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.
30,218 total articles
U.S. investment firm Castlelake is reportedly exploring a partnership with MSC, the global shipping group, as part of a potential consortium to submit a takeover bid for British low-cost carrier easyJet. Castlelake has indicated it is considering an offer above 403.23 pence per share but has not approached easyJet's board. Under UK takeover rules, …
Executives and industry stakeholders gathering for the International Air Transport Association annual meeting in Rio de Janeiro will confront a sharp rise in jet fuel prices, flight detours tied to the Iran war and growing delivery and engine shortages. The disruptions are squeezing margins, prompting fare increases, route cuts and a reassessment o…
Taiwan equities closed higher on Thursday, with the Taiwan Weighted index rising 0.48% to a fresh all-time high. Strength in Information Services, Plastic manufacturers and Computers & Peripherals shares underpinned the advance, while several individual names recorded double-digit moves in both directions. Commodity and currency markets showed mixe…
Taiwan Semiconductor Manufacturing Company CEO C.C. Wei told shareholders at the company’s annual meeting that demand for computing power and advanced semiconductors tied to artificial intelligence remains strong. Wei said TSMC is working to satisfy customer needs, is investing $165 billion in new Arizona fabs, and warned that fully meeting U.S. cu…
Integrum, the Sweden-based maker of bone-anchored prosthetics, said net sales fell year-over-year in its fiscal fourth quarter. The company recorded non-recurring charges of SEK 15 million that reduced operating profit, reported an EBIT loss of SEK 20 million and an adjusted EBIT loss of SEK 5 million, and completed a record number of S1 surgeries …
Asian semiconductor and artificial intelligence-related equities declined Thursday following a sharp aftermarket drop in Broadcom. The chip designer reported a mixed fiscal quarter - slightly better-than-expected profit but revenue that missed estimates - and left its current-quarter AI chip revenue forecast unchanged at $16 billion, below market h…
The European Union introduced a technology sovereignty package intended to strengthen regional tech providers and curb the dominance of major U.S. cloud players. While it sets guardrails for sensitive public tenders and encourages a rapid expansion of data centres using some European hardware or software, the measures stop short of full self-relian…
Ampol's shares rose after Australia’s competition regulator approved its purchase of EG Australia on the condition Ampol divests 41 service stations. The company has agreed to sell those sites to Metro Petroleum and expects the takeover to close on June 30, paying about A$1.12 billion in net cash after electing to cash-settle the share component. A…
Indonesia’s legislature approved broad new legislation that strengthens the central bank’s role in supporting economic growth and allows lawmakers to evaluate independent financial regulators and Bank Indonesia. Passed by acclamation with unanimous party support, the bill has not yet been published and has prompted investor unease over potential po…
Meta Platforms has repeatedly delayed making its newest AI model available to external developers and currently has no scheduled release date. The postponements have extended to almost two months following an internal comment that a release would come "soon." Meta says it is testing an application programming interface (API) for the model with part…
Foreign companies listing their Indian subsidiaries are predominantly using offer-for-sale (OFS) structures that allow existing shareholders to sell stakes rather than raising new money for the Indian businesses. Data show only one in six foreign-based firms listing since 2024 raised fresh capital; the rest were secondary offerings that returned ne…
Meta has delayed multiple planned rollouts of the Muse Spark AI model API for developers and, according to recent reports, had no scheduled launch date as of Tuesday. The company, however, told Reuters it is testing the API with select early partners and intends to release it this month. Muse Spark, unveiled in April, is the first model in a new Su…
Hyundai Motor, NVIDIA Corporation and the South Korean government are in late-stage discussions to establish an artificial intelligence research and development center in South Korea. The Saemangeum reclamation project on the country's southwest coast is the leading candidate for the site. The planned center would mirror Nvidia's existing R&D facil…
Sunshine Silver Mining & Refining Company raised $270 million in its U.S. initial public offering by selling 20 million shares at $13.50 each. The Kellogg, Idaho-based firm, backed by Electrum Group and Ospraie Management, will list on the New York Stock Exchange as SSMR and is advancing plans to restart and expand a previously shuttered mine in Id…
Asian equities declined Thursday as technology and semiconductor names ceded recent gains and uncertainty around U.S.-Iran talks kept markets defensive. Follow-through selling from overnight weakness on Wall Street - including a drop in Broadcom after mixed results - added pressure across the region, with Japan and South Korea among the hardest hit…
Treasury Wine Estates will shrink its brand roster and concentrate investment on a small group of premium labels led by Penfolds, while restructuring its Americas operations to cut costs and improve margins. The plan includes reducing the number of brands to fewer than 30 over five years from 76 today, annual cost savings of about A$100 million, an…
Sunshine Silver Mining & Refining Company has set the terms of its initial public offering, pricing 20 million shares at $13.50 apiece and granting underwriters a 30-day option for 3 million additional shares. The company's common stock is slated to begin trading on the New York Stock Exchange on June 4, 2026 under the ticker SSMR, with the offerin…
Innio, a Munich-based manufacturer of gas engines, raised $2.43 billion in its U.S. initial public offering by selling 90 million shares at $27 apiece. Backed principally by AI Alpine - co-owned by Advent International-managed funds and the Abu Dhabi Investment Authority - the company priced at the top of its indicated range as investors target fir…
INNIO Group set the price of its initial public offering at $27 per share for 90 million common shares, up from an originally proposed 75 million share deal. The transaction is comprised entirely of secondary shares sold by the sole selling shareholder; INNIO will not offer shares nor receive proceeds. Shares are slated to begin trading on the Nasd…
Taiwan Semiconductor Manufacturing Co. (TSMC) told shareholders it expects growth over the next several years as surging demand for computing power from AI deployments supports strong orders for advanced chips. CEO C.C. Wei said customers remain upbeat about the AI sector during the company’s annual meeting in Hsinchu, while Taiwan hosts the Comput…
U.S. equity futures declined Wednesday evening as technology and semiconductor names retreated after Broadcom reported slightly weaker-than-expected revenue and left AI chip sales guidance unchanged. Markets were also unsettled by renewed U.S.-Iran military exchanges and limited progress toward a ceasefire, prompting profit-taking after a strong ru…
Meta has accused Australia of violating its bilateral Free Trade Agreement with the United States by proposing a 2.25% tax on platforms' total Australian revenue, including income unrelated to social media. The company said the measure is broader than prior digital services taxes that prompted U.S. trade responses, and warned other governments to s…
Asian equity benchmarks opened lower as fresh exchanges of fire between the U.S. and Iran pushed investors into risk-off positions. Major regional indices and futures fell, Broadcom shares plunged after disappointing revenue guidance, and commodity and currency markets reflected heightened geopolitical uncertainty. Conflicting signs of de-escalatio…
Quantinuum, a quantum computing company supported by Honeywell, completed an upsized U.S. initial public offering that generated approximately $1.68 billion in gross proceeds. The company sold 28 million shares at $60 apiece and is expected to begin trading on the Nasdaq Global Market under the ticker QNT, with the offering set to close on June 5.
Quantinuum Inc. has priced an initial public offering of 28 million shares of Class A common stock at $60.00 per share and granted underwriters a 30-day option to buy up to 4.2 million additional shares at the IPO price. The company intends to list on the Nasdaq Global Market under the ticker QNT beginning June 4, 2026, with the expected closing of…
