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
SpaceX's S-1 registration ahead of a planned $1.75 trillion IPO this summer reveals the company's intent to invest heavily in AI hardware, explicitly listing 'manufacturing our own GPUs' among substantial capital expenditures. The filing also cautions investors that SpaceX lacks long-term contracts with many direct chip suppliers and expects to con…
Bank of America has reaffirmed Buy ratings on Vista Energy (VIST) and YPF (YPF), raising price targets for both names as Argentina’s macro backdrop improves and company-specific developments progress. The bank highlighted Vaca Muerta exposure, a near-term asset acquisition for Vista, and YPF’s mix of rising unconventional output and asset sales as …
European new car registrations rose 11.1% year-on-year in March to 1.58 million units, propelled by strong growth in battery-electric vehicles (BEVs) and hybrid electric vehicles (HEVs). BEVs surged 41.7% while hybrids increased 15.3%; petrol vehicle registrations declined 10.2%. Tesla and BYD recorded substantial year-on-year registration gains in…
Disruptions to trade routes and material supplies caused by the war in the Middle East have diverted Chinese yarn demand toward India. Cotton yarn exporters in western India, particularly Gujarat, are operating at full capacity as orders climb sharply, supported by a roughly 7% weakening of the rupee versus the yuan and reduced shipments from other…
Microsoft will commit A$25 billion (US$18 billion) through 2029 to expand its Azure AI supercomputing capacity and data centre footprint in Australia, increase cybersecurity cooperation with national agencies, and fund a large-scale AI skills training programme for Australian workers by 2028. The announcement was made by Microsoft CEO Satya Nadella…
Asian equities lost ground on Thursday, erasing initial advances as persistent U.S.-Iran tensions and renewed risks to oil flows through the Strait of Hormuz overshadowed upbeat technology results and stronger-than-expected South Korean GDP data. Japan's Nikkei and South Korea's KOSPI both retreated from intraday peaks, while broader regional index…
Shares of KakakuCom Inc climbed sharply after reports that Swedish buyout group EQT AB is exploring a takeover of the Japanese shopping and reviews platform operator. The stock advanced 9.2% to 2,316.0 yen, marking a three-month high, while commentary on broader private equity activity in Japan highlighted a wave of dealmaking in the market.
Asian stocks rose in step with Wall Street’s record closes, driven by strong corporate results and tech heavyweight gains, while higher oil prices and renewed shipping tensions in the Strait of Hormuz present an unresolved risk to the rally. Treasuries and currencies were largely steady as investors weighed earnings momentum against supply-driven e…
SoftBank Group is pursuing a $10 billion margin loan secured by its shares in U.S. AI firm OpenAI, according to a Bloomberg News report citing people familiar with the matter. The proposed facility would carry a two-year term with a one-year extension option and comes amid the company's escalating use of debt to fund AI investments, including a $40…
Microsoft examined a potential takeover of AI coding start-up Cursor prior to SpaceX's recent $60 billion agreement, but ultimately chose not to submit an offer. The episode highlights escalating competition for developer-focused AI tools amid heavy investments and cloud commitments by leading AI firms.
Japan has advised private equity firm MBK Partners to stop its proposed acquisition of Makino Milling Machine Co following a review under the Foreign Exchange and Foreign Trade Act. Authorities said Makino’s high-performance machine tools are considered dual-use technologies with potential military applications. The recommendation triggered a sharp…
U.S. equity futures slipped on Wednesday evening following record closes for the S&P 500 and Nasdaq, after a ceasefire extension with Iran was announced. Market optimism was tempered when Iran's Islamic Revolutionary Guard Corps seized two container ships and fired on at least one other vessel in the Strait of Hormuz, pushing oil above $100 per bar…
CSL fell further on Thursday, trading near its lowest level since 2017, after the U.S. Department of Defense removed a long-standing flu vaccine mandate for service personnel. The move intensifies pressure on the company’s Seqirus influenza business and comes amid broader concerns about slowing demand for plasma therapies, rising costs, and repeate…
American Airlines and Alaska Air Group are in preliminary discussions to expand their existing West Coast-focused partnership into closer, revenue-sharing coordination on long-haul international routes. The early-stage talks consider bringing Alaska into American’s transatlantic and transpacific joint ventures with carriers including British Airway…
Tesla CEO Elon Musk confirmed that Terafab, the joint venture between SpaceX, Tesla and xAI, intends to build semiconductors using Intel's 14A manufacturing process. Musk told analysts the 14A node is "not yet totally complete" but should be "probably fairly mature or ready for prime time" by the time Terafab scales up. Intel shares rose in after-h…
SK Hynix reported a dramatic increase in first-quarter operating profit and revenue, driven by accelerated demand for memory products used in artificial intelligence infrastructure. The company said high-bandwidth memory and constrained supply supported sharp price gains over recent quarters and signaled continued price strength ahead.
The International Labour Organization has appointed Sheng Li, a senior U.S. Department of Labor official, as deputy director general following months of delay and a withdrawal by a prior nominee. The move occurs against a backdrop of substantial U.S. unpaid contributions to the ILO budget and planned job cuts at the organization.
ServiceNow said delays in closing several large on-premises government contracts in the Middle East weighed on first-quarter subscription revenue growth, a headwind it quantified at about 75 basis points. The company reported quarterly revenue and earnings that beat estimates but saw its stock fall roughly 12% in extended trading after the disclosu…
SK Hynix recorded a record first-quarter operating profit driven by strong demand tied to artificial intelligence workloads. The chipmaker reported operating profit broadly in line with analyst estimates and saw quarterly revenue nearly triple year-on-year as memory demand expanded across DRAM and NAND flash.
Tesla CEO Elon Musk told investors the company intends to adopt Intel’s 14A manufacturing process for chips produced at its Terafab facility. Intel’s stock rose in extended trading following the announcement. Intel had joined the Terafab initiative earlier this month alongside Tesla and SpaceX to supply processors intended for robotics and data cen…
The Pentagon announced the immediate departure of Navy Secretary John Phelan. The move adds to a series of recent senior leadership changes at the Defense Department and occurs as U.S. naval forces are being increased in the Middle East to support a blockade of Iran during a tense ceasefire period. No detailed explanation for Phelan's removal was p…
Unions at Samsung Electronics have announced plans for a large rally at the company’s Pyeongtaek chip complex, projecting attendance of about 37,000 workers. The demonstration precedes a threatened 18-day strike starting May 21 and highlights growing labour unrest at the world’s largest chipmaker amid booming AI-driven demand and widening pay compe…
Las Vegas Sands reported a rise in first-quarter profit, supported by stronger activity in its Macau and Singapore operations. Revenue from Macau and Singapore climbed year over year, helping the company beat Wall Street estimates for adjusted earnings per share and lift its total quarterly net revenue.
Mexico's stock market closed marginally higher on Wednesday, with the S&P/BMV IPC up 0.04% as Industrials, Consumer Goods & Services and Consumer Staples provided upward momentum. A handful of large-cap companies led gains, while select media and consumer finance names recorded the largest declines. Broader market breadth was tilted toward losers. …
Colombian equities edged up at Wednesday's close, with the COLCAP rising 0.07% as Industrials, Services and Agriculture sectors provided upward momentum. Ecopetrol SA paced gains while several financial and utility names slid. Commodity contracts for coffee, cocoa and gold advanced, and currency pairs including USD/COP and BRL/COP posted modest dec…
