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.
19,727 total articles
Akeso announced IND clearance from China’s National Medical Products Administration for AK150, a trispecific antibody designed to target ILT2, ILT4, and CSF1R concurrently. The clearance allows clinical testing in patients with advanced solid tumors and prompted a roughly 6% rise in the company's Hong Kong-listed shares to HK$117 as of 05:29 GMT.
Xiaomi shares jumped after the company confirmed a March 19 launch for an updated SU7 electric sedan, alongside two new flagship products. The SU7 update, which Xiaomi says improves battery, safety and hardware, is central to its target of at least 550,000 EV sales in 2026, even as February EV sales fell year-on-year.
Ride-hailing app inDrive reported a 31% rise in net revenue to $601.6 million in 2025, driven by improved profitability per ride after a period of rapid growth. The U.S.-headquartered, privately held company is pursuing expansion into online delivery in developing markets through acquisitions, having bought grocery delivery services in Pakistan and…
Shares of Hua Hong Semiconductor climbed after reports that its parent, Hua Hong Group, has developed manufacturing technologies to produce 7-nanometre chips, with contract arm Huali Microelectronics preparing the process at a Shanghai plant. If commercialized, the capability would make Hua Hong the second Chinese firm able to manufacture 7 nm chip…
Zhipu AI introduced GLM-5-Turbo, a foundation large language model tuned for the OpenClaw agent ecosystem, prompting a notable rise in its Hong Kong-listed shares. The model is designed to enhance tool invocation, instruction following and execution of extended task chains, and it offers features intended to ease enterprise integration. The company…
Hua Hong Group’s contract foundry Huali Microelectronics is readying a 7-nanometre chip production process at its Shanghai Fab 6, according to people familiar with the matter. If brought online, this capability would make Hua Hong the second domestic Chinese producer able to make chips at the 7 nm node. The move aligns with Beijing’s ongoing push f…
Warner Bros took center stage at the Academy Awards, collecting 11 Oscars across several films, but celebrations were muted by the pending $110 billion acquisition of its corporate parent by Paramount Skydance. The transaction, won by Paramount CEO David Ellison over Netflix, promises substantial cost savings and a pledged annual production slate, …
Most Asian markets declined Monday as persistently high oil prices linked to the ongoing Middle East conflict pressured sentiment. U.S. futures ticked up slightly during Asian hours after Wall Street logged weekly losses. Chinese activity data for January-February showed stronger-than-expected industrial output and retail sales, but investors remai…
Syrah Resources and Tesla have agreed to push back the deadline to address an alleged default under their graphite offtake agreement. The extension moves the cure date from March 16, 2026 to June 1, 2026 and allows both parties additional time to complete qualification steps for natural graphite active anode material produced at Syrah’s Vidalia, Lo…
At its annual GTC developer conference, Nvidia is expected to present a suite of hardware and software updates designed to maintain its central role in AI computing. Executives will highlight advances across chips, data center architecture, programming tools, digital assistants and robotics while addressing investor expectations about reinvesting p…
Senior executives from major U.S. oil companies cautioned the administration last week that disruptions in the Strait of Hormuz linked to the conflict with Iran could exacerbate an energy supply squeeze, potentially driving crude prices higher and creating refined-fuel shortages. Company leaders urged reopening the shipping corridor as the most dur…
U.S. equity futures rose modestly on Sunday evening as investors continued to assess the market implications of renewed fighting in the Middle East and a sharp rise in crude prices. Futures for the S&P 500 and Nasdaq 100 each gained 0.4%, while Dow futures were up 0.3% as of 20:10 ET (00:10 GMT). The moves come after a week in which major indexes c…
Asian equities opened cautiously as sustained hostilities in the Gulf kept crude prices elevated, reinforcing concerns about inflation and complicating policy decisions for central banks meeting this week. Market attention is split between the energy shock, upcoming central bank statements, Chinese economic data and Nvidia’s GTC event spotlighting …
JD.com has introduced its Joybuy online marketplace to six European markets as it seeks international growth. The platform will offer categories from technology to grocery, feature dedicated brand stores, and promote rapid delivery and competitive pricing. The expansion builds on JD.com’s prior move to acquire German retailer Ceconomy and follows o…
Lynas Rare Earths has entered a binding letter of intent with the U.S. Department of War to provide light and heavy rare earth oxides over four years. The U.S. government has allocated about $96 million for purchases under the arrangement, which also establishes a minimum price of $110 per kilogram for neodymium-praseodymium oxide. The letter of in…
Syrah Resources and Tesla have mutually agreed to a fourth extension of the deadline for Syrah to remedy an alleged default under their 2021 graphite supply agreement. The deadline has been moved to June 1 while the two firms continue discussions to address Tesla's claim that Syrah failed to deliver conforming natural graphite active anode material…
Senior executives from three major U.S. oil companies met with White House and cabinet officials to warn that the energy disruption tied to the Iran conflict is likely to worsen, and that continued interruption of flows through the Strait of Hormuz will keep global energy markets volatile. The report of those meetings could not be immediately verif…
Lynas Rare Earths said its U.S. unit, Lynas USA LLC, has entered a binding letter of intent with the U.S. government to finalize a four-year rare earth oxide supply arrangement. The Pentagon will earmark roughly $96 million to procure light and heavy rare earth oxide products from Lynas, with a floor price of $110 per kilogram for NdPr oxide. The L…
Perpetual Limited has agreed to sell its wealth management business to Bain Capital in a transaction that carries an immediate cash payment of A$500 million (about $350 million). The arrangement features additional contingent upfront consideration linked to the advice arm's performance before close and an earn-out of up to A$50 million based on the…
Honda will take a 2.5 trillion yen ($15.7 billion) writedown tied to its electric vehicle operations, chiefly in the U.S., and report its first annual loss as a listed company in nearly 70 years. The company has cancelled three U.S.-planned battery models, faces up to 1.7 trillion yen of cash outflows to settle supplier contracts, and warned that i…
Russian equities finished the Moscow session largely unchanged on the MOEX Russia Index, with energy names among the top risers and a handful of banks, industrials and an airline posting modest declines. Trading breadth favored advancers, implied volatility reached a 52-week low, and commodity and currency moves included higher crude prices and a f…
Miles Hurrell has resigned as chief executive of New Zealand dairy cooperative Fonterra Co-operative Group after an eight-year tenure as CEO and a 25-year career with the company. He will continue in the role during a six-month notice period while the board conducts a search for his replacement, which it expects to complete in the coming months. Hu…
Sunday’s Academy Awards arrive with an unusually fluid best-picture contest and heightened security measures after a federal warning of a possible Iranian threat to California. The ceremony, hosted again by Conan O’Brien, will showcase heavy nominees such as Sinners and One Battle After Another while unfolding amid industry consolidation, productio…
An iFixit teardown finds Apple’s recently announced MacBook Neo - the education-focused laptop starting at $499 for students - is the company’s most repairable model since 2012, thanks to design changes such as screwed batteries and keyboards and modular camera and fingerprint components. Despite the improvements, iFixit gave the MacBook Neo a 6 ou…
U.S. Interior Secretary Doug Burgum said Asia-Pacific allies concluded 22 agreements worth $57 billion with American companies during the Indo-Pacific Energy Security Forum in Tokyo. Burgum told Fox News that Japan is showing interest in purchasing additional U.S. oil and is helping lead efforts to increase oil supplies.
