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Dow futures surge 214 points: 5 things to know before market opens

US stock index futures climbed on Wednesday after President Donald Trump said the United States would indefinitely postpone any attack on Iran. The development eased immediate concerns over a broader Middle East conflict and helped revive risk appetite before the opening bell. Investors were also looking ahead to a busy day of earnings, with Boeing… Continue reading Dow futures surge 214 points: 5 things to know before market opens

Reckitt stock dips on Q1 miss: what’s really ailing the health giant?

Reckitt stock fell about 5% in early trading on Wednesday after the consumer goods group said first-quarter core like-for-like net revenue rose only 1.3%. The figure was well below the 2.9% analysts had expected, and warned that first-half adjusted operating margin would be roughly 200 basis points lower than a year earlier. The update pointed… Continue reading Reckitt stock dips on Q1 miss: what’s really ailing the health giant?

Japan stocks outlook lifted as JPMorgan boosts Nikkei target

JP Morgan on Wednesday raised its year-end target for Japan’s benchmark Nikkei share average, citing strong momentum from artificial intelligence and currency dynamics. The investment bank increased its Nikkei target to 70,000 from a previous estimate of 61,000. It also lifted its projection for the broader Topix index to 4,300 from 4,100. The upward revision… Continue reading Japan stocks outlook lifted as JPMorgan boosts Nikkei target

Why is Sapporo stock sliding 6% after selling its US beer unit?

Sapporo Holdings stock slid as much as 6.4% on Wednesday after the Japanese brewer said it would sell Stone Brewing to Firestone Walker and Duvel Moortgat. The move is being read less as a clean strategic exit than as evidence that its US expansion has been costly and slow to pay off. The stock dropped… Continue reading Why is Sapporo stock sliding 6% after selling its US beer unit?

ABB lifts its 2026 outlook: here’s what’s driving the 5% stock pop

Swiss engineering group ABB raised its 2026 sales outlook on Wednesday after reporting a stronger-than-expected rise in first-quarter revenue, driven by surging demand from data centres processing artificial intelligence data. ABB said quarterly sales rose 18% to $8.73 billion, beating analysts’ average estimate of $8.25 billion. Operational profit also exceeded forecasts, reinforcing confidence in the… Continue reading ABB lifts its 2026 outlook: here’s what’s driving the 5% stock pop

SK Hynix spends $13 billion to widen its lead over Samsung and Micron

South Korea’s SK Hynix will invest 19 trillion won ($12.85 billion) in a new memory packaging facility, the world’s third-biggest semiconductor maker by sales announced on Tuesday. The development comes as surging artificial intelligence demand reshapes the global chips landscape and prompts the industry’s biggest players to accelerate capital expenditure at scale. The investment is… Continue reading SK Hynix spends $13 billion to widen its lead over Samsung and Micron

Here’s why the Hang Seng Index is falling after ceasefire extension

The Hang Seng Index sank by over 1.30% on Wednesday as concerns about the fragile ceasefire between the United States and Iran continued. It retreated to $26,137, erasing some of the gains made a day earlier. Hang Seng Index slips after Trump ceasefire extension  President Donald Trump announced that he would extend the fragile ceasefire… Continue reading Here’s why the Hang Seng Index is falling after ceasefire extension

Gold rises on Iran ceasefire: can gains hold as oil cools?

Gold climbed on Wednesday after President Donald Trump extended the Iran ceasefire, though gains were tempered as easing oil prices reduced some inflation concerns even while the broader geopolitical outlook remained uncertain. Spot gold rebounded 0.9% to $4,755.11 an ounce by 0225 GMT after hitting an April 13 low, while June US gold futures rose… Continue reading Gold rises on Iran ceasefire: can gains hold as oil cools?