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.
29,923 total articles
Ferrari and BMW have expanded the use of aluminium electrical wiring in new models, joining Tesla and Chinese EV makers in a trend that Reuters-sourced industry contacts and analysts say could replace about 2% of global copper demand this year. The move is driven by aluminium’s much lower price, weight advantages for electric vehicles, and elevated…
Ralph Lauren has tapped a cohort of enthusiastic Chinese buyers who view the label as an attainable expression of an 'American Dream' lifestyle. The brand reported a 50% sales increase in China last quarter and now operates about 250 stores in the market. Executives and analysts attribute the surge to a multi-year repositioning: tighter pricing rel…
Taiwan's main index closed down 3.64% on Tuesday, with the Optoelectronic and Electronic Parts/Components sectors among the largest decliners. Individual stocks showed wide dispersion: several small-cap names posted double-digit percentage gains, while other firms, including large-cap Formosa Plastics and AP Memory Technology, recorded substantial …
GigaDevice Semiconductor shares slipped after the company cautioned that a recent 125.60% rise over 30 trading days had driven its rolling P/E well above the industry average, making a rapid correction a material risk. The rally had been linked to reports that Apple was pushing for approval to buy memory chips from ChangXin Memory Technologies, a d…
Luxshare Precision Industry Co Ltd saw its Shenzhen-listed A-share price climb 8.1% to ¥70.6 on Tuesday after it opened the subscription window for a Hong Kong H-share initial public offering. The planned global offering of about 383 million shares, priced up to HK$63.28 each and targeting roughly HK$24 billion, attracted roughly US$1.5 billion in …
Warren Buffett is delaying his usual mid-year contribution to the Bill & Melinda Gates Foundation while an independent review of the foundation’s past interactions with Jeffrey Epstein remains underway. The pause could extend until later this year, with a decision possibly tied to Buffett’s customary Thanksgiving letter.
Sanyo Shokai Co. saw its stock rise sharply after reporting a large increase in quarterly operating profit and modest sales growth. The company’s prior announcement of a three-for-one stock split and a raised dividend projection has helped lift investor sentiment, while a stronger broader market provided additional support.
Federal and state authorities reached a settlement with three major U.S. egg producers after an investigation found coordinated actions that affected a daily egg price index. The companies will pay a combined $3.3 million and deliver 53 million eggs to food banks and nonprofit groups across the participating states. Cal-Maine Foods separately outli…
Asian equity markets traded unevenly on Tuesday as an unexpected pickup in China’s official June PMIs underpinned risk appetite, while caution persisted ahead of key U.S. labor-market releases and renewed talks between the United States and Iran. Semiconductor gains helped power a strong quarterly performance across the region, even as some markets…
Australian Treasurer Jim Chalmers described reports that two Ernst & Young contractors allegedly accessed Prime Minister Anthony Albanese’s personal banking information as "incredibly concerning." The report, published by the Australian Financial Review, says EY dismissed the two temporary staff, who face criminal charges tied to the alleged ac…
Warren Buffett is pausing his customary mid-year multibillion-dollar contribution to the Gates Foundation as he awaits the outcome of an external review into the foundation's prior interactions with Jeffrey Epstein. The review, commissioned by the foundation's CEO, is expected to report this summer. Buffett has donated over $47 billion of Berkshire…
U.S. stock futures were largely unchanged Monday evening after equities rallied on a sharp rebound in technology shares. Investors found some relief from a Supreme Court decision affecting a White House move against a Federal Reserve policymaker, while geopolitical uncertainty persisted as Tehran and Washington issued conflicting statements about p…
Ares Acquisition Corporation III set terms for its initial public offering, selling 34,500,000 units at $10.00 apiece to raise $345 million. Units are expected to begin trading on the New York Stock Exchange on June 30, 2026 under the symbol AAC.U. Each unit contains one Class A ordinary share and one-tenth of a redeemable warrant, with each full w…
Australia's competition regulator has launched legal proceedings against Amazon, alleging the company inserted unfair contract terms into Prime subscriptions and relied on those terms to introduce advertising to Prime Video. The ACCC says subscribers who had paid A$79 upfront were later required to pay A$2.99 per month to avoid ads. Amazon Australi…
A report from the Energy Institute, produced with Ember, Kearney Institute and KPMG, attributes roughly one-third of the 2025 increase in global energy-sector CO2 emissions to the United States. The rise was linked to a 10% jump in U.S. coal consumption and broader trends including faster growth in electricity demand than supply, stronger renewable…
Australia's competition regulator has launched court action against Amazon's Australian unit, alleging that Prime subscription contracts contained unfair terms enabling the company to add advertising to Prime Video and to charge annual subscribers extra to retain ad-free viewing. The regulator says the conduct affected more than one million annual …
Ionic Digital, formed to acquire the cryptocurrency mining business of Celsius Mining, has filed for a Nasdaq direct listing. The company, which issued shares to Celsius creditors as part of that restructuring, is registering up to 10.8 million shares for sale and recently raised $400 million at a $2 billion pre-money valuation.
A coalition of Europe’s biggest banks and trading firms has called on regulators to refrain from imposing new restrictions on off-exchange equity trading. The Association for Financial Markets in Europe (AFME) argues that the decline in trading on traditional exchanges has not demonstrably undermined price-setting and that stricter rules could degr…
Uber and Alphabet's Waymo have ended their limited self-driving collaboration in Phoenix. Vehicles from the pilot have been absorbed back into Waymo's Phoenix fleet and remain bookable through Waymo's app. Uber said it will introduce a separate autonomous vehicle partnership in Phoenix but did not identify the new partner. The move follows Waymo's …
U.S. Senator Angus King has formally urged the Federal Energy Regulatory Commission to reject NextEra Energy's proposed $66.8 billion acquisition of Dominion Energy. In a filing, King argues the combination would concentrate too much market power in one firm - spanning merchant and regulated generation, transmission, and local load exposures - affe…
Koei Group Co., Ltd., a Japan-based holding company focused on material recycling, IT asset disposition and industrial waste services, has filed to list common shares on the Nasdaq Capital Market under the symbol KOEI. Roth Capital Partners will act as underwriter. Financial details disclosed in the filing show modest revenue and net income growth …
TD Cowen has named Immatics N.V. as its top small and mid-cap pharmaceutical selection for 2026, citing an underappreciated commercial opportunity for the company's PRAME-directed cell therapy program. The firm keeps a Buy rating on Immatics and points to a de-risked Phase III candidate, potential differentiation versus a competitor, and a sizable …
SeeQC, a quantum computing hardware company focused on superconducting digital control and quantum-classical integration, has filed for an initial public offering to list on the Nasdaq Global Market under the ticker SEQC. The registration does not yet specify the number of shares or price range. The offering is being coordinated with a merger invol…
Mexico's main equity gauge, the S&P/BMV IPC, closed 0.62% higher on Monday as strength in Industrials, Consumer Goods & Services and Consumer Staples supported the market. Advancers outnumbered decliners, while commodities and currency pairs delivered mixed signals heading into the close of trade.
Forgent Power Solutions Inc. (NYSE: FPS) saw its shares decline 7.7% in after-hours trading Monday after the company disclosed a public offering of Class A common stock. The offering includes shares being sold by parent entities controlled by Neos Partners, LP and a separate tranche being offered by Forgent itself. Underwriters have a 30-day option…
