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.
9,289 total articles
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…
David Sacks said he is stepping down from his White House role as artificial intelligence and crypto czar after reaching the limit on special government employee service. He will join President Donald Trump’s Council of Advisors on Science and Technology as a co-chair, a role he said will let him weigh in on a wider set of technology matters beyond…
President Trump announced he will sign an executive order instructing the Secretary of Homeland Security, Markwayne Mullin, to ensure Transportation Security Administration employees are paid, a move framed as addressing an "emergency situation" tied to airport security lapses and rising travel demand. The action comes as Senate negotiations over D…
Two senior U.S. officials told the U.S. government has information that Semiconductor Manufacturing International Corp. (SMIC) shipped chipmaking equipment to elements of Iran’s military beginning about a year ago, and that the assistance likely included technical training. The officials, speaking anonymously, said there is no reason to believe the…
Brown-Forman (NYSE:BFa) and Pernod Ricard (EPA:PERP) announced on Thursday that they are in discussions about a potential 'merger of equals.' Both firms issued separate statements confirming talks and said that, if approved, the arrangement would resemble a merger of equals and produce 'significant' operational synergies. Market reactions were mixe…
Anthropic executives have discussed taking the AI startup public as soon as the fourth quarter of 2026, with bankers pitching plans that could raise more than $60 billion. The potential IPO arrives amid a broader push by large AI developers to access public capital, and against a backdrop of market liquidity worries tied to persistent inflation and…
OpenAI said its U.S. advertising pilot for ChatGPT reached an annualized revenue run-rate above $100 million within six weeks of launch. The company reported broad user eligibility, growing advertiser interest and plans to roll the test out to additional countries, while emphasizing that ads are kept separate from model outputs and user conversatio…
The Federal Aviation Administration is investigating an incident in which a United Airlines Boeing 737-800 on final approach to John Wayne Airport was passed in front of by an Army Black Hawk helicopter. Authorities are reviewing vertical separation data and whether recent FAA restrictions on visual separation for helicopters near major airports we…
Mexico's main equity gauge closed lower on Thursday, with the S&P/BMV IPC down 1.65% as losses in Industrials, Consumer Goods & Services and Consumer Staples drove the market lower. Advancers were outnumbered by decliners and commodity and currency moves showed mixed signals during the session, with oil rising and gold retreating sharply.
Boeing has been awarded a $326,050,000 firm-fixed-price contract by the U.S. Department of War to supply six remanufactured CH-47F Block II cargo helicopters. The award was issued to Boeing’s Ridley Park, Pennsylvania facility, with work locations and funding to be determined per order and an estimated completion date of Aug. 31, 2031. The Army Con…
The Pentagon has confirmed that uncrewed drone speedboats have been deployed to conduct patrols in the U.S. campaign against Iran. The vessels, identified as BlackSea’s Global Autonomous Reconnaissance Craft (GARC), have accumulated substantial underway hours and miles, and are being used for surveillance within Operation Epic Fury. The deployment …
The Federal Reserve Board announced it has made the joint findings with the Office of the Comptroller of the Currency (OCC) necessary for the OCC to approve Morgan Stanley Bank, N.A.'s request for an exemption under section 23A of the Federal Reserve Act. The exemption would permit Morgan Stanley Bank to acquire Morgan Stanley Europe SE and its who…
