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.
29,916 total articles
Weichai Power's shares climbed 3.6% on Wednesday after Jefferies reiterated a Buy rating and lifted its price target to ¥44.20 from ¥40.40. The move reinforced investor confidence amid an already bullish analyst consensus and growing attention on the company's AI data center power generation business, which some analysts see as a major profit drive…
Austria-based Agrana reported preliminary fiscal first-quarter revenue of €855.30 million, below a €900 million analyst estimate, driven by lower volumes in its Sugar division. Despite the top-line shortfall, preliminary EBIT rose to €35.40 million on improved operations in both the Starch and Sugar segments and the absence of prior-year restructur…
Coles Group shares tumbled more than 5% after the company confirmed discussions with U.S. private equity firm TPG about a possible acquisition of Greencross Pet Wellness Company. Investors reacted to media reports that the deal could value Greencross at around A$4 billion. Coles stressed that any move would need to be strategically compelling and c…
A surge in very large acquisitions pushed announced global M&A value to $2.8 trillion in the first half of 2026, driven by 47 transactions above $10 billion that together made up nearly half of activity. Deal counts declined even as financing and regulatory conditions encouraged boards to pursue ambitious takeovers and corporate separations.
YTO Express shares rallied 10.0% to 17.33 CNY on Wednesday after the courier operator projected a substantial rise in first-half net profit. Management attributed the gain to AI-driven cost cuts and regulatory steps intended to rein in fierce competition. Broader improvements in market sentiment following stronger June PMI data also supported the s…
Kawasaki Heavy Industries shares plunged after reports the company is finalizing plans to raise about 200 billion yen through a mix of new share issuance and convertible bonds. The stock hit its lowest level since early February as investors weighed dilution, even as the broader Nikkei 225 climbed. The company says it is evaluating multiple capital…
South Korea recorded its biggest annual export increase in nearly half a century in June as semiconductor shipments surged. Exports climbed 70.9% year-on-year to a monthly record of $102.25 billion, while imports rose 30.1% to $66.10 billion, producing a trade surplus of $36.15 billion. Chip exports alone hit a new monthly high of $44.82 billion. T…
South Korea's antitrust authority says Alphabet unit Google used a program that tied escalating financial support to developer revenue on Google Play, potentially steering game makers toward its app store. The Korea Fair Trade Commission's Market Surveillance Bureau reported the conduct affected 14.16 trillion won in revenue and will recommend corr…
South Korea's equity market led declines across Asia as investors took profits following an extraordinary second-quarter run, while stronger manufacturing readings in Japan and China supported gains in Tokyo and on the mainland. Regional markets showed mixed performance as traders awaited U.S. economic data and central bank signals, with geopolitic…
The Australian government has released a Treasury options paper proposing significant regulatory changes for the Big Four accounting firms - Deloitte, EY, KPMG and PwC - including potential structural separation of audit and consulting businesses, placing them under the federal corporate regulator, and reducing partnership size limits from 1,000 to…
The European Union has introduced a €3 charge on low-value e-commerce consignments that previously entered the bloc duty-free, a move aimed at addressing what lawmakers describe as unfair competitive practices by online platforms. The fee, effective Wednesday, applies per customs classification in a shipment and is temporary pending the roll-out of…
South Korea's Fair Trade Commission examiner concluded that Alphabet's Google abused its dominant position in the Android app marketplace by conditioning financial support on app store distribution terms that favored Google Play, affecting 14.16 trillion won ($9.1 billion) in revenue. The KFTC plans to recommend remedies and could impose a fine up …
Following the disruption to Gulf hub operations after the Iran conflict began, a temporary shift of passengers and pricing advantage to Asian carriers on Europe routes is diminishing. Industry flight and booking data show Gulf airlines have largely resumed services, shrinking the passenger and load-factor gains that carriers such as Singapore Airli…
Japan's manufacturing sector expanded for a sixth consecutive month in June, with the S&P Global Japan Manufacturing PMI rising to 54.8 from 54.5 in May. The monthly reading matched the preliminary flash figure and contributed to the strongest quarterly performance since the first quarter of 2014. Production and new orders both strengthened, driven…
Ubtech Robotics shares rose sharply after the company disclosed robust preorder demand for a newly priced line of bionic humanoid robots. Management reported more than 11,000 preorders for the U1 series, which spans a wide price range and marks the company’s first major consumer-facing product push.
Asian equities opened the new quarter with caution as stalled U.S.-Iran negotiations and a sharply weaker yen weighed on sentiment. Rising U.S. Treasury yields narrowed the odds of further Federal Reserve hikes and put pressure on bond markets, while investors awaited remarks from Fed Chair Kevin Warsh and upcoming jobs data. Technology-led gains, …
Bending Spoons priced its U.S. initial public offering at $29 per share on Tuesday, raising $1.68 billion after selling roughly 58 million shares. The Milan-based software consolidator, owner of Vimeo and several other digital brands, will begin trading on the Nasdaq Global Select Market under the ticker BSP, with Goldman Sachs, JPMorgan and Allen …
South32 shares climbed as much as 10% to A$4.290 after the company revealed a transaction to transfer almost its entire aluminium portfolio to Alcoa for up to $5.6 billion. The package combines cash, newly issued Alcoa stock and a contingent payment linked to future metal prices. The move coincides with the start of a new CEO's tenure and a commitm…
U.S. equity futures traded in a narrow range on Tuesday evening after major indexes finished the second quarter with solid gains led by technology and artificial intelligence stocks. Attention has shifted to Federal Reserve Chair Kevin Warsh's scheduled address at an ECB forum in Portugal on Wednesday, and to upcoming nonfarm payrolls, as traders s…
The U.S. administration intends to rescind export restrictions that had curtailed access to Anthropic’s Fable 5 model, sources say. If enacted as expected, the change would permit Anthropic to reinstate general user access to the model after a temporary suspension earlier in June. The startup had previously limited public availability of its Fable …
On June 30, Oaktree-backed ITG set the price of its U.S. initial public offering at $16 per share, below the $19 to $22 range initially marketed, raising $312.2 million by selling 19.5 million shares. The company provides comprehensive digital infrastructure services across the United States and will begin trading on the Nasdaq under the ticker ITG…
Microsoft is preparing to disclose a round of job cuts next week that will affect thousands of positions, including roles in sales and consulting and within the Xbox gaming unit. The reduction is expected to be smaller than layoffs carried out last year and represent under 2.5% of the company’s roughly 220,000-employee global workforce. The move is…
ITG, Inc. has set the price for its initial public offering at $16.00 per share for 19,512,196 Class A shares, expecting to begin trading on the Nasdaq Global Select Market on July 1, 2026 under the ticker ITG. The company anticipates net proceeds of about $279.2 million, which it intends to use to repay outstanding principal on its revolving credi…
South32 has reached an agreement to sell the majority of its aluminium assets to Alcoa for an implied enterprise value of up to $5.6 billion. The U.S. aluminium producer will acquire South32's stakes in operations across Australia, South Africa and Brazil and assume roughly $1.2 billion of related rehabilitation provisions. South32's incoming CEO s…
Mizuho Securities Asia has sharply increased its forecasts for TSMC's CoWoS packaging and advanced-node wafer capacity across 2026-2028, citing a structural surge in server CPU demand tied to AI workloads. The bank upgraded unit forecasts for major customers including NVIDIA and MediaTek, adjusted expectations for Broadcom, and outlined expanded to…
