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.
9,220 total articles
BNP Paribas has outlined a plan for its asset management arm to lift pre-tax profit from a 2025 pro-forma base of €820 million to about €1.5 billion by 2030, implying roughly 13% compound annual growth. Analysts note the target falls short of consensus estimates once recently removed businesses are excluded from the base. The plan relies on net inf…
European share indexes struggled to find a clear trajectory at the opening of trade on Tuesday as crude prices climbed after several U.S. partners said they would not participate in efforts to reopen the Strait of Hormuz. The move coincided with continued regional tensions following recent strikes, disruptions to container shipping and mounting con…
Nordea Bank Abp will record a €190 million restructuring cost in the first quarter of 2026 linked to its 2030 strategy. The moves focus on altering workforce composition, are expected to impact about 1,500 employees across 2026 and 2027, and aim to deliver at least €150 million in annual cost savings from full year 2028. Technology, data and AI are…
Operations at the Shah gas field remained suspended after a drone attack, while a separate assault ignited a fire at Fujairah port and prompted ADNOC to halt oil loading. The combined disruptions risk cutting off the United Arab Emirates' remaining crude export channel amid broader regional closures of the Strait of Hormuz, reducing domestic gas su…
At Nvidia’s GPU Technology Conference, Samsung introduced its sixth-generation HBM4 memory chips optimized for Nvidia’s Vera Rubin platform, reporting operational speeds of 11.7 Gbps with headroom toward 13 Gbps. The firm also promoted an enhanced HBM4E chip running at 16 Gbps and reiterated its role across memory, logic, foundry and advanced packa…
Primary Health Properties increased its fully covered dividend per share by 3% for the year 2025 while reporting a 4% drop in net asset value to 99 pence. The £6 billion healthcare real estate investment trust posted modestly higher earnings per share, expanded contracted rent roll with a high proportion of government-backed income, and reported su…
Vistry Group PLC has named Rob Woodward CBE as its next non-executive chair, with the role to take effect at the conclusion of the company's annual general meeting on May 13, 2026. The move follows the decision by Greg Fitzgerald to step down as executive chair at the AGM and to retire as chief executive, though Fitzgerald will remain in the CEO ro…
Lufthansa CEO Carsten Spohr told Manager Magazin that the war in Iran increases risks for Gulf carrier hubs and could reduce the dominance of airlines such as Emirates and Qatar Airways on routes to Asia. He said the conflict undermines momentum to grant additional slots to Gulf carriers at German airports and emphasized concerns about Europe becom…
Lufthansa's chief executive, Carsten Spohr, told Manager Magazin that the war in Iran raises new risks for Gulf-based airline hubs and could reduce the dominance of carriers such as Emirates and Qatar Airways on routes to Asia. He said the conflict also complicates recent talks about allocating additional take-off and landing slots at German airpor…
Japan's equity market finished lower on Tuesday, with the Nikkei 225 slipping 0.22% as losses concentrated in Paper & Pulp, Transport and Communication sectors. Market breadth was positive but several large-cap electrical and semiconductor-related names recorded notable declines. Energy and precious metals futures edged higher while the yen weakene…
Sartorius AG and its listed subsidiary, Sartorius Stedim Biotech, published formal mid-term targets that commit both companies to sustained organic revenue growth and annual underlying EBITDA margin expansion beginning in 2027. The guidance reflects expectations of continued biopharma-led demand, divergent division-level pacing, and caution around …
Google has begun discussions with Chinese companies, among them Envicool (SZ:002837), to acquire liquid cooling equipment for its data centres. The outreach follows a recent visit by a Google procurement team from Taiwan to China and highlights strain across supply chains for components supporting high-density AI workloads. Industry estimates point…
Goldman Sachs has lifted 12-month price targets for CNOOC and PetroChina, underscoring their low-cost production positions and capacity to generate strong free cash flow. The bank says its revised valuation approach places more weight on companies' positions on the global cost curve and their ability to deliver cash even in lower oil price scenario…
Tesla and LG Energy Solution will invest $4.3 billion to build a lithium iron phosphate (LFP) prismatic battery cell plant in Lansing, Michigan, with production slated to begin in 2027. The cells are intended for Tesla's Megapack 3 energy storage systems produced in Houston. The announcement was made alongside a set of energy and infrastructure agr…
A Google procurement delegation from its Taiwan operations has held meetings in China with Envicool and plans to meet additional local suppliers as the company explores liquid cooling systems for AI data centres. The visits reflect constrained parts availability for high-density cooling solutions and the rising role of Chinese manufacturers in the …
Taiwan's equity market closed lower on Tuesday, with the Taiwan Weighted index retreating 0.54% as losses in the Biotech & Medical Care and Transport sectors dragged the benchmark down. Several small-cap names recorded double-digit gains, and a handful of larger issues posted steep losses. Commodity prices climbed and currency moves were modest.
Australian equities closed higher on Tuesday, driven by advances in the Gold, Metals & Mining and Materials sectors. The S&P/ASX 200 finished up 0.36%, with Telix Pharmaceuticals, Westgold Resources and Genesis Minerals among the top performers. Retail and coal-linked names underperformed, while volatility eased and commodities prices moved higher.
Foxconn (Hon Hai Precision) saw its shares decline after reporting a 2% fall in quarterly profit that missed expectations, even as the company posted record fourth-quarter revenue driven by AI-related demand. The profit drop reflected softer margins and a higher tax burden. Management projected strong revenue growth for the first quarter and full y…
The U.S. government said Tesla and South Korea’s LG Energy Solution have signed an agreement to construct a $4.3 billion lithium iron phosphate (LFP) prismatic battery cell production facility in Lansing, Michigan, with production expected to begin in 2027. The Department of the Interior said American-made cells will power Tesla’s Megapack 3 energy…
Nissan will cut production by roughly 1,200 vehicles this month at its Kyushu factory as exports to the Middle East have been disrupted by constrained shipping routes amid regional tensions. The automaker will prioritize storage capacity by scaling back models not bound for the region, while Patrol production at a neighboring plant remains unchange…
JPMorgan Chase has recruited Yi Zhang from Goldman Sachs to serve as co-head of China investment banking, joining Michelle Wang later this summer. The move is part of a broader hiring push across JPMorgan's Asia investment banking franchise amid rising initial public offering activity in Hong Kong and robust M&A in Japan and Australia. David Lau wi…
Most Asian equity markets rose Tuesday, led by technology and semiconductor stocks after a strong finish on Wall Street driven by Nvidia’s developer conference. Gains were capped as investors continued to track escalating tensions in the Middle East and awaited a slate of central bank decisions including the Reserve Bank of Australia, the Federal R…
Shares of Samsung Electronics jumped after Nvidia's CEO stated that the chipmaker is producing Nvidia’s new AI inference processor, based on technology from Groq. The chips are reported to be in production at Samsung and are slated for shipment in the second half of the year. Samsung also displayed the chips made on its 4-nanometer process at Nvidi…
WeRide unveiled its next-generation Robotaxi GXR, built on Nvidia's DRIVE Hyperion hardware and the DRIVE AGX Thor system-on-chip. The company says the integrated platform and its new HPC 3.0 computing unit will sharply lower autonomous system costs and total cost of ownership. Trials with Grab in Singapore's Punggol district are underway, with pub…
SK Hynix Chairman Chey Tae-won said the acute shortage of memory chips, driven by exceptional AI-related demand for high-bandwidth memory (HBM), is likely to continue through 2030. Speaking on the sidelines of NVIDIA's GTC conference in San Jose, Chey said the company needs at least four to five years to expand wafer capacity, and that SK Hynix is …
