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.
20,609 total articles
Xiaomi's first-quarter results showed a sharp drop in profit as rising memory-chip prices and intense domestic competition pressured its core smartphone division. The stock tumbled to its lowest in nearly a month, while the company’s electric vehicle unit posted strong sales but continued to weigh on overall profitability due to heavy investment an…
European policymakers are negotiating a compromise that would reserve most mobile satellite spectrum for EU companies while leaving an opening for non-EU operators. Separately, draft rules on cloud procurement due June 3 aim to limit the sway of U.S. cloud providers in sensitive public projects without fully excluding them. The divided stance among…
Taiwanese prosecutors suspect three people of routing at least one consignment of Nvidia AI chips to mainland China through Japan. The suspects were detained last week by Keelung District authorities after being accused of falsifying export documents for Super Micro Computer servers that house advanced Nvidia chips. Taiwan officials seized roughly …
Samsung Electronics' agreement to allocate a fixed share of semiconductor operating profit to chip workers averts a large strike and delivers very large special bonuses. By committing 10.5% of semiconductor operating profit, abolishing a cap on performance-linked pay and covering a 10-year period, the deal establishes a new precedent that other Sou…
Japanese and South Korean equities hit fresh records driven by a technology sector rally focused on chipmakers, following strong Wall Street gains in AI-linked names. Broader Asian markets displayed divergence as concerns over possible renewed U.S. strikes on Iran, volatile oil prices and central bank guidance capped enthusiasm. Investors awaited f…
Boston Consulting Group's 2026 Global Wealth Report finds Hong Kong has become the largest global booking centre for cross-border wealth at $2.95 trillion, narrowly surpassing Switzerland's $2.94 trillion. The report highlights strong inflows from China and an IPO boom in 2025 as key drivers, and projects faster growth for Asian hubs through 2030 c…
Disciplined Growth Acquisition Corporation priced 15 million units at $10.00 each in an offering expected to raise $150 million. Each unit contains one Class A ordinary share and a right to receive one-fourth of a Class A share upon completion of an initial business combination. The company will deposit $10.05 per unit into a trust account and gran…
Disciplined Growth Acquisition Corporation sold 15 million units at $10.00 each in an initial public offering that raised $150 million. Each unit includes one Class A ordinary share and a right to receive one-fourth of a Class A ordinary share upon completion of the company’s initial business combination. Units are expected to begin trading on the …
Registrations across the EU, Britain and the European Free Trade Association climbed in April, propelled by a strong increase in electrified vehicle sales. Battery-electric, plug-in hybrid and hybrid models accounted for more than two-thirds of registrations, while conventional petrol and diesel car registrations declined. The shift has benefited e…
Samsung Electronics plans to invest roughly 39 trillion dong (about $1.5 billion) to construct its initial semiconductor testing plant in Vietnam. The facility, already under construction in Thai Nguyen province about 60 km north of Hanoi, is slated to begin operations in November 2027 and will test legacy DRAM and NAND memory chips with substantia…
Former President Joe Biden filed a federal lawsuit in Washington D.C. seeking to prevent the Department of Justice from releasing audio recordings and transcripts of private interviews conducted with his biographer in 2016 and 2017. The suit targets a planned June 15 disclosure to the U.S. House Judiciary Committee and the Heritage Foundation. The …
Unionised employees at Samsung Electronics have approved a contentious bonus agreement that prevents an 18-day strike but sharpens pay divergence across the company. The government-mediated settlement, endorsed by 74% of 62,616 voters, channels the largest rewards to the memory chip division and ties stock bonus payouts to ambitious profit mileston…
Japan's Nikkei index reached a fresh record intraday high as semiconductor-related shares surged, offsetting declines among financial and value-oriented stocks. Broader market measures posted modest gains while market breadth showed more decliners than advancers. Investor focus on technology themes echoed overnight strength in U.S. semiconductor na…
Samsung Electronics plans to invest 39 trillion dong ($1.5 billion) to construct its first chip testing factory in Vietnam, with construction under way in an industrial park about 60 kilometres north of Hanoi and operations targeted to begin in November 2027. The facility will focus on legacy DRAM and NAND memory chips and is intended to help relie…
Unionised employees at Samsung Electronics approved a tentative wage pact with about 74% of participating voters in favour, a result that halted plans for an 18-day strike affecting roughly 48,000 staff - most from the company’s semiconductor operations. The government-mediated agreement introduces a 10-year special performance bonus for semiconduc…
Bank of Japan Governor Kazuo Ueda cautioned that what begins as a short-lived energy price spike could harden into a lasting inflationary force if it feeds into wages and expectations. Speaking at a BOJ-hosted conference, he said central banks must evaluate oil price movements within the broader economic backdrop because the same rise in crude can …
Fireworks AI, a startup that helps companies run artificial intelligence models, is reportedly holding discussions to secure new capital that would value the company at around $15 billion. Index Ventures is said to be preparing to co-lead the round, though sources indicate negotiations are ongoing and terms could change. The talks highlight investo…
U.S. stock futures were largely unchanged on Tuesday evening following a technology-led rally that pushed the S&P 500 and Nasdaq to record highs. Semiconductor strength, highlighted by Micron's surge and milestone market valuation, powered gains in equities even as renewed U.S. strikes on Iranian targets and heavy Israeli air attacks in Lebanon int…
SK Hynix's shares surged to a record high, lifting the company's market capitalization past $1 trillion as momentum from AI-related memory demand tightens supplies and lifts prices across the sector. The move follows similar milestones at Micron and a rally in Samsung, which together have pushed regional markets higher.
Chilean lithium producer SQM reported first-quarter net income of $365 million, up from $138 million a year earlier, driven by sharply higher realized lithium prices and increased sales volumes. Revenue rose to $1.76 billion, topping analyst estimates, but net profit missed Reuters/LSEG expectations of $426 million. The company raised its expected …
A U.S. district judge has issued a preliminary injunction preventing the U.S. Military Academy at West Point from applying a February 2025 policy that required prior approval for public statements by civilian faculty and from enforcing limits on classroom expression challenged in a class-action lawsuit. The ruling addresses constitutional free spee…
A Reuters poll of analysts projects the Nikkei will climb to a record 69,000 by the end of next year, driven by enthusiasm around artificial intelligence and solid corporate earnings. The index has already reached fresh highs, and while some strategists warn of a potential pullback, many see the uptrend continuing amid domestic reforms and growth-o…
On May 26, data center operator IREN announced an agreement to buy Nvidia air-cooled Blackwell systems from Dell for about $1.6 billion. The equipment will support a previously disclosed five-year, $3.4 billion cloud AI service contract with Dell and is planned for installation at IREN's Childress, Texas, campus, with commissioning expected by earl…
Brazilian senator Flavio Bolsonaro said he met U.S. President Donald Trump at the White House and published a photo of the two men together in the Oval Office. The visit occurred as the senator faces a political setback that has reduced his standing in recent polls and amid scrutiny over his outreach to a jailed banker to finance a film about his f…
On May 26, Alabama’s Board of Medical Examiners issued a formal warning to healthcare providers advising against prescribing, dispensing or administering so-called research-grade peptides. The board said these products are not reviewed or approved by the U.S. Food and Drug Administration, are not subject to standard oversight of safety, effectivene…
