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.
18,055 total articles
European steel output declined 2.6% year-on-year in April, with some countries posting gains while others saw steep falls. Globally, steel production was down 2% and China’s output fell 3% in April. Policy shifts in the European Union and growing Chinese shipments are among the factors shaping near-term market dynamics. Morgan Stanley remains overw…
Kayne Anderson Capital Advisors' real estate division raised $5.12 billion for its latest opportunistic vehicle, surpassing an initial $3 billion goal and a $4 billion hard close after investors agreed to add capital. The fund will concentrate on student housing, healthcare-related properties including medical offices and senior housing, and select…
Wingtech Technology and a subsidiary have filed a lawsuit in Guangdong province seeking 8 billion yuan ($1.18 billion) in compensation from Nexperia B.V. and five other entities, claiming economic losses. A Shanghai Stock Exchange filing shows a local court has accepted the case. Wingtech, which is the owner of Nexperia, said its ability to exercis…
France will allocate over 1 billion euros to strengthen its domestic quantum computing companies and capabilities, with funds routed in part via an existing military procurement program that purchases from five French firms. President Emmanuel Macron said the next 18 to 24 months are crucial to establishing a European sovereign value chain. The mov…
Shimmick Corporation's shares dropped in pre-market trade after the company priced an underwritten public offering at a price below recent market levels. The infrastructure contractor set the offering at $3.50 per share for 3,730,000 shares, with a 30-day overallotment option for an additional 559,500 shares. Net proceeds are expected to be roughly…
Turkey's financial markets rebounded on Friday after abrupt losses earlier in the week tied to political developments and currency depreciation. The BIST 100 climbed more than 2.5% after a 6% decline the previous day that triggered a trading halt, government bonds traded abroad recovered, banking stocks regained ground and the lira remained at a re…
Shares of Rocket Lab USA, Inc. rose in premarket trading after the company secured a $90 million contract from the U.S. Space Force’s Space Systems Command to design, build, integrate and operate two geostationary satellites carrying the Heimdall optical payload. The award represents Rocket Lab's first satellite production program targeted at geost…
The Reserve Bank of India was a net seller of dollars in March, offloading $9.76 billion after two months of net purchases, as the Indian rupee fell 4% for the month. The currency hit a then-record low of 95.21 per dollar, while the RBI increased its outstanding forward dollar sales and conducted larger gross transactions to manage volatility spark…
Mercedes-Benz said Friday it will bring its urban point-to-point autonomous driving system to Germany beginning late this year. The technology, which has already been launched in China and the United States, is expected to be available in select German cities by the end of 2026, with plans for a broader national rollout in early 2027, Chief Technol…
Torrent Pharmaceuticals posted a 21.9% year-on-year decline in consolidated net profit for the quarter ended March 31, as costs tied to its acquisition of J.B. Chemicals and Pharmaceuticals and rising operating expenses more than offset robust revenue gains across its main markets. Revenue climbed 41.8% while total expenses jumped nearly 60%, leavi…
Sun Pharmaceutical Industries reported a March-quarter net profit slightly above analyst expectations, driven by growth in its specialty therapies franchise. However, rising costs - notably in research and development - pushed expenses sharply higher and compressed core margins, prompting a drop in the company's share price despite the profit beat.
JPMorgan has put Dick’s Sporting Goods on a Positive Catalyst Watch ahead of the retailer’s first-quarter 2026 earnings, lifting comparable-sales and earnings projections above Wall Street consensus. The bank’s note from analyst Christopher Horvers increases Dick’s core comp estimate and turns Foot Locker comps positive, while modeling a significan…
U.S. stock futures were mostly higher on Friday morning as investors monitored media reports about potential talks aimed at ending the conflict in Iran. Major premarket movers included Take-Two Interactive, Workday, Zoom and Estee Lauder, driven by quarterly results, product launch timelines and the end of merger discussions. Chipmakers and quantum…
Goldman Sachs finds that recent US economic indicators have outperformed comparable measures in the UK and Euro area. The US composite PMI has stayed broadly stable since February while the UK and Euro area readings have declined by roughly 4-5 points. The firm links the divergence to uneven growth impacts from the energy shock and also highlights …
April residential construction figures from the Census Bureau point to a housing market that remains resilient overall but shows softness in single-family construction. Multifamily starts provided year-over-year gains that lifted total starts, while permitting and single-family metrics weakened. DA Davidson kept Buy ratings and Top Pick designation…
U.S. equity funds saw a second weekly outflow in nine weeks during the week ended May 20 as investors took profits after a rally and expressed caution about rising inflation and a sharp increase in long-term borrowing costs. LSEG Lipper data show $12.05 billion in net redemptions from U.S. equity funds, while bond and money market funds attracted s…
The Dow climbed to a fresh high while Asian chip shares extended gains after demand signals from Nvidia, underscoring continued investor appetite for AI-related exposure. At the same time, mixed reports on U.S.-Iran negotiations have constrained broader market conviction, leaving U.S. futures largely rangebound. Separately, a set of AI-powered scre…
The dual-class share arrangement disclosed in SpaceX’s IPO filing, which would give CEO Elon Musk outsized voting control, has refocused attention on a longstanding corporate governance dispute. Advocates say stronger founder control shields long-term strategy from short-term market pressures, while opponents argue it concentrates power and can wea…
Barclays says European equities could see a rapid rebound should the Iran conflict be resolved swiftly, but warns of significant downside if disruptions to the Strait of Hormuz persist. The bank frames the relative performance of EU versus U.S. stocks as increasingly dependent on the path of oil prices, noting deteriorating eurozone macro signals a…
The Royal Thai Air Force has ordered two Airbus C295 tactical transport aircraft that will be assembled in Seville, Spain, and operated by the service's 46th Wing Division from Phitsanulok air base. The first of the pair is slated for delivery in the first half of 2029. Thailand already operates three C295s with its Army, and Airbus supports fleet …
Vitrolife AB said its CEO, Bronwyn Brophy O’Connor, will depart to take another chief executive position elsewhere in the medtech industry. The board has accepted her resignation, will start an immediate search with international recruiters and will consider both internal and external candidates. Brophy O’Connor will remain in post for up to 12 mon…
BJ's Wholesale Club reported first-quarter results that outpaced analyst estimates, driven by membership growth, fuel sales and a surge in digitally enabled transactions. Adjusted earnings per share and revenue were ahead of expectations while comparable club sales rose; the company kept its fiscal 2026 adjusted EPS guidance range intact, with the …
JPMorgan has moved to a more cautious stance on several European chemicals companies, lowering ratings on multiple names and revising medium-term earnings expectations. The bank's analysts say a temporary earnings uplift linked to supply disruptions from the Middle East looks to be waning, and that once those gains dissipate, 2027 estimates could b…
Inditex SA is relying on its multi-brand portfolio, broad international footprint and investments in artificial intelligence to sustain growth, Chief Executive Officer Óscar García Maceiras said. Speaking on Bloomberg TV as the company marks 25 years as a public company, García Maceiras pointed to the group's physical presence in 98 countries, onli…
Up Fintech Holding Ltd shares plunged in pre-market trading after China’s securities regulator announced penalties for its Tiger Brokers unit for operating an unlicensed cross-border brokerage on the mainland. The China Securities Regulatory Commission named Tiger Brokers, Futu Holdings and Longbridge Securities and said it would confiscate illegal…
