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
UBS has upgraded BP Plc to a "buy" rating from "neutral" and raised its 12-month price objective to 700p from 650p, citing the arrival of a new chief executive, scope for substantial operating-cost reductions and the prospect of accelerated deleveraging. The bank sets an upside scenario at 900p and a downside scenario at 430p, while outlining finan…
Barclays updated its projections for Mexican stocks under coverage following a strong year-to-date performance by the Mexbol IPC index in U.S. dollar terms. The bank published aggregate expectations for first-quarter 2026 top-line, EBITDA and earnings per share growth, valuation measures, and estimated upside for its covered names, while noting pol…
Formycon AG confirmed its revenue target for fiscal 2025 at 45 million euros while improving its EBITDA outlook and reducing its working capital forecast. The company now expects a reported EBITDA loss of 4 million euros and an adjusted EBITDA loss of 2 million euros, and sees working capital near 70 million euros. Publication of audited results an…
Shares of Sligro dropped 4% after the Dutch food service company said costs tied to its ERP accounting transition will mainly hit results in 2026 and 2027. Analysts described the market response as negative and cut 2026 EBITDA estimates; the company’s first-quarter sales slightly beat year-ago levels but missed consensus.
Fastned reported first-quarter revenue of €39.2 million, a 40% year-on-year increase, driven by a 32% rise in charging volume to 55.6 gigawatt hours and a 6% increase in average selling price to €0.71 per kilowatt hour. The company expanded its network by eight sites and upgraded four others, lifting annualized revenue per station and delivering a …
Sagax AB has lowered its medium-term targets for return on equity and profit growth from property management for the 2026-2030 period, citing altered market conditions and the company's increased size. The dividend policy remains unchanged, and management highlighted the company's historical performance and its current, more conservative capital st…
New data from BNP Paribas indicate a renewed appetite among US investors for equities in China and Hong Kong. Between December and February, US-resident investors routed $14 billion into those markets, lifting total US holdings to a record $466 billion, according to US Treasury data compiled by the bank.
Mitie Group reported fourth-quarter revenue of £1,525 million, beating analyst expectations by 2% and driving full-year FY26 revenue to £5,650 million. The company delivered 6% organic growth, reported 11% growth including M&A, and reiterated its FY26 EBITA target while generating free cash flow above its internal goal.
Gerresheimer shares climbed sharply after an agreement with creditors removed the most immediate threat of insolvency. Nearly all promissory note holders accepted an extension of filing deadlines to September 30, 2026, banking partners offered parallel extensions and key debt covenants have been waived through the third quarter. The company also in…
European equity benchmarks moved higher on Thursday as growing optimism over potential talks in the Middle East improved market sentiment. Investors also continued to digest corporate results across the region. The STOXX 600 gained 0.3% to 618.96 as of 0711 GMT, with France's CAC and London's FTSE 100 rising 0.2% and 0.3%, respectively. Technology …
European equities opened mostly higher Thursday, reflecting a broader rise in global markets as prospects for renewed talks between Washington and Tehran lifted sentiment. Gains were modest across major indexes while diplomatic momentum toward a permanent halt to hostilities coexists with continuing tensions over a U.S. naval blockade and related w…
UK equities opened modestly higher as official data showed February GDP beating expectations, underpinned by gains in services, industrial output and construction. Investors also remained attentive to reports about potential U.S.-Iran ceasefire discussions. Several London-listed companies released results or guidance that reflected both the economi…
Tokyo's equity market finished higher Thursday, with the Nikkei 225 rising 2.48% to reach a new record high. Strength in Real Estate, Banking and Textile sectors supported the advance. Several major industrial names, including Komatsu and Kubota, declined, while Daikin Industries reached a 52-week high. Volatility measures and moves in oil, gold an…
Private equity firm EQT has restarted the process to sell the mainland China operations of contact lens maker Ginko International, seeking a price tag of at least $1 billion. The move follows a previously agreed sale to Advent International that was terminated after the buyer paid a breakup fee and withdrew. EQT's advisers are reaching out to poten…
Australia's equity benchmark ended lower on Thursday, with losses centered in the Gold, Financials and Energy sectors that pushed the S&P/ASX 200 down 0.26% at the Sydney close. Market breadth showed more advancing stocks than decliners, while implied volatility dipped to a one-month low. Commodity prices and currency pairs moved modestly during th…
Circle Internet Group's chief executive, Jeremy Allaire, said there is a "tremendous opportunity" for a yuan-backed stablecoin as digital currencies become more embedded in international trade and finance. He suggested China could introduce such a stablecoin within three to five years. The comments come amid ongoing growth in dollar-backed stableco…
DocMorris AG delivered a 10.7% local-currency increase in first-quarter revenue to CHF318.1m, driven by a sharp rise in German prescription sales and expansion in digital services. Active users rose modestly, adjusted EBITDA improved year-over-year to negative CHF6.3m, and management reiterated full-year 2026 guidance and a path to EBITDA and free …
Fastned BV reported first-quarter 2026 revenues of €39.2 million, a 40% year-over-year increase driven by a 32% rise in charging volume to 55.6 gigawatt-hours and a 6% rise in average selling price to €0.71 per kilowatt-hour. The company widened its European footprint, opened eight new stations, and raised annualized revenue per station to €387,000…
Taiwan's market closed higher on Thursday, with the Taiwan Weighted up 2.37% to a new all-time high. Strength in the Glass, Plastic and Optoelectronic sectors powered gains. Several individual stocks recorded 10.00% moves, while select energy and commodity-related names fell sharply. Oil, gold and currency benchmarks posted mixed changes.
Taiwan Semiconductor Manufacturing Co. reported record first-quarter net profit of T$572.48 billion ($18.15 billion), a 58.3% increase from a year earlier, driven by strong artificial intelligence-related demand. Revenue for the quarter rose 35% to T$1.134 trillion, outpacing analyst estimates of net profit.
Pernod Ricard reported a marginal 0.1% like-for-like increase in organic net sales for the third quarter to March 31, driven by improvements in India and global travel retail. The company said reduced tourism tied to the war in Iran will depress travel retail sales and expects group organic net sales to fall 3% to 4% in fiscal year 2026, despite re…
Trend Micro shares rallied sharply after the Japanese cybersecurity firm said its enterprise unit, TrendAI, will work with Anthropic to incorporate Claude AI models for agentic automation, AI-native security operations and systems to detect vulnerabilities in AI systems. The move coincided with a strong session for the Nikkei 225, which rose to a r…
Staff working for the joint venture between Tesla Inc and SpaceX have approached leading semiconductor-equipment vendors requesting price quotes and delivery schedules for machinery intended for the Terafab foundry. The project, announced earlier by Elon Musk, aims to integrate end-to-end chip design and production to supply AI compute needs for Mu…
Asian equity markets extended gains following record highs on Wall Street, with Japan's Nikkei 225 reaching a fresh record. Strength in technology and chip-related names on hopes for sustained AI demand combined with China's stronger-than-expected first-quarter GDP to support risk appetite, while country-level data produced a mixed picture across t…
Goldman Sachs is keeping Buy ratings on three U.S. utility stocks as the first-quarter earnings season approaches, citing potential capital expenditure announcements, shifts in large-load demand and regulatory dynamics. The bank expects company updates on incremental capex opportunities and load developments that could influence near-term earnings …
