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.
30,173 total articles
SLB reported a decline in first-quarter profit after disruptions tied to the Iran conflict reduced demand for oilfield services across the Middle East and Asia. The company said revenues in the region fell 10% to $2.69 billion and total quarterly revenue was $8.72 billion. Net income attributable to the company was $752 million, or 50 cents per sha…
Morgan Stanley's Consumer Staples Commodity Cost Index declined 5% year-over-year through April 17 while rising 3% from March. Sharp gains in petrochemical and oil prices contrast with lower costs for select agricultural items. The index remains roughly 40% above pre-Covid averages, and Morgan Stanley projects modest 2026 cost pressures across stap…
Procter & Gamble reported stronger-than-expected quarterly sales driven by higher-priced hair and skincare launches, while warning that the Middle East conflict will shave roughly $150 million off fiscal 2026 after-tax profit through higher commodity, feedstock and logistics costs. The consumer goods giant held FY26 earnings-per-share guidance at t…
BYD is equipping more models with second-generation batteries capable of charging from 20% to 97% in under 12 minutes and is planning a rapid rollout of flash-charging stations at home and abroad. The move is intended to address range anxiety among petrol-car holdouts and to reinforce a competitive edge as domestic sales slow amid intense rivalry a…
Shares of several gambling companies moved lower after MoffettNathanson downgraded DraftKings and Flutter Entertainment from Buy to Neutral. DraftKings fell 1.49% and Flutter dropped 0.80%, while peers showed mixed reactions as the firm cited that valuations alone no longer justify Buy ratings after prolonged share retreats.
Vietjet Air is set to receive the first A330neo from a 20-aircraft order placed last year, a step the carrier says is critical to launching direct services to Europe. The airline is also pursuing a broader strategy to develop Ho Chi Minh City into an Asia-Pacific hub for aviation finance, while continuing to deploy Chinese-made aircraft on select r…
UK stock indices declined on Friday and are poised to end the week in the red as diminishing prospects for a quick resolution to the US-Iran conflict and a Bank of England warning on global equity risks pressured markets. The FTSE 100 fell 0.6% to 10,391.16 by 1005 GMT, while the FTSE 250 dropped 1.1%. Rising crude prices hit travel and leisure sto…
Citi remains constructive on UK domestic banks while forecasting a softer first quarter for net interest income due to a lower day count and compressing mortgage margins. The broker expects quarter-on-quarter NII declines at Barclays and Lloyds, with NatWest broadly flat, and anticipates a rebound from the second quarter as volume dynamics and hedg…
Bank of America strategists led by Michael Hartnett are flagging five priority trades for the second quarter: curve steepeners, China exposure, consumer cyclicals, semiconductor stocks and commodities. The team says markets are already pricing a return to a nominal economic boom, driven by political and geopolitical shifts, and points to strong por…
Porsche will divest its holdings in the hypercar joint venture Bugatti Rimac and a minority position in Rimac Group to a consortium led by HOF Capital and investors including BlueFive Capital. The move comes as Porsche refocuses on its core business amid plunging margins and a sharp drop in operating profit.
Equity benchmarks in India ended the session lower, with the Nifty 50 down 1.14% and the BSE Sensex 30 falling 1.27%. Weakness in Technology, Real Estate and Consumer Durables stocks drove broad declines, while select commodity names and banks posted gains. Volatility, measured by the India VIX, climbed and currency and commodity markets posted mix…
SAIC Motor Corp.'s MG unit is considering building an electric-vehicle assembly plant in Spain to serve the European market, a move that would reduce tariffs on imports from China. The plan has not been finalized and important details - including investment amount, output capacity and timing - remain under discussion. Choosing Spain would likely ru…
A national poll of 4,557 U.S. adults finds widespread concern about pesticide use in food production and substantial opposition to protecting manufacturers from lawsuits alleging their products cause cancer. Those results add political and reputational pressure as Bayer asks the U.S. Supreme Court to curtail state-law claims linked to its Roundup w…
SpaceX is pitching an ambitious shift from an aerospace and satellite operator toward an AI-first company, but offering documents show that the firm is funding that pivot primarily with revenue from its Starlink satellite broadband unit. Starlink doubled operating income to $4.42 billion last year and covered losses in SpaceX’s space division, whil…
Regulators moved quickly to restrict how Brazil’s public pension funds can invest after the liquidation of mid-sized Banco Master, limiting most funds to federal government debt unless they meet stricter governance requirements. The shift, affecting funds that manage roughly $73 billion, could make it harder for many plans to reach actuarial return…
Adyen NV saw its shares rise after reporting roughly 20% year-on-year constant-currency net revenue growth in the first quarter to €620.8 million, and announcing a €750 million agreement to acquire loyalty and promotions software provider Talon.One. Management reaffirmed full-year guidance and said the transaction will be funded from existing cash,…
A long-running securities class action tied to Nvidia's 2017-2018 comments about cryptocurrency-driven revenue has taken a key step forward after a federal judge certified a class. Nvidia has asked the 9th U.S. Circuit Court of Appeals to weigh in before the case proceeds, arguing the district court misapplied Supreme Court precedent on price impac…
Chinese regulators are preparing to restrict technology companies, including notable AI startups, from taking investment originating in the United States without prior government approval. Agencies such as the National Development and Reform Commission have communicated the guidance to private firms. The move follows Meta Platforms Inc.'s $2 billio…
U.S. equity futures traded unevenly as investors weighed the lack of progress in U.S.-Iran diplomacy that has dashed hopes for a quick end to the conflict. While some corporate earnings provided temporary relief, oil prices remain elevated amid continued Strait of Hormuz disruptions, keeping market participants on edge.
UBS has lifted its December 2026 MSCI Emerging Markets target to 1,680 while retaining an attractive view on EM equities. The bank bases its outlook on AI-driven innovation, improving corporate governance across parts of Asia, and firmer commodity prices. UBS projects 33% earnings growth for EM in 2026 and foresees only a limited earnings hit from …
Ubisoft announced that Assassin’s Creed Black Flag Resynced will be released on July 9, priced at 59.99 euros for PlayStation 5, Xbox Series X|S and PC. The remake, developed mainly by Ubisoft Singapore, features upgraded visuals, additional gameplay elements and an extended storyline. The news came as the Paris-based publisher continues a wide-ran…
UBS Switzerland has increased its December 2026 target for the FTSE 100 to 11,000 from 10,500 and raised its earnings growth forecast for UK equities to 11% for this year, driven largely by higher energy sector profits and concentrated gains among a small number of stocks. The bank expects earnings growth of roughly 10% to persist into 2027 despite…
Companies across multiple sectors have reacted to the unfolding conflict in the Middle East by postponing planned public listings and withdrawing or suspending dividend proposals. The moves reflect concerns about market sentiment, supply-chain and logistics disruptions, and signs of weakening demand.
Intel shares rallied sharply in premarket trading after the company issued an upbeat revenue forecast driven by rising demand for CPUs used in advanced AI workloads. The jump of more than 22% put the stock on track to surpass its dotcom-era peak and would add roughly $75.3 billion to the company's market value at about $81 per share. Management cit…
China’s automotive industry is rapidly integrating artificial intelligence into electric vehicles after Beijing outlined an "AI Plus" strategy in its latest five-year plan. Automakers, suppliers and technology companies are committing capital and releasing new systems that range from driver convenience features to advanced in-vehicle computing, whi…
