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.
9,080 total articles
Broadcom warned that production capacity at its manufacturing partner TSMC is becoming a bottleneck as demand for AI infrastructure strains advanced chip fabs. The company also flagged shortages in laser components and printed circuit boards, prompting customers to seek multiyear supply agreements to secure capacity.
Australian equities closed modestly higher on Tuesday, with the S&P/ASX 200 finishing up 0.16% as gains in the Gold, Metals & Mining and Materials sectors helped offset weakness in several midcap names. Volatility as measured by the S&P/ASX 200 VIX eased, while commodity and currency markets saw mixed moves, including a sharp rise in crude …
WuXi AppTec reported a sharp rise in full-year net profit attributable to shareholders, driven by robust performance in its core chemistry division and increased revenue from U.S. clients. The company posted improvements in adjusted profit and gross margin, set a 2026 revenue range implying double-digit growth for continuing operations, and propose…
Since the U.S.-Israeli strikes on Iran began in late February, U.S. equities have declined less than many global peers. Analysts point to lower direct energy exposure, a heavier weighting in technology, and a stronger dollar as factors supporting U.S. stocks. Yet strategists caution that the current outperformance may prove fragile if the Middle Ea…
New passenger car registrations across the EU, Britain and the European Free Trade Association increased 1.7% in February to 979,321 units, driven by continued growth in electrified vehicles. Battery-electric, plug-in hybrid and hybrid models now make up roughly two-thirds of monthly registrations. Tesla reversed a year-long decline with an 11.8% r…
Keymed Biosciences said it holds an indirect 15% stake in Ouro Medicines and may receive up to $320 million from Gilead Sciences’ takeover of Ouro. The payments include a $250 million upfront cash sum and up to $70 million in milestones. Keymed's shares rose in Hong Kong trade, and the company plans to use proceeds to strengthen cash reserves and a…
Iran launched several waves of missiles toward Israel, setting off air raid sirens including in Tel Aviv and causing some property damage in the north after interceptions. U.S. President Donald Trump said productive talks with Iranian officials led him to delay a planned strike on Iran's power grid, a claim Tehran later disavowed. Conflicting state…
Nintendo will reduce planned production of its Switch 2 to 4 million units in the current quarter, down from an initial plan of 6 million, after holiday demand underperformed internal forecasts, particularly in the United States. The company’s shares dipped following the report. Broader pressures cited include elevated global memory prices and soft…
The U.S. Senate voted 54-45 to confirm Sen. Markwayne Mullin as the next secretary of Homeland Security. Mullin, an Oklahoma Republican, will lead immigration enforcement operations in President Donald Trump’s second-term administration and succeeds Kristi Noem. His confirmation comes while the Department of Homeland Security is in a funding stando…
Most Asian equity markets rose on Tuesday but failed to sustain early advances as investors weighed conflicting reports about potential de-escalation between the US and Iran. Tokyo benchmarks gained after softer-than-expected inflation and slower manufacturing data, while broader regional indexes pared rallies amid renewed Middle East attacks and a…
Amazon Web Services is moving to enlarge its data centre footprint in India to between 2 and 3 gigawatts of capacity, underpinned by letters of intent with several colocation providers and the prospect of tax incentives. The expansion focuses on Mumbai and Hyderabad and follows earlier commitments to invest in the Mumbai region.
A large explosion at Valero Energy's Port Arthur refinery triggered a substantial fire and visible smoke plume, prompting local shelter-in-place orders. The refinery, one of the largest in the U.S. with roughly 380,000 barrels-per-day capacity, has not confirmed whether operations were affected and Valero did not immediately respond to a request fo…
U.S. equity futures eased on Monday night after Iran publicly denied holding talks with Washington about de-escalating the conflict that has now entered its fourth week. The pullback followed an earlier rally prompted by President Donald Trump delaying a threatened strike on Iran's electricity grid and describing U.S.-Iran discussions as "productiv…
In a document provided to investors ahead of a potential public offering, OpenAI identified its close commercial and financial reliance on Microsoft as a material risk to its business. The filing also cited Taiwan Semiconductor Manufacturing Co. (TSMC) as a supply-side vulnerability should regional disruptions occur. The company has secured a major…
Federal investigators are expanding their inquiry into the late-night collision at New York’s LaGuardia Airport, saying they will interview an air traffic controller who had been managing a separate emergency at the time. The crash involved an Air Canada Express CRJ-900 and a fire truck, resulted in the deaths of both pilots and left nine people se…
Gilead Sciences has struck a definitive agreement to buy Ouro Medicines for $1.675 billion in upfront cash plus up to $500 million in contingent milestone payments. The acquisition brings OM336, a clinical-stage BCMAxCD3 T cell engager with Fast Track and Orphan Drug Designation, into Gilead's inflammation portfolio. A parallel strategic collaborat…
Apollo Global Management's BDC, Apollo Debt Solutions, is restricting redemptions after investors submitted requests to withdraw about 11.2% of shares outstanding. The manager will honor requests equal to 5% of shares outstanding, representing approximately $730 million of outflows, and expects to return roughly 45% of requested capital to each inv…
Mexico's benchmark S&P/BMV IPC closed higher on Monday, buoyed by gains in Industrials, Consumer Goods & Services and Consumer Staples sectors. Cement maker Cemex led advanceers, while several consumer and mining-related names weighed on the downside. Commodity prices and currency pairs moved notably during the session.
Russian equities ended lower on Monday with the MOEX Russia Index down 1.29%, driven by losses in Mining, Power and Oil & Gas names. Laggards included Magnitogorskiy Metallurgicheskiy Kombinat, Surgutneftegas preference shares and OZON, while PIK SHb and Aeroflot were among the few gainers. Volatility measures ticked higher and key commodity contra…
Applied Optoelectronics saw its shares climb in after-hours trading following disclosure of a volume order worth more than $53 million from a major hyperscale customer for 800G single-mode data center transceivers. The company says shipments will begin in the second quarter and finish by mid-third quarter of 2026 after product qualifications. Manag…
South Korea's transport ministry ordered a recall of 58,000 Hyundai Palisade hybrid SUVs nationwide, citing inadequate software design in seat controllers that can prevent detection of occupants or objects. The action follows a fatal U.S. crash earlier this month and prior reports of injuries in both South Korea and the United States. Hyundai has b…
Spotify Technology SA cut 15 positions in its podcast division, representing roughly 3% of that team, and will cancel the Ringer sports program New York, New York with John Jastremski, sources say. The moves are part of a broader reorganization intended to reduce management layers and speed decision-making as the company continues to refine its app…
On March 23, OpenAI Chief Executive Sam Altman announced he has resigned from the board of Helion Energy, the fusion startup he has supported since 2015, as the two companies begin discussions about a potential large-scale commercial relationship. Altman said he will retain a financial interest in Helion but will recuse himself from any negotiating…
Blue Water Acquisition Corp. IV completed a $130 million initial public offering on the New York Stock Exchange, selling 13 million units at $10 each. The Cayman Islands-formed special purpose acquisition company will trade as separate Class A shares and warrants once split, and said it will prioritize targets developing AI-driven technologies whil…
U.S. stock benchmarks finished higher on Monday, driven by strength in the Consumer Goods, Industrials and Consumer Services sectors. The Dow Jones Industrial Average rose 1.38%, the S&P 500 gained 1.15% and the NASDAQ Composite climbed 1.38%. The session featured outsized moves among individual names on both major exchanges and sharp moves in comm…
