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
Shein's draft prospectus for a planned Hong Kong listing discloses the retailer's senior management team, board membership and ownership split, and confirms the company swung to a $99 million loss in Q1 2026 versus a $395 million net income a year earlier. The filing does not specify the size, price or timetable of the offering, nor which entities …
Contemporary Amperex Technology Co Ltd said its board will repurchase between 20 billion and 40 billion yuan of A-shares, a move that pushed Shenzhen-listed shares higher after the company reported a strong first half with double-digit revenue and profit growth. Management framed the buyback as a way to address valuation gaps and protect shareholde…
Most Asian equity markets posted modest gains as retreating oil prices and reduced geopolitical tensions lifted risk sentiment. Futures on major U.S. indexes pointed to a firmer Wall Street open, while investors prepared for a pivotal week featuring the Federal Reserve’s policy decision and earnings from several megacap technology firms. China saw …
Shares of Chinese DRAM producer CXMT Corp surged more than 470% in their first day of trading in Shanghai, valuing the company at about 3.3 trillion yuan and marking Asia's largest IPO so far in 2026. The company raised 57.92 billion yuan to expand capacity, R&D and working capital amid strong demand for memory chips used in AI servers and data cen…
Naver shares climbed roughly 8% after Nvidia agreed to buy $1 billion of newly issued Naver shares to help finance an enlarged artificial intelligence data center. The capital infusion will allow Naver to more than triple the planned facility, which is being developed with Brookfield and will rely on Nvidia's AI computing hardware. The move is part…
EQT has submitted a third revised, non-binding cash proposal for Perpetual Ltd this month, offering A$22.50 per share and valuing the firm at A$2.55 billion (about $1.78 billion). Perpetual's shares rose after the announcement, while the approach remains conditional on the completion of Perpetual's planned sale of its wealth management business to …
U.S. equity futures moved higher on Sunday evening as oil dropped after a pause in hostilities between Washington and Tehran. Markets are now preparing for a busy week that includes earnings from large technology firms and the Federal Reserve's two-day policy meeting, where investors will seek guidance on the outlook for interest rates and inflatio…
Asian equity markets and global bond prices climbed as a temporary pause in Gulf hostilities pushed oil markedly lower, reducing inflation worries. The drop in crude shifted some probability away from further Federal Reserve rate hikes ahead of a week packed with central bank decisions and a heavy schedule of corporate results, especially from majo…
Nvidia is reportedly in discussions to provide approximately $250 billion in financial backing for OpenAI to secure lease and construction financing for a planned 10-gigawatt data center campus in southern Ohio being developed by SoftBank's energy unit. The overall project could exceed $500 billion when equipment costs are included, and a separate …
CXMT Corp, also known as ChangXin Memory Technologies, will start trading in Shanghai following what has become the largest mainland semiconductor IPO on record this year. The company raised 57.92 billion yuan by pricing shares at 8.66 yuan apiece, giving it an implied market value of about 579 billion yuan ($85.5 billion) pre-over-allotment. With …
Brown-Forman said its board received an unsolicited proposal from Sazerac and determined the approach to be "not actionable." The company did not disclose the value of the proposal. Wolf Pen Branch, LP, holder of a majority of Class A shares, expressed confidence in Brown-Forman’s brands and said Sazerac’s proposal did not match its vision for the …
Russia's MOEX Russia Index closed the session flat, with sector swings producing both notable winners and losers. OZON, Polyus and Unipro were among the day's top gainers, while Rosneft, TATNEFT and LUKOIL registered the largest declines. Market breadth slightly favored decliners, and commodity and FX moves reflected softer oil and mixed metals flo…
Goldman Sachs warns that U.S. midterm elections will likely raise policy uncertainty and market volatility in the months ahead, with investors historically trimming equity exposure before rebuilding after the vote. The bank notes that the election outcome itself is unlikely to be a primary determinant of equity performance and highlights other mark…
House Republicans presented a much-reduced reconciliation framework that trims proposed defense funding to $60 billion from a prior $350 billion target. Wolfe Research says the smaller package modestly improves prospects for enactment but substantially lowers its significance for investors, and warns that procedural and calendar constraints still m…
United Airlines initiated merger discussions with Delta Air Lines last year, including a direct call from United CEO Scott Kirby to Delta CEO Ed Bastian, according to people familiar with the matter. Delta conducted preliminary due diligence but decided not to advance talks. United later approached American Airlines about a merger, an approach Amer…
Exchange-traded fund assets in Brazil have climbed to about 116 billion reais ($22.8 billion), nearly tripling over two years as investors seek tax-efficient access to the country’s high-yield debt market. Major asset managers have expanded ETF operations to meet demand, with fixed-income ETFs drawing substantial flows amid fee advantages and favor…
Citi expects the Federal Reserve to keep interest rates unchanged at its July policy meeting despite higher oil prices and market pricing that implies a roughly 30% chance of a near-term hike. The bank points to softer-than-expected June core inflation, slowing payroll growth and other signs of moderating economic pressure as reasons policymakers w…
Fast-fashion retailer Shein filed a draft prospectus for a Hong Kong initial public offering, disclosing rising revenues but a sharp drop in net income tied to changes in U.S. import duty rules. The filing gives investors their first detailed look at Shein's recent financials and highlights how the removal of the U.S. "de minimis" duty-free exempti…
A draft prospectus filed on Hong Kong’s exchange discloses that fast-fashion e-commerce platform Shein recorded $2.064 billion in net income last year and revenue of $41.8 billion for 2025, while profit fell significantly from 2024. The filing follows regulatory approval from China and sets up investor presentations for a listing anticipated in lat…
A new BCA Research report argues that fears of a swift descent into authoritarianism in the United States are exaggerated. While noting erosion in the rule of law over two decades and elevated political polarization, the report highlights ongoing restraints on the presidency from the judiciary, Congress, the Federal Reserve and state-run election s…
Barclays found that the largest U.S. technology companies have sharply reduced share buybacks as they prioritize multiyear AI infrastructure spending. While buybacks by the biggest firms have declined, repurchase activity elsewhere in the market has risen and the brokerage argues the slowdown should not meaningfully drag on the wider equity market …
UniCredit's CEO Andrea Orcel told Corriere della Sera that the bank expects to reach a deal on its proposed acquisition of Commerzbank as discussions with the German government and other interested parties recommence. Orcel reiterated UniCredit's willingness to uphold commitments aimed at limiting social disruption, supporting small and medium-size…
A cluster of high-profile analyst moves this week reshuffled AI-related buy lists and ratings ahead of second-quarter earnings. Morgan Stanley labeled Microsoft as highly attractive heading into fiscal Q4, Wedbush added Alphabet and Reddit to its Best Ideas amid cloud share gains and ad momentum, Mizuho elevated Meta as its top pick, Citi called th…
The African Development Bank’s climate director warns that a potential 'super' El Niño could cut GDP in severely affected African countries by 1-2%, producing an aggregate hit of $10 billion to $20 billion continent-wide. Beyond threats to food and water security, the bank cautions that disasters driven by El Niño may undermine government budgets, …
Bank of America analysts say the conventional belief that carry trades reliably outperform in summer months has limited statistical backing. Seasonal reductions in trading activity may modestly affect implied volatility, but realised interest-rate volatility does not show a consistent summer decline. Current macro conditions - firm activity, contai…
