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.
14,314 total articles
European equity indices fell on heightened Middle East tensions that pushed oil prices up and reduced hopes for a near-term diplomatic resolution. Market moves were led by broad weakness across the STOXX 600 and major national benchmarks, while individual travel and technology names diverged on company-specific news.
Fastighets AB Balder reported a drop in profit from property management in the first quarter, driven largely by the boards proposal to distribute its Norion Bank shares to shareholders. Adjusted for the removal of Norion Bank, underlying property-management earnings rose, while several balance-sheet metrics showed modest movement: net asset value …
Nintendo said it will raise retail prices for its Switch 2 console and related services across major markets, citing changing market conditions and rising costs. The Japan launch price will increase to 59,980 yen on May 25, existing Switch models in Japan will see price rises up to 33%, and international prices will be raised later in the year. The…
Tokyo shares closed lower on Friday, dragged down by declines in Paper & Pulp, Transport and Communication sectors even as the Nikkei 225 recorded a new all-time high. Market breadth was slightly negative, with several individual stocks showing large intraday moves. Oil, gold and currency contracts recorded modest changes.
Commerzbank said it will cut 3,000 positions and incur roughly 450 million euros of restructuring costs as it upgrades its 2028 revenue and profit targets in a bid to preserve independence from UniCredit's takeover attempt. The move comes after UniCredit formally launched a below-market offer and increased its stake in Commerzbank to just under 30%…
Henry Boot said its chief executive, Tim Roberts, will step down later this year after six years in the role. The board has appointed Edward Hutchinson, a long-serving internal executive, as Roberts' successor following a handover period. Roberts joined the business in 2020 and led a series of governance, strategic and portfolio changes including t…
Australian equities fell at the close on Friday, with the S&P/ASX 200 losing 1.51% after declines in the Financials, A-REITs and Utilities sectors. Market breadth was negative, volatility as measured by the S&P/ASX 200 VIX increased, and mixed moves in commodities and currencies accompanied the equity downturn.
Taiwan's benchmark index closed at a new record after a broad advance led by the Other Electronic, Computers & Peripherals and Electronic Products Distribution sectors. Several individual stocks posted double-digit percentage moves, both to the upside and downside, while commodity and currency benchmarks showed modest moves.
Russia and Ukraine each accused the other of breaking a two-day ceasefire that Moscow announced to cover Victory Day festivities. Russian authorities reported dozens of downed Ukrainian drones and strikes on the capital and the Urals, while Kyiv said Russian forces continued attacks on frontline positions and launched hundreds of strikes overnight.
Investors in Unilever and McCormick are requesting clear commitments that the merged food company will maintain Unilever’s stringent sustainability standards, particularly on deforestation-free sourcing, traceability and grievance mechanisms. The $65 billion tie-up combines Unilever’s food division with McCormick, creating an enlarged business with…
China's top prosecutor has charged a former chairman of China Eastern Airlines with bribery, part of a broader anti-corruption campaign that has recently seen several high-profile officials prosecuted and harshly punished. The probe and related actions have targeted misuse of public funds, bank credit and state-owned assets, with several party memb…
Anthropic is exploring a massive funding round that could value the AI company close to $1 trillion, with a planned raise of up to $50 billion to scale computing capacity. The potential pre-money valuation is about $900 billion, and the round could close within two months. The company’s annualized revenue is projected to rise above $45 billion from…
Sony expects overall operating profit to rise 11% to 1.6 trillion yen for the year ending March 2027, driven in part by stronger gaming profits despite a forecasted 6% decline in gaming sales. The company signaled confidence in software margins and ecosystem engagement but highlighted constraints from rising memory-chip prices and supply-chain risk…
Macquarie Group reported a significant jump in annual profit and revenue, driven largely by its Commodities and Global Markets division amid volatile oil markets. Shares climbed to an intraday record before retracing with the broader ASX 200, and the bank lifted its final dividend for the year to A$4.20 per share.
The White House has invited a much smaller group of chief executives to accompany President Donald Trump on his May summit in Beijing, multiple people briefed on planning said. The pared-down list - roughly a dozen company representatives compared with 29 executives on the 2017 trip - reflects internal disagreement about the role of business at the…
A federal trade court concluded that the administration exceeded its authority by imposing a 10% tariff on most U.S. imports, finding the use of a 1970s statute improper. The ruling declares the duties illegal but, for now, limits relief to certain states and small businesses that brought challenges. An appeal is expected and the decision arrives a…
Morgan Stanley's valuation work identifies optical component manufacturers as the leading opportunities in Greater China's technology hardware space. Using residual income models, the bank ranks Largan Precision first and Genius Electronic Optical second, citing potential upside from premium smartphone demand and emerging lens technologies while fl…
Asian share prices retreated on Friday after renewed U.S.-Iran military action in the Strait of Hormuz reduced optimism for a near-term end to the conflict. Losses were capped, however, as technology names held some resilience on AI optimism and S&P 500 futures were firmer in Asian trade. Oil’s jump and recent central bank signals added to market c…
Mobia Medical priced a 10 million-share initial public offering at $15 per share to raise approximately $150 million before fees. The Austin, Texas-based medical device company expects its common stock to begin trading on the Nasdaq Global Select Market under the ticker MOBI on May 8, 2026, with the offering due to close on May 11, 2026, subject to…
Odyssey Therapeutics sold 15.5 million shares at $18 each in an upsized U.S. initial public offering, generating $279 million in proceeds. The Boston company will use the funds mainly to advance clinical work on OD-001, a therapy now in a mid-stage trial for ulcerative colitis, and for general corporate purposes. The IPO comes amid a broader resurg…
Odyssey Therapeutics has priced an upsized initial public offering of 15.5 million shares at $18 per share and granted underwriters a 30-day option for up to 2.325 million additional shares. Concurrently, the company agreed to a private placement of 1.388 million shares to an affiliate of TPG Life Sciences Innovations at the same price. Combined gr…
Macquarie delivered its biggest annual profit in three years, surpassing market expectations as its Commodities and Global Markets unit saw sharply higher income driven by client hedging and trading amid volatile commodity markets. The bank's shares reached a record A$249.49 while management signalled an end to further on-market buybacks.
SK Hynix has been approached by several large technology companies with proposals intended to secure future supplies of memory chips. Offers include funding for dedicated production lines and assistance with equipment purchases, including extreme ultraviolet (EUV) lithography machines that carry multi-hundred-million dollar price tags. The chipmake…
SoftBank Corp is engaged in discussions with Nvidia and Foxconn about establishing AI server production in Japan. The plan, as described, is to begin by assembling components procured from outside suppliers by the end of the decade and later transition to managing the entire server manufacturing process domestically.
U.S. stock index futures declined on Thursday evening after fresh military activity in the Strait of Hormuz undercut hopes for a negotiated pause between the United States and Iran. Investors are also focused on April nonfarm payrolls, seeking indications of whether the Middle East conflict has begun to affect hiring and broader interest-rate expec…
