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.
19,450 total articles
ENGIE has agreed to acquire 100% of UK Power Networks for an equity consideration of £10.5 billion, valuing the business at an enterprise level of £15.8 billion. The deal - which ENGIE says will be accretive from the first full year after completion - is conditioned on regulatory clearances and shareholder approvals and is expected to close in mid-…
Australian shares finished higher on Thursday, with the S&P/ASX 200 advancing 0.51% to reach a fresh all-time high. Information technology, consumer staples and telecoms services led the market, while individual large-cap stocks saw pronounced moves in both directions. Trading breadth was modestly positive, and volatility and commodity benchmarks s…
Asian equity markets diverged on Thursday as Japan and South Korea posted record highs while other regional bourses paused or retreated. Japanese indexes rose after doubts mounted about further Bank of Japan rate hikes, and South Korea's KOSPI rallied over 2% to a record, propelled by Nvidia-related enthusiasm for local chip suppliers. Broader Asia…
Toyota Motor Corp is preparing to enable a large-scale divestment of cross-held shares by banks and insurance companies that could total roughly 3 trillion yen ($19 billion). The process may start as soon as this year, though the exact timing and amount remain subject to investor demand and internal review. Toyota is considering options that includ…
The University of California sold approximately $2 billion in general revenue municipal bonds as the institution faces legal action from the U.S. administration alleging discrimination at UCLA and broader federal efforts to limit funding over campus protests and policies. University officials characterized the offering as part of routine financing …
OpenAI has added Ruomin Pang to its team, a researcher who most recently worked at Meta Platforms (META) and previously led Apple's AI models group. Pang joined Meta roughly seven months ago after spending at least four years at Apple on the Foundation Model effort. The reported hiring could not be immediately verified. The move comes amid aggressi…
Amazon is negotiating a funding package that could total up to $50 billion for OpenAI, with an immediate commitment of $15 billion and a further $35 billion dependent on OpenAI either pursuing a public offering or achieving an artificial general intelligence milestone. The potential investment is part of a broader capital-raising effort by OpenAI t…
Shares of Samsung Electronics and SK Hynix climbed to record levels following Nvidia's stronger-than-expected quarterly results and guidance, which signaled sustained AI-driven demand for advanced chips. The gains helped push South Korea's KOSPI to a record high, while corporate moves by both suppliers reinforced investor optimism.
OpenAI has added Ruoming Pang, a senior AI researcher who briefly moved to Meta from Apple, to its ranks. Pang, who led AI infrastructure for Meta's Superintelligence Labs, left Meta last week after months of recruitment by OpenAI. Reports indicate his compensation at Meta when he joined was valued at more than $200 million over several years.
Toyota is planning a significant reduction of strategic cross-shareholdings that would involve banks and insurance firms selling about 3 trillion yen of Toyota shares, roughly $19 billion. The company is considering buybacks and possibly a secondary sale to outside investors. Timing and scale remain contingent on shareholder willingness and could c…
Japan’s Nikkei 225 reached an all-time high on Thursday, crossing the 59,000 mark as investors pared back expectations for additional Bank of Japan rate increases. Gains were supported by strength in the technology sector after robust results from Nvidia, although some Japanese chipmakers underperformed.
The Bank of Korea kept its key interest rate at 2.50% on Thursday, citing room to assess policy after signs of economic resilience and softer inflation. The central bank raised its 2026 growth projection to 2.0% from 1.8% and pointed to an AI-fueled chip upswing by Samsung Electronics and SK Hynix as a support for faster growth this year versus las…
Asian equities rose after Nvidia projected first-quarter revenue above estimates, easing investor concerns about AI-driven spending and cost pressures. The yen remained weak as markets reassessed the Bank of Japan’s policy outlook following surprise nominations, while oil prices held firm amid U.S.-Iran tensions ahead of fresh talks.
TRG Latin America Acquisitions Corp. completed a $200 million initial public offering by selling 20 million units at $10.00 apiece. Units will begin trading on the Nasdaq on February 26, 2026; the offering is scheduled to close on February 27, 2026, subject to customary conditions. Management and board appointments are in place as the Cayman Island…
U.S. stock index futures dipped on Wednesday evening after Nvidia unwound much of its after-hours gains despite reporting strong quarterly results. Investors also weighed geopolitical uncertainty ahead of renewed U.S.-Iran nuclear negotiations in Geneva, while Salesforce shares fell on weaker-than-expected fiscal 2027 revenue guidance.
TRG Latin America Acquisitions Corp. priced its initial public offering at $10.00 per unit, selling 20 million units and raising $200 million. Units began trading on the Nasdaq on February 26, 2026. Each unit contains one Class A ordinary share and a right to one-tenth of a Class A share upon completion of an initial business combination. The compa…
BlueScope Steel said on Thursday it has formally responded to a A$15 billion revised takeover proposal from a consortium led by SGH Ltd and Steel Dynamics, arguing the A$34.00 headline price - which includes A$1.65 of already-announced dividends - does not reflect its valuation. The company highlighted how planned dividend distributions and timing …
A Senate Commerce Committee amendment under consideration would delay the planned retirement of the International Space Station from 2030 to 2032 and add a statutory requirement that NASA construct a lunar surface base as part of Artemis. The measures, supported on a bipartisan basis by committee leaders, are framed around growing geopolitical comp…
APEX Tech Acquisition Inc. priced an initial public offering of 10 million units at $10.00 per unit, raising $100 million. Each unit includes one ordinary share and one right to receive one-fourth of an ordinary share upon completion of a business combination. The units will start trading on the New York Stock Exchange under ticker TRADU on Februar…
Qantas reported a rise in first-half underlying profit, driven by robust domestic travel, operational improvements and the integration of newer aircraft into its fleet. The airline posted A$1.46 billion in underlying profit before tax for the six months ended Dec. 31, up A$71 million year-on-year, and a statutory profit after tax of A$925 million. …
Lynas Rare Earths reported a markedly stronger half-year performance, recording a net profit of A$80.2 million for the six months ended December 31. The result, more than 13 times the prior-year half, coincided with rising revenues and higher rare earth benchmark prices, sending the stock to a four-month high.
BlueScope’s board has informed the SGH and Steel Dynamics consortium that a revised A$15 billion (US$10.7 billion) offer, equating to A$34 per share and reduced to A$32.35 after recent dividends, is insufficient for the board to recommend a scheme of arrangement. The company says it is prepared to continue discussions if the bidders raise the propo…
The opening weeks of 2026 have seen a wave of workforce reductions at U.S. companies as businesses reallocate resources toward artificial intelligence and other strategic priorities. High-profile cuts include Amazon’s January 28 announcement of 16,000 job eliminations globally, while a range of other firms in technology, consumer and retail, manufa…
The Department of Defense has requested that Boeing Co and Lockheed Martin evaluate how dependent they are on Anthropic’s Claude artificial intelligence, a preliminary move that could lead to a formal 'supply chain risk' designation for the AI developer. The request follows Pentagon concerns about Anthropic’s refusal to modify certain safeguards th…
Star Entertainment has agreed to a non-binding term sheet with U.S. private credit manager WhiteHawk Capital Partners for a proposed refinancing that would refinance the company’s total debt and provide additional liquidity to support its turnaround plan. The agreement remains non-binding and may not result in a final credit facility; both parties …
