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.
18,039 total articles
Jefferies has moved Greggs to a 'hold' rating from 'buy' and lowered its price target to 1,610p, pointing to growing evidence that rapid adoption of GLP-1 weight-loss drugs is producing a persistent reduction in customer volumes. The brokerage has reduced like-for-like growth forecasts and models margin compression across FY26 and FY27, while manag…
JPMorgan strategists contend that recent weakness in the U.S. dollar should generally support risk assets, including equities, and that concerns about foreign-exchange headwinds for Europe may be overstated. They point to a 3% fall in the DXY index in late January and say stronger local activity can counteract translation effects, while emerging ma…
Phoenix Global Mining Ltd has placed its executive chairman and chief financial officer on immediate suspension while the board investigates allegations concerning recent conduct and past payments to a former corporate finance adviser. The AIM-listed miner has put interim financial controls in place, is seeking an interim CFO, and says current cash…
Novo Nordisk’s Frankfurt-listed shares gained 4.5% on Monday following Hims & Hers’ decision to stop selling a $49 compounded weight-loss pill based on semaglutide after legal warnings from Novo and action from U.S. regulators. The move followed earlier signals from the FDA that it would crack down on unauthorized compounded GLP-1 medications. Desp…
Warpaint London has agreed to acquire the Barry M cosmetics brand for £1.4 million in cash, subject to court approval expected Monday. The purchase, completed out of administration, includes Barry M’s intellectual property, inventory and order book but explicitly excludes manufacturing capabilities and liabilities. Warpaint also issued a trading up…
Centrica has finalised the disposal of several non-core energy solutions businesses for in excess of £80 million, selling units in Italy and the Netherlands to a 3i Infrastructure portfolio company, enabling a management buyout in Hungary, and completing the sale of Panoramic Power. Management says proceeds will be redirected to Centrica Business p…
A consortium led by Advent and FedEx has agreed to buy InPost at €15.60 per share, valuing the parcel locker operator at €7.8 billion ($9.2 billion). The transaction, which preserves InPost's name, management team and Polish headquarters, aims to support further expansion of its automated parcel machines across multiple European markets. The partie…
NatWest Group has agreed to acquire Evelyn Partners for an enterprise value of £2.7 billion, creating the UK’s largest Private Banking and Wealth Management franchise. The transaction combines Evelyn Partners’ £69 billion of assets under management with NatWest’s £59 billion, boosts fee income and is expected to be accretive to Return on Tangible E…
UniCredit said it now targets net profit of 11 billion euros for this year after reporting quarterly results above analyst expectations. Management pointed to earnings support from investments in rival banks and a tax-credit boost, and reiterated longer-term ambitions to reach 13 billion euros by 2028 with average annual growth of 7% from 2026 to 2…
Japan's equity market closed higher on Monday, with the Nikkei 225 advancing 4.06% in Tokyo trading. Real Estate, Banking and Textile sectors were principal drivers. A handful of large-cap industrials and semiconductors recorded the session's strongest gains, while several notable names fell. Market breadth favored advancers, and option-implied vol…
The Financial Conduct Authority is preparing to release comprehensive trading data for UK-listed equities, gathering transactions from exchanges, dark pools and off-exchange platforms to present a fuller view of liquidity. The regulator says current metrics, which depend heavily on the London Stock Exchange central limit order book, understate acti…
Bernstein has singled out three South Korean internet companies it views as best positioned for growth: Hybe, Kakao and Naver. Each received an Outperform rating and distinct price targets, with Hybe marked for IP-led upside tied to BTS and new properties, Kakao noted for its frequency-driven ad business, and Naver credited for regaining e-commerce…
Innovent Biologics has entered a collaboration with Eli Lilly to co-develop new cancer and immune-disease therapies. Innovent will direct research through Phase 2 in China, while Eli Lilly will hold exclusive commercialization rights beyond Greater China. Innovent receives $350 million up front and may collect up to about $8.5 billion in milestone …
A group led by FedEx and private equity firm Advent has submitted a binding offer of €15.60 per share to acquire Polish parcel locker operator InPost for about €7.79 billion ($9.22 billion). The consortium's proposal values InPost at a 17.3% premium to the company's most recent Amsterdam close and has received the recommendation of InPost's board, …
Elon Musk said SpaceX is prioritizing the creation of a 'self‑growing city' on the Moon that the company believes could be built in under a decade, while still intending to pursue a Mars city in the coming five to seven years. The announcement accompanies disclosures about corporate strategy, recent acquisitions, revenue composition and plans for a…
Taiwan's main index closed marginally lower on Monday, with the Taiwan Weighted shedding 0.06% as pressure in the , Glass and Electricity sectors weighed on the market. A handful of mid- and small-cap names recorded double-digit percentage moves in both directions. Commodities and currency markets also saw modest moves, with crude and Brent oil fin…
Glencore’s attempts to merge with Rio Tinto have stalled again, prompting the Swiss miner and trader to pursue targeted disposals to sharpen its copper, cobalt and nickel exposure. Management plans include the near-term sale of a 70% stake in Kazzinc and talks to divest parts of its DRC copper and cobalt business, while a decision on coal assets re…
OpenAI has publicly denied social media claims that it abandoned plans to air a Super Bowl advertisement for an upcoming AI device. The denial followed a now-deleted Reddit post and an accompanying video purporting to show actor Alexander Skarsgard with a metallic, circular gadget called "dime." Company leaders called the thread and clip false, and…
Australian equities closed higher on Monday, with the S&P/ASX 200 finishing up 1.85% in Sydney. Gains were concentrated in the Gold, IT and A-REITs sectors, while a small group of stocks recorded notable declines. Market breadth was strongly positive and implied volatility fell sharply. Commodity and foreign-exchange rates moved unevenly, with gold…
WPP is preparing to regroup its three principal creative agencies beneath a single organizational banner called WPP Creative. The move, intended to simplify client offerings and integrate services across the business, will keep Ogilvy, VML and AKQA as separate market-facing brands while bringing them into one coordinated division. The plan follows …
Vicuña Corp., the BHP-Lundin Mining partnership operating in Argentina’s high Andes, says it could invest roughly $800 million this year across the Filo del Sol and Josemaría deposits, aiming to nearly double last year’s expenditure. The pair of projects make up the Vicuña District, a major undeveloped copper, gold and silver complex that the compa…
Shares of State Bank of India climbed to an intraday record after the bank posted a 24.5% year-on-year rise in standalone net profit for the December quarter of fiscal 2026. Robust net interest income and non-interest income supported the results, while management raised full-year credit growth guidance.
Innovent Biologics shares jumped in Hong Kong after the company announced a new development partnership with Eli Lilly focused on oncology and immunology. Innovent will receive a $350 million upfront payment and could collect up to $8.5 billion in additional payments tied to future milestones. The deal is the seventh collaboration between the two f…
KDDI Corp said it will record an estimated 246 billion yen ($1.6 billion) charge tied to an internal investigation that found fictitious sales at two advertising-related subsidiaries. The announcement triggered a steep drop in the company’s shares and led KDDI to delay its third-quarter financial disclosure until the probe concludes.
SpaceX CEO Elon Musk said the company has pivoted to prioritize building a 'self-growing' city on the Moon, a goal he said could be reached in under 10 years. Musk contrasted the lunar timetable with a longer 20+ year horizon for Mars, while also saying work on a Mars city will begin in five to seven years. His remarks come as SpaceX readies a plan…
