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
Asian equity markets showed a split performance as South Korea's KOSPI surged to an all-time high on strength in AI-linked chipmakers, while broader regional advances were restrained by geopolitical uncertainty related to U.S.-Iran tensions and an approaching ceasefire deadline. Major Japanese indices rose, mainland Chinese benchmarks slipped modes…
Activist investors are increasingly committing to Japan for the long term, encouraged by recent tactical wins and a regulatory environment that favours corporate reform. U.S.-based Elliott Investment Management has been prominent, registering stakes in companies such as Daikin and Mitsui OSK Lines, and reaching a negotiated outcome with Toyota Indu…
John Ternus, a 25-year Apple veteran and hardware engineering specialist, will take over as Apple's CEO on September 1. Known for exacting attention to product detail, Ternus favors leveraging technology to build outstanding devices rather than shipping technologies for their own sake. His approach contrasts with large software companies' aggressiv…
An AI startup associated with Jeff Bezos is reportedly close to securing roughly $10 billion in new capital at a valuation of $38 billion. The firm, Project Prometheus, is pursuing technology aimed at engineering and manufacturing applications, and has drawn interest from investors including JPMorgan and BlackRock, with the round expected to close …
Jeff Bezos’ artificial intelligence venture, operating under the name Project Prometheus, is reportedly nearing a fundraising round that would add about $10 billion at an implied valuation near $38 billion. The financing would follow an earlier $6.2 billion raise and has drawn interest from large institutional investors, while the company also seek…
Asian equities moved higher in early trade as reports suggested Iran might send representatives to peace discussions in Pakistan, while investors monitored Kevin Warsh's Senate confirmation hearing to lead the Federal Reserve. AI-related demand continued to underpin risk appetite even as concerns lingered over fragile U.S.-Iran relations and oil-fl…
South Korea's KOSPI index climbed to an all-time high, led by gains in chipmakers. SK Hynix topped the list of contributors after announcing mass production of a memory module for advanced AI processors by NVIDIA, while Samsung Electronics also gained. Broader market sentiment was helped by hopes for renewed U.S.-Iran peace talks ahead of a looming…
Rio Tinto reported higher first-quarter iron ore production and modest sales gains despite tropical cyclone disruption in Western Australia that reduced shipments by about 8 million tonnes. The miner said improved mine productivity drove overall production up 12% to 82.8 million tonnes, with Pilbara output rising 13% to 78.8 million tonnes. Managem…
New Zealand's consumer price index held steady at 3.1% year-on-year in the first quarter of 2026, remaining above the Reserve Bank of New Zealand's 1% to 3% annual target range. Stats NZ reported the reading on Tuesday, noting that rising electricity and petrol costs were the main contributors. On a quarterly basis, CPI accelerated to 0.9%, with un…
U.S. equity futures showed only minor movement Monday evening after major indexes finished modestly lower as investors weighed heightened U.S.-Iran tensions and an approaching ceasefire deadline. Oil prices jumped and geopolitical uncertainty dominated sentiment ahead of planned talks in Islamabad and a key Federal Reserve confirmation hearing, whi…
BlackBerry Ltd saw a sharp rise in its share price following an announcement that its QNX software unit has entered a deeper collaboration with Nvidia's IGX Thor computing platform to develop safety features for edge-case artificial intelligence systems. The move builds on an earlier mid-2025 initiative between QNX and Nvidia aimed at autonomous ve…
General Motors disclosed that Sterling Anderson, its newly appointed head of product, received a recruitment package that could total $40 million. Hired last year from autonomous-trucking firm Aurora, Anderson was paid $16 million in his first year and may earn another $24 million across this year and 2027 if he remains with GM and meets set perfor…
Members of the South Texas Environmental Justice Network plan to stage a protest at the main entrance to SpaceX’s Starbase facility in Boca Chica on Tuesday, timed with three days of meetings and site tours for Wall Street analysts ahead of the company’s anticipated IPO. The group’s co-founder has lobbied municipal pension officials to avoid invest…
Apple has announced that John Ternus, the company's senior vice president of hardware engineering, will succeed Tim Cook as CEO on September 1. A 2001 hire who rose through product design and hardware engineering ranks, Ternus has overseen teams responsible for the iPhone, iPad, Mac, Apple Watch and AirPods, and led a major iPhone revamp launched l…
Tesla has settled a wrongful death lawsuit tied to a 2018 crash in Florida that killed a teenage passenger and the teenage driver. Court records show Tesla was removed as a defendant just before a trial set to begin, leaving the driver’s estate as the remaining defendant. Key details of the settlement were not disclosed, and court filings and recor…
Apple said on Monday that Chief Executive Officer Tim Cook will step aside after nearly 15 years leading the company, moving into the role of executive chairman on September 1. Hardware chief John Ternus will succeed Cook as CEO. The announcement coincided with a roughly 1% decline in Apple shares in after-hours trading and heightened investor focu…
Moscow stocks finished higher on Monday, driven by gains in the Oil & Gas, Power and Mining sectors. The MOEX Russia Index climbed 1.14% at the close, while mixed performance among individual names left some miners and smaller banks at multi-year lows. Commodities moved unevenly, with crude rising and gold slipping, and implied volatility on MOEX o…
Snap Inc. announced that Chief Financial Officer Derek Andersen will step down to pursue a new opportunity, with his final day expected to be May 8. The company plans to promote Doug Hott, currently Vice President of Finance, Strategy, and Corporate Development, to the CFO role. Hott has previously served as Vice President of Finance and holds adva…
A federal jury in North Carolina awarded $5,000 to a woman who said she was sexually assaulted by a driver she had booked through the Uber app. The decision follows the start of a trial on April 14 and comes amid thousands of related lawsuits consolidated in federal court; an earlier bellwether in Arizona produced an $8.5 million award.
Alaska Air Group has rescinded its full-year profit-per-share guidance for 2026 as surging jet fuel prices linked to recent military actions and supply disruptions sharply increase operating costs. The airline reported that volatile fuel markets and uncertainty tied to the conflict have made it impossible to reliably forecast future results. Manage…
MSCI announced it will maintain existing limits on Indonesian securities in its global indexes for the May review cycle while it evaluates recent market transparency reforms introduced by Indonesia. The index provider said it is scrutinizing the scope, consistency and effectiveness of newly available data sources and regulatory actions from the cou…
Stifel has reaffirmed a Buy rating and a $250 price objective on Texas Instruments (TXN) as the company approaches its quarterly earnings release. The firm expects revenue to modestly exceed its $4.50 billion estimate and projects GAAP EPS of $1.35. Stifel highlighted supportive macro indicators and strength in aerospace and defense, and flagged th…
Apple announced that Tim Cook will move into the role of executive chairman and that John Ternus, currently senior vice president of Hardware Engineering, will assume the chief executive role on September 1, 2026. The board unanimously approved the leadership change. Apple shares fell just over 1% after the market close on Monday.
Democratic members of the Senate Banking Committee released a report raising doubts about Kevin Warsh's plan to divest financial holdings before his expected confirmation hearing on Tuesday. The report says Warsh has not provided essential details about how and to whom he will sell assets, noting some holdings may be difficult to divest and that a …
U.S. stocks finished lower after Monday's close, driven by declines in the Utilities, Healthcare and Consumer Goods sectors. The Dow Jones Industrial Average was essentially flat, while the S&P 500 and Nasdaq Composite both ended the session modestly lower. Individual large-cap winners included Salesforce, JPMorgan Chase and Cisco, while 3M, Procte…
