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.
30,184 total articles
South Korea's benchmark KOSPI plunged 8.1% in morning trade, prompting a roughly 20-minute suspension of trading after hitting the index's lower circuit breaker. The sell-off, driven by concerns over a recent escalation in the U.S.-Israel war with Iran and a resulting spike in oil prices, saw major technology and automotive names suffer double-digi…
KKR is exploring a possible sale of CoolIT Systems that could command more than $3 billion and deliver an estimated near-tenfold return on its recent majority stake purchase, according to people familiar with the matter. The process is early and may not culminate in a deal; Mubadala retains a minority stake.
An activist investor has built a significant position in Lamb Weston and is pressing the frozen-potato supplier to move faster on operations and expense reductions to help boost its share price. The investor has become one of the company's largest shareholders and now holds substantial influence on the board following a recent settlement. Lamb West…
Activist investor Starboard Value has accumulated a sizeable position in Lamb Weston Holdings Inc and is pressing the company for measures to shore up its stock price, including cost reductions and the divestiture of its Asia Pacific operations, according to a report citing people familiar with the matter. The exact size of Starboard's holding was …
U.S. stock index futures moved lower Sunday evening after oil climbed above $100 a barrel amid an intensifying conflict in the Middle East. The slide in futures and the prior week's declines in major averages reflect investor unease that higher energy costs could lift inflation and damp U.S. consumer spending, complicating the Federal Reserve's pol…
Preparations for a late-March summit between U.S. President Donald Trump and Chinese leader Xi Jinping suggest the meeting is set to protect the fragile stability that has returned to bilateral ties rather than to produce a substantive reset in business and investment relations. Sources involved in planning say a high-profile CEO delegation has not…
Asian equity futures tumbled after oil prices surged again on renewed Middle East hostilities and a leadership move in Iran, pressuring markets with the prospect of higher inflation and tighter financial conditions. Investors favoured dollar liquidity, while bond futures and major equity benchmarks showed early weakness as oil climbed to new highs.
On March 8, travelers at several major U.S. airports experienced security wait times as long as three hours or more as Transportation Security Administration staffing shortages grew during a partial government funding lapse and spring-break travel surged. Specific airports reported multi-hour averages, the Department of Homeland Security pointed to…
Todd Inman, a Republican member of the National Transportation Safety Board and former chief of staff to Transportation Secretary Elaine Chao, said the White House dismissed him on Friday without providing any reason. Inman had been on the NTSB since April 2024 and served as the on-scene board member at two high-fatality aviation accidents: the Jan…
X has opened an investigation into reports that xAI's chatbot Grok produced racist and offensive posts on the platform, a Sky News report said. X and xAI did not immediately respond to requests for comment. The incident comes as regulators worldwide increase scrutiny of sexually explicit and other illegal material generated by the chatbot.
A Bernstein research note identifies travel, sportswear, beverages, restaurants and entertainment operators as the sectors most likely to capture elevated consumer spending tied to the 2026 FIFA World Cup. With the tournament expanding to 48 teams and 104 matches across 16 host cities in the United States, Canada and Mexico, analysts expect higher …
Saudi Arabia's equity index rallied at the close on Sunday, driven by gains in Media & Publishing, Petrochemicals and Cement. The Tadawul All Share rose 2.14% as a wide majority of stocks advanced. Several individual names recorded double-digit percentage gains while a handful of real estate and communications-related listings finished lower. Oil b…
U.S. private equity firm KKR is reportedly engaging advisers on a possible sale of data center cooling specialist CoolIT Systems with a price tag that could top $3 billion. The process is said to be preliminary, without guarantees a transaction will occur, and several potential bidders have been flagged.
Bernstein's strategists say U.S. internet equities may be entering a trough of 'AI disruption disillusionment' as investor pessimism over heavy AI spending and existential threats has pressured valuations. Despite the negative narrative, the firm argues GAAP P/E ratios have moved back to reasonable levels and that incumbent earnings durability, tog…
Several prominent brokerages adjusted their recommendations this week across the AI hardware and software landscape. Morgan Stanley reinstated Nvidia as its top semiconductor pick, arguing that the stock’s recent lack of price movement belies steadily improving fundamentals and attractive valuation metrics. The same firm flagged Samsung Electronics…
Russian equities showed mixed outcomes at the close on Saturday. The headline MOEX Russia Index finished unchanged, registering a new three-month high, while individual listings cited in the session were reported as unchanged. Commodity and currency markets posted clear moves, with precious metals and crude oil rising and the ruble weakening versus…
Caitlin Kalinowski, who led robotics and consumer hardware at OpenAI, resigned after expressing that the company's agreement with the Department of Defense was reached without sufficient deliberation on safeguards. In posts on X she warned that issues such as domestic surveillance without judicial oversight and lethal autonomous systems without hum…
China's commerce ministry warned that a renewed confrontation between Dutch chipmaker Nexperia and its China-based subsidiary could spark another worldwide semiconductor supply chain crisis. The dispute, which previously disrupted automotive production after export controls were applied, has escalated as the Dutch headquarters and the Guangdong pac…
A divided three-judge panel of the U.S. Court of Appeals for the D.C. Circuit refused to put on hold a federal judge's February order that prevents the Department of Homeland Security from terminating Temporary Protected Status (TPS) for more than 350,000 Haitian nationals. The panel's 2-1 decision highlights concerns about violence, collapsing rul…
MSC Shipping will introduce an emergency fuel surcharge on cargo departing the Mediterranean and Black Sea to destinations in the Red Sea, East Africa and the Indian Sub-Continent. The surcharge, effective March 16 and open-ended in duration, is tiered by destination and container type, with higher fees for refrigerated units.
President Donald Trump posted on Truth Social that Iran would be 'hit very hard' and that the administration is weighing an expansion of potential military targets beyond those previously identified. He said areas and groups not formerly considered for strikes are now under 'serious consideration' for complete destruction, without providing specifi…
The U.S. government is crafting new, stricter guidelines for artificial intelligence that would obligate AI models developed under civilian federal contracts to be made available for any lawful purpose. The draft rules, which distinguish civilian procurement from military applications, are being rolled out as tensions with Anthropic surface, though…
Novo Nordisk and telehealth provider Hims & Hers Health are set to announce a partnership to jointly sell obesity drugs, according to a report that says the deal will resolve an ongoing legal dispute. The arrangement moves the companies from competing in the courts to cooperating on distribution of medications whose active ingredient, semaglutide, …
Global equity markets experienced sharp turbulence this week as the unfolding Middle East conflict weighed on investor sentiment. Memory-sector names and airline stocks posted notable declines, while select corporate events lifted individual shares - including Day One Biopharmaceuticals following an acquisition announcement, Marvell after better-th…
Airline pilots are confronting a growing set of hazards as ballistic missiles and attack drones appear above some of the world’s busiest routes and airports. The spread of warfare in the Middle East, combined with long-running conflicts elsewhere, is compressing available airspace and expanding the geographic reach of military and irregular airborn…
