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.
25,383 total articles
Barclays has downgraded Siemens Energy AG to an "underweight" rating from "equal weight" while lifting its price target to €130 from €110. The bank warns that the company’s €145 billion market capitalisation appears to assume permanently elevated, peak-cycle economics even as it models strong earnings and revenue growth through 2028 and beyond. Bar…
Kuaishou Technology sank 10.7% to HK$41.06 on Tuesday after Tencent sold a large parcel of Kuaishou Class B shares. The transaction - 273 million shares at HK$43.25 each - generated roughly $1.5 billion in proceeds for Tencent, and cut its stake from about 15.68% to around 9.37%. The sale, representing roughly 7.5% of Kuaishou’s issued shares, drov…
Australian equities closed lower on Tuesday, with the S&P/ASX 200 slipping 0.31% as losses in the Gold, Metals & Mining and Materials sectors outweighed gains in select stocks. Volatility eased modestly, while commodity markets showed mixed moves with gold down and oil higher. Market breadth favored decliners over advancers at the Sydney close.
Synopsys is ending new development of certain manufacturing process control and analytics tools, including the Equipment Engineering System (EES) and Fault Detection and Classification (FDC), and will limit its role to honoring maintenance obligations, several sources said. The change follows internal reallocations toward higher-margin AI design of…
A team that previously trialled age-assurance tools for Australia’s government says social media platforms are failing at the first step of age checks, leaving a national ban designed to block under-16s from accounts effectively undermined. The researchers opened 50 accounts after the law took effect and say none were asked to provide proof of age,…
ABG Sundal Collier reported second-quarter revenue of NOK 727 million, a 27% increase year-on-year, and diluted EPS of NOK 0.24 versus NOK 0.18 a year earlier. The Norway-based investment bank attributed the rise to robust capital markets activity across the Nordic region, including record high-yield debt issuance and more IPO listings. The firm sa…
South Korea's main index plunged sharply, activating a sell-side circuit breaker after a steep decline driven by heavy selling in technology and memory-chip stocks. The rout followed Samsung Electronics' blockbuster profit guidance, as investors took profits and reassessed elevated valuations across the AI supply chain.
Morgan Stanley moved to double-upgrade Saab AB to overweight from underweight and raised its price target to SEK 700, citing recent contract awards and a steeper earnings-upgrade path. At the same time the bank downgraded Kongsberg Gruppen ASA to underweight from equal-weight, cutting its target to NOK 330 and pointing to revenue shortfalls relativ…
Taiwan's benchmark closed slightly higher, with the Taiwan Weighted up 0.08%. Gains in the Chemicals, Textile and Transport sectors underpinned the advance, while several individual stocks swung by double-digit percentages. Commodity and currency indicators showed mixed movement, with crude and Brent oil higher and gold futures lower.
Saipem’s Indonesian unit, in partnership with PT Tripatra Engineers and Constructors, has secured a contract of approximately $2 billion to deliver a Floating Production, Storage and Offloading (FPSO) vessel for the Kutei North Hub Field Development Project in the Kutei Basin, East Kalimantan. The scope runs from project management and detailed eng…
Morgan Stanley upgraded Kion Group AG to overweight from equal-weight and increased its price target to €62 from €48. The broker argues Kion's shares appear priced for a worse earnings outcome than it anticipates, pointing to upside under a bull case and limited downside in a bear case. The call rests on a combination of improving European cyclical…
SK Hynix will move U.S. dollar proceeds raised via its American depositary receipt offering into South Korea by about July 15, converting part of the funds into won. A small tranche is expected to hit domestic accounts on the 15th, with the balance likely to come into the market through foreign exchange forward and spot transactions during July and…
WiseTech Global has appointed independent director Raelene Murphy as chair with immediate effect while founder Richard White steps down from the chair role but stays on as an executive director and chief innovation officer. The change follows media scrutiny and a board review into allegations concerning White that were investigated with external le…
Cochin Shipyard Ltd. shares tumbled after the government launched an Offer for Sale (OFS) of up to 5.04% of its equity at a floor price of ₹1,400 per share. The institutional tranche opened for non-retail investors immediately, with a retail window scheduled for July 8, 2026, prompting an early-market supply shock and a sharp intraday decline.
U.S. President Donald Trump plans to inform Turkish President Recep Tayyip Erdogan that Turkey will be allowed back into the F-35 stealth fighter program, according to a New York Times report citing four senior administration officials. The announcement comes as Trump travels to Ankara for a NATO summit and follows long-running tensions sparked by …
Japan recorded a 1.4% year-on-year increase in real wages for May, the fifth consecutive monthly rise, according to government data. The pace of real wage growth eased from April as consumer inflation accelerated, driven by higher energy costs and the wider geopolitical shock noted in official commentary. Nominal earnings climbed 3.2% to 311,165 ye…
Asian semiconductor equities fell sharply after Samsung Electronics reported blockbuster quarterly results but failed to convince markets that the surge in AI-related profits will sustain lofty valuations. The pullback rippled through the memory supply chain, amplified by trading in single-stock leveraged ETFs and leaving benchmark indices notably …
Asian equities fell as investors weighed whether future earnings can support lofty valuations linked to artificial intelligence spending. Semiconductor stocks and AI hardware suppliers led declines despite Samsung Electronics reporting another quarter of record operating profit, with selling spreading across South Korea, Japan and Taiwan. Markets n…
Smartphone shipments in China dropped 13% year-on-year during the month-long 618 shopping period, Counterpoint Research data show. Rising memory costs tied to a rapid AI infrastructure build-out limited vendors’ ability to discount devices, resulting in smaller and narrower promotions. Huawei was the lone major brand to grow sales, while Honor and …
Meta Platforms disclosed in a court filing that four states are pursuing roughly $1.4 trillion in penalties, a figure the company says is unsupported by evidence. The amount was presented in response to sealed filings from state attorneys general and comes as an August trial in Oakland will consider claims the company engineered Facebook and Instag…
Nextage stock fell 8.0% to ¥3,800 after the used-car retailer posted stronger-than-expected first-half operating profit and raised its full-year guidance. The decline reflects profit-taking by investors after the shares had already rallied near a 52-week high, rather than any negative corporate developments.
Iran’s Islamic Revolutionary Guard Corps reportedly fired at least two missiles at commercial vessels transiting the Strait of Hormuz, damaging two ships without causing casualties, U.S. and U.K. sources said. One tanker was struck on the port side near the Gulf of Oman and experienced an engine-room fire, according to maritime authorities and medi…
Asian equities eased Tuesday even after Samsung Electronics projected an astonishing 19-fold rise in second-quarter operating profit. South Korean stocks fell sharply, Japan’s Nikkei retreated, and the yen stayed close to 40-year lows with traders debating the likelihood of Japanese intervention. Energy and metals moved modestly while U.S. indexes …
Several of the country's biggest banks have held early-stage talks about buying a debit-card network owned by Fiserv, a move that could let them route transactions internally and avoid interchange fee caps set under the Durbin Amendment, people familiar with the matter said. Discussions are tentative and some banks have decided not to proceed.
Wisetech Global shares climbed sharply after Richard White, the company’s billionaire co-founder, resigned as Executive Chair. Investors reacted positively to the board-level change amid a string of personal conduct allegations that had weighed on sentiment and the share price for months. White remains the company’s largest shareholder and will con…
