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.
14,471 total articles
Kering chief executive Luca de Meo told investors in Florence he intends to more than double the luxury group’s operating profit margin, overhaul Gucci’s product direction and reshape the company’s retail footprint. The plan includes a 1 billion euro inventory reduction within a year, a larger share of high-margin leather goods and growth in jewell…
Robust revenue guidance from ASML and TSMC this week signals that demand for advanced AI chips remains high. The outlook supports continued spending by major cloud providers and suggests sustained strength for chip designers that rely on TSMC. At the same time, suppliers warn that manufacturing capacity is constrained, prompting multiyear commitmen…
BNY Mellon reported a rise in first-quarter profit driven by stronger fee revenue, gains in the value of client assets and higher net interest income from reinvested maturities. Assets under custody and administration and assets under management increased year-on-year, while management continues to focus on operational efficiency and technology inv…
ASML Holding NV's premium to U.S. chip-equipment makers has compressed to the smallest margin in a decade, with the Dutch company trading at about 37 times next-12-month earnings. That premium is roughly 17% above Applied Materials but represents ASML's narrowest lead over the U.S. peer group since 2014. ASML now trades at a roughly 5% discount to …
Indian equities closed modestly lower on Thursday, with Nifty 50 down 0.14% and the BSE Sensex 30 off 0.16%. Weakness in Fast Moving Consumer Goods, Healthcare and Banking stocks offset gains in select industrial and mining names. Market breadth favored advances on both primary exchanges, while volatility eased to a one-month low and key commoditie…
UBS downgraded Bytes Technology Group PLC from "buy" to "neutral" and reduced its price target to 305p from 415p. The broker pointed to higher-than-expected costs, potential reductions in Microsoft incentives, and a reallocation of IT budgets toward AI as key reasons for the change. UBS also lowered near-term EBIT forecasts and flagged margin compr…
Samsung Electronics has filed for a court order aimed at preventing unlawful activities by its labour unions during a potential strike, the company said on April 16. Union leaders, who authorised strike plans last month, have threatened an 18-day walkout from May 21 if wage talks do not reach agreement and intend to hold a major rally on April 23. …
The European Commission published preliminary findings proposing that Google provide third-party online search engines access to its search datasets, including outputs and data from AI-powered chat features with search capability. Stakeholders may submit comments by May 1; a binding decision is scheduled for July 27. Google was charged in March 202…
Peruvian financial markets declined after left-wing congressman Roberto Sanchez made gains in the ongoing presidential vote tally. The sol and the national stock index fell as Sanchez's position in a close race improved, boosting the probability of a June runoff. Sanchez's proposals for a new constitution and increased state control over resources …
Global equities pushed higher this week, with the S&P 500 setting a fresh record close. UBS strategists see scope for continued gains through the year, citing robust corporate profit trends, demand for AI-related semiconductors and a resilient U.S. economy, while flagging persistent uncertainty from Strait of Hormuz disruptions and oil price pressu…
Shareholder proposals centered on environmental, social and governance issues have fallen to 184 filings so far this proxy season, roughly half the number recorded at the same point last year. Analysts who compiled the report point to an increase in private negotiations between executives and investors and to new Washington rules that make activist…
PepsiCo reported first-quarter revenue above analyst expectations, driven by U.S. volume gains in its North America foods arm following recent price reductions and continued momentum in energy drinks and prebiotic sodas. The company maintained its annual guidance and announced product and supply-chain changes, including a relaunch of Gatorade formu…
David Neeleman, the founder of JetBlue Airways and current head of Breeze Airways, told Breeze pilots that he believes JetBlue may be headed for bankruptcy. Neeleman cited analyst Jamie Baker's JP Morgan estimates based on $4.50 fuel, which show JetBlue could lose $1.3 billion this year and see debt swell to about $9 billion, with annual interest c…
The Securities and Exchange Commission approved changes to the pattern day trader rule that remove the $25,000 minimum equity threshold and replace it with margin-based requirements, enabling smaller retail accounts to execute more intraday trades. Brokerages and retail traders welcomed the move for increasing market access, while analysts and inve…
Boeing is recruiting roughly 100 to 140 factory workers each week, the fastest pace since 2024, as it seeks to staff a fourth Seattle-area 737 MAX production line, support 777X output that remains uncertified, and replace retiring employees. Union leaders and company spokespeople describe expanding apprenticeship efforts and broader demand across p…
Goldman Sachs reports that hedge funds are positioned to record their best monthly returns since it began tracking data in early 2016, led by long-short equity strategies and Asia- and China-focused managers. The sector recovered from a March downturn linked to the Iran war and posted positive average returns for the quarter, with notable dispersio…
Ryanair shares fell 4.7% on Thursday after rival Easyjet released a trading update that signalled rising costs, a weaker booking backdrop and an expected headline loss before tax for the first half of fiscal 2026. Easyjet cited additional fuel costs, legal provisions and higher unit costs excluding fuel, while booking progress into peak summer rema…
Shares of companies linked to nuclear power and uranium rose in early trading after the White House released a detailed policy memorandum establishing the National Initiative for American Space Nuclear Power. The directive assigns roles to NASA, the Department of Defense and the Department of Energy, and sets delivery targets for reactors in orbit …
Online marketplace data indicates a notable rise in German consumer interest for Chinese electric vehicle brands in the first quarter, with BYD queries climbing 135% and overall battery-electric vehicle queries up about 184% compared with the prior quarter. Demand centered on BYD SUVs and the lower-cost Dolphin hatchback, while Chinese-owned MG als…
Fuchs SE announced a long-term strategic plan called FUCHS100 that targets up to €4.5 billion in annual sales by 2031 and an EBIT band of €550 million to €600 million. The share price rose on the announcement, but analysts described the new financial targets as broadly in line with existing expectations and conservative compared with past medium-te…
U.S. futures rose modestly as growing confidence that the worst of the Middle East conflict may be behind markets combined with an encouraging slate of corporate results. Record closes for the S&P 500 and Nasdaq the prior session signaled renewed risk appetite, while upcoming earnings from major consumer and financial names provided fresh catalysts…
Kepler Cheuvreux downgraded Stellantis from Buy to Hold after reducing its 2026-2027 earnings forecasts. The broker lowered global light vehicle demand and production assumptions to reflect expected fallout from the Iran war, flagged margin pressure from rising input and oil costs, and trimmed its price target to 7.50. Kepler still expects a strat…
Shareholders at Banca Monte dei Paschi di Siena voted to restore Luigi Lovaglio to the chief executive role at the bank's annual general meeting, resolving weeks of leadership turmoil. The slate supporting Lovaglio, put forward by minority shareholder PLT Holding, secured just under half of the votes, while a rival list supported by the outgoing bo…
UBS has upgraded BP Plc to a "buy" rating from "neutral" and raised its 12-month price objective to 700p from 650p, citing the arrival of a new chief executive, scope for substantial operating-cost reductions and the prospect of accelerated deleveraging. The bank sets an upside scenario at 900p and a downside scenario at 430p, while outlining finan…
Barclays updated its projections for Mexican stocks under coverage following a strong year-to-date performance by the Mexbol IPC index in U.S. dollar terms. The bank published aggregate expectations for first-quarter 2026 top-line, EBITDA and earnings per share growth, valuation measures, and estimated upside for its covered names, while noting pol…
