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.
14,508 total articles
Lightelligence, the Shanghai-based optical computing company formerly known as Shanghai Xizhi Technology, jumped sharply in its Hong Kong market debut, rising as much as 408% to HK$930 from an offer price of HK$183.2. The listing, which raised roughly $300 million to $400 million, highlights investor appetite for AI and next-generation semiconducto…
Chery, China’s largest car exporter, is pursuing a growth strategy it calls 'double T' - marrying long-term quality with advanced technology - as it expands in Europe and other international markets. The automaker is evaluating capacity increases at a Barcelona joint venture and is actively seeking partnerships to localize manufacturing and share f…
Asian equity trading was mixed as the Bank of Japan held its short-term rate at 0.75% and signaled a gradual path of normalization. Japan's Nikkei retreated from a record while South Korea's KOSPI pushed to a fresh high. Elevated crude prices tied to tensions in the Middle East, caution around AI valuations and a focus on an upcoming U.S. Federal R…
Rescuers worked into the next day to free passengers trapped after a late-night collision between a commuter and a long-distance train in Bekasi, near Jakarta. The operator reported 14 dead and 84 injured. Officials said the commuter train first struck a taxi on the tracks before being hit by the long-distance service; evacuation and an official in…
OpenAI has recently missed internal targets for new users and revenue, prompting concerns among senior executives about sustaining heavy data-center and compute expenditures. Company leaders say they remain committed to scaling compute capacity even as user growth and subscriber retention have cooled and competition in coding and enterprise AI inte…
OpenAI failed to meet internal targets for new users and revenue, including a goal of reaching one billion weekly active ChatGPT users by the end of 2025 and several monthly revenue benchmarks earlier this year. The shortfalls have triggered concern among company leaders about the ability to fund expansive data center commitments and led executives…
Advantest Corp, a key supplier to Nvidia, reported a strong fiscal year driven by demand for AI-related semiconductor testers but issued an operating income forecast for the year ending March 2027 that fell short of Bloomberg estimates, prompting a decline in its stock price amid warnings about geopolitical and cost pressures.
The Beijing Auto Show is highlighting a striking disparity in new vehicle pricing between China and the United States. While the average new car in the U.S. carried a list price above $51,000 in March, China offers hundreds of battery-powered models, including many priced well under $25,000. Using DCar data, a compilation of five best-selling Chine…
Rescue crews working in Bekasi, just outside Jakarta, are extracting survivors from the wreckage of a collision between a commuter train and a long-distance train that occurred late Monday. Authorities say seven people have died and 81 were injured. Officials described an intricate extrication operation involving trained personnel and cutting equip…
Nissan Motor Co updated its fiscal outlook, reversing a prior forecast for an operating loss to now expect a 50 billion yen operating profit for the year ending March 2026. The company said the improvement reflects a one-off benefit from changes to U.S. emissions regulations, ongoing cost reductions and favorable foreign exchange movements. Shares …
Shares of Dynatrace rose in after-hours trading on Monday following a report that activist investor Starboard Value has taken a significant stake in the company and has been privately engaging with management. The investor cited a draft letter urging margin expansion through reduced sales and marketing spending and accelerated shareholder returns, …
U.S. equity futures inched upward after benchmark indexes ended regular trading at fresh record levels. The move came as President Donald Trump discussed a new Iranian proposal to reopen the Strait of Hormuz and defer thornier nuclear talks. Investors are also focused on a heavy week of megacap tech earnings and an upcoming Federal Reserve policy m…
Churchill Capital Corp XII priced an initial public offering of 36 million units at $10 apiece, generating $360 million in gross proceeds. The units, which include one Class A ordinary share and one-tenth of a redeemable warrant, started trading on the Nasdaq Global Market under the ticker CXIIU on April 27, 2026. The company expanded the offering …
On April 27, Taylor Swift's rights management entity filed trademark applications for two short audio clips and a single onstage image with the U.S. Patent and Trademark Office. The filings identify TAS Rights Management as the owner and are aimed at strengthening protections against AI-produced deepfakes that replicate her voice or image. Trademar…
Box plans to roll out a new service called Box Automate that uses AI agents to process large volumes of unstructured corporate data such as invoices and extract key information. CEO Aaron Levie said the product will be launched within 24 hours and that the company expects it to encourage customers to move to Box’s Enterprise Advanced plan, which en…
Irenic Acquisition Corp. completed an initial public offering of 22 million units at $10 per unit, raising $220 million. Units began trading on the Nasdaq Global Market under the ticker IACQU on April 28, 2026. The SPAC is sponsored by Irenic Capital Management LP and will target aerospace, defense and broader industrial companies, while retaining …
Mexico's S&P/BMV IPC closed down 1.79% as losses in Industrials, Consumer Goods & Services and Consumer Staples weighed on the market. Decliners outnumbered advancers by 134 to 98 with 18 stocks unchanged. Commodity and FX moves included a drop in gold futures and gains in crude oil, while the peso strengthened marginally versus the dollar.
Nucor's first-quarter results topped analyst expectations as stronger average selling prices and increased volumes in its steel mills drove revenue to $9.5 billion. Management cited record shipments at the mills, benefits from recent capital investments, and federal trade policies as contributors. The company reported earnings of $3.23 per share an…
Colombian stocks closed lower on Monday as the COLCAP index fell 1.93% to a new one-month low. Losses were driven by weakness in the Financials, Investment and Public Services sectors. Several large-cap names finished unchanged while commodity and currency markets also moved lower during the session.
Russia's equity benchmark finished slightly higher on Monday with gains concentrated in Oil & Gas, Manufacturing and Telecoms. Market breadth favored decliners, while select energy names outperformed and several large-cap stocks hit multi-year lows. Commodities showed mixed direction and implied volatility ticked up.
Match Group has committed $100 million to Sniffies, a dating platform focused on non-heterosexual men, in a deal that grants Match a sizeable minority holding plus an option to acquire the remainder of the company later. The investment comes as Match retools product features to curb negative user experiences and bolster user experience amid tougher…
Rogers Communications has made approximately 10,000 employees eligible to apply for voluntary buyouts as part of a cost-cutting initiative. That figure equals about half of the company’s 20,000-person workforce, excluding staff of the Toronto Blue Jays and the 75% owned Maple Leaf Sports and Entertainment unit, which are not included in the program…
Cadence Design Systems raised its fiscal 2026 revenue guidance on April 27, citing continued heavy investment in specialized AI processors that is fueling demand for its electronic design automation software and hardware. The company reported a first-quarter revenue beat and a quarterly adjusted EPS above estimates, and said it is partnering with N…
The U.S. Department of the Interior reached an agreement to terminate two offshore wind leases managed by Ocean Winds in exchange for $885 million in pledged investments in domestic fossil fuel projects. The move affects Bluepoint Wind off New York and New Jersey and Golden State Wind off California, and follows a similar $1 billion redirect deal w…
A cluster of corporate earnings reports released after the market close produced pronounced moves in several stocks. Sanmina, Bed Bath & Beyond, LendingClub, Nucor and Solaris Energy Infrastructure all rose after beating estimates or showing stronger performance, while Rambus declined following an earnings and revenue shortfall.
