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.
9,679 total articles
Freeport-McMoRan is set to start the environmental permitting process for a $7.5 billion enlargement of the El Abra copper mine in Chile, a joint venture with state-owned Codelco. The company previously announced the project in mid-2024 after years of postponement and expects formal permit filings to begin between late 2025 and early 2026. The scop…
On March 19 Accenture warned that quarterly revenue would come in below analyst estimates as customers hold back on large IT transformation spending amid economic uncertainty. The company flagged a modest hit to fiscal 2026 revenue from a slowdown in its federal business and said its guidance incorporates potential effects from the conflict in the …
China Natural Resources, Inc. saw its Nasdaq-listed shares climb about 30% after announcing a non-binding letter of intent to acquire a majority interest in HooRii Technology (HK) Limited through the purchase of a Feishang Group Limited subsidiary that holds 59.79% of HooRii. The proposed deal, valued at $37 million to $40 million in a mix of cash …
Ferrari NV has temporarily stopped most shipments to the Middle East, citing regional developments. The announcement coincided with a notable drop in its shares in both Italy and the U.S., and the company said it is monitoring potential business implications while arranging limited air deliveries where possible.
Futures tied to the major U.S. equity benchmarks ticked lower after a fresh round of assaults on energy infrastructure in the Middle East sent global oil and gas prices sharply higher. The moves come amid signs of persistent inflationary pressure in U.S. data and a Federal Reserve decision that left interest rates unchanged while leaving the door o…
Goldman Sachs updated its coverage of U.S. Majors and Canadian Oils in light of recent disruptions in the Middle East, highlighting five companies it views as presenting attractive risk-reward when Brent crude trades near $70-$75 per barrel. The bank raised price targets and emphasized free cash flow growth, capital returns and operational executio…
Shares of Accor SA plunged to levels not seen since October 2019 after short-seller Grizzly Research released a report alleging that numerous hotels operating under Accor brands were willing to facilitate the transfer and accommodation of children from Russian-occupied regions of Ukraine. The report, which followed undercover email inquiries to hun…
Japan and the United States will issue a joint statement outlining a planned strategic deployment of $73 billion into U.S. energy projects, with funds earmarked for small modular reactors and gas-fired generation. Japan’s Ministry of Economy, Trade and Industry reaffirmed nuclear power’s central role for decarbonization and energy security, and out…
Indian equity markets suffered steep losses, with the Nifty 50 tumbling 3.26% and the Sensex mirroring the decline, following the abrupt departure of the HDFC Bank chairman and a surge in crude oil after attacks on Middle East energy facilities. The move raises concerns over inflation, growth and the current account given India’s heavy dependence o…
JPMorgan has reduced its year-end 2026 S&P 500 target from 7,500 to 7,200, warning that markets are downplaying risks tied to the Middle East conflict, a sharp rise in oil prices and investor complacency. The bank highlights record oil supply shut-ins, persistent high leverage, and the prospect that prolonged energy disruption could depress GDP, de…
India's major benchmarks closed lower on Thursday, with the Nifty 50 sliding 3.26% to a fresh six-month low and the BSE Sensex 30 falling 3.26%. Losses were broad-based, led by Auto, Real Estate and Consumer Durables sectors, while defensive energy names provided some relief. Volatility jumped and select financials hit 52-week lows.
Shares of Italian tower operator Inwit tumbled to a fresh 52-week low on Thursday following an announcement from Swisscom that its Italian units had reached a non-binding agreement with Telecom Italia to form a joint venture to build and manage up to 6,000 new tower sites in Italy. The move prompted heavy selling as analysts flagged potential reven…
Airbus has intensified a legal dispute with Pratt & Whitney, the engine unit of RTX, by pursuing potential damages for late engine shipments and alleged shortfalls in allocations to airplane factories. The clash, tied to inspection and repair backlogs after a manufacturing problem, has constrained production of A320neo-family jets, forced Airbus to…
A South Korean report says Samsung Electronics has plans to deliver next-generation HBM4 memory to OpenAI to support the ChatGPT maker’s first internally designed AI processor. The chips are expected to be produced in large volumes in the second half of this year and to be paired with a custom Broadcom-designed processor due to be manufactured at T…
Barclays reduced its rating on AkzoNobel from Overweight to Equal Weight and trimmed its price target by 32% to €47 from €69. The downgrade reflects persistent pricing lags tied to backward-looking raw material indices, a regional footprint that limits repricing, and balance-sheet risks connected to a proposed merger with Axalta Coating Systems. Ba…
Gulf states have formally requested an urgent debate at the United Nations Human Rights Council in Geneva, citing ballistic missile and drone strikes by Iran on civilian and energy infrastructure across multiple Gulf countries. The diplomatic submission labels the attacks a major threat to international peace and security and seeks immediate action…
Micron reported another quarter of outsized profitability driven by surging demand for high-end memory used in AI systems, and it issued revenue guidance that outpaced analyst expectations. Yet the company’s announcement of substantially larger capital expenditures for 2026 and a further rise in spending in 2027 weighed on investor sentiment, sendi…
Senator Elizabeth Warren has asked Kevin Warsh, President Trump’s nominee to succeed Jerome Powell as Federal Reserve chair, to detail any interactions with the late convicted sex offender Jeffrey Epstein and associates after Warsh’s name appeared in government-released documents. Warren requested written answers by March 31 to eight specific quest…
Goldman Sachs downgraded Repsol from Buy to Neutral after the Spanish oil company jumped 27% since Feb. 27, leaving only about 3% upside to the bank's revised €25 price target. The move follows broad increases to oil price and earnings assumptions across Goldman Sachs' European oil coverage, while the bank cautioned about potential repeat windfall …
British equities fell on Thursday as investors awaited the Bank of England's policy decision, with steady unemployment and slower wage growth coinciding with a sharp rise in oil prices. Brent crude climbed to about $114 a barrel amid renewed Middle East hostilities, while major European markets also weakened and central bank remarks signaled contin…
Indonesian equities closed higher on Thursday with the IDX Composite Index up 1.20%. Strength in Infrastructure, Financials and Agriculture names underpinned the session, while several small-cap listings posted double-digit moves in both directions. Commodity and currency markets showed mixed action, with Brent crude and US dollar futures edging hi…
Tesla CEO Elon Musk said the company may complete the final design - or 'tape out' - of its next-generation AI6 chips in December, a step that would enable factory production. Samsung Electronics is slated to manufacture the chips using its advanced 2-nanometer process, with the Korean firm indicating production is planned for the second half of 20…
European equities fell sharply as renewed conflict in the Middle East reduced risk appetite and investors awaited the European Central Bank's policy decision. The STOXX 600 dropped 1.3% to 590.43 by 0809 GMT, with industrials the largest detractor. Miners slid amid a pullback in gold, heavyweight financial sector losses pressured the index, and Lon…
Central Asia Metals reported 2025 revenue of $229.90 million, exceeding the $224.92 million consensus from five analysts, while recording a net loss after a $117.8 million impairment at its Sasa mine. The company delivered $56 million of adjusted free cash flow and $101.80 million of EBITDA, a 44% margin. Steady copper production and low operating …
Eurocell reported a 13% year-on-year increase in preliminary 2025 revenue, driven primarily by the March 2025 acquisition of Alunet. Adjusted operating profit rose 6% for the year, while adjusted pretax profit fell 5% to £19 million due to higher finance costs. Organic volumes declined 2% as the repair, maintenance and improvement (RMI) segment rem…
