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
Merck & Co announced a multiyear partnership with Google Cloud to accelerate artificial intelligence adoption across its drug development, regulatory, manufacturing and commercial operations. The drugmaker said it could invest as much as $1 billion over several years to fund AI infrastructure, engineering collaboration and licensing of Google’s Gem…
Philip Morris International trimmed its full-year adjusted earnings-per-share outlook amid mounting competition in nicotine pouch products and regulatory uncertainty surrounding its Zyn line. The company reported first-quarter revenue and adjusted EPS above consensus and said it had incorporated limited impacts from the Middle East conflict into it…
European utilities have outperformed the broader market in 2026, with battery storage and renewables names driving gains. UBS analysts argue the sector has room to run after multiple recovery and stronger earnings growth, and they single out RWE, Orsted and Grenergy as preferred holdings. The bank also highlights exposure risks in National Grid, Ve…
Australia's online safety regulator has served legally enforceable transparency notices on several leading gaming platforms, requesting detailed information about measures to prevent grooming, sexual extortion and radicalisation of children. Platforms named include Roblox, Microsoft’s Minecraft, Epic Games’ Fortnite and Valve’s Steam. Companies fac…
UBS analysts say the U.K. equity market is unusually concentrated, with the effective number of influential stocks in the low teens versus more than 50 in Europe. That structural crowding - concentrated ownership by U.S. investors and sector-level positioning in Energy and Consumer names - reduces the market's capacity to sustain a broad-based adva…
Cboe Global Markets said it will sell its Canadian and Australian equities exchanges to TMX Group for $300 million as part of a strategic realignment that shifts focus to higher-growth segments including derivatives, digital assets and prediction markets. The transaction, covering Cboe Canada and Cboe Australia, follows an earlier decision to exit …
Bank Indonesia maintained its policy rate at 4.75% on Wednesday, prioritizing measures to strengthen the Indonesian rupiah, according to a Bank of America research note. The central bank did not rule out further tightening but indicated it may rely on alternative instruments such as steering SRBI yields and intervening in offshore non-deliverable f…
A previously delayed internal CDC report indicating COVID-19 vaccines halved emergency department visits and hospitalizations among healthy adults this past winter has been blocked from appearing in the agency's primary scientific journal. The report's findings could not be independently verified. The Department of Health and Human Services did not…
AT&T reported stronger-than-expected net additions of monthly bill-paying wireless phone subscribers in the first quarter, driven in part by customers taking bundled wireless and home fiber services. Revenue rose about 3% to $31.5 billion, and the company reorganized its segments to spotlight an advanced connectivity unit that saw roughly 5% revenu…
Indian benchmark indices closed lower on Wednesday as declines in Technology, Fast Moving Consumer Goods and Healthcare sectors pressured markets. The Nifty 50 fell 0.81% and the BSE Sensex slipped 0.95%. Notable moves included a sharp drop in HCL Technologies to 52-week lows and a rally in NTPC to 52-week highs. Broader market breadth favored adva…
GE Vernova increased its 2026 revenue guidance after robust order intake driven by data center demand. The company reported $18.3 billion in first-quarter orders, organic growth above 71%, and stronger core profits in its electrification and power divisions, prompting an upward revision to its forecast.
The U.S. military recently introduced a Ukrainian-made counter-drone command-and-control system, Sky Map, at Prince Sultan Air Base in Saudi Arabia and brought in Ukrainian personnel to train U.S. forces on its use. The deployment comes as the base has endured repeated waves of drone and missile strikes, including attacks that destroyed aircraft, d…
A rupture in Peru’s principal gas pipeline in March, which precipitated the nation’s most severe energy crisis in two decades, followed years of formal warnings from regulators about geotechnical risks and maintenance shortcomings. More than 75 official reports dating back to 2005 record at least 13 failures and repeated findings that operator TGP …
ASML’s leadership told investors the company will not repeat past bottlenecks after investments in capacity and productivity, while cautioning the biggest threat would be failing to deliver equipment on time. Management also commented on potential U.S. export restrictions to China and the implications for global capacity.
Exxon Mobil is reportedly weighing the sale of its Esso-branded service stations in Hong Kong. People familiar with the matter say the company has hired a financial adviser and held initial talks with several potential buyers, with the assets expected to attract a sale price in the low hundreds of millions of dollars. Bloomberg has reported the com…
TE Connectivity forecast third-quarter adjusted earnings slightly above analyst expectations while warning that supply-chain disruptions linked to the Iran war have driven up costs for transportation and oil-derived materials, potentially requiring the company to pass those higher costs to customers to preserve margins.
Bank of America analysts say Brazil's tax reform will ultimately lift effective sales tax rates on vehicle rental companies to roughly 8-9%, but a government transition framework defers most of that burden for many operators until the mid-2030s. Localiza and Movida are expected to see their fleet assets largely untaxed until after 2033-2034, while …
U.S. equities have climbed to fresh highs while the S&P 500 trades at about 20.8 times expected next-12-month earnings, a level near its lowest in a year. That apparent bargain is supported by rapidly rising profit forecasts, notably tied to optimism around AI, but companies and executives are increasingly warning that sustained high oil prices rel…
Major crypto trading platforms are preparing to offer perpetual futures in the United States after indications from the Commodity Futures Trading Commission that it will clarify the regulatory status of such contracts. Industry moves include Kraken’s acquisition of Bitnomial for up to $550 million, Coinbase’s launch of long-dated futures mimicking …
Major software companies are set to report solid revenue growth, with Salesforce expected to log its strongest quarterly top-line gain in three years. Yet investors remain wary as the rise of AI tools and potential encroachment into enterprise workflows have triggered a sectorwide selloff, leaving analysts and portfolio managers uncertain whether n…
Apple’s historical emphasis on tightly controlled hardware, operating systems and curated apps helped build the iPhone into a dominant consumer product and fueled years of growth. But that same model may hamper the company as AI innovation accelerates through open experimentation and broad developer access. Incoming CEO John Ternus will inherit the…
Micron Technology has actively lobbied U.S. lawmakers to advance legislation that would expand export restrictions on semiconductor manufacturing equipment bound for Chinese memory producers. The bipartisan MATCH Act, up for a House Foreign Affairs Committee vote, aims to close gaps in current controls, require licenses for servicing equipment at c…
Barclays strategists maintain a constructive stance on U.S. equities despite year-to-date underperformance versus Europe and APAC, citing the U.S.'s greater capacity to absorb an energy shock from the Iran conflict and Strait of Hormuz disruptions, strong fund inflows, improving earnings-per-share revisions for fiscal 2026, and valuation dynamics t…
Goldman Sachs raised its rating on Genmab from Neutral to Buy after a detailed review of the company’s pipeline. The bank highlighted increased confidence in three assets - Rina-S, petosemtamab, and Epkinly - that it believes could collectively de-risk more than $5 billion in peak sales potential through the remainder of 2026. Shares reacted positi…
Japan Petroleum Exploration (Japex) unveiled a decade-long growth plan to lift oil and gas production fourfold while committing sizable capital to overseas exploration and production, with the United States the largest recipient. The company plans parallel investment in carbon capture, utilisation and storage (CCUS) and aims to substantially increa…
