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
TKMS said it reached a new order backlog high of $22 billion and raised its sales guidance for 2026, citing stronger demand for warships driven by current geopolitical tensions. The company now expects sales growth of 2% to 5% in 2026, up from a previous projection of a decline of 1% to growth of up to 2%. The revised outlook sits near the 2.9% ave…
Stocks on the Taiwan Stock Exchange finished higher on Wednesday, with the Taiwan Weighted index closing up 2.06% to a new all-time high. Strength in the Semiconductor, Electronic Products Distribution and Electronics sectors propelled the advance. Several individual names recorded double-digit percentage moves in both directions. Commodity and cur…
Wolfe Research identified four consumer finance companies to watch as signs of recovery in consumer credit and lending emerge. The firm endorsed Capital One and Synchrony Financial with Outperform ratings and set price targets for each, while assigning Peer Perform ratings to American Express and Bread Financial. Wolfe highlighted valuation opportu…
ByteDance is pursuing development of a proprietary artificial intelligence processor and has been in discussions with Samsung Electronics to handle manufacturing, with internal targets for sample delivery by the end of March and initial production of at least 100,000 units this year for AI inference tasks. The project, reportedly code-named SeedChi…
Australian equities advanced at Wednesday's close, with the S&P/ASX 200 rising 1.66% to reach a new three-month high. Strength in Financials, Gold and Utilities underpinned the rally. Leading gainers included AGL Energy, James Hardie and Evolution Mining, while CSL tumbled to five-year lows. Market breadth favored advancers over decliners and volat…
Swatch Group must rejuvenate product innovation, streamline its brand portfolio and refresh corporate governance to restore profitability and investor trust, analysts and investors say. The company plans to add Andreas Rickenbacher to the board, but critics call for broader change as Swatch's market value has fallen to roughly a third of its 2013 p…
ByteDance is building an artificial intelligence processor intended for inference workloads and has engaged Samsung Electronics in manufacturing discussions, according to multiple people familiar with the matter. The TikTok parent expects sample chips by the end of March, plans to produce at least 100,000 units this year with potential ramp to 350,…
Semiconductor Manufacturing International Corp saw its Hong Kong-listed shares decline after management warned of margin pressure from higher depreciation and costs amid capacity expansion, and of memory shortages driven by strong AI-related demand. These concerns tempered investor reaction to a fourth quarter that delivered a 60.7% jump in net pro…
A procedural effort led by House Republican leadership to block congressional challenges to President Trump’s tariffs was defeated on Tuesday in a 217-214 vote. Three Republicans joined all Democrats in opposing the measure, which would have barred tariff challenges through July 31. The result heightens pressure on Speaker Mike Johnson’s slim major…
Most Asian equity markets recorded modest advances as Australian shares outperformed following robust corporate earnings. Investors balanced the upside from company results with caution over weak Chinese price data and an impending U.S. jobs report that could influence Federal Reserve rate expectations.
Dubai Airports expects Dubai International Airport (DXB) to handle 99.5 million passengers in 2026, following a record year in 2025 when DXB served 95.2 million travelers. Key source markets include India, Saudi Arabia and Britain, while China, Egypt and Italy posted double-digit growth. A $35 billion expansion of Al Maktoum International is planne…
Semiconductor Manufacturing International Corp (SMIC) said its depreciation expense will rise by roughly 30% in 2026 as the company maintains elevated capital spending to expand wafer capacity and meet growing domestic demand. Management highlighted shifts in the semiconductor supply chain toward Chinese production, heavy investment in equipment, a…
Reserve Bank of Australia Deputy Governor Andrew Hauser warned that inflation remains elevated and signaled policymakers are prepared to act to bring it back within the target range. Hauser cited robust credit growth as a sign that the current stance of interest rates is not sufficiently restrictive, and reaffirmed the central bank's readiness to t…
Tony Wu and Jimmy Ba, two of the co-founders of Elon Musk's artificial intelligence venture xAI, have announced their resignations in social media posts. Their departures mark further attrition within the start-up, which now counts half of its original 12 co-founders as having left. Reports indicate Ba's exit followed internal pressures to improve …
D. Boral Acquisition I Corp. has priced an initial public offering of 25 million units at $10 per unit, generating $250 million in gross proceeds. The units are scheduled to begin trading on the Nasdaq Global Market under the ticker DBCAU on February 11, 2026. Each unit contains one Class A ordinary share and one-half of a redeemable public warrant…
Hedge fund Ancora Holdings has amassed roughly $200 million of Warner Bros. Discovery stock and intends to push the company to evaluate Paramount Skydance's bid for the studio unit instead of the proposed sale to Netflix. Ancora says Warner did not sufficiently engage with Paramount's offer and is prepared to mount a proxy fight while continuing to…
D. Boral Acquisition I Corp. has priced an initial public offering of 25 million units at $10.00 apiece, producing gross proceeds of $250 million. Units are slated to begin trading on the Nasdaq Global Market under the symbol DBCAU on February 11, 2026, and the offering is expected to close on February 12, 2026, subject to customary closing conditi…
Intercontinental Exchange Inc said on Tuesday it has rolled out a new suite of U.S. dollar-denominated, cash-settled cryptocurrency futures contracts that reference CoinDesk digital asset indices. The launch includes contracts tied to the CoinDesk 20 and CoinDesk 5 indices, as well as single-asset futures for Bitcoin, Ether, Solana, XRP, and BNB. I…
U.S. equity futures were modestly higher Tuesday evening after the cash market closed slightly lower. Attention is centered on recent weak retail sales and a set of delayed U.S. economic reports due this week, including a postponed monthly jobs release and the consumer price index. Several consumer-facing technology stocks fell in after-hours tradi…
Ralph Lauren staged its Fall 2026 women’s runway show in New York featuring gray-toned corset blazers, velvet dresses and crystal brooches. The presentation came after the company raised its annual sales and margin outlook, and follows a year in which its shares climbed about one-third. Designers emphasized refined fabrics and craftsmanship while h…
Jimmy Ba said he is leaving xAI, becoming the sixth member to exit the company's 12-person founding team. His departure followed Tony Wu's exit by one day and comes shortly after Elon Musk indicated SpaceX will acquire xAI ahead of an intended initial public offering this year. The startup has encountered legal and operational challenges, including…
MSCI said it added AST SpaceMobile Inc to its MSCI ACWI index on Tuesday, making the satellite communications firm the largest of 63 new additions by market capitalization. The move follows volatile share trading for AST, which fell sharply during the session before a small aftermarket gain. The listing comes amid heightened investor attention afte…
CSL Ltd reported a weaker first-half performance, with underlying net profit falling and reported earnings hit hard by restructuring costs and asset write-downs. The company also announced an interim CEO and expanded its buyback program even as it kept full-year guidance intact. The Sydney-listed biotech saw its stock drop sharply, reaching levels…
The U.S. Food and Drug Administration has declined to accept Moderna’s marketing application for its seasonal influenza vaccine candidate mRNA-1010, citing the company’s choice of comparator in late-stage studies. The FDA's refusal-to-file letter pointed specifically to the comparator arm and described the absence of an "adequate and well-controlle…
Columbus Circle Capital Corp II completed an initial public offering of 20 million units at $10.00 apiece, raising $200 million. Each unit comprises one Class A ordinary share and one-third of a redeemable warrant, with each whole warrant exercisable to buy one Class A share at $11.50. Units are slated to begin trading on the Nasdaq Global Market o…
