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.
30,181 total articles
Solvay reported adjusted EBITDA of €187 million for the second quarter, slightly under Jefferies' estimate but modestly ahead of consensus. Group sales declined to €1,031 million with organic sales down 7.4% driven by lower volumes and reduced pricing. The company reiterated its full-year 2026 guidance for EBITDA, free cash flow, and capital expend…
South Korea’s benchmark KOSPI tumbled for a second consecutive session, sliding about 7% to its weakest level since early April after memory chipmaker SK Hynix reported robust results that nevertheless failed to satisfy elevated market expectations around AI-driven demand. Market participants and strategists cited concentrated exposure to AI-linked…
Taiwan's main index fell sharply, sliding 4.65% to a new one-month low as losses in the Electronic Parts/Components and Plastic sectors weighed on the market. Several mid-cap and specialty names recorded strong gains, while multiple semiconductor and electronics suppliers posted double-digit drops. Oil prices moved higher and gold slipped, while cu…
Bank of Singapore, the private banking arm of Oversea-Chinese Banking Corp (OCBC), has started deploying an agentic AI platform called HELIOS to reduce new wealth account opening times from over 30 business days to 15. The platform has been used by more than 100 relationship managers across Singapore, Hong Kong and Dubai in the past five months, an…
A 7.1-magnitude earthquake struck southern Japan, killing at least 13 people and causing extensive damage across Kumamoto prefecture. Rescue teams pulled survivors from a partially collapsed Aeon shopping mall and responded to reports of a possible gas explosion. Factories and major manufacturers in the region have suspended operations while tens o…
UBS reported a 17% increase in second-quarter net profit and unveiled plans to repurchase $3 billion of its own shares by the middle of next year at the latest, including at least $1 billion in the coming three months. The bank said performance was driven by wealth management and a record quarter in trading, and highlighted continued progress on Cr…
The global push to build artificial intelligence infrastructure is reshaping air cargo patterns across Asia. Airlines and logistics firms report rising, multi-year demand for semiconductors, processors and data centre equipment, prompting route and capacity changes around semiconductor manufacturing hubs. At the same time, cross-border e-commerce v…
Electrolux reported a higher-than-expected operating profit for the second quarter, with operating profit excluding non-recurring items rising to 1.2 billion Swedish crowns on 2% organic sales growth. The group said conditions deteriorated in North America, a market representing about one-third of sales. In June it completed a 9 billion crown right…
Standard Chartered reported a 9% increase in first-half pretax profit to $4.78 billion, driven by higher wealth and global banking revenue. The bank booked a $446 million impairment linked to geopolitical uncertainty tied to the Middle East conflict, had earlier set aside $190 million in management overlays, and announced a $1 billion share buyback…
Asian equity markets dropped broadly on Wednesday, with South Korea’s KOSPI enduring heavy losses as technology stocks extended a deep selloff ahead of major U.S. corporate results and the Federal Reserve policy announcement. The risk-off tone intensified after Iran launched ballistic missiles at U.S. forces, driving oil prices higher and refocusin…
Elon Musk's social media platform X has told an Australian senate committee that proposed changes to enforcement of the country's under-16 social media ban would grant excessive information-gathering powers to the eSafety Commissioner and could conflict with international legal norms. X criticized plans to broaden document-discovery rights, allow c…
U.S. futures moved lower on Tuesday evening as market participants digested renewed tensions in the Middle East and awaited the conclusion of the Federal Reserve's policy meeting, along with quarterly reports from several major technology companies. Index futures erased some earlier gains while traders monitored Fed rate probabilities and prepared …
Taiwan Semiconductor Manufacturing has begun a phased restart of its Japan Advanced Semiconductor Manufacturing (JASM) plant in Kumamoto Prefecture following a powerful earthquake that forced employee evacuation. Post-quake inspections found the facility's structures intact, and engineers are conducting detailed equipment and operations assessments…
Japanese Prime Minister Sanae Takaichi is reportedly set to pursue a temporary reduction of the reduced consumption tax on food from 8% to 1% for a two-year period beginning April 2027. The proposal, discussed with senior LDP figures, is intended to provide relief from rising living costs but has drawn questions over how lost revenue would be offse…
On July 28 the U.N. Security Council will stage an initial round of informal, closed-door 'straw poll' ballots to measure backing for the seven declared candidates vying to become the next U.N. secretary-general. The shortlisted contenders hail from Argentina, Chile, Costa Rica, Ecuador, Guyana, Senegal and Uganda. The successor to Antonio Guterres…
The U.S. Senate voted 51-47 to confirm Jay Clayton as Director of National Intelligence, installing the former Manhattan U.S. attorney in charge of the country’s intelligence community after a heated confirmation process that exposed divisions over election claims, subpoenas of journalists, and the interim leadership that followed Tulsi Gabbard’s J…
A U.S. district judge has enjoined the city of Houston from carrying out race-conscious elements of its Minority, Women, and Small Business Enterprise Program, concluding the city failed to show the necessary evidence to justify race-based contracting preferences under recent Supreme Court rulings. The decision follows a challenge by two white-owne…
On July 28, more than 1,100 employees at leading technology firms urged the U.S. government to endorse an international program intended to develop technical and governance measures to deliberately slow the most advanced phases of AI development. The appeal, organized under the initiative named Pacing the Frontier, includes staff from Meta, Anthrop…
S&P Global Ratings upgraded AMC Entertainment to 'B-' from 'CCC+', pointing to stronger operating results and a prospective path to sustained positive free cash flow. The agency also raised several issue-level ratings across AMC's capital structure and highlighted robust domestic box office performance and company-level debt reductions that hel…
Boeing will carry out a $213 million contract modification from the U.S. Department of War to reconfigure four P-8A Multi-mission Maritime aircraft purchased through Foreign Military Sales. The scope funds non-recurring engineering to adjust the planes to the customer’s operational needs. Most work will be performed in Seattle, with a smaller porti…
Frequency Electronics said it will launch an underwritten public offering of $100 million in common stock, prompting a more than 10% fall in its shares during after-hours trading. The deal includes shares sold by the company and by two funds affiliated with a board member, with underwriters granted an option to increase the size of the sale. The co…
Robinhood (HOOD) and Coinbase (COIN) diverged markedly in 2026: HOOD reported a 41.5% jump in revenue and moved to sizable profitability, while COIN recorded a 5.4% revenue decline and a sharp reduction in net income. The comparison highlights a company broadening its retail-finance footprint versus a crypto-exchange whose performance remains tight…
Aevex Corp. reported $88.1 million in new production orders for long-range precision strike capabilities from U.S. government customers, prompting a 2.2% rise in its shares during after-hours trading Tuesday. The company said the orders will support mission needs in high-priority operational theaters and reiterated ongoing investments in manufactur…
Palantir and Snowflake are pursuing distinct roles in the enterprise AI stack. Palantir is reporting faster revenue growth, far higher gross margins and positive net income, while Snowflake is growing more slowly, running losses and leaning into a multi-cloud data infrastructure pivot. Both are priced above model-derived fair value, and near-term c…
FormFactor Inc. saw its shares rise 1.9% in after-hours trading following the announcement of an expanded strategic partnership with Keystone Microtech. The agreement assigns complementary roles - FormFactor providing probe card technology, design and semiconductor test solutions, and Keystone offering design, assembly, test, repair and distributio…
