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.
29,438 total articles
The New Zealand Dollar weakened about 1.0% to 0.5834 after the Reserve Bank of New Zealand lifted the Official Cash Rate by 25 basis points to 2.75%. Although the rate rise matched market expectations, the central bank's revised forward guidance - including a lower Q4 average OCR forecast and an emphasis that the future rate path is not pre-determi…
Stronger-than-expected Q2 GDP in Australia has raised the likelihood of further Reserve Bank of Australia rate increases. While higher policy rates are broadly negative for equities, certain financial sectors - notably large banks and insurers - can benefit when loan repricing outpaces deposit-cost rises and insurance portfolios reinvest at higher …
BYD’s rapid historical revenue expansion faces a consolidation phase as Chinese market growth softens. Management’s push into foreign markets could underpin future top-line gains, but the critical test is whether international scale restores or improves margins, stabilizes free cash flow and converts shipments into profitable earnings.
Ito En's stock climbed 8.1% to ¥3,255 after the company reported a first-quarter operating profit of ¥10.2 billion, a 22.0% year-over-year increase that exceeded market forecasts by roughly ¥4 billion and the company's guidance by about ¥3 billion. Investors reacted to signs of recovery in the vending machine business and stronger-than-expected ear…
Shares of Lenovo dropped after a Dropbox security incident exposed a weakness in an older Lenovo ID integration. Dropbox said about 5,000 accounts were compromised in August, with files viewed or downloaded from fewer than one-third of those accounts. Lenovo has described the issue as a legacy integration vulnerability and said its customers were n…
SoftBank Group shares fell sharply after SB Energy's Nasdaq IPO prospectus disclosed a $3.2 billion net loss on only $139 million of revenue in the first half of 2026, deepening worries about losses within SoftBank's AI-focused investments and adding to market pressure from rising yields and a weak global macro backdrop.
Morgan Stanley expects Nintendo to host a Nintendo Direct event in September focused on The Legend of Zelda's 40th anniversary and early Switch 2 software, including a teaser for the live-action Zelda film due in April 2027, and release date and gameplay information for The Legend of Zelda: Ocarina of Time, which the firm forecasts will arrive arou…
Honda has told its suppliers to sharply lower prices as part of a plan to trim 1.5 trillion yen in costs by 2030, documents and people familiar with the matter show. The move accompanies a strategic pivot after large projected EV losses and the company’s first annual loss as a publicly traded firm, with Honda seeking to improve competitiveness agai…
Asian equities tumbled Wednesday, with Japan and South Korea leading declines after a jump in oil pushed global government bond yields higher. The move rekindled concerns that central banks may need to keep policy tight. Australia reported better-than-expected second-quarter GDP, while New Zealand's central bank raised rates as anticipated.
BHP Group’s Chief Commercial Officer Rag Udd will depart at the end of January to pursue an opportunity outside the company, according to an internal staff memo. Udd’s exit opens a key vacancy responsible for managing iron ore contracts and relations with Chinese buyers, a role that Brandon Craig, who assumed the top position in July, will need to …
Bank of Japan Governor Kazuo Ueda said the central bank will keep raising interest rates while assessing whether inflationary pressures are developing as anticipated. Speaking after a G20 finance meeting, Ueda emphasized the need to watch upside inflation risks and to evaluate how prior rate increases are influencing the economy. Markets are largel…
Cognition AI is in advanced discussions to raise about $1 billion in a new financing that would value the company near $47 billion. Strong investor interest—totaling nearly $10 billion in indications—could push the final raise above $1 billion. The fundraising follows rapid revenue growth and a shift toward enterprise customers, even as negotiation…
Nvidia is reportedly in advanced negotiations to acquire AI model platform Hugging Face in a transaction that market sources value at roughly $12.9 billion to $14 billion. The prospective deal, which has not been finalized and remains subject to change, could feature a $1 billion retention package for Hugging Face employees. The acquisition would b…
OpenAI's CEO Sam Altman announced that the company will roll out its next AI model, Astra, "soon," while underscoring an increased emphasis on cybersecurity and safety measures. Altman called Astra a meaningful advance in capability and alignment and said the company is deliberately pacing development to meet higher safety standards after recent co…
U.S. equity futures were largely unchanged Tuesday evening as investors digested fresh U.S.-Iran strikes and persistent concerns about higher interest rates. Major index futures showed little movement after a negative session on Wall Street, where the S&P 500, Nasdaq Composite and Dow all declined. The renewed strikes in the Middle East pushed oil …
A wave of global data centre construction to support AI workloads is driving heavy demand for power and thermal-management equipment. Suppliers of transformers, solid-state transformers and advanced cooling systems have seen large order growth and backlogs tied to hyperscaler projects, even as investor enthusiasm moderates amid supply-chain and dep…
ProPicks AI completed a monthly rebalance that crystallized large gains in two healthcare stocks - Haemonetics and Molina Healthcare - and redeployed that capital into fresh, high-conviction selections including an oil-and-gas value play and a proprietary aerospace supplier. The rotation reflects the model's discipline around valuation, profitabili…
Yum Brands disclosed in a regulatory filing that Aaron Powell has resigned as chief executive of Pizza Hut and from other roles at the company following the completion of the brand's sale. The disposal was executed through two transactions totaling $2.7 billion, including a $1.5 billion sale of most Pizza Hut stores to private equity firm LongRange…
Colombian stocks closed higher on Tuesday, with the COLCAP index rising 1.86% as the Industrials, Services and Agriculture sectors provided upward momentum. Several large-cap names posted notable gains, while a handful of energy and financial companies ended the session lower. Nearby commodity contracts and currency rates also moved, with the US Do…
Chegg Inc. said it repaid the remaining $33.9 million of its 0% convertible senior notes due September 1, 2026, retiring the 2026 Notes and eliminating its outstanding debt. The announcement drove a 3.4% gain in after-hours trading. The company reported $72 million in cash, cash equivalents and investments as of June 30, 2026, and a pro forma cash …
S&P Global Ratings upgraded its outlook on Viper Energy Inc. (VNOM) to positive from stable while affirming a BBB- issuer credit rating, citing improved financial metrics and substantial free cash flow at parent Diamondback Energy Inc. (FANG). The agency also affirmed VNOM's unsecured notes rating and detailed production, reserve, governance and ca…
GitLab shares jumped sharply in after-hours trading after the DevSecOps company posted fiscal Q2 2027 results that exceeded expectations on revenue and adjusted EPS. Revenue of $286.3 million beat the consensus by roughly $13 million, and adjusted EPS of $0.25 topped forecasts by 39%. Management highlighted net ARR growth north of 40% year over yea…
MongoDB reported fiscal second-quarter 2027 results that exceeded consensus on revenue and adjusted EPS, but the stock plunged about 12.5% in after-hours trading as investors reacted to a report many felt fell short of heightened expectations amid a market already shifting away from high-growth names.
OpenAI will limit Astra’s advanced cybersecurity functionality after internal testing showed the model can autonomously locate and develop zero-day exploits. Astra was designated as having met a "critical cybersecurity threshold" under OpenAI’s Preparedness Framework and will be deployed to a restricted group of testers, with broader, defensive-onl…
EU competition authorities have their focus on the licensing practices of U.S. cloud software company Oracle, according to a person familiar with the matter. The European Commission is soliciting information from third parties to determine whether to pursue enforcement, in a probe comparable to one involving SAP that was resolved with concessions i…
