Daily coverage of equity markets, sectors, and major indices.
In-depth reporting on U.S. and global stock markets, including index performance, sector rotation, earnings reactions, volatility trends, and notable single-stock moves. Designed to help traders and investors understand what is driving price action across equities.
29,575 total articles
Standard Chartered reported underlying pretax profit of $1.24 billion for the fourth quarter ended Dec. 31, missing the $1.38 billion Bloomberg consensus. Revenue was broadly unchanged year-on-year as gains in wealth and global banking were offset by weaker episodic trading income. Net interest income slipped, operating expenses rose, and credit co…
Internal records filed in a New Mexico state court case show Meta proceeded with plans to implement default end-to-end encryption for messages tied to Facebook and Instagram despite internal warnings that the change would sharply reduce the company's ability to detect and report child sexual exploitation and other threats to law enforcement. The do…
Asian equities climbed broadly on Tuesday as Chinese markets reopened after the Lunar New Year on firmer footing and export-oriented sectors in Japan and South Korea benefited from the prospect of lower U.S. trade tariffs. Hong Kong bucked the regional rally, with the Hang Seng sinking on deep losses in major tech stocks amid renewed worries that a…
Apple plans to shift part of its Mac Mini desktop production to a Foxconn facility in north Houston later this year. The company says Asian production will continue as the U.S. line ramps up. The move follows a broader U.S. investment pledge made last August and comes amid prior tariff threats and a mixed record on delivering new domestic manufactu…
China's mainland equities opened higher following the Lunar New Year holiday as relief on U.S. trade tariffs and government-released holiday consumption data supported a broad advance. Export-focused names rose on prospects of reduced levies after a U.S. court ruling, while domestic retailers and travel-linked firms were bolstered by robust holiday…
A senior U.S. administration official said DeepSeek trained its soon-to-be-released AI model on Nvidia's most advanced Blackwell chips, a development that may run afoul of U.S. export controls that bar sales of such chips to China. The company may strip technical indicators revealing American hardware use, and separate accusations by Anthropic clai…
U.S. equity futures ticked higher Monday evening following a day of steep declines on Wall Street as uncertainty over new tariffs and anxieties about AI-related disruption in software pressured markets. Additional volatility stemmed from legal and geopolitical questions, including FedEx's suit seeking tariff refunds after a Supreme Court ruling and…
Asian equity markets weakened in early trade Tuesday following a selloff on Wall Street that dented investor confidence. Concerns over U.S. tariff policy after a Supreme Court ruling, rising geopolitical strains and fresh warnings on AI-driven disruption combined to sap momentum. MSCI's broad Asia-Pacific index outside Japan moved from gains to a 0…
U.S. authorities ran foreign-exchange rate checks in January aimed at supporting the Japanese yen and were prepared to undertake joint intervention with Tokyo if requested, sources cited by the Nikkei told reporters. The New York Federal Reserve conducted the checks on behalf of the U.S. Treasury without a formal request from Japan’s finance minist…
Woodside Energy's shares reached their highest level in 18 months after the company reported record annual production and confirmed a full-year dividend of 112 U.S. cents per share. Net profit after tax fell to $2.72 billion as weaker realised oil and gas prices offset increased output, while underlying net profit was $2.65 billion.
xAI has reached an agreement with the U.S. Department of Defense to make its Grok artificial intelligence model available for use in classified military systems, a defense official confirmed. The deal means Grok becomes the second AI model cleared for the military’s most sensitive intelligence, weapons development and battlefield applications, join…
A senior Trump administration official told U.S. authorities that Hangzhou-based DeepSeek used Nvidia’s most advanced AI processor, the Blackwell, to train its newest model, which could violate existing U.S. export controls that bar Blackwell shipments to China. The official said DeepSeek may have attempted to remove technical traces of U.S. chips …
United Overseas Bank reported fourth-quarter net profit of S$1.41 billion, missing the S$1.45 billion consensus and declining from S$1.52 billion a year earlier. Weaker trading income and margin pressures offset modest loan growth and a rise in fee income. For the full year the bank posted S$4.68 billion in net profit and proposed a final dividend …
FedEx has sued the U.S. government in the Court of International Trade seeking a full refund of emergency tariff payments that the Supreme Court recently found unlawful. The lawsuit follows the high court's determination that former President Trump exceeded his authority in imposing the tariffs under the International Emergency Economic Powers Act,…
LA28 CEO Reynold Hoover publicly reaffirmed his and the board's support for Chair Casey Wasserman after recent U.S. Justice Department documents included decades-old emails linking Wasserman with Ghislaine Maxwell. Hoover highlighted the committee's commercial progress and said there has been no sponsor concern or operational disruption.
Paramount Skydance has submitted an improved cash offer for Warner Bros. Discovery, seeking to displace a prior agreement between Warner Bros. and Netflix. The updated bid increases certainty around financing and follows a week-long negotiation window reopened by Warner Bros. Discovery's board; if the board favors Paramount's proposal, Netflix will…
Northrop Grumman and the U.S. Air Force are accelerating production capacity for the B-21 Raider stealth bomber, backed by more than $5 billion invested in digital engineering and manufacturing infrastructure. Multiple test aircraft are flying and reporting performance that exceeds digital model expectations, the program’s first operational aircraf…
BAE Systems Information and Electronic Systems Integration Inc. has been awarded an indefinite-delivery/indefinite-quantity contract valued at up to $98,871,411 by the U.S. Department of War to provide sustaining engineering for F-16 avionics intermediate shop automatic test equipment. The work will be carried out at BAE's San Diego facility, cover…
IonQ shares ticked higher in after-hours trading as the company confirmed it was awarded a place on the Missile Defense Agency’s SHIELD indefinite-delivery/indefinite-quantity contract vehicle. The designation makes IonQ - and its subsidiaries - eligible to bid on future task orders across a wide range of defense-related capabilities, though any re…
The U.S. Securities and Exchange Commission has issued a special exemption permitting intraday trading of tokenized shares in WisdomTree's Treasury Money Market Digital Fund. The relief removes the end-of-day pricing constraint that would otherwise apply, and officials say the change could shorten settlement times and make fund access easier for re…
Protara Therapeutics saw its stock decline following the publication of interim results from its Phase 2 ADVANCED-2 study of TARA-002 in patients with high-risk Non-Muscle Invasive Bladder Cancer. The data cover evaluable participants in both BCG-Unresponsive and BCG-Naïve cohorts, report favorable safety signals, and set expectations for registrat…
Silo Pharma Inc. authorized a board-approved program to repurchase up to $1 million of its common stock, triggering a 35.1% rise in after-hours trading. The company said purchases may occur on the open market or through negotiated transactions and stressed the plan is subject to regulatory, market and corporate constraints.
Tandem Diabetes Care announced a private placement of $200 million in convertible senior notes due 2032, with an initial purchaser option for an additional $30 million. The unsecured notes will accrue semiannual interest and may be settled in cash, common stock, or a combination at the company's election. Tandem said net proceeds will fund capped c…
Canadian generic drug maker Apotex Inc. is preparing for a potential initial public offering in Toronto during the first half of the year that could raise as much as C$1 billion (about $730 million). Bank advisers have been engaged, but final decisions on timing and deal size have not been made and plans remain subject to change.
Paramount Skydance submitted a higher bid for Warner Bros. Discovery in an effort to derail the studio's agreed sale to Netflix. The revised proposal improves on Paramount's earlier $108.4 billion, $30-per-share offer and is intended to address concerns about financing certainty. Netflix, which has an existing $27.75-per-share cash agreement, is pe…
