News Digest / Latest Stock Market News

Latest Stock Market News

05:17am, Monday, May 04, 2026
GameStop launched a $56 billion cash-and-stock offer for eBay, ready to bypass the board with a shareholder vote. CEO Ryan Cohen eyes major cost cuts and a blockbuster retail-tech mashup.

03:28am, Monday, May 04, 2026
The UAE's unexpected exit from OPEC shakes up the alliance led by Saudi Energy Minister Prince Abdulaziz bin Salman, testing his command amid geopolitical rivalries and global supply disruptions.

03:26am, Monday, May 04, 2026
A surge of Ukrainian drone attacks targeted Russia's Primorsk port and naval vessels in the Baltic Sea, setting fires and damaging oil tankers and military ships, underscoring escalated tensions and threats to energy infrastructure.

03:25am, Monday, May 04, 2026
Fed's Neel Kashkari says the ongoing Iran war creates major uncertainty for inflation and economic outlook, limiting the Fed's ability to provide clear interest rate guidance amid energy market disruptions.

08:49am, Thursday, Apr 30, 2026
Alphabet raises its 2026 capex estimate to $190 billion, eyeing a notable jump in spending next year amid surging demand for AI and cloud infrastructure.

08:47am, Thursday, Apr 30, 2026
Caterpillar lifts its annual revenue forecast after a strong first quarter fueled by booming AI infrastructure demand for power equipment and increased dealer sales in construction units, easing tariff cost expectations.

08:46am, Thursday, Apr 30, 2026
Eli Lilly outperformed expectations in Q1 thanks to soaring sales of weight loss drug Zepbound and diabetes treatment Mounjaro. The company trims full-year revenue guidance upward amid strong demand momentum.

08:45am, Thursday, Apr 30, 2026
Royal Caribbean reports a surge in cruise bookings, signaling travelers' waning worries about Iran tensions. The shift highlights growing confidence in international cruising despite geopolitical uncertainties.

08:36am, Thursday, Apr 30, 2026
Apollo Global Management, Blackstone, and KKR are the frontrunners in Shell's auction to offload a major stake in LNG Canada, with bids expected between $10B and $15B as Shell eyes capital for expansion.

08:25am, Thursday, Apr 30, 2026
MTU Aero Engines reported Q1 results beating expectations, posting €320M adjusted EBIT and €177M free cash flow, nearly double estimates. The company maintained full-year guidance amid rising market uncertainty.

07:06am, Thursday, Apr 30, 2026
Samsung Electronics posts a nearly 50-fold surge in chip division profits on booming AI-driven demand, forecasting worsening supply shortages into 2027 despite efforts to expand production and secure multi-year contracts.

06:24am, Thursday, Apr 30, 2026
Stellantis posted a nearly threefold rise in Q1 adjusted operating income, driven by North American sales, but shares tumbled 10%+ as investors reacted to the results of the carmaker behind Jeep and Dodge.

06:24am, Thursday, Apr 30, 2026
Saudi Arabia's economy grew 2.8% in Q1, down from 3.7% last year, as ongoing conflicts involving Iran disrupt oil exports and regional stability, affecting the Gulf's economic momentum.

06:03am, Thursday, Apr 30, 2026
Aperam delivers Q1 EBITDA of €90 million, in line with forecasts, despite energy and shipment challenges. Outlook for Q2 remains optimistic with improving regional conditions and cost-saving initiatives underway.

05:51am, Thursday, Apr 30, 2026
Glencore's copper production jumped 19% in Q1 led by better ore grades in Africa, with its marketing division on track to beat earnings targets despite some cobalt output drops and cost pressures.

05:34am, Thursday, Apr 30, 2026
Volkswagen's Q1 operating profit dropped 14%, hit by tariffs and Chinese competition. Despite cost-cutting moves, the automaker says further structural changes are needed to boost efficiency and drive profits.

05:26am, Thursday, Apr 30, 2026
Puma edges past Q1 operating profit expectations with a 19.6% jump in EBIT, thanks to brisk inventory clearance and leaner operating costs. Sales slightly dip but top forecasts amid strategic shifts and new CFO appointment.

04:54am, Thursday, Apr 30, 2026
Befesa SA reported a 4% rise in adjusted EBITDA to €58M in Q1 2026, despite an 8% drop in revenue to €285M, driven by improved segment margins and efficient operations amid volume pressures.

04:51am, Thursday, Apr 30, 2026
Seagate Technology's upbeat revenue and earnings forecast sparks a surge in storage stocks, fueled by booming AI data demands and tightening memory supplies, pushing shares of key players higher.

09:47am, Wednesday, Apr 29, 2026
Morgan Stanley upgrades ADNOC Gas to overweight, raising price target due to expected benefits from the reopening of the Strait of Hormuz and higher oil prices in 2027-28.

09:41am, Wednesday, Apr 29, 2026
Finnish elevator giant Kone agrees to buy German rival TK Elevator in a $34 billion deal, creating the world's largest lift manufacturer with over 100,000 employees and expanded U.S. presence.

08:54am, Wednesday, Apr 29, 2026
Yum! Brands reported better-than-expected Q1 results, powered by strong demand at Taco Bell and KFC thanks to value meal deals, while Pizza Hut sales continued to struggle.

08:51am, Wednesday, Apr 29, 2026
SoFi hit new highs in loan originations, including student and home loans, but shares slip after the company holds steady on its full-year forecast, hinting at tempered growth expectations.

08:32am, Wednesday, Apr 29, 2026
Russia vows to stay in OPEC+ after UAE's surprising departure, aiming to keep the producer coalition intact despite growing tensions and market instability triggered by geopolitical conflicts.

08:24am, Wednesday, Apr 29, 2026
As Eli Lilly rolls out its weight-loss drug Foundayo, investors await clear sales data. Early reports suggest a slower uptake compared to rivals, but comprehensive insights remain weeks away.

07:58am, Wednesday, Apr 29, 2026
Kevin Warsh, President Trump's nominee for Federal Reserve Chair, is set to clear a Senate panel vote, paving the way to replace Jerome Powell amid political tensions over Fed independence.

07:49am, Wednesday, Apr 29, 2026
Airbus reported a 52% drop in Q1 operating profits due to slower deliveries impacted by Pratt & Whitney engine shortages and delivery issues in China, despite strong order backlogs.

08:32am, Tuesday, Apr 28, 2026
Oil prices climbed about 2% as stalemate continues between the U.S. and Iran, with the Strait of Hormuz still mostly closed, disrupting a vital oil transit route and keeping supply concerns front and center.

08:31am, Tuesday, Apr 28, 2026
Shares of Nippon Express surged after Elliott Management revealed a 5% stake, marking another bold move by the activist in Japan's corporate space amidst ongoing market reforms.

07:45am, Tuesday, Apr 28, 2026
BP's profits more than doubled in Q1, fueled by soaring oil prices linked to the Iran conflict, beating forecasts and pushing shares higher amid ongoing regional tensions.

05:30am, Tuesday, Apr 28, 2026
Hacksaw Gaming outperformed expectations in Q1 with €57.6M revenue, a 28% YoY surge, and a 27% EBIT increase. Its game portfolio and cash position show solid footing amid competitive online gambling.

04:44am, Tuesday, Apr 28, 2026
Shares of Domino's Pizza Australia dropped sharply after its US parent reported weaker-than-expected Q1 profits and sluggish sales, highlighting challenges for the Asia-Pacific operations.

04:17am, Tuesday, Apr 28, 2026
Assa Abloy posted a flat net profit in Q1 with sales down 6%, citing tough macroeconomic conditions impacting its North American residential market, while non-residential and security tech segments showed growth.

04:14am, Tuesday, Apr 28, 2026
AddLife's Q1 net sales came in at SEK 2.65 billion, falling short of analyst estimates due to currency fluctuations and divested operations, despite organic and acquired growth and continued EBITA margin stability.

03:53am, Tuesday, Apr 28, 2026
Swedish manufacturer Inwido reported a 4.3% EBITA margin in Q1 as sales volumes dropped, despite slight net sales growth. The company is tackling efficiency with cost cuts and recent acquisitions.

03:39am, Tuesday, Apr 28, 2026
General Motors is set to release first-quarter earnings with Wall Street forecasting a slight dip in both revenue and adjusted EPS, spotlighting challenges like EV write-downs and global headwinds.

08:13am, Monday, Apr 27, 2026
Forvia's first-quarter revenue took a hit due to a 23.5% sales drop in China, mainly from reduced production at BYD. Despite challenges, other regions and segments showed resilience, offsetting global automotive slumps.

05:15am, Monday, Apr 27, 2026
A Taiwan court sentenced a former Tokyo Electron worker to 10 years in prison for stealing trade secrets from TSMC, resulting in hefty fines and prison terms for several involved parties in a major technology breach case.

04:59am, Monday, Apr 27, 2026
Chip sectors lift global stocks buoyed by AI optimism, while Brent crude hits a three-week peak over stalled U.S.-Iran talks disrupting oil shipments through the Strait of Hormuz.

04:46am, Monday, Apr 27, 2026
Sun Pharma is acquiring US-based Organon in an $11.75 billion all-cash transaction, marking the largest overseas deal in India's pharmaceutical sector and expanding its specialty medicine footprint globally.