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
Sources close to the matter say German medical packaging firm Gerresheimer rejected a takeover approach from U.S. rival Silgan and that discussions between the two companies have ceased. Gerresheimer is reported to be concentrating on resolving accounting irregularities and pursuing a sale of its U.S. subsidiary Centor. Silgan had earlier indicated…
Indonesia's benchmark IDX Composite finished the session unchanged, supported by gains in the Agriculture, Basic Industry and Property sectors. A handful of stocks posted large intraday moves in both directions, while commodity prices and currency pairs showed modest declines and gains respectively.
Kepler Cheuvreux cut its recommendation on German copper producer Aurubis (NAFG:DE) from buy to hold, pointing to constrained short-term upside following a sharp run-up in the stock. The broker also sees adjusted earnings before tax for Q2 2025/26 falling below consensus, while noting that rising metal and sulphuric acid prices could provide suppor…
discoverIE plc reported robust fourth-quarter order growth and improvements in its net debt position in a pre-close trading update for the fiscal year ending March 2026. Q4 orders rose 15% year-on-year on an organic constant currency basis and sales increased 5% in the same period. Full-year orders expanded 5% organically and the company expects ye…
Virbac SA reported first-quarter revenue growth of 7.7% at constant exchange rates and scope, driven by a strong North American performance and solid gains across international markets. The company said volume and pricing supported growth while foreign exchange created a notable headwind. Management left its full-year revenue and margin guidance un…
A muted STOXX 600 was trading narrowly on Friday but remained set to record its fourth consecutive weekly advance as investors held back ahead of a potentially decisive weekend over Middle East tensions. The index was down marginally at 616.71 points as of 0714 GMT while regional markets showed mixed moves. Elevated oil prices and restrictions at t…
European equity markets were largely muted as traders weighed the possibility of renewed in-person talks between the U.S. and Iran. Benchmark indexes showed only minor moves, with energy prices remaining below $100 a barrel and corporate results starting to influence stock-specific action, notably in telecoms and food-delivery related names.
Recent foreign exchange measures introduced by the Reserve Bank of India (RBI) have raised the cost and complexity of hedging rupee exposure for overseas investors, reducing the attraction of Indian government bonds. At the same time, higher oil prices linked to the Iran conflict are eroding corporate earnings prospects, intensifying foreign sellin…
Apple's iPhone shipments in China rose 20% in the January-to-March quarter, the strongest expansion among major smartphone vendors, according to data from Counterpoint Research. The gain lifted Apple to the number-two position in the market, supported by demand for the iPhone 17 series, promotional price cuts and government subsidies, even as total…
Japan's stock market closed lower on Friday, with the Nikkei 225 sliding 1.57% as losses in Paper & Pulp, Transport and Communication sectors pressured the index. Market breadth favored decliners, volatility rose and select large movers produced sharp individual gains and losses. Oil, gold and currency markets recorded modest moves alongside the eq…
SenseTime Group announced a HK$3.25 billion ($415 million) placing of 1.7 billion new Class B shares priced at HK$1.91 each, at roughly an 8.6% discount to the previous close. The issuance, representing just over 4% of existing issued capital, prompted a near-term drop in the stock, which fell as much as 4.8% to HK$1.99 by 02:39 ET (06:39 GMT). Net…
Apple's iPhone shipments in China rose 20% in the first quarter, outpacing peers even as the broader smartphone market in the country declined by 4% from January to March due to supply chain disruptions and higher memory chip prices, according to Counterpoint Research. Huawei also grew modestly, while several domestic brands saw declines.
The International Energy Agency has cautioned that parts of Europe could face physical shortages of jet fuel within six weeks if disruptions in the Strait of Hormuz persist. With roughly three quarters of Europe’s jet fuel supply tied to the Middle East and prices climbing sharply since the outbreak of the U.S.-Iran war in late February, carriers a…
The S&P/ASX 200 closed lower on Friday, slipping 0.09% as declines in the Gold, Consumer Discretionary and Energy sectors contributed to an overall downbeat finish. While a handful of stocks rallied strongly, more issues fell than rose and volatility eased to a one-month low. Commodity and currency moves were mixed, with oil prices lower and a near…
Chinese state media and social platforms have increasingly republished and amplified statements from Taiwanese opposition figures, influencers and retired military officers to mount an information campaign aimed at discrediting Taiwan's Democratic Progressive Party (DPP) and discouraging costly defense buildup. Data from Taipei-based research group…
Uber has agreed to acquire roughly 4.5% of Delivery Hero for about €270 million, purchasing shares from Prosus at €20 apiece. The transaction is part of Prosus’s move to shrink its holding following regulatory constraints tied to its takeover of Just Eat Takeaway. After the purchase, Uber is expected to own about 7% of Delivery Hero; the company ca…
Taiwan's stock market finished higher on Friday, led by strong performances in the Machinery, Optoelectronic and Electronic Parts/Components sectors. The Taiwan Weighted rose 1.17% to close at a fresh all-time high. Several individual stocks posted double-digit percentage moves, while commodity and currency markets showed mixed action.
Manycore Tech Inc, a Hangzhou-based spatial artificial intelligence company, opened trading in Hong Kong with a dramatic rally after an IPO that was oversubscribed by roughly 1,591 times. Shares jumped as much as 171% from the initial offer price, trading near HK$18.40 by midday after pricing at HK$7.62. The company sold about 160.6 million shares …
Following the recent China Medical Equipment Fair (CMEF), Morgan Stanley identified five China-listed medical device companies it views as leaders based on product pipelines and commercialization approaches. The note emphasizes shifts toward AI-enabled services and consumables, expanded robotics portfolios, new regulatory approvals, and platform-le…
Sweden’s Ericsson posted first-quarter adjusted operating profit below analyst expectations, attributing the shortfall to rising semiconductor costs tied to AI demand and softer sales in North America. The company reported lower-than-expected sales but retains significant U.S. exposure after a major AT&T contract.
Shares of Taiwan Semiconductor Manufacturing Co. retreated in Taipei trading after a run of record highs and the company’s announcement of record first-quarter profit for 2026. Investor profit-taking combined with worries about supply disruptions for specialty chemicals from the Middle East and possible capacity constraints weighed on the shares, e…
Malaysia’s economy expanded 5.3% in the first quarter on a year-earlier basis, according to official advance estimates, marking a moderation from the 6.3% growth recorded in the previous quarter. Growth was supported by continued strength in manufacturing, services and construction, but mining and quarrying output fell amid lower crude oil and natu…
Honda plans to stop production at one gasoline-powered joint-venture plant in China in June and may suspend a second plant in 2027, a move that would cut Honda's petrol car capacity in China roughly in half and form part of a wider restructuring tied to an EV pivot. The company cites a steep sales decline in China and faces growing competition from…
Sanrio Co Ltd has suspended a managing director following an internal probe that determined the executive received improper compensation amounting to 'several hundred million yen' from a subsidiary they oversaw. The announcement sent shares down as much as 4% before some recovery. The company has engaged an independent organization to support a dee…
A proposed class action filed in a U.S. district court in Massachusetts contends that Circle Internet Group did not act to stop the transfer of roughly $230 million in USDC after the Drift Protocol was exploited for about $280 million on April 1. Plaintiffs say Circle both could and should have frozen the assets as they moved across blockchains via…
