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.
30,139 total articles
Stellantis and Dongfeng Motor Group have agreed to invest more than 8 billion yuan (about €1 billion) through their Dongfeng Peugeot Citroën Automobile Co. joint venture to produce two Peugeot new-energy models and two Jeep off-road new-energy models at the Wuhan plant beginning in 2027. Stellantis is expected to provide roughly €130 million of the…
Taiwan's benchmark ended Friday in negative territory, with the Taiwan Weighted closing down 1.25% as declines in Glass and Machinery sectors contributed to market weakness. A handful of stocks recorded double-digit percentage moves in both directions. Energy and currency markets showed notable movement, with crude and Brent oil rising while gold f…
Shares of Samsung Electronics dropped sharply after the company's largest labor union affirmed it will begin an 18-day strike on May 21, even as it signaled willingness to hold new talks after June 7. The announcement followed the collapse of government-mediated negotiations over pay and bonuses, and officials cautioned that a prolonged stoppage co…
HSBC has halted a planned $4 billion allocation to its private credit funds after absorbing a $400 million loss connected to the collapse of British mortgage lender Market Financial Solutions. Announced in June 2025, the proposed investment has not been funded and there are currently no plans to move forward, according to two people familiar with t…
OpenAI's chief financial officer, Sarah Friar, said the company could pursue additional capital after completing a $122 billion private funding round. Friar said the fundraising has given OpenAI flexibility, but future decisions will depend on demand for services, revenue growth, cash flow and the gap between required and affordable computing power…
Honda Motor shares climbed sharply after the company set a forward-looking path to returned profits and committed to substantial shareholder payouts, helping markets look past its first recorded annual loss as a listed company. The automaker reported pressures on car sales in key markets but retained dividend payments and flagged a recovery timelin…
Shares of several Adani Group companies swung from early strength to declines on Friday after media reports suggested U.S. authorities were nearing resolutions in investigations involving billionaire chairman Gautam Adani. Reports indicated the U.S. Justice Department could drop criminal fraud charges and that the U.S. Securities and Exchange Commi…
Most Asian markets retreated on Friday as momentum in chipmaking shares cooled following remarks that suggested limits on U.S. chip exports to China were not clarified in recent talks. Chinese indexes held near multi-year peaks as investors sought more detail on discussions between Presidents Xi Jinping and Donald Trump. South Korea’s KOSPI led dec…
Top labour representatives at Volkswagen have reiterated that plant closures are unacceptable and must not be contemplated, while remaining open to proposals that secure the future of under-used German production sites. Management is pursuing capacity reduction measures short of factory shutdowns, including potential partnerships with defence firms…
Samsung Electronics’ South Korean labour union said it will proceed with a planned 18-day strike beginning May 21, even after the company proposed to restart pay talks without preconditions. The announcement coincided with a steep drop in Samsung shares as investors weighed the potential production and delivery impacts. Government officials and ana…
Alphabet has issued 576.5 billion yen ($3.6 billion) in yen-denominated bonds, its first debt raised in Japanese currency and the largest such sale by a foreign company. The multi-tranche offering, arranged by Mizuho Securities, Bank of America and Morgan Stanley, drew strong demand from domestic and international investors and includes maturities …
A weeklong eBay auction concluded with a winning bid of $9,000,100 for a charitable dinner with investor Warren Buffett and NBA star Stephen Curry. The dinner, set for June 24 in Omaha, will include Curry, his wife Ayesha, Buffett and up to seven guests selected by the auction winner. Proceeds will be split between the Glide Foundation and Eat. Lea…
A Federal Court judge in Australia chastised Tesla for what he described as an insufficient pace in the discovery phase of a class action brought by about 10,000 Australian drivers. Plaintiffs' lawyers say the company has produced roughly 2,000 documents after eight months, while Tesla's counsel counters that tens of thousands of documents have bee…
Berto Acquisition Corp. II has priced an initial public offering of 27.4 million units at $10.00 each, raising $274 million. The SPAC expects its units to begin trading on the Nasdaq Global Market under the symbol GUACU on May 15, 2026, with ordinary shares and warrants to trade separately as GUAC and GUACW once split. Needham & Company is the sole…
Semiconductor Manufacturing International Corp (SMIC) said overseas customers are redirecting orders to Chinese fabs as global AI-driven demand strains production at foreign foundries. Co-CEO Zhao Haijun noted that Chinese capacity additions and available production slots are drawing business back to China, while the company expands its own output …
A federal judge on Thursday issued a preliminary injunction preventing Texas officials from enforcing several provisions of a 2023 law that would have enabled state arrests and deportations of people suspected of crossing the U.S.-Mexico border illegally. The injunction, requested by the American Civil Liberties Union and allied groups suing on beh…
A recent filing with the Texas Comptroller of Public Accounts shows Toyota Motor intends to invest roughly $2 billion to add a new assembly line at its San Antonio manufacturing complex. The filing outlines capital spending split between property improvements and production equipment, a construction start window through the end of 2026, and a targe…
Sources say the U.S. Justice Department is close to dismissing criminal fraud charges against Indian industrialist Gautam Adani. Separately, Adani reached an agreement to resolve a related Securities and Exchange Commission civil lawsuit subject to judicial approval. The developments follow legal arguments presented by Adani's lawyer that challenge…
Japan's producer price index climbed 4.9% year-on-year in April, the fastest annual pace since May 2023, outpacing forecasts and accelerating from March. On a monthly basis prices rose 2.3%, led by higher oil and chemical costs. Shipping disruptions in the Middle East and a weaker yen contributed to the uptick, which could translate into higher con…
U.S. Trade Representative Jamieson Greer told Bloomberg TV that semiconductor export controls were not a central subject during recent bilateral talks in Beijing. While the U.S. has approved some H200 exports to Chinese firms, no deliveries have been completed and broader commercial access to the chips remains uncertain.
Anthropic has reached terms for a $30 billion fundraising that would value the artificial intelligence company near $900 billion. The round is slated to close imminently and is being co-led by Dragoneer Investment Group, Greenoaks Capital, Sequoia Capital, and Altimeter Capital, with each expected to put in at least $2 billion. Company revenue is f…
U.S. Trade Representative Jamieson Greer said the United States expects China to commit to purchasing "double-digit billions" of U.S. agricultural goods annually following a summit between Presidents Donald Trump and Xi Jinping in Beijing. Greer referenced last October's 25 million metric ton per year soybean agreement and said the expected commitm…
Iron Dome Acquisition I Corp. priced a 15 million unit initial public offering at $10 per unit, securing $150 million. Units, composed of one Class A ordinary share and one-half of a redeemable warrant, are slated to begin trading on the Nasdaq Global Market under the symbol IDACU on May 15, 2026. The company granted underwriters an over-allotment …
Iron Dome Acquisition I Corp. completed the pricing of its initial public offering of 15 million units at $10.00 per unit, raising $150 million. The units are slated to begin trading on the Nasdaq Global Market under the ticker IDACU on May 15, 2026. Each unit comprises one Class A ordinary share and one-half of one redeemable warrant; each whole w…
S&P Global Ratings raised Kosmos Energy Ltd.'s issuer credit rating to B- from CCC, citing a strengthening credit profile driven by higher oil prices and several financing and asset-sale actions completed since January 2026. The agency kept an issue-level CCC rating on the company’s unsecured debt with a recovery rating of 6, and assigned a sta…
