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.
29,438 total articles
NetEase's shares fell sharply in Hong Kong following a weaker-than-expected fourth quarter marked by a 29% year-on-year decline in net profit and slowing revenue growth. The stock's drop dragged the Hang Seng lower while the company's U.S.-listed shares also declined. Management highlighted new game releases as revenue contributors, but higher oper…
Four partners left Ernst & Young in December after apparent breaches related to the firm’s audit of Shell, departures that came as the oil major moved to replace EY following concerns about audit partner rotation rules. The exits included the partner who led the Shell engagement and another elevated to senior ranks months earlier. Regulators have o…
A Toyota group entity has extended the tender offer window for its proposed buyout of Toyota Industries from February 12 to March 2. The extension is intended to give shareholders an additional opportunity to tender shares. The announcement prompted a rise in Toyota Industries stock, while opposition from U.S. activist Elliott Investment Management…
Registration records and interviews show a large-scale movement of foreign-brand cars from China into Russia. Many of these vehicles are built in China or routed through Chinese ports and are increasingly listed as zero-mileage 'used' cars to bypass automaker restrictions and sanction controls. Autostat data indicates China-made foreign-brand autos…
Australian equities closed higher on Thursday, with the S&P/ASX 200 up 0.32% to a three-month high. Gains were concentrated in Utilities, Financials and Materials, while individual heavyweight moves produced both all-time highs and 52-week lows for several names. Broader market breadth favoured decliners over advancers.
The U.S. Army deployed AeroVironment Inc.'s LOCUST high-energy laser counter-drone system near El Paso International Airport, triggering a seven-hour suspension of air traffic after authorities raised concerns about potential risks to commercial flights. The 20-kilowatt weapon, based at Fort Bliss adjacent to the airport, represents a rare operatio…
The Federal Trade Commission has asked Apple to explain reports that Apple News favors left-leaning publications and excludes conservative-leaning American news sources. FTC Chair Andrew Ferguson said in a social post that he sent a letter to Apple CEO Tim Cook warning the company could be violating FTC rules if it suppresses content on the basis o…
Lenovo reported record quarterly revenue of $22.2 billion for the quarter ended Dec. 31, driven by strong growth in AI-related businesses that lifted operating profit. Reported profit attributable to equity holders declined after a $285 million one-off restructuring charge linked to its Infrastructure Solutions Group, and the company’s Hong Kong sh…
The U.S. Army operated AeroVironment’s 20-kilowatt LOCUST laser counter-drone system near El Paso International Airport, triggering an FAA-imposed suspension of commercial flights for more than seven hours while officials assessed risks to aircraft. The system, delivered to the Army in September 2024 and tested at Yuma Proving Ground, has been depl…
Most Asian equity markets advanced, led by a near 3% surge in South Korea's KOSPI to a record 5,515.8 as chipmakers rallied on AI-related demand. Japanese shares hit a historic peak above 58,000 before settling, buoyed by so-called "Takaichi trade" optimism. Strong US nonfarm payrolls for January and a lower-than-expected unemployment rate capped g…
Four Democratic-led states filed suit in federal court seeking to prevent the Trump administration from terminating $600 million in public health grants administered by the CDC. The states argue the cuts undermine disease monitoring, outbreak response and emergency planning and are driven by political animus over unrelated policy disputes.
A rapid rise in IPO applications in Hong Kong has put pressure on Chinese investment banks, prompting the securities regulator to warn a group of lead sponsors about shortcomings in application quality and to limit how many deals a single signing principal can handle concurrently. The move highlights a growing talent squeeze as domestic banks expan…
The U.S. Department of Commerce's Bureau of Industry and Security has imposed a $252.5 million civil penalty on Applied Materials for alleged illegal exports of advanced chipmaking equipment to China. BIS cited 56 violations tied to shipments or attempted shipments to Semiconductor Manufacturing International Corp (SMIC) from 2020 through 2023. App…
The Federal Trade Commission has flagged concerns to Apple about claims that Apple News disproportionately promotes articles from liberal publications while sidelining conservative U.S. outlets. In a letter to Apple’s CEO, the FCC chair said the commission lacks authority to force a company to adopt political positions but warned that practices inc…
Origin Energy raised its fiscal 2026 underlying EBITDA guidance for its Energy Markets unit and saw its stock rise, even as the group's statutory profit for the six months to Dec. 31 declined versus the prior year. The upgrade was driven by stronger electricity gross profit and continued cost discipline, while weaker contributions from Integrated G…
Three additional U.S. investors have formally notified South Korea that they will pursue arbitration by joining a prior claim brought by Greenoaks and Altimeter alleging discriminatory treatment of Coupang following a major consumer data breach. The move escalates legal pressure on Seoul and coincides with growing trade and political tensions betwe…
WhatsApp says Russian authorities attempted to fully block its service as Moscow advances domestic alternatives and tightens control over online communications. Officials are promoting a state-backed app called 'MAX' while limiting foreign platforms and pressing them to comply with local legislation. Russian officials say compliance will determine …
Novocure's Optune Pax device received U.S. FDA approval for treating locally advanced pancreatic cancer in combination with gemcitabine and nab-paclitaxel. The decision, grounded in results from the Phase 3 PANOVA-3 trial of 571 patients, coincided with a sharp rise in the company's stock in extended trading.
The Chinese owners of the Waldorf Astoria in New York City are preparing to market the storied Park Avenue hotel after it completed a lengthy, costly conversion and reopened late last year. The offering would include hotel operations and adjoining retail and amenity spaces while the newly created condominiums are to be sold separately. Ownership an…
ANZ Group Holdings Ltd shares surged to a record A$40.140 after the bank reported a stronger first-quarter cash profit, driven by higher operating income and a marked reduction in expenses as management advances a major productivity program and staffing reduction. The move lifted the ASX 200, and the lender may benefit from recent Australian intere…
U.S. equity futures were largely unchanged Wednesday evening after a subdued regular session, as investors absorbed a stronger-than-anticipated jobs report that trimmed expectations for imminent Federal Reserve rate reductions. Major index futures moved in a narrow band while the S&P 500, Dow and Nasdaq all finished the day near flat. Market at…
Spring Valley Acquisition Corp. IV completed its initial public offering on February 11, 2026, bringing in $230 million before fees and expenses by selling 23 million units at $10 apiece, including 3 million units from the underwriters' full overallotment exercise. Units began trading on the Nasdaq Global Market on February 10, 2026 under the symbo…
A U.S. federal judge ruled that allegations claiming Bank of America turned a blind eye to Jeffrey Epstein’s sex trafficking are sufficient to allow two civil claims to move forward, while dismissing additional counts against the bank and all claims against Bank of New York Mellon. A trial is scheduled for May 11.
ARKO Petroleum Corp., a subsidiary of ARKO Corp., has priced its initial public offering at $18.00 per share for 11,111,111 shares of Class A common stock and has given underwriters a 30-day option to buy up to 1,666,666 additional shares at the same price. The company's Class A shares have been approved to list on the NASDAQ Capital Market under t…
Pentagon technology leaders are pushing major generative AI firms to make their models accessible on classified government networks with fewer vendor-imposed limits. Discussions with companies including OpenAI and Anthropic aim to expand AI use beyond unclassified administrative systems into mission-sensitive environments, but companies and officia…
