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.
17,780 total articles
Goldman Sachs initiated coverage of major European online classifieds, assigning Buy ratings to Scout24 and Autotrader while rating Rightmove Neutral. The bank argues widespread concerns that large language models will disintermediate property and car portals have driven valuations down to historically low multiples, but that the technology does no…
Goldman Sachs reduced its rating on Barry Callebaut to Neutral from Buy and trimmed its 12-month price target to 1,210 Swiss francs from 1,280, warning that the firm's new 'Focus for Growth' strategy will take several years to have a meaningful impact. The bank lowered fiscal 2027 and 2028 EPS estimates and signalled limited near-term upside for th…
European equities opened largely unchanged as investors remained cautious amid Middle East tensions and fresh corporate developments. The STOXX 600 edged up slightly while crude slipped after a reported Israel-Lebanon ceasefire agreement. Remy Cointreau jumped on a first-time turnaround plan, and market attention lingered on signs of strain in priv…
British equities opened higher on Thursday as comments from the U.S. administration suggested progress toward an Iran agreement, a tone that helped offset ongoing military escalation in the Gulf. The FTSE 100 reversed the previous session's losses and traded modestly higher, while German and French markets also posted gains. Domestic corporate upda…
Nvidia CEO Jensen Huang returns to South Korea for a follow-up trip less than seven months after his last visit, combining executive meetings with public appearances including a TV talk show and a ceremonial first pitch. The trip highlights growing reliance on South Korean memory suppliers and manufacturing strengths that support both cloud AI and …
European equity benchmarks traded slightly higher after Israel and Lebanon agreed to renew a precarious truce, a development that market participants said could ease energy market strains and influence negotiations between Washington and Tehran. Oil prices fell, sovereign bond yields eased, and semiconductor names showed mixed moves amid AI-driven …
Pershing Square is exiting its position in Universal Music Group following the company’s rejection of a takeover proposal. The hedge fund is placing about 80.6 million shares via a Bank of America-managed sale, while UMG has repurchased part of the stake under a separate authorisation. The move follows UMG’s statement that the takeover approach und…
SK Hynix told investors this week it received highly favorable reactions to its plan to list shares in the United States, citing robust demand for memory semiconductors used in AI data centers. The company, which filed confidentially to list in the U.S. and may raise up to $14 billion, said it expects a supportive pricing environment for high-bandw…
Japan's equity benchmark closed sharply lower Thursday with the Nikkei 225 down 1.35% as losses in Paper & Pulp, Transport and Communication sectors pushed more stocks into the red than advanced. While several heavyweights fell, Tokyo Electron and other industrial names posted gains, and volatility on the Nikkei gauge eased.
U.S. investment firm Castlelake is exploring a partnership with global shipping group MSC as it evaluates a possible takeover offer for British low-cost carrier easyJet. Castlelake has signalled it is in early-stage consideration of an offer above 403.23 pence per share but has not delivered a formal proposal to easyJet's board. Under UK takeover r…
At the India Investment Forum 2026, Morgan Stanley convened senior executives from four leading Indian private banks to discuss growth trajectories, pricing dynamics and asset quality trends. Management teams from HDFC Bank, ICICI Bank, Kotak Mahindra Bank and IndusInd Bank reviewed SME and consumer loan momentum, fee income outlooks, deposit strat…
Australian equities finished lower on Thursday, with the S&P/ASX 200 retreating 1.13% at the close in Sydney. Losses in Metals & Mining, Materials and Gold sectors led declines, while Treasury Wine Estates, Telix Pharmaceuticals and Ampol were among the day’s top gainers. Market breadth favored decliners and implied volatility rose.
U.S. investment firm Castlelake is reportedly exploring a partnership with MSC, the global shipping group, as part of a potential consortium to submit a takeover bid for British low-cost carrier easyJet. Castlelake has indicated it is considering an offer above 403.23 pence per share but has not approached easyJet's board. Under UK takeover rules, …
Executives and industry stakeholders gathering for the International Air Transport Association annual meeting in Rio de Janeiro will confront a sharp rise in jet fuel prices, flight detours tied to the Iran war and growing delivery and engine shortages. The disruptions are squeezing margins, prompting fare increases, route cuts and a reassessment o…
Taiwan equities closed higher on Thursday, with the Taiwan Weighted index rising 0.48% to a fresh all-time high. Strength in Information Services, Plastic manufacturers and Computers & Peripherals shares underpinned the advance, while several individual names recorded double-digit moves in both directions. Commodity and currency markets showed mixe…
Taiwan Semiconductor Manufacturing Company CEO C.C. Wei told shareholders at the company’s annual meeting that demand for computing power and advanced semiconductors tied to artificial intelligence remains strong. Wei said TSMC is working to satisfy customer needs, is investing $165 billion in new Arizona fabs, and warned that fully meeting U.S. cu…
Integrum, the Sweden-based maker of bone-anchored prosthetics, said net sales fell year-over-year in its fiscal fourth quarter. The company recorded non-recurring charges of SEK 15 million that reduced operating profit, reported an EBIT loss of SEK 20 million and an adjusted EBIT loss of SEK 5 million, and completed a record number of S1 surgeries …
Asian semiconductor and artificial intelligence-related equities declined Thursday following a sharp aftermarket drop in Broadcom. The chip designer reported a mixed fiscal quarter - slightly better-than-expected profit but revenue that missed estimates - and left its current-quarter AI chip revenue forecast unchanged at $16 billion, below market h…
The European Union introduced a technology sovereignty package intended to strengthen regional tech providers and curb the dominance of major U.S. cloud players. While it sets guardrails for sensitive public tenders and encourages a rapid expansion of data centres using some European hardware or software, the measures stop short of full self-relian…
Ampol's shares rose after Australia’s competition regulator approved its purchase of EG Australia on the condition Ampol divests 41 service stations. The company has agreed to sell those sites to Metro Petroleum and expects the takeover to close on June 30, paying about A$1.12 billion in net cash after electing to cash-settle the share component. A…
Indonesia’s legislature approved broad new legislation that strengthens the central bank’s role in supporting economic growth and allows lawmakers to evaluate independent financial regulators and Bank Indonesia. Passed by acclamation with unanimous party support, the bill has not yet been published and has prompted investor unease over potential po…
Meta Platforms has repeatedly delayed making its newest AI model available to external developers and currently has no scheduled release date. The postponements have extended to almost two months following an internal comment that a release would come "soon." Meta says it is testing an application programming interface (API) for the model with part…
Foreign companies listing their Indian subsidiaries are predominantly using offer-for-sale (OFS) structures that allow existing shareholders to sell stakes rather than raising new money for the Indian businesses. Data show only one in six foreign-based firms listing since 2024 raised fresh capital; the rest were secondary offerings that returned ne…
Meta has delayed multiple planned rollouts of the Muse Spark AI model API for developers and, according to recent reports, had no scheduled launch date as of Tuesday. The company, however, told Reuters it is testing the API with select early partners and intends to release it this month. Muse Spark, unveiled in April, is the first model in a new Su…
Hyundai Motor, NVIDIA Corporation and the South Korean government are in late-stage discussions to establish an artificial intelligence research and development center in South Korea. The Saemangeum reclamation project on the country's southwest coast is the leading candidate for the site. The planned center would mirror Nvidia's existing R&D facil…
