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.
30,139 total articles
Hikma Pharmaceuticals has reconfirmed its full-year 2026 guidance after first-quarter results that met management expectations across its Injectables and US Rx divisions. The Injectables business stayed on track for low single-digit revenue growth and a 27% to 28% core operating margin, supported by strong US demand for Tyzavan and ongoing capacity…
Man Group reported first-quarter assets under management of $228.7 billion, below analyst expectations of $231.3 billion. The firm experienced net outflows of $1.6 billion, with losses distributed across both Alternatives and Long-Only businesses. A roughly $6 billion redemption from one client accounted for the majority of Systematic Long-Only out…
European equity markets moved lower on Thursday as concerns about disruptions in the Strait of Hormuz and an active corporate earnings calendar tempered risk appetite. The STOXX 600 fell 0.2% to 612.98 at 0718 GMT, while Germany's DAX and London's FTSE 100 declined 0.2% and 0.5%, respectively. Oil climbed above $100 a barrel, lifting energy stocks,…
Chinese automakers are increasingly targeting overseas markets for EVs and next-generation mobility technology as domestic demand weakens following a sustained price war. With car sales down 18% year-on-year in the first quarter and prospects for flat or declining volumes, manufacturers see exports as a path to improved margins and growth. Companie…
European equities moved mostly downward as investors weighed continued instability near the Strait of Hormuz against an indefinite ceasefire extension announced by the U.S. president. Key indices in Germany and the U.K. led losses while France's CAC 40 rose, supported by strong results from L'Oreal. Oil prices were pushed back above $100 a barrel a…
Bain Capital is exploring a sale of at least 40% of Bridge Data Centres (BDC), valuing the Singapore-headquartered data-infrastructure company at $5 billion, according to people with knowledge of the transaction. The firm has engaged Citigroup and JPMorgan to manage the sale, which has drawn bids and interest from multiple private equity and infras…
British equities opened weaker on Thursday as heightened tensions in the Middle East, centered on constrained traffic through the Strait of Hormuz and a U.S. naval blockade, kept investor sentiment subdued. Energy prices rose on supply concerns while several major UK firms issued profit or guidance changes citing the geopolitical strain.
Japanese equities ended Thursday’s session in the red, with the Nikkei 225 falling 0.74% as sector declines led broad selling across the Tokyo market. Gains in select semiconductor and industrial names were offset by pronounced drops in several electronics and consulting stocks. Commodity and currency moves were mixed, with oil firming, gold slippi…
Galderma reported a 25.5% rise in first-quarter sales on a constant-currency basis to $1.47 billion, driven by a 41.5% jump in U.S. sales. The company said it expects to manage the effects of U.S. tariffs in 2026 and has incorporated assumed tariff impacts on certain injectables and a recent U.S. announcement on pharmaceutical imports into its full…
Tens of thousands of Samsung Electronics workers gathered at the Pyeongtaek chip campus to protest compensation levels and demand removal of a bonus cap, warning of an 18-day strike starting May 21 if talks fail. The union cites a large disparity in bonus pay compared with SK Hynix and seeks a larger share of operating profit and higher base pay; m…
The S&P/ASX 200 finished lower in Sydney on Thursday, falling 0.57% as losses in the Materials, Metals & Mining and Consumer Staples sectors outpaced gains elsewhere. Market breadth was negative, with 688 decliners versus 435 advancers and 409 stocks unchanged. Notable movers included Regis Healthcare, Beach Energy and Yancoal on the upside, wh…
China’s pet food market, now valued at more than $24 billion, has seen rapid expansion driven by a shift toward domestic brands. Annual sales expanded sixfold between 2014 and 2024, prompting large Chinese firms from sectors including liquor, pork and dairy to enter the category. Domestic producers are competing on variety, packaging, pricing and e…
European logistics companies are poised to report stronger first-quarter earnings amid shipping disruptions tied to the U.S.-Israeli war with Iran. Elevated freight rates from rerouting around conflict zones, reduced capacity and higher fuel costs have supported margins. Analysts caution, however, that the energy shock and potential economic fallou…
Taiwan's benchmark rallied on Thursday, with the Taiwan Weighted index finishing 1.75% higher and reaching a fresh all-time high. Strength in the Glass, Electronic Parts/Components and Paper & Pulp sectors supported the advance, while a handful of individual names posted steep declines. Commodity and currency movements were mixed, with crude and Br…
Xpeng expects to begin large-scale manufacturing of its vertical takeoff-and-landing vehicles next year and aims to start producing humanoid robots in the fourth quarter of 2026. Company leadership said more than 7,000 orders have been placed for the flying cars, most in China, where regulatory approval is being sought. Xpeng also signaled growing …
Saab reported a strong first quarter, with double-digit sales growth and a marked increase in operating profit driven by high demand for surveillance systems and combat solutions. While order intake eased, the company says its backlog remains substantial and that it is investing to expand capacity and digital capabilities.
Renault reported a 7.3% year-on-year increase in first-quarter sales to 12.53 billion euros, well above a company-provided consensus that expected a 0.1% rise to 11.69 billion euros. Growth was largely driven by higher sales to partners, notably production and distribution work for Nissan and Geely, which contributed 5.9 percentage points to the to…
Hyundai Motor posted first-quarter operating profit of 2.51 trillion won, missing forecasts and falling from 3.63 trillion a year earlier. The automaker cited higher costs tied to U.S. import tariffs and disrupted shipping linked to conflict in the Middle East. Revenue rose to 45.9 trillion won helped by a weaker South Korean won, while net profit …
Hyundai Motor reported a 31% year-on-year decline in first-quarter operating profit to 2.5 trillion won, matching analysts' estimates, as softer demand in the Middle East and a recall of the Palisade SUV weighed on results. Revenue increased 3.4% to 45.9 trillion won. Shares traded lower following the announcement.
Nokia reported a stronger-than-expected rise in comparable operating profit for the first quarter of 2026, driven by robust orders and elevated sales to artificial intelligence and cloud customers. Comparable operating profit increased 54% to 281 million euros, outpacing analysts' average estimate of 250 million euros, while comparable net sales re…
Nokia reported a first-quarter net profit of 87 million euros versus a loss of 60 million euros a year earlier, driven by strength in Network Infrastructure and AI/cloud-related demand. Comparable net sales rose 4% to about 4.5 billion euros, comparable operating profit climbed 54% to 281 million euros, and the company reiterated full-year comparab…
BE Semiconductor Industries reported a sharp year-on-year rise in first-quarter net profit and robust revenue growth, driven by stronger shipments for high-end mobile and 2.5D AI computing applications. The company also said its order book more than doubled in Q1 and forecast continued sequential revenue growth, higher gross margins and a sizeable …
Heineken reported first-quarter organic net revenue and volume gains that exceeded analyst forecasts, while cautioning that rising energy costs and inflation - attributed to the war in Iran - may damp consumer demand. The company confirmed its full-year organic operating profit outlook and continues to pursue cost reductions and leadership successi…
Nestle reported stronger-than-expected organic sales growth in the first quarter as higher purchases of coffee and pet food boosted volumes. The company reiterated its full-year organic growth guidance of 3-4% and said it expects an improved underlying trading operating profit margin versus last year. Reported sales fell, reflecting currency and ac…
John Distilleries’ founder says he is open to selling more, possibly all, of his remaining stake to U.S. spirits group Sazerac following a prior deal that placed the Indian company’s valuation at roughly 40 billion rupees. Sazerac already owns about 60% of the Bengaluru-based brewer-distiller. While no timetable has been set, both parties have agre…
