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.
28,522 total articles
Microsoft issued a statement denying that U.S. Immigration and Customs Enforcement is using its technology for mass surveillance of civilians while acknowledging it supplies cloud-based productivity and collaboration tools to ICE. The statement followed a media report that said ICE increased its use of Microsoft’s Azure cloud and related tools in t…
Freeport-McMoRan announced it has reached a memorandum of understanding with the Indonesian government to extend operating rights at the Grasberg copper and gold complex for the life of the resource, subject to formal licence amendment and government approval. The accord preserves current governance and operating arrangements, keeps Freeport's 48.7…
Asian equities climbed on Thursday, led by a strong run in technology shares that outweighed lingering questions about U.S. interest rate direction. South Korea’s KOSPI and Australia’s ASX 200 reached record highs, supported by chipmakers and heavyweight miners and banks respectively, while Chinese and Hong Kong markets were closed for the Lunar Ne…
Apollo Global Management has told clients and partners that CEO Marc Rowan did not have a business or personal relationship with Jeffrey Epstein, and the firm stressed that released Epstein documents do not accuse Apollo or its executives of involvement in Epstein’s crimes. The statement follows newly released correspondence showing multiple schedu…
OpenAI is nearing the close of the first phase of a fresh funding round expected to raise in excess of $100 billion. The financing could push the company's valuation beyond $850 billion while leaving its pre-funding valuation near $730 billion, according to people familiar with the matter. The capital is intended to support a multitrillion-dollar i…
Shares of Australian buy-now-pay-later provider Zip Co plunged roughly 40% after management said second-half cash EBTDA is expected to be "broadly in line" with the first half, a message that eclipsed robust first-half profit growth and an upgraded margin outlook. The stock dropped to its lowest level since early May amid investor concern over limi…
Apollo Global Management told clients and partners that CEO Marc Rowan had neither a business nor a personal relationship with Jeffrey Epstein, saying recent document releases do not change the firm's view. The statement follows publication of additional Epstein-related materials that show correspondence between Rowan’s office and Epstein’s office …
Asian equities advanced as technology-sector strength on Wall Street filtered through to regional markets, while concerns over U.S.-Iran tensions continued to underpin oil and gold. The dollar strengthened after Federal Reserve minutes signalled policymakers were in no hurry to cut rates. Trading volumes were lighter with Hong Kong, China and Taiwa…
Boeing has finalized a purchase agreement with Vietnam Airlines for 50 737 MAX aircraft. The jets are slated to strengthen the carrier's domestic and regional network. The announcement came following a fresh round of trade discussions between the United States and Vietnam and was made in the presence of U.S. government representatives and Vietnam G…
German officials are reported to be negotiating for additional U.S.-made F-35 stealth fighters, a development that would expand Berlin’s reliance on American military platforms as its joint next-generation fighter project with France struggles. Sources say discussions could lead to an order of more than 35 additional jets, bringing total potential …
Zip Co reported A$124.3 million in cash operating earnings for the six months ended Dec. 31, below the Visible Alpha consensus of A$128.4 million. Shares tumbled as much as 38.2% to A$1.743, marking the steepest intraday fall in more than nine years. Management said second-half group cash earnings are expected to broadly match the first half, imply…
U.S. stock index futures were little changed Wednesday evening as Federal Reserve minutes from January introduced divergent views on the path for interest rates. Investors shifted attention to Walmart's fourth-quarter results for further signs on consumer demand, while reports of an increased U.S. military presence in the Middle East added geopolit…
Wesfarmers saw its shares slump in early trade after the company reported a slower-than-expected start to the second half, with consumer cost-of-living pressures and rising operating costs weighing on growth even as first-half earnings exceeded consensus. Key divisions delivered positive earnings, but the group fell short of market expectations for…
On Feb. 18 in Washington, Indonesian and U.S. companies signed trade and investment deals exceeding $7 billion at a dinner hosted by the Chamber. The agreements include large purchases of U.S. agricultural commodities, a wheat procurement plan through 2030, a critical minerals memorandum of understanding involving Freeport McMoRan, and an oilfield …
Telstra Group reported a 9.4% rise in profit attributable to shareholders to A$1.12 billion for the six months ended Dec. 31, alongside steady revenue of A$11.64 billion. The company cited growth in mobile and infrastructure services and disciplined cost control, announced a higher interim dividend and expanded its on-market buyback target for FY26…
The U.S. Department of Justice has opened an inquiry into how a potential sale of Warner Bros Discovery Inc could affect major national movie theatre chains. Government attorneys have summoned leading exhibitors to assess competitive and operational consequences as Warner Bros navigates competing acquisition bids from Paramount Skydance and Netflix…
A survey of finance chiefs at British retailers finds a dramatic increase in concern about labour and employment costs following the implementation of new employment rights. Most respondents ranked labour costs among their top three worries and signalled plans to reduce hours, freeze recruitment and cut head office and store headcounts while pursui…
Meta Platforms has restarted development of a branded smartwatch and is planning a release later this year, according to people familiar with the matter. The device could arrive shortly before a new pair of augmented reality glasses. The move follows an earlier push into wearables, a cancellation of smartwatch plans amid cost reductions in 2022, an…
Whitehaven Coal reported an underlying net loss after tax of A$19 million for the six months ended Dec. 31, driven by a 19% drop in average achieved coal price to A$189 per tonne and a 28% fall in revenue to A$2.48 billion. Despite steady production and solid cash generation, the Sydney-listed miner saw its shares fall 6% to A$7.92 by 23:51 GMT. On…
Rio Tinto has increased its holding in Nemaska Lithium to a 53.9% majority, with the Government of Quebec retaining the remaining 46.1%. The company said it will invest more than $300 million in Nemaska in 2026 while Quebec will contribute an additional $200 million. Rio's shares rose more than 2% in early trade, supporting a broader gain for the A…
The U.S. Justice Department has held private meetings with leading national movie theater chains to gather information about how a prospective sale of Warner Bros. Discovery could affect theatrical distribution and the number of films shown in cinemas, Bloomberg News reported. The inquiry comes amid a contested sale process in which Warner Bros. ha…
The U.S. Equal Employment Opportunity Commission has filed a lawsuit against Coca-Cola Beverages Northeast, accusing the bottler and distributor of violating federal law by hosting a two-day employee networking event in September 2024 that excluded men. The action is the EEOC's first formal lawsuit challenging a workplace diversity program under th…
Lockheed Martin has been awarded a foreign military sale contract to furnish the Royal Australian Air Force with a suite of C-130J training devices and upgrades. The deal, routed through Wright-Patterson Air Force Base, covers new weapon systems and cockpit trainers, a loadmaster trainer, and updates to existing virtual simulation and maintenance t…
Abony Acquisition Corp. I has priced an initial public offering of 20 million units at $10.00 each, generating $200 million. The units are slated to start trading on Nasdaq on February 19, 2026 under the symbol AACOU, and the offering is expected to close on February 20, 2026, subject to customary closing conditions. Each unit comprises one Class A…
Madison Square Garden Sports' stock jumped over 16% to a record high following board approval to explore a potential spinoff that would separate its New York Knicks and New York Rangers businesses into distinct public companies. The proposal, which received unanimous board approval and is expected to be structured as a tax-free spinoff to sharehold…
