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.
9,042 total articles
Morgan Stanley has identified four companies in India’s industrials and utilities complex that it views as well-placed to benefit from rising electricity demand and an ambitious program of capacity additions. The bank’s selection emphasizes firms with large expansion plans, proven execution models and exposure across thermal generation, renewables,…
Oxford BioMedica has confirmed its full-year 2026 financial guidance, maintaining expected revenues of £220-240 million at constant exchange rates and projecting an EBITDA margin of approximately 10%. The company reports that 60% of the revenue range is covered by contracted client orders, rising to over 80% when a risk-adjusted pipeline is include…
Ecora Royalties Plc reported fiscal 2025 results that beat analyst expectations on adjusted earnings per share while maintaining its dividend guidance and reiterating 2026 volume targets. The company reported stronger free cash flow and disclosed an extension to the Voisey’s Bay mine life to 2044 amid a portfolio shift toward copper and cobalt cont…
H&M reported a stronger-than-expected rise in operating profit for its fiscal first quarter, which includes the important Christmas shopping window. Operating profit climbed to 1.51 billion Swedish crowns from 1.20 billion a year earlier, topping the mean analyst forecast of 1.39 billion. The company said organic sales fell 1% in the quarter and th…
Japan's equity benchmark closed lower on Thursday, driven by declines in the Paper & Pulp, Transport and Communication sectors. The Nikkei 225 fell 0.48% amid a broad sell-off, with losers outnumbering gainers by more than two to one. Volatility rose and commodity markets saw oil rally while gold retreated.
Families that control Puig and Estée Lauder are evaluating mechanisms to realign their ownership stakes in a company that could result from a possible merger between the two beauty groups. The measures being considered aim to boost Puig's influence in the combined structure and include reissuing high-vote shares, swapping share classes, creating ne…
GAM reported a reduced net loss for fiscal 2025 after implementing cost reductions that partly offset weaker fee income. Adjusted pretax losses narrowed, but assets under management declined and the firm said a return to profitability in 2026 is likely to be pushed back from earlier expectations. Management is prioritizing growth and sustainable ne…
RBC Capital Markets has adjusted ratings across several Southern European utility names, cutting REN to underperform and moving Terna to sector perform amid valuation concerns, while upgrading Italgas as its top pick. The firm updated price targets and revised forecasts, citing regulatory shifts, tax and hybrid issuance impacts, and differing regul…
Wacker Neuson reported preliminary full-year 2025 results showing a 1% decline in revenue alongside an 8% rise in EBIT. The Germany-based light equipment manufacturer recorded net income of EUR 77.20 million and EBIT of EUR 132.40 million, driven by continued operating cost reductions and a shift in product mix. The company proposed a higher divide…
Innate Pharma reported a 55% year-on-year drop in revenue and other income for 2025 and recorded a net loss of €49.2 million, with basic EPS from continuing operations at -€0.55. The company attributed the revenue fall to the winding down of collaboration and licensing agreements and said operating expenses declined as R&D, personnel and consulting…
Switzerland-based EDAG reported a 13% decline in 2025 revenue to EUR 714 million, slightly above analyst consensus. The company recorded a negative adjusted EBIT of EUR -12.90 million, driven by restructuring charges, underutilization and a EUR 15 million impairment in its Production Solutions business. Orders for the year amounted to EUR 688 milli…
Taiwan's main stock index closed lower, dragged by weakness in Electronic Parts/Components and Electronic Products Distribution sectors. The Taiwan Weighted fell 0.34% at the close. Several individual names posted double-digit percentage moves in both directions, while energy benchmarks climbed and gold futures declined.
Shareholders filed a class action lawsuit in California accusing Super Micro Computer of concealing violations of U.S. export laws connected to server sales to companies in China. The complaint alleges the company misled investors about the extent of China-directed sales and weaknesses in export-control compliance. The legal action follows a Depart…
National Australia Bank has proposed a restructuring that the Finance Sector Union says will result in a net loss of around 170 Australian jobs while adding new offshore roles, predominantly in India and Vietnam. NAB describes the initiatives as efforts to build a modern workforce and says it will continue hiring for customer-facing roles in Austra…
Australian equities closed modestly lower on Thursday with the S&P/ASX 200 easing 0.10% as losses were concentrated in the Information Technology, Gold and Telecoms Services sectors. Decliners outnumbered advancers by a wide margin, while a handful of individual stocks posted notable gains and declines. Volatility gauges and key commodity prices al…
Kingsoft Corporation reported a 29% year-on-year increase in profit attributable to owners, reaching 2.00 billion yuan for the fiscal year, supported by investment gains and growth in its office software division. The result accompanied a 6% decline in total revenue to 9.68 billion yuan and a 51% drop in operating profit as the company increased sp…
China Life Insurance reported a 44% rise in 2025 net profit to 154.08 billion yuan and a 16.5% increase in total revenues to 615.07 billion yuan, yet the company's stock dropped sharply after disclosure that the fourth quarter produced a loss of 13.87 billion yuan. Market volatility, rising investment and impairment losses and a slowing domestic ec…
Shares of South Korea’s largest memory manufacturers fell sharply after Google researchers introduced TurboQuant, an algorithm Google says can reduce AI working memory needs while preserving performance. The announcement coincided with declines among U.S. memory-equipment peers and knocked the KOSPI lower.
Reflection AI, a startup backed by Nvidia, is pursuing roughly $25 billion in valuation by raising approximately $2.5 billion in new capital, according to people familiar with the matter. The raise would more than triple the company's prior valuation near $8 billion. Reflection, founded in 2024, has already secured in excess of $2 billion in financ…
Asian equity markets traded in a subdued range as investors weighed conflicting messages about a possible ceasefire between the U.S. and Iran and braced for renewed pressure from rising oil prices. South Korea and Hong Kong led declines while Japan moved lower after initially opening higher. Tehran said it would review a U.S. 15-point proposal but …
Reflection AI, a startup backed by Nvidia, is reportedly negotiating a $2.5 billion funding round that would value the company at $25 billion pre-money. The Wall Street Journal cited people familiar with the matter and said JPMorgan Chase is considering taking part via its Security and Resiliency Initiative. The proposed valuation would be higher t…
Henkel is reported to be in advanced discussions to acquire hair care company Olaplex for $2 per share, a price that equates to about a 40% premium to Olaplex's most recent close. The talks could lead to a deal in the coming days and have already prompted a sharp aftermarket gain in Olaplex shares. The move would broaden Henkel's hair care and cons…
Lynas Rare Earths has entered a framework agreement with LS Eco Energy to develop a multi-stage rare-earth metals processing facility in Vietnam. The plant will convert Lynas-produced rare earth oxides into metals used in permanent magnets, with samarium slated as the first production priority. The agreement contemplates a broader long-term supply …
A Port Arthur refinery worker wounded in a Monday-night explosion has filed a lawsuit against Valero Energy, claiming the company failed to properly maintain the plant. The filing seeks more than $1 million in damages and follows a company report to Texas regulators describing an unexpected release that led to an ignition and multiple unit upsets.
U.S. stock index futures were largely unchanged Wednesday evening after Iran said it was reviewing a 15-point ceasefire proposal reportedly sent by Washington. The announcement followed a choppy but positive trading day on Wall Street, where indexes trimmed intraday gains as Tehran pushed back against elements of the U.S. plan and signaled requirem…
