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.
19,594 total articles
Estee Lauder has initiated legal proceedings against entrepreneur Jo Malone, her Jo Loves fragrance label and Zara’s UK operations, saying the use of the name 'Jo Malone' on products sold via Zara breaches rights Estee Lauder acquired in 1999. The complaint, filed on Wednesday, cites breach of contract, trademark infringement and 'passing off.' Est…
Explosive-laden boats attacked two fuel tankers in Iraqi territorial waters and projectiles struck several other vessels across the Gulf and Strait of Hormuz, bringing regional commercial shipping to a near-halt and pushing oil prices to multi-year highs. Iraqi authorities report a recovered crew member fatality, widespread fires aboard the damaged…
Taiwan stocks closed higher on Thursday with the Taiwan Weighted rising 2.06%, driven by strength in the Electronic Parts/Components, Machinery and Electronics sectors. Several semiconductor and component names were among the top gainers, while gas and petrochemical firms posted some of the largest declines. Crude and Brent oil prices moved sharply…
Anthropic asked the U.S. Court of Appeals for the District of Columbia Circuit to pause a Pentagon designation that labels the company a supply-chain risk and bars the Defense Department and its contractors from using its AI tools. The company said the action risks 'irreparable harm' and could lead to hundreds of millions or even billions in lost r…
Cemex announced plans to sell a package of Colombian operations expected to generate about $555 million in proceeds. Holcim will acquire a cement plant, a grinding mill and a portfolio of additional plants for $485 million, while Cemex is negotiating separately for roughly $70 million in other assets. The company will keep two cement plants with co…
Australian equities closed lower on Thursday as declines in technology, A-REITs and gold-related sectors pressured the benchmark S&P/ASX 200, which fell 1.31% at the Sydney close. Mining-related names produced the session's strongest gains while smaller-cap and consumer discretionary stocks recorded some of the steepest losses. Measures of volatili…
Anycolor Inc revised down its operating profit outlook for the fiscal year to March 2026, citing higher costs and inventory-related charges despite raising sales guidance. The stock fell sharply, and a fellow Vtuber agency operator saw declines as markets digested the update and its implications for profitability.
Air New Zealand will remove about 5% of its scheduled flights - roughly 1,100 services - through early May as a sharp rise in jet fuel prices tied to the Iran conflict forces route changes, cancellations and higher fares across the global aviation industry. The carrier said around 44,000 passengers of the 1.9 million booked for that period will nee…
Jet fuel costs have climbed far more rapidly than crude oil since the U.S.-Israeli war on Iran, driven by an unprecedented widening in refining margins. Airlines with crude-based hedges or little to no hedging are announcing fare increases, surcharges and capacity reductions as carriers around the world confront squeezed margins. Analysts warn budg…
Singapore-based logistics investor GLP is reportedly targeting a valuation near $20 billion in plans for a Hong Kong initial public offering that could take place as early as this year. The company has been consulting advisers including Citi and Morgan Stanley, though the size and timing of any deal remain undecided. A Hong Kong listing would retur…
Nintendo shares climbed after the company's newest Pokemon game, Pokemon Pokopia, recorded more than 2.2 million unit sales within its first four days on the market. The title has led online sales in key markets and prompted reports of limited physical stock at U.S. retailers. Market reaction benefited Nintendo shares and analysts highlighted the g…
SoftBank Group shares declined after its payments affiliate PayPay priced its U.S. initial public offering at $16 per ADS, below the marketed $17 to $20 range. The offering raised about $880 million from the sale of roughly 55 million American depositary shares. PayPay's ADSs are slated to begin trading on the Nasdaq Global Select Market on March 1…
Shares of Guotai Junan International and CITIC Securities slipped on Thursday after Hong Kong authorities carried out raids linked to anti-corruption and regulatory probes. Guotai Junan reported its headquarters was searched and an employee was detained; Reuters also reported an investigation into CLSA, a local unit of Citic, over recent share sale…
Asian equity markets reversed two days of gains on Thursday as oil jumped back toward $100 per barrel following reported attacks on two international tankers in the northern Persian Gulf. Widespread declines were led by Japan, Australia and South Korea while investors awaited U.S. inflation data for further direction.
Anthropic is reportedly negotiating with Blackstone and multiple private equity firms to create a joint venture that would market Anthropic's artificial intelligence technology to portfolio companies controlled by those private equity backers. Conversations were briefly interrupted following a dispute with the Department of Defense that raised supp…
Bank of Singapore has downgraded its rating on Asian equities excluding Japan from Overweight to Neutral, pointing to heightened energy-related risks stemming from the U.S.-Israel conflict with Iran. The bank highlighted increased potential for oil transit disruptions through the Strait of Hormuz and more frequent damage to energy infrastructure in…
Nintendo reported sales exceeding 2.2 million copies of Pokemon Pokopia within four days of its launch. The life simulation spin-off's early performance and strong critical reception are easing investor anxiety about the Switch 2's content lineup, even as higher memory chip prices raise questions about margin pressure.
Uber announced a joint effort with British autonomous driving company Wayve and Japanese automaker Nissan to begin robotaxi operations in Japan, targeting a pilot in Tokyo by late-2026. Vehicles will be Nissan LEAF EVs fitted with Wayve's autonomy software and will operate on the Uber platform with a safety operator on board. Uber plans to launch t…
Equity indices in Asia and futures in the United States and Europe fell after reports that additional vessels were struck in the Strait of Hormuz and in Iraqi waters. The incidents coincided with a sharp rise in oil prices despite coordinated releases from strategic reserves, prompting a reassessment of inflation risks, higher government bond yield…
U.S. equity futures declined Wednesday evening as oil prices jumped after reports of attacks on two international tankers in the northern Persian Gulf. The move heightened concerns over supply through the Strait of Hormuz and left traders cautious ahead of U.S. inflation and labor-market releases later in the week.
Britain’s communications and data-protection authorities have told leading social media companies to strengthen age verification, restrict contact from strangers, and limit algorithmic feeds that expose children to harmful or addictive content. Firms have until April 30 to outline steps under the Online Safety Act’s implementation phase, and face t…
Joby Aviation has commenced flight testing of its first production-model electric vertical takeoff and landing (eVTOL) aircraft at its Marina, California facility. The flights are part of the certification process that could lead to type inspection authorization from federal regulators and eventual commercial operations in the U.S. and Dubai.
Alphabet’s GFiber unit will merge with Astound Broadband, an operator backed by infrastructure investor Stonepeak. Stonepeak will hold a majority position in the combined company while Alphabet will keep a significant minority stake. The transaction — terms not disclosed — aims to pair GFiber’s rapidly expanding metropolitan fiber networks with Ast…
Atlassian announced a plan to reduce its global workforce by roughly 10%, eliminating about 1,600 positions, as the enterprise software maker reallocates resources toward artificial intelligence initiatives and expanding enterprise sales. The company said it expects $225 million to $236 million in restructuring and office-related charges, with most…
Metals Acquisition Corp. II announced the pricing of a $200 million initial public offering on March 11. The company sold 20 million units at $10.00 apiece; units are slated to begin trading on the New York Stock Exchange on March 12 under the ticker MTAL.U. Each unit comprises one Class A ordinary share and one-third of a redeemable warrant, with …
