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.
30,138 total articles
European equities opened mostly higher Thursday, reflecting a broader rise in global markets as prospects for renewed talks between Washington and Tehran lifted sentiment. Gains were modest across major indexes while diplomatic momentum toward a permanent halt to hostilities coexists with continuing tensions over a U.S. naval blockade and related w…
UK equities opened modestly higher as official data showed February GDP beating expectations, underpinned by gains in services, industrial output and construction. Investors also remained attentive to reports about potential U.S.-Iran ceasefire discussions. Several London-listed companies released results or guidance that reflected both the economi…
Tokyo's equity market finished higher Thursday, with the Nikkei 225 rising 2.48% to reach a new record high. Strength in Real Estate, Banking and Textile sectors supported the advance. Several major industrial names, including Komatsu and Kubota, declined, while Daikin Industries reached a 52-week high. Volatility measures and moves in oil, gold an…
Private equity firm EQT has restarted the process to sell the mainland China operations of contact lens maker Ginko International, seeking a price tag of at least $1 billion. The move follows a previously agreed sale to Advent International that was terminated after the buyer paid a breakup fee and withdrew. EQT's advisers are reaching out to poten…
Australia's equity benchmark ended lower on Thursday, with losses centered in the Gold, Financials and Energy sectors that pushed the S&P/ASX 200 down 0.26% at the Sydney close. Market breadth showed more advancing stocks than decliners, while implied volatility dipped to a one-month low. Commodity prices and currency pairs moved modestly during th…
Circle Internet Group's chief executive, Jeremy Allaire, said there is a "tremendous opportunity" for a yuan-backed stablecoin as digital currencies become more embedded in international trade and finance. He suggested China could introduce such a stablecoin within three to five years. The comments come amid ongoing growth in dollar-backed stableco…
DocMorris AG delivered a 10.7% local-currency increase in first-quarter revenue to CHF318.1m, driven by a sharp rise in German prescription sales and expansion in digital services. Active users rose modestly, adjusted EBITDA improved year-over-year to negative CHF6.3m, and management reiterated full-year 2026 guidance and a path to EBITDA and free …
Fastned BV reported first-quarter 2026 revenues of €39.2 million, a 40% year-over-year increase driven by a 32% rise in charging volume to 55.6 gigawatt-hours and a 6% rise in average selling price to €0.71 per kilowatt-hour. The company widened its European footprint, opened eight new stations, and raised annualized revenue per station to €387,000…
Taiwan's market closed higher on Thursday, with the Taiwan Weighted up 2.37% to a new all-time high. Strength in the Glass, Plastic and Optoelectronic sectors powered gains. Several individual stocks recorded 10.00% moves, while select energy and commodity-related names fell sharply. Oil, gold and currency benchmarks posted mixed changes.
Taiwan Semiconductor Manufacturing Co. reported record first-quarter net profit of T$572.48 billion ($18.15 billion), a 58.3% increase from a year earlier, driven by strong artificial intelligence-related demand. Revenue for the quarter rose 35% to T$1.134 trillion, outpacing analyst estimates of net profit.
Pernod Ricard reported a marginal 0.1% like-for-like increase in organic net sales for the third quarter to March 31, driven by improvements in India and global travel retail. The company said reduced tourism tied to the war in Iran will depress travel retail sales and expects group organic net sales to fall 3% to 4% in fiscal year 2026, despite re…
Trend Micro shares rallied sharply after the Japanese cybersecurity firm said its enterprise unit, TrendAI, will work with Anthropic to incorporate Claude AI models for agentic automation, AI-native security operations and systems to detect vulnerabilities in AI systems. The move coincided with a strong session for the Nikkei 225, which rose to a r…
Staff working for the joint venture between Tesla Inc and SpaceX have approached leading semiconductor-equipment vendors requesting price quotes and delivery schedules for machinery intended for the Terafab foundry. The project, announced earlier by Elon Musk, aims to integrate end-to-end chip design and production to supply AI compute needs for Mu…
Asian equity markets extended gains following record highs on Wall Street, with Japan's Nikkei 225 reaching a fresh record. Strength in technology and chip-related names on hopes for sustained AI demand combined with China's stronger-than-expected first-quarter GDP to support risk appetite, while country-level data produced a mixed picture across t…
Goldman Sachs is keeping Buy ratings on three U.S. utility stocks as the first-quarter earnings season approaches, citing potential capital expenditure announcements, shifts in large-load demand and regulatory dynamics. The bank expects company updates on incremental capex opportunities and load developments that could influence near-term earnings …
Arxis Inc. set its initial public offering price at $28 per share, selling 40.5 million Class A shares to raise about $1.13 billion. The company expanded the offering size and gave underwriters a 30-day option for up to 6.075 million additional shares. Shares are expected to begin trading on the Nasdaq Global Select Market as ARXS on April 16, with…
Arxis, a maker of electronic and mechanical components for aerospace, defense, medical and specialized industrial markets, raised $1.13 billion in its U.S. initial public offering by selling 40.5 million shares priced at $28 each. The company, owned by buyout firm Arcline, has grown through more than 30 acquisitions since 2019, including the $1.8 b…
A U.S. district judge in Honolulu dismissed the Justice Department's effort to stop Hawaii from pursuing climate-related litigation against major oil companies in state court, finding the federal government's challenge too speculative and noting a longstanding policy against federal intervention in state court processes. The ruling is the second fe…
OpenAI co-founder and CEO Sam Altman filed a motion in federal court in St. Louis seeking to dismiss punitive damages claims in a civil suit brought by his sister, Annie Altman, who accuses him of sexual abuse and rape between 1997 and 2006. In the filing, Sam Altman contends Missouri’s child sexual abuse statute restricts recovery to damages for i…
U.S. equity futures ticked higher Wednesday evening after the S&P 500 and Nasdaq Composite closed at record levels, supported by optimism about potential U.S.-Iran talks and continued corporate earnings strength. S&P 500 futures rose 0.2%, Nasdaq 100 futures gained 0.3% and Dow futures edged up 0.2% as investors weighed diplomatic developments and …
A significant fire on Wednesday night at the Geelong refinery in Corio, Victoria - one of Australia’s last two operating refineries - damaged the motor gasoline production unit and forced the plant to run at minimum rates. The facility, owned by Viva Energy Group Ltd (ASX: VEA), supplies roughly half of Victoria’s fuel and about 10% of national con…
Asian markets opened higher amid signs that Iran may be considering proposals to reduce maritime threats in the Strait of Hormuz and as robust corporate results in the United States lifted risk appetite. Market participants are also braced for key economic releases, including Australian employment figures and Chinese GDP, while Taiwan Semiconductor…
Credit ratings agency S&P Global Ratings reduced the issuer credit rating for the Australian Securities Exchange to "A+/A-1" from "AA-/A-1+" following regulatory findings that the exchange exhibited governance and risk management failures. The downgrade arrives after a lengthy ASIC inquiry that highlighted tactical, short-term responses to tech…
Taiwan Semiconductor Manufacturing Co (TSMC) is expected to report a roughly 50% rise in net profit for January-March, delivering a fourth straight quarter of record earnings driven by strong demand for AI infrastructure. Analysts say demand for the company's 3-nanometre process and advanced packaging continues to exceed current production capabili…
Senior U.S. defense officials have conducted early, wide-ranging discussions with top executives at companies including General Motors and Ford about the potential for those firms and other manufacturers to shift into weapons and military supplies production. The talks, which included GE Aerospace and Oshkosh and began before the war in Iran, come …
