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.
29,578 total articles
Artificial Analysis, a San Francisco research firm, found DeepSeek’s newly released V4-Flash model to be substantially less expensive to run on benchmark tests than widely known AI models, with an estimated average cost of $0.03 per test. V4-Flash charges $0.14 per million input tokens and $0.28 per million output tokens, and scored 50 on an Intell…
Italian cable manufacturer Prysmian has reached a definitive agreement to acquire U.S. electrical products maker Atkore for $3.8 billion in cash. Prysmian will pay $95 per share, about 30% above Atkore's most recent close. The deal, approved unanimously by both companies' boards, is positioned to expand Prysmian's electrical infrastructure product …
Shein is reportedly considering measures to reduce the effective cost basis for some late-stage investors as it prepares for a Hong Kong initial public offering at a valuation near $40 billion. Options under consideration include cash payments and additional Class B shares for participants in the pre-Series D, Series D and Series D+ rounds. Discuss…
Ageas has agreed to sell its 30.95% interest in Maybank Ageas to joint-venture partner Malayan Banking Bhd for €1.1 billion ($1.15 billion). The transaction, which values the venture at €3.5 billion, is expected to generate an estimated net after-tax capital gain of about €450 million for Ageas and to lift its Solvency II ratio by 25 percentage poi…
TOTO Ltd. shares tumbled 11.4% to ¥6,209 after the company posted a mixed set of fiscal first-quarter results. While net sales edged up 1.7% year-on-year to ¥168.61 billion for the three months to June 30, operating profit declined 1.6% to ¥8.07 billion. The results missed expectations and reignited investor concerns about the economics of TOTO's s…
After extreme swings in July that saw domestic retail investors suffer steep losses and leveraged ETF assets collapse, major global investors have returned to South Korean equities, concentrating on top semiconductor names. Record foreign purchases and signs that forced deleveraging has largely run its course underpin optimism, though elevated vola…
An autonomous AI-powered breach in mid-July 2026 and a surge in discovered software flaws have accelerated cybersecurity spending, boosting most large public cyber vendors by double digits year-to-date. Fortinet and Palo Alto Networks lead gains, while Zscaler stands out as a sizable laggard. Exchange-traded funds tracking the sector have also post…
Nippon Electric Glass sank 17.0% to ¥4,417 on Monday after the company disclosed a ¥12.6 billion extraordinary loss in Q2 FY2026 related to structural reforms in its composites business and announced a substantial downward revision to its full-year profit forecast. Foreign exchange gains partly offset ordinary profit pressure, but the one-off charg…
China Hongqiao Group Ltd shares fell 6.5% to HK$22.94 after the company disclosed that a unit will seek up to 12 billion yuan through a private placement. The fundraising is expected to support expansion but could dilute existing shareholders. The decline occurred even as major brokerages have kept optimistic ratings on the stock, while valuation r…
Fanuc Corp. shares dropped 15.0% to ¥6,068 on Monday after first-quarter results disappointed investors. While order intake jumped 36.9% year-over-year to ¥281.9 billion, operating profit of ¥53.5 billion, up 26.1% from a year earlier, landed about ¥1 billion below analyst consensus. The miss reversed earlier gains following a raised full-year oper…
Asian oil and gas equities fell Monday after crude prices extended losses following comments by U.S. President Donald Trump that negotiations over the Strait of Hormuz would begin on Monday and that regional powers urged Washington to delay planned military action. The prospect of de-escalation eased fears of immediate supply disruptions and trimme…
Japanese automakers and other export-oriented firms tumbled on Monday after the yen strengthened following confirmed joint intervention by Japan and the United States. Major carmakers, electronics and industrial exporters posted notable declines as the firmer yen raised concerns about margins and overseas revenue translation.
Kioxia shares rose sharply after the company reported outsized fiscal Q1 FY2026 results, unveiled an ¥800 billion share buyback and a 3-for-1 stock split, and said it has cleared its net debt position. Management also projected stronger near-term revenue and profit and signaled expectations for a NAND supply deficit in 2027, a combination that has …
Asian equities moved lower on Monday with South Korea's KOSPI suffering the steepest losses after renewed selling in AI-linked technology names outweighed improving risk sentiment from easing Middle East tensions and stronger Wall Street futures. Oil eased after comments suggesting talks over the Strait of Hormuz would begin, reducing immediate sup…
Nvidia shares closed at $200.75, roughly 15% under their record $236.54 high and up 5.75% year-to-date. Despite the pullback, the stock sits near the lower bound of analyst price targets and retains broad Buy/Overweight support from major brokerages. Structural growth arguments and strong recent financials support the bull case, while rich multiple…
Alibaba Group's Hong Kong-listed shares jumped after the company introduced Qwen 3.8-MAX, a Max-class update built on the Qwen 3.5 architecture that the company says improves reasoning, coding, agent and multimodal capabilities while lowering inference costs. The model, with 2.4 trillion parameters and 95 billion active parameters, will have its we…
Private equity firm Pacific Equity Partners has submitted an indicative takeover proposal valuing FleetPartners at approximately A$760.3 million (US$534.5 million). The proposed A$3.60-per-share price represents about a 27% premium to the company’s last close of A$2.83, prompting a sharp intraday rally that sent the stock to a 20-month high. FleetP…
South Korea's KOSPI dropped more than 4% on Monday as renewed selling pressure on memory-chip leaders erased gains from a brief earnings-driven rebound. The broad index entered the session having suffered its worst month since 2008, with July losses driven by concerns over AI valuations, cooling hyperscaler spending and heavy retail positioning.
Steadfast Group's stock climbed after a consortium led by Amwins, Dragoneer and KKR reaffirmed a A$6.00-per-share cash proposal valuing the insurer at A$7.7 billion. The bidders say most due diligence is complete and the exclusivity period has been extended to Aug. 19 to finalise documentation and remaining checks.
Capital One has filed court papers asserting that its 2021 decision to shut more than 300 bank accounts tied to the Trump Organization resulted from an internal anti-money laundering review, not political or religious bias. The filing came as the Trump Organization and Eric Trump pressed a lawsuit alleging discriminatory debanking, and follows earl…
U.S. equity futures climbed on Sunday evening after President Donald Trump said negotiations with Iran were set to begin on Monday, and as technology shares showed signs of stabilizing following steep declines in July. Futures gains followed a positive Friday session, while attention turns to a busy week of second-quarter earnings and a key employm…
Chery Automobile will invest $75 million in South Korea's KG Mobility through convertible bonds that, if converted, would provide Chery with about a 10% ownership stake. Both firms outlined plans for production, distribution and brand collaboration, a joint task force on supply-chain and technology areas, and a January launch of a midsize SUV built…
Toyota is expected to report a fifth consecutive quarterly drop in operating profit for April-June, with the median analyst estimate at 1.11 trillion yen - a 5% decline year-on-year. Sluggish sales in China and the Middle East, rising material costs linked to the regional conflict, and production halts after a Kyushu earthquake are weighing on resu…
Aug 2 - AstraZeneca has been in discussions with U.S. rival Bristol Myers Squibb about a possible combination that would form one of the world’s largest pharmaceutical firms, with an aggregate valuation close to $400 billion. Talks have taken place in recent months, but the companies and the timing remain uncertain. Both firms derive large portions…
The MOEX Russia Index ended the Moscow session up 0.75%, driven by strength in the Mining, Power and Oil & Gas sectors. GMK Noril’skiy Nikel’ PAO, Moskovskiy Kreditnyi Bank PAO and Magnitogorskiy Metallurgicheskiy Kombinat PAO were among the top gainers, while OZON and a pair of retailers and miners finished lower. Key commodity and currency indica…
