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.
9,128 total articles
Kepler Cheuvreux lowered Kongsberg Gruppen to Reduce from Hold despite lifting its price target, arguing the stock’s rally and multiple expansion have outpaced the company’s underlying fundamentals. The broker raised its target to 337 Norwegian crowns from 252 crowns even as it acknowledged robust operational performance, strong margins, and an exp…
Barclays analysts said last week’s sharp drop in software stocks reflected investors 'rendering judgment' on winners and losers in the artificial intelligence race, but did not signal a durable shift away from risk assets. The bank’s team noted the overall U.S. economic landscape 'has not worsened' and that developments in AI - 'in good ways and ba…
A month-long survey of UK recruiters found starting salaries rose at their fastest pace in almost 18 months in January, while temporary pay also climbed sharply. The results point to intensifying competition for hard-to-fill roles despite an overall moderation in hiring activity and falling vacancies.
Morgan Stanley says recent declines in software valuations present buying opportunities in nine major software names. Analyst Keith Weiss wrote that "peak uncertainty has severely impacted Software multiples," with an approximate 33% decline since October 2025 and an average multiple near "~4.4X EV/Sales." The firm highlighted Microsoft, Intuit, Sa…
Freedom Holding, the Kazakhstan-headquartered financial services group, is exploring a secondary public offering in Hong Kong to support its expansion beyond Central Asia. CEO Timur Turlov said the company, which is listed on NASDAQ, plans to pursue either acquisitions or founding banks in Turkey and continental Europe and is likely to open a branc…
Italian brake specialist Brembo and Chinese automaker JAC Group formalized a strategic partnership on February 5 to deepen cooperation on future vehicle platforms, with an emphasis on the Chinese market. The agreement focuses on enhancing braking technologies and creating advanced software solutions to support increasingly connected and autonomous …
Apollo Global Management reported a 13% increase in adjusted net income for the fourth quarter, driven by substantial origination of loans and other investments and significant client inflows. Fee-related earnings climbed strongly, while growth in equity fees lagged credit. The firm pushed assets under management to $938 billion and reiterated ambi…
British Prime Minister Keir Starmer has lost his communications director, Tim Allan, who stepped down on Monday. Allan's resignation follows the departure of Starmer's senior aide Morgan McSweeney the previous day, both exits linked to controversy around the Prime Minister's selection of Peter Mandelson as ambassador to the United States. Allan sai…
Imec has inaugurated NanoIC, a 2.5 billion euro pilot semiconductor line in Belgium designed to support development of ultra-advanced chips under the European Chips Act. The facility will host ASML’s High NA EUV system and is built as a shared research platform to enable prototyping of beyond-2nm process steps before companies commit to commercial-…
U.S. software and services equities tumbled last week, driven in part by concerns around new AI capabilities and a legal tool tied to a major language model. The sector has lagged the S&P 500 by nearly 24 percentage points over three months, pushing volatility and short interest sharply higher and prompting a rotation into value and cyclical sector…
Shares of STMicroelectronics NV (EPA:STMPA) rose more than 6% after the company unveiled an expanded strategic partnership with Amazon Web Services that makes it a key supplier for AWS’s next-generation compute infrastructure. The pact includes warrants for AWS to acquire up to 24.8 million ordinary shares, exercisable over seven years at an initia…
Eni and CDP Venture Capital have jointly invested more than €500,000 in EXE Engineering, according to a statement. The capital is intended to speed the startup's development roadmap and support the expansion of its projects into new operating contexts. Neither investor disclosed specific terms or ownership stakes.
Alibaba halted the issuance of shopping coupons through its Qwen chatbot after overwhelming demand caused system strain. The coupon push was the opening phase of a 3 billion yuan campaign to drive engagement over the Spring Festival holiday. Alibaba said 10 million orders were submitted in the first nine hours and asked users to moderate activity w…
Hims & Hers Health shares fell sharply in premarket trading after the company announced it would cease sales of a newly introduced $49 compounded GLP-1 weight-loss pill following regulatory threats from the U.S. Food and Drug Administration. The product had been launched days earlier and briefly pressured major weight-loss drugmakers' stocks before…
DSM-Firmenich announced the sale of its Animal Nutrition & Health (ANH) division to private equity firm CVC for an enterprise value of €2.2 billion, keeping a 20% stake and unveiling a €500 million share buyback. The confirmation prompted a more than 5% fall in the company's share price as investors judged the capital return modest and raised quest…
On Feb. 7 President Donald Trump publicly endorsed Nexstar Media's proposed $3.54 billion purchase of Tegna, saying larger local station groups could provide stronger competition to what he called 'the Fake News National TV Networks.' The merger requires a change to the FCC's local ownership cap and faces regulatory scrutiny ahead of a Senate Comme…
Kroger's shares climbed roughly 6% in premarket trade after reports indicated the company has chosen Greg Foran, a former Walmart U.S. chief and ex-Air New Zealand CEO, to become its next chief executive. The move comes about a year after Rodney McMullen was removed following a board probe into his personal conduct. The appointment could be announc…
DBS Group has raised its ownership in Shenzhen Rural Commercial Bank (SRCB) from 19.40% to 19.90% by acquiring 52.2 million shares at 5.94 yuan apiece, a deal valued at 310 million yuan ($44.78 million). The transaction was disclosed the same day DBS published fourth-quarter results showing a 10% fall in profits, which the bank attributed to a redu…
Tegna Inc. stock climbed roughly 5% in premarket trading after U.S. President Donald Trump publicly endorsed Nexstar Media Group's proposed acquisition of Tegna. Nexstar's suggested $3.54 billion purchase, announced last year, would create the largest regional television station operator in the United States if regulators approve the deal. Regulato…
Wall Street futures were largely unchanged on Monday as traders paused following a week of tech-driven losses. Market participants are waiting for crucial U.S. economic reports and more signals from Fed officials about the timing of rate cuts, while scrutiny of the AI trade intensifies ahead of major semiconductor earnings.
British manager Schroders and U.S. private equity firm Apollo have formed a strategic partnership to develop wealth and retirement investment products that integrate public and private fixed income. The firms said they will launch an initial product later this year and intend to introduce a Collective Investment Trust in the United States during th…
A divided 5th U.S. Circuit Court of Appeals panel in New Orleans has affirmed a Trump administration policy that requires mandatory detention of certain non-citizens without bond. The decision, the first at the appeals level to support the administration’s interpretation, maintains that non-citizens already present in the United States can be class…
NEC Corporation's board has authorized a share buyback program capped at ¥30 billion, equivalent to roughly 0.51% of its outstanding shares (excluding treasury stock). The company will repurchase up to 6.8 million common shares through open-market transactions on the Tokyo Stock Exchange between February 10, 2026 and March 31, 2026, using a discret…
The European Commission has informed Meta Platforms Inc (NASDAQ:META) that it may impose interim measures compelling WhatsApp to allow rival AI assistants access to the messaging app. In a Statement of Objections sent on Monday, the Commission outlined its preliminary view that Meta abused a dominant market position by amending its WhatsApp Busines…
U.S. seaports handled 6.8% fewer container imports in January compared with the same month a year earlier, driven in part by the absence of the frontloading surge that pushed imports to a record high in the prior year as companies sought to avoid tariffs. Descartes Systems Group reported the total January volume at 2,318,722 TEUs, above the histori…
