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.
29,574 total articles
Taiwan's main index finished the session unchanged, even as a handful of listed companies swung markedly in late trade. Market breadth favored advancers, and energy and precious metals contracts advanced. Currency moves were small, with the TWD little changed against the US dollar and the yuan showing a marginal figure in the report.
Apple asked a U.S. judge for a preliminary injunction restricting two former employees and OpenAI from accessing, obtaining, using or disclosing information Apple says is confidential as part of a trade secrets lawsuit. The company also moved for expedited discovery and depositions of several individuals and corporate representatives as the case pr…
Unions representing workers at BHP’s Port Hedland operations in Western Australia said on Aug 4 that they have not reached agreement on wages with the miner, and will proceed with a planned two-day strike at the world’s largest iron ore export hub on August 8-9. Both sides signalled further talks, with BHP due to put forward an updated proposal at …
Australian lithium stocks rallied after Liontown Resources delivered a more upbeat lithium market outlook at the Diggers & Dealers conference. Liontown led gains following comments from CEO Tony Ottaviano about improving spodumene demand, better operating performance at Kathleen Valley and early work on the company's planned expansion. The optimism…
A six-month standstill that barred Rio Tinto from approaching Glencore lapses this week, but sources close to Rio's leadership say the company is unlikely to renew merger discussions. CEO Simon Trott is focused on simplifying the business into three core divisions, selling assets to free up cash and expanding copper and trading activities rather th…
Toyota raised its full-year operating profit projection to 3.4 trillion yen from 3 trillion yen, citing a weaker yen and marketing gains, even as the company reported a 9% drop in first-quarter operating profit amid weaker sales in China. The automaker also announced a substantial share buyback and a plan to cancel shares.
New launches of sustainable funds have slowed sharply in 2026, with Europe recording a near-record low of new products in the second quarter while dozens of funds closed. Weak returns, investor redemptions and intensified regulatory attention have prompted fund managers to retreat from or reshape sustainability-labelled offerings, with flows favour…
WuXi AppTec's stock climbed sharply after the company reported first-half 2026 revenue of RMB 28.9 billion and net profit attributable to shareholders of RMB 11.08 billion, both well ahead of market expectations. Adjusted non-IFRS net profit rose markedly, the company raised full-year revenue guidance, and declared an interim cash dividend payable …
WuXi AppTec's H shares climbed more than 10% in Hong Kong to trade at their highest level since September 30, 2021, following first-half results that beat expectations. The Chinese contract research and manufacturing services firm reported a 33.7% rise in net profit attributable and a near 39% increase in revenue, driven by broad-based demand inclu…
Sumitomo Chemical shares dropped 3.6% to ¥494.1 on Tuesday after a short-seller report accused its listed subsidiary, Sumitomo Pharma, of materially misstating fiscal 2025 accounts. The wider Japanese market also weakened, with the Nikkei 225 retreating 0.6% following Monday's decline, while investors await the parent company’s first-quarter earnin…
Sumitomo Pharmaceutical's stock dropped sharply after a short-seller report alleged that the company overstated fiscal 2025 results by as much as ¥165 billion through manipulation of trade receivables. The report highlighted a ¥48 billion dividend declared by the firm’s Swiss unit in March 2026 as a point of discrepancy. The attack compounds invest…
Guggenheim Securities has designated Celldex Therapeutics as its leading biotechnology selection, highlighting the commercial promise of the company’s lead candidate, barzolvolimab, in the chronic urticaria market. Analysts kept a Buy rating and a $100 price target while pointing to approaching Phase III topline readouts and additional clinical upd…
Short seller Gotham City Research alleges Sumitomo Pharmaceutical misstated parts of its fiscal 2025 accounts by up to 165 billion yen, highlighting conflicting disclosures about a dividend from its Swiss subsidiary and claiming receivables were manipulated to boost profits. The report coincided with a 3.5%-4% drop in Sumitomo Pharma and Sumitomo C…
SK Hynix and representatives from one of its South Korean unions met for a fifth session of negotiations at the chipmaker’s Cheongju manufacturing complex to discuss a lucrative bonus scheme tied to annual operating profit. The company has proposed paying a large portion of bonuses in stock with restricted sale periods and introducing adjustments i…
Japan Airlines shares fell after the carrier reported a 72% year-on-year decline in operating profit for the April–June 2026 quarter, with results coming ¥12.0 billion under its guidance. Rising operating expenses, driven by elevated jet fuel prices linked to heightened Middle East geopolitical tensions, squeezed margins even as international passe…
Vast, a Chinese artificial intelligence company focused on text- and image-driven 3D model generation, is weighing an initial public offering in Hong Kong. The company is reported to be working with global and domestic banks on a potential share sale, though discussions are ongoing and no final decision has been reached. Vast counts major technolog…
An AI-driven stock selection engine closed out outsized July gains by selling Lincoln National and International Seaways, then redeployed proceeds into HP Inc. and Lockheed Martin. The moves capture realized gains—33.2% and 28.7% respectively—while the model adds new high-conviction names that combine valuation, momentum, and structural demand. The…
U.S. stock index futures inched higher Monday evening as President Donald Trump maintained that talks with Iran were ongoing despite denials from Tehran. The move followed a positive cash session driven partly by a sharp fall in oil prices and rebounds in technology and AI shares. Attention now shifts to a heavy calendar of second-quarter earnings,…
BOA Acquisition Corp. II completed the pricing of its public offering of 12,500,000 units at $10.00 each, raising $125 million. The units are slated to begin trading on the Nasdaq Global Market on August 4, 2026 under the ticker THEOU, with the offering expected to close on August 5, 2026, subject to customary closing conditions. The firm plans to …
SoftBank Group is due to report Q1 FY2027 results on Aug 6, 2026, with a consensus EPS of ¥24.62 on ¥1.96 trillion of revenue. The headline numbers set a low bar, but the company’s reliance on volatile investment gains, recent ARM royalty warnings, and a persistent pattern of post-beat share declines mean the market reaction will depend as much on …
Qantas Airways has agreed to sell its 33.32% holding in Jetstar Japan through a share buyback valued at 8.2 billion yen ($52 million). The Development Bank of Japan will join as a shareholder, while Japan Airlines and Tokyo Century Corporation remain investors. Qantas says the move will let it direct capital back to its core Australian domestic and…
South Korea's headline consumer price index rose 2.8% year-on-year in July, a three-month low and below market expectations of 3.0%. Core CPI, which strips out food and energy, accelerated to 2.6% year-on-year, the largest increase since December 2023. Policymakers warn that elevated commodity prices and solid domestic growth pose upside risks to i…
Bitcoin is trading at $63,518, marginally below the weekly pivot of $63,617, while technicals across daily, weekly and monthly charts all register Strong Sell. A high-confidence Three Outside Down candlestick on the daily chart and additional bearish weekly patterns join momentum indicators that favor lower prices. Short-term oscillators show some …
CXMT Corp (ChangXin Memory Technologies) completed a landmark initial public offering that surged 466% on its first trading day, raising $8.6 billion and briefly becoming China’s most valuable listed company in a single session. The debut knocked global memory incumbents lower, highlighted capacity expansion plans that could double wafer output, an…
Australian Vanadium Limited has entered a non-binding memorandum of understanding with Alcoa of Australia Limited to carry out a scoping-level study evaluating the installation of vanadium flow battery energy storage systems at Alcoa's alumina refinery sites and associated landholdings in Western Australia. The study will consider systems sized bet…
