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.
30,146 total articles
Bitcoin dropped below the $80,000 threshold amid rising worries that stronger-than-expected U.S. inflation data could keep interest rates elevated. Crypto markets were subdued ahead of a Senate Banking Committee "markup" on the Clarity Act and as leaders met during a high-level U.S.-China summit in Beijing. Major altcoins mostly fell in step with B…
Fanuc Corp's stock climbed to an all-time high after the company announced a strategic collaboration with Google to incorporate Google Cloud technologies and Intrinsic software into industrial robots using physical AI. The move follows Fanuc's recent shipments of more than 1,000 robots equipped with physical AI and precedes a planned demonstration …
Australian equities ended Thursday's session higher, with the S&P/ASX 200 rising 0.12%. Strength in Financials, Utilities and Industrials supported the market, while individual large-move names produced a mixed picture: Megaport led gainers with a sharp jump, and GrainCorp slumped to a three-year low. Volatility eased and commodity prices moved une…
Taiwan's benchmark index closed modestly higher, supported by strength in optoelectronics, glass and machinery names. Several small-cap stocks rose 10% to session highs while a handful of other issues posted sharp declines, including an energy stock reaching an all-time low. Commodity and currency markets showed mixed moves alongside a marginal dip…
U.S. export licenses have been granted to roughly 10 Chinese firms and several distributors to acquire Nvidia's H200 AI accelerators, including Alibaba, Tencent, ByteDance, JD.com, Lenovo and Foxconn, but no shipments have taken place. The approvals come as Nvidia CEO Jensen Huang travels to China after joining a White House delegation, yet sales r…
Elon Musk arrives in China amid contrasting reactions: celebrated for his technology leadership and criticized for service missteps and satellite dominance. Tesla remains influential in the Chinese market, but rising domestic competition, regulatory scrutiny over data and satellites, and potential export controls create a complex environment for hi…
BlackRock’s Global Infrastructure Partners (GIP) has formed an infrastructure investment partnership with Singapore state investor Temasek, Abu Dhabi’s new wealth fund L'IMAD and state oil company ADNOC to pursue up to $30 billion in investments. The vehicle will combine equity and debt capital to target greenfield and brownfield assets across ener…
Honda Motor reported its first annual loss as a listed company in nearly seven decades, driven by U.S. tariffs and more than $9 billion in charges tied to restructuring its electric-vehicle operations. The automaker recorded an operating loss of 414.3 billion yen for the year ended March and logged total EV-related losses of 1.45 trillion yen, whil…
China’s yuan rose to its strongest level in over three years against the dollar after the central bank raised its official guidance rate, while major Chinese equity indexes fell as markets awaited the outcome of a high-profile summit between the leaders of China and the United States. Policymakers appear focused on signaling stability rather than i…
SoftBank reported an unexpectedly large net profit for the quarter ended March 31, driven largely by gains in its OpenAI stake, but the stock fell amid investor unease about the company’s rising financial exposure to the startup and the debt taken on to support the investment. Credit-watch actions and questions about OpenAI’s metrics and spending c…
Chinese customs records indicate that export licences for hundreds of U.S. beef processing plants have been reinstated, including facilities owned by Tyson Foods and Cargill. The renewals come after more than 400 plants lost export eligibility over the past year when permissions granted between March 2020 and April 2021 lapsed. U.S. beef exports to…
Samsung Electronics has asked its South Korean labour union to return to pay negotiations after prior government-mediated talks broke down, according to a union leader citing a company letter. The national Labour Commission has urged both parties to meet again on Saturday to try to head off a planned 18-day strike starting May 21. The dispute cente…
Alibaba's Hong Kong-listed shares climbed sharply after the company reported March-quarter revenue growth driven by cloud intelligence and AI-related products. Net income more than doubled, aided by equity investment gains and improved cloud performance, while management said AI investments have moved to large-scale commercialization.
Asian equities posted modest gains, supported by strength in semiconductor and technology names, as attention turned to a high-level U.S.-China summit in Beijing. Mainland Chinese benchmarks slipped from recent peaks amid profit-taking ahead of the meeting, while investors monitored oil-driven inflation risks from the Iran war and mixed corporate e…
Leaders of three major U.S. public pension systems have formally objected to the governance framework SpaceX plans to adopt in its proposed initial public offering, arguing the arrangement would vest extraordinary control in founder Elon Musk and deny long-term investors basic protections. The officials asked for concrete changes and requested a me…
A Federal Court has determined that Coles Supermarkets misrepresented discounts in its long-running 'Down Down' campaign, finding 13 of 14 promotional tickets examined to be false or misleading. The Australian Competition and Consumer Commission brought the case, alleging temporary price hikes on hundreds of products before discounting. Coles share…
TSMC projects the global semiconductor market will top $1.5 trillion by 2030, lifting its earlier $1 trillion estimate. The firm expects AI and high-performance computing to comprise the majority of market value, and outlined substantial capacity and packaging build-outs across Taiwan, the United States, Japan, and Germany to satisfy rapidly growin…
Air India has reduced thousands of international flights after airspace closures tied to the Iran conflict and Pakistan’s ban on Indian overflights, prompting foreign carriers such as Lufthansa Group and Cathay Pacific to increase services to a rapidly expanding India market. The shift has lifted foreign carriers' share of India-origin internationa…
Asian equities climbed as enthusiasm for artificial intelligence helped propel chipmaker SK Hynix toward a $1 trillion market valuation, even as attention focused on a high-stakes summit between U.S. President Donald Trump and China’s Xi Jinping. Broader market strength was tempered by concerns about elevated oil prices and recent hotter-than-expec…
Private equity firm Bain and LY Corp have increased their proposed purchase price for online marketplace operator KakakuCom to 3,232 yen per share, topping EQT’s 3,000 yen bid. The revised offer values Kakaku at 639.3 billion yen ($4.1 billion) but remains below the stock’s prior close of 3,425 yen. The situation follows EQT’s tender offer and its …
EagleRock, a Houston land and resource management firm that collects royalties and fees from oil and gas activity on holdings in the Permian Basin, raised $320.1 million in its U.S. initial public offering by selling 17.3 million shares at $18.50 each. The offering comes as crude prices sit above $100 a barrel amid Middle East tensions and as the U…
GameStop CEO Ryan Cohen reiterated his threat of a hostile takeover after eBay rejected his unsolicited $125-per-share proposal. Cohen criticized eBay's board and executive pay in a letter to board chair Paul Pressler, and GameStop has built a 5% stake in the online marketplace to support a possible hostile approach.
Micware Co., Ltd. has set the price for its upsized initial public offering at $8.00 per American Depositary Share, offering 2,850,000 ADSs for gross proceeds of $22.8 million before underwriting discounts and offering expenses. Trading on the Nasdaq Global Market is scheduled to begin May 14, 2026, with the deal expected to close on or about May 1…
EagleRock Land, LLC has set the price for its initial public offering at $18.50 per Class A share for 17.3 million shares, with underwriters able to buy an additional 2.6 million shares within 30 days. The company expects net proceeds of roughly $286.6 million, or $331.3 million if the overallotment is fully exercised. Shares are slated to begin tr…
EagleRock Land, LLC has set the price for its initial public offering at $18.50 per Class A share for 17.3 million shares, with underwriters holding a 30-day option to buy an additional 2.6 million shares at the same price. The offering is scheduled to begin trading under the ticker EROK on May 14, 2026, and to close on May 15, 2026, subject to cus…
