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
The U.S. National Highway Traffic Safety Administration has banned replacement air bag inflators imported from China and linked to ruptures that caused at least 10 fatal crashes and additional serious injuries. The inflators, associated with Jilin Province Detiannuo Automobile Safety System Co Ltd (DTN), were illegally imported into the United Stat…
Ingersoll Rand stock dropped about 4.7% to $77.40 after the industrial manufacturer issued a cautious full-year adjusted earnings-per-share forecast, citing import tariffs on materials such as steel and aluminum. The guidance range of $3.45 to $3.57 is centered near analysts' consensus of $3.52. The outlook came even as first-quarter adjusted EPS o…
Avis Budget's shares extended a losing streak, sliding for a sixth straight session after the car-rental operator posted another quarterly loss and a major investor pared back its holdings. The stock has swung wildly this month, including an all-time intraday high, before collapsing amid heavy short interest and investor repositioning. Operational …
Norwegian shares ended Wednesday's session higher, propelled by advances in Healthcare Equipment & Services, Pharma Biotech & Life Sciences and Utilities. The Oslo OBX rose 0.29% as a handful of large-cap stocks posted notable moves while energy and commodity markets registered strong swings during the day.
Israel's benchmark TA 35 rose 1.19% at Wednesday's close, with gains concentrated in the Communication, Insurance and Oil & Gas sectors. Teva Pharmaceutical led winners with a near 9.8% jump. Oil prices climbed notably, while gold futures fell and local currency pairs strengthened against the dollar.
Greece's stock market closed modestly lower on Wednesday, with the Athens General Composite retreating 0.11% as losses in the Telecoms, Household and Basic Resources sectors outweighed gains. Cenergy Holdings led gains and reached an all-time high, while a larger number of stocks fell than rose. Commodity and currency moves included sharp oil gains…
Walmart has commissioned a new milk processing and bottling plant in Robinson, Texas, funded with an investment of more than $350 million. The facility will produce milk across sizes and types for the retailer's Great Value and Sam’s Club Member’s Mark private labels, supply over 650 Walmart locations across the South Central U.S., and add more tha…
Medicover AB reported first-quarter results that exceeded analyst expectations, driven by margin expansion in its Healthcare Services division in Poland and India and solid performance in Diagnostics Services. Adjusted EBITDA reached €104.6 million and net profit rose to €20.6 million, while organic revenue growth outpaced currency pressures.
Morgan Stanley has named three Greater China semiconductor-related companies it views as leading opportunities amid artificial intelligence-driven demand and rising adoption of advanced testing technologies. Using residual income models and specified cost-of-equity and growth assumptions, the bank set price targets for Winway Technology, MPI Corpor…
RHI Magnesita reported a 15% year-on-year increase in adjusted EBITA for Q1 2026, driven by cost discipline and self-help initiatives, with a 46% rise on a constant currency basis. While steel volumes were broadly flat and some regional markets softened, the Americas delivered a strong contribution. Management reiterated full-year fiscal 2026 EBITA…
Vimian Group AB reported first-quarter revenue of 116 million euros, an 8% year-over-year increase and 9% organic growth, beating consensus by 2%. Adjusted EBITA rose to 29.2 million euros, 3% above the prior year and 4% ahead of analyst expectations. Segment results were led by Diagnostics and Specialty Pharma, while MedTech and Veterinary Service…
Australian equities closed lower, with the benchmark S&P/ASX 200 down 0.27% as weakness concentrated in the Healthcare, Financials and Gold sectors. A handful of miners and specialty names posted gains, while breadth favored decliners. Volatility as measured by the S&P/ASX 200 VIX moved to a one-month low, and commodity and currency moves were mixe…
Fuchs SE reported first-quarter sales of €934 million and EBIT of €125 million, both ahead of analyst estimates. The company delivered organic growth across regions, expanded EBIT margins in EMEA and Asia-Pacific, and improved free cash flow and net liquidity. Management raised its full-year sales target to above €3.7 billion while keeping EBIT gui…
Huhtamaki reported first quarter results that outperformed analyst estimates on both operating profit and earnings per share, with strength coming from its fiber unit and North American operations. Sales rose 1% versus prior quarter declines, aided in part by Easter timing. Management reiterated a steady 2026 trading outlook but cautioned that high…
Kambi Group reported modest revenue growth and a sizeable jump in EBITA margin for the first quarter, and reiterated its full-year EBITA guidance for fiscal 2026 even as a €4 million tax increase in Colombia creates a headwind. The supplier expects flat total expenses for the year as efficiency programmes offset inflation and flagged customer migra…
Pernod Ricard said it has ended merger discussions with Brown-Forman after the parties were unable to agree on mutually acceptable terms. Conversations that began a little over a month ago concluded without a deal. Pernod Ricard said the proposed combination - initially described as a partnership that would operate as a merger of equals when first …
Symrise reported first-quarter revenue of €1,249 million, beating analyst expectations of €1,231 million. Organic sales contracted 0.4% versus a consensus forecast of -1.6%. The Taste, Nutrition & Health division showed organic growth of 1.7%, while Scent & Care fell 3.4% organically. The company left its fiscal 2026 guidance for organic growth and…
Melexis NV reported first-quarter sales that modestly exceeded analyst expectations while keeping its guidance for the first half of 2026 unchanged. The company delivered slightly stronger-than-expected revenue and margins, but earnings per share fell short of consensus. Management signaled stabilization in China automotive demand, solid European m…
Austrian industrial technology firm Andritz reported modest year-over-year revenue growth of 1.7% in the first quarter, a 2.9% rise in net income to 91.8 million euros, and record order intake driven by mid-sized Hydropower contracts. The service business expanded, led by gains in Pulp & Paper and Hydropower. Management published a 2026 revenue ran…
Taiwan's benchmark index closed at a fresh all-time high after a broad rally led by the Semiconductor, Electronics and Electrical/Machinery sectors. Several mid- and small-cap names posted double-digit percentage moves, while select stocks recorded significant declines. Commodity and currency markets showed modest movement amid the equity gains.
Gjensidige Forsikring reported first-quarter earnings that came in 8% above expectations, driven by stronger underwriting outcomes, a better underlying loss ratio and investment returns that far exceeded forecasts. Revenue growth remained solid at 10.6%, while the company’s solvency ratio exceeded forecasts. Offsetting positives were a significant …
Taiwan Semiconductor Manufacturing Co. (TSMC) has sold all of its holdings in British chip designer Arm Holdings, disposing of 1.11 million shares at $207.65 apiece for total proceeds of $231 million, according to a filing. The move leaves TSMC with no remaining Arm equity after previous investments and a 2024 partial sale.
Finnish elevator manufacturer Kone has reached an agreement to purchase German rival TK Elevator from private equity owners Advent International and Cinven for 29.4 billion euros ($34.40 billion), a deal that would produce the world’s largest lift maker and is the largest takeover in Finland's history. Kone projects roughly 700 million euros of ann…
Mercedes-Benz posted a 17% fall in first-quarter operating profit to 1.9 billion euros, topping analyst expectations but showing margin compression as China weakness, steep tariffs and the transition to electric vehicles weigh on results. Revenue missed estimates and the core cars division saw adjusted return on sales fall to 4.1% from 7.3% a year …
Shares of Baidu and other China-listed robotaxi operators fell after a report said Chinese regulators suspended approvals for new high-level autonomous driving permits following widespread failures of Baidu’s Apollo Go vehicles. The pause, which blocks fleet growth and new pilots, comes after an incident in late March in which more than 100 Apollo …
