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.
30,167 total articles
L’Oreal shares rose 0.7% in Paris after Exane BNP Paribas upgraded the stock to neutral from underperform, pointing to the cosmetics group’s historical ability to absorb inflationary pressures. The broker increased its price target by 18% to 414 euros from 350 euros, and described L’Oreal’s sector-relative valuation as largely irrelevant for now.
Volvo Cars reported a 10% year-on-year decline in global deliveries for the three months through April, selling 162,864 vehicles. Weak demand in China and softer U.S. deliveries weighed on volume, while Europe showed resilience driven by fully electric models. Electrified vehicles accounted for 48% of sales, with fully electric cars up 14% and plug…
Shares of Pasifik Teknoloji rose 10% on Tuesday and reached the daily trading cap on Borsa Istanbul after the Turkey-based information and technology company announced a framework agreement to export a range of unmanned aerial, rotary and ground systems to an undisclosed country. The transaction, which the company described as its first export in t…
Volvo Cars said it sold 162,864 vehicles in the three months through April, a 10% decline from the same period a year earlier. Weak demand in China and softer U.S. deliveries weighed on the tally, even as electrified models accounted for nearly half of sales and fully electric vehicle deliveries increased for a seventh consecutive month.
Hugo Boss reported first-quarter operating profit and sales that exceeded analyst expectations, even as earnings fell year-on-year. Management pointed to recent developments in the Middle East that dented store traffic and consumer sentiment, while highlighting measures to tighten assortments, streamline distribution and control costs. The company …
Major Gulf stock markets opened lower as fresh drone and missile strikes attributed to Iran, and a U.S. response, heightened tensions in and around the Strait of Hormuz. The UAE reported an ignition at Fujairah port, a critical export node that bypasses the strait via the Abu Dhabi Crude Oil Pipeline. Dubai's main index lost 1.5%, with toll operato…
Audi plans to launch its flagship Q9 SUV in the United States this summer even as a proposed increase in tariffs on EU-built cars threatens to raise costs, the automaker's finance chief Juergen Rittersberger said. Audi is particularly vulnerable because it currently imports vehicles from Europe and Mexico rather than building them in the U.S. The c…
European equities traded unevenly on Tuesday as fresh exchanges between the U.S. and Iran heightened concerns that a tenuous ceasefire could be breaking down. Major continental benchmarks reversed small early declines to post modest gains, while the U.K. blue-chip index lagged. Renewed attacks and reported incidents in the Gulf, plus a spike in oil…
European stocks dipped modestly as investors reacted to new clashes between the U.S. and Iran in Gulf waters and sustained high global oil prices. The STOXX 600 fell 0.1% to 604.68 points early Tuesday, with London’s FTSE 100 down about 1%. Market pressure has been intensified by oil-driven inflation concerns that have pushed expectations for multi…
British equities opened lower on Tuesday as hostilities linked to the Iran-UAE confrontation spread beyond the Strait of Hormuz and pushed oil prices to near multi-year highs. The FTSE 100 was down just over 1% in early trade while sterling held steady. Markets responded to reports of missile and drone strikes on the UAE, a fire at an oil facility …
Novo Nordisk has recorded brisk initial U.S. demand for its new oral Wegovy pill, but rising competition from Eli Lilly and rapid declines in U.S. prices for obesity medicines are prompting investors to ask whether volume growth can make up for shrinking revenues. Analysts point to heavy use of low-cost starter doses, slower-than-expected dose esca…
Swedish drug developer Medivir reported a small rise in first-quarter revenue and a reduced EBITDA loss, while completing a SEK 45 million directed share issue to support ongoing and planned clinical trials. Cash balances increased during the quarter and the company outlined near-term study starts and a veterinary study timeline into 2026.
Swedish engineering and software group Prevas reported a 1.1% drop in first-quarter revenue to SEK 425.80 million, while adjusted EBITA margin rose to 9.3% driven by improved resource utilization and tighter cost control. Net income was SEK 20.60 million and operating profit SEK 31.90 million, with operating profit reduced by restructuring costs in…
KSB reported a 15% year-on-year increase in first-quarter order intake to €1.01 billion, driven by a major power plant order in Eastern Europe. Revenue edged up 0.4% but first-quarter EBIT declined to €39.8 million, pressured by external costs related to the company’s SAP S/4HANA migration and broader geopolitical and economic headwinds. Management…
Australia's S&P/ASX 200 finished the session down 0.19%, driven by retreats in the Gold, Materials and Financials sectors. Market breadth favored decliners while volatility on the ASX rose modestly. Commodities and currency moves were mixed, with gold futures higher and crude oil prices lower at the close.
Bernstein has identified six Mainland Chinese companies it views as top picks across consumer staples, automotive, technology and semiconductor sectors, assigning each an Outperform rating. The firm points to high margins, market share advantages, product demand and structural growth initiatives as the drivers behind its selections, while noting ne…
Taiwan's benchmark closed lower, down 0.96%, after weakness in the Computers & Peripherals and Semiconductor sectors. A small group of stocks posted large percentage gains, while several others dropped sharply. Commodity and currency markets also saw notable moves during the session, with crude and Brent oil lower and gold futures higher.
First-quarter results from several major European lenders highlighted weak or tepid performance in investment banking, while U.S. peers posted record revenue driven by trading gains. Structural shifts - including regulatory changes in the United States, differences in business mix and the rise of market-making firms - are contributing to widening c…
Tesla has received approval from the Dutch road authority for its 'FSD (Supervised)' software and is pursuing recognition across the European Union. Internal and inter-agency emails from regulators in several countries reveal skepticism about the system’s safety claims, operational limits and Tesla’s advocacy tactics. Key EU committee votes and fur…
Facing squeezed margins at home and a crowded domestic market, Chinese automakers are shifting from shipping lightly modified China-spec cars to designing models from the ground up for overseas buyers. The strategy targets segments and regions where local demand differs from China - notably European hatchback markets and pickup markets in Australia…
Samsung Electronics' board chairman has called for earnest negotiations with organised labour after unions announced plans for an 18-day strike beginning May 21. In an internal memo dated Tuesday, Shin Je-yoon cautioned that work stoppages could disrupt deliveries and production, erode market leadership and produce wider economic consequences inclu…
Vodafone Group will purchase CK Hutchison’s 49% holding in the VodafoneThree joint venture for 4.3 billion pounds ($5.8 billion) under a capital reduction and share cancellation agreement, taking full control of the UK mobile operator that serves more than 28 million customers. The joint venture, formed in early 2023 and completed in May 2025, carr…
HSBC reported first-quarter profit before tax of $9.4 billion, a slight decline from the prior year as an increase in expected credit losses and operating expenses offset revenue growth driven by wealth fee income and higher net interest income. Revenue rose 6% to $18.6 billion, while the bank raised its 2026 net interest income guidance and signal…
South Korean authorities said they will investigate an explosion and subsequent fire aboard the Panama-flagged cargo ship HMM Namu in the Strait of Hormuz. The empty, anchored vessel suffered an engine-room blaze that was extinguished with no casualties reported. U.S. President Donald Trump posted that Iran had fired on the ship as part of a broade…
Apple has conducted early-stage discussions with Intel and Samsung about producing the custom processors that run its devices, part of an effort to diversify away from its long-standing supplier Taiwan Semiconductor Manufacturing Co. Conversations are exploratory and no final decisions have been reached.
