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.
7,699 total articles
Heineken’s successor to Dolf van den Brink, who steps down in June after a six-year tenure, inherits a plan launched in October to lift beer sales while operating with fewer resources. The Dutch brewer announced up to 6,000 job cuts over two years and pared back expected profit growth for 2026, underscoring the difficulty of reversing weak volume t…
MIPS AB reported Q4 net sales of SEK 147 million, a 2% increase year-over-year and 18% organic growth, but missed consensus by 5%. Adjusted EBIT declined to SEK 51 million, held back by SEK 7 million in legal costs and negative foreign exchange effects, reducing the adjusted EBIT margin by 8.0 percentage points to 34.9%. The company saw category-le…
Alfen reported an 11% drop in FY25 EBITDA to €25.5 million, missing consensus of €26.5 million, as revenues fell 11% to €435.6 million. The decline was led by a 21% fall in EV Charging and a 10% drop in Smart Grids, partially offset by a 2% rise in Energy Storage. The company is pursuing cost reductions and a strategic reset under new CEO Michael C…
Over the past year a broad cross-section of European companies has instituted hiring freezes or announced job cuts, citing difficult economic conditions. The reductions span automotive and parts suppliers, banks, energy firms, chipmakers, industrials, consumer brands, telecom and logistics companies, as well as large pharmaceutical and renewables g…
PZ Cussons reported robust first-half performance with like-for-like revenue up 9.5% and adjusted operating profit increasing 31.9%, driven by growth across its four lead markets and a mix of price and volume improvements. The company upgraded its full-year adjusted operating profit guidance and has strengthened its balance sheet through proceeds f…
RWS Holdings has reported a return to organic constant currency growth in the first quarter of fiscal 2026, driven by expanding adoption of its AI-related offerings. Management says revenue momentum combined with an efficiency programme begun last year supports expectations to meet existing FY26 guidance. The firm also confirmed the March 2, 2026 s…
European Union heads of government will meet at the 16th-century Alden Biesen castle to discuss how to bolster the bloc's economic competitiveness, accelerate single market reforms and respond to external pressures from the United States, China and Russia. The retreat will hear input from senior policymakers and outside experts, but observers cauti…
Heineken reported a 4.4% organic rise in operating profit before exceptional items and amortisation to 4.39 billion euros in 2025, driven by pricing and cost savings. The brewer also said it will reduce its global workforce by around 5,000 to 6,000 roles over the next two years as part of its EverGreen 2030 plan, while forecasting 2% to 6% operatin…
Dassault Systèmes SE reported fourth-quarter results that fell short of expectations on earnings and revenue, citing continued headwinds from a soft European automotive market. The company signaled mild improvement for 2026 driven by new industrial AI offerings and a shift toward a cloud-based model, while promising greater visibility via an annual…
Heineken said it will reduce its global workforce by 5,000 to 6,000 employees over the next two years as part of a productivity plan designed to fund growth, while trimming its profit growth guidance for 2026. The company reported organic operating profit growth of 4.4% in 2025, above analyst expectations of 4%, even as it flagged persistent demand…
Schindler expects 2026 revenue to increase in the low- to mid-single-digit range in local currencies, helped by a rebound in new installations in key markets that it says should counterbalance tariff effects and pressure from China. The company's fourth-quarter sales matched analyst expectations, while it flags commodity volatility, restructuring c…
TKMS said it reached a new order backlog high of $22 billion and raised its sales guidance for 2026, citing stronger demand for warships driven by current geopolitical tensions. The company now expects sales growth of 2% to 5% in 2026, up from a previous projection of a decline of 1% to growth of up to 2%. The revised outlook sits near the 2.9% ave…
Stocks on the Taiwan Stock Exchange finished higher on Wednesday, with the Taiwan Weighted index closing up 2.06% to a new all-time high. Strength in the Semiconductor, Electronic Products Distribution and Electronics sectors propelled the advance. Several individual names recorded double-digit percentage moves in both directions. Commodity and cur…
Wolfe Research identified four consumer finance companies to watch as signs of recovery in consumer credit and lending emerge. The firm endorsed Capital One and Synchrony Financial with Outperform ratings and set price targets for each, while assigning Peer Perform ratings to American Express and Bread Financial. Wolfe highlighted valuation opportu…
ByteDance is pursuing development of a proprietary artificial intelligence processor and has been in discussions with Samsung Electronics to handle manufacturing, with internal targets for sample delivery by the end of March and initial production of at least 100,000 units this year for AI inference tasks. The project, reportedly code-named SeedChi…
Australian equities advanced at Wednesday's close, with the S&P/ASX 200 rising 1.66% to reach a new three-month high. Strength in Financials, Gold and Utilities underpinned the rally. Leading gainers included AGL Energy, James Hardie and Evolution Mining, while CSL tumbled to five-year lows. Market breadth favored advancers over decliners and volat…
Swatch Group must rejuvenate product innovation, streamline its brand portfolio and refresh corporate governance to restore profitability and investor trust, analysts and investors say. The company plans to add Andreas Rickenbacher to the board, but critics call for broader change as Swatch's market value has fallen to roughly a third of its 2013 p…
ByteDance is building an artificial intelligence processor intended for inference workloads and has engaged Samsung Electronics in manufacturing discussions, according to multiple people familiar with the matter. The TikTok parent expects sample chips by the end of March, plans to produce at least 100,000 units this year with potential ramp to 350,…
Semiconductor Manufacturing International Corp saw its Hong Kong-listed shares decline after management warned of margin pressure from higher depreciation and costs amid capacity expansion, and of memory shortages driven by strong AI-related demand. These concerns tempered investor reaction to a fourth quarter that delivered a 60.7% jump in net pro…
A procedural effort led by House Republican leadership to block congressional challenges to President Trump’s tariffs was defeated on Tuesday in a 217-214 vote. Three Republicans joined all Democrats in opposing the measure, which would have barred tariff challenges through July 31. The result heightens pressure on Speaker Mike Johnson’s slim major…
Most Asian equity markets recorded modest advances as Australian shares outperformed following robust corporate earnings. Investors balanced the upside from company results with caution over weak Chinese price data and an impending U.S. jobs report that could influence Federal Reserve rate expectations.
Dubai Airports expects Dubai International Airport (DXB) to handle 99.5 million passengers in 2026, following a record year in 2025 when DXB served 95.2 million travelers. Key source markets include India, Saudi Arabia and Britain, while China, Egypt and Italy posted double-digit growth. A $35 billion expansion of Al Maktoum International is planne…
Semiconductor Manufacturing International Corp (SMIC) said its depreciation expense will rise by roughly 30% in 2026 as the company maintains elevated capital spending to expand wafer capacity and meet growing domestic demand. Management highlighted shifts in the semiconductor supply chain toward Chinese production, heavy investment in equipment, a…
Reserve Bank of Australia Deputy Governor Andrew Hauser warned that inflation remains elevated and signaled policymakers are prepared to act to bring it back within the target range. Hauser cited robust credit growth as a sign that the current stance of interest rates is not sufficiently restrictive, and reaffirmed the central bank's readiness to t…
Tony Wu and Jimmy Ba, two of the co-founders of Elon Musk's artificial intelligence venture xAI, have announced their resignations in social media posts. Their departures mark further attrition within the start-up, which now counts half of its original 12 co-founders as having left. Reports indicate Ba's exit followed internal pressures to improve …
