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.
13,982 total articles
Prosus NV has sold a 5% stake in Delivery Hero to Aspex Management for 22 euros per share, a transaction that will yield roughly 335 million euros and forms part of Prosus’s commitments to the European Commission to reduce its stake in Delivery Hero. The deal lifts Aspex’s holding to about 14% and lowers Prosus’s stake to roughly 17%, leaving Prosu…
Japan's equity market closed lower on Monday, with the Nikkei 225 down 0.49% as declines in the Paper & Pulp, Transport and Communication sectors outpaced gains in select consumer and entertainment names. Market breadth was positive overall, while volatility and commodity prices shifted during the session.
GEA Group AG reported first-quarter 2026 results showing order intake and underlying operating profit above analyst consensus, while earnings per share missed estimates and free cash flow deteriorated sharply. The company confirmed its full-year 2026 guidance for organic sales growth, EBITDA margin and return on capital employed.
China's passenger car market contracted in April, with domestic sales down 21.6% year-on-year to 1.4 million units while exports rose sharply. Electric vehicles and plug-in hybrids accounted for 60.6% of domestic sales but declined 6.8% from a year earlier; exports of electrified models jumped 111.8%.
Australian equities finished the session lower, with the S&P/ASX 200 retreating 0.49% as losses in the Healthcare, Gold and Financials sectors outpaced gains. A handful of miners and industrial names delivered outsized gains, while CSL Ltd plunged to a five-year low. Volatility and commodity markets showed notable movement alongside currency shifts…
Volkswagen’s U.S.-focused Scout brand was intentionally created as a stand-alone business with the flexibility to pursue a public market listing or accept outside strategic investors, CEO Scott Keogh said in an interview with Handelsblatt. Keogh signalled the company is evaluating external funding sources and highlighted strong early demand for tru…
Taiwan's stock market ended lower on Monday, with the Taiwan Weighted index falling 0.79% as declines in an unspecified sector along with Electronic Parts/Components and Electricity stocks pressured the market. Several companies recorded double-digit percentage moves, including all-time highs for Holy Stone Enterprise and Qualipoly Chemical, while …
The Reserve Bank of India is reported to have intervened in the foreign exchange market to arrest further depreciation of the rupee as surging crude prices and related supply worries weighed on the currency. The rupee moved toward recent record lows, prompting central bank activity that follows earlier short-term measures taken in April. Domestic a…
As President Trump prepares to meet with Chinese President Xi Jinping, a broad coalition of U.S. auto companies, parts suppliers, steelmakers, unions and lawmakers is pressing the administration to avoid any agreement that would allow Chinese-brand vehicles to sell in U.S. showrooms. Industry and congressional leaders warn that state-supported Chin…
Indian benchmark indices fell sharply on Monday as Prime Minister Narendra Modi urged citizens to cut fuel and edible oil consumption and curb discretionary spending, comments that coincided with renewed Middle East tensions and rising crude prices. The Nifty 50 and BSE Sensex recorded early declines, while analysts and data point to capital outflo…
British pop artist Dua Lipa has filed a federal lawsuit in California accusing Samsung Electronics of using a copyrighted image of her on the front of television boxes without permission. The suit seeks at least $15 million in damages and alleges copyright and trademark infringement as well as breach of publicity rights, while attaching social medi…
Chinese semiconductor stocks advanced on Monday, with largest domestic manufacturers and equipment suppliers posting notable gains. The move followed a strong finish for U.S. chip names and comes amid renewed investor optimism about AI-related demand and a large funding effort by a Chinese AI startup.
Most Asian equity markets advanced on Monday, led by semiconductor stocks and optimism around a scheduled summit between President Xi Jinping and U.S. President Donald Trump. Gains occurred even as renewed military activity in the Strait of Hormuz pushed oil prices higher and geopolitical tensions persisted following the rejection of Iran's respons…
SK Hynix shares reached a fresh record high Monday, extending a rally powered by strong artificial intelligence demand and constricting global memory-chip availability. Seoul-listed stock jumped as much as 13% to 19,00,000 won by 03:28 GMT, while a competitor also saw sizable gains as investors priced in a prolonged memory upcycle.
Reliance Industries has converted the planned initial public offering of Jio Platforms from an offer-for-sale into a fresh issuance, following extended discussions with investors over price and structure. The change routes proceeds directly to Jio, could be used partly for debt reduction and expansion, and may lower previously reported valuation es…
Vedanta Ltd reported a record full-year profit of $2.8 billion for the year ended March 31, driven by stronger commodity prices, robust aluminium and zinc results, and improved operating efficiencies. Fourth-quarter profit nearly doubled to $1 billion. The company said its long-planned demerger has entered the implementation phase and became effect…
A group of Tianjin beef importers has pledged to buy 50,000 metric tons of Brazilian beef certified as deforestation-free by year-end, a move that could reshape a slice of Brazil-China trade. The commitment, representing about 4.5% of expected Brazilian beef exports to China this year, reflects shifting consumer and buyer preferences in China towar…
Nintendo shares dropped 8% in Tokyo after the company announced price increases for its Switch 2 and issued guidance that left investors unconvinced about near-term blockbuster game releases. The company reported strong hardware sales for the fiscal year ended March, but its outlook and game shipment guidance were viewed as underwhelming. Analysts …
Nintendo shares tumbled after the company reported annual results that fell short of expectations and issued a conservative fiscal outlook. Management flagged higher component costs, especially memory, that will push up Switch 2 retail prices and are expected to curb console volumes and margins in the year ahead.
CSL shares plunged after the company trimmed its fiscal 2026 profit outlook and disclosed roughly $5 billion of non-cash impairments across fiscal 2026 and 2027, including a significant writedown in its Vifor kidney treatment unit. The downgrade, attributed to tougher market conditions and potential disruptions linked to the Middle East conflict, c…
U.S. equity futures edged lower Sunday evening after President Donald Trump criticized Iran's reply to a U.S. 14-point proposal aimed at ending the war and reopening the Strait of Hormuz. The decline in futures was contained, however, as major U.S. indexes sit near record levels, supported by a rally in chipmaking stocks and stronger-than-expected …
Share futures in Asia eased and the dollar strengthened as indications that U.S.-Iran negotiations have stalled left the Strait of Hormuz effectively shut, sending crude prices higher. Risk-sensitive assets softened after President Donald Trump rejected Iran's response to a U.S. peace-talk proposal, while markets weighed upcoming corporate results …
Cerebras Systems is preparing to raise both the price range and the number of shares in its planned initial public offering, with a new target range of $150-$160 per share and 30 million shares on offer. The move reflects strong investor appetite for the AI chipmaker amid broader surge in demand for high-performance chips, and would boost the poten…
Russian equities finished the Sunday session with the MOEX Russia Index unchanged at a new three-month low. Major constituents including AFK Sistema, Aeroflot and Rosseti were unchanged at their respective closing prices. Commodity prices and ruble exchange rates moved modestly, while the Russian Volatility Index held steady.
Speaking at Carnegie Mellon University, NVIDIA chief executive Jensen Huang argued that artificial intelligence will democratize intelligence, making computing power accessible to people who previously lacked it. He described the AI expansion as a reindustrialization that requires a broad workforce, defended AI as augmenting rather than replacing h…
