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.
8,955 total articles
Morgan Stanley has singled out a set of Australian materials companies it considers well placed to benefit from production expansion, supply chain shifts and supportive commodity dynamics. The bank’s selection emphasizes firms with strong cash flow potential, projects that can increase output, and exposure to key commodities such as base metals, ra…
Japan's equity market finished higher on Thursday, with the Nikkei 225 up 0.41% at the close. Strength in Real Estate, Banking and Textile sectors supported the advance. NEC Corp., Recruit Holdings and M3 led gains, while Taiyo Yuden, Sumitomo Electric and Takashimaya were the session's largest decliners. Market breadth favored rising issues and im…
Rakuten Bank shares dropped sharply to a near one-month low after Rakuten Inc said it would resume internal talks to combine its fintech businesses. The proposed merger would fold Rakuten Bank, Rakuten Card and Rakuten Securities into a single group. The move has reignited concerns about conflicts between the parent company and minority shareholder…
BlueScope Steel rejected a revised takeover proposal from U.S. steelmaker Steel Dynamics and Australian conglomerate SGH, saying the improved offer does not meet the board's threshold for a recommendation to shareholders. The bidders had recently increased their bid to value BlueScope's equity at about $11 billion and stated they would not raise th…
The Taiwan stock market ended Thursday with the Taiwan Weighted index up 2.75%, reaching a fresh all-time high. Gains were concentrated in Glass, Plastic and Electronic Parts/Components stocks, with several individual issues posting double-digit percentage moves. Commodity and currency markets showed modest shifts alongside the equity advance.
ENGIE has agreed to acquire 100% of UK Power Networks for an equity consideration of £10.5 billion, valuing the business at an enterprise level of £15.8 billion. The deal - which ENGIE says will be accretive from the first full year after completion - is conditioned on regulatory clearances and shareholder approvals and is expected to close in mid-…
Australian shares finished higher on Thursday, with the S&P/ASX 200 advancing 0.51% to reach a fresh all-time high. Information technology, consumer staples and telecoms services led the market, while individual large-cap stocks saw pronounced moves in both directions. Trading breadth was modestly positive, and volatility and commodity benchmarks s…
Asian equity markets diverged on Thursday as Japan and South Korea posted record highs while other regional bourses paused or retreated. Japanese indexes rose after doubts mounted about further Bank of Japan rate hikes, and South Korea's KOSPI rallied over 2% to a record, propelled by Nvidia-related enthusiasm for local chip suppliers. Broader Asia…
Toyota Motor Corp is preparing to enable a large-scale divestment of cross-held shares by banks and insurance companies that could total roughly 3 trillion yen ($19 billion). The process may start as soon as this year, though the exact timing and amount remain subject to investor demand and internal review. Toyota is considering options that includ…
The University of California sold approximately $2 billion in general revenue municipal bonds as the institution faces legal action from the U.S. administration alleging discrimination at UCLA and broader federal efforts to limit funding over campus protests and policies. University officials characterized the offering as part of routine financing …
OpenAI has added Ruomin Pang to its team, a researcher who most recently worked at Meta Platforms (META) and previously led Apple's AI models group. Pang joined Meta roughly seven months ago after spending at least four years at Apple on the Foundation Model effort. The reported hiring could not be immediately verified. The move comes amid aggressi…
Amazon is negotiating a funding package that could total up to $50 billion for OpenAI, with an immediate commitment of $15 billion and a further $35 billion dependent on OpenAI either pursuing a public offering or achieving an artificial general intelligence milestone. The potential investment is part of a broader capital-raising effort by OpenAI t…
Shares of Samsung Electronics and SK Hynix climbed to record levels following Nvidia's stronger-than-expected quarterly results and guidance, which signaled sustained AI-driven demand for advanced chips. The gains helped push South Korea's KOSPI to a record high, while corporate moves by both suppliers reinforced investor optimism.
OpenAI has added Ruoming Pang, a senior AI researcher who briefly moved to Meta from Apple, to its ranks. Pang, who led AI infrastructure for Meta's Superintelligence Labs, left Meta last week after months of recruitment by OpenAI. Reports indicate his compensation at Meta when he joined was valued at more than $200 million over several years.
Toyota is planning a significant reduction of strategic cross-shareholdings that would involve banks and insurance firms selling about 3 trillion yen of Toyota shares, roughly $19 billion. The company is considering buybacks and possibly a secondary sale to outside investors. Timing and scale remain contingent on shareholder willingness and could c…
Japan’s Nikkei 225 reached an all-time high on Thursday, crossing the 59,000 mark as investors pared back expectations for additional Bank of Japan rate increases. Gains were supported by strength in the technology sector after robust results from Nvidia, although some Japanese chipmakers underperformed.
The Bank of Korea kept its key interest rate at 2.50% on Thursday, citing room to assess policy after signs of economic resilience and softer inflation. The central bank raised its 2026 growth projection to 2.0% from 1.8% and pointed to an AI-fueled chip upswing by Samsung Electronics and SK Hynix as a support for faster growth this year versus las…
Asian equities rose after Nvidia projected first-quarter revenue above estimates, easing investor concerns about AI-driven spending and cost pressures. The yen remained weak as markets reassessed the Bank of Japan’s policy outlook following surprise nominations, while oil prices held firm amid U.S.-Iran tensions ahead of fresh talks.
TRG Latin America Acquisitions Corp. completed a $200 million initial public offering by selling 20 million units at $10.00 apiece. Units will begin trading on the Nasdaq on February 26, 2026; the offering is scheduled to close on February 27, 2026, subject to customary conditions. Management and board appointments are in place as the Cayman Island…
U.S. stock index futures dipped on Wednesday evening after Nvidia unwound much of its after-hours gains despite reporting strong quarterly results. Investors also weighed geopolitical uncertainty ahead of renewed U.S.-Iran nuclear negotiations in Geneva, while Salesforce shares fell on weaker-than-expected fiscal 2027 revenue guidance.
TRG Latin America Acquisitions Corp. priced its initial public offering at $10.00 per unit, selling 20 million units and raising $200 million. Units began trading on the Nasdaq on February 26, 2026. Each unit contains one Class A ordinary share and a right to one-tenth of a Class A share upon completion of an initial business combination. The compa…
BlueScope Steel said on Thursday it has formally responded to a A$15 billion revised takeover proposal from a consortium led by SGH Ltd and Steel Dynamics, arguing the A$34.00 headline price - which includes A$1.65 of already-announced dividends - does not reflect its valuation. The company highlighted how planned dividend distributions and timing …
A Senate Commerce Committee amendment under consideration would delay the planned retirement of the International Space Station from 2030 to 2032 and add a statutory requirement that NASA construct a lunar surface base as part of Artemis. The measures, supported on a bipartisan basis by committee leaders, are framed around growing geopolitical comp…
APEX Tech Acquisition Inc. priced an initial public offering of 10 million units at $10.00 per unit, raising $100 million. Each unit includes one ordinary share and one right to receive one-fourth of an ordinary share upon completion of a business combination. The units will start trading on the New York Stock Exchange under ticker TRADU on Februar…
Qantas reported a rise in first-half underlying profit, driven by robust domestic travel, operational improvements and the integration of newer aircraft into its fleet. The airline posted A$1.46 billion in underlying profit before tax for the six months ended Dec. 31, up A$71 million year-on-year, and a statutory profit after tax of A$925 million. …
