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.
7,939 total articles
Howden Joinery reported fiscal 2025 pre-tax profit of £344.9m and EBIT of £355.3m, beating consensus by about 4%. The company attributed outperformance to internal factors, delivered roughly 4% sales growth against an underlying market decline, and announced a £100m share buyback to be carried out through fiscal 2026. Management pencilled in roughl…
Befesa SA reported a 10% year-over-year revenue decline to €291 million in the fourth quarter, weighed down by largely unchanged electric arc furnace volumes and foreign-exchange pressure on London Metal Exchange-linked pricing. Adjusted EBITDA rose 12% to €69 million, lifting the margin to 23.7% as U.S. operations in Palmerton increased utilizatio…
Redeia reported FY25 EBITDA of €1.3 billion, matching analyst expectations and rising 4% from the prior year. Net income reached €506 million, in line with consensus and unchanged year-on-year. Capital spending jumped 40% to €1.5 billion and is expected to remain near that level in coming years. Net debt declined to €5.5 billion - 2% below analyst …
Professionals Australia has called for an urgent meeting with WiseTech Global after the software company said it will eliminate about 2,000 roles as part of a two-year restructuring tied to artificial intelligence. The union says the employer must consult employees and provide written details on how AI will be used, its effect on jobs, and steps to…
Schneider Electric reported stronger-than-expected adjusted earnings and organic revenue growth, led by rapid expansion in its pure data center business. The company reiterated its medium-term targets while warning of a significant foreign exchange drag on 2026 revenues and an elevated tariff impact. CFO Hilary Maxson will depart in April, succeede…
Binance has applied to operate in the EU from Greece under the Markets in Crypto-Assets Regulation (MiCA), with co-CEO Richard Teng saying the country’s labour pool and security environment gave it an edge over larger financial centres. The move is part of Binance’s broader push to become highly regulated globally as it awaits MiCA licensing decisi…
Arkema reported adjusted EBITDA of €248 million for Q4 2025, slightly below analyst and consensus expectations, with group sales of €2.105 billion affected by price, volume and currency headwinds. Performance varied across divisions, with Intermediates beating forecasts while Advanced Materials, Adhesive Solutions and Coating Solutions fell short. …
Stellantis reported a 20.1 billion euro net loss for the second half of 2025 after previously warning of substantial charges tied to its scaled-back electric-vehicle plans. Adjusted operating income was negative 1.38 billion euros for the period. The company took 25.4 billion euros in writedowns across 2025, which included cash payments of about 6.…
Trip.com reported substantial year-on-year gains in net profit and revenue for the December quarter, but a pronounced deterioration in adjusted EBITDA margin weighed on investor sentiment. Shares fell in Hong Kong trading amid concerns over margin pressure tied to international and domestic expansion, while the company also disclosed an ongoing ant…
Morgan Stanley has singled out a set of Australian materials companies it considers well placed to benefit from production expansion, supply chain shifts and supportive commodity dynamics. The bank’s selection emphasizes firms with strong cash flow potential, projects that can increase output, and exposure to key commodities such as base metals, ra…
Japan's equity market finished higher on Thursday, with the Nikkei 225 up 0.41% at the close. Strength in Real Estate, Banking and Textile sectors supported the advance. NEC Corp., Recruit Holdings and M3 led gains, while Taiyo Yuden, Sumitomo Electric and Takashimaya were the session's largest decliners. Market breadth favored rising issues and im…
Rakuten Bank shares dropped sharply to a near one-month low after Rakuten Inc said it would resume internal talks to combine its fintech businesses. The proposed merger would fold Rakuten Bank, Rakuten Card and Rakuten Securities into a single group. The move has reignited concerns about conflicts between the parent company and minority shareholder…
BlueScope Steel rejected a revised takeover proposal from U.S. steelmaker Steel Dynamics and Australian conglomerate SGH, saying the improved offer does not meet the board's threshold for a recommendation to shareholders. The bidders had recently increased their bid to value BlueScope's equity at about $11 billion and stated they would not raise th…
The Taiwan stock market ended Thursday with the Taiwan Weighted index up 2.75%, reaching a fresh all-time high. Gains were concentrated in Glass, Plastic and Electronic Parts/Components stocks, with several individual issues posting double-digit percentage moves. Commodity and currency markets showed modest shifts alongside the equity advance.
ENGIE has agreed to acquire 100% of UK Power Networks for an equity consideration of £10.5 billion, valuing the business at an enterprise level of £15.8 billion. The deal - which ENGIE says will be accretive from the first full year after completion - is conditioned on regulatory clearances and shareholder approvals and is expected to close in mid-…
Australian shares finished higher on Thursday, with the S&P/ASX 200 advancing 0.51% to reach a fresh all-time high. Information technology, consumer staples and telecoms services led the market, while individual large-cap stocks saw pronounced moves in both directions. Trading breadth was modestly positive, and volatility and commodity benchmarks s…
Asian equity markets diverged on Thursday as Japan and South Korea posted record highs while other regional bourses paused or retreated. Japanese indexes rose after doubts mounted about further Bank of Japan rate hikes, and South Korea's KOSPI rallied over 2% to a record, propelled by Nvidia-related enthusiasm for local chip suppliers. Broader Asia…
Toyota Motor Corp is preparing to enable a large-scale divestment of cross-held shares by banks and insurance companies that could total roughly 3 trillion yen ($19 billion). The process may start as soon as this year, though the exact timing and amount remain subject to investor demand and internal review. Toyota is considering options that includ…
The University of California sold approximately $2 billion in general revenue municipal bonds as the institution faces legal action from the U.S. administration alleging discrimination at UCLA and broader federal efforts to limit funding over campus protests and policies. University officials characterized the offering as part of routine financing …
OpenAI has added Ruomin Pang to its team, a researcher who most recently worked at Meta Platforms (META) and previously led Apple's AI models group. Pang joined Meta roughly seven months ago after spending at least four years at Apple on the Foundation Model effort. The reported hiring could not be immediately verified. The move comes amid aggressi…
Amazon is negotiating a funding package that could total up to $50 billion for OpenAI, with an immediate commitment of $15 billion and a further $35 billion dependent on OpenAI either pursuing a public offering or achieving an artificial general intelligence milestone. The potential investment is part of a broader capital-raising effort by OpenAI t…
Shares of Samsung Electronics and SK Hynix climbed to record levels following Nvidia's stronger-than-expected quarterly results and guidance, which signaled sustained AI-driven demand for advanced chips. The gains helped push South Korea's KOSPI to a record high, while corporate moves by both suppliers reinforced investor optimism.
OpenAI has added Ruoming Pang, a senior AI researcher who briefly moved to Meta from Apple, to its ranks. Pang, who led AI infrastructure for Meta's Superintelligence Labs, left Meta last week after months of recruitment by OpenAI. Reports indicate his compensation at Meta when he joined was valued at more than $200 million over several years.
Toyota is planning a significant reduction of strategic cross-shareholdings that would involve banks and insurance firms selling about 3 trillion yen of Toyota shares, roughly $19 billion. The company is considering buybacks and possibly a secondary sale to outside investors. Timing and scale remain contingent on shareholder willingness and could c…
Japan’s Nikkei 225 reached an all-time high on Thursday, crossing the 59,000 mark as investors pared back expectations for additional Bank of Japan rate increases. Gains were supported by strength in the technology sector after robust results from Nvidia, although some Japanese chipmakers underperformed.
