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.
30,207 total articles
Several Asia-focused hedge funds have achieved returns above 100% in the first five months of the year, driven by positions in AI hardware and large language model-related companies. Fund managers in the region moved quickly to exploit supply-side tightness across Asia's semiconductor ecosystem, contributing to strong performance even as geopolitic…
ByteDance is negotiating to buy AI inference chips from Shanghai-based Iluvatar CoreX and is also weighing Kunlunxin chips from Baidu, according to two people with knowledge of the discussions. If completed, Iluvatar would join Huawei and Cambricon as one of ByteDance’s principal domestic GPU suppliers. The talks remain private and details could ch…
Atlas Arteria has once again urged shareholders to reject a strengthened takeover proposal from IFM Global, saying the A$5.10-per-share offer, which values the company at A$7.40 billion ($5.23 billion), still undervalues the toll-road operator. IFM described the price as its "best and final". Atlas previously dismissed an earlier approach and cauti…
As gold prices remain elevated after a January peak, some classic and contemporary gold wristwatches are being dismantled and melted because the value of their gold content exceeds what they would fetch on the secondary market. Dealers and industry specialists say mainstream pre-owned models from brands such as Omega and TAG Heuer are most vulnerab…
The Tamil Nadu Pollution Control Board has accused Tata Electronics of discharging wastewater that overflowed from a rainwater harvesting pond at its Hosur facility, contaminating groundwater in nearby open wells used by farmers. The board's notice, following multiple inspections between December 2025 and May 2026, demanded an explanation and warne…
Anthropic said it will abruptly deactivate its newest, most capable AI models after receiving a U.S. export control directive requiring suspension of foreign national access. The government told the company it had concerns about a potential method to bypass safeguards that could let the model identify software vulnerabilities. Anthropic disputes th…
Sigma Healthcare has withdrawn from the sale process for The Boots Group after a preliminary review concluded a potential acquisition would not satisfy the company's strategic priorities or capital allocation framework. The decision ended speculation about a major overseas takeover and coincided with an 8% jump in the company's Sydney-listed shares…
SpaceX's record-breaking U.S. IPO pushed its valuation past $2 trillion, overtaking Tesla and Meta Platforms and prompting investors and strategists to question whether the 'Magnificent Seven' label still captures the market's dominant names. With potential trillion-dollar IPOs like OpenAI and Anthropic on the horizon, new nicknames such as 'MANGOS…
Retail investors played a prominent role in the early trading of SpaceX shares after the company allocated up to 30% of its public offering to individuals. Heavy retail demand helped push the stock up 19% on its first day of trading, produced significant single-stock retail turnover and produced both enthusiastic buyers and disappointed applicants …
SpaceX’s record-setting Nasdaq listing proceeded without major technical problems, comforting market participants who had feared a repeat of past IPO glitches. Banks, exchanges, market makers and trading platforms processed millions of orders, with retail activity reaching unprecedented levels for an IPO auction. The event is being viewed as a test…
Woodside Energy Ltd said on Monday it was not engaged in any discussions about a takeover by Exxon Mobil, responding to media reports last week that the U.S. oil major was considering an offer. The comments come as liquefied natural gas (LNG) remains a focal point for growth amid rising global power demand linked to AI data centers, and after regio…
U.S. equity futures climbed sharply Sunday evening after Washington and Tehran confirmed a finalized memorandum of understanding that is expected to reopen the Strait of Hormuz and ease a U.S. naval blockade. The move followed a strong Friday on Wall Street, highlighted by SpaceX's dramatic trading debut. Attention this week centers on a Federal Re…
Losses tied to authorised push payment (APP) fraud climbed sharply in the latest industry figures, with banks reporting a 19% increase to £576.4 million last year. The rise comes amid a new reimbursement rule, introduced in October 2024, that obliges banks and payments firms to refund victims up to £85,000 and has intensified debate over the role o…
Asian equities jumped on Monday after reports that the United States and Iran had reached a deal affecting the Strait of Hormuz. The news weakened oil prices and the U.S. dollar, bolstering risk appetite across equities and futures while sending Treasury futures higher. Policymakers face a lighter near-term inflation risk just before multiple centr…
Russian equities finished the session lower on Sunday, while the MOEX Russia Index closed unchanged, marking a new six-month low. Utilities names led gains, with ROSSETI, Aeroflot and Unipro among the top performers. Several large-cap stocks including PIK, Rusal and TATNEFT registered declines. Market breadth favored advancers, volatility readouts …
Summary: A Bernstein analysis tested five agentic shopping tools to assess whether AI agents can fully carry out shopping tasks end to end. The study compared general-purpose large language models with retail-native assistants, finding foundational models excel at discovery across a fragmented web but lack access to structured catalogue, pricing, i…
Wolfe Research has initiated coverage on SpaceX (SPCX) with a $175 price target after the company's IPO, arguing that reusability-driven reductions in internal launch costs and a Starlink connectivity inflection point create a durable competitive advantage and substantial earnings upside by 2030. The firm projects steep revenue growth and margin ex…
Lazard has submitted a late proposal to replace Centerview Partners as Venezuela’s financial adviser on the country’s sovereign and PDVSA debt restructuring, offering to do the work for $25 million — markedly below the fee Centerview had been negotiating. The selection of an adviser will shape negotiations over roughly $60 billion in defaulted bond…
Bank of America analysts say Commodity Trading Advisors (CTAs) have pared equity longs after recent market weakness but retain net long exposure. Their models suggest that a further roughly 3% fall in the S&P 500 - and a roughly 5% fall in the NASDAQ-100 - could trigger another wave of systematic selling, particularly as stop-loss frameworks bite. …
The European Commission said it is reviewing the practical consequences for European users after a U.S. export control measure prompted Anthropic to disable access to its most advanced AI models for all users. The Commission stressed contingency measures should not discriminate against partners and said the episode highlights the need to bolster Eu…
SpaceX's initial public offering raised a record $75 billion and saw strong first-day trading, pushing Elon Musk's personal net worth to an estimated $1.1 trillion. The windfall concentrates a large portion of his wealth in SpaceX equity, intensifying debate over governance, political involvement and the risks tied to valuation assumptions for long…
Saudi Arabia's equity market closed higher, with the Tadawul All Share rising 0.57% as advances in the Transport, Cement and Hotels & Tourism sectors powered the session. Market breadth favored gainers, while several individual large-cap names recorded notable moves. Commodities and currency pairs moved notably alongside equities.
European equities have underperformed global peers by about 7% since the Middle East conflict began. Goldman Sachs identifies three principal drivers - energy uncertainty, rising interest rates and limited exposure to the AI-led technology rally - that together help explain the region’s relative weakness. The bank highlights how Europe's status as …
Options tied to SpaceX shares are set to begin trading as soon as Tuesday, according to Cboe, following the company's record market debut on Friday. Market participants expect brisk and volatile activity as investors ranging from existing shareholders to directional traders use options for protection and short-term positioning. Key drivers include …
This week's analyst activity featured several bullish re-ratings across consumer, biotech, insurance and defense names, counterbalanced by a skeptical initiation on SpaceX. Upgrades hinge on visible operational turnarounds, strong commercial launches, policy-driven demand and margin recovery prospects, while the sell-side warning on SpaceX emphasiz…
