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
Goldman Sachs has named three Japanese semiconductor capital equipment makers as top sector picks after Intel increased its 2026 capital expenditure outlook by roughly $3 billion and signaled a larger allocation to wafer fabrication equipment. The bank highlighted Lasertec, Tokyo Electron and Disco for their exposure to Intel’s advanced-node and pa…
Australian equities closed higher on Monday, with the S&P/ASX 200 rising 1.39% to reach a one-month high. Strength in information technology, gold and materials helped lift the benchmark, although several mining names posted notable declines. Market-wide implied volatility fell and key commodity prices diverged, with gold higher and crude oil retre…
Science Group reported weaker core revenue in the first half of 2026 as it reduced low-margin defence pass-through sales, while adjusted operating profit and adjusted earnings per share rose. The company also raised its 2026 share buyback expectation to exceed £20 million and anticipates sequential growth in the second half of the year led by Servi…
RTC Group reported a decline in first-half profit as rising operating costs and a slowdown in its energy division pressured margins. Revenue dropped to £45.22 million, with operating profit of £786,000 and pretax profit of £747,000. The company kept its interim dividend and cited ongoing market uncertainty as the reason for not reinstating formal g…
Egide SA posted a modest drop in first-half 2026 revenue on a reported basis, with a stronger showing at constant exchange rates. A sharp fall in U.S. sales and a production stoppage at the Santier site were the primary drivers of the decline, while thermal imaging sales expanded and now account for more than half of group revenue. Management flagg…
Luxury groups facing weak fashion sales and reduced Middle East spending are increasingly reliant on jewellery to sustain growth and margins. Big names such as Richemont and LVMH are reporting strong jewellery performance, while smaller labels and fashion houses are escalating efforts in the category. The shift raises strategic questions for brands…
Morgan Stanley resumed coverage of Accor SA with an equal-weight rating and a €51 price target, saying the €975 million Essendi disposal largely finalises the groups shift to an asset-light model. The bank sees only modest upside from current levels and highlights several near-term headwinds including Middle East exposure, subdued net unit growth …
Taiwan's benchmark slipped at Monday's close, driven by sector losses in Plastic and Oil, Gas & Electricity. The Taiwan Weighted dropped 2.67% as notable individual movers included several double-digit percentage swings among listed names. Commodities and currency moves accompanied the equity weakness, with oil falling sharply and gold edging highe…
Shein's draft prospectus for a planned Hong Kong listing discloses the retailer's senior management team, board membership and ownership split, and confirms the company swung to a $99 million loss in Q1 2026 versus a $395 million net income a year earlier. The filing does not specify the size, price or timetable of the offering, nor which entities …
Contemporary Amperex Technology Co Ltd said its board will repurchase between 20 billion and 40 billion yuan of A-shares, a move that pushed Shenzhen-listed shares higher after the company reported a strong first half with double-digit revenue and profit growth. Management framed the buyback as a way to address valuation gaps and protect shareholde…
Most Asian equity markets posted modest gains as retreating oil prices and reduced geopolitical tensions lifted risk sentiment. Futures on major U.S. indexes pointed to a firmer Wall Street open, while investors prepared for a pivotal week featuring the Federal Reserve’s policy decision and earnings from several megacap technology firms. China saw …
Shares of Chinese DRAM producer CXMT Corp surged more than 470% in their first day of trading in Shanghai, valuing the company at about 3.3 trillion yuan and marking Asia's largest IPO so far in 2026. The company raised 57.92 billion yuan to expand capacity, R&D and working capital amid strong demand for memory chips used in AI servers and data cen…
Naver shares climbed roughly 8% after Nvidia agreed to buy $1 billion of newly issued Naver shares to help finance an enlarged artificial intelligence data center. The capital infusion will allow Naver to more than triple the planned facility, which is being developed with Brookfield and will rely on Nvidia's AI computing hardware. The move is part…
EQT has submitted a third revised, non-binding cash proposal for Perpetual Ltd this month, offering A$22.50 per share and valuing the firm at A$2.55 billion (about $1.78 billion). Perpetual's shares rose after the announcement, while the approach remains conditional on the completion of Perpetual's planned sale of its wealth management business to …
U.S. equity futures moved higher on Sunday evening as oil dropped after a pause in hostilities between Washington and Tehran. Markets are now preparing for a busy week that includes earnings from large technology firms and the Federal Reserve's two-day policy meeting, where investors will seek guidance on the outlook for interest rates and inflatio…
Asian equity markets and global bond prices climbed as a temporary pause in Gulf hostilities pushed oil markedly lower, reducing inflation worries. The drop in crude shifted some probability away from further Federal Reserve rate hikes ahead of a week packed with central bank decisions and a heavy schedule of corporate results, especially from majo…
Nvidia is reportedly in discussions to provide approximately $250 billion in financial backing for OpenAI to secure lease and construction financing for a planned 10-gigawatt data center campus in southern Ohio being developed by SoftBank's energy unit. The overall project could exceed $500 billion when equipment costs are included, and a separate …
CXMT Corp, also known as ChangXin Memory Technologies, will start trading in Shanghai following what has become the largest mainland semiconductor IPO on record this year. The company raised 57.92 billion yuan by pricing shares at 8.66 yuan apiece, giving it an implied market value of about 579 billion yuan ($85.5 billion) pre-over-allotment. With …
Brown-Forman said its board received an unsolicited proposal from Sazerac and determined the approach to be "not actionable." The company did not disclose the value of the proposal. Wolf Pen Branch, LP, holder of a majority of Class A shares, expressed confidence in Brown-Forman’s brands and said Sazerac’s proposal did not match its vision for the …
Russia's MOEX Russia Index closed the session flat, with sector swings producing both notable winners and losers. OZON, Polyus and Unipro were among the day's top gainers, while Rosneft, TATNEFT and LUKOIL registered the largest declines. Market breadth slightly favored decliners, and commodity and FX moves reflected softer oil and mixed metals flo…
Goldman Sachs warns that U.S. midterm elections will likely raise policy uncertainty and market volatility in the months ahead, with investors historically trimming equity exposure before rebuilding after the vote. The bank notes that the election outcome itself is unlikely to be a primary determinant of equity performance and highlights other mark…
House Republicans presented a much-reduced reconciliation framework that trims proposed defense funding to $60 billion from a prior $350 billion target. Wolfe Research says the smaller package modestly improves prospects for enactment but substantially lowers its significance for investors, and warns that procedural and calendar constraints still m…
United Airlines initiated merger discussions with Delta Air Lines last year, including a direct call from United CEO Scott Kirby to Delta CEO Ed Bastian, according to people familiar with the matter. Delta conducted preliminary due diligence but decided not to advance talks. United later approached American Airlines about a merger, an approach Amer…
Exchange-traded fund assets in Brazil have climbed to about 116 billion reais ($22.8 billion), nearly tripling over two years as investors seek tax-efficient access to the country’s high-yield debt market. Major asset managers have expanded ETF operations to meet demand, with fixed-income ETFs drawing substantial flows amid fee advantages and favor…
Citi expects the Federal Reserve to keep interest rates unchanged at its July policy meeting despite higher oil prices and market pricing that implies a roughly 30% chance of a near-term hike. The bank points to softer-than-expected June core inflation, slowing payroll growth and other signs of moderating economic pressure as reasons policymakers w…
