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.
30,098 total articles
Morgan Stanley defended shares linked to memory chips after a near-term market selloff, keeping an overweight stance on Micron Technology and SanDisk. The firm argues that tightening supply fundamentals - especially as memory becomes a bottleneck for AI infrastructure and agentic CPU builds - will underpin the sector, and that recent price moves am…
Barclays told clients that the combination of a sudden energy-price shock and accelerating AI-driven corporate investment supports remaining overweight U.S. equities. The bank highlighted resilient earnings momentum, adjusted valuations in Big Tech, and a policy gap between the Federal Reserve and the European Central Bank as reasons to favor the U…
Cathay Pacific has implemented a 34% increase in fuel surcharges across all ticket categories and shifted to a biweekly review cadence for these levies. The long-haul surcharge will rise to HK$1,560 per ticket and short-haul charges will move to HK$389, both effective April 1. The airline said the move follows a surge in fuel costs that its existin…
Nexi announced that Bernardo Mingrone, its outgoing chief financial officer, will take over as chief executive from Paolo Bertoluzzo. The leadership change coincided with an early trading decline for Nexi shares in Milan, where the stock underperformed a broadly weak market. Mingrone, a decade-long company executive, disclosed a purchase of Nexi sh…
Morgan Stanley raised STMicroelectronics to "overweight" from "equal-weight" and increased its price target to €36, pointing to a surge in demand from data centres and nascent improvement in industrial markets. The bank projects steep data-centre revenue growth through 2028, lifted its revenue and adjusted EPS forecasts for 2026 and 2027, and outli…
Corebridge Financial and Equitable Holdings have signed a definitive agreement to merge in an all-stock transaction valued at about $22 billion, based on recent closing prices. The combined business will serve more than 12 million customers, oversee $1.5 trillion in assets under management and administration, and operate across retirement, life ins…
Jurors in the first two U.S. trials over claims that social media platform design harmed children found Meta and Google liable, awarding plaintiffs millions and bypassing Section 230 protections by targeting platform design choices. The rulings, and planned appeals, may force appellate and potentially Supreme Court scrutiny of how broadly Section 2…
In South Bend, Indiana, pockets of growth tied to solar, defense and large corporate projects coexist with declines across several traditional manufacturing lines. CEOs and plant managers describe a patchwork environment in which federal incentives and tariffs lift some product lines while casting doubt on others, producing uneven investment decisi…
UBS reduced its 2026 year-end target for the STOXX 600 index to 630 from 650, attributing the revision to heightened energy supply risks stemming from continued disruption in the Strait of Hormuz and a more adverse distribution of macroeconomic outcomes. The firm still assumes 7% earnings growth and a forward P/E of 15.5x, but warns that the durati…
Deutsche Bank upgraded Leonardo SpA to a buy from hold and lifted its price target to €70 from €57 after the Italian defence group set medium-term 2025-2030 targets. The broker described the company’s 9% sales CAGR and 15.5% EBITA CAGR as attainable, pointing to efficiency gains, potential upside in specific units and order momentum linked to geopo…
French builder Vinci has entered into an agreement to acquire the Safeway Concessions portfolio from Macquarie Asset Management for about 150 billion Indian rupees, or $1.60 billion on a debt- and cash-included basis. The package includes nine tolled highway concessions in southeast and western India, totaling almost 700 kilometers and operating un…
A conflict centered around Iran has disrupted oil and petrochemical flows through the Strait of Hormuz, triggering steep price increases and supply shortages in naphtha and other crude derivatives. The shock is reverberating across Asia’s manufacturing and consumer sectors - from instant noodles and snacks to cosmetics, toys and tyres - forcing pro…
Edenred SA shares dropped more than 12% after Italy's competition authority launched an investigation into Edenred Italia over alleged abuse of a dominant position in the meal voucher market. Authorities carried out inspections at company premises and are probing transaction handling changes introduced after caps on reimbursement fees.
On March 26, South Korea's industry ministry said the Financial Services Commission's advisory board approved a 250 billion won ($166 million) direct investment into Rebellions, a domestic startup that designs neural processing units. The funding, approved at a fund management committee meeting for the state-led National Growth Fund, is intended to…
Shares of 3i Group fell more than 4% on Thursday after the firm released a trading update showing weaker recent like-for-like sales momentum at its flagship portfolio business Action. Despite the softer short-term trading signal, 3i left its full-year 2026 outlook intact, including guidance on sales growth, store openings and margin expectations.
Google's top legal executive in India, Bijoya Roy, has resigned after 16 months on the job, according to two sources. Her departure comes as the company contends with multiple regulatory and legal challenges in India, and while a government relations head remains absent. The company is simultaneously pursuing a large AI infrastructure investment in…
Henkel has reached an agreement to buy Olaplex in a $1.4 billion cash transaction aimed at expanding the German group's premium hair care offerings. The $2.06-per-share offer represents a substantial premium to recent trading levels, and follows Olaplex reporting $423 million in sales in 2025. Advent International is selling its stake, which amount…
Indonesia's IDX Composite Index closed down 1.69% after losses concentrated in the Infrastructure, Financials and Agriculture sectors. Market breadth was negative, with decliners outnumbering advancers by a wide margin. Several small-cap shares posted large intraday swings while global commodity and currency moves accompanied the session.
Uber Technologies, Chinese autonomous driving firm Pony.ai and Croatian startup Verne have formed a partnership to introduce the first commercial robotaxi service in Europe, beginning operations in Zagreb. Pony.ai will provide the driving technology, Verne will own and operate the fleet, and Uber will integrate the service into its global ride-hail…
European equity benchmarks opened lower as investors reacted to evolving reports that Tehran is reviewing a 15-point U.S. peace proposal, while conflicting public statements from U.S. and Iranian officials and sustained oil market disruptions kept risk appetite muted. Elevated crude prices and comments from the European Central Bank about the possi…
Porsche SE posted adjusted after-tax earnings of €2.9 billion for fiscal 2025, a decline of about 9% from the prior year. The holding company said net debt eased slightly to €5.1 billion and that gains from smaller portfolio stakes generated €193 million, helping to mitigate pressure from wider automotive costs. Management signalled diversification…
KSB recorded a 2.3% year-over-year increase in sales for 2025, pushing revenues past €3 billion. The company's EBIT climbed 3.2% to €252.1 million, lifting the margin to 8.3%. Management has proposed a €26.50 dividend per ordinary share. Growth was driven by the Pumps segment, notably the Water Market, while currency translation effects and higher …
Playtech reported a 10% year-on-year fall in revenue for fiscal year 2025, with adjusted EBITDA down 37% and results missing analyst expectations. The company completed the Snaitech disposal and paid a €1.8 billion special dividend. A restructured agreement with Caliente Interactive shifted revenue from B2B to investment income, while US revenue ne…
Oxford BioMedica reported preliminary 2025 revenue of £168.70 million, up 33% year-on-year and ahead of a consensus £166.22 million from eight analysts. The company delivered positive operating EBITDA of £2.30 million despite a full-year operating loss of £22.50 million. Revenue gains were driven by increased GMP lentiviral vector manufacturing, ri…
Tribal Group reported preliminary results for fiscal 2025 showing a 4% rise in revenue to £92.5 million and an 8% increase in adjusted EBITDA to £17.5 million. The company attributed the improvement to stronger recurring income from cloud and subscription offerings, including the roll-out of its HEFS subscription model, which helped lift annual rec…
