Stock Research

US stock indices moved higher on Wednesday after President Donald Trump extended the ceasefire with Iran, even as uncertainty persisted over the durability of the truce. The Dow Jones Industrial Average rose by more than 417 points, or about 0.85%, while the S&P 500 gained roughly 0.67% and the Nasdaq 100 climbed 0.72%. The gains… Continue reading Dow Jones jumps 417 pts as Trump extends Iran ceasefire

Robinhood’s proprietary investment vehicle for retail investors has taken a small stake in privately held OpenAI, the trading company announced on Wednesday. The Robinhood Ventures Fund I (RVI), which offers investors exposure to private technology companies, invested $75 million in the artificial intelligence firm. The fund went public and began trading on the New York… Continue reading Robinhood fund takes $75M stake in OpenAI

Best Buy has announced a leadership transition, naming Jason Bonfig as its next chief executive officer, replacing Corie Barry later this year. The move comes at a critical juncture for the consumer electronics retailer, which is grappling with sluggish sales growth and shifting consumer behaviour in a high-cost environment. Bonfig will take over as CEO… Continue reading Corie Barry to step down as Best Buy names Jason Bonfig CEO

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 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