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.
29,439 total articles
Shares of Novartis India surged about 20% after Novartis AG agreed to sell its stake in the Mumbai-listed company to a consortium led by ChrysCapital affiliates for up to 14.46 billion rupees ($159 million). The transaction will transfer control of the listed entity to the ChrysCapital-led group, subject to regulatory clearances and other customary…
Ola Electric shares tumbled following reports that the company intends to reduce its physical retail footprint by about 550 stores during the March quarter. The drop compounds recent weak results, including record-low quarterly revenue and a steep sales decline in the December quarter. Management has acknowledged service-related trust issues while …
Australian equities closed modestly lower on Friday as declines in information technology, consumer staples and consumer discretionary stocks outweighed gains from a handful of names. The S&P/ASX 200 fell 0.05% in Sydney trade. Volatility edged higher while commodity and FX moves were mixed, with gold and oil posting modest gains.
Jeffrey Epstein’s estate has agreed to pay as much as $35 million to resolve a class action accusing two of his former advisers of facilitating sex trafficking. The settlement, disclosed in a federal court filing, covers claims against Epstein’s former personal lawyer and former accountant, who serve as co-executors of the estate. The deal would en…
Shares of Alibaba Group and Baidu tumbled in Hong Kong trading after both firms, along with BYD, were momentarily included on an updated U.S. Section 1260H list of companies with ties to the Chinese military that was withdrawn minutes after release. The brief mention, combined with post-holiday catch-up selling and investor worries about heavy AI-r…
Most Asian equity markets declined as investors shunned risk amid uncertainty over U.S. interest rate policy and heightened geopolitical tensions involving Iran. Japanese indices were among the weakest performers after mixed economic data, Hong Kong shares fell on resumed trading and tech losses, and mainland Chinese markets remained closed for the…
President Donald Trump said he met with Novartis CEO Vas Narasimhan at the White House and was told the Swiss drugmaker is constructing 11 manufacturing sites in the United States, which the president attributed to his tariff policies. Novartis acknowledged recent groundbreakings in North Carolina and California and plans for a radioligand therapy …
Sika AG (SKFOF) approaches its fourth-quarter results with attention concentrated on its first guidance for fiscal 2026, following a softer finish to 2025 in the Americas. Organic sales in the region fell roughly 1% year on year, a decline the company tied to construction uncertainty surrounding the US government shutdown. Peer results suggest Sika…
Employees at Volkswagen's Chattanooga, Tennessee assembly plant approved a four-year labor agreement with the United Auto Workers by a 96% margin, securing 20% wage increases along with enhancements to healthcare and job security. The deal, reached after roughly 18 months of bargaining, represents a major UAW victory in the South and follows earlie…
Toyota announced a management reshuffle that will see Koji Sato move from the chief executive role to vice chairman and chief industry officer in April, with Chief Financial Officer Kenta Kon stepping in as CEO. The change follows a period in which Sato delivered record sales and profit but faced increasing scrutiny over rising costs, investments i…
Tesla has reduced the U.S. sticker price for the Cyberbeast, the highest-spec Cybertruck, to $99,990 from $114,990. The move comes amid sharply reduced sales for the Cybertruck line, quality and recall problems, and increased pressure from lower-priced rival pickups. The automaker is also experiencing broader EV sales declines and has shifted produ…
Asian equity markets declined as investors fled risk following turmoil in listed private equity and renewed U.S. pressure on Iran. Oil climbed to multi-month highs and the dollar moved toward its largest weekly gain in four months, while Treasuries and major currencies showed mixed moves ahead of key corporate earnings and geopolitical uncertainty.
A White House memo sent to congressional leaders details a presidential proposal to prohibit investors owning more than 100 single-family homes from acquiring additional properties. The plan, which includes limited exemptions for those who construct or substantially rehabilitate homes for rental use, is being pushed as an amendment to pending housi…
Nvidia is reportedly close to committing $30 billion to OpenAI as part of a broader $100 billion funding round that would value the AI developer at $830 billion post-money. Negotiations are said to be in the final stages and could conclude imminently. OpenAI is expected to channel much of the fresh capital back into Nvidia hardware, while other maj…
U.S. equity futures traded in a narrow band Thursday evening as investors weighed recent Federal Reserve minutes that suggested members remain open to further rate action. Attention has turned to two key economic reports due Friday - the Personal Consumption Expenditures price index for December and preliminary fourth-quarter GDP - which will influ…
QBE Insurance Group reported a marked rise in full-year profit driven by improved underwriting results and solid investment returns. The insurer declared a larger final dividend and maintained its forward guidance for combined operating ratio and premium growth into 2026. Shares rallied on the results, reaching their highest level since early Septe…
Texas Attorney General Ken Paxton has filed suit against Sanofi, alleging the pharmaceutical company provided services to healthcare providers that amounted to unlawful inducements to prescribe its medications. The state is pursuing monetary relief exceeding $1 million, civil penalties and an injunction to halt purportedly illegal conduct. Sanofi s…
Guzman y Gomez reported a first-half net profit that exceeded expectations, but the company’s shares plunged to record lows after U.S. sales underwhelmed investors. The Australian-listed fast-food operator, which raised A$335.1 million in a high-profile IPO, faces short-term sales momentum pressure in the U.S. as it shifts delivery partners and ant…
HSBC has cut about 10% of its U.S.-based debt capital markets team, letting go of at least six New York staff across multiple seniority levels. The reductions come amid a wider restructuring initiative aimed at simplifying management layers and cutting employee costs by 8% to reach $1.8 billion in savings under CEO Georges Elhedery.
WarrenAI used Investing Pro metrics - including Fair Value, Pro Score, technicals and analyst targets - to rank supermarket stocks for 2026. Kroger leads the list after installing a new CEO and showing modest upside to fair value, Sprouts appears as a high-upside but volatile growth candidate, Weis Markets offers steady returns and dividends with l…
Meta Platforms has lowered the equity component of annual pay packages for most employees for a second straight year, cutting stock option refreshers by about 5% after a roughly 10% reduction the prior year. The move comes amid large-scale investments in artificial intelligence, with the company signaling potential spending as high as $130 billion …
Wedbush technology analyst Dan Ives outlined 10 concrete developments that he says could reverse the recent weakness in the technology sector and address what he calls the AI "ghost trade" overhang. Drawing on 25 years of Wall Street experience and historical market misreads, Ives highlighted both industry examples and specific corporate milestones…
Several large American companies have removed explicit diversity criteria from their board-selection rules after pressure from conservative shareholder activists. Documents disclosed by the National Legal and Policy Center confirm policy reversals at American Express and Deere, while Johnson & Johnson has also abandoned specific diversity requireme…
Several public companies saw material price moves in after-hours trading following earnings reports and clinical results. Akamai slid after issuing fiscal 2026 guidance below consensus; GRAIL fell sharply after its cancer screening study missed the primary endpoint; Opendoor jumped on revenue that exceeded estimates; Workiva outperformed on both EP…
U.S. stock indexes finished lower on Thursday with the Dow Jones Industrial Average leading the losses, retreating 0.54% by the close in New York. The S&P 500 and NASDAQ Composite also ended the session lower. Weakness in the Financials, Consumer Services and Technology sectors helped push the broader market down, while individual large-cap names a…
