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.
30,214 total articles
Japan's stock market closed lower on Friday, with the Nikkei 225 sliding 1.57% as losses in Paper & Pulp, Transport and Communication sectors pressured the index. Market breadth favored decliners, volatility rose and select large movers produced sharp individual gains and losses. Oil, gold and currency markets recorded modest moves alongside the eq…
SenseTime Group announced a HK$3.25 billion ($415 million) placing of 1.7 billion new Class B shares priced at HK$1.91 each, at roughly an 8.6% discount to the previous close. The issuance, representing just over 4% of existing issued capital, prompted a near-term drop in the stock, which fell as much as 4.8% to HK$1.99 by 02:39 ET (06:39 GMT). Net…
Apple's iPhone shipments in China rose 20% in the first quarter, outpacing peers even as the broader smartphone market in the country declined by 4% from January to March due to supply chain disruptions and higher memory chip prices, according to Counterpoint Research. Huawei also grew modestly, while several domestic brands saw declines.
The International Energy Agency has cautioned that parts of Europe could face physical shortages of jet fuel within six weeks if disruptions in the Strait of Hormuz persist. With roughly three quarters of Europe’s jet fuel supply tied to the Middle East and prices climbing sharply since the outbreak of the U.S.-Iran war in late February, carriers a…
The S&P/ASX 200 closed lower on Friday, slipping 0.09% as declines in the Gold, Consumer Discretionary and Energy sectors contributed to an overall downbeat finish. While a handful of stocks rallied strongly, more issues fell than rose and volatility eased to a one-month low. Commodity and currency moves were mixed, with oil prices lower and a near…
Chinese state media and social platforms have increasingly republished and amplified statements from Taiwanese opposition figures, influencers and retired military officers to mount an information campaign aimed at discrediting Taiwan's Democratic Progressive Party (DPP) and discouraging costly defense buildup. Data from Taipei-based research group…
Uber has agreed to acquire roughly 4.5% of Delivery Hero for about €270 million, purchasing shares from Prosus at €20 apiece. The transaction is part of Prosus’s move to shrink its holding following regulatory constraints tied to its takeover of Just Eat Takeaway. After the purchase, Uber is expected to own about 7% of Delivery Hero; the company ca…
Taiwan's stock market finished higher on Friday, led by strong performances in the Machinery, Optoelectronic and Electronic Parts/Components sectors. The Taiwan Weighted rose 1.17% to close at a fresh all-time high. Several individual stocks posted double-digit percentage moves, while commodity and currency markets showed mixed action.
Manycore Tech Inc, a Hangzhou-based spatial artificial intelligence company, opened trading in Hong Kong with a dramatic rally after an IPO that was oversubscribed by roughly 1,591 times. Shares jumped as much as 171% from the initial offer price, trading near HK$18.40 by midday after pricing at HK$7.62. The company sold about 160.6 million shares …
Following the recent China Medical Equipment Fair (CMEF), Morgan Stanley identified five China-listed medical device companies it views as leaders based on product pipelines and commercialization approaches. The note emphasizes shifts toward AI-enabled services and consumables, expanded robotics portfolios, new regulatory approvals, and platform-le…
Sweden’s Ericsson posted first-quarter adjusted operating profit below analyst expectations, attributing the shortfall to rising semiconductor costs tied to AI demand and softer sales in North America. The company reported lower-than-expected sales but retains significant U.S. exposure after a major AT&T contract.
Shares of Taiwan Semiconductor Manufacturing Co. retreated in Taipei trading after a run of record highs and the company’s announcement of record first-quarter profit for 2026. Investor profit-taking combined with worries about supply disruptions for specialty chemicals from the Middle East and possible capacity constraints weighed on the shares, e…
Malaysia’s economy expanded 5.3% in the first quarter on a year-earlier basis, according to official advance estimates, marking a moderation from the 6.3% growth recorded in the previous quarter. Growth was supported by continued strength in manufacturing, services and construction, but mining and quarrying output fell amid lower crude oil and natu…
Honda plans to stop production at one gasoline-powered joint-venture plant in China in June and may suspend a second plant in 2027, a move that would cut Honda's petrol car capacity in China roughly in half and form part of a wider restructuring tied to an EV pivot. The company cites a steep sales decline in China and faces growing competition from…
Sanrio Co Ltd has suspended a managing director following an internal probe that determined the executive received improper compensation amounting to 'several hundred million yen' from a subsidiary they oversaw. The announcement sent shares down as much as 4% before some recovery. The company has engaged an independent organization to support a dee…
A proposed class action filed in a U.S. district court in Massachusetts contends that Circle Internet Group did not act to stop the transfer of roughly $230 million in USDC after the Drift Protocol was exploited for about $280 million on April 1. Plaintiffs say Circle both could and should have frozen the assets as they moved across blockchains via…
Kweichow Moutai saw its Shanghai-listed shares decline after reporting a modest slowdown in full-year growth for 2025, with revenue and net profit down year-on-year even as profitability and cash generation remained strong. The company also proposed an annual cash dividend of 27.99 yuan per share, while investors reacted to the weaker top- and bott…
Singapore's non-oil domestic exports rose 15.3% in March, the government agency reported, sustained by robust demand for electronics tied to artificial intelligence infrastructure. The increase is the seventh month of expansion, following a 4% gain in February, and contributed to a 9.6% rise for non-oil exports in the first quarter of 2026. Gains w…
AEVEX raised $320 million by pricing 16 million shares at $20 each in its U.S. initial public offering. The Solana Beach, California based defense contractor, which supplies airborne intelligence, surveillance and reconnaissance systems to the U.S. government and allied forces, will begin trading on the New York Stock Exchange under the ticker AVEX…
Asian equity markets slipped on Friday as investors took profits following a strong run earlier in the week, but the region remained on course for weekly gains. Optimism around possible U.S.-Iran diplomatic engagement and robust technology company results - notably in semiconductors - lent support to the rally that has driven several indexes toward…
Asian shares looked set to extend gains into a second week and global oil benchmarks slipped below $100 a barrel after signs of a temporary de-escalation in the Middle East. A 10-day Lebanon-Israel ceasefire and remarks about a potential meeting between U.S. and Iranian officials helped cool energy markets, even as the Strait of Hormuz remains clos…
Lupin's U.S. subsidiary has reached a $30 million settlement with insurer Humana over antitrust claims, while continuing to deny any unlawful conduct. The payment resolves Lupin’s portion of a larger lawsuit that names 37 pharmaceutical companies and includes allegations tied to delaying a generic version of Glumetza. Lupin said the amount was alre…
OpenAI has agreed to spend in excess of $20 billion on servers using Cerebras processors over the next three years, in a deal that includes warrants granting a minority equity stake in the chip maker. The agreement also features roughly $1 billion to support data-center construction and the potential for OpenAI's ownership share to rise, including …
Tesla has posted multiple engineering positions in Taiwan for its Terafab artificial intelligence chip manufacturing project, seeking candidates with significant experience in advanced semiconductor production. The listings describe a vertically integrated facility that will combine logic, memory, packaging, test and lithography mask production, an…
Zip Co reported a record quarterly cash EBTDA of A$65.1 million, a 41.5% increase year-on-year, and upgraded its fiscal 2026 cash EBTDA guidance to at least A$260 million. The buy now, pay later group saw expanded operating margins, double-digit rises in transaction value, income and volumes, and particularly strong volume growth in the United Stat…
