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.
30,187 total articles
Infineon Technologies shares rose more than 3% after J.P. Morgan upgraded the company to overweight from neutral and lifted its price target to €48. The bank pointed to accelerating demand for AI power components, supply limitations driving pricing power, and signs that automotive market pressures could ease by the second half of 2026.
Novartis has struck an agreement to purchase SNV4818, an experimental breast cancer drug candidate from U.S. biotech Synnovation Therapeutics, for a total potential consideration of up to $3 billion. The transaction consists of a $2 billion upfront payment and as much as $1 billion tied to future development milestones. SNV4818 is a selective PI3Ka…
JPMorgan Chase will issue reports to junior investment bankers that juxtapose computer-generated estimates of their weekly work hours with the hours they record on time sheets. The estimates are produced from a digital footprint that includes video calls, desktop keystrokes and scheduled meetings. The initiative is being piloted and is expected to …
Indonesia's benchmark IDX Composite Index rose 1.20% at the close on Friday, propelled by strength in the Infrastructure, Financials and Agriculture sectors. A handful of individual stocks posted large percentage gains and losses, while oil, gold and currency pairs recorded modest moves in overseas trading.
Europe’s STOXX 600 recorded a modest intraday gain on Friday but was poised for a third straight weekly drop as a widening conflict in the Middle East and a recent spike in oil prices heightened inflation worries and raised the likelihood of further European Central Bank rate action. Financials led gains while energy lagged, and Unilever shares cli…
European stock indexes rose at the open on Friday, recovering from a sharp decline the prior session as investors weighed lower oil prices against an escalating Middle East conflict that has prompted attacks on gas infrastructure. Benchmarks including the Stoxx 600, Dax, CAC 40 and FTSE 100 posted gains by early morning trading, while concerns abou…
Barclays has begun covering CVS Group Plc at an "equal weight" rating with a 1,340 pence target, pointing to acquisitions in Australia that are forecast to produce returns below its cost of capital, competitive pressures in the UK market and limited short-term trading clarity. The bank flags cohort variability in acquisition returns, execution risk…
Japan's stock market closed lower on Friday, with the Nikkei 225 ending the session down 3.38% as declines in the Paper & Pulp, Transport and Communication sectors dragged the index down. Individual movers included notable gains for BayCurrent Consulting, Furukawa Electric and Inpex, while Sumitomo Metal Mining, Taiheiyo Cement and Tokyo Electric P…
Goldman Sachs lowered its recommendation on Lufthansa to sell from neutral after modelling roughly a $1 billion product-basis loss on the airline's fuel hedges and forecasting a material drop in 2026 EBIT. The bank maintained a buy rating on IAG, but trimmed price targets for both carriers and warned that further fuel-cost increases or softer deman…
Goldman Sachs identified HF Sinclair, Valero Energy and Marathon Petroleum as its preferred U.S. refining equities, citing stronger refining margins on the West Coast, attractive shareholder return profiles and potential near-term support from Middle East supply disruptions and strategic reserve releases. The bank emphasized companies with premium …
Samsonite International reported weaker full-year financial results, with net sales down 2.5% and adjusted net income falling 20.7%. The company attributed lower revenue to more cautious buying by brick-and-mortar wholesale customers amid softer consumer sentiment and macroeconomic uncertainty, while direct-to-consumer e-commerce partially offset d…
The International Energy Agency set out immediate actions households, businesses and governments can take to reduce energy demand and blunt recent price spikes linked to the U.S-Israel war with Iran. The recommendations - ranging from working from home to cutting highway speeds by at least 10 kilometres per hour and avoiding air travel when alterna…
Taiwan's stock market finished Friday with a solid gain as the Taiwan Weighted rose 1.51%, paced by jumps in semiconductor-related names and other tech-linked stocks. Notable individual moves included 10% advances for Weltrend Semiconductor, Leadtek Research and Biostar Microtech, while a small group of stocks posted double-digit percentage decline…
A joint venture of GE Vernova LLC and Hitachi Ltd will invest $40 billion to build small modular nuclear reactors in Tennessee and Alabama, announced in a White House fact sheet following a meeting between President Donald Trump and Japanese Prime Minister Sanae Takaichi. The investment is part of a larger $73 billion energy agreement between Japan…
Virgin Australia said it will adjust ticket prices as costs across aviation continue to climb, a trend the carrier said has been materially worsened by developments in the Middle East. The airline noted ongoing cancellations of services operated by Qatar Airways through at least March 28, 2026, and reaffirmed prior hedging positions for fuel and fo…
Australian equities closed lower on Friday with the S&P/ASX 200 sliding 0.82% to a fresh three-month low. Losses were concentrated in the Materials, Metals & Mining and Gold sectors. Notable individual moves included gains for Stanmore Coal, Objective Corp and Telix Pharmaceuticals, while Greatland Resources, Alcoa Corp DRC and Virgin Australia rec…
The World Economic Forum is examining plans to reduce the size of its 28-member board of trustees, a move that could consolidate influence among senior figures. The proposals are expected to be debated in the coming months, and a decision could be made at the trustees' biannual in-person meeting this summer. The review follows a series of high-prof…
Xiaomi shares tumbled after the company unveiled an updated SU7 electric sedan and disclosed pricing that raised investor concerns about narrowing EV margins amid rising component costs. The stock fell 6.9% to HK$33.80 and underperformed the Hang Seng, while Xiaomi outlined substantial AI investment plans and said the SU7 would compete directly wit…
OCBC analysts say Asian defence equities are in the early stages of a broader structural upcycle driven by heightened geopolitical tensions and a push for greater military self-sufficiency. Despite solid absolute gains, the regional aerospace and defence index has lagged peers in the US and Europe, leaving room for re-rating as governments accelera…
Residents across central Moscow, St Petersburg and other major cities have encountered daily mobile internet shutdowns, intermittent service restrictions and blocked messaging platforms as Russian authorities intensify measures to control online communications. Officials frame the actions as security measures and legal enforcement; diplomats and an…
Authorities in the United States, Germany and Canada coordinated a takedown of infrastructure tied to four large botnets - Aisuru, KimWolf, JackSkid and Mossad - which had infected more than 3 million devices worldwide, including hundreds of thousands in the U.S. The botnets were used to launch hundreds of thousands of distributed denial-of-service…
Alibaba's Hong Kong-listed shares tumbled after the company reported weaker-than-expected December quarter results, with net income plunging 66.3% and revenue missing forecasts. Strong cloud revenue growth and continued investment in AI were overshadowed by elevated spending on e-commerce promotions and AI initiatives, prompting the company to reor…
Tesla is preparing to acquire roughly $2.9 billion in solar manufacturing equipment from Chinese firms including Suzhou Maxwell Technologies, Shenzhen SC New Energy Technology, and Laplace Renewable Energy to support a stated objective of establishing 100 gigawatts of U.S. solar manufacturing capacity by 2028. Some machinery will need export cleara…
Asian equity markets traded unevenly on Friday as wild swings in oil prices tied to Middle East tensions unsettled investors and China left its benchmark loan prime rates unchanged for a tenth consecutive month. Risk appetite was muted after Wall Street closed lower on renewed inflation worries linked to energy costs, though some futures nudged hig…
Brazil's Finance Minister Fernando Haddad confirmed he will run for governor of Sao Paulo, announcing his candidacy with President Luiz Inacio Lula da Silva at a Workers Party rally in a working-class suburb. Haddad stepped down from the finance ministry earlier the same day, with deputy minister Dario Durigan named as his successor. The move posit…
