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.
9,363 total articles
PayPay, the Japan-focused payments app backed by SoftBank, started trading on the Nasdaq after raising roughly $880 million in its U.S. initial public offering. The offering priced at $16 per American Depositary Share, below the marketed $17-$20 range, valuing the company at $10.7 billion. The listing proceeded despite market disruptions linked to …
Morgan Stanley says firms that control the full AI stack - chips, cloud infrastructure, models and applications - will capture the most long-term value. The bank upgraded Alibaba to its top pick among China's large internet platforms, highlighting the company's T-Head chips, AliCloud, Qwen family models and application ecosystem. Morgan Stanley pro…
China Mineral Resources Group has notified domestic steel mills and traders that deliveries of Newman fines - a widely held BHP iron ore grade at ports - will be prohibited beginning next week, sources with knowledge said. The measure is the latest in a sequence of restrictions on BHP products tied to protracted contract negotiations; traders may s…
Jet fuel prices have surged as Brent crude approached $100 a barrel amid war-related supply concerns, prompting many global carriers to expand or extend fuel and currency hedges. This article catalogs hedging positions disclosed by a range of carriers, showing wide variation in coverage, hedging horizons and the mix of instruments used to manage co…
Atlassian shares rose 2.5% in premarket trading after the company disclosed plans to reduce its workforce by about 10%, eliminating roughly 1,460 positions from a 14,626-employee base. CEO Mike Cannon-Brookes said the company will redeploy capital toward AI and Enterprise Sales initiatives and described AI as reshaping skill mixes rather than simpl…
Berenberg has downgraded ALSO Holding AG (SIX:ALSN) from Buy to Hold and reduced its price target to CHF165 from CHF320, citing significant downside risk to the company’s mid-term guidance following fiscal 2025 results. The broker highlighted weaker-than-expected earnings metrics, a softening hardware market, and slower-than-anticipated commerciali…
Shares of several European defence contractors rose between 1.8% and 7.1% in early trading on Thursday as the U.S.-Israeli campaign against Iran reached its tenth day. The move came despite warnings from Bernstein that European defence companies are likely to see little material benefit from the conflict, while U.S. defence production and potential…
After cocoa prices tumbled roughly 70% from their 2024 peak to about $3,000 per metric ton, many industrial-scale cocoa projects in Northeastern Brazil are being delayed, scaled back or canceled. Investors and farmers who had planned tens of thousands of hectares of irrigated cocoa plantations - enough to supply nearly 5% of global demand - now fac…
Deutsche Bank upgraded Nichols PLC (NICL.L) to Buy from Hold while keeping its price target at 1,150 pence after an analyst presentation showing revenue increases across the company’s four main product categories. Vimto - Nichols’ lead brand - recorded gains in several categories, notably in ready-to-drink stills and energy drinks, and strengthened…
Bank of America sees signs that Japanese stocks may have bottomed after a sharp jump in volatility tied to the Middle East crisis. The Nikkei Volatility Index moved above 50 - a level the bank links to potential market troughs - while selling by pension funds and financial institutions ahead of the fiscal year-end amplified the decline. Elevated cr…
Bank of America analysts argue the Federal Reserve should refrain from hastening additional rate cuts after Wednesday's consumer price index reading. Using the CPI print as a guide to the personal consumption expenditures measure, BofA expects core PCE to come in near 3.1% year-over-year in February, with tariffs accounting for roughly 80 basis poi…
Morgan Stanley's sector analysts conclude that direct financial exposure of listed European travel and leisure firms to the ongoing Middle East conflict is relatively small and concentrated in particular sub-sectors. Global hotel groups, cruise operators, airlines and tour operators each show varying degrees of footprint or operational links to the…
Morgan Stanley's analysis shows Mastercard and Visa each have roughly 1-2% of net revenues exposed to travel-related activity in the Middle East. The firm says cross-border travel makes up the majority of networks' cross-border revenues, but the small absolute contribution from the region and the companies' ability to adjust costs limit potential r…
Indian stock benchmarks closed lower on Thursday, with the Nifty 50 dropping 0.95% to a fresh six-month low and the BSE Sensex off 1.08%. Declines were concentrated in the auto, real estate and banking sectors, even as select energy and utilities names recorded gains. Market volatility and commodity prices moved higher alongside currency shifts.
Kardex reported a strong second half for 2025 with group order intake rising to €528 million, beating consensus. Sales increased modestly in H2 while net income was weighed down by a CHF39 million impairment tied to a previous loan. The company reaffirmed its medium-term margin ambitions but did not provide explicit targets for fiscal 2026.
Autoneum reported solid free cash flow for full-year 2025 and met its margin guidance, but its 2026 sales and EBIT outlook landed below pre-results consensus. Net debt rose, driven by acquisition-related outflows and working capital movements, while regional results were mixed across Europe, North America, Asia and SAMEA.
Bumble Inc. saw its shares jump 25% in premarket trading after reporting fourth-quarter revenue above expectations and unveiling plans for an AI-driven revamp of its dating app, Bumble 2.0. Management emphasized experiments with a no-swipe option and new profile formats aimed at younger users, while J.P. Morgan upgraded the stock to neutral, citing…
RBC Capital Markets has upgraded Repsol by two notches to Outperform from Underperform, citing disruptions to refining capacity in the Middle East that are tightening supplies of refined products, particularly diesel. The firm raised its price target to €25 from €20 and flagged potential upside to earnings from elevated refining margins, as well as…
U.S. Senator Elizabeth Warren has asked Amazon CEO Andy Jazzy to explain how Amazon Business sets prices and structures contracts for public-sector buyers after a report by the Institute for Local Self-Reliance found instances where nearby schools and local governments paid markedly different amounts for the same office supplies. The senator's inqu…
Artificial intelligence is increasingly being used by both U.S. hospitals and health insurers in disputes over billing and reimbursement. Hospitals are adopting AI to capture and code services more precisely, driving higher payments, while insurers are using AI to detect potentially unwarranted care and challenge claims. Industry analyses and compa…
Google has given its new London headquarters the name Platform 37, a reference both to its proximity to King’s Cross railway station and to 'Move 37' from DeepMind’s AlphaGo match. The Thomas Heatherwick and Bjarke Ingels-designed building stretches 330 metres beside the rail lines, and will begin welcoming Google and Google DeepMind staff in the s…
Senior executives at major software companies are contesting the view that generative AI that automates human tasks will render traditional software-as-a-service (SaaS) firms obsolete. Oracle, Salesforce and other vendors say their deep, proprietary enterprise data, broad platforms and fast adoption of AI will protect their businesses, even as star…
In the run-up to U.S.-Israeli strikes that killed Iran's Supreme Leader on February 28, a growing industry of former military and national security advisers warned financial clients that a high-probability military response was likely. Major financial institutions have been expanding in-house and external geopolitical expertise as markets respond t…
Pharming Group reported fourth-quarter revenue of $106.5 million, up 15% year-over-year, and full-year revenue of $376 million, a 26% increase versus 2025. Product-level growth was led by Ruconest and Joenja, while operating expenses for the year surpassed prior guidance. The company reiterated 2026 guidance for revenues between $405 million and $4…
Lightwave Logic saw its shares rise as much as 30% in premarket trading on Thursday after the company announced a development agreement with Tower Semiconductor. The collaboration aims to integrate Lightwave Logic's compact, power-efficient modulator reference designs - targeting bandwidths of 110GHz and beyond - into Tower's PH18 silicon photonics…
