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.
9,170 total articles
Imec has inaugurated NanoIC, a 2.5 billion euro pilot semiconductor line in Belgium designed to support development of ultra-advanced chips under the European Chips Act. The facility will host ASML’s High NA EUV system and is built as a shared research platform to enable prototyping of beyond-2nm process steps before companies commit to commercial-…
U.S. software and services equities tumbled last week, driven in part by concerns around new AI capabilities and a legal tool tied to a major language model. The sector has lagged the S&P 500 by nearly 24 percentage points over three months, pushing volatility and short interest sharply higher and prompting a rotation into value and cyclical sector…
Shares of STMicroelectronics NV (EPA:STMPA) rose more than 6% after the company unveiled an expanded strategic partnership with Amazon Web Services that makes it a key supplier for AWS’s next-generation compute infrastructure. The pact includes warrants for AWS to acquire up to 24.8 million ordinary shares, exercisable over seven years at an initia…
Eni and CDP Venture Capital have jointly invested more than €500,000 in EXE Engineering, according to a statement. The capital is intended to speed the startup's development roadmap and support the expansion of its projects into new operating contexts. Neither investor disclosed specific terms or ownership stakes.
Alibaba halted the issuance of shopping coupons through its Qwen chatbot after overwhelming demand caused system strain. The coupon push was the opening phase of a 3 billion yuan campaign to drive engagement over the Spring Festival holiday. Alibaba said 10 million orders were submitted in the first nine hours and asked users to moderate activity w…
Hims & Hers Health shares fell sharply in premarket trading after the company announced it would cease sales of a newly introduced $49 compounded GLP-1 weight-loss pill following regulatory threats from the U.S. Food and Drug Administration. The product had been launched days earlier and briefly pressured major weight-loss drugmakers' stocks before…
DSM-Firmenich announced the sale of its Animal Nutrition & Health (ANH) division to private equity firm CVC for an enterprise value of €2.2 billion, keeping a 20% stake and unveiling a €500 million share buyback. The confirmation prompted a more than 5% fall in the company's share price as investors judged the capital return modest and raised quest…
On Feb. 7 President Donald Trump publicly endorsed Nexstar Media's proposed $3.54 billion purchase of Tegna, saying larger local station groups could provide stronger competition to what he called 'the Fake News National TV Networks.' The merger requires a change to the FCC's local ownership cap and faces regulatory scrutiny ahead of a Senate Comme…
Kroger's shares climbed roughly 6% in premarket trade after reports indicated the company has chosen Greg Foran, a former Walmart U.S. chief and ex-Air New Zealand CEO, to become its next chief executive. The move comes about a year after Rodney McMullen was removed following a board probe into his personal conduct. The appointment could be announc…
DBS Group has raised its ownership in Shenzhen Rural Commercial Bank (SRCB) from 19.40% to 19.90% by acquiring 52.2 million shares at 5.94 yuan apiece, a deal valued at 310 million yuan ($44.78 million). The transaction was disclosed the same day DBS published fourth-quarter results showing a 10% fall in profits, which the bank attributed to a redu…
Tegna Inc. stock climbed roughly 5% in premarket trading after U.S. President Donald Trump publicly endorsed Nexstar Media Group's proposed acquisition of Tegna. Nexstar's suggested $3.54 billion purchase, announced last year, would create the largest regional television station operator in the United States if regulators approve the deal. Regulato…
Wall Street futures were largely unchanged on Monday as traders paused following a week of tech-driven losses. Market participants are waiting for crucial U.S. economic reports and more signals from Fed officials about the timing of rate cuts, while scrutiny of the AI trade intensifies ahead of major semiconductor earnings.
British manager Schroders and U.S. private equity firm Apollo have formed a strategic partnership to develop wealth and retirement investment products that integrate public and private fixed income. The firms said they will launch an initial product later this year and intend to introduce a Collective Investment Trust in the United States during th…
A divided 5th U.S. Circuit Court of Appeals panel in New Orleans has affirmed a Trump administration policy that requires mandatory detention of certain non-citizens without bond. The decision, the first at the appeals level to support the administration’s interpretation, maintains that non-citizens already present in the United States can be class…
NEC Corporation's board has authorized a share buyback program capped at ¥30 billion, equivalent to roughly 0.51% of its outstanding shares (excluding treasury stock). The company will repurchase up to 6.8 million common shares through open-market transactions on the Tokyo Stock Exchange between February 10, 2026 and March 31, 2026, using a discret…
The European Commission has informed Meta Platforms Inc (NASDAQ:META) that it may impose interim measures compelling WhatsApp to allow rival AI assistants access to the messaging app. In a Statement of Objections sent on Monday, the Commission outlined its preliminary view that Meta abused a dominant market position by amending its WhatsApp Busines…
U.S. seaports handled 6.8% fewer container imports in January compared with the same month a year earlier, driven in part by the absence of the frontloading surge that pushed imports to a record high in the prior year as companies sought to avoid tariffs. Descartes Systems Group reported the total January volume at 2,318,722 TEUs, above the histori…
Adyen and Uber have deepened their commercial relationship so Adyen can handle Uber's payment processing in additional markets, add local acquiring capabilities in several countries, and deploy kiosks that allow riders to book trips without using a phone. The expansion includes adoption of region-specific payment methods and an immediate market rea…
UBS upgraded Germany-listed Scout24 SE from Neutral to Buy, pointing to the company's favourable positioning against AI-driven disintermediation, steady performance in its core property classifieds business and higher near-term earnings projections. The bank trimmed its price target to €102.60 from €107.80 after adopting a discounted cash flow valu…
Warpaint London PLC saw its shares rise 2.5% after revealing the £1.4 million acquisition of the Barry M brand and issuing a trading update for the fiscal year ended December 31, 2025. The group expects FY25 revenue of approximately £105 million and adjusted EBITDA of around £22 million, both short of prior targets and consensus, while highlighting…
Documents released by the U.S. Justice Department show UBS opened personal and business accounts for Ghislaine Maxwell in 2014, months after JPMorgan Chase moved to sever ties with Jeffrey Epstein. The files detail account holdings, payments, relationship management and a later grand jury subpoena as investigators probed Maxwell following Epstein's…
Goldman Sachs analysts project a sharp recovery in U.S. initial public offerings in 2026, forecasting proceeds of $160 billion and roughly 120 listings as improving economic growth, firmer equity prices and easier financial conditions revive dealmaking. A small group of highly valued private companies - including SpaceX, OpenAI and Anthropic - are …
Jefferies has upgraded Dunelm from "hold" to "buy" after the UK homewares retailer's shares slid roughly 20% following softer second-quarter trading. The broker says the decline has pushed Dunelm to trade at about 11x forecast FY27 earnings - near 30% below its long-term average valuation - and believes the market reaction is disproportionate to th…
Morgan Stanley has reaffirmed its favorable view of European banks following a round of fourth-quarter results that delivered widespread beats at the operating and pre-tax levels. Reporting so far covers roughly 65% of the sector by market capitalization, with an average 4% outperformance at both pre-provision operating profit (PPOP) and profit bef…
Standard Chartered has appointed Raza Jafree as global head of private client sales as the bank establishes a new partnership between its corporate and investment bank and wealth unit to support single-family offices and ultra-high net worth clients. Jafree, who joined on February 2 from UBS and is based in Hong Kong, brings almost 30 years of expe…
