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.
29,905 total articles
Ashmore Group reported quarterly net inflows of $1.3 billion for the period ended June 30, beating a Jefferies consensus estimate of $700 million and reversing $900 million of outflows recorded in the prior quarter. Assets under management rose by $3.3 billion, or 7%, to a reported period-end AUM of $50.7 billion, with the firm registering net infl…
Humble Group posted a 1% organic rise in preliminary second-quarter net sales to SEK 2.0 billion and reported preliminary EBITA of SEK 120 million, unchanged year-on-year. The company recorded SEK 600 million in non-cash impairments during the quarter - SEK 280 million related to the divestment of its Fancystage unit and SEK 320 million tied to an …
A growing network of package-forwarding startups and established logistics firms is enabling consumers across parts of Africa to buy from global marketplaces such as Amazon and Walmart despite the retailers’ limited direct presence on the continent. Firms combine foreign warehouse addresses, consolidation and regional distribution with local mobile…
Evotec AG reported a substantially larger preliminary EBITDA loss for the first half of 2026 and lowered full-year revenue and EBITDA guidance after partnership revenues were shifted into 2027 and new sales channels progressed more slowly than expected. Management says demand for the core business remains solid while recovery signs are emerging.
The S&P/ASX 200 finished the trading day in Sydney unchanged at 0.00%, with notable gains in coal and leisure-related names offset by declines among select energy and retail stocks. Market breadth favored decliners, volatility as measured by the S&P/ASX 200 VIX ticked higher, and commodity prices for gold and crude oil rose on the session. Currency…
Debenhams Group said trading remained robust through June and July, with gross merchandise value rising year-on-year, margins strengthening and returns falling. Management highlighted gains across its marketplace model and branded divisions, and reiterated targets to cut net debt substantially this financial year and to lower leverage to below one …
British Land reported strong leasing activity in the first quarter of fiscal 2027, completing 567,000 square feet of deals at premiums to both estimated rental value and prior passing rents. The group also signalled continued leasing momentum across campuses, retail parks and London Urban Logistics assets, while maintaining underlying EPS guidance …
AstraZeneca will pay Dizal Pharmaceutical $600 million up front for worldwide rights to Sunvozertinib (Zegfrovy), a medicine approved in both the U.S. and China for adults with locally advanced or metastatic non-small cell lung cancer. The deal transfers global development and commercialization responsibilities to AstraZeneca, while Dizal may recei…
AQ Group reported second-quarter net sales of SEK 2.58 billion, beating the four-analyst consensus of SEK 2.49 billion and marking a 10% year-over-year increase. The company raised its profit-before-tax margin target to 10% from 8%, while reporting higher EPS, modest operating and pretax profits, and reduced operating cash flow amid higher inventor…
Vitec Software Group reported a 15% year-on-year rise in net sales for the second quarter, supported by recent acquisitions and stronger market activity. Recurring revenue increased 12%, while EBITA rose 15% to SEK 271 million and the EBITA margin held steady at 29%. Management cited improved market conditions, continued cost control and AI-driven …
Swedish electronics equipment maker Mycronic reported a 17% rise in second-quarter net sales to SEK 2.42 billion, beating analyst consensus. Order intake climbed 119% to a record SEK 2.92 billion. The company raised its 2026 net sales outlook to SEK 9.25 billion, citing strong demand from AI infrastructure and optical communications, while setting …
Swedish construction firm NCC reported second-quarter operating profit and sales below analyst expectations as higher costs tied to ongoing disputes trimmed results. The company posted an operating profit of SEK 635 million and sales of SEK 14.22 billion. Profit after tax was SEK 452 million and orders received increased to SEK 14.13 billion. Manag…
Taiwan equities closed modestly higher on Tuesday, with the Taiwan Weighted index finishing up 0.06%. Strength in the Plastic, Oil, Gas & Electricity and Chemical sectors underpinned the market, while a handful of large-percentage moves in individual stocks produced notable winners and losers. Commodity markets showed strength, with crude and Brent…
Climeon reported SEK 0.4 million in sales for the second quarter and recorded no order intake during the period. The company narrowed its adjusted loss per share to SEK 0.36, while posting an operating loss of SEK 21.80 million and negative operating cash flow of SEK 10.70 million. During the quarter Climeon completed a SEK 23 million share issue a…
Bufab reported an 11% rise in net sales for the second quarter, driven in part by 5.3% organic growth. Quarterly revenue reached SEK 2.27 billion and earnings per share increased to SEK 1.07 from SEK 0.80 a year earlier. Management highlighted margin improvements tied to customer and product mix, purchasing savings and price adjustments, and noted …
China's smartphone market contracted in the second quarter, with total shipments down 4.3% year-on-year to 66 million units in the three months to June 30. Market research firm IDC reported that Apple and Huawei were the only vendors to record shipment gains, rising 25% and 20% respectively, while other manufacturers faced headwinds as they raised …
Dometic reported a 5% drop in second-quarter sales to SEK 5.97 billion, missing analyst expectations. Operating profit and earnings also fell short, with margins pressured by a SEK 52 million bad debt related to West Marine's Chapter 11 filing and higher material and freight costs. The group recorded SEK 101 million in restructuring charges and sai…
ChangXin Memory Technologies (CXMT) is preparing to list on the Shanghai Stock Exchange on July 27, aiming to raise 29.5 billion yuan through an offering that began book-building on July 15. The company, now a top-four global DRAM producer with a 7.7% market share in 2025, says the capital will support capacity expansion and technology upgrades. Th…
HMS Networks reported Q2 net sales of SEK 991 million, an 18% increase year-on-year and above analyst expectations. Net income reached SEK 155 million with EBIT of SEK 238 million, while orders totaled SEK 979 million. Semiconductor demand and stronger Asia-Pacific order intake underpinned the performance, though the company warns of component pric…
Sweden-based medical technology company XVIVO reported second-quarter net sales of SEK 239 million, beating the average analyst estimate of SEK 235.68 million. The company recorded 34% year-on-year revenue growth, driven mainly by a 53% rise in thoracic sales in local currencies and a 26% increase in abdominal sales, while services sales fell 25% i…
SoftBank Group CEO Masayoshi Son told attendees at the company's annual corporate conference in Tokyo that developing artificial intelligence will cost about $5 trillion annually by 2040 - equivalent to roughly 800 trillion yen - and dismissed questions that AI represents a bubble. Son outlined the scale of capital and power required to support AI …
China's smartphone market contracted in the second quarter as shipments fell 4.3% year-on-year to 66 million units, marking a fifth consecutive quarterly decline. Higher memory and component costs prompted many vendors to raise retail prices or prune budget models, discouraging upgrades. Huawei and Apple were the only major vendors to grow shipment…
Telefonaktiebolaget LM Ericsson reported second-quarter profit that exceeded analysts' expectations even as net sales fell short of forecasts, driven mainly by a drop in patent-licensing revenue after a one-off settlement benefited the prior-year quarter. The company delivered margin outperformance, issued a cautiously positive near-term Networks s…
Australian-listed lithium producers and developers fell broadly on Tuesday as China’s benchmark lithium carbonate futures retreated and market participants priced in rising supply and subdued near-term demand for the battery metal. The sector underperformed the S&P/ASX 200, with several companies hitting multi-week lows.
BMW is pinning its China turnaround on the Neue Klasse electric vehicle family after two consecutive years of falling sales and a sharp second-quarter decline. The automaker’s delayed entry into China’s rapid EV development cycle, coupled with local rivals delivering new technologies in months rather than years, leaves BMW scrambling to regain rele…
