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
Goldman Sachs lowered its recommendation on Lufthansa to sell from neutral after modelling roughly a $1 billion product-basis loss on the airline's fuel hedges and forecasting a material drop in 2026 EBIT. The bank maintained a buy rating on IAG, but trimmed price targets for both carriers and warned that further fuel-cost increases or softer deman…
Goldman Sachs identified HF Sinclair, Valero Energy and Marathon Petroleum as its preferred U.S. refining equities, citing stronger refining margins on the West Coast, attractive shareholder return profiles and potential near-term support from Middle East supply disruptions and strategic reserve releases. The bank emphasized companies with premium …
Samsonite International reported weaker full-year financial results, with net sales down 2.5% and adjusted net income falling 20.7%. The company attributed lower revenue to more cautious buying by brick-and-mortar wholesale customers amid softer consumer sentiment and macroeconomic uncertainty, while direct-to-consumer e-commerce partially offset d…
The International Energy Agency set out immediate actions households, businesses and governments can take to reduce energy demand and blunt recent price spikes linked to the U.S-Israel war with Iran. The recommendations - ranging from working from home to cutting highway speeds by at least 10 kilometres per hour and avoiding air travel when alterna…
Taiwan's stock market finished Friday with a solid gain as the Taiwan Weighted rose 1.51%, paced by jumps in semiconductor-related names and other tech-linked stocks. Notable individual moves included 10% advances for Weltrend Semiconductor, Leadtek Research and Biostar Microtech, while a small group of stocks posted double-digit percentage decline…
A joint venture of GE Vernova LLC and Hitachi Ltd will invest $40 billion to build small modular nuclear reactors in Tennessee and Alabama, announced in a White House fact sheet following a meeting between President Donald Trump and Japanese Prime Minister Sanae Takaichi. The investment is part of a larger $73 billion energy agreement between Japan…
Virgin Australia said it will adjust ticket prices as costs across aviation continue to climb, a trend the carrier said has been materially worsened by developments in the Middle East. The airline noted ongoing cancellations of services operated by Qatar Airways through at least March 28, 2026, and reaffirmed prior hedging positions for fuel and fo…
Australian equities closed lower on Friday with the S&P/ASX 200 sliding 0.82% to a fresh three-month low. Losses were concentrated in the Materials, Metals & Mining and Gold sectors. Notable individual moves included gains for Stanmore Coal, Objective Corp and Telix Pharmaceuticals, while Greatland Resources, Alcoa Corp DRC and Virgin Australia rec…
The World Economic Forum is examining plans to reduce the size of its 28-member board of trustees, a move that could consolidate influence among senior figures. The proposals are expected to be debated in the coming months, and a decision could be made at the trustees' biannual in-person meeting this summer. The review follows a series of high-prof…
Xiaomi shares tumbled after the company unveiled an updated SU7 electric sedan and disclosed pricing that raised investor concerns about narrowing EV margins amid rising component costs. The stock fell 6.9% to HK$33.80 and underperformed the Hang Seng, while Xiaomi outlined substantial AI investment plans and said the SU7 would compete directly wit…
OCBC analysts say Asian defence equities are in the early stages of a broader structural upcycle driven by heightened geopolitical tensions and a push for greater military self-sufficiency. Despite solid absolute gains, the regional aerospace and defence index has lagged peers in the US and Europe, leaving room for re-rating as governments accelera…
Residents across central Moscow, St Petersburg and other major cities have encountered daily mobile internet shutdowns, intermittent service restrictions and blocked messaging platforms as Russian authorities intensify measures to control online communications. Officials frame the actions as security measures and legal enforcement; diplomats and an…
Authorities in the United States, Germany and Canada coordinated a takedown of infrastructure tied to four large botnets - Aisuru, KimWolf, JackSkid and Mossad - which had infected more than 3 million devices worldwide, including hundreds of thousands in the U.S. The botnets were used to launch hundreds of thousands of distributed denial-of-service…
Alibaba's Hong Kong-listed shares tumbled after the company reported weaker-than-expected December quarter results, with net income plunging 66.3% and revenue missing forecasts. Strong cloud revenue growth and continued investment in AI were overshadowed by elevated spending on e-commerce promotions and AI initiatives, prompting the company to reor…
Tesla is preparing to acquire roughly $2.9 billion in solar manufacturing equipment from Chinese firms including Suzhou Maxwell Technologies, Shenzhen SC New Energy Technology, and Laplace Renewable Energy to support a stated objective of establishing 100 gigawatts of U.S. solar manufacturing capacity by 2028. Some machinery will need export cleara…
Asian equity markets traded unevenly on Friday as wild swings in oil prices tied to Middle East tensions unsettled investors and China left its benchmark loan prime rates unchanged for a tenth consecutive month. Risk appetite was muted after Wall Street closed lower on renewed inflation worries linked to energy costs, though some futures nudged hig…
Brazil's Finance Minister Fernando Haddad confirmed he will run for governor of Sao Paulo, announcing his candidacy with President Luiz Inacio Lula da Silva at a Workers Party rally in a working-class suburb. Haddad stepped down from the finance ministry earlier the same day, with deputy minister Dario Durigan named as his successor. The move posit…
OpenAI plans to fold its ChatGPT desktop app, Codex and browser-based utilities into a single desktop "superapp" as part of a push to simplify its product lineup and concentrate on enterprise customers. The project will be overseen by Chief of Applications Fidji Simo with support from OpenAI President Greg Brockman, and will place an emphasis on ag…
Guardian Metal Resources plc priced a U.S. initial public offering of American Depositary Shares at $13.50 per ADS, generating roughly $60 million in gross proceeds before underwriting discounts and expenses. The company sold 4,444,400 ADSs, representing 22,222,000 newly issued ordinary shares, and provided underwriters a 45-day option to buy up to…
U.S. stock index futures were largely unchanged in evening trading after major U.S. equity benchmarks extended losses during the day. Large intraday swings in oil prices and a more cautious outlook on Federal Reserve rate cuts damped risk appetite, even as some geopolitical comments eased immediate supply-disruption fears.
Panama's authorities have dismissed public assertions from Panama Ports Company (PPC) regarding the cancellation of port contracts, labeling the comments false and libelous. The government says PPC and its affiliates have not cooperated with efforts to manage the post-annulment transition and accuses them of withholding information. PPC has counter…
Nexstar Media Group announced Thursday evening that the Federal Communications Commission and the Department of Justice granted approvals for its acquisition of Tegna, and that the transaction has closed. Tegna shares jumped sharply in after-hours trading while Nexstar stock rose modestly. The transaction, valued at about $6.2 billion, consolidates…
The Wall Street Journal reports that Unilever is negotiating an all-stock combination of its food division with McCormick & Company. If completed within weeks, the move would carve out a business housing brands such as Knorr and Hellmann’s, potentially valuing the food unit at tens of billions of dollars and refocusing Unilever on non-food categori…
Shares of Super Micro Computer Inc. plunged in after-hours trading after the U.S. Department of Justice unsealed an indictment charging three people, including co-founder Yih-Shyan Liaw, with conspiring to smuggle advanced U.S. artificial intelligence server technology to China. Liaw was arrested Thursday, and the DOJ said the alleged scheme produc…
On March 19, reports indicated Unilever is in discussions to separate its food operations and merge them with spice maker McCormick in an all-stock transaction that could close within weeks. The report cited unnamed sources; Reuters said it could not immediately verify the account and that the companies did not respond to requests for comment. Sepa…
