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.
14,520 total articles
Polymarket is negotiating a $400 million primary raise that would peg the prediction market platform at a $15 billion valuation including the new capital, while seeking additional strategic backers and potentially expanding the round to $1 billion. The effort follows a recent $600 million investment from Intercontinental Exchange and comes as predi…
Berenberg cut Arkema SA (EPA: AKE) to a 'hold' rating from 'buy' and set a price target of €62 after the stock climbed 19% year-to-date to €62.30. The bank attributes much of the recent share strength to a short-term surge in acrylics margins linked to the Iran conflict, and its ChemCast nowcasting model sees limited upside to 2026 consensus earnin…
Australian equities finished marginally higher on Monday, with the S&P/ASX 200 up 0.07% at the close in Sydney. Consumer Discretionary, Consumer Staples and Gold sectors provided upward momentum while several energy and materials-related names weighed on the market. Market breadth was nearly balanced and volatility measures ticked higher.
Indonesia and Toyota Motor Asia are in discussions over a potential joint investment to build a bioethanol facility in Lampung province, southern Sumatra. Officials say the project would process sorghum from a newly planned 6,000-hectare plantation, target an annual output of 60,000 kilolitres, and carry an estimated price tag of $200 million to $3…
J.P. Morgan lowered its rating on Essity AB from Neutral to Underweight and cut its December 2027 price target to Skr215 from Skr245, pointing to accelerating pulp and energy cost inflation that it expects will weigh on the company's earnings through the year. The bank reduced its adjusted EPS forecasts for 2026 and 2027, revised margin expectation…
The Taiwan Weighted closed lower by 0.88% on Monday as losses in an unspecified sector, together with the Plastic and Optoelectronic sectors, pushed the benchmark into negative territory. A handful of stocks climbed to new highs while others hit sharp declines and all-time lows. Commodity markets saw notable moves, with crude and Brent oil rising a…
Nidec Corp. shares climbed after the company published a final third-party report into improper accounting practices. The report quantified a net profit impact of 160.7 billion yen from accounting revisions covering fiscal 2020 through early-2025, and reiterated a 250 billion yen effect on goodwill and other asset impairments. The company said it w…
RBC Capital Markets identified four U.S. exploration and production companies it favors for near-term upside, citing drilled-but-uncompleted (DUC) inventory, commodity-driven activity increases, operational outperformance, and balance-sheet improvements as primary drivers across the selection. The firm emphasized production optionality, efficiency,…
European defence shares have pulled back sharply after a prolonged rally, as investors trim crowded positions, reassess stretched valuations and weigh the implications of the Iran conflict for future defence procurement. While the sector remains supported by government spending commitments and continued ETF inflows, doubts over the speed of order i…
Manycore Tech shares continued to climb on Monday following a dramatic debut in Hong Kong. After more than doubling on their first trading day, the stock rose further to trade as high as HK$29.8 by early Monday trading, reinforcing strong investor demand for AI-related listings. The company raised roughly HK$1.2 billion ($160 million) in the IPO an…
Vietnamese lender SHB and China’s Huawei Technologies Group have signed a strategic cooperation agreement that will see Huawei assist the bank with technology architecture, data platforms and operational stability and security. The deal is part of Huawei’s broader expansion in Vietnam, where it has existing relationships with other financial instit…
Shares of Japan Petroleum Exploration Co fell after the company warned that rising tensions in the Middle East have forced it to buy replacement LNG cargoes on the spot market and suspended output at an Iraqi oil field, moves that could raise costs and trim earnings. The firm said it has secured alternative supplies and does not expect domestic fue…
Chinese regulators have levied a combined 3.6 billion yuan in fines and confiscations against several leading food delivery platforms for violations tied to food safety and consumer protection. The probe, which found unverified vendors and transfers of orders between sellers without customer knowledge, weighed on shares of some platforms while othe…
The United Arab Emirates has opened preliminary conversations with U.S. authorities about establishing a financial backstop should the regional conflict involving Iran deepen. Emirati and U.S. officials discussed a possible currency-swap facility to provide the UAE central bank with dollar liquidity, while Emirati representatives have signaled the …
Humanoid robots from smartphone-maker Honor posted notable results in a half-marathon held in Beijing over the weekend, a display that coincided with divergent trading among Chinese robotics-related stocks on Monday. Parts suppliers that contributed to the Honor robot's hardware and navigation modules advanced, while established robotics firms and …
Asian equity markets rose on Monday, led by modest advances in technology shares, while investors remained cautious amid heightened U.S.-Iran tensions. The People's Bank of China left its one-year and five-year loan prime rates unchanged for an 11th consecutive month. Higher oil prices, driven by renewed regional tensions and the Strait of Hormuz c…
The European Union plans to issue non-binding guidance urging member states to diversify jet fuel sources away from the Middle East, consider greater imports from the United States, and accelerate use of Sustainable Aviation Fuel (SAF) and synthetic fuels. The measures, expected next week, respond to supply disruptions tied to the Iran war and aim …
Companies across Australia and New Zealand are reporting financial strain linked to the U.S.-Israeli war on Iran. Rising jet fuel and freight costs, disrupted shipping routes and elevated energy-market volatility have prompted profit warnings, suspended guidance, cost pass-throughs and increased credit provisioning among major airlines, banks, logi…
NEXTDC Ltd (ASX:NXT) announced plans on Monday to raise approximately A$2.2 billion through a combination of a fully underwritten A$1.5 billion accelerated entitlement offer and an expanded A$1.7 billion hybrid securities issuance. The fundraising follows a sharp jump in contracted utilisation and a sizable increase in the company's forward order b…
SK Hynix has begun large-scale manufacturing of a 192GB SOCAMM2 memory module built for Nvidia's upcoming Vera Rubin AI processor. The company says the module targets AI server workloads while reducing power consumption, and claims it will address memory bottlenecks encountered in large language model training and inference. The announcement coinci…
Shares of Viva Energy plunged after a fire at its Geelong refinery in Corio, Victoria interrupted processing at the gasoline complex. The blaze was contained and extinguished, but the site will operate at reduced output in the near term while a review of damage, repairs, and financial effects is carried out.
Eli Lilly is in advanced discussions to acquire private biotech Kelonia Therapeutics for more than $2 billion, according to people familiar with the talks. The deal - which could be announced as soon as Monday if negotiations hold - would bolster Lilly's oncology pipeline by adding a next-generation CAR-T candidate aimed at multiple myeloma. The tr…
U.S. stock index futures turned lower Sunday evening following a week of all-time highs on Wall Street, as a spike in U.S.-Iran tensions and reports of U.S. military action against an Iranian-flagged cargo vessel weighed on risk sentiment and pushed oil prices higher. Traders are watching developments ahead of a temporary ceasefire expiry this week…
National Australia Bank (ASX:NAB) said it will record higher credit impairment provisions in the first half of fiscal 2026 as it builds buffers against elevated risk tied to the Middle East conflict and softer economic expectations in Australia. The bank also forecast a A$1.35 billion pre-tax amortization charge linked to reductions in the carrying…
Major Asian airlines reported sharp increases in demand on Europe-bound services in March as passengers avoided Middle Eastern hubs. Carriers including Cathay Pacific, Singapore Airlines, Korean Air and Qantas said they added capacity and reallocated flights to capture displaced traffic even as jet fuel costs doubled. Industry data show Gulf carrie…
