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.
19,674 total articles
Jefferies upgraded Sabre Insurance Group from "underperform" to "hold" following a second-half 2025 earnings beat driven primarily by underwriting strength. The broker lifted its price target to 152 pence and raised EPS forecasts across 2026-2028, while flagging cost, solvency and execution risks that prevent a full "buy" recommendation.
Morgan Stanley singled out four information services companies it believes are relatively insulated from competitive pressure driven by artificial intelligence. The bank emphasized firms with proprietary contributory data, entrenched index and ratings franchises, and regulated data networks as the strongest defenses. S&P Global, MSCI, TransUnion an…
Taiwan's benchmark index closed higher on Friday, rising 4.10% as advances in the Glass, Electronic Parts/Components and Optoelectronic sectors pushed the market upward. Several individual stocks recorded double-digit percentage moves on both the upside and downside. Key commodity and currency benchmarks showed modest moves during the session.
Australian equities closed modestly lower on Friday, with the benchmark S&P/ASX 200 down 0.14%. Strength in a handful of small- and mid-cap names was offset by sharp declines among mining and materials companies, while market breadth favoured decliners and volatility ticked higher. Key market indicators, commodity prices and currency moves were mi…
Apple announced a reduction in App Store commission fees for mainland China, trimming the standard cut to 25% from 30% and lowering rates for small-business and mini app programme developers to 12% from 15%. Chinese state media and industry advisers framed the change as a win for developers and consumers following apparent regulatory pressure. The …
Glencore executives and investors met this week in Australia as Glencore’s chief executive hopes a recent surge in coal prices will reopen the possibility of reviving merger discussions with Rio Tinto. The earlier attempt to form a combined $240 billion company collapsed in February over valuation disputes. Changes in commodity prices have improved…
Honda Motor announced a major charge tied to the cancellation of three electric vehicle models planned for the United States and flagged its first annual loss since the 1950s. The company said the cancellation will generate a total charge of up to 2.5 trillion yen to be recorded across the current and next fiscal year, and it now expects an annual …
ByteDance is erecting cloud infrastructure outside China that will employ Nvidia’s top-tier Blackwell processors. The effort, executed with Southeast Asian partner Aolani Cloud, involves at least 500 servers in Malaysia containing roughly 36,000 B200 chips assembled by Aivres. The move comes amid U.S. restrictions on sales of advanced AI chips to C…
Most Asian stock markets closed lower on Friday, pressured by persistent concerns over the U.S.-Israel war on Iran and the inflationary impact of potential oil supply disruptions. Tokyo and Seoul underperformed, led by a sharp drop in Honda shares after the automaker forecast an annual loss tied to electric-vehicle restructuring costs. Chinese main…
Industry-collected data indicates that roughly 20% of Australians aged 13-15 were still accessing major social media apps two months after a national ban required platforms to block users under 16. Usage on Snapchat and TikTok declined between December and February, but nontrivial shares of this cohort continued to use the services, raising questio…
Global electric vehicle (EV) registrations dropped 11% in February, driven principally by a sharp contraction in China, where combined battery-electric and plug-in hybrid registrations fell 32% year-on-year to below 500,000 units. Worldwide registrations slipped to just over one million cars, the lowest February tally since 2024, with significant d…
Meta Platforms Inc (NASDAQ:META) has postponed the public release of its latest AI model, Avocado, after it failed to match the performance of a leading rival system. Though Avocado improves on Meta's prior models, people familiar with the matter say it trails Google's Gemini 3.0. The company has pushed the launch to at least May 2026 and is weighi…
U.S. stock index futures climbed modestly Thursday night as markets tried to recover from a broad selloff earlier in the session triggered by a jump in oil prices amid continued hostilities involving Iran. Investors are shifting attention to Friday's PCE price index for additional signals on inflation and the likely path for interest rates.
X has agreed to alter its blue check verification process in the European Union after being fined 120 million euros. The move follows a two-year investigation under the EU's Digital Services Act; the commission will evaluate the remedies submitted by X, a spokesperson told Bloomberg News. Regulators previously said the platform misled users by conv…
Lucid outlined a path to positive cash flow late this decade while unveiling a two-seater robotaxi concept and plans for a mid-size EV platform intended to lift annual deliveries to about 100,000 in the medium term. Management also forecast a 50% to 60% reduction in unit costs and lower capital intensity by 2028, but investor concerns about liquidi…
Amazon is reportedly planning to hold its Prime Day shopping event in late June rather than its customary July slot, a move that would relocate a major sales period into the company’s second fiscal quarter and change the timing of promotional activity that has historically coincided with summer back-to-school shopping.
President Donald Trump has nominated Under Secretary of State for Public Diplomacy Sarah Rogers to serve as chief executive of the U.S. Agency for Global Media (USAGM). The move follows a federal judge's invalidation of cuts implemented by the agency's Trump-appointed acting CEO, and a Department of Justice filing naming the Deputy Secretary of Sta…
BuzzFeed disclosed doubts about its ability to remain a going concern and said it will not issue a 2026 forecast while it assesses strategic alternatives. The announcement, which followed quarterly results showing roughly flat revenue year-over-year, sent the company’s shares down 7.3% in after-hours trading. Management pointed to cost reductions a…
Stryker reported widespread interruptions across its global operations after a cyberattack that affected its Microsoft environment. The company said order processing, manufacturing and shipping have been disrupted while it investigates. An Iranian-linked hacking group has claimed responsibility, citing retaliation for an attack on a girls' school i…
Lennar said first-quarter home deliveries fell short of Wall Street forecasts as elevated mortgage rates and stretched affordability weighed on buyer demand. The builder cut its expected second-quarter margin and offered a lower homes-delivery outlook, while quarterly profit and revenue missed analyst estimates.
A contracted employee was killed following an incident at Rio Tinto’s Kennecott copper complex in Utah. The Anglo-Australian miner has halted operations at the facility and said its chief executive, Simon Trott, will travel to the site. The fatality follows a separate contractor death last month at the SimFer operation tied to Guinea’s Simandou iro…
Amazon is planning to move its annual Prime Day sales event from July to late June, a timing change that will affect third-party sellers, competitors and the timing of Amazon's revenue recognition for the quarter. The company has not publicly finalized plans and declined to comment on the reports. The promotion, launched in 2015 to drive Prime memb…
Senator Josh Hawley has sent a nine-question letter to CF Industries' CEO probing whether fertilizer giants exploited supply disruptions from the Iran conflict to raise prices. Urea wholesale prices climbed roughly 32% in 12 days, coinciding with sharp gains in shares of CF Industries, Mosaic and Nutrien. The inquiry and an ongoing DOJ probe increa…
Mexico's stock market closed lower, with the S&P/BMV IPC sliding 2.18% to a one-month low. Losses were concentrated in industrials, consumer goods and consumer staples. A larger number of declining issues outpaced advances by more than two-to-one, while commodities and FX moves showed divergent trends.
Ulta Beauty said on Thursday it expects full-year profit below analyst forecasts as it increases marketing investment to drive demand. The cosmetics retailer reported higher SG&A tied partly to advertising, delivered mixed fourth-quarter results, and faces pressure from changing consumer spending patterns and intensified competition.
