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
Tata Consultancy Services shares rose after the company reported first-quarter fiscal 2027 results showing revenue growth that outpaced estimates, healthy deal traction including a large AI-led transformation contract, and a rise in annualized AI services revenue. The print included a modest profit increase and a contraction in operating margin dri…
Morgan Stanley has promoted Marks and Spencer to its top pick in European retail, assigning an Overweight rating and setting a 439 pence price target. The bank expects the retailer to outperform consensus earnings and operating profit forecasts for fiscal 2028 and 2029 by mid-single to low-double digits, citing market share improvements in food and…
Fast Retailing shares fell after the Uniqlo parent reported a robust quarterly operating profit and lifted its full-year guidance, even as management warned that a weaker yen and a European heatwave may weigh on near-term results. The company beat analyst expectations on operating profit and raised its annual target for the third time this fiscal y…
Tencent, together with ZHenFund, HSG and Manus’ own management, is negotiating to unwind Meta’s acquisition of Chinese AI firm Manus at the original $2 billion valuation. Discussions are ongoing, could bring in new investors, and are taking place after Chinese authorities ordered the reversal of the deal as part of a push to keep control of leading…
Disney is examining a proposal for a free Disney+ tier as it seeks to broaden its streaming reach amid rising viewership for free, ad-supported platforms. Internal discussions are at an early stage and no final choices have been made about scope, timing or rollout markets. Nielsen data show an increase in free streaming viewing, and the company is …
Banks and brokerages that led SK Hynix’s U.S. depository receipt sale received close to $260 million in underwriting and placement fees, equal to roughly 0.97% of the $26.5 billion raised. That percentage exceeds the fee rate earned by advisers on SpaceX’s recent $75 billion initial public offering, whose bankers collected about $500 million or 0.6…
Asian equities rallied Friday, driven by a sharp recovery in semiconductor names and renewed investor focus on artificial intelligence-related capital spending, even as renewed U.S.-Iran hostilities kept attention on oil supplies and regional security. South Korea led gains, Japan followed, and broad-based advances were seen across major Asian bour…
Chinese AI company MiniMax Group said it has closed a $2 billion financing round, disclosed via a post from its head of developer relations. The company will raise about HK$16 billion through a share placement and a zero-coupon convertible bond offering, and its CEO announced multi-year equity and salary commitments tied to the pursuit of artificia…
Shares of Australian uranium developers rose on news that Australia and India completed administrative arrangements enabling commercial uranium exports to India. The pact, announced after talks between Prime Ministers Anthony Albanese and Narendra Modi, activates a civil nuclear cooperation framework first signed in 2014 and supports India’s safegu…
SK Hynix has priced a 177.9 million American Depositary Receipt offering at $149 per ADR, raising about $26.5 billion to fund fabrication and equipment for high-bandwidth memory (HBM) production. The announcement saw the company's South Korean-listed shares inch higher as markets focused on robust institutional interest and the strategic importance…
Oil prices eased on Friday after a recent rally, with traders balancing the impact of new U.S. strikes on Iran against evidence that crude flows through the Strait of Hormuz have not yet faced a sustained interruption. While geopolitical tensions have pushed a risk premium into crude, persistent tanker movements and intact Gulf export infrastructur…
U.S. stock futures were largely unchanged on Thursday evening after benchmark indexes finished the session higher. Markets were buoyed by a pullback in oil prices and comments indicating Iran had reached out about negotiations, while chip names and AI-related companies led gains. Economic data showed initial jobless claims declined to 215,000 and F…
Samsung Electronics Chairman Lee Jae-yong is reportedly arranging a meeting with Nvidia CEO Jensen Huang in the U.S. by the end of July to discuss deeper collaboration on semiconductor manufacturing and artificial intelligence infrastructure, including Samsung’s proposed 800 trillion-won fabrication plant in Gwanju and AI data centers across South …
Fidji Simo, OpenAI's head of products and business and the company's second-ranking executive, announced she is stepping back from full-time duties to take on a part-time advisory role due to complications from a chronic illness. Her medical leave followed a severe exacerbation three months ago, and recovery is expected to be more prolonged and com…
Fidji Simo, OpenAI’s head of applications, announced she will leave her full-time role and assume a part-time advisory position at the company after taking medical leave. Simo said a severe flare-up of a chronic illness three months ago required an extended recovery period. She had been one of three directors added to OpenAI’s board in March 2024 a…
Brazil's Federal Police carried out an operation on July 9 focused on Thiago Miranda, an executive contracted by banker Daniel Vorcaro to run a communications campaign defending Banco Master. A Supreme Court ruling said investigators suspect Miranda of hiring influencers to attack the central bank, assembling information on targets including the CE…
CCC Intelligent Solutions has retained Morgan Stanley to lead a strategic outreach that includes the possibility of selling the company. Initial contacts have reportedly been made with private equity firms. The news sent CCC shares higher in after-hours trading as the company navigates a year of valuation declines, soft claim volumes and slower-tha…
Amazon Web Services has published Loom for AWS, an open-source platform aimed at helping enterprises build, manage and govern AI agents. The toolkit integrates with Bedrock AgentCore and AWS Strands Agents to deliver lifecycle management features, automated tagging, multi-dimensional access controls, and human-in-the-loop governance prior to produc…
Solaris Energy Infrastructure Inc saw its stock advance in after-hours trading after S&P Dow Jones Indices confirmed the company's imminent addition to the S&P SmallCap 600 index. The change, effective before the market opens on Wednesday, July 15, will remove Catalyst Pharmaceuticals from the benchmark as Catalyst is acquired by Angelini Pharma S.…
B. Riley Securities has singled out VSE Corporation (NASDAQ:VSEC) as its leading idea in aerospace and defense, affirming a Buy rating and a $270 price target. The brokerage cites VSE's ongoing transformation into a scaled aviation aftermarket platform, successful integration of the PAG acquisition with synergies tracking ahead of plan, and a growi…
Mexico's main stock gauge closed lower on Thursday, with the S&P/BMV IPC falling 0.75% as declines in the Industrials, Consumer Goods & Services and Consumer Staples sectors outweighed gains among selected issuers. Market breadth favored decliners, while commodities and currency pairs showed mixed moves.
Colombian equities ended Thursday's session lower, with the COLCAP index falling 0.87% as losses in the Financials, Investment and Public Services sectors pressured the market. Notable gains came from Ecopetrol, Promigas and Organizacion Terpel, while Mineros, Grupo Aval preferred shares and Grupo Nutresa were among the largest decliners. Commodity…
Netflix is reported to be reevaluating its on-demand-only approach by exploring continuous live streaming channels and bundling third-party apps such as NBCUniversal's Peacock onto its platform. The move comes as viewership and engagement in the U.S. have declined, shares are down sharply over the past year, and the company seeks ways to support it…
Russian equities closed lower on Thursday, led by declines in the Oil & Gas, Power and Mining sectors. The MOEX Russia Index slid 1.62% to a fresh three-year low. Market breadth was negative with 183 decliners versus 59 advancers. The Russian Volatility Index climbed to a six-month high as select large-cap names posted sharp moves and commodities s…
President Donald J. Trump signed a Section 232 proclamation directing trade negotiations on imports of commercial aircraft, jet engines, and aerospace components. The action instructs the Department of Commerce and the U.S. Trade Representative to jointly negotiate agreements with trading partners within 180 days. While no immediate tariffs were im…
