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.
30,009 total articles
China’s 618 mid-year shopping festival, centered on the anniversary of JD.com’s founding, has unfolded more quietly than in past years. The event - stretched into a roughly 40-day promotion period - highlights restrained consumer behaviour amid property-sector weakness and trade-related job concerns, while e-commerce firms increasingly deploy AI to…
Tesco reported a sharp slowdown in first-quarter like-for-like sales growth, citing a strong prior-year comparison and uncertainty related to the conflict in the Middle East, even as it raised its guidance for adjusted operating profit and free cash flow for 2026-27. Group sales for the 13 weeks to May 30 rose 1.8% on a like-for-like basis to 3.83…
XPS Pensions Group reported full-year adjusted earnings per share and underlying profits that beat analyst expectations for fiscal 2026, with advisory services the primary growth driver. Revenue, adjusted EBITDA and pretax profit all came in above consensus, supported by regulatory-led demand, risk transfer and GMP-related work, and contributions f…
A limited-time Flash Sale on InvestingPro expires in a matter of hours. Subscribers can obtain the platform's full premium toolkit - including ProPicks AI strategies that have significantly outperformed the S&P 500 since launch - for less than $7 per month. The offering bundles AI stock selection, exit signals, valuation tools, real-time AI chat, a…
TD Cowen reaffirmed a Buy stance on ServiceTitan, highlighting the company’s leadership position in a large, stable market and identifying four structural growth levers. The firm described company guidance as conservative with potential for beats and upward revisions, and said margins could expand materially, supported by productivity gains tied to…
Australian stocks closed lower in Sydney on Thursday, with the S&P/ASX 200 falling 0.62% as losses in the Gold, Metals & Mining and IT sectors pushed the benchmark down. Megaport Ltd led gains after reaching a three-year high, while Generation Development Group, Nickel Mines and Seek were among the heaviest decliners. Moves in commodities and curre…
Ajinomoto's stock climbed sharply as investors priced in the company's leading role in Ajinomoto Build-up Film (ABF), driven by a 30% ABF price increase effective Q3 2026, reassurance on demand through 2030, and plans for a third production site. Analysts' buy-side consensus and broader gains in Japanese AI-related materials stocks helped propel th…
Duke Royalty, a Guernsey-based hybrid capital provider, reported a 7% year-on-year increase in cash revenue for fiscal 2026 to £28.60 million, alongside a 10% decline in adjusted earnings and a 13% rise in free cash flow. The company backed existing capital partners with £21 million of deployments and signalled a cautious outlook for fiscal 2027 am…
Fufeng Group's Hong Kong-listed shares plunged after the company issued a profit warning reporting an approximate RMB 53 million net loss for the five months ended May 31, 2026. Management attributed most of the deterioration to about RMB 540 million in foreign exchange losses tied to substantial US dollar cash holdings, while persistently weak sel…
The Taiwan market ended Thursday with a gain, led by advances in the Optoelectronic, Paper & Pulp and Financials sectors. The Taiwan Weighted rose 0.91% at the close. Several individual names moved sharply, with Rectron Ltd and Biostar Microtech each climbing 10.00% and multiple stocks sliding near double digits. Commodity prices fell, while curren…
Lenovo shares fell after the company unveiled a HK$36.70 conversion-priced, $2 billion zero-coupon convertible bond offering due 2033 that could create up to roughly 427 million new shares. Management also proposed a selective buyback of existing convertible debt due 2029. Investors reacted cautiously, citing dilution risk, while a broader slide in…
Recent drone incidents affecting airports and energy sites have accelerated demand for radar, jamming and other counter-drone technologies across civilian sectors. Companies that once focused on military customers are now selling to airport operators, energy firms, ports, data centres and hotels, but strict rules on jamming and weapons in civilian …
U.S. President Donald Trump announced that Apple has agreed to collaborate with Intel to design and manufacture chips on American soil, framing the development as part of a broader push to revive domestic semiconductor production. The statement offered no operational specifics. The move was described alongside other government-backed efforts to str…
Haitong has identified ten mid- and small-cap Indian companies it views as top picks, spanning reinsurer GIC Re, fintech platforms, exchanges, consumer goods and hospitality. The selections are supported by operational improvements, scalable distribution or product expansion, and projected revenue and profit growth metrics over FY26-28E for several…
JPMorgan Chase has blocked employees in its Hong Kong office from selecting Anthropic’s Claude models from the bank’s internal roster of approved large language models. The restriction stems from language in Anthropic’s usage terms within the licensing agreement with JPMorgan. The action aligns with a similar step taken by another major bank earlie…
Shares of leading Chinese food delivery and e-commerce platforms declined after the State Administration for Market Regulation released a set of draft rules targeting sustained, large-scale subsidies in the food delivery sector. Meituan fell 2.2%, Alibaba dropped 3.2% and JD.com slid 2.3% amid concern about tightening oversight of subsidy-driven co…
China-headquartered electric vehicle leader BYD is exploring ways to associate with Formula One as part of a broader push to grow its brand outside China. Direct entry as a factory team would require heavy upfront capital, complex regulatory compliance and could expose the company to dilution fees and infrastructure costs. Analysts say sponsorship …
Meituan's Hong Kong-listed shares slid after Beijing's market regulator released draft rules curbing prolonged, below-cost subsidies by delivery platforms. While the measures are broadly seen as supportive of healthier unit economics over time, investors worry about order growth normalization and market-share defense amid intensified competition an…
Rising fuel prices associated with the Iran war have sparked a notable increase in demand for electric vehicles across Europe, according to industry data. New EV registrations climbed sharply in May and fully electric models are taking a growing share of new-car sales. Cheaper new models — including from Chinese automakers — and a growing supply of…
Noam Shazeer, a vice president of engineering at Google and co-lead of the Gemini AI models, said Wednesday that he will depart Google to join OpenAI. The timing of the move was not disclosed. The change comes as major AI firms compete for talent and as OpenAI prepares for an initial public offering later this year. Shazeer joined Google less than …
Asian equities advanced broadly after reports that the United States and Iran signed a memorandum of understanding to halt a nearly four-month conflict, a development that lifted risk appetite and sent S&P 500 futures higher. Japan's Nikkei 225 and South Korea's KOSPI both hit record highs, led by chip and AI-related stocks. Hong Kong underperforme…
Australia's corporate regulator, the Australian Securities and Investments Commission (ASIC), says HSBC's Australian business admitted to serious shortcomings in safeguarding customers against scams and will jointly seek Federal Court approval of a proposed A$35 million penalty. ASIC's investigation found weaknesses in internal transfer controls be…
Carro, the Singapore online car marketplace, has acquired Australian used-car platform CarPlace, marking its entry into Australia and bringing the company's presence to eight markets. The acquisition positions Carro in Western Australia, Queensland and Victoria, and includes a strategic partnership with Autoleague.
The Australian government revised elements of its capital gains tax overhaul after critics warned the initial proposal would harm small business investment. Under the budget proposal, a 30% minimum tax on net capital gains is due to take effect in July 2027. The government announced an increase in the turnover threshold for eligibility for a 50% CG…
Jonathan Nolan, executive producer of the Amazon Prime Video series Fallout, credited California tax incentives with enabling the show to film multiple seasons in-state. After a first season shot in New York, California attracted the second season with $25 million in rebates and kept the series for season three with $42 million in tax credits on a …
