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.
29,151 total articles
Royal Bank of Canada shares rose in pre-open trading after the bank reported record fiscal third-quarter 2026 results. Adjusted net income and adjusted diluted EPS topped expectations, driven by gains in Wealth Management, Capital Markets and Commercial Banking. Analyst upgrades and a positive broader market tone contributed to the stock's early ga…
Wendy’s premarket shares plunged after reports that Trian Fund Management has stepped away from pursuing a take-private transaction. Sources told Reuters the investment firm cited concerns about the company’s trading price, valuation multiples and strategic direction. The move reverses momentum that had pushed the stock higher earlier this month wh…
Wendy’s stock tumbled 13.1% in pre-market trading after a report the previous evening indicated that Nelson Peltz’s Trian Fund Management has no current plans to pursue a take-private bid. The update unwound a recent acquisition-driven rally, exposing the company’s recent operational struggles and leaving the share price to reprice amid elevated sh…
As the Federal Reserve moves to finalize a broad rewrite of bank capital rules, the alliance that long united the largest Wall Street firms has split. The dispute centers on a proposed revision to the GSIB surcharge that changes how short-term wholesale funding is measured. JPMorgan and Bank of America argue the tweak would reduce their expected ca…
Nebius Group stock jumped sharply in pre-market trade, reversing a recent six-session decline after the company closed a $5.75 billion convertible notes sale well above its $4.5 billion target. The successful funding, a Goldman Sachs price-target lift to $328 and unanimous shareholder approvals at the company AGM combined with sector-wide momentum …
Elekta AB ser. B shares dropped after a first-quarter 2026/27 interim report showed only modest constant-currency sales growth and deteriorating margins driven by currency moves and tariffs. Softness in the U.S. and China and a cautious analyst backdrop amplified the selloff, leaving the stock nearer its 52-week low than its high.
British equities pulled back on Thursday, with the FTSE 100 down about 0.5% as falling crude oil prices pressured integrated energy firms and ended the index's multi-session advance. Mixed corporate results and weaker industrial output added to market caution, while investors awaited a high-profile central bank keynote at the Jackson Hole symposium…
European equity markets held close to unchanged as traders digested Nvidia’s strong results and guidance while remaining cautious on industrial and consumer sectors. Gains in chip-equipment and semiconductor names contrasted with soft performances across major indices, and oil slipped after reports of renewed diplomatic talks in the Middle East eas…
Iliad reported a 2.2% increase in half-year core profit, supported primarily by stronger performance in Italy. The French telecom group recorded EBITDA after leases of €2 billion in the first half of 2026 and consolidated revenue of €5.24 billion, with Italy delivering double-digit revenue growth and mobile customer additions boosting the total sub…
Empire Metals recorded a larger first-half loss as it increased capital deployment at its Pitfield titanium project, completed a significant drilling programme and finalised a metallurgical flowsheet. The company raised £8 million from shareholders and sold an Eclipse Mining Lease for A$750,000 while planning further technical studies and a prospec…
Baidu's Hong Kong-listed shares climbed sharply after the company confirmed its voluntary conversion from a secondary listing to a dual primary listing will take effect on September 1, 2026. The move raises the possibility of inclusion in the Stock Connect scheme, which could allow mainland investors to channel capital into the stock. Brokers maint…
Taiwan's benchmark index finished higher on Thursday, led by advances in the Plastic, Chemical and Optoelectronic sectors. The Taiwan Weighted rose 0.30% at the close. A handful of names recorded double-digit percentage gains while several others posted notable losses. Commodity prices were mixed, with crude oil down and gold up.
ZAI Co Ltd shares rallied after the firm publicly confirmed and open-sourced GLM-5.3-Flash, a 320-billion-parameter, mixture-of-experts model with native support for text, image, and video inputs and a 1-million-token context window. The model - previously circulating anonymously as 'Ox Alpha' - was released under an MIT license with weights upload…
Baidu said it will reclassify its secondary listing on the Hong Kong Stock Exchange to a primary listing effective September 1, establishing a dual listing with Nasdaq. The move makes the company eligible for the Stock Connect scheme and drove a more than 6% rise in its Hong Kong shares (9888) after the announcement. The firm gave no timetable for …
U.S. authorities are investigating Singapore-based Apex Logistics for allegedly handling shipments of Nvidia AI-equipped systems destined for mainland China in 2024. The Commerce Department's Bureau of Industry and Security is leading a probe into 47 shipments that may have moved Nvidia-powered servers from Taiwan to the U.S., onward to Southeast A…
MiniMax shares climbed after the company posted a 283.1% increase in first-half revenue to $116.6 million and reported a stronger gross margin. Rapid expansion of its Open Platform and higher monetization of AI-native products supported the top-line gain, while continued investment in model development widened adjusted losses.
Wesfarmers shares fell after annual results met several headline improvements but failed to assuage investor concerns about ongoing elevated operating costs. While group profit, revenue and EBIT rose year-on-year, management warned that high operating expenses are likely to remain a headwind in FY27. Mixed performances across divisions - with gains…
Shein is preparing to price its Hong Kong initial public offering at HK$48.56 per share, near the middle of its marketed range, in a deal that would raise about HK$13.6 billion and peg the company's valuation at roughly $26.5 billion. The pricing represents a substantial reduction from the private market peak of nearly $100 billion in 2022 and from…
Nvidia reported blockbuster results and raised guidance, sending its stock higher in after-hours trade. Yet market reactions among Asian suppliers diverged sharply: memory producers gained, some foundry and packaging firms were muted or modestly higher, while test-equipment makers slid. The split traces back to Nvidias guidance that gross margins …
U.S. stock futures rose late Wednesday following Nvidia’s robust quarterly report and upbeat guidance, which reinforced hopes for sustained spending on artificial intelligence infrastructure. The gains in futures came even as July inflation readings exceeded expectations, keeping scrutiny on the Federal Reserve’s policy direction ahead of remarks a…
Kioxia Holdings shares jumped after reports that the company plans a major new memory fabrication site in northern Japan, with total investment expected to exceed 1 trillion yen (about $6.27 billion). The move was framed as one of the company's largest capacity commitments and is portrayed as management's bet on sustained AI-driven demand for NAND …
Qantas Airways shares rose 3.1% to A$9.51 after the carrier reported underlying profit before tax of A$2.06 billion, narrowly beating analyst consensus. Positive elements including a final dividend, strong loyalty-unit performance and fleet deliveries offset concerns over sharply higher jet fuel costs in the second half.
Private equity firm KKR has agreed to pay $250 million to resolve a U.S. civil antitrust action alleging repeated failures to comply with premerger filing obligations and efforts to avoid antitrust scrutiny in at least 16 deals. The Department of Justice described the fine as the largest-ever under the Hart-Scott-Rodino Act. KKR said it disagrees w…
Nvidia has engaged in recent acquisition discussions with Hugging Face, with reports indicating a potential valuation above $13 billion while another account cites a $12.9 billion figure. The talks come as Nvidia accelerates AI-related purchases and commits significant equity investment dollars for the rest of the year, days after reporting stronge…
Canadian Solar has enlisted Guggenheim Securities to advise on potential paths for its Recurrent Energy business, according to people familiar with the situation. The unit, which develops utility-scale solar and battery storage projects, has faced interruptions to certain U.S. clean energy tax credits and is pursuing asset sales to lower borrowings…
