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
Australian AI infrastructure developer Firmus has finalised a $10 billion debt funding arrangement led by Blackstone and Coatue Management to finance the next phase of Project Southgate, its program to build AI training and inference infrastructure including data centres. The project, undertaken with CDC Data Centres and Nvidia, is targeted to reac…
American Airlines CEO Robert Isom has told the Allied Pilots Association he will meet with union leadership as soon as possible after pilots raised concerns about the carrier's handling of a recent January storm and broader operational and strategic issues. The pilots, who represent more than 16,000 fliers, have asked management to present their co…
Samsung Electronics shares rose sharply following a local media report that the company will commence large-scale production of HBM4 memory chips later this month. The report, citing industry sources, said Samsung has passed Nvidia's quality checks and secured purchase orders, with shipments potentially starting as soon as next week after the Lunar…
Kroger is set to appoint Greg Foran, a former architect of Walmart's U.S. turnaround and ex-CEO of Air New Zealand, as its next chief executive, people familiar with the matter said. The move concludes an almost yearlong hunt for a permanent leader after Rodney McMullen left the company amid an undisclosed ethics violation. Foran will inherit a com…
U.S. President Donald Trump publicly congratulated Japan’s newly installed Prime Minister Sanae Takaichi after her coalition won a commanding victory in lower house elections over the weekend. Trump, who had endorsed her before the vote, used social media to express his support for her agenda, which includes proposed tax reductions and stepped-up m…
Japan’s benchmark stock indices opened at record levels after Prime Minister Sanae Takaichi’s Liberal Democratic Party won a commanding majority in lower house elections. The Nikkei 225 surged over 5% to a fresh high, while the TOPIX also set a record. Investors responded positively to promises of expanded fiscal stimulus, tax cuts and infrastructu…
U.S. stock futures rose modestly Sunday evening as markets reacted to a late-week rally led by technology and chip stocks. Investors remain cautious ahead of delayed January employment and consumer price index reports due later this week, while several major companies are scheduled to report quarterly results.
Bank of America analysts expect investor inflows into Japanese equities to resume after weekend lower house election results are confirmed. Polls indicated Prime Minister Sanae Takaichi was poised for a decisive win, potentially securing an absolute majority or even two-thirds of seats. Political clarity, the bank said, would remove a near-term con…
DBS Group’s fourth-quarter net profit declined 10% year-on-year to S$2.36 billion, weighed down by lower interest rates and narrower lending margins despite stronger fee income from wealth management and investment banking. Net interest income fell and net interest margin contracted, while the bank raised its final dividend amid guidance that 2026 …
Anta Sports has accelerated its international expansion through a series of acquisitions, most recently a $1.8 billion purchase of a 29% stake in Puma. Built from a Fujian workshop into a global conglomerate, Anta now controls a leading share of China’s sportswear market and is using brands such as Amer Sports and Puma to extend reach into premium …
The MOEX Russia Index finished the session in Moscow unchanged, with a handful of individual stocks posting notable moves. ROSSETI PJSC was listed among the session's top performers despite an unchanged point move; Bank VTB and Unipro advanced, while Severstal, Aeroflot and MTS were among the decliners. Market breadth favored advancers, and volatil…
The United States will deliver an initial payment toward the billions it owes the United Nations within weeks, the U.S. ambassador to the U.N. said, while reiterating Washington's push for deeper reforms of the world body. The announcement follows a January 28 letter from U.N. Secretary-General Antonio Guterres warning of an acute liquidity shortfa…
Angola is pursuing a 20%-30% ownership stake in De Beers, according to a senior Angolan mining official. The revised target is part of ongoing discussions with neighbouring diamond-producing African states as they consider coordinated positions on ownership and benefits. Angola previously lodged a bid for a majority stake in De Beers in October 202…
Israel's Competition Authority announced plans to impose a 121 million shekel fine on El Al Israel Airlines for what it calls excessive and unfair ticket pricing during the Gaza war. The regulator reviewed fares between October 7, 2023 and May 2024, finding El Al acted as a monopoly on many routes and raised prices by an average of 16%, in some cas…
Morgan McSweeney, British Prime Minister Keir Starmer’s chief of staff, has resigned after acknowledging his role in recommending Peter Mandelson for the post of ambassador to the United States. The appointment has prompted intense criticism of Starmer’s judgment after files revealed Mandelson’s ties to the late sex offender Jeffrey Epstein, a deve…
A selloff concentrated in technology, and software in particular, has kept market participants on edge ahead of a packed calendar of economic reports. While semiconductor shares helped spark a late-week rebound and other sectors such as energy and industrials have gained this year, the heavy weight of tech in major indexes means continued weakness …
Saudi Arabia's stock market finished the trading session higher, with the Tadawul All Share rising 0.25%. Advances were concentrated in Real Estate Development, Agriculture & Food and Energy & Utilities sectors. Market breadth favored rising issues, while crude, Brent and gold futures moved higher and select currency pairs shifted slightly.
Namibia's Ministry of Industries, Mines and Energy has publicly expressed concern that TotalEnergies and Petrobras acquired large offshore positions in the Luderitz Basin without providing the ministry prior notice or securing ministerial approval. The two companies announced on Friday that each had taken a 42.5% stake in the PEL104 exploration lic…
Rising use of GLP-1 appetite-suppressing medications is altering meal choices for a growing share of Americans, prompting food companies and restaurants to introduce smaller portions, higher-protein items and snacks positioned as healthier. Industry executives and analysts say the trend is driving menu changes, product reformulation and renewed att…
Volatility and fresh scrutiny of risk have driven investors away from the mega-cap technology names that led recent gains and toward cheaper, smaller companies. Benchmark divergence intensified as the Dow hit a record while some software giants and speculative assets saw steep pullbacks. Market participants say the shift reflects growing doubts abo…
A senior executive at Zurich private bank Julius Baer has called for Switzerland to adopt a public register of bankers who breached professional duties, arguing it would prevent wrongdoing from moving unchecked between firms and support the country's effort to restore trust following the Credit Suisse collapse. He cited comparable systems in other …
India's Prime Minister Narendra Modi and Malaysian Prime Minister Anwar Ibrahim pledged renewed efforts to strengthen bilateral trade and pursue collaborations across multiple sectors during Modi's two-day visit to Malaysia. The leaders observed the signing of 11 cooperation agreements covering areas such as semiconductors, disaster management and …
This week, major broker notes reshaped sentiment across several AI-related large-cap names. Stifel downgraded Microsoft to Hold, citing Azure capacity constraints, elevated capital spending and intensifying competition from Google and Anthropic. DA Davidson cut Amazon to Neutral, warning that AWS is losing ground and the company may need heavy inve…
Alphabet plans to raise capital expenditures to as much as $185 billion this year, well above market expectations of about $120 billion. Strong performance in search advertising and Google Cloud has given the company room to expand spending, which analysts attribute to growing AI-driven engagement and monetisation. While the move signals confidence…
This week Wall Street firms issued a string of influential ratings changes that shifted investor expectations across consumer electronics, fintech, travel bookings, semiconductors and cloud services. JPMorgan and BofA trimmed coverage on several large-cap names citing cyclical headwinds and product-cycle risks, while upgrades from JPMorgan and Mizu…
