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.
30,178 total articles
Wix.com reported fourth-quarter revenue of $524.3 million, up 14% year-over-year and effectively in line with the Bloomberg Consensus average estimate of $527.9 million. The company delivered stronger-than-expected non-GAAP operating income and adjusted gross profit, reported solid bookings growth, and provided 2026 guidance that includes mid-teens…
Multiple media reports indicate OpenAI is exploring a contract to deploy its artificial intelligence technology on NATO networks, with initial comments suggesting classified deployments that were later clarified as unclassified. The development follows OpenAI's recent agreement to place its systems on the U.S. Defense Department's classified networ…
Taiwan equities ended Wednesday under pressure, with the Taiwan Weighted index falling 0.90% as declines in the Plastic and Rubber sectors weighed on the market. Several small-cap names recorded double-digit percentage moves in both directions, while commodity and currency markets saw modest gains for oil and the US dollar.
ING Research reports that European construction companies are well positioned to expand margins further as labour shortages and rising demand tighten capacity, allowing greater pass-through of higher costs. While EBITDA margins for a panel of large firms have improved since 2018, they remain below levels seen in 2007-2012. ING cautions that higher …
Lin Junyang, who led Alibaba Group’s Qwen artificial intelligence model division, announced he was stepping down on Wednesday, becoming the third senior executive tied to Qwen to leave this year. The exits coincide with a rapid increase in monthly active users after recent product releases and come amid a broader market selloff that weighed on Alib…
OpenAI is reported to be evaluating a contract to install its artificial intelligence systems on NATO's unclassified networks, according to a person familiar with the matter. The discussions come days after OpenAI reached an agreement to deploy its technology on the U.S. Department of Defense's classified network. A company comment clarified earlie…
Alibaba Group shares fell sharply in Hong Kong trading after Junyang Lin, the technical lead for the company's Qwen AI models, announced he was stepping down in a brief post on X. The move came one day after the rollout of a new set of smaller Qwen models and was followed by Alibaba becoming one of the largest drags on the Hang Seng index.
Australian equities finished lower after Wednesday trading in Sydney, with the S&P/ASX 200 retreating 1.94%. Losses were concentrated in the Gold, Metals & Mining and Materials sectors. Market breadth was weak, the volatility gauge for the ASX 200 rose sharply, and key commodity prices and currency crosses moved higher or lower as noted.
Negotiations to inject fresh capital into Raizen have broken down after co-owners and interested investors could not align on terms. Shell had signalled a commitment to contribute 3.5 billion reais and anticipated another investor would match that amount, but Cosan said it could not provide equivalent support and private equity parties declined to …
Shares of Samsung Electronics fell sharply after a report citing multiple people familiar with the matter said mass production at the company’s Taylor, Texas semiconductor plant has been delayed, with a meaningful ramp-up now expected in early 2027 instead of later this year. The company said preparations for mass manufacturing are expected to be c…
Asian markets moved sharply lower as heightened worries about the U.S.-Iran conflict and its potential inflationary effects drove investors away from risk assets. South Korea's KOSPI plunged as much as 11% and trading was halted, while major Chinese and Hong Kong indexes retreated after mixed purchasing managers index data. Australian equities fell…
Discussions over a multi-billion dollar investment that would have made Blackstone the largest shareholder in New World Development have slowed after the Cheng family resisted surrendering control. The proposed structure called for roughly $2.5 billion from Blackstone into a special-purpose vehicle and a family contribution of $1 billion to $1.5 bi…
South Korea’s KOSPI fell sharply over two sessions, sliding 8.1% on Wednesday to 5,322.93 points and triggering a 20-minute trading halt under a sell-side circuit breaker. The decline followed a 7.2% fall on Tuesday as investors, citing heightened geopolitical risk from the U.S.-Iran war and concerns over energy-driven inflation, engaged in heavy p…
Goldman Sachs’ departing chief legal officer, Kathryn Ruemmler, will testify before the U.S. House Oversight Committee after Justice Department documents revealed she accepted gifts from Jeffrey Epstein and provided him advice on responding to media inquiries. Ruemmler has denied wrongdoing and said she had no knowledge of any ongoing criminal acti…
Goldman Sachs CEO David Solomon told a Sydney business summit that financial markets have so far reacted surprisingly calmly to the widening conflict in the Middle East, but it may take a 'couple of weeks' for investors to fully assess short- and medium-term implications. He noted markets often remain muted to geopolitical shocks unless growth is d…
U.S. officials are examining whether Tencent should be permitted to retain its equity in several prominent videogame companies. The discussions focus on potential security concerns tied to Tencent's holdings in Epic Games, Riot Games and Supercell, and form part of a prolonged review by the Committee on Foreign Investment in the United States (CFIU…
Senior administration officials have invited executives from major U.S. defense firms to a White House meeting to push for accelerated weapons production as the Pentagon works to rebuild inventories depleted by recent operations, including strikes on Iran. A preliminary supplemental budget request of about $50 billion is being prepared to finance r…
DBS Group said its China unit has been granted a principal underwriting licence from China’s National Association of Financial Market Institutional Investors (NAFMII), enabling it to lead-manage non-financial corporate bond issues in the country’s interbank bond market. DBS highlighted its dominant role in 2025 panda bond issuance and noted prior s…
U.S. equity futures declined Tuesday evening following broad losses on Wall Street as a widening conflict involving the U.S., Israel, and Iran entered its fifth day. Investors are increasingly worried that a protracted confrontation could push energy prices higher, feeding global inflation and complicating central bank policy. Attention also turned…
GalaxyEdge Acquisition Corp has priced an initial public offering of 10 million units at $10.00 per unit, generating $100 million in gross proceeds. Each unit comprises one ordinary share and a right to receive one-fourth of a share upon completion of an initial business combination. The units are expected to begin trading on the New York Stock Exc…
Defense contractors are preparing to excise Anthropic's Claude AI from projects tied to the U.S. military following a federal agency-wide ban announced by President Donald Trump and a subsequent Department of Defense pronouncement that labeled the company a national security supply chain risk. Legal specialists say the administration's legal footin…
CrowdStrike on Tuesday projected fiscal 2027 revenue that exceeds analysts' consensus, pointing to persistent demand for its AI-driven cybersecurity offerings. The company also raised first-quarter revenue guidance and reported fourth-quarter results that beat estimates, while noting elevated but narrowing costs tied to a July 2024 Windows outage. …
Shell's Brazil unit has committed to invest 3.5 billion reais ($667.84 million) in Raizen, the sugar and ethanol producer that has posted consecutive losses and rising net debt. The investment is intended as part of a broader recapitalization plan, with Shell expecting another shareholder to provide an equivalent sum. Company leaders say a potentia…
Lockheed Martin Rotary and Mission Systems has been awarded a $1.9 billion indefinite-delivery/indefinite-quantity contract by the U.S. Department of War to continue production, modernization, sustainment and support of C-130J training and maintenance systems. The work spans multiple U.S. and international bases and is scheduled for completion by F…
Kensington Capital Acquisition Corp. VI completed a priced initial public offering of 20 million units at $10.00 per unit on March 3, 2026, raising $200 million. Units are expected to begin trading on the New York Stock Exchange under the symbol KCAC.U on March 4, 2026, with the offering set to close March 5, 2026, subject to customary closing cond…
