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
Swedish engineering and software group Prevas reported a 1.1% drop in first-quarter revenue to SEK 425.80 million, while adjusted EBITA margin rose to 9.3% driven by improved resource utilization and tighter cost control. Net income was SEK 20.60 million and operating profit SEK 31.90 million, with operating profit reduced by restructuring costs in…
KSB reported a 15% year-on-year increase in first-quarter order intake to €1.01 billion, driven by a major power plant order in Eastern Europe. Revenue edged up 0.4% but first-quarter EBIT declined to €39.8 million, pressured by external costs related to the company’s SAP S/4HANA migration and broader geopolitical and economic headwinds. Management…
Australia's S&P/ASX 200 finished the session down 0.19%, driven by retreats in the Gold, Materials and Financials sectors. Market breadth favored decliners while volatility on the ASX rose modestly. Commodities and currency moves were mixed, with gold futures higher and crude oil prices lower at the close.
Bernstein has identified six Mainland Chinese companies it views as top picks across consumer staples, automotive, technology and semiconductor sectors, assigning each an Outperform rating. The firm points to high margins, market share advantages, product demand and structural growth initiatives as the drivers behind its selections, while noting ne…
Taiwan's benchmark closed lower, down 0.96%, after weakness in the Computers & Peripherals and Semiconductor sectors. A small group of stocks posted large percentage gains, while several others dropped sharply. Commodity and currency markets also saw notable moves during the session, with crude and Brent oil lower and gold futures higher.
First-quarter results from several major European lenders highlighted weak or tepid performance in investment banking, while U.S. peers posted record revenue driven by trading gains. Structural shifts - including regulatory changes in the United States, differences in business mix and the rise of market-making firms - are contributing to widening c…
Tesla has received approval from the Dutch road authority for its 'FSD (Supervised)' software and is pursuing recognition across the European Union. Internal and inter-agency emails from regulators in several countries reveal skepticism about the system’s safety claims, operational limits and Tesla’s advocacy tactics. Key EU committee votes and fur…
Facing squeezed margins at home and a crowded domestic market, Chinese automakers are shifting from shipping lightly modified China-spec cars to designing models from the ground up for overseas buyers. The strategy targets segments and regions where local demand differs from China - notably European hatchback markets and pickup markets in Australia…
Samsung Electronics' board chairman has called for earnest negotiations with organised labour after unions announced plans for an 18-day strike beginning May 21. In an internal memo dated Tuesday, Shin Je-yoon cautioned that work stoppages could disrupt deliveries and production, erode market leadership and produce wider economic consequences inclu…
Vodafone Group will purchase CK Hutchison’s 49% holding in the VodafoneThree joint venture for 4.3 billion pounds ($5.8 billion) under a capital reduction and share cancellation agreement, taking full control of the UK mobile operator that serves more than 28 million customers. The joint venture, formed in early 2023 and completed in May 2025, carr…
HSBC reported first-quarter profit before tax of $9.4 billion, a slight decline from the prior year as an increase in expected credit losses and operating expenses offset revenue growth driven by wealth fee income and higher net interest income. Revenue rose 6% to $18.6 billion, while the bank raised its 2026 net interest income guidance and signal…
South Korean authorities said they will investigate an explosion and subsequent fire aboard the Panama-flagged cargo ship HMM Namu in the Strait of Hormuz. The empty, anchored vessel suffered an engine-room blaze that was extinguished with no casualties reported. U.S. President Donald Trump posted that Iran had fired on the ship as part of a broade…
Apple has conducted early-stage discussions with Intel and Samsung about producing the custom processors that run its devices, part of an effort to diversify away from its long-standing supplier Taiwan Semiconductor Manufacturing Co. Conversations are exploratory and no final decisions have been reached.
OpenAI's CEO examined a plan in late-2025 to separate the company’s robotics and consumer-hardware operations into more independent entities funded with outside capital. The idea was shelved in part because the units might have stayed consolidated on OpenAI's balance sheet; the move underscores mounting pressure to focus development on revenue-driv…
Asian equities weakened as renewed tensions in the Strait of Hormuz dented risk appetite and sent oil and gas prices higher, while Australian markets softened ahead of a widely expected Reserve Bank rate increase. Trading was muted with key markets closed, and technology stocks in Hong Kong retreated after recent strong gains were pared back by pro…
Westpac Banking Corp reported a first-half net profit of A$3.41 billion, trailing analyst expectations of A$3.47 billion. The bank attributed the shortfall to a rise in credit impairment charges and weaker Treasury income, and said the war in the Middle East is creating economic pressures that are likely to continue through the year. Despite the hi…
President Luis Abinader instructed the suspension of any activity tied to GoldQuest Mining’s Romero gold and copper project following large-scale demonstrations by residents of San Juan province concerned about environmental and water-supply impacts. The Romero Project has exploratory concessions dating to 2005 but has not obtained an exploitation …
U.S. equity futures showed little directional movement Monday evening after Wall Street’s earlier pullback, as investors weighed reports of new Iranian attacks in the Strait of Hormuz and a roughly 6% rise in oil prices against a recent stretch of strong corporate results. Profit-taking following April gains and worries about the inflationary impli…
Regis Resources and Vault Minerals have reached an agreement to unite in an all-share transaction that will create a A$10.7 billion gold company. Under the terms, Regis will acquire all of Vault’s shares in exchange for 0.6947 new Regis shares for each Vault share. The merged group is projected to produce over 700,000 ounces of gold a year from fiv…
OpenAI co-founder and president Greg Brockman, while testifying in a lawsuit brought by Elon Musk, disclosed a stake in OpenAI valued at nearly $30 billion and described prior financial ties to CEO Sam Altman. In court, Brockman confirmed he received an ownership interest in Altman’s family office in 2017 and holds positions in startups backed by A…
California energy regulators have opened an inquiry into a Trump administration agreement that refunded offshore lease payments and led to the cancellation of a planned wind project off the state’s central coast. The investigation centers on a $120 million government payout and whether that payment violated state law. Regulators subpoenaed Golden S…
The head of American Airlines’ pilots union praised United Airlines CEO Scott Kirby’s merger proposal as a 'bold vision' that could be 'transformative' for passengers, communities and pilots, but the union did not formally back a United-American tie-up. United has said it dropped pursuit of a merger after American declined to engage; American has a…
Embraer views its recent UAE contract for as many as 20 C-390 military transport aircraft as a springboard for additional defense sales in the Middle East. The deal - 10 firm jets and 10 options - makes the United Arab Emirates the 12th nation to select the C-390 and the first buyer in the Middle East. Company executives say the structure and regio…
Intel has appointed Alex Katouzian, a more than 20-year Qualcomm veteran, to head its PC and physical artificial intelligence unit beginning in May. The move places a senior industry executive in charge of Intel's core PC franchise and its physical AI efforts, while Pushkar Ranade is confirmed as chief technology officer and will remain CEO Lip-Bu …
Southwest Airlines has discussed hiring mechanics who worked for Spirit Airlines after that carrier halted operations, a union official said. The move is tied to near-term operational needs and preparations for Boeing’s 737 MAX 7, which Southwest expects to receive in early 2027 pending regulatory clearance this year.
