Real-time financial, economic, and global news with market-focused context and analysis.
Coverage spans equities, macroeconomic data, commodities, currencies, technology, politics, and global events—paired with analysis that highlights why each development matters for traders and investors. From breaking headlines to hourly market snapshots and in-depth articles, the News Hub is designed to help you stay informed, oriented, and ahead of market-moving events.
RBC Capital Markets upgraded BP to "outperform" from "sector perform" while keeping a 700p price target, citing a fresh opportunity for the oil major to accelerate debt reduction amid higher commodity prices. The broker's base case implies a 31% upside from BP's London close on May 8, and projects substantial declines in adjusted net debt and lever…
UBS says the South Korean won is undervalued and that robust balance of payments flows, memory-led export growth and the planned inclusion of Korean Treasury Bonds in a global bond index could push USD/KRW under 1400 in the second half of 2026. The bank highlights valuation gaps against export share and the JPY/KRW cross while estimating a material…
Four private-sector members of Japan's economic advisory panel told policymakers to weigh the risk that prolonged Middle East tensions could strain financing for small and midsize firms. Their proposals, sent to the Council on Economic and Fiscal Policy, emphasize careful monitoring of inflation and funding conditions and call for broader fiscal in…
E.ON SE has signed an agreement to buy U.K. energy supplier OVO, a transaction that will add about four million customers to E.ON’s existing 5.6 million in Britain. The companies said financial terms were not disclosed, and the deal requires U.K. regulatory approval with an expected close in the second half of 2026.
Prime Minister Keir Starmer said on Monday he will take responsibility for delivering the changes his government promised, pledged to rebuild relations with Europe, and announced legislation to bring British Steel into full national ownership. He acknowledged public frustration and warned the country faces a 'very dark path' if his administration f…
Moderna shares climbed in premarket trading after U.S. health officials reported a passenger on a repatriation flight tested positive for the Andes strain of hantavirus. The movement in the stock followed confirmation that Moderna is conducting early-stage research into hantavirus vaccines and treatments under a 2023 research agreement with Korea U…
The UN human rights chief warned that escalating violence in Sudan and expanded use of armed drones risk provoking a deadlier phase of the conflict, with drone strikes now accounting for 80% of conflict-related civilian deaths and at least 880 people killed between January and April, according to OHCHR data.
Shares of listed Indian jewellers fell sharply after Prime Minister Narendra Modi urged citizens to refrain from buying gold for one year to help preserve the country’s foreign exchange reserves. The appeal, made alongside measures targeting fuel use, travel, imports and expanded remote work, coincides with higher oil prices linked to the Iran war …
Bank of America has downgraded Stellantis and trimmed price targets while lowering its view on Renault, citing a rapid advance by Chinese automakers in Europe. Chinese brands have roughly doubled their share of the market to about 8%, with first-quarter sales up about 100% year-over-year, and are moving beyond premium EVs into mainstream segments. …
NIO Inc., a leading global smart electric vehicle manufacturer, announced it will release its unaudited Q1 2026 financial results on May 21, 2026, before US markets open. The company's management will host a conference call the same day to discuss the results.
China's April consumer and producer inflation readings exceeded market forecasts, according to Barclays' analysis of official data released Monday. Consumer prices rose 1.2% year-on-year, while producer prices surged to 2.8% year-on-year, a jump Barclays attributes largely to earlier increases in oil prices. Core inflation stayed subdued and downst…
This week’s market calendar is dominated by a breakdown in U.S.-Iran diplomacy, fresh U.S. consumer price index data for April, President Trump’s long-awaited trip to China for talks with Xi Jinping, the scheduled end of Jerome Powell’s term as Federal Reserve chair, and Cerebras Systems’ planned initial public offering under the ticker CBRS. Each …
European equities were largely flat on Monday as stalled U.S.-Iran negotiations pushed oil prices higher and damped investor risk appetite. The STOXX 600 traded unchanged, while defence and luxury stocks led regional declines. Telecom names and select company-specific movers saw gains. Markets also weighed comments from an ECB official that signall…
Oil benchmarks climbed sharply after President Trump rejected Iran's counter-proposal to a U.S. peace plan, a development that renewed concerns about sustained supply disruptions through the Strait of Hormuz and pushed U.S. airline shares down in premarket trading. Brent rose to $104.02 a barrel and U.S. WTI to $97.55, while leading carriers saw mo…
Remitly (RELY) finished 2025 with accelerating top-line momentum, positive free cash flow and a $1.48B cash balance. Management is pushing beyond pure remittances into broader financial services and SMB payment flows. At a $5.06B market cap and an enterprise value of roughly $4.41B, the risk/reward looks attractive if SMB monetization scales. This …
Corporate earnings continue to outpace expectations, with a large share of S&P 500 companies reporting beats. Amid that environment, an AI-powered selection service highlighted a California cloud-software firm that jumped over 20% in May following strong Q1 results, healthy cash generation, and maintained full-year guidance. The broader ProPicks st…
Rising memory chip prices driven by demand from artificial intelligence data centers have forced Nintendo and Sony to raise console prices and reassess their profit forecasts. Manufacturers warn the supply squeeze will persist through next year despite pledged capacity investments, prompting near-term cost passes to consumers and strategic measures…
Indonesian equities closed lower Monday, with the IDX Composite Index sliding 0.84% to a fresh six-month low. Declines were driven by losses in Financials, Agriculture and Basic Industry sectors, while a small group of stocks posted large gains. Oil prices climbed and gold softened as the rupiah weakened slightly versus the dollar.
Jefferies raised ams OSRAM to Buy from Hold and lifted its price target to 21 Swiss francs from 8.30, pointing to a mix of near-term cyclical improvement in automotive and industrial demand and longer-term revenue potential from microLED-based optical connectivity for AI data centers and components for AR smart glasses. The stock jumped more than 6…
Alvotech announced that the FDA has completed a routine cGMP surveillance inspection at its Reykjavik manufacturing site, issuing a Form 483 with observations the company believes can be quickly addressed. The company remains on track to resubmit Biologics License Applications (BLAs) in the second quarter and expects FDA approvals within 2026, unde…
Sunlands Technology Group, a leading Chinese adult online education provider listed on NYSE, announced it will release its unaudited first quarter 2026 financial results on May 26, 2026, before U.S. market open. Management will hold a conference call to discuss the results, which will be accessible via live webcast and archived on the company's inv…
U.S. equity futures edged lower after President Trump dismissed an Iranian response to a U.S. proposal to end the more-than-two-month conflict as "I don’t like it - TOTALLY UNACCEPTABLE." Oil climbed as hopes for an immediate end to fighting dimmed. Traders are also watching an upcoming Trump visit to China and key U.S. consumer price data later in…
Victrex said it will eliminate roughly 10% of roles, primarily within central functions, and now expects full-year underlying profit before tax of between 42 million and 44 million, below the H1 run-rate implication. The company cited rising raw material and energy costs tied to the Middle East conflict as a key factor shaping the outlook.
Jefferies' quantitative strategists find that the 2026 rally concentrated in AI stocks is being driven primarily by earnings growth rather than valuation expansion. The AI group has accounted for more than 80% of the S&P 500's gains this year, and forward EPS estimates for the AI basket have climbed sharply, while valuation metrics such as PEG poin…
Ukrainian military and regional authorities reported Russian drone strikes, ongoing battlefield clashes and civilian casualties over a 24-hour period despite a U.S.-facilitated ceasefire that ran from May 9 to May 11. Both Kyiv and Moscow have accused the other of violating the truce, with Ukrainian officials documenting dozens of wounded and kille…
