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.
20,606 total articles
UBS lowered its rating on Schaeffler to sell from neutral, saying investor enthusiasm for the company’s potential in humanoid robotics has outpaced fundamental support. The broker raised its 12-month price target to €8.30 but noted that this remains below the stock’s recent closing level. UBS argues that market assumptions ascribe about €3 billion …
Citigroup strategists reported a moderate pickup in new long positions in S&P 500 futures last week, while positioning in Nasdaq 100 and Russell 2000 futures stayed near neutral. European bank futures have become extended, raising the chance of short-term profit-taking, and positioning in FTSE and DAX futures has ebbed. In Asia, flows were mixed, w…
JPMorgan has reweighted its coverage of European oil and gas producers, upgrading Galp to Overweight and downgrading Repsol to Neutral. The bank's analyst points to a strategic shift toward longer-term oil longevity, favouring Galp’s low-cost upstream growth options in Brazil and Namibia and expected free cash flow from the Bacalhau project. Repsol…
Plus500 Ltd said it has launched event-based contracts on its U.S. retail trading platform, Plus500 Futures, offering U.S. customers access to regulated prediction markets supplied by Kalshi Exchange. The announcement coincided with a 7.5% rise in the company's London-listed shares. Trades will be cleared through the firm’s full clearing membership…
Swatch Group has put forward Andreas Rickenbacher as a candidate for its board at the annual general meeting on May 12. The nomination arrives while the Hayek family, which controls the company, faces pressure from activist investor GreenWood Investors requesting board representation for bearer shareholders. The current board of seven is heavily re…
Indonesia's benchmark IDX Composite Index closed up 1.86% on Tuesday, supported by advances in the Financials, Infrastructure and Agriculture sectors. Market breadth favored gainers by a wide margin. Several individual stocks posted large intraday moves on both the upside and downside. Commodities and currency markets showed modest shifts, with cru…
The 10th Singapore Airshow began as more than 1,000 firms converge on the city-state to discuss fleet expansions and defence sales amid persistent supply chain bottlenecks. Organisers hope a new space summit and steady regional passenger growth will lift attendance and deal activity, even as manufacturers and engine makers work to catch up with dem…
European stock indices moved higher on Tuesday as precious metals recovered from a brief selloff and Wall Street ended firm overnight. Investors focused on quarterly results from major European firms, led by strong cash flow and dividend news at a large French advertising group, while macro data and central bank expectations kept the outlook balanc…
Market researcher Worldpanel by Numerator reported that UK grocery inflation fell to 4.0% in the four weeks to January 25, down from 4.3% in the prior report. The data shows rising grocery sales in value terms but a reduction in volumes once inflation is stripped out. Own-label products accounted for more than half of grocery spending as shoppers p…
Tokyo's benchmark Nikkei 225 closed sharply higher, rising 3.97% to a fresh all-time high as gains in real estate, banking and textile sectors drove broad market advances. Several heavyweights posted double-digit percentage increases, while a handful of industrial and transport-related names posted notable declines. Volatility measures and mixed co…
Anta's cash offer of 35 euros per share for Artemis' 29% holding in Puma included an anti-embarrassment clause that commits the buyer to pay an additional, formula-based amount if a higher bid or a take-private offer appears within 15 months of closing. The guarantee helped bridge an initial valuation gap, enabling Artemis to sell the stake as it r…
Australian equities closed higher on Tuesday, with the S&P/ASX 200 advancing 0.89% as gains in the Gold, IT and Metals & Mining sectors underpinned the session. A small group of large movers drove much of the action: DroneShield, Newmont Corporation DRC and L1 Long Short Fund were among the top performers, while Neuren Pharmaceuticals, Contact Ener…
Documents and interviews show major consulting firms operating in China have pursued or carried out work that tests the boundaries of Western sanctions and Beijing’s restrictions on foreign involvement in sensitive sectors. Examples include a China office contract to assist a sanctioned Russian bank with local licensing and regulatory work, a pitch…
Indian stock benchmarks opened sharply higher on Tuesday following an announcement that the United States and India reached a trade accord reducing U.S. tariffs on Indian exports to 18%. The move lifted sentiment across equity markets and strengthened the rupee, though investors warned that the impact will hinge on implementation details.
SiTime is reported to be close to purchasing Renesas Electronics' timing division in a deal that could value the business at roughly $3 billion, according to people familiar with the matter. The transaction, which would be the largest acquisition to date for Silicon Valley-based SiTime, remains subject to ongoing negotiations and could still fall t…
Tesla has listed a new all-wheel drive variant of its Model Y in the United States, alongside a higher-priced premium version. The base AWD model appears on Tesla's website at $41,990, while the premium trim is priced at $48,990 and includes interior and suspension upgrades, front and rear lightbars, and slightly improved claimed range and performa…
Eastroc Beverage's Hong Kong listing began with shares matching the HK$248 offer price, valuing the company at about HK$166.39 billion. The Chinese energy drink maker raised HK$10.14 billion ($1.3 billion) through the sale, with substantial oversubscriptions in both the retail and international tranches. Proceeds are earmarked for capacity expansio…
SoftBank Corp's unit Saimemory and Intel Corporation have agreed to collaborate on commercializing a new memory architecture called Z-Angle operation memory technology. The partners said the work targets memory chips that combine high capacity, high bandwidth and reduced power consumption, intended for use in artificial intelligence data centers. T…
M EVO GLOBAL ACQUISITION CORP II completed an initial public offering that generated $300 million by selling 30 million units at $10 apiece, including the full exercise of a 3 million-unit over-allotment. Units began trading on NASDAQ under the symbol MEVOU on January 30, 2026. Each unit is composed of one Class A ordinary share and one-half of a r…
NRW Holdings has been awarded a bulk earthworks contract from Rio Tinto valued at about A$175 million for the West Angelas Sustaining Project, prompting a near 7% rise in its shares. The Sydney-listed contractor also reported additional civil and port-related contract wins, with work expected to begin in early 2026 and extend into 2027.
A U.S. federal judge in Washington, D.C. has stopped the Department of Homeland Security from terminating Temporary Protected Status (TPS) for roughly 350,000 Haitians, preventing an administration plan that would have made them eligible for deportation while the country faces severe violence and displacement.
Google Cloud and Liberty Global have entered a five-year strategic agreement to deploy Google’s Gemini AI models and related cloud technologies across Liberty Global’s European cable operations. The pact intends to introduce AI-driven features to consumer services such as Horizon TV search and discovery, automate customer service, broaden device di…
OpenAI CEO Sam Altman affirmed the company’s desire to remain a large, long-term customer of Nvidia, responding to reports that OpenAI had been unhappy with some of Nvidia’s newest AI chips and had explored alternatives since at least 2025. The comments follow reporting on a stalled $100 billion investment pact and subsequent vendor deals by OpenAI…
Moody's upgraded Twilio Inc.'s corporate family rating to Ba1 from Ba2 and maintained a stable outlook, pointing to expected revenue, EBITDA and free cash flow expansion alongside conservative financial policies. The rating agency highlighted Twilio's market positions in communications platforms, improved margins and substantial cash balances, whil…
Moody's has upgraded OUTFRONT Media Inc.'s Corporate Family Rating to Ba3 from B1, lifted its Probability of Default rating and moved a subsidiary's unsecured notes higher, while keeping secured facility ratings unchanged. The agency expects leverage to fall into the low 4x range over the next 12-18 months on strong revenue and EBITDA growth and hi…
