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.
3,909 total articles
Britain’s Competition and Markets Authority said Apple and Google have agreed to commitments designed to make mobile app stores fairer and more transparent for developers. The moves follow the CMA’s designation of both firms as holding strategic market status in smartphones and include assurances on app review processes and expanded access to certa…
Berenberg downgraded E.ON SE to "hold" from "buy," pointing to recent share appreciation that has brought the stock close to the broker's raised price target and to ongoing uncertainty around Germany's regulatory framework for networks. The bank says E.ON is well placed financially to expand network investment but needs clearer, supportive regulato…
Ryanair has signed a memorandum of understanding with CFM for an engine material services arrangement that will underpin the airline's plan to perform in-house maintenance on more than 2,000 CFM engines beginning in 2029. The move involves opening two new engine shops — the first in late 2028 and a second between 2030 and 2031 — each carrying capit…
Shares of several U.S. insurance brokers fell after a report that OpenAI approved an insurance app on ChatGPT enabling personalized home insurance quotes and potential in-chat purchases. Analysts at Wolfe Research, including Tracy Benguigui, said the market reaction was "overblown," noting the development centers on personal lines while the brokers…
Under Armour shares fell sharply after Citi reduced its rating to Sell from Neutral, citing persistent headwinds for the North America turnaround, weak direct-to-consumer traffic, heightened promotional activity, and a deceleration in EMEA sales. The downgrade follows an upbeat Q3 and a raised full-year outlook from the company, but Citi sees risks…
The Court of Justice of the European Union has ruled that WhatsApp Ireland can pursue its challenge to a 2021 European Data Protection Board decision that led Ireland's Data Protection Commission to increase a fine to 225 million euros. The judgment sends the case back to the lower tribunal to be decided on its merits, prolonging a five-year legal …
A study by payments firm Ebanx finds Brazil’s instant-payment platform Pix could represent 50% of e-commerce transactions by 2028, extending its lead over credit cards. The central bank-operated system has rapidly displaced cash and expanded into consumer-to-business payments following the addition of recurring-payments capability.
ING Bank Slaski reported a 4.8% increase in fourth-quarter net profit, driven by higher lending volumes that helped counteract margin compression caused by central bank rate cuts. The Polish unit exceeded consensus expectations, recorded modest growth in net interest income, and saw fee income rise. The lender also outlined a plan to distribute 75%…
Goldman Sachs has shifted to a more pro-cyclical view on European chemicals and implemented seven rating changes across the sector. The bank upgraded Arkema, Evonik and Symrise to Buy and moved Lanxess to Neutral, while downgrading Givaudan and Clariant to Sell and cutting Umicore to Neutral. The move reflects what Goldman Sachs describes as early …
Delta Electronics reported January revenue of NT$49.7 billion, a 7% decline from December but a 33% increase from the prior year. The Power division showed modest monthly growth while Infrastructure fell sharply month-over-month, largely because of reduced liquid-cooling sidecar CDU shipments and softer networking and telecom deliveries. Morgan Sta…
Shares of France's Michelin came under modest pressure in early European trading on Tuesday after Goodyear Tire and Rubber Co reported a fourth-quarter earnings shortfall and signaled weaker global volumes ahead. Pirelli and Continental showed small gains, while analysts warned that exposure to the U.S. truck market, inventory dynamics and weather-…
Jaguar Land Rover is recalling 2,278 I-PACE electric SUVs in the United States after the U.S. National Highway Traffic Safety Administration flagged a risk that the vehicles' high-voltage batteries may overheat and increase the chance of a fire. Dealers or over-the-air updates will temporarily limit battery state of charge to 90% while a long-term …
BP has suspended its share repurchase programme and recorded roughly $4 billion in write-downs tied to its renewables and biogas operations as it prepares for a leadership transition. The company reported a fourth-quarter adjusted profit that matched market expectations and said it will redirect excess cash into oil and gas projects offering higher…
UBS reports that Commodity Trading Advisors (CTAs) have reduced equity exposure by about $10 billion over the past two weeks and plan another $10 billion of reductions in the coming fortnight. The selling bias has eased somewhat as earlier rally-related negative base effects drop out of rolling calculations. CTAs have notably expanded short positio…
4basebio PLC has elevated its chief operating officer, Dr Amy Walker, to the role of chief executive officer. The move accompanies a reorganization in which outgoing CEO Dr Heikki Lanckriet will stay on the company board while separating the Hermes nanoparticle-based DNA delivery platform into a standalone, separately-funded therapeutics business. …
SoftBank Group is expected to report a significant investment gain related to its stake in OpenAI when it publishes quarterly results, but market focus is shifting to how the Japanese investment firm will bankroll additional AI commitments. Heavy exposure to a money-losing OpenAI has increased concentration risk and raised questions about SoftBank'…
British Land has secured a long-term pre-let at its Broadgate redevelopment after Herbert Smith Freehills Kramer committed to a 21-year lease for 238,000 square feet at 1 Appold Street. The agreement includes expansion options that could raise the occupied space to 360,000 square feet and currently covers 60% of the building. The project, built by …
Cisco unveiled the Silicon One G300 switch chip and an associated router designed to improve data movement across very large AI deployments. Built on TSMC's 3-nanometer process and slated to reach the market in the second half of the year, the G300 includes latency- and congestion-mitigation features Cisco calls "shock absorbers" and is claimed to …
Barclays has increased chief executive C.S. Venkatakrishnan’s total remuneration to 15 million pounds for 2025 from 11.6 million pounds a year earlier, driven by a rise in variable pay and bonuses. The lender cut the CEO’s fixed pay while raising variable compensation to 12.7 million pounds, and reported a 15% increase in its overall staff bonus po…
European equity indexes traded unevenly Tuesday as investors parsed a heavy schedule of corporate quarterly reports amid generally positive global risk appetite. Germany's DAX and the U.K.'s FTSE 100 dipped 0.2% each while France's CAC 40 advanced 0.3% at 03:05 ET (08:05 GMT). Results from Philips, Kering, AstraZeneca, Barclays and BP dominated hea…
Helen Lofthouse will step down as Managing Director and Chief Executive of ASX in May, concluding an 11-year tenure. Her departure comes as the exchange prepares to bring the initial phase of its long-delayed CHESS replacement online, with a go-live targeted for April. The revamped program replaces an earlier blockchain-based effort that was termin…
Electro Optic Systems (EOS), the Australian laser and defense technology firm, said it is examining whether U.S. short seller Grizzly Research breached corporate law after publishing a report that challenged the credibility of an $80 million contract and precipitated a steep share price decline. EOS described the report as misleading and has engage…
AstraZeneca said it expects mid-to-high single-digit revenue growth and low double-digit core profit growth in 2026, driven by demand for cancer therapies and newer drugs alongside expansion efforts in the United States and China. The Anglo-Swedish drugmaker reported modest revenue growth in the latest quarter and outlined strategic investments inc…
Japanese equities closed higher on Tuesday with the Nikkei 225 rising 2.20%. Broad sector gains, led by Real Estate, Banking and Textile stocks, lifted the index while individual movers included sizable rallies in Furukawa Electric, Nissan Chemical and Mazda. Market breadth was positive and implied volatility declined, with mixed movements in oil, …
Honda reported a 61.4% year-on-year decline in third-quarter operating profit to 153.4 billion yen, citing the drag from U.S. import tariffs and weaker electric vehicle demand. The result missed the LSEG analyst consensus and represents a fourth straight annual quarterly drop, while the company held its full-year operating profit forecast at 550 bi…
