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.
23,295 total articles
Citi Research upgraded Informa Plc from neutral to buy and increased its 12-month price target to 990 pence from 850 pence after the UK government removed travel advice against visiting the United Arab Emirates and Saudi Arabia. The guidance change - which followed a US-Iran memorandum of understanding related to ending the Middle East conflict - l…
Australian shares closed lower on Friday with the S&P/ASX 200 sliding 0.92% as losses in the Metals & Mining, Materials and Gold sectors weighed on the market. Decliners outnumbered advancers across the Sydney bourse, and the S&P/ASX 200 VIX fell to a three-month low. This report outlines intraday movers, sector pressure points, and key commodity …
Record reported a 4% decline in revenue for fiscal 2026 to £40.10 million, missing a £40.69 million consensus. Net income was £7.03 million and basic EPS fell 22% year-over-year. Management and performance fees declined after mandate re-compositions and the loss of a multi-product client, even as assets under management rose 14% to $114.6 billion a…
Marks Electrical Group PLC reported an 8% fall in revenue for fiscal year 2026 amid a strategic pullback from low-margin marketplace activity. Adjusted earnings per share dropped to 0.67 pence from 1.54 pence a year earlier. The company completed a Competition and Markets Authority investigation and agreed to pay a financial penalty and consumer re…
Morgan Stanley has reduced its recommendation on European energy equities from overweight to equal-weight, citing the partial reopening of the Strait of Hormuz under a U.S.-Iran memorandum of understanding and a deterioration in the sector's earnings outlook. The change reflects an increased model sensitivity to the Hormuz development, a view by oi…
Netflix's chief executive told the Financial Times that the company intends to explore additional partnerships with traditional broadcasters following the rollout of its new arrangement with France's TF1. The deal, disclosed this week, gives all Netflix subscribers in France access to TF1's live channels and on-demand library and represents Netflix…
Major Gulf airlines have largely restored flight activity to a substantial portion of their pre-conflict operations after months of disruptions tied to the Iran war. Flight-tracking data shows overall movements at roughly 82% of levels recorded on February 27, the day before the conflict began. While some carriers have already surpassed that benchm…
Asian equity markets turned lower on Friday as investors digested fresh uncertainty around planned U.S.-Iran negotiations and a pullback in technology and chipmaking stocks. Regional trading was light because of holidays in China and Hong Kong, and U.S. markets were also set to be closed, leaving momentum fragile. Key indexes that earlier hit recor…
Australian parliamentarians subjected current and former KPMG executives and lawyers to a day-long public hearing after a whistleblower accused the firm of misusing confidential Lendlease board papers to support audit tender bids for Westpac and Dexus. The allegations prompted the resignation of KPMG Australia CEO Andrew Yates and the audit chief, …
Ukrainian firms that developed battlefield drone tactics and maritime unmanned systems during the war with Russia are pursuing partnerships across East Asia. Executives and officials from several Ukrainian companies held talks and demonstrations in Japan, met Taiwanese suppliers in Taichung and discussed cooperation with the Philippines, aiming to …
BHP shares fell sharply after the miner disclosed a substantial cost increase for the Stage 2 expansion of its Jansen potash project in Saskatchewan, and flagged an expected impairment charge to be recorded in fiscal 2026. The company said the Stage 2 budget rose from $4.9 billion, approved at sanction in October 2023, to US$6.9 billion. Management…
Qantas is preparing to operate the world’s longest scheduled flights and is pitching a science-led cabin experience to persuade travellers to pay for direct services. The carrier has refined lighting, meal timing, seating and a dedicated wellness area on specially modified Airbus A350-1000ULR aircraft after nearly a decade of work under Project Sun…
U.S. officials have raised concerns with Dutch semiconductor-equipment maker ASML that one of its most advanced lithography systems - an extreme ultraviolet (EUV) machine - may be operating in China in possible breach of export restrictions. ASML has denied the claims, stating it has not shipped any EUV systems to China and that none of the machine…
Hyundai Motor will purchase SoftBank Group's remaining 9.65% stake in Boston Dynamics for $325 million, bringing its ownership to 100% through existing holdings by CEO Euisun Chung and affiliated Hyundai companies. SoftBank has notified Hyundai of its intention to sell and Hyundai has agreed to buy the stake. The move follows Hyundai's earlier acqu…
U.S. equity futures eased in late trading as investors digested a memorandum of understanding between the United States and Iran that could reopen the Strait of Hormuz and calm energy markets, and after a rally in chipmakers pushed major indexes higher earlier in the day. Trading volumes were subdued ahead of the Juneteenth holiday.
South Korea’s Hyundai Motor Group plans to purchase SoftBank Group’s remaining 9.65% stake in Boston Dynamics for $325 million, a move that would complete Hyundai’s acquisition of the U.S. robotics company. The purchase is expected to be approved at a Hyundai Motor board meeting on June 22, and SoftBank has indicated it will exercise a put option t…
BHP Group said cost estimates for the first stage of its Jansen potash project in Saskatchewan have climbed to $7.0-7.4 billion, prompting an expected post-tax impairment of roughly $2.0-2.3 billion in fiscal 2026. The announcement coincided with an early Sydney trading drop of as much as 3.7% to A$62.66.
Luigi Mangione has temporarily abandoned plans to argue that an extreme mental health crisis caused him to lose control at the time he is accused of fatally shooting UnitedHealthcare's insurance unit CEO in Midtown Manhattan. The change, disclosed in a Friday filing, occurs as Mangione prepares for a state trial scheduled for September. He continue…
A three-judge panel of the 6th U.S. Circuit Court of Appeals ruled that Ohio may enforce a law obligating social media platforms to obtain parental consent before permitting users under 16 to access their services. The panel reversed a lower-court decision that had paused the law, concluding the statute does not infringe on free speech rights.
Intel has appointed industry veteran Seok-Hee Lee as executive vice president overseeing its contract manufacturing division, with responsibility for advanced packaging, system integration, back-end technology and back-end manufacturing. The change comes amid a corporate effort to revive Intel's manufacturing competitiveness and follows a high-prof…
Akanda Corp.'s stock dropped sharply in after-hours trading after the company disclosed receipt of a Nasdaq deficiency notice citing a shortfall in required stockholders' equity and failure to meet alternative continued listing standards. The company reported negative stockholders' equity for fiscal 2025 and has until July 31, 2026 to submit a plan…
BTQ Technologies Corp. (NASDAQ:BTQ) declined 6.6% in after-hours trading Thursday following the company's announcement of an at-the-market (ATM) equity program to sell up to C$150 million in common shares. The offering will be carried out under a sales agreement dated June 18, 2026 with Cantor Fitzgerald Canada Corporation and Cantor Fitzgerald & C…
Team Inc said Clinton Roeder will join the company as Executive Vice President and Chief Financial Officer on June 22, 2026, replacing Nelson Haight, who is retiring after more than four years in the role and will remain for a short transition as a Special Advisor to the CEO. Shares of the company fell 2.5% in after-hours trading following the anno…
Standard Nuclear Inc. filed for an initial public offering to raise capital for scaling its industrial-scale TRISO fuel manufacturing. The Oak Ridge, Tennessee-based company plans to list Class A common stock on the New York Stock Exchange under the ticker STDN. The filing highlights the firm’s unique manufacturing capability, current production fo…
Cantor Equity Partners VII, Inc. completed an initial public offering of 25,000,000 Class A ordinary shares at $10.00 per share, generating $250 million in combined proceeds. The shares began trading on the Nasdaq Global Market under the ticker CAES on June 17, 2026. Proceeds from the IPO and a concurrent private placement were placed into the comp…
