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.
23,098 total articles
Nvidia announced a program enabling artificial intelligence startups to access computing resources through a revenue-sharing arrangement combined with credit support. Under the plan, AI cloud providers will market Nvidia-powered cloud services that produce both traditional product sales and a portion of cloud revenue for Nvidia. The company said th…
Shares of JL Mag Rare-Earth climbed sharply after the company issued a profit alert for the first half of 2026, driven by elevated rare-earth demand and supportive pricing. Management expects net profit attributable to shareholders of RMB 400 million to RMB 460 million, and flagged revenue growth led by new energy vehicles, auto parts and a near-do…
Super Micro said two employees at its Taiwan unit have been detained pending a court hearing and two others released on bail after questioning by Taiwanese prosecutors. The inquiries concern the alleged illegal export of high-end AI servers manufactured by Super Micro that contain Nvidia chips subject to U.S. export controls prohibiting shipment to…
The Taiwan Weighted index closed up 2.50% on Thursday, powered by advances in the Glass, Plastic and Electronic Parts/Components sectors. Several individual stocks posted double-digit percentage moves in both directions, while commodity and currency metrics showed modest declines and slight FX movements.
OpenAI has suggested granting the U.S. government a 5% ownership stake as part of early discussions with the Trump administration, a move pitched by CEO Sam Altman as a mechanism to share the economic upside of artificial intelligence with the public. The proposal could extend to other U.S. AI firms, though their participation and the administratio…
Samsung Group unveiled detailed plans to invest 140 trillion won ($90 billion) in South Korea's central Chungcheong province for the manufacturing of display panels, batteries, semiconductor packaging and chip materials. The breakdown includes allocations to Samsung Display, Samsung Electronics, Samsung SDI and Samsung Electro-Mechanics, with timet…
Fortescue Metals shares fell after reports that Chinese state procurement channels told mills not to accept certain lower-grade Fortescue shipments from mid-July. The move, combined with a tepid price-target revision from UBS and weakness across Australian miners, intensified selling pressure and highlighted risks to margins from iron ore price pre…
South Korea's benchmark KOSPI was temporarily suspended early Thursday after a sharp opening decline, led by large drops in major memory-chip makers. The index fell more than 6% to 7,769.16 points, activating a sell-side sidecar that paused trading for five minutes. The move is the latest in a series of volatility-driven interruptions tied to outsi…
An EU-funded independent study warns that Europe’s semiconductor industry faces a difficult outlook owing to Chinese export controls on critical inputs, a reliance on U.S. technology and several domestic structural weaknesses. The report highlights geopolitical threats, supply-chain fragilities and internal constraints such as high energy costs, li…
Apple is moving forward with a broader iPhone lineup that will extend into the first half of 2027 and has increased its production target for an upcoming foldable iPhone. The company is pushing into the premium foldable segment amid supply-chain pressures and higher component costs that have already prompted price increases for some Mac and iPad mo…
Bain Capital Specialty Finance and LY Corp elevated their binding takeover bid for Kakaku.com to 670 billion yen ($4.1 billion), offering 3,384 yen per share in cash with a potential increase to 3,500 yen if major shareholder KDDI supports the transaction. The bid surpasses EQT's 3,000-yen offer and has driven Kakaku shares above both proposed pric…
SoftBank-backed LY Corp and private equity firm Bain Capital have increased their offer for Kakaku.com to 3,384 yen per share, valuing the company at 670 billion yen ($4.12 billion). The duo said the bid, announced late Wednesday as legally binding, would rise to 3,500 yen per share if shareholder KDDI Corp agrees to back the proposal. Kakaku.com s…
Switch, a Las Vegas-based data center operator, has initiated a private financing round that could raise about $2 billion and place the company’s enterprise value close to $50 billion including debt. The round is being led by venture firm Andreessen Horowitz, with an expected contribution of roughly $400 million, while Goldman Sachs and JPMorgan Ch…
KakakuCom Inc shares climbed 3.7% to ¥3,514 after LY Corp and Bain Capital converted a prior counter-proposal into a binding offer of up to ¥3,500 per share, intensifying a weeks-long acquisition battle with Swedish private equity firm EQT, which launched a tender at ¥3,000 per share in May. The move coincides with the final day of EQT's acceptance…
Shares of Sony Corp climbed after the company’s gaming unit announced it will halt production of physical discs for all new PlayStation titles from January 2028 and emphasized pricing discipline for future hardware, boosting expectations for improved margins even as Japan’s broader market fell back.
SoftBank Group shares moved higher after reports that the company has resumed negotiations for a $10 billion margin loan backed by its stake in OpenAI. The revived financing plan would add a corporate guarantee to address lender concerns about using a privately held stake as primary collateral, and involves major global banks expected to join the l…
Mohalla Tech Pvt., the owner of ShareChat, Moj and QuickTV, is preparing for a potential initial public offering next year that could raise up to $400 million, the company’s CFO said. The firm reports improving unit economics and expects to pursue an IPO within four to five quarters after reaching operational profitability in the quarter beginning …
Northern Star Resources shares climbed after the company named a new chief executive and reported robust production and cash holdings for the June quarter. The board appointed Suresh Vadnagra, a veteran Glencore executive, as CEO effective October 5, 2026, replacing Stuart Tonkin. The miner sold 433,000 ounces of gold in the June quarter, lifting F…
South Korean equities tumbled as a renewed global selloff in artificial intelligence-linked stocks battered semiconductor names. KOSPI fell as much as 7% as heavyweight memory producers and other tech names slid, while the shock spread through Japan and Taiwan even as some mainland Chinese benchmarks held up. Investors prioritized concerns about th…
Asian semiconductor equities weakened on Thursday following a steep selloff in U.S. chipmakers overnight. Market participants reacted to reports that OpenAI achieved substantial inference-cost reductions through software optimizations and that Meta Platforms is exploring a cloud business to sell unused AI computing capacity. The developments raised…
U.S. stock futures were largely unchanged on Wednesday evening after a choppy trading day left the major indexes lower. Traders are focusing on a June nonfarm payrolls report due Thursday and following indirect U.S.-Iran talks in Doha, while crude oil eased in Asian trade, tempering recent inflation concerns.
U.S. officials are reported to be in advanced discussions with major AI developers to establish voluntary standards governing the release of new models, with an announcement potentially coming as soon as next week. The proposed framework would outline benchmarks, timelines and access rules for advanced systems, and follows recent executive action a…
On July 1 Bayer announced it will fold its U.S. glyphosate operations into its Ruveon unit, steps taken a day after the company asked U.S. authorities to impose duties on Chinese imports of the herbicide ingredient. The move, framed as part of a five-year restructuring of its Crop Science division, assigns Ruveon responsibility for pricing, market …
South Korea's consumer price index rose 3.2% year-on-year in June, the strongest pace since December 2023, with a 0.1% monthly increase. Elevated global oil prices and a softer South Korean won were cited as the main contributors to the acceleration in inflation. The data adds weight to the prospect of a policy rate increase at the Bank of Korea's …
Northern Star Resources has named Suresh Vadnagra, formerly of Glencore, as its next chief executive officer effective October 5, and will replace its chairman after the November annual general meeting. The moves come as Elliott Investment Management disclosed a stake of more than A$1 billion and pressed for management and board changes amid sustai…
