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.
30,220 total articles
Shares of Entain rose more than 3% on Tuesday after People Incorporated, formerly IAC, submitted a non-binding proposal to acquire all outstanding MGM Resorts shares it does not already own for $48.30 per share in cash. The offer, a premium to recent VWAP measures and the latest close, has prompted analysts to flag the prospect of subsequent transa…
Goldman Sachs downgraded Ahold Delhaize from "buy" to "neutral" and trimmed its 12-month price target to €40 from €45. The bank cited a weaker revenue outlook in the United States driven by lower Supplemental Nutrition Assistance Program (SNAP) participation following changes under the One Big Beautiful Bill Act (OBBBA), along with slowed grocery v…
British Land has appointed Joanne McNamara as its new chief executive, effective by the end of November. McNamara, a real estate executive with more than two decades of experience and a lengthy tenure at Oxford Properties, will replace Simon Carter who is leaving to join a Pan-European logistics company. The board disclosed salary, a one-off paymen…
Abivax saw its Paris-listed shares tumble more than 32% in early European trading after a 44-week phase study of its oral ulcerative colitis drug obefazimod delivered remission rates well above expectations, but the trial report included a small number of malignancy events that, while judged unrelated to treatment, unsettled the market.
European equity indices opened higher on Tuesday while Brent crude eased, as investors continued to assess uncertainty around whether negotiations to end hostilities in the Middle East will resume. Tech names outperformed, led by a sharp rally in STMicroelectronics after it raised revenue targets for its data-centers business. Market moves were clo…
British equities made modest gains on Tuesday as investors digested reports of progress in talks between the United States and Iran alongside ongoing instability in the Middle East. The FTSE 100 rose by 0.26%, with Germany's DAX and France's CAC 40 also advancing. Market participants monitored diplomatic signals, fragile ceasefire reports in Lebano…
Morgan Stanley has identified Schneider Electric, ABB and Siemens Energy as Overweight picks within the European Capital Goods sector. The bank notes growing global long positioning in names tied to artificial intelligence and electrification trends, while flagging valuation and ownership dynamics that investors should monitor.
Japan's main stock index ended the trading day in Tokyo down 0.49% as sector losses in Paper & Pulp, Transport and Communication outnumbered gains. Major individual movers included strong advances for AGC Inc., Shift Inc. and Isetan Mitsukoshi, while Nippon Electric Glass, Mitsui Mining and Smelting and Yaskawa Electric posted the largest declines.…
Barry Callebaut, the world’s largest chocolate producer, announced a strategic plan called "Focus for Growth" that lays out targets for volume growth, free cash flow and returns once cocoa prices stabilize. The Zurich-based company also reaffirmed its fiscal 2025/26 guidance and provided medium-term financial objectives tied to investment disciplin…
Australia's S&P/ASX 200 finished a narrow loss on Tuesday, with the index down 0.06% at the close in Sydney. Gains in a handful of stocks contrasted with broader sector weakness led by A-REITs, Consumer Staples and Healthcare. Market breadth favored decliners, while volatility measures and commodity prices moved unevenly.
NewRiver REIT reported underlying funds from operations of £37.2 million for fiscal 2026, a 22% increase year-on-year, driven by the full-year contribution from its Capital & Regional acquisition and a completed 10% share buyback. The company also recorded modest valuation growth and robust leasing outcomes, while warning of higher finance costs ov…
Chemring Group posted a 7% rise in first-half revenue to £237.3 million but reported an 8% decline in underlying operating profit to £24.5 million as heavy capital investment to expand energetics manufacturing weighed on margins and balance sheet metrics. The company said its expansion projects in Chicago, Scotland and Norway are progressing and ar…
Hammerson PLC has priced a €350 million bond maturing in five years at 110 basis points over euro mid-swaps with a 3.875% annual coupon. The deal, which was more than five times covered at its peak, is scheduled for issuance on June 8 subject to final documentation. The move forms part of the company’s ongoing refinancing of €700 million of sustain…
J.P. Morgan placed Merlin Properties on Positive Catalyst Watch and retained an overweight rating, raising its December 2027 price target to €19.00. The broker's forecast for FY26 funds from operations (FFO) is about 5% higher than Bloomberg consensus, a gap the bank attributes to stronger revenue and cost trends and the growing value of Merlin’s d…
The Taiwan market closed higher Tuesday, with the Taiwan Weighted up 2.51% to a fresh all-time high. Gains were concentrated in the Plastic, Computers & Peripherals and Electricity sectors. Several individual names recorded 10.00% advances while others hit multi-year troughs. Commodity and FX moves were mixed, with oil lower and gold higher.
RBC Capital Markets has maintained a 16-stock roster on its June 2026 Global Energy Best Ideas list, highlighting names it views as highest conviction across integrated energy, exploration and production, midstream infrastructure, oilfield services and renewables. The bank removed TotalEnergies from the slate this month after strong share price gai…
The White House announced a presidential proclamation amending Section 232 national security tariffs to reduce duties on certain steel, aluminum and copper derivative products to 15% from 25%. The change covers specified agricultural machinery, residential HVAC equipment and mobile industrial machinery imported from qualifying trade deal countries.…
U.S. investment firm Castlelake has signalled interest in a possible takeover of British low-cost carrier easyJet. Analysts say the airline’s depressed market valuation, prized airport slots and efficient Airbus fleet make it an attractive target, even as the carrier continues to struggle to expand market capitalisation since the pandemic. Speculat…
Amazon has scheduled Prime Day for June 23-26, moving the event back from July after several years. The company points to major global and domestic events - including the FIFA World Cup and the 250th anniversary of U.S. independence - as factors in its timing. Amazon expects grocery and household essentials to play an expanding role in Prime orders…
Commonwealth Bank of Australia (CBA) Chief Executive Matt Comyn warned that corporate AI costs are likely to climb in less predictable ways as businesses move the technology into more complex uses. Comyn said firms worldwide are expected to scrutinise AI-related spending through 2026 as adoption increases and pressure mounts to show returns. He als…
European luxury houses are intensifying efforts in the United States through new store openings and U.S.-based fashion presentations to attract a generation of wealthy consumers whose fortunes have been boosted by AI and tech gains. With travel disruptions from the Iran war and ongoing headwinds in China weighing on global demand, luxury groups see…
Asian markets produced a mixed performance on Tuesday as investors weighed conflicting developments in U.S.-Iran communications and cooled momentum in semiconductor and technology stocks. Japan's Nikkei 225 and South Korea's KOSPI retreated roughly 2% from record highs, while Hong Kong's Hang Seng climbed on gains in heavyweight tech names and Chin…
Australia's Fair Work Commission has approved a 4.75% rise in the nation's minimum wage, effective July 1, lifting weekly pay for the lowest-paid workers to A$1,004.90 (A$26.44 per hour), or about $719. The change affects roughly 3 million workers and follows Reserve Bank of Australia inflation projections that have been revised higher amid energy …
NASA Administrator Jared Isaacman said the launch pad damage caused by last week’s New Glenn engine test explosion will take "some serious time" to fix, and that a 2028 timeframe for recovery is "within the realm" of possibility. Engineers describe the pad as "practically destroyed," with repairs expected to pause operations for at least six months…
A Los Angeles federal jury on Monday convicted prominent short-seller Andrew Left of securities fraud, finding him guilty on 13 of 17 counts related to social-media communications prosecutors said were used to manipulate shares and profit from trades. Prosecutors allege Left earned about $20 million on those trades between 2018 and 2023. Left publi…
