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.
30,184 total articles
Australian shares finished Friday with solid gains as strength in gold, healthcare and metals & mining stocks lifted the S&P/ASX 200 by 1.37%. A handful of individual names, including PEXA Group and Objective Corp, posted steep declines, while volatility indicators and commodity prices showed mixed moves.
J.P. Morgan added Auto1 Group to its Positive Catalyst Watch ahead of the company’s second-quarter results, maintaining an overweight rating and a December 2027 price target of €37. The bank’s Q2 gross profit forecast is tracking roughly 2% above consensus, underpinned by higher-than-expected unit volumes, while it trimmed parts of its FY27 profit …
Moody's has placed South32's issuer and commercial paper ratings on review for downgrade after the miner agreed to sell a suite of aluminium assets to Alcoa for consideration of up to $5.6 billion. The transaction materially reduces South32's operating footprint and commodity diversification - removing assets that produced around 37% of underlying …
Taiwan's benchmark rose at Friday's close, led by strength in the Plastic, Chemical and Semiconductor sectors. The Taiwan Weighted index gained 1.94% as a trio of stocks each climbed near double-digit percentages, while several other issues posted sharp declines. Oil and gold futures moved higher and currency indicators showed modest shifts.
ElevenLabs is holding preliminary conversations with investors about a secondary tender offer that could put the synthetic-voice specialist's valuation near $22 billion. The move, if completed, would let existing shareholders sell shares rather than bring in fresh capital and follows a February financing that valued the company at $11 billion. Mana…
Shares of companies that supply Apple climbed across Asian markets after a Nikkei Asia report said Apple intends to increase production of its next-generation iPhones, including a higher-than-expected run of foldable units, and to introduce at least five new models spanning the second half of 2026 and the first half of 2027. The move boosted suppli…
Kuaishou Technology shares ticked higher after the company revealed that its Kling AI unit secured roughly RMB 19 billion from a group of investors led by major tech players. The transaction sets a $15 billion pre-money valuation for Kling AI, dilutes Kuaishou’s stake to about 68%, and establishes an independent commercialization path for the subsi…
Samsung Electronics shares climbed 8.8% on Friday, reversing a sharp drop from the previous trading day. The rebound followed a market-wide sell-off that activated circuit breakers on the KOSPI and amplified losses through leveraged single-stock ETFs. Traders and short-covering drove much of the recovery, while investor enthusiasm about Samsung’s a…
Australia's financial crime regulator has confirmed that Sportsbet has completed mandated upgrades to its anti-money laundering and counter-terrorism financing controls. AUSTRAC accepted a remediation undertaking from the Flutter Entertainment-owned bookmaker in 2024 after identifying deficiencies in areas such as risk assessment, customer monitori…
Shares of several Chinese suppliers to Tesla climbed after the automaker reported a record 480,126 vehicle deliveries in the June quarter. The results, driven by robust sales in Europe and modest growth in China, have renewed hopes of a rebound following two years of declining sales. Supplier gains were seen across Mainland and Hong Kong trading, w…
Anthropic has increased efforts to prevent unauthorised access to its Claude AI models from Chinese companies after identifying multiple workaround methods. The company found use of overseas subsidiaries, cloud infrastructure and virtual private networks to reach its services, practices that it says violate its terms of service even if they do not …
Sumitomo Chemical's stock climbed sharply after Dongwoo Fine-Chem, its wholly owned South Korean subsidiary, reached a definitive agreement to form a joint venture with Samsung Electro-Mechanics to manufacture glass core substrates. The planned company - tentatively named GlaSSEM - involves a roughly 480 billion won investment, with Samsung holding…
Sumitomo Metal Mining shares rose 4.3% to ¥7,842 on Friday, driven by a sharp rebound in gold and sustained strength in copper. The metals rally followed a weak U.S. jobs report for June that reduced odds of further Federal Reserve rate hikes, bolstering commodity-linked equities. Recent corporate governance steps and an earlier analyst upgrade hav…
Workers at BHP's South Flank and Mining Area C iron ore sites in Western Australia have approved a new four-year labour agreement by a 58% to 42% margin, unions reported. The deal, which affects 1,814 employees and saw 1,618 cast ballots, guarantees a 16% pay increase over the term, boosts site-based allowances and establishes a payment for delayed…
Shares of Dentsu Soken climbed nearly 15% to 2,717 JPY on Friday after a report said parent Dentsu Group is coordinating with Fujitsu to take the IT firm private. The plan would see Fujitsu and a trading house invest roughly ¥200 billion to purchase the roughly 38.2% of shares held outside the parent, while Dentsu Group retains its roughly 61.8% ho…
Asian equities staged a broad rebound on Friday as investors bought into beaten-down technology names, semiconductor shares led gains across the region and softer oil prices helped improve risk sentiment following comments suggesting tensions with Iran had eased. Economic indicators and PMIs from several regional economies supported the rally, whil…
Mizuho has identified four consumer-sector companies it believes are positioned to benefit from improving fundamentals, margin expansion and continued growth momentum. The investment bank assigns Outperform ratings to Wyndham Hotels & Resorts, Chewy, Costco and Dutch Bros, providing price targets grounded in future EBITDA or earnings estimates and …
U.S. equity futures moved higher Thursday evening after the Labor Department reported substantially fewer jobs added in June than economists had forecast, tempering market bets on near-term Federal Reserve rate increases. Major futures rose modestly, the Dow reached a record closing high in regular trading, and individual stocks diverged, with Appl…
Suncorp shares fell after the insurer trimmed its gross written premium growth outlook for fiscal 2026, citing persistent weakness in its New Zealand commercial portfolio and weaker-than-expected demand in parts of the Australian insurance market. The company also guided total investment income of A$750 million to A$800 million for the full year, w…
Shares of Hong Kong-listed Kuaishou Technology climbed to their strongest level in over a week after Kling AI, its spun-off generative video unit, obtained an initial $2 billion in venture funding. The deal values Kling AI at about $18 billion before the injection, could expand to $3 billion, and is expected to support product development and overs…
Suncorp Group has reduced its gross written premium growth forecast for 2026, citing weaker commercial conditions in New Zealand and softer demand across Australia. The update coincided with a drop in the insurer's shares and a downgraded investment income outlook for the year, and the company warned of increased reinsurance costs for 2027 despite …
Morgan Stanley reiterated an overweight rating and $103 price target on Monster Beverage, pointing to the company’s most extensive innovation program to date. New items introduced since late 2025 now make up roughly 14.5% of U.S. scanner sales, and early market-share data and management plans support above-consensus forecasts through 2028, the brok…
Meta Platforms’ lead of its superintelligence team, Alexandr Wang, told employees at a town hall that the company’s forthcoming AI model, codenamed Watermelon, has reached parity with OpenAI’s GPT-5.5 according to individuals familiar with the matter. The company’s progress comes amid a broader push to scale its AI stack after earlier models lagged…
Meta Platforms CEO Mark Zuckerberg told staff that work on AI agents has not advanced as quickly as anticipated, prompting a reassessment of recent organizational changes. The company continues to ramp spending on AI infrastructure and expects more significant returns within three to six months. A separate review found no employee data was used to …
QTS, the data center unit affiliated with Blackstone, has terminated its proposed Digital Gateway project in Virginia and withdrawn the related regulatory filings after multiple years of planning, approval, local opposition and litigation. The company reaffirmed its continued investments across Virginia, while noting the Digital Gateway had been pr…
