Stock Research

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?

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

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?

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

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

SpaceX’s deal with Cursor is less a conventional takeover bet than a race against the calendar. The Elon Musk-led company has secured the right to buy the AI coding startup for $60 billion later this year, or pay $10 billion for the partnership if it walks away. With SpaceX preparing for a blockbuster IPO as… Continue reading Why SpaceX is desperate to own Cursor before year-end

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?

Asian markets opened mixed on Wednesday after President Donald Trump said he would indefinitely extend the Iran ceasefire. The announcement provided some support to risk sentiment, even as investors remained wary of the still-closed Strait of Hormuz and elevated oil prices. Japan’s Nikkei 225 climbed to a fresh record on the back of domestic trade… Continue reading Nikkei hits record high as Asian markets mixed on ceasefire extension

US stocks closed lower on Tuesday, reversing earlier gains as geopolitical uncertainty surrounding Iran and concerns about the Federal Reserve’s independence weighed on investor sentiment. Markets had initially found support from strong corporate earnings and economic data, but those gains faded as the session progressed. The Dow Jones Industrial Average fell 293 points, or 0.59%,… Continue reading Dow Jones sinks 293 pts as Iran fears, Fed tensions hit stocks