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
Julius Baer Gruppe AG's stock dropped sharply after a four-month interim management statement showed materially better profitability but a much weaker-than-expected pace of client inflows. The bank reported adjusted profit before tax of 598 million Swiss francs, beating consensus by roughly 23%, and a cost-to-income ratio of 62%. However, net new m…
Lanxess shares fell about 3% after Goldman Sachs downgraded the company to Sell from Neutral and trimmed its price target from €21 to €13. The move followed first quarter 2026 results and a second quarter adjusted EBITDA guidance that came in roughly 10% below Visible Alpha Consensus and about 37% below Goldman Sachs' projections. Goldman cited a r…
U.S. equity futures rose on May 22 after government bond yields eased, boosting large-cap technology and semiconductor stocks. Markets remain attentive to developments in negotiations aimed at ending the months-long war in the Middle East, with reports of diplomatic meetings and cautious statements from U.S. officials tempering investor uncertainty…
Standard Chartered chief executive Bill Winters issued an apology after staff expressed upset about his comments that artificial intelligence will replace 'lower value' human workers. Winters reiterated the rationale for planned reductions in back-office support roles tied to AI adoption, while providing the full transcript of his remarks and affir…
Citi plans to concentrate a sizable portion of its global wealth-management hiring in Asia, the bank’s global head of wealth said, citing the region as the fastest-growing and most productive area of its private banking business. The move supports targets to lift returns for the wealth unit, which posted a near 50% rise in net income to $1.5 billio…
Deutsche Bank upgraded DHL Group to Buy from Hold and raised its price target to €56 from €48, saying market worries about AI disruption and Amazon encroachment have been overstated. The bank cited a €1 billion cost-saving program, a well-invested Express network and sustained pricing power as reasons for the upgrade, while DHL’s recent results and…
Workday shares jumped nearly 12% in premarket trading after the company reported first-quarter revenue and adjusted profit above analysts' estimates. Subscription revenue rose 14.3% to $2.35 billion, with 40% of that increase attributed to net new business, yet Workday maintained its annual subscription revenue forecast. Analysts said the results p…
The IDX Composite closed marginally higher, rising 0.03% as advances in the Agriculture, Basic Industry and Property sectors outweighed declines elsewhere. Market breadth was narrowly positive, with 359 stocks up and 353 down. Key commodity benchmarks, including crude and Brent oil, fell sharply, while the rupiah weakened against the US dollar and …
Italian financial police said they dismantled a complex piracy network built around an application called CINEMAGOAL that illegally decrypted content from major streaming services. Authorities estimate roughly €300 million in damages to rights holders and seized foreign servers and source code after coordinated actions in Italy, France and Germany.…
Puig Brands plunged after both companies confirmed the end of negotiations to form a combined luxury beauty group with Estée Lauder. The proposed $40 billion transaction, first acknowledged in March 2026, unraveled amid publicity, contract renegotiations and complications tied to key brands. Estée Lauder shares rose sharply in extended trading whil…
Softcat PLC shares jumped nearly 9.5% to 1578.5p in today’s trading, extending a recovery sparked by a robust H1 FY2026 performance and an upgraded full-year profit outlook. Strong operating profit growth, high cash conversion and a recently paid interim dividend have combined with a bullish analyst consensus and accelerating AI-related corporate s…
Macquarie has identified four technology companies listed in Hong Kong and China that it views as well positioned to benefit from demand drivers including AI datacenter infrastructure, increased semiconductor equipment purchasing, and upgrades to smartphone components. The bank's selections emphasize firms in precision manufacturing, imaging sensor…
Puig's stock tumbled almost 13% in early trading on Friday after discussions with Estée Lauder over a potential merger, first reported in March, were discontinued. Reports that Charlotte Tilbury sought to renegotiate terms related to her remaining minority stake were cited as a complicating factor. Estée Lauder's shares climbed 10.1% in after-hours…
Britain’s benchmark shares opened modestly higher on Friday, supported by a strong trading update from Softcat that pushed the mid-cap index ahead of its larger counterpart. The rise came despite official figures showing the largest monthly fall in UK retail sales in almost a year and continued geopolitical uncertainty tied to the Iran conflict.
European stock indices opened positively on Friday as investors balanced hopeful comments about talks with Iran against persistent geopolitical and economic uncertainties. Major benchmarks registered modest gains by early European hours, while energy markets stayed under pressure from continued closures in the Strait of Hormuz. Economic indicators …
European equities edged higher on Friday as market participants reacted positively to indications of progress in negotiations between the United States and Iran. The STOXX 600 climbed 0.5% to 623.79 points by 0703 GMT, while Germany posted improving consumer sentiment and 0.3% economic growth in the first quarter of 2026. Sector gains were supporte…
Tokyo's stock market closed higher, with the Nikkei 225 up 2.74% as gains in Real Estate, Banking and Textile sectors powered the advance. Several large-cap issues posted double-digit percentage increases, while a handful of insurers, property and pharmaceutical names finished lower. Market breadth was positive, volatility eased and key commodities…
Stephen Colbert concluded his 11-season run on late-night television with a final episode that mixed heartfelt thanks to his audience, pointed jokes about his cancellation by CBS and a surprise appearance by Paul McCartney. The program closed with McCartney and Colbert performing the Beatles song "Hello, Goodbye." The cancellation, announced by CBS…
Australian equities finished the session higher, with the S&P/ASX 200 rising 0.41% as strength in Metals & Mining, Materials and Resources stocks supported the market. Guzman Y Gomez, Paladin Energy and Iluka Resources were the session's biggest risers, while Lend Lease, Telix Pharmaceuticals and Seek were notable decliners. Market breadth favored …
Taiwan stocks finished lower after the close on Friday, with the Taiwan Weighted index falling 0.39%. Strong gains in several individual names were offset by steep declines among a subset of electronics and materials companies. Commodities and currency moves were modest, with crude and Brent edging higher while gold retreated.
Shares of Zhipu AI and MiniMax climbed sharply after a Bloomberg report said both firms were considered top contenders for inclusion in Hang Seng indexes during the quarterly review. Zhipu, trading as Knowledge Atlas Tech Joint Stock (HK:2513), rose 26.2% while MiniMax Group Inc (HK:0100) jumped nearly 17%. Inclusion would affect eligibility for th…
DeepSeek has informed prospective backers it will emphasize pioneering artificial intelligence research and the pursuit of artificial general intelligence (AGI) rather than short-term commercial rollouts as it advances a fundraising effort that could value the company near $45 billion. Founder Liang Wenfeng has indicated the company will keep devel…
PCG Power, a Chinese clean-energy company founded in 2022 that develops commercial and industrial distributed photovoltaic and clean energy power stations, is preparing an initial public offering in Hong Kong and may submit its listing application as soon as August. The company is targeting a valuation between $2.5 billion and $3 billion, while the…
Europe’s effort to cut dependence on U.S. card networks such as Visa and Mastercard is being hampered by disagreements between the European Central Bank and private financial institutions. Banks worry that a centrally backed digital euro and regulatory changes to merchant fees will erode revenue, delaying legislation and complicating the developmen…
Tech names tied to artificial intelligence have delivered the majority of positive returns in European equities over the past six weeks, according to TS Lombard, even as the Iran war and an associated energy shock damp economic activity and weigh on broader market performance. Two AI-focused baskets - one centered on semiconductor supply-chain firm…
