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.
14,555 total articles
Sun Pharmaceutical Industries has agreed to purchase U.S. drugmaker Organon & Co in an all-cash transaction valued at about $11.75 billion including debt. The acquisition, financed with cash and committed bank loans, is aimed at boosting Sun's footprint in specialty medicines and women's health while providing global scale and a cash-generating bus…
Eutelsat's CEO says demand from U.S. businesses and the Department of Defense remains robust despite SpaceX urging U.S. regulators to limit market access for some European satellite operators. The company, backed by French and British governments and positioned as Starlink's primary European competitor, continues to pursue U.S. opportunities and di…
Chinese artificial intelligence startup DeepSeek has greatly reduced the cost of input cache hits across its API suite to one-tenth of previous levels, effective immediately, and extended a 75% discount on its V4-Pro model through May 5. The moves aim to boost developer adoption and lower compute costs, and are likely to put additional pricing pres…
The conflict in the Middle East has constrained supplies of key raw inputs used to manufacture printed circuit boards (PCBs), sending board prices sharply higher and adding pressure to electronics companies already facing elevated memory chip costs. An attack on Saudi Arabia’s Jubail petrochemical complex halted production of high-purity polyphenyl…
Toyota Motor reported a 7.3% year-on-year fall in global vehicle sales for March, its second consecutive monthly decline. Overseas volumes fell 7.2%, sales in Japan declined 7.8%, and regionally the Middle East saw nearly a one-third drop. Toyota said steady underlying demand was disrupted by a production shift from the outgoing RAV4 to a new RAV4 …
Chinese semiconductor equities extended a broad-based rally, driven by optimism around domestic AI development and follow-through from recent AI model previews. Semiconductor Manufacturing International Corp outperformed peers with a near 9% rise, while other foundry, packaging and equipment-related names also posted notable gains as market partici…
The top U.S. diplomat in Taiwan has called on the island's opposition-led parliament to approve a comprehensive supplemental defence budget proposed by President Lai Ching-te. The package, which includes purchases of U.S. systems and domestically produced weapons such as drones, aims to strengthen Taiwan's deterrence against China. Lawmakers have d…
Most Asian equity markets climbed on Monday, led by record-setting rallies in Japan and South Korea. Gains were undercut by a sharp rise in crude oil and stalled U.S.-Iran negotiations. Support came from U.S. markets, where the Nasdaq and S&P 500 closed at fresh highs, boosting sentiment for semiconductor and AI-linked names across the region.
Kia has trimmed the price gap with Chinese electric vehicle makers in European markets, CEO Song Ho-sung said, signaling intensified price competition as Chinese automakers expand overseas amid weak domestic demand. The move supported revenue growth but contributed to a quarterly profit decline as Kia increased sales incentives in Europe to protect…
A renewed push to make quarterly earnings reports optional and allow semiannual reporting is gaining traction at the U.S. Securities and Exchange Commission, but major investors and many corporations say they expect most public companies to keep reporting every quarter. Concerns center on valuation risk, potential portfolio exclusions and the role …
Regulatory changes enacted after the liquidation of Banco Master have sharply constrained the investment options of Brazil's public pension funds, channeling the vast majority into federal government bonds unless funds meet strict governance criteria. The move follows heavy exposures to Master-issued securities by several state and municipal plans …
Hyundai Motor announced a campaign to introduce 20 new models in China over the next five years through its joint venture with Beijing Automotive Group, rolling out a China-specific electric model and expanding cooperation with local technology and battery partners. The company set an annual China sales target of 500,000 vehicles by 2030, including…
Nomura Holdings reported a record annual profit for the second straight year and said the recent U.S.-Israeli conflict with Iran has not upended the structural growth drivers for Japanese corporates. The firm emphasized its multi-year pivot toward recurring fee revenue through wealth and investment management, while its wholesale division delivered…
Fortescue said it will invest $680 million to expand green energy infrastructure in the Pilbara as part of efforts to reduce reliance on fossil fuels and shield operations from oil market swings. The company left its full-year shipments forecast unchanged at 195 million to 205 million tonnes for fiscal 2026, while reporting quarterly shipments of 4…
South Korea’s national security adviser said the alliance with the United States is not in crisis despite recent tensions tied to a dispute over U.S.-listed e-commerce firm Coupang. Wi Sung-lac acknowledged that security consultations have been affected but urged that legal matters be handled independently from alliance-level talks and that consult…
Nomura Holdings reported fiscal fourth-quarter net income of 73.9 billion yen for the three months to March 31, a 2.7% year-on-year increase but well below Bloomberg consensus. Shares slid sharply as asset writedowns and a European loss weighed on the headline profit despite record revenue across its core businesses.
A jump in fossil fuel prices since the Iran conflict has driven up the cost of polyester feedstocks such as PTA and MEG, disrupting supply and production across India and Bangladesh. Manufacturers and textile processors report sharply higher input costs, reduced loom activity, workforce shortages and potential downstream price pressure for global f…
SpaceX's S-1 registration statement warns that ongoing investigations into xAI-generated sexually abusive imagery could lead to lawsuits, government action and loss of access to certain markets. The disclosure, which highlights probes in multiple jurisdictions and public alarm over images produced by xAI's Grok chatbot, arrives as SpaceX prepares f…
U.S. semiconductor shares climbed to record levels after Intel issued a stronger-than-expected revenue forecast that reinforced confidence in sustained AI-driven demand. The Philadelphia SE Semiconductor Index hit an all-time high and continued a long streak of single-day gains as major chipmakers posted notable moves. Market participants cited the…
Intel reported unexpectedly strong demand for its Xeon server processors from companies providing AI services, prompting the company to tap inventory it had previously written off. The development sent Intel shares sharply higher, lifted peers, and led analysts to raise price targets amid concern that supplies were tight in the quarter.
Shares of SMC Corp leapt after a report that activist investor Palliser Capital has taken a significant stake and urged the company to return capital via a ¥600 billion buyback over two years and a minimum 40% dividend payout ratio. The fund said SMC is undervalued despite its positioning in the semiconductor supply chain and urged a shift toward u…
A coalition of U.S. budget airlines led by Frontier and Avelo is proposing a $2.5 billion U.S. government assistance package in return for warrants that could convert into equity. Airline chiefs met with senior transportation and aviation officials in Washington to discuss the request, which is designed to cover higher-than-expected jet fuel costs …
Caocao Inc, the ride-hailing unit of Geely Holding Group, intends to begin deploying thousands of its purpose-built robotaxis, the Eva Cab, across multiple global and Chinese cities in 2027. Company leadership says large-scale deliveries will accelerate in 2028, with a target fleet of 100,000 vehicles by 2030. The firm highlights interior design an…
The U.S. State Department issued a diplomatic cable instructing posts worldwide to warn foreign counterparts about alleged campaigns by Chinese companies to extract and distill U.S. proprietary AI models. The directive singles out firms such as DeepSeek and notes potential security and performance shortcomings in models produced through unauthorize…
A coalition of U.S. ultra-low-cost carriers, including Frontier and Avelo, has proposed a $2.5 billion government assistance package in return for warrants that could convert into equity stakes. The figure is based on revised jet fuel cost expectations and assumes average prices above $4 per gallon for the rest of the year. Discussions with officia…
