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.
9,225 total articles
Volkswagen said winter tests of the first vehicles using the software developed with U.S. electric vehicle maker Rivian were successfully completed, a milestone that brings Rivian closer to its next tranche of funding under the partnership. The joint venture aims to deliver a shared software platform for Volkswagen’s core brand, the U.S. Scout pick…
Deutsche Bank lowered its recommendation on Boliden AB to 'hold' from 'buy' and reduced its price target to SEK580 from SEK680 following a rock fall at the Garpenberg mine that suggests a longer disruption than investors had anticipated. The bank's analyst said the company update and conference call indicate more substantial damage, extending the p…
Indonesia's IDX Composite Index ended the session down 1.10% as losses in the Infrastructure, Financials and Agriculture sectors outweighed gains among several smaller-cap names. Market breadth favored decliners, with 440 stocks falling and 251 rising. Commodities and the U.S. dollar registered gains alongside the equity pullback.
European equity indexes traded with little net movement as markets digested U.S. President Donald Trump’s announcement that he was extending a deadline for possible air strikes on Iranian power plants. Oil prices held at elevated levels amid continued closure of the Strait of Hormuz to tanker traffic and renewed regional military exchanges, sustain…
Barclays upgraded Derwent London from Underweight to Equal Weight and lifted its 12-month price target to 1,740p, citing a management pivot toward earnings delivery and capital recycling following FY25 results. The broker forecasts an earnings trough in FY26 followed by recovery, underpinned by disposals, a buyback, development completions and rent…
JPMorgan is urging investors to consider buying into the recent weakness across European defence equities, saying the selloff presents a favourable buying window. Analyst David Perry points to elevated geopolitical risks, expanding order books and conservative leverage guidance at Czech armoured vehicle maker CSG as reasons the sector - and CSG in …
Energy-related equities led March performance, but gains were concentrated among less-obvious names identified by an AI-driven stock selection framework. Premium subscribers who followed the model captured sizable returns in several oil and oil-infrastructure companies. The AI strategy, which refreshes monthly, will publish its next slate of up to …
Deutsche Bank upgraded Pernod Ricard SA (EPA:PERP) from sell to hold and cut its target price to €65 from €74. The stock was last quoted at €59.94. Since the bank's prior downgrade on 23 February, Pernod Ricard's shares have fallen 24%, trailing European Staples by 24% and the STOXX index by 34%. Brown-Forman has confirmed ongoing discussions with …
Morgan Stanley identified its top four picks in Japan's construction sector and kept Overweight ratings on three of the four names as the industry heads into full-year earnings and fiscal 2027 guidance season. The bank described the sector as Attractive on the back of steady demand for factories, data centers and redevelopment work, but expects com…
Jefferies has downgraded Future Plc from buy to hold and reduced its price target to 466p from 1,220p, flagging significant downside risks from the emergence of Agentic AI and a slower-than-expected pivot to New Media formats. The broker cut near- and medium-term revenue and adjusted EBITDA forecasts and highlighted potential margin pressure in aff…
Tokyo's benchmark slipped modestly at Friday's close, with losses concentrated in the Paper & Pulp, Transport and Communication sectors. The Nikkei 225 ended down 0.08%, while volatility measures and select commodity and currency benchmarks moved noticeably during the session. Individual large-cap stocks showed divergent performance, with several n…
China's main association for science and technology professionals has announced it will no longer support members to attend the Conference on Neural Information Processing Systems (NeurIPS) after the event's California-based organisers implemented a policy barring submissions from entities under U.S. sanctions. The move removes a key channel for Ch…
Customer tests of Huawei’s 950PR artificial intelligence processor have reportedly gone well, prompting technology giants including ByteDance and Alibaba to plan orders. The 950PR is said to be more compatible with Nvidia’s CUDA software and tuned for inference workloads. Huawei aims to ship roughly 750,000 units this year, with samples already dis…
Jefferies upgraded Mony Group to buy and lifted its price target to 230 pence from 205 pence, citing reduced risk from AI disruption and an attractive dividend yield. The new target implies roughly 51% upside from the stock's last close of 152.40 pence and a 12-month total return of about 61% including dividends. The broker's view rests on the resi…
Public procurement documents indicate that four Chinese universities, including two institutions linked to the People’s Liberation Army, acquired Super Micro Computer systems configured with Nvidia A100 chips during the past year. The purchases come amid longstanding U.S. export restrictions on certain high-performance AI accelerators and an ongoin…
European insurance stocks have shown relative resilience since the Iran War began on Feb. 27, falling 7% versus a 9% drop for the Stoxx Europe 600 and an 11% slide for European banks. Analysts point to the non-discretionary nature of insurance demand, robust opening balance sheets and the industry’s capacity to re-price amid rising inflation as key…
Taiwan's main market closed higher on Friday, led by advances in Electronic Parts/Components, Glass and Communication and Internet sectors. The Taiwan Weighted index climbed 2.54% as several individual stocks posted double-digit percentage moves, while commodity and currency markets registered modest shifts.
Australian equities closed lower on Friday, with the S&P/ASX 200 finishing down 0.11% in Sydney trading. Gains in several individual stocks were offset by broader losses in the Gold, IT and A-REITs sectors. Market breadth favored decliners, while implied volatility eased and commodity prices presented mixed signals.
Nomura upgraded PDD Holdings (NASDAQ:PDD) to Buy from Neutral, keeping its $136.0 target and pointing to an attractive valuation and steady recovery in overseas operations led by the Temu marketplace. The firm highlighted PDD’s 2026 forward P/E of 8.6 and noted a divergence between a slowing Chinese e-commerce segment and improving international tr…
South Korean equities sank further Friday, pushing the KOSPI to its weakest level since March 9 as major memory-chip producers dropped sharply. The selloff followed steep declines in U.S. memory names and fresh concerns that Google's newly unveiled TurboQuant compression algorithm could materially reduce AI working memory requirements, potentially …
Asian equity markets traded mostly lower as markets balanced temporary relief from delayed U.S. strikes on Iranian infrastructure against ongoing regional hostilities and fresh concerns about long-term AI demand for memory chips. South Korea's KOSPI was the weakest market after steep losses among memory chip makers, while other major bourses regist…
A U.S. district judge has issued a temporary block preventing the Pentagon from enforcing a national security designation that would have barred Anthropic from federal contracts. The ruling - handed down on Thursday by Judge Rita Lin - flagged concerns that the administration's action may have been intended to penalize the company for its public st…
The U.S. Federal Maritime Commission is monitoring an unusual rise in detentions of Panama-registered vessels in China following a Panamanian court decision that voided the 1997 concession allowing CK Hutchison to operate key Panama Canal terminals. Panama has named Maersk APM Terminals and MSC’s Terminal Investment Limited as interim operators, wh…
U.S. equity futures edged higher late Thursday after President Donald Trump extended a conditional deadline to strike Iran's energy infrastructure, offering a momentary lift to risk assets. Gains were pared after a report that the Pentagon is weighing the deployment of 10,000 additional troops to the Middle East, while a rebound in oil and heavy te…
Two senior officials from the Donald Trump administration told reporters on Thursday that Semiconductor Manufacturing International Corp (SMIC) supplied chipmaking tools to Iran’s military beginning about a year ago, and there was no sign the transfers had stopped. One official said the cooperation likely involved technical training. It remains unc…
