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.
14,318 total articles
Shares of Zhipu AI (HK:2513) surged after the company reported 131.9% revenue growth for the year to December 31, 2025, driven by rising domestic demand and continued model development. On-premise deployments remained the largest revenue source, while cloud-based sales grew sharply but at lower margins. The company posted a widening net loss and a …
Grab and WeRide have started Singapore's first publicly accessible autonomous ride-hailing service operating in a residential neighborhood. The pilot began in Punggol, offers rides on fixed routes to the public, and will provide free trips while the partners collect feedback ahead of a planned commercial launch in 2026. WeRide shares in Hong Kong r…
A Taiwan government filing shows TSMC plans to start producing advanced 3-nanometer chips at its second Japanese factory by 2028, targeting a throughput of 15,000 12-inch wafers per month. Equipment installation and mass production are both slated to begin in 2028. The move expands the company’s overseas footprint as it responds to strong demand fr…
Shares of Samsung Electronics and SK Hynix climbed sharply Wednesday as technology stocks rebounded following steep losses in March. Samsung rose more than 10% to 184,300 won while SK Hynix jumped as much as 9.5% to 884,000 won, helping lift the KOSPI index by 6.5% after a month that saw the gauge fall more than 19%.
Taiwan Semiconductor Manufacturing Co. (TSMC) plans to begin equipment installation and mass production of 3-nanometre wafers at its second fabrication plant in Japan in 2028, according to a Taiwanese government filing. The revised plan sets the second plant's monthly capacity at 15,000 12-inch wafers using advanced 3-nanometre process technology. …
Asian equities advanced on Wednesday after U.S. President Donald Trump indicated an expected wind-down of military action against Iran within two to three weeks. Stocks across the region rose, led by a 6.5% surge in South Korea's KOSPI, while landmark Japanese, Australian, Chinese and Hong Kong indexes also recorded notable gains. Markets were supp…
Asian markets opened sharply higher as investors reacted to comments suggesting U.S. military action against Iran could wind down within weeks, and strong March economic readings in South Korea and Japan reinforced equity gains. Risk-sensitive assets advanced, oil retreated modestly from recent swings, and the dollar eased after a steep one-day dro…
Sequoia Capital has appointed Doug Leone as chairman, according to posts by partners on X. Leone, a firm partner since 1988, previously relinquished the senior steward role in 2022 to Roelof Botha but continued to serve on portfolio company boards and remain a general partner in existing funds. The firm, founded in 1972 by Don Valentine, has a long…
U.S. stock-index futures rose on Tuesday evening following a strong session on Wall Street after President Donald Trump said U.S. military operations in Iran would end within weeks. The move capped a month-end rebound after steep losses in March, with technology shares leading gains. Markets digested comments about a planned military drawdown, pros…
Apple marks its 50th year amid a mix of commercial strength and mounting strategic questions. The company, founded from a hobbyist circuit board in early 1976, helped make personal computers and smartphones mainstream and built a recurring-revenue services engine. Yet Apple now confronts intense AI-driven competition from large software rivals and …
SpaceX has engaged at least 21 banks to underwrite a planned initial public offering codenamed Project Apex, according to people familiar with the matter. Five banks are acting as active bookrunners while 16 additional firms have been signed for smaller roles. The offering, expected in June, is projected to value the rocket company at $1.75 trillio…
Microsoft, Chevron and investment firm Engine No. 1 have entered an exclusivity agreement to discuss the generation and supply of power for data center operations. The move comes amid an industry push to secure dedicated electricity for rapidly growing data center capacity that will support generative artificial intelligence services such as ChatGP…
Fonterra has settled a lawsuit brought by Greenpeace Aotearoa, acknowledging that the '100% New Zealand grass-fed' label applied to Anchor butter was likely to mislead some consumers. Greenpeace alleged the butter sold in New Zealand supermarkets between December 2023 and April 2025 breached law because cows received non-grass feeds including palm …
Microsoft is in exclusive negotiations with Chevron and activist investor Engine No. 1 on a proposed natural gas-fired power complex in West Texas intended to supply electricity to a data center campus. The facility is expected to cost about $7 billion and initially produce approximately 2,500 megawatts. The discussions occur as major cloud provide…
AT&T has reached an agreement-in-principle to provide about $1 billion in upgrades to the Commerce Department’s FirstNet emergency cellular network and to deliver roughly $1 billion in cost savings for the program through reduced rates, a U.S. government agency said. The deal follows a 2017, 25-year contract to build FirstNet and was enabled by a 2…
Artisan Partners has publicly welcomed Unilever’s plan to merge its food division with McCormick, stating the transaction should allow Unilever to concentrate on its core personal care and home businesses. Artisan cited tax efficiency and an "attractive sale price," while noting the remaining group should trade at a higher earnings multiple on a st…
Mexico's benchmark S&P/BMV IPC climbed 2.27% at Tuesday's close, led by advances in industrials, consumer goods and consumer staples. Cemex, Grupo Mexico and Genomma Lab were the session's top performers, while Grupo Comercial Chedraui, Megacable and Vesta were among the few decliners. Market breadth favored risers, and commodity and currency marke…
Colombian stocks ended Tuesday's session higher, with the COLCAP index jumping 4.17% to reach a one-month high. Broad gains were led by Industrials, Services and Agriculture sectors, even as several heavyweight stocks registered steep losses. Commodity and currency markets showed modest movements, with coffee, cocoa and gold futures finishing highe…
Russian stocks ended lower after the close on Tuesday, with the MOEX Russia Index dropping 0.84% to a new one-month low. Losses originated in the Oil & Gas, Mining and Manufacturing sectors. Market breadth was negative, implied volatility eased, and commodities showed mixed performance as gold rallied and crude futures diverged.
HMH Holding Inc. set its initial public offering price at $20 per share for 10.52 million Class A shares, targeting gross proceeds of $210.4 million. Underwriters have a 30-day option to buy an additional 1.58 million shares at the IPO price, which if exercised would lift total proceeds to about $242 million. The company expects trading to begin on…
Beyond Meat reported a steeper-than-expected operating loss and quarterly revenue that missed analyst estimates as demand for higher-priced processed plant-based products remained weak. The company also disclosed delays to reporting driven by identified material weaknesses in inventory accounting and said it cannot yet estimate when its annual repo…
ORIC Pharmaceuticals' stock dropped 27% after the company named 400 mg once daily as the recommended Phase 3 dose of rinzimetostat in combination with darolutamide for the Himalayas-1 registrational trial in post-abiraterone metastatic castration-resistant prostate cancer. The choice followed dose-optimization findings showing comparable efficacy b…
The Federal Reserve Bank of New York has appointed Citigroup CEO Jane Fraser to the Federal Advisory Council for a one-year term that began in January. The council, which offers industry perspective to the Fed's Board of Governors, includes one banking representative from each of the 12 Federal Reserve districts and typically meets quarterly in Was…
S&P Global Ratings upgraded the Cook Islands' long-term sovereign credit rating to BB- from B+ late on Tuesday, citing a tourism-led economic rebound and fiscal restraint that have strengthened public finances. The agency assigned a stable outlook, maintained the short-term sovereign rating at B and kept the transfer and convertibility assessment a…
A federal judge in Manhattan has permitted former Twitter investors to proceed with a class action alleging Elon Musk delayed disclosing his initial stake in the company, potentially exposing him to larger damages. Plaintiffs contend Musk violated SEC timing rules by failing to reveal a 5% ownership threshold on March 24, 2022 and instead disclosed…
