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.
20,609 total articles
Shares of several companies tied to the commercial space industry rose in U.S. premarket trading after Elon Musk said he is working on plans to move forward with an initial public offering for SpaceX, a remark he made while in Texas. Satellite broadband and space transportation stocks led the moves, with EchoStar and Intuitive Machines among the la…
A social movement representing Western Cape communities and a UK-based non-profit have formally objected to Equinix's application to build two data centres in Cape Town, arguing that key information on water use, power demand, backup generation, emissions and other environmental impacts has not been disclosed and that the planning application shoul…
Citigroup analysts Charles Armitage and Rodrigo Campo upgraded Rheinmetall to "buy" with a €1,408 target and raised Saab to "neutral" with a SEK527 target following a widespread pullback in European defence stocks. Citi says the market reaction appears excessive given the sustained security threat from Russia and lays out detailed valuations and sc…
At Sandia National Laboratories' Kirtland Air Force Base facility, liquid-cooled supercomputers run high-precision simulations for nuclear security. With mainstream chipmakers shifting designs toward AI workloads and creating supply constraints, Sandia is evaluating newcomer processors, including Israeli startup NextSilicon, to ensure continued acc…
Inter IKEA, the group that manages sourcing and franchise relationships for the Swedish flat-pack furniture brand across 63 countries, is eliminating 850 positions as it seeks to reduce costs and become more efficient. The move comes as consumer spending weakens, costs and U.S. tariffs pressure margins, and the company pivots from large suburban wa…
InvestingPro is running a time-limited flash sale that allows new subscribers to secure the platform's full feature set for the lowest price of 2026. The offer includes access to monthly AI-powered stock picks that the service says have significantly outperformed the S&P 500, new strategy coverage across global markets, and a suite of analytical to…
Regeneron Pharmaceuticals saw its shares tumble in premarket trading after announcing that its phase 3 trial of fianlimab in metastatic melanoma did not meet the study's primary endpoint of statistically significant improvement in progression-free survival. While a numeric median PFS gain of 5.1 months was recorded for the high-dose fianlimab combi…
Teleperformance SE shares rose sharply after the company unveiled a refinancing package that includes new 5-year and 8-year senior unsecured fixed rate notes and a partial tender offer for about EUR 500 million of higher-cost bonds maturing soon. The move is aimed at pushing out debt maturities and bolstering the balance sheet, and it arrived again…
Indonesia's benchmark IDX Composite Index fell 2.88% at Monday's close, reaching a new 52-week low as selling dominated the session. Infrastructure, financials and agriculture stocks led declines, while a small set of mid- and small-cap names posted strong gains. Commodities and currency moves accompanied the equity weakness.
Prudential has agreed to acquire a 75% controlling interest in Bharti Life Insurance for $389 million, with a potential additional earn-out payment of $78 million contingent on specified conditions. UBS values the whole business at about $623 million including the conditional payment. The insurer intends to leverage its capabilities and secure dist…
The two-day meeting between U.S. President Donald Trump and China’s Xi Jinping emphasized 'strategic stability,' reducing near-term geopolitical uncertainty for Chinese markets. However, the summit produced no substantial trade breakthroughs or concrete Chinese action to ease the U.S.-Israeli conflict with Iran, leaving investors concerned about en…
Teleperformance SA shares jumped after the company unveiled a bond refinancing package that includes issuance of new 5-year and 8-year senior unsecured notes, an expected BBB rating from S&P, and a partial tender offer to repurchase selected outstanding bonds using proceeds from the new issue. The operation is intended to extend the company’s debt …
Advanced Medical Solutions Group shares fell sharply after U.S. private equity firm TA Associates Management, L.P. confirmed on May 15 that it will not proceed with a potential offer for the British wound-care company. The decline followed an April 18 disclosure that TA was considering a possible bid.
Commonwealth Bank of Australia has named Mary-Anne Williams as its chief AI scientist, a role the bank says is the first of its kind at an Australian lender. Williams joins from the University of New South Wales, where she is deputy director of the AI Institute. The bank did not disclose her start date. Williams will lead a team of AI scientists an…
Shares of biopharma equipment supplier Sartorius rose after reports that activist investor Elliott Investment Management has accumulated a stake in the company and in Bio-Rad Laboratories. UBS is cited as saying Bio-Rad holds a 28% position in Sartorius. The report says Elliott intends to push Bio-Rad to enhance its stock performance and to extract…
Publicis saw its stock rise 4.2% on Monday following the announcement that it will acquire U.S. data collaboration company LiveRamp for about $2.2 billion in cash at $38.50 per share. The purchase, priced at a 29.8% premium to LiveRamp's closing price on Thursday, accompanies upgraded guidance that lifts expected constant-currency net revenue growt…
Bank of America research finds that commodity trading advisors (CTAs) sharply curtailed new equity longs last week — adding roughly $2 billion — and warns that the potential for forced unwind activity is increasing. Short- and medium-term trend signals remain at peak long settings, while longer-term trends are still healing from prior drawdowns. Th…
Liquidators handling the collapse of Evergrande Group have filed claims totaling 57 billion yuan against PwC affiliates, alleging negligent auditing. A Hong Kong hearing centered on whether PwC International should be liable alongside its Hong Kong and China member firms, with the liquidators seeking damages in addition to regulatory penalties alre…
European stock indices opened lower on Monday as a jump in sovereign bond yields and rising oil prices followed fresh drone attacks in the Gulf. Geopolitical developments - including a strike at a UAE nuclear facility and intercepted drones near Saudi Arabia - lifted energy prices and pushed government yields higher, weighing on equities even as in…
European equity markets fell on Monday as rising energy costs and a continued breakdown in diplomacy between the U.S. and Iran heightened inflation concerns. The STOXX 600 dropped 0.7% to 602.52 by 07:03 GMT, with major German and French indices also lower. Geopolitical incidents in the Gulf region - including a drone-caused fire at a UAE nuclear p…
British equity markets traded lower as renewed hostilities and sharp public warnings from the U.S. President intensified concerns about disruptions to global energy flows. A drone strike near the Barakah nuclear power plant in the United Arab Emirates and strongly worded social media statements from the U.S. President contributed to risk-off sentim…
Japanese equities closed lower on Monday, with the Nikkei 225 falling 1.08%. Broad weakness in the Paper & Pulp, Transport and Communication sectors drove the market decline. Market breadth favored decliners, while notable individual stock moves included sharp gains for Terumo, Recruit and Kioxia and steep drops for Marui Group, Nikon and Subaru. V…
An Indian court has directed Apple to fully cooperate with investigators in an antitrust inquiry concerning the iPhone apps market, while instructing the Competition Commission of India (CCI) to refrain from issuing a final order before July 15. Apple had sought a pause in proceedings while it challenged the country's penalty calculation law; the c…
Australian equities closed lower on Monday, with the S&P/ASX 200 dropping 1.45% to a new one-month low. Losses in Industrials, Materials and Gold sectors drove the market down. The volatility index for the ASX benchmark rose, while commodity moves were mixed with crude and Brent higher and gold futures lower.
Anglo American PLC has reached an agreement to divest its Australian steelmaking coal portfolio to Indonesia-based Dhilmar Ltd for up to $3.875 billion in cash. The transaction includes an immediate cash payment of $2.3 billion, with the balance payable through a price-linked earnout. Anglo said it will apply the proceeds to reduce net debt. The sa…
