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.
19,891 total articles
ProPicks AI strategies captured a broad rally across international markets in May, with several selections posting explosive returns as investor flows moved from U.S. tech into industrials, hardware manufacturers, communications infrastructure and AI-linked businesses. South Korean infrastructure and electronics names led the surge, while Taiwanese…
European Union competition authorities have moved to a full-scale investigation into JD.com’s proposed $2.5 billion acquisition of German electronics group Ceconomy, citing preliminary indications that foreign subsidies - including preferential financing, tax incentives and grants possibly attributable to the People’s Republic of China - may have b…
Oracle shares climbed in pre-market trading following JPMorgan's initiation of coverage at Overweight with a $210 price target. The move comes amid sizable AI-related contract wins, accelerating infrastructure revenue, and a consensus analyst landscape that is predominantly bullish, all of which have reshaped investor expectations about Oracle's ro…
Ukrainian President Volodymyr Zelenskiy is in Sweden for meetings with Prime Minister Ulf Kristersson, with officials expected to announce developments related to Saab Gripen fighter jets. A prior letter of intent envisaged the potential sale of up to 150 Gripen E aircraft, but delivery schedules remain several years out and talks have included tra…
Nebius shares rose sharply in pre-market trading after Situational Awareness LP, the AI-focused hedge fund established by former OpenAI researcher Leopold Aschenbrenner, revealed a 12.41 million Class A share stake equal to 5.6% of the company. The announcement arrived alongside strong Q1 2026 results and expanded power capacity guidance, while ana…
Delivery Hero shares slid more than 3% after Uber Technologies paid just under €40 a share to acquire activist investor Aspex Management’s stake. The purchase increased Uber’s stake to 36.83% and lifted voting rights to 24.99%, while leaving a portion of the holding in instruments and remaining below the 30% level that would trigger a mandatory bid…
Snowflake's stock spiked 36% in premarket trading after the company raised its annual product revenue forecast and disclosed a five-year, $6 billion AI infrastructure agreement with Amazon Web Services. The move lifted investor sentiment across related data software names, prompted widespread analyst target increases, and highlighted questions abou…
U.S. stock index futures edged lower on Thursday after an escalation in hostilities between the U.S. and Iran dampened hopes of a near-term de-escalation and pushed oil prices higher. Investors are also focused on the day’s personal consumption expenditures inflation report, the Federal Reserve’s preferred measure, for guidance on the monetary poli…
Chinese regulators and market participants are exploring futures contracts tied to AI tokens - the smallest unit of information processed by AI models - with the Shanghai Futures Exchange reported to be in early-stage product design. The initiative, driven in part by competition with the United States, would create a derivatives tool for firms acro…
Simon Robinson, currently executive editor at Reuters, has been named director of news and current affairs at the Australian Broadcasting Corporation. He will begin in September, succeeding Justin Stevens, who resigned this week. Reuters has designated Nick Tattersall to succeed Robinson as global managing editor, newsroom.
General Motors LLC has issued a recall covering 2,785 pickup trucks because of a potential failure in the roof rail airbag inflator. The recall, filed with the National Highway Traffic Safety Administration, covers select 2018 Chevrolet Silverado 1500 and GMC Sierra 1500 vehicles, and select 2019 Chevrolet Silverado 2500/3500 and GMC Sierra 2500/35…
Chevron has formally applied to assume a 70% interest in an offshore exploration block southwest of Greece from Helleniq Energy, the Greek energy ministry said on Thursday. If regulators approve the transfer, Chevron would become the operator and head exploration activity in Block 2 in the southwest Ionian Sea. Greece is considering allowing both c…
BT Group shares fell sharply amid news that the British government plans to block any attempt by Sunil Bharti Mittal to increase his nearly 25% holding, compounding investor concern after disappointing full-year results and mounting customer losses at Openreach. Broader risk-off market conditions, driven in part by escalating geopolitical tensions …
Novem Group, a supplier of automotive interior components, reported preliminary fiscal 2025/26 results showing revenue of €510.90 million, down 5.6% year-on-year, and adjusted EBIT of €31.80 million, a 35% decline. The company recorded a near 70% increase in full-year free cash flow to €48.10 million and secured order intake in excess of €60 millio…
A UBS report published on Thursday shows that many of the world's wealthiest family offices are reducing exposure to the U.S. dollar. Conducted between January and late March, the survey found two-thirds of respondents expect confidence in the dollar as a reserve currency to weaken over the year, and nearly half see themselves as overexposed to dol…
British equities dropped on Thursday, with the FTSE 100 down nearly 1%, as a fresh round of U.S.-Iranian strikes undermined hopes for a ceasefire and comments from the European Central Bank's chief economist raised the prospect of more entrenched energy inflation. The move came alongside losses across major European indexes and a modest decline in …
European equities declined on May 28 as renewed clashes between Iran and the U.S. pushed crude prices higher and heightened unease about the global economic outlook. The STOXX 600 slipped while energy-sensitive airlines fell and semiconductor suppliers bucked the trend with gains. The market reaction reflected an immediate sensitivity to geopolitic…
KKR & Co will open an office in Milan to manage an expanding set of activities in Italy following large investments in Telecom Italia’s fixed-line network and a stake in Eni’s biofuel unit. The Milan hub will oversee private equity, real assets, credit and insurance, and private wealth business, and will be led by members of KKR’s infrastructure an…
European equity indices fell at the market open after renewed hostilities in the Gulf raised fears that a tentative ceasefire and potential U.S.-Iran peace arrangements could be jeopardised. Major German, French and U.K. benchmarks opened down, while Brent crude rallied above $96 a barrel amid reported U.S. strikes and intercepted missile and drone…
Faced with growing domestic lending opportunities and a surge of household money moving into the stock market, Japanese banks are actively seeking new ways to attract and retain deposits. Higher deposit rates from a gradually tightening Bank of Japan, government encouragement of stock investment via the expanded NISA programme and record-high equit…
Japanese equities closed lower Thursday, with the Nikkei 225 falling 0.53% as declines in Paper & Pulp, Transport and Communication segments outnumbered gains. A handful of electronics firms posted strong advances and multi-year highs, while several industrial and materials stocks led losses. Volatility on Nikkei options rose, and oil and currency …
SpaceX's provision of compute capacity to AI startup Anthropic is structured as an initial 180-day lease with a 90-day mutual cancellation window, CEO Elon Musk said. The terms permit SpaceX to reclaim capacity if internal needs tighten, even though an IPO filing previously disclosed payments running through May 2029. The arrangement includes acces…
Jefferies launched coverage of Compass Gas e Energia with a buy rating and a 12-month price target of 37 reais per share, implying roughly 38% upside to the stock's 26.85 reais quote on May 28, 2026. The bank applies a blended 7.7x EV/EBITDA multiple to 2026 estimates, differentiating multiples for regulated distribution units and the trading/infra…
Australian equities closed lower on Thursday, with the S&P/ASX 200 slipping 1.43% as losses in the Gold, Metals & Mining and Materials sectors pushed the market down. A larger number of stocks fell than rose, the market volatility gauge climbed, and commodities showed mixed moves with gold lower and oil higher.
Bernstein has singled out four Japanese consumer companies as top sector picks, citing durable business models, vertical integration and international growth opportunities. The firm assigns Outperform ratings to Fast Retailing, ASICS, Food & Life Companies and Pan Pacific International Holdings, attaching price targets that imply between roughly 20…
