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
Japan's two largest airlines, ANA Holdings and Japan Airlines (JAL), reported that the conflict in the Middle East has pushed jet fuel prices higher and left the outlook uncertain, but neither company sees signs of a near-term disruption to fuel supplies. ANA warned of a sizeable hit to costs this year despite hedging and potential offsets, while J…
Deutsche Bank upgraded ThyssenKrupp AG to a 'buy' rating from 'hold' and raised its price target to €14.50 from €11, citing a more attractive risk/reward profile after the stock underperformed peers. The broker highlighted possible upside of about 50% to its base-case target and more than 100% in a best-case scenario, while noting ongoing volatilit…
Delta Electronics, a key supplier of power and cooling systems for AI data centres, said it anticipates rising costs in coming quarters due to higher oil prices and persistent material shortages, even as sales and gross profit climbed sharply on demand from AI-driven data centre builds. The company reported robust first-quarter results and said cap…
Pernod Ricard and Brown-Forman have mutually agreed to halt merger negotiations after failing to agree on acceptable terms. Discussions had included a potential cash-and-stock combination that would have left the Brown family with a significant stake, while rival bidder Sazerac reportedly put forward an all-cash, higher-leverage proposal. Companies…
Berkshire Hathaway holds its annual shareholder weekend in Omaha, the first since Warren Buffett relinquished the CEO role after 60 years. New chief executive Greg Abel will present roughly one hour on Berkshire’s businesses and face 2.5 hours of shareholder questions. Other senior executives Ajit Jain, Katie Farmer and Adam Johnson will also take …
For the first time in six decades, Warren Buffett will not lead Berkshire Hathaway’s annual shareholder meeting. Greg Abel, who assumed the CEO role after Buffett stepped aside, will chair the session in Omaha and answer shareholder questions alongside a senior executive team. The leadership handoff coincides with a period of stock underperformance…
Alphabet’s cloud unit posted a standout quarter with 63% revenue growth, prompting investors to re-evaluate which major technology firms are converting heavy AI investments into commercial returns. Combined AI-related capital spending among leading tech companies is now expected to exceed $700 billion this year, and companies signaled that elevated…
Elon Musk is scheduled to resume testimony for a second day of cross-examination as the high-profile civil trial over his suit against OpenAI continues in federal court in Oakland, California. Musk alleges that OpenAI, its co-founder Sam Altman and President Greg Brockman solicited his $38 million donation under the premise of building a nonprofit …
China’s securities regulator has granted approval for DSC Holdings, a software provider for used-car dealers that is incorporated in the Cayman Islands, to pursue a Nasdaq listing. The move is the first such clearance in four months and underscores a selective, case-by-case stance toward red-chip firms seeking U.S. capital markets access amid tight…
Qualcomm's stock rallied sharply in premarket trading after the company's CEO expressed confidence that smartphone demand will begin to recover following the firm's fiscal third quarter, and outlined progress toward shipping data center chips before year-end. The upbeat comments drove investor optimism despite a weak fiscal forecast and analyst cau…
Switzerland's Competition Commission (ComCo) has launched two formal investigations into alleged anti-competitive arrangements in which travel companies and online casinos purportedly agreed not to bid on each other's trademarked search terms in keyword auctions run by search engines. The inquiries follow complaints to the watchdog and will involve…
Several major automakers have begun recording projected reimbursements for tariffs paid to the U.S. government following a February Supreme Court ruling, collectively recognizing about $2.3 billion of expected refund income in first-quarter accounts. While the entries lifted reported quarterly profits, companies warned the money has not been receiv…
Italy's antitrust authority, the AGCM, has closed investigations into three companies developing generative artificial intelligence after accepting legally binding commitments designed to address the risk of AI 'hallucinations'. The firms agreed to permanent disclaimers and clearer disclosures on their chatbot services, while one committed to inves…
A policy group led by cybersecurity expert Dmitri Alperovitch recommends targeted tariffs on the chip-like cells inside digital displays to reduce the risk that the U.S. military becomes dependent on Chinese suppliers. The report warns that Chinese-made display cells, which are lower-cost and gaining market share, already underpin displays assemble…
UBS projects the European Union will set its 2026 funding requirement at between €170bn and €180bn when it revises its borrowing plan. The forecast comes as the EU prepares to make €45bn available to Ukraine in 2026 under a newly finalized €90bn support loan, while overall disbursements under the bloc's recovery programs remain slow and cash balanc…
Bangladesh will sign an agreement to acquire 14 aircraft from Boeing, officials said, marking a strategic shift from a previously approved Airbus plan. The pact, expected to be signed in Dhaka on Thursday evening, will supply Biman Bangladesh Airlines with a mix of narrow-body and wide-body jets. Financial and technical specifics were not disclosed…
The combined market capitalisation of the Global Top 100 companies rose 22% in the year ending March 31, 2026, adding $9.2 trillion to reach a new high of $51.8 trillion, according to PwC. Growth accelerated from the prior year, led by renewed momentum in the technology sector and strong contributions from industrials and materials. The United Stat…
Subsea 7 reported first-quarter EBITDA and revenue above expectations and raised its full-year 2026 revenue guidance while increasing its EBITDA margin target by 100 basis points to 23%. A net profit of $97 million fell short of consensus due to $67 million of non-cash foreign exchange losses. The company ended the quarter with improved net cash an…
MTU Aero Engines reported first-quarter adjusted EBIT of €320 million, 3% above consensus, and generated €177 million of free cash flow, substantially higher than the €85 million analysts expected. Revenue reached €2.24 billion, slightly ahead of forecasts. The company reduced net debt, updated its hedge book, and reaffirmed full-year sales and adj…
Aperam SA reported first-quarter adjusted EBITDA of €90 million and signaled notably stronger results expected in Q2, citing seasonal improvements in Brazil and easing import pressure into Europe. The company registered negative free cash flow and reported net debt of €1,057 billion at quarter-end, while advancing cost savings under its Leadership …
British equities traded mixed in volatile conditions as escalating tensions involving Iran and a jump in oil prices weighed on sentiment ahead of policy announcements from the European Central Bank and the Bank of England. At 03:30 ET (07:30 GMT) the FTSE 100 was up 0.13%, the DAX down 0.33% and the CAC 40 down 1.11%. Sterling strengthened slightly…
Befesa reported first-quarter results showing margin expansion and modest adjusted EBITDA growth even as sales fell and currency effects weighed on performance. Revenue for the period was €285 million, with adjusted EBITDA of €58 million and a margin of 20.3%. The company issued 2026 guidance that is modestly below market consensus on both adjusted…
Kingspan reported a 3% rise in pre-currency sales in the first quarter of 2026, narrowly missing the 3.5% consensus. Growth was concentrated in its Advnsys unit, while the larger Insulated Building Envelope division declined. The company reiterated its full-year trading profit guidance of 1.05 billion euros, citing stronger momentum and order intak…
United Utilities has launched an £800 million share issue, equivalent to around 9% of its market capitalisation, to fund an increase in its AMP8 capital programme to £11.5 billion from a previously planned £9 billion. Management expects faster regulatory asset base growth and has raised its target regulatory returns to 10-11%, while aiming to keep …
Whitbread reported adjusted pre-tax profit of £483m for fiscal 2026, essentially unchanged year-on-year and slightly above analyst forecasts. The group lowered its five-year incremental profit target to £275m, confirmed plans to return £2bn to shareholders, and will pause its buyback program in fiscal 2027 to finance its growth strategy amid higher…
