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.
30,155 total articles
Coloplast A/S recorded a DKK 3 billion impairment against the goodwill of its Kerecis wound-treatment unit after Kerecis reported zero organic growth in the second quarter, which the company attributed to significant sales disruption from a Medicare reimbursement change in the outpatient setting. The medical-device group also set full-year EBIT gro…
Shell plans to divest its network of roughly 60 petrol stations located on French motorways, according to documents the company shared internally with staff and suppliers. The sites are operated by third parties while Shell supplies fuel and ancillary services for fee income. The portfolio reported €108.5 million in operating profit in 2025. Compan…
Norway's finance minister says that when the country's $2.2 trillion sovereign wealth fund sells holdings for ethical reasons, the decision should be accompanied by a public explanation. A government commission is reviewing the parliamentary ethical guidelines after a pause on divestments ordered in November, prompting debate over transparency, the…
Taiwan's benchmark closed lower on Tuesday, weighed down by losses in the Electronic Parts/Components and Electricity sectors. The Taiwan Weighted fell 0.79% at the close. Several small- and mid-cap names recorded double-digit percentage moves in both directions, while oil and gold futures also moved noticeably and currencies registered modest shif…
Jiangsu Hengrui Pharmaceuticals said it has struck a global strategic collaboration and licensing arrangement with Bristol-Myers Squibb to co-develop therapies across oncology, hematology and immunology. Bristol-Myers will make payments to Hengrui of up to $950 million under the agreement, including a $600 million upfront payment and contingent ann…
Minutes from the Bank of Japan's April policy meeting reveal that several policymakers argued for raising interest rates soon, with at least one member explicitly pointing to the possibility of a June increase. The discussion reflected concern that an oil shock related to the Iran war is boosting upside inflation risks, and market pricing reacted w…
Vanguard plans to expand its European product set and distribution to roughly double regional assets to $1 trillion within five years, the firm’s head of Europe said. The strategy includes increasing its ETF offering from about 40 to 60-70 funds, pursuing distribution agreements with fintech partners, and hiring more staff in key markets such as Ge…
Kuaishou Technology's shares rose sharply in Hong Kong following media reports that the short-video company is preparing to separate its Kling AI video generation service and seek external funding ahead of a potential initial public offering. The company confirmed it is considering restructuring options for Kling but said any deal remains at an ear…
Activist investor Nelson Peltz’s Trian Fund Management is soliciting investors to help finance a possible bid to take Wendy’s private, with discussions reported to include parties in the Middle East. Peltz has previously considered a takeover and has flagged Wendy’s stock as undervalued, while his stake in the company has increased since July of la…
Ibiden Co Ltd shares climbed sharply after the company reported stronger-than-expected full-year operating profit and raised guidance for its electronics segment and for the coming fiscal year, citing robust demand for AI and server components. The stock was the top performer on the Nikkei 225 following the results and outlook revisions.
Republican lawmakers in the U.S. House and six Republican state attorneys general have intensified scrutiny of OpenAI Chief Executive Sam Altman’s personal investments and the company’s governance ahead of an anticipated initial public offering. The House Oversight Committee has requested documents related to potential conflicts between Altman’s ou…
Shares of Samsung Electronics declined in Seoul after management and a large labor union resumed government-led mediation following a lengthy, inconclusive negotiation session. The union is pressing for substantial changes to bonus and compensation arrangements and has warned of an 18-day strike starting May 21 if no agreement is reached. The dispu…
A Morgan Stanley prime brokerage note reports that global hedge funds significantly increased purchases of South Korean, Japanese and Taiwanese equities last week, resulting in the heaviest week of notional buying in more than a decade. Activity was driven largely by APAC exposures and concentrated in semiconductor and hardware segments, with flows…
Analysts anticipate SoftBank Group will post solid net profit for the January-March quarter, boosted by the sharp rise in value of its OpenAI stake. At the same time, concerns are mounting about the scale of borrowing the company is taking on to finance further investments, and credit-watch agencies and market participants are seeking clarity on fu…
Officials, traders and analysts expect a U.S.-China summit to yield additional agricultural purchase commitments that lean toward corn, sorghum, wheat and meat, while major new soybean buying beyond last October’s pledge appears unlikely. The White House is pushing for larger commitments, and markets await clarity on the implementation of a previou…
Most Asian markets traded in a narrow range Tuesday as a recent technology-led advance cooled and geopolitical anxiety over the U.S.-Iran conflict restrained gains. South Korea’s KOSPI led regional declines amid substantial profit-taking in semiconductor names, while other Asian indexes showed mixed performance ahead of U.S. inflation data and a hi…
Global markets exhibited caution as hopes dimmed for an agreement to reopen the Strait of Hormuz to shipping, sending oil higher and prompting a stronger dollar. A cooling rally in semiconductor shares coincided with investors awaiting US consumer price inflation data, while bond markets responded to political developments in the UK and shifting ex…
OpenAI and Microsoft have agreed to cap the total amount of revenue-sharing payments under their arrangement at $38 billion. The limit, disclosed by a person familiar with the deal, accompanies a renegotiation concluded last month that also permits OpenAI to pursue new commercial partnerships with other major cloud providers. The change comes as Op…
President Trump travels to China for meetings with Xi Jinping on May 14-15 with limited economic goals and a diplomatic aim to enlist China in resolving the U.S. conflict with Iran. After tariff disputes, court setbacks and a war that has reduced public support at home, the U.S. is seeking a small set of deals and political backing; China, meanwhil…
A UBS report finds that a large share of heirs in the Asia-Pacific region prefer professional advice for succession planning as the region prepares for a major intergenerational transfer of wealth. Roughly 72% of prospective inheritors in APAC said they would turn first to wealth managers or family officers, significantly higher than comparable rat…
Brazilian state-controlled oil producer Petrobras reported a 7.2% drop in first-quarter net profit to 32.66 billion reais, while adjusted EBITDA declined 2.4% to 59.64 billion reais. Net revenue edged up 0.4% to 123.69 billion reais. The company maintained steady domestic fuel prices even as global oil prices rose amid the Iran war.
U.S. stock futures were mostly flat Monday evening as traders awaited April consumer price index data and monitored renewed friction in the Middle East. Futures held steady following record closing levels on Wall Street, where gains were led by chipmakers. The market awaits CPI figures that are expected to show headline inflation accelerating to 3.…
Hims & Hers reported first-quarter revenue of $608.1 million and a per-share loss of $0.40, missing Wall Street revenue estimates and producing an unexpected quarterly loss. Management said the company’s move from compounded GLP-1 offerings to FDA-approved branded drugs - including a partnership with Novo Nordisk to distribute Wegovy - has driven p…
LOT Polish Airlines contends in U.S. District Court in Seattle that Boeing hid safety defects in the 737 MAX when the carrier agreed in 2016 to lease the type as part of a recovery plan. The airline argues that Boeing misrepresented the Maneuvering Characteristics Augmentation System (MCAS) and its testing, leading to global groundings in 2019 afte…
On May 11, BuzzFeed said Byron Allen will become its next chief executive after entering a deal to buy roughly 52% of the company for $120 million. The transaction sent BuzzFeed shares sharply higher in after-hours trading. The company has reported declining revenue, a widening net loss and has paused its annual forecast while it evaluates its outl…
