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
Renault reported a 7.3% year-on-year increase in first-quarter sales to 12.53 billion euros, well above a company-provided consensus that expected a 0.1% rise to 11.69 billion euros. Growth was largely driven by higher sales to partners, notably production and distribution work for Nissan and Geely, which contributed 5.9 percentage points to the to…
Hyundai Motor posted first-quarter operating profit of 2.51 trillion won, missing forecasts and falling from 3.63 trillion a year earlier. The automaker cited higher costs tied to U.S. import tariffs and disrupted shipping linked to conflict in the Middle East. Revenue rose to 45.9 trillion won helped by a weaker South Korean won, while net profit …
Hyundai Motor reported a 31% year-on-year decline in first-quarter operating profit to 2.5 trillion won, matching analysts' estimates, as softer demand in the Middle East and a recall of the Palisade SUV weighed on results. Revenue increased 3.4% to 45.9 trillion won. Shares traded lower following the announcement.
Nokia reported a stronger-than-expected rise in comparable operating profit for the first quarter of 2026, driven by robust orders and elevated sales to artificial intelligence and cloud customers. Comparable operating profit increased 54% to 281 million euros, outpacing analysts' average estimate of 250 million euros, while comparable net sales re…
Nokia reported a first-quarter net profit of 87 million euros versus a loss of 60 million euros a year earlier, driven by strength in Network Infrastructure and AI/cloud-related demand. Comparable net sales rose 4% to about 4.5 billion euros, comparable operating profit climbed 54% to 281 million euros, and the company reiterated full-year comparab…
BE Semiconductor Industries reported a sharp year-on-year rise in first-quarter net profit and robust revenue growth, driven by stronger shipments for high-end mobile and 2.5D AI computing applications. The company also said its order book more than doubled in Q1 and forecast continued sequential revenue growth, higher gross margins and a sizeable …
Heineken reported first-quarter organic net revenue and volume gains that exceeded analyst forecasts, while cautioning that rising energy costs and inflation - attributed to the war in Iran - may damp consumer demand. The company confirmed its full-year organic operating profit outlook and continues to pursue cost reductions and leadership successi…
Nestle reported stronger-than-expected organic sales growth in the first quarter as higher purchases of coffee and pet food boosted volumes. The company reiterated its full-year organic growth guidance of 3-4% and said it expects an improved underlying trading operating profit margin versus last year. Reported sales fell, reflecting currency and ac…
John Distilleries’ founder says he is open to selling more, possibly all, of his remaining stake to U.S. spirits group Sazerac following a prior deal that placed the Indian company’s valuation at roughly 40 billion rupees. Sazerac already owns about 60% of the Bengaluru-based brewer-distiller. While no timetable has been set, both parties have agre…
SpaceX's S-1 registration ahead of a planned $1.75 trillion IPO this summer reveals the company's intent to invest heavily in AI hardware, explicitly listing 'manufacturing our own GPUs' among substantial capital expenditures. The filing also cautions investors that SpaceX lacks long-term contracts with many direct chip suppliers and expects to con…
Bank of America has reaffirmed Buy ratings on Vista Energy (VIST) and YPF (YPF), raising price targets for both names as Argentina’s macro backdrop improves and company-specific developments progress. The bank highlighted Vaca Muerta exposure, a near-term asset acquisition for Vista, and YPF’s mix of rising unconventional output and asset sales as …
European new car registrations rose 11.1% year-on-year in March to 1.58 million units, propelled by strong growth in battery-electric vehicles (BEVs) and hybrid electric vehicles (HEVs). BEVs surged 41.7% while hybrids increased 15.3%; petrol vehicle registrations declined 10.2%. Tesla and BYD recorded substantial year-on-year registration gains in…
Disruptions to trade routes and material supplies caused by the war in the Middle East have diverted Chinese yarn demand toward India. Cotton yarn exporters in western India, particularly Gujarat, are operating at full capacity as orders climb sharply, supported by a roughly 7% weakening of the rupee versus the yuan and reduced shipments from other…
Microsoft will commit A$25 billion (US$18 billion) through 2029 to expand its Azure AI supercomputing capacity and data centre footprint in Australia, increase cybersecurity cooperation with national agencies, and fund a large-scale AI skills training programme for Australian workers by 2028. The announcement was made by Microsoft CEO Satya Nadella…
Asian equities lost ground on Thursday, erasing initial advances as persistent U.S.-Iran tensions and renewed risks to oil flows through the Strait of Hormuz overshadowed upbeat technology results and stronger-than-expected South Korean GDP data. Japan's Nikkei and South Korea's KOSPI both retreated from intraday peaks, while broader regional index…
Shares of KakakuCom Inc climbed sharply after reports that Swedish buyout group EQT AB is exploring a takeover of the Japanese shopping and reviews platform operator. The stock advanced 9.2% to 2,316.0 yen, marking a three-month high, while commentary on broader private equity activity in Japan highlighted a wave of dealmaking in the market.
Asian stocks rose in step with Wall Street’s record closes, driven by strong corporate results and tech heavyweight gains, while higher oil prices and renewed shipping tensions in the Strait of Hormuz present an unresolved risk to the rally. Treasuries and currencies were largely steady as investors weighed earnings momentum against supply-driven e…
SoftBank Group is pursuing a $10 billion margin loan secured by its shares in U.S. AI firm OpenAI, according to a Bloomberg News report citing people familiar with the matter. The proposed facility would carry a two-year term with a one-year extension option and comes amid the company's escalating use of debt to fund AI investments, including a $40…
Microsoft examined a potential takeover of AI coding start-up Cursor prior to SpaceX's recent $60 billion agreement, but ultimately chose not to submit an offer. The episode highlights escalating competition for developer-focused AI tools amid heavy investments and cloud commitments by leading AI firms.
Japan has advised private equity firm MBK Partners to stop its proposed acquisition of Makino Milling Machine Co following a review under the Foreign Exchange and Foreign Trade Act. Authorities said Makino’s high-performance machine tools are considered dual-use technologies with potential military applications. The recommendation triggered a sharp…
U.S. equity futures slipped on Wednesday evening following record closes for the S&P 500 and Nasdaq, after a ceasefire extension with Iran was announced. Market optimism was tempered when Iran's Islamic Revolutionary Guard Corps seized two container ships and fired on at least one other vessel in the Strait of Hormuz, pushing oil above $100 per bar…
CSL fell further on Thursday, trading near its lowest level since 2017, after the U.S. Department of Defense removed a long-standing flu vaccine mandate for service personnel. The move intensifies pressure on the company’s Seqirus influenza business and comes amid broader concerns about slowing demand for plasma therapies, rising costs, and repeate…
American Airlines and Alaska Air Group are in preliminary discussions to expand their existing West Coast-focused partnership into closer, revenue-sharing coordination on long-haul international routes. The early-stage talks consider bringing Alaska into American’s transatlantic and transpacific joint ventures with carriers including British Airway…
Tesla CEO Elon Musk confirmed that Terafab, the joint venture between SpaceX, Tesla and xAI, intends to build semiconductors using Intel's 14A manufacturing process. Musk told analysts the 14A node is "not yet totally complete" but should be "probably fairly mature or ready for prime time" by the time Terafab scales up. Intel shares rose in after-h…
SK Hynix reported a dramatic increase in first-quarter operating profit and revenue, driven by accelerated demand for memory products used in artificial intelligence infrastructure. The company said high-bandwidth memory and constrained supply supported sharp price gains over recent quarters and signaled continued price strength ahead.
