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
Broadcom said it has broadened a multi-year agreement with Meta to design and supply several generations of custom AI processors and connecting Ethernet technology, extending the partnership through at least 2029. The announcement sent Broadcom shares up roughly 3% in premarket trading as the deal includes chips for training and inference, an initi…
Victory Giant is expected to set its Hong Kong share sale at the top of its indicated range, pricing at HK$209.88 per share and raising HK$17.5 billion ($2.2 billion). Sources say the company may also exercise a 15% upsize option that would increase proceeds to about HK$20.2 billion, reflecting solid investor interest despite regional market volati…
Jakarta equities finished lower, with the IDX Composite down 0.43% as losses in Infrastructure, Financials and Agriculture sectors pressured the market. Small-cap winners posted large percentage gains while several stocks fell sharply. Oil, gold and currency moves were modest at the close, and market breadth showed more advancers than decliners.
A Western Australia court has ruled that Hancock Prospecting and joint-venture operator Rio Tinto are required to pay royalties to companies representing the descendants of Peter Wright and Don Rhodes arising from some mines in the Hope Downs iron ore complex. The decision, delivered after a 15-year legal dispute, establishes entitlement to past an…
TeraWulf said it plans an $800 million stock offering to help finance construction at its Hawesville, Kentucky data center and to address other corporate needs. The company also released preliminary first-quarter results that fell short of analyst expectations, and its shares declined in premarket trading.
Advantest Corp (TSE:6857) closed higher after Bernstein upgraded the stock to Outperform and designated it as the broker's Top Pick in semiconductor test equipment. Bernstein cited growing test complexity from expanded Nvidia product lines, Advantest's role in silicon photonics and anticipated strength in ASIC accelerator and SoC tester demand, and…
Schaeffler AG reported first-quarter 2026 results with an EBIT margin of 4.7%, ahead of both Jefferies and consensus expectations. Sales were roughly in line with forecasts, with slight organic growth offset by a reported decline. Free cash flow rose to €155 million versus a much larger negative estimate from Jefferies, and the company reiterated i…
Nufarm has pre-announced first-half fiscal 2026 EBITDA guidance of $236-244 million, consistent with consensus of about $240 million. The update reports net debt of roughly $1.23 billion and leverage of 3.6 times, while management says underlying trading and supply-chain conditions remain normal and cost increases tied to the Middle East conflict h…
Hollywood Bowl Group reported first-half revenue of £141.5 million, up 9.5% year-on-year, with UK revenue rising 9.4% and Canadian sales up 12.8% on a constant currency basis. UK centre like-for-like sales increased 2.6% while Canada centre like-for-like rose 0.5% on a constant currency basis. The group said weather disrupted some Canadian sites, r…
BRK reported third quarter 2026 net flows of £58 million, a sequential improvement from £50 million in Q2 and reflecting 1.3% annualised net flow growth. Results were below RBC's £90 million estimate. While high-margin BPS saw net outflows of £132 million and a 3% quarter-on-quarter decline in funds under management, platform MPS delivered £281 mil…
Kering's stock tumbled after Gucci reported an 8% decline in first-quarter sales, marking the brand's 11th straight quarterly fall. The result, which investors viewed as worse than anticipated, coincides with geopolitical tensions in the Middle East that have affected spending by regional shoppers and limited international travel. The sell-off come…
European stocks were largely unchanged on Wednesday as investors balanced corporate earnings updates with developments in the Middle East. The STOXX index barely moved, while luxury groups suffered notable declines and healthcare stocks outperformed. Renewed diplomatic talks between the U.S. and Iran - potentially restarting in Pakistan - helped pa…
Hermès shares plunged at the open after the company reported that the Iran war curtailed sales in the Middle East and dented tourism-driven purchases in key European luxury hubs. Currency effects and weaker airport and mall traffic cut into reported revenue growth despite continued underlying demand in some regions, notably the United States.
Restrictions introduced by the Reserve Bank of India to calm the rupee have raised the cost and complexity of currency hedging for overseas investors, reducing the attractiveness of Indian government bonds. Simultaneously, a war-driven spike in oil prices and subsequent earnings downgrades have intensified selling pressure on equities. Foreign outf…
European stocks opened mostly flat, with modest gains in Germany and the U.K. offset by losses in France after a key luxury retailer reported weaker sales growth. Investor focus remained on U.S. signals that talks with Iran could resume, ongoing U.S. maritime restrictions on Iran and mixed moves in energy and semiconductor sectors.
Leaders at an investment summit in Hong Kong said private credit is showing contained defaults, with most stress linked to liquidity and interest-rate moves rather than a systemic wave of loan failures. Ares Management's chief executive said there are no signs of an impending major default cycle, while other industry figures highlighted product des…
Japanese equities closed higher on Wednesday, led by gains in Real Estate, Banking and Textile sectors. The Nikkei 225 rose 0.61% at the Tokyo close, with notable moves from BayCurrent Consulting, Taiyo Yuden and Sumitomo Dainippon Pharma. Several industrial and memory-related names recorded the session's largest declines. Volatility and moves in c…
Hermes reported first-quarter revenue of €4.07 billion, an organic increase of 5.6% year-on-year that fell short of analyst consensus and marked a marked slowdown from the prior quarter. The company said the Middle East conflict and softer demand in Asia-Pacific excluding Japan were primary drags, while the Americas delivered robust growth. Currenc…
Great Portland Estates reported robust leasing for the year, securing £70.9m in annual rent across 88 deals and achieving lettings on average 10.3% ahead of March 2025 estimated rental value (ERV). The fourth quarter contributed £24.4m from 28 transactions, with a notable pre-let to Quantexa and completion of the largest development at 2 Aldermanbu…
Frankfurt Airport handled 4.7 million travelers in March 2026, a 2.1% increase year-on-year, according to Fraport. Growth came despite two strike days and sharp declines on Middle East routes related to the Iran war, with stronger demand to Africa and parts of the Far East helping offset shortfalls. Consolidated traffic across Fraport-managed airpo…
Aixtron reported first-quarter orders of €171 million, substantially above analyst expectations, and said optoelectronics accounted for 65% of those orders. The company raised its fiscal 2026 revenue guidance to €560 million ± €30 million and tightened its margin targets, while first-quarter profitability was hit by a one-off personnel charge. Orde…
Australia's equity market closed modestly higher, with the S&P/ASX 200 edging up 0.09% to reach a new one-month high. Gains were concentrated in the gold, information technology and healthcare sectors. Market breadth favoured advancers over decliners and implied volatility fell to a one-month low. Commodity and currency moves were mixed, with gold …
ASML reported first-quarter results that exceeded expectations and updated its 2026 revenue guidance higher, citing increased customer investment to meet rising chip demand driven in part by artificial intelligence and memory shortages. The company said it will expand shipments of its flagship low-NA EUV systems in 2026 and 2027 to address the surg…
Alibaba Group's Hong Kong-listed shares advanced after reports that Alibaba Cloud will raise prices for several distributed denial-of-service (DDoS) protection services beginning July 15. The price adjustments, which vary by product and region, reinforced expectations of stronger monetization from heightened demand for cybersecurity and cloud infra…
Yancoal Australia will purchase an 80% interest in the Kestrel Coal Mine for up to $2.4 billion, paying $1.85 billion in cash up front and as much as $550 million in milestone-linked payments over the next five years. The mine, located in Queensland’s Bowen Basin, produced 5.9 million tonnes in 2025 and is expected to remain operational for about 2…
