnings
MarketBeat • Sep 24, 2026
State Street Corp Sells 277,105 Shares of EPAM Systems, Inc. $EPAM

State Street Corp reduced its stake in EPAM Systems, Inc. by 12.4% in the second quarter, selling 277,105 shares but still retaining 1.96 million shares valued at $155.2 million. Institutional investors collectively own 91.58% of the company, which has a consensus "Hold" rating from analysts with a price target of $116.47. EPAM reported strong quarterly earnings, beating estimates with an EPS of $3.38 and revenue of $1.41 billion.

Earnings
MarketBeat • Sep 24, 2026
Andra AP fonden Makes New Investment in Otis Worldwide Corporation $OTIS

Andra AP fonden has initiated a new position in Otis Worldwide Corporation (NYSE:OTIS) by purchasing 51,600 shares valued at approximately $3.7 million. This investment highlights continued institutional interest in Otis, with hedge funds and other institutional investors collectively owning 88.03% of the company's stock. Despite a recent guidance cut, Otis reported strong quarterly revenue growth of 7.3% year-over-year and reaffirmed its fiscal 2026 EPS guidance, maintaining an overall "Hold" r

Earnings
MarketBeat • Sep 24, 2026
The PNC Financial Services Group, Inc $PNC Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. increased its stake in The PNC Financial Services Group (NYSE:PNC) by 4.5% in the second quarter, bringing its total holdings to 2.10 million shares valued at $517.9 million. This comes as PNC reported strong quarterly earnings, beating analyst estimates, and raised its quarterly dividend to $2.00 per share. Analysts maintain a "Moderate Buy" consensus rating for PNC with an average price target of $267.87.

Earnings
MarketBeat • Sep 24, 2026
Andra AP fonden Has $3.73 Million Position in KKR & Co. Inc. $KKR

Andra AP fonden has reduced its stake in KKR & Co. Inc. by 29.5%, selling 17,000 shares but still retaining 40,630 shares valued at approximately $3.73 million. Institutional investors collectively own 76.26% of KKR's outstanding shares, while an insider recently sold 10,000 shares, decreasing their position by over 54%. Analysts maintain a "Moderate Buy" rating with an average price target of $130, significantly higher than KKR's opening price of $97.07, and the company has surpassed quarterly

Earnings
MarketBeat • Sep 24, 2026
Andra AP fonden Decreases Holdings in DuPont de Nemours, Inc. $DD

Andra AP fonden significantly reduced its stake in DuPont de Nemours (NYSE:DD) by 57.7% in the second quarter, selling 23,771 shares but still holding 17,458 shares valued at approximately $2.37 million. Despite this, institutional ownership remains high at 73.96%, with other major investors like State Street Corp increasing their positions. Analysts maintain a "Moderate Buy" rating with an average price target of $166.60, and DuPont recently surpassed quarterly earnings expectations.

Earnings
MarketBeat • Sep 24, 2026
Envestnet Asset Management Inc. Cuts Stake in Citigroup Inc. $C

Envestnet Asset Management Inc. reduced its stake in Citigroup Inc. by 3.5% in the second quarter, selling 100,483 shares but still holding 2.8 million shares valued at $391.4 million. Despite this reduction, institutional investors collectively own a significant 71.72% of Citigroup. The article highlights general positive sentiment from Wall Street analysts, strong quarterly earnings, and a dividend increase, though it also notes concerns about rising credit card delinquencies and inflation.

Earnings
MarketBeat • Sep 24, 2026
First Bancorp Inc ME Purchases Shares of 10,316 Amazon.com, Inc. $AMZN

First Bancorp Inc. ME has acquired 10,316 shares of Amazon.com, Inc., valued at approximately $2.46 million, making it 1.0% of the fund's portfolio. Despite significant institutional ownership and growth prospects from AWS, AI, and advertising, Amazon faces risks from rising costs and macroeconomic pressures. Analysts currently rate Amazon with a "Moderate Buy" consensus and an average price target of $321.19.

Get Headlines in Your Inbox

One email a day with the market-moving stories you actually need to read.