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
MARA Holdings agreed to acquire Long Ridge Energy & Power LLC from FTAI Infrastructure Inc. for roughly $1.5 billion including assumed debt. The purchase brings a 505 MW combined-cycle gas plant in Hannibal, Ohio, more than 1,600 contiguous acres suitable for an integrated digital infrastructure campus, and nearly 100 MMcfd of fuel supply. MARA sai…
China’s official manufacturing PMI remained above the expansion threshold in April at 50.3, a slight dip from March’s 50.4 but ahead of market forecasts. Export-related indicators strengthened, supported by double-digit growth in several high-tech export categories in the first quarter. Prices stabilized after March’s rise, while services and consu…
Garmin reported first-quarter revenue and adjusted earnings per share above Wall Street expectations, with operating margins widening year-over-year. Shares rose 6.29% on the results, but the company maintained its fiscal 2026 revenue and EPS guidance, leaving analysts to temper enthusiasm despite the quarterly beat.
Blue Owl reported first-quarter adjusted distributable earnings per share of $0.19, narrowly beating analyst expectations, while fee-related earnings increased and assets under management grew to $314.9 billion. The firm raised $11 billion in new capital commitments during the quarter, with continued strong institutional and private wealth contribu…
Bank of America analysts say that if Japan’s Ministry of Finance moves to defend the yen while USD/JPY trades above 160, such intervention may not have the same persistence as prior episodes. The bank identifies a probable intervention range between 162 and 165 but lists five factors that could reduce the durability of any government action, includ…
UBS has upgraded Lloyds Banking Group from neutral to buy and lifted its 12-month price target to 115p from 110p following the bank's first-quarter 2026 results. Lloyds reported pre-tax profit modestly ahead of company consensus, maintained robust return on tangible equity, and generated meaningful common equity tier 1 (CET1) capital in the quarter…
Netomi, a California-based startup that applies large language models to customer service, raised $110 million in a Series C financing led by Accenture Ventures. The company plans to deploy the capital into customer rollouts and research and development as it expands partnerships with Accenture, WndrCo and Adobe to deliver AI-driven support agents …
Major banks across Asia are intensifying scrutiny of artificial intelligence tools after the emergence of a highly capable cybersecurity AI that has reportedly identified thousands of critical software vulnerabilities. Lenders in Singapore and beyond are reinforcing assessment procedures and emphasising internal guardrails even as they seek to harn…
JPMorgan upgraded Kone to Overweight and lifted its price target to €70 from €65 after Kone agreed to buy German rival TK Elevator in a €29.4 billion deal. The transaction would create the world’s largest elevator manufacturer by employees and revenue, but raises near-term leverage and regulatory questions that analysts and investors are scrutinizi…
Royal Caribbean reduced its fiscal 2026 adjusted earnings outlook after projecting materially higher fuel expenses driven by elevated oil prices amid persistent Middle East tensions. The cruise operator said higher at-the-pump fuel costs, net of hedging, will add about $1.3 billion to its bill versus its previous forecast, even as it recorded a qua…
Bombardier reported a 5% increase in first-quarter revenue, powered by a 25% jump in services revenue and one additional aircraft delivery versus last year. The company generated $360 million in free cash flow, marking its strongest Q1 in nearly 20 years, and raised its full-year 2026 free cash flow outlook to above $1 billion.
Merck reported a first-quarter loss after taking a one-time acquisition charge tied to Cidara Therapeutics, even as product sales grew 5% year-over-year. Quarterly revenue rose to $16.3 billion and exceeded the compiled Wall Street consensus. The company updated its 2026 guidance, narrowing the range and lifting the midpoint while excluding the exp…
India's major equity indices closed lower on Thursday, with the Nifty 50 down 0.74% and the BSE Sensex 30 off 0.75%. Losses were concentrated in the Metals, Real Estate and Public Sector Undertakings sectors, while select large-caps including Bajaj Auto and Sun Pharmaceutical outperformed. Volatility rose and commodity and currency markets register…
Japan's two largest airlines, ANA Holdings and Japan Airlines (JAL), reported that the conflict in the Middle East has pushed jet fuel prices higher and left the outlook uncertain, but neither company sees signs of a near-term disruption to fuel supplies. ANA warned of a sizeable hit to costs this year despite hedging and potential offsets, while J…
Deutsche Bank upgraded ThyssenKrupp AG to a 'buy' rating from 'hold' and raised its price target to €14.50 from €11, citing a more attractive risk/reward profile after the stock underperformed peers. The broker highlighted possible upside of about 50% to its base-case target and more than 100% in a best-case scenario, while noting ongoing volatilit…
Delta Electronics, a key supplier of power and cooling systems for AI data centres, said it anticipates rising costs in coming quarters due to higher oil prices and persistent material shortages, even as sales and gross profit climbed sharply on demand from AI-driven data centre builds. The company reported robust first-quarter results and said cap…
Pernod Ricard and Brown-Forman have mutually agreed to halt merger negotiations after failing to agree on acceptable terms. Discussions had included a potential cash-and-stock combination that would have left the Brown family with a significant stake, while rival bidder Sazerac reportedly put forward an all-cash, higher-leverage proposal. Companies…
Berkshire Hathaway holds its annual shareholder weekend in Omaha, the first since Warren Buffett relinquished the CEO role after 60 years. New chief executive Greg Abel will present roughly one hour on Berkshire’s businesses and face 2.5 hours of shareholder questions. Other senior executives Ajit Jain, Katie Farmer and Adam Johnson will also take …
For the first time in six decades, Warren Buffett will not lead Berkshire Hathaway’s annual shareholder meeting. Greg Abel, who assumed the CEO role after Buffett stepped aside, will chair the session in Omaha and answer shareholder questions alongside a senior executive team. The leadership handoff coincides with a period of stock underperformance…
Alphabet’s cloud unit posted a standout quarter with 63% revenue growth, prompting investors to re-evaluate which major technology firms are converting heavy AI investments into commercial returns. Combined AI-related capital spending among leading tech companies is now expected to exceed $700 billion this year, and companies signaled that elevated…
Elon Musk is scheduled to resume testimony for a second day of cross-examination as the high-profile civil trial over his suit against OpenAI continues in federal court in Oakland, California. Musk alleges that OpenAI, its co-founder Sam Altman and President Greg Brockman solicited his $38 million donation under the premise of building a nonprofit …
China’s securities regulator has granted approval for DSC Holdings, a software provider for used-car dealers that is incorporated in the Cayman Islands, to pursue a Nasdaq listing. The move is the first such clearance in four months and underscores a selective, case-by-case stance toward red-chip firms seeking U.S. capital markets access amid tight…
Qualcomm's stock rallied sharply in premarket trading after the company's CEO expressed confidence that smartphone demand will begin to recover following the firm's fiscal third quarter, and outlined progress toward shipping data center chips before year-end. The upbeat comments drove investor optimism despite a weak fiscal forecast and analyst cau…
Switzerland's Competition Commission (ComCo) has launched two formal investigations into alleged anti-competitive arrangements in which travel companies and online casinos purportedly agreed not to bid on each other's trademarked search terms in keyword auctions run by search engines. The inquiries follow complaints to the watchdog and will involve…
Several major automakers have begun recording projected reimbursements for tariffs paid to the U.S. government following a February Supreme Court ruling, collectively recognizing about $2.3 billion of expected refund income in first-quarter accounts. While the entries lifted reported quarterly profits, companies warned the money has not been receiv…
