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.
20,605 total articles
Australia's benchmark S&P/ASX 200 closed lower, down 0.39%, with losses concentrated in the Gold, Information Technology and Industrials sectors. Telix Pharmaceuticals, New Hope and Pro Medicus were among the session's top gainers. A2 Milk, Life360 and Orora posted the steepest declines, with two names hitting multi-month lows. Volatility ticked up…
Baker Hughes has agreed to sell its Waygate Technologies division to Sweden's Hexagon for roughly $1.45 billion in cash. The transaction is expected to close in the second half of 2026, with Hexagon financing the acquisition through cash and available debt capacity. The move follows Baker Hughes' larger recent acquisition of Chart Industries and is…
Wise Plc reported a 24% increase in underlying income for the fourth quarter of fiscal 2026 alongside a 27% rise in cross-border volume, driven by growth in both consumer and business activity. The company reiterated expectations for FY26 margins while moving forward with a planned U.S. primary listing targeted for May 11 and a retained secondary l…
Bill Ackman told investors his outreach to Vincent Bollore was his first move after announcing a $64 billion bid for Universal Music Group. Ackman described Bollore’s initial response as "music to my ears" and said the French billionaire’s support is indispensable. Bollore directly and indirectly controls just under 32% of Universal following Viven…
Taiwan's benchmark extended its rally on Monday, with the Taiwan Weighted index closing up 1.60% to a fresh record high. Broad gains were driven by the Electronic Parts/Components, Communication and Internet and Chemicals sectors, while individual stocks showed pronounced moves on both the upside and downside. Energy-related commodity prices climbe…
RBC Capital Markets in a note dated Monday identified Next, Inditex and Sainsbury’s as outperform selections within European retail, saying rising fuel, freight and food prices linked to the Iran conflict are likely to keep central banks on a tightening path and create a more difficult backdrop for consumer spending. The broker downgraded Associate…
This weekly recap reviews five Wall Street analyst upgrades and the principal arguments behind each call. Evercore upgraded Waters Corporation (WAT) on confidence in management execution and a second-half recovery; Rosenblatt raised Arista Networks (ANET) on expected AI-driven revenue acceleration and large deferred revenue; TD Cowen boosted Freshp…
Meta Platforms is building a photorealistic, AI-driven 3D character modeled on its chief executive to interact with employees. The project is part of a larger, multi-billion-dollar effort to develop advanced personal AI capabilities and to close gaps with other leading AI developers. The character is being taught the CEO’s mannerisms, tone and publ…
South Korean President Lee Jae Myung and Polish Prime Minister Donald Tusk agreed in Seoul to upgrade bilateral ties to a comprehensive strategic partnership, centering defence cooperation. The leaders pledged to deepen collaboration across defence production, technology transfers and training under a $44.2 billion framework pact signed in 2022, wh…
Taiwan Semiconductor Manufacturing Co (TSMC) is on track to report a fourth consecutive quarter of record profit, driven by robust demand for artificial intelligence infrastructure. Consensus estimates compiled via an LSEG SmartEstimate project quarterly net income of T$542.6 billion ($17.1 billion), reflecting a roughly 50% year-on-year jump in ne…
Asian equity indexes fell at the start of the week after weekend negotiations between the United States and Iran produced no breakthrough, and Washington said it would prepare to impose a blockade on the Strait of Hormuz. Markets tracked weaker U.S. futures and a sharp rebound in crude prices, with Brent rising 8% and topping the $100 per barrel ma…
McDonald’s is preparing a U.S. rollout of several new cold beverages, including a Red Bull Dragonberry Energizer, a Dirty Dr Pepper and a Mango Pineapple Refresher, with energy drinks expected on sale starting in August. Company documents reviewed by a news outlet indicate the drinks will be priced below comparable items from competitors as the cha…
U.S. President Donald Trump criticized Pope Leo on Sunday, calling him "weak" on crime and "terrible" for foreign policy after the pope publicly condemned recent U.S. and Israeli actions in the war on Iran and urged reflection on the treatment of migrants. Trump posted his remarks on Truth Social and later told reporters he was not a "big fan" of t…
Third Point, led by Daniel Loeb, has decided not to press a proxy fight at real estate data company CoStar Group and has sold its full holding, citing a change in conviction about its activist thesis. The move follows a sharp decline in CoStar's share price and comes after months of engagement and earlier signals that Third Point would seek board c…
Ryohin Keikaku Ltd (TYO:7453) saw its shares rise after reporting a robust half-year performance and lifting its full-year forecasts for the fiscal year to August 2026. The company cited strong domestic sales, improving overseas operations and a weaker yen as drivers behind the uplift in revenue and profit guidance.
JBS and United Food and Commercial Workers Local 7 have ratified a tentative two-year contract covering nearly 3,800 employees at the company's Greeley, Colorado beef processing plant. The deal, reached after bargaining sessions on April 9-10 and following about a month of strikes, locks in an almost 33% wage increase over two years, shields worker…
U.S. equity futures dropped more than 1% Sunday evening after ceasefire negotiations with Iran failed over the weekend and the U.S. announced plans for a naval blockade of the Strait of Hormuz. The rout followed a strong, energy-led rise in March consumer prices and a sharp rebound in crude prices, leaving markets on edge ahead of a busy first-quar…
The U.S. dollar rose sharply in early Asian trading after extended negotiations between Washington and Tehran failed to produce a settlement. President Donald Trump said the U.S. Navy would begin blockading the Strait of Hormuz, a key passage responsible for about 20% of daily global energy flows that Iran has effectively closed since the conflict …
Russian equities closed lower on Sunday with the MOEX Russia Index ending unchanged at a new one-month low. Gains in select oil names contrasted with losses among major miners and an airline stock. Market breadth favored advancers over decliners, while implied volatility, gold, crude oil, and currency pairs all registered declines.
The Orion capsule Integrity and its four-person crew completed a successful splashdown off the Southern California coast after nearly 10 days in space, finishing the first crewed voyage to the vicinity of the moon since the Apollo era. The mission validated the capsule’s heat shield and recovery procedures following a lunar-return trajectory that c…
GSK's experimental antibody-drug conjugate Mo-rez produced notable tumor shrinkage in early data from patients with advanced ovarian and endometrial cancers, prompting company executives to describe the asset as having blockbuster potential. The findings, being presented at a medical conference in Puerto Rico, have energized the drugmaker's oncolog…
U.S. companies begin reporting first-quarter results next week, with investors watching whether strong earnings momentum holds amid recent geopolitical tensions in the Middle East and a sharp rise in energy prices. Major banks open the season and will be closely read for signals about consumer spending and lending. Consensus estimates point to anot…
Saudi Arabia's stock market ended lower on Sunday, with the Tadawul All Share closing down 0.25%. Losses in the Energy & Utilities, Transport and Media & Publishing sectors outnumbered gains, while several individual stocks posted notable moves. Oil and gold prices fell in global trading, and currency pairs involving the Saudi riyal saw small chang…
Australia and the United States have committed more than A$5 billion (about $3.5 billion) to support a portfolio of Australian critical-minerals projects. The funds, delivered through Export Finance Australia and the U.S. Export-Import Bank, include major backing for a Tronox rare earths refinery and up to A$1 billion for Ardea Resources' Kalgoorli…
Chinese automaker Chery is pursuing additional vehicle production capacity in Europe by partnering with other manufacturers to access existing assembly lines, company executives said at a Paris launch event. Chery favors leveraging established facilities rather than building new plants and is discussing options that may include France. The company …
