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
DeepSeek on Friday published preview builds of its new V4 family of open source artificial intelligence models. The company introduced two variants - DeepSeek-V4-Pro, a 1.6 trillion-parameter model, and DeepSeek-V4-Flash, a lighter 284 billion-parameter version - and said its top-tier V4-Pro-Max shows advanced performance on coding and reasoning be…
A revived plan to allow U.S. public companies to report earnings twice a year has prompted debate across investors, exchanges and corporate boards. While backers argue semiannual reporting could reduce compliance burdens and encourage longer-term planning, asset managers and hedge funds say companies that opt out of quarterly updates risk investor …
PLS said on Friday it is seeing widening demand for lithium driven in part by energy security concerns, alongside strong interest from stationary battery projects and emerging electric mobility such as electric trucks. The Perth-based miner reported a record quarter of spodumene concentrate production, materially beating analyst consensus, and flag…
Asian equities declined on Friday as technology shares lost their recent momentum amid ongoing Middle East tensions and a fresh surge in oil prices. Investors also digested slightly firmer Japanese inflation data that still sits below the Bank of Japan's target ahead of a policy meeting next week. Regional indexes followed Wall Street's tech-led pu…
Mercedes-Benz is using the Beijing auto show to outline how it will confront intensifying competition from Chinese automakers. CEO Ola Kaellenius said the company will not enter a price war, will accept giving up some lower-segment volume if it is not economically sensible, and will pursue innovation, deeper local supplier and development ties, and…
Hyundai Motor announced a five-year plan to introduce 20 new models in China as part of an intensified effort to regain traction in the country. The company showcased a China-specific electric vehicle and said it will expand local partnerships with autonomous-driving developer Momenta and battery supplier CATL while reiterating a goal of 500,000 an…
Daiichi Sankyo postponed its annual earnings release to May 11, citing a review of its oncology product supply plans and the need for additional time to estimate possible loss provisions related to contract manufacturers. The announcement coincided with an almost 10% decline in the company's shares to 2,505.5 yen, the weakest level since March 2022…
Asian equities showed a mixed performance as lingering instability in the Middle East and faltering U.S.-Iran negotiations kept investors cautious. Oil advanced after continued pressure in the Strait of Hormuz, while currency markets saw a firmer dollar and the yen hovered near the key 160 per dollar level ahead of a week of major central bank deci…
Organon & Co shares climbed in after-hours trading after a report said Sun Pharmaceutical Industries is preparing a $13 billion binding, all-cash offer to acquire the women's health company. The proposed transaction is reported to be fully financed by JP Morgan, MUFG and Citi, and Sun would integrate Organon into its operations without issuing Sun …
Canon reported a substantial decline in first-quarter net and operating profits and trimmed its full-year outlook, citing cost pressures that narrowed margins despite modest revenue increases. The Tokyo-listed company's shares fell nearly 7% as imaging gains were offset by weaker results in printing, medical and industrial businesses. Management re…
Renesas Electronics posted a substantial increase in first-quarter profit and revenue driven by broad-based strength in automotive and industrial markets. Despite the beat, shares fell after investors locked in gains following several days of sharp advances. The company provided a first-half non-GAAP revenue outlook that implies continued growth an…
In its S-1 registration statement, SpaceX says provisions of Texas law, together with language in its charter and bylaws, could make takeovers, tender offers and proxy contests more difficult, and require would-be acquirers to negotiate directly with the company. The filing frames Texas statute protections as a deterrent to coercive or inadequate t…
U.S. stock index futures gained modestly in after-hours trading following remarks from President Donald Trump that Israel and Lebanon agreed to extend their ceasefire by three weeks. The move came after a down day for equities in the regular session, with energy prices climbing above $100 a barrel amid ongoing tensions around the Strait of Hormuz. …
Cisco this week revealed a switching chip designed to interconnect quantum computers built on differing technologies. The device operates at room temperature and uses standard telecommunications fiber-optic cables to translate between systems such as laser-driven atomic platforms and superconducting qubits. Cisco positions the switch as infrastruct…
Singapore is being repositioned from a gateway between East and West to a neutral operational base for artificial intelligence firms. Chinese startups use the island to distance operations from Beijing oversight, while U.S. companies and investors tap Singapore for talent and intellectual property certainty as visa rules tighten and export controls…
On April 23, X-Energy, a Rockville, Maryland-based developer of small modular nuclear reactors backed by Amazon, raised $1.02 billion in an upsized U.S. initial public offering. The company sold 44.3 million shares at $23 apiece, above the marketed $16 to $19 range, and will begin trading on the Nasdaq under the symbol XE.
X-energy Inc. set its initial public offering price at $23 per share, selling 44.3 million Class A shares and granting underwriters a 30-day option to buy another 6.6 million shares. The company, which develops small modular nuclear reactors and fuel technology, expects its shares to begin trading on the Nasdaq Global Select Market on April 24, 202…
President Donald Trump said his administration will review how banks, particularly Wells Fargo, are treating homeowners affected by the Los Angeles wildfires, following a meeting with Los Angeles Mayor Karen Bass and Los Angeles County Supervisor Kathryn Barger. Local officials said the discussion covered FEMA, rebuilding funds, insurance company o…
Fortescue reported a modest rise in iron ore shipments for the third quarter, driven by stronger hematite volumes and notable gains at its Iron Bridge project. Despite a year-on-year improvement, quarterly shipments narrowly missed the Visible Alpha consensus. The miner also trimmed its Iron Bridge shipments outlook after weather-related disruption…
SpaceX obtained a $20 billion bridge loan last month to refinance several existing borrowings as it prepares to file for a U.S. initial public offering. The new facility replaced five prior debt deals tied to the company and affiliated businesses, and includes provisions that could compel repayment with IPO proceeds if other funding is not arranged…
President Donald Trump said on April 23 that Navy Secretary John Phelan was removed from his post following disagreements with senior Pentagon leaders centered on shipbuilding and procurement. Trump described Phelan as a "hard charger" who clashed with others over building and buying new ships. Pentagon officials have not publicly explained the dep…
SAP reported a 17% rise in first-quarter profit, outpacing analyst estimates, driven by robust cloud demand. The company kept its 2024 full-year revenue outlook intact, including cloud growth of 23% to 25%, while warning that the outlook depends on a de-escalation of the Middle East conflict. Key top-line and operating-profit metrics beat consensus…
A group of 15 Democratic members of the U.S. House of Representatives sent a letter urging major retail and shipping CEOs to pass along any refunds they obtain from tariffs imposed during the Trump administration to the consumers who paid higher prices. The lawmakers requested commitments that refunds not be used for buybacks or executive pay and s…
SpaceX warned in a recent S-1 prospectus that multiple regulatory inquiries into sexually abusive imagery generated by its xAI unit could threaten access to certain markets. The filing outlines active probes worldwide into the use of AI for harmful content and cites allegations that xAI’s chatbot Grok produced nonconsensual explicit images and sexu…
Bob Iger has rejoined Thrive Capital in an advisory capacity, founder Josh Kushner said on X. Iger will help the firm's investment staff and advise founders in Thrive's portfolio. The move follows Iger's recent departure as CEO of Disney and continues a relationship that began when he joined Thrive as a venture partner in September 2022.
