Japan’s Biggest Banks Expect Another Year of Record Profit
Japan’s two largest lenders, MUFG and Mizuho, are forecasting record earnings for the fiscal year ending March 2027 as higher interest rates lift loan profitability. MUFG projects an 11% net‑income rise to ¥2.7 trillion (about $17.4 billion), while Mizuho expects a 4% gain to ¥1.3 trillion ($8.4 billion). Both banks announced share‑buyback programmes of up to ¥100 billion ($645 million). The outlook is tempered by geopolitical tensions in the Middle East that could pressure Japan’s economy and credit quality.
Analysts Lower McDonald’s (MCD) Price Targets Despite Q1 Earnings Beat
McDonald’s reported a stronger‑than‑expected Q1, with global comparable sales climbing 3.8% and revenue beating forecasts. Despite the beat, Morgan Stanley trimmed its price target to $331 and RBC Capital reduced its target by $25, though both kept neutral ratings. The...
Honda Reports Losses in FY25 Due to Overhaul of BEV Business
Honda Motor Co. posted a 2.2% revenue decline to ¥21.8 trillion (≈$138 billion) for FY25, slipping into a ¥414 billion (≈$3 billion) operating loss after a ¥1.2 trillion profit year. The loss stems from large accounting charges and restructuring tied to a U.S. BEV strategy...
Here's What's Driving Ford's Guidance Hike -- and What Isn't.
Ford Motor Co. lifted its full‑year adjusted EBIT outlook by $500 million at both the low and high ends, setting a new range of $8.5 billion to $10.5 billion for 2026. The raise rests on a strong sales mix—off‑road trims now account for...
Palantir's Critics Are "Right"—But They're Also Still Wrong
Palantir Technologies (PLTR) is trading around $137 with a modest 0.2% gain, while analysts maintain a Moderate Buy rating and a consensus price target of $195. Critics argue the stock is overvalued and overly dependent on government contracts, yet the...
China's Tencent Sees Boost From Gaming, AI Demand Even as Revenue Comes in Weaker than Expected
Tencent reported first‑quarter 2026 revenue of 196.5 bn yuan (≈ $28.9 bn), up 9% year‑on‑year but below analyst forecasts. Domestic gaming revenue grew 6% to 45.4 bn yuan (≈ $6.7 bn), a slowdown from the prior year’s 24% surge. The company highlighted rapid progress on AI,...
SoftBank Profits Surge on $25bn Gain for OpenAI Stake
SoftBank Group posted a sharp rise in quarterly profit, largely driven by a $25 billion unrealized gain on its Vision Fund stake in OpenAI. The investment, now valued at roughly $30 billion, lifted net profit to about ¥1.2 trillion, offsetting weaker performance in...
Strong Winds Boost RWE Earnings
RWE reported a strong first‑quarter earnings beat, with adjusted EBITDA climbing to €1.6 billion ($1.74 billion) and earnings per share rising 25% to €0.85 ($0.93). The uplift stemmed from favorable wind conditions, the commissioning of 2.3 GW of new wind, solar and battery...
MSCI to Cut some of Indonesia’s Biggest Companies From Global Indices
MSCI announced it will remove several of Indonesia’s largest publicly listed firms from its global equity indices, including the MSCI Emerging Markets and MSCI ACWI indexes. The move follows a review that flagged governance concerns, reduced free‑float, and liquidity shortfalls...
Alibaba, Tencent AI Bets Face ‘Show Me the Profits’ Scrutiny
Chinese investors are entering earnings season demanding proof that AI spend is profitable. Alibaba Group and Tencent Holdings will report results on Wednesday, putting their multibillion‑dollar AI investments under the microscope. Market participants will also assess whether the firms can...
Cisco Systems Taps Record High Before Earnings
Cisco Systems (CSCO) briefly touched a record $99.93 before settling at $98.44 as investors await its fiscal third‑quarter earnings report due after market close on May 13. Zacks Research projects earnings per share of $1.04 on revenue of $15.58 billion, a...
Simon Property Group Reports $1.7B in Q1 Revenue as Earnings Surpass Estimates
Simon Property Group posted a strong first‑quarter 2026, generating more than $1.7 billion in revenue—up roughly 20% year‑over‑year—and delivering earnings per share of $1.48, modestly beating analyst forecasts. Net income rose 19% to $568 million, while overall occupancy held steady at 96%...
Why Intel’s Stock Is Falling and Guiding the Chip Sector Toward Its Worst Day of the Year
Intel’s shares plunged 6.8% on Tuesday, making the chipmaker the second‑largest loser in the S&P 500 after Qualcomm. The broader semiconductor sector slipped 3% as analysts cite buyer exhaustion and fresh inflation data that could dampen data‑center spending on AI workloads....
AI Stocks Nvidia, AMD, Broadcom Nab Price-Target Hikes
Wall Street analysts lifted price targets on several AI‑chip leaders, underscoring soaring data‑center demand. Susquehanna raised Nvidia’s target to $275, while Citi kept it at $300, citing stronger-than‑expected quarterly outlook. Broadcom’s target climbed to $500 as analysts project AI‑related revenue...
Munich Re Q1 Profit Jumps on Lower Catastrophe Losses
Munich Re posted first‑quarter net income of €1.7 bn ($2 bn), a 57% jump year‑over‑year, driven by sharply lower catastrophe claims and strong underwriting in its property/casualty reinsurance and global specialty insurance units. The combined ratio for property/casualty fell to 66.8% from...
Apple Has the Right Stuff for More Upside
Apple posted a $111 billion March‑quarter revenue, up 17% year‑over‑year, propelled by a 22% surge in iPhone 17 sales. The strong handset performance, especially in overseas markets, helped offset rising memory component costs that the company mitigated through larger base storage...
Goldman Sachs Says the S&P 500's Run Past 7,100 Is 'Froth' — a Previous Time Wall Street Said that, a...
Goldman Sachs warned that the S&P 500’s recent climb past 7,100 is driven by market “froth” rather than solid fundamentals. The bank’s traders see the rally as unsustainable, citing the resurgence of the Iran‑related conflict and rising oil prices. Inflation rose...
Intel Rally Faces Reality Check After Triple-Digit Surge
Intel’s stock has surged more than three‑fold since late March as investors bet the chipmaker will win a sizable Apple foundry contract. Bank of America estimates the Apple opportunity could be worth $35‑$40 billion, potentially adding over $10 billion of annual revenue...
Nvidia: Still A Buy Despite Mounting Risks
Nvidia remains the AI and semiconductor bellwether despite recent under‑performance versus peers. The company targets over $88 billion in Q2 sales and maintains margins near 75 percent. Analyst Victor Dergunov keeps a Buy rating, raising the 12‑month price target to $275 while...
Can Japanese Stocks Keep Running After Hitting Historic Highs?
Japan’s equity market has surged, with the Nikkei 225 up more than 20% year‑to‑date and 66% over the past 12 months, reaching levels 150% above its 1989 peak. ClearBridge’s Grace Su attributes the rally to a strong AI‑driven demand for Japanese...
Q4 Results Today Live: MobiKwik Q4 Profit Dips Q-O-Q, Tata Power, Dr Reddy's, Torrent Power, Dixon Tech, Max Financial, Berger...
Fintech player MobiKwik posted a modest Rs 4.38 crore (≈US$0.6 million) profit for Q4 FY26, reversing a Rs 56 crore loss a year earlier, citing disciplined cost control. Utilities giant Tata Power reported an 8% rise in net profit to Rs 1,415 crore (≈US$189 million) driven by lower...
Ed Yardeni Boosts S&P Target Amid ‘Unprecedented’ Earnings Expectations
Ed Yardeni raised his S&P 500 target, citing unprecedented earnings expectations that could deliver 24% full‑year earnings growth after an 18% YoY jump in Q1. He highlighted the semiconductor sector’s 18% weighting and record‑high earnings outlook for small‑ and mid‑cap stocks,...
Ebay Rejects $56bn GameStop Bid as ‘neither Credible nor Attractive’
GameStop offered to acquire eBay for roughly $56 billion, but eBay’s board rejected the proposal, calling it neither credible nor attractive. The bid, which would have been the largest merger in the e‑commerce sector, was dismissed despite GameStop’s push to diversify...
KBC Q1 Profit Misses Expectations on Geopolitical Reserve Build
KBC Group posted Q1 2026 net profit of €557 million (≈$600 million), falling short of the €578 million consensus. The miss stemmed from €165 million in impairment charges, including a €75 million boost to its geopolitical and macro‑economic expected credit loss reserve, now €175 million. Net...
Siemens Energy Hikes FY26 Outlook as Record Q2 Orders Hit €17.75 Bln
Siemens Energy lifted its FY26 outlook after Q2 orders hit a record €17.75 bn (≈$19.3 bn), beating analyst consensus. Free cash flow pre‑tax rose to €1.98 bn (≈$2.2 bn), prompting the company to raise its FY26 free‑cash‑flow target to about €8 bn (≈$8.7 bn). The firm...
Top Companies in East Africa 2026: Tanzania's Growing Influence
Safaricom stays the clear leader in East Africa with an $8.4 billion market cap, posting a 55% jump in half‑year profit to 65.2 bn shillings ($501 m) driven by stronger Ethiopian operations. Tanzanian banks CRDB and NMB surged to $2.7 bn each, pushing Tanzania’s...
Bears Tighten Grip on D-Street as GIFT Nifty Points to Weak Opening
Indian equities slipped about 1.5% on Monday as the failure of U.S.-Iran peace talks rattled global sentiment. Foreign portfolio investors net bought roughly ₹8,437 crore (≈$1 bn) while domestic institutional investors added about ₹5,939 crore (≈$715 m). The India VIX surged 10% to 18.5,...
Merck (MRK) Tops Quarterly Sales Forecasts as Keytruda Drives Growth
Merck reported first‑quarter 2024 revenue of $16.3 billion, a 5% increase that topped analysts’ $15.8 billion estimate. Keytruda drove the beat, posting $8 billion in sales, up 12% and above the $7.6 billion consensus, lifting the stock 5% in pre‑market trading. A $3.62‑per‑share charge...
Michael Burry Warns of Stock Crash as Tech Jump Echoes 2000 Peak
Michael Burry, famed for his role in "The Big Short," warned that the Nasdaq 100 is on the brink of a sharp reversal after a parabolic rally. He highlighted a 70% jump in the Philadelphia Stock Exchange Semiconductor Index since late...
Tariffs and Forex Lead to Significant Fall in Toyota Profit
Toyota announced fiscal 2025/26 results showing a 5.5% revenue increase to ¥50.7 tr (≈$338 bn), but operating income slumped 21.5% to ¥3.77 tr (≈$25 bn). Pre‑tax profit fell 19.7% to ¥5.15 tr (≈$34 bn) and net profit slipped 16.8% to just under ¥4 tr (≈$27 bn). The decline...
Stock Market Today: Dow Up As Trump Gives Iran Warning; Michael Burry Says This As Micron Soars (Live Coverage)
U.S. equity markets nudged higher on Monday, with the Dow up 0.2%, the S&P 500 reaching a fresh all‑time high above 7,400, and the Nasdaq climbing 0.1% to a new peak. The gains came amid President Trump’s warning that the U.S.–Iran...
The Man Who Put a Big Smile on Johann Rupert’s Face
Vodacom paid R12.642 billion for a 30% stake in Maziv, the fibre‑to‑home and fibre‑to‑site leader owned by Remgro’s CIVH. The transaction generated R6.282 billion of goodwill, effectively paying twice the fair value of Maziv’s identifiable net assets. Maziv, which includes Vumatel, Herotel...
Honda Set for First Operating Loss Amid EV Overhaul – Report
Honda Motor is projected to post a ¥400 billion ($2.55 billion) operating loss for the fiscal year ending March 2026, its first deficit since going public in 1957. The loss follows a strategic overhaul that saw the cancellation of three North‑American EV models...
Vodacom Starts Vision 2030 Strong as Double-Digit Earnings Reported for Year
Vodacom Group reported double‑digit earnings growth for the year ended 31 March 2026, with EBITDA up 14.2% to R62.6 billion (≈$3.3 billion) and a margin of 37.4%. Revenue rose 12.2% to R167.7 billion (≈$8.8 billion), driven by strong service and financial‑services performance across Africa, notably...
Hyundai Shares Jump 5% Despite 22% YoY Fall in Q4 Net Profit to Rs 1,256 Crore
Hyundai Motor India’s shares jumped about 5% even though Q4 FY26 net profit fell 22% to Rs 1,256 crore (≈$151 million). Revenue rose more than 5% to Rs 18,916 crore (≈$228 million) and the board proposed a Rs 21 per‑share dividend (≈$0.25). Brokerages kept "Buy" ratings, with...
Nifty Bank Crashes 900 Points as SBI, IndusInd, Yes Bank, Other Lender Stocks Tumble up to 4%. What Lies Ahead?
The Nifty Bank index plunged nearly 900 points, falling about 2% to around 54,442 after State Bank of India reported weaker margins despite higher profit. SBI’s shares dropped 4% on the day and have lost 10% over two days, dragging...
Tata Consumer Shares Soar 7% After Better-than-Expected Q4 Earnings. Here’s What Morgan Stanley & Other Top Brokerages Say
Tata Consumer Products posted a strong Q4 FY 2026, with net profit climbing 21% YoY to about ₹419 crore (≈$50 million) and revenue rising 18% to ₹5,438 crore (≈$655 million). The earnings beat lifted the stock nearly 7% despite a bearish market, and the board...
Q4 Results Today Live: Canara Bank, JSW Energy, IHCL, Abbott India, UPL, JB Chemicals, Nuvama Wealth, NIACL, Shyam Metalics, Syrma...
India’s major indices slipped more than 1% on May 11 as a wave of Q4 FY26 earnings rolled out across sectors. Consumer staples such as Pidilite and Britannia faced 40‑50% input‑cost inflation, squeezing margins despite price hikes, while firms like Tata...
Q4 Results 2026: Canara Bank to Indian Hotels Among Companies to Declare Q4 Results Today; Full List Here
The Indian earnings season entered its fifth week as more than 70 companies, including Canara Bank, Indian Hotels and JSW Energy, report Q4 2026 results on May 11. Analysts expect Canara Bank’s net profit to fall 11.8% YoY while net interest income...
JPMorgan Hikes Kospi Bull Case Target to 10,000 on Memory Boom
JPMorgan Chase raised its outlook for South Korea’s KOSPI index, moving the base target to 9,000 points and the bull‑case target to 10,000 points, a 33% upside from the market’s Friday close. The revision follows a second upgrade in less...
Fox Corp (FOXA) Q3 2026 Earnings Call Transcript
Fox Corp posted $5.18 billion in total revenue for Q3 2026, a modest 2% increase driven by gains in both advertising and distribution. Adjusted EBITDA fell to $692 million as higher digital and sports expenses offset lower entertainment costs, while net income dropped...
Market Guru Yardeni Sees S&P 500 Hitting 8,250 This Year, Highest Among Top Wall Street Forecasters, as Earnings Bolster ‘Roaring...
Yardeni Research President Ed Yardeni raised his S&P 500 year‑end target to 8,250, an 11.5% jump from the current level and the most bullish among leading Wall Street forecasters. The upgrade reflects an 8% year‑to‑date market gain and a revised...
As Nvidia Earnings Draw Closer, Here Are 5 Things Investors Need to Watch
Nvidia is set to report its fiscal first‑quarter results on May 20, 2026, amid a stock performance that lags the broader semiconductor rally. The company’s shares have risen only about 15 % year‑to‑date, compared with a 61 % gain in the PHLX Semiconductor...
Mcap of 4 of Top 10 Most Valued Firms Erodes by Rs 1 Lakh Cr; SBI Biggest Laggard
The market capitalisation of four of India’s top‑10 firms shrank by roughly Rs 1 lakh crore (about $12 billion) last week, with State Bank of India bearing the brunt at a Rs 44,722 crore ($540 million) loss. Despite this erosion, the BSE Sensex climbed 414.69 points (0.53%)...
Saudi Aramco’s Q1 Profit up 26% After Iran War-Driven Oil Price Rise
Saudi Aramco posted a first‑quarter adjusted net income of 126 billion riyals (about $33.6 billion), a 26% jump from the same period a year earlier, driven by a war‑induced surge in oil prices. Brent crude climbed over 43% in March, pushing spot...
Why Caterpillar Could Be the AI Stock of the Year
Caterpillar reported a 22% jump in first‑quarter 2026 revenue to $17.4 billion, driven by soaring demand for data‑center construction. The company’s backlog hit a record high, giving it strong visibility into future earnings. Over the past year the stock has rallied...
PPG Q1 2026 Slides: Aerospace Drives Earnings Beat Amid Inflation
PPG Industries posted Q1 2026 adjusted EPS of $1.83, a 6% year‑over‑year rise and a 7.6% beat versus the $1.70 consensus, while net sales climbed 7% to $3.9 billion. Growth was driven by a 1% organic increase, a 6% currency boost, and...
Here Are the 3 Key Themes From Hyperscaler Results
Morgan Stanley highlighted accelerating growth at the three major hyperscalers—Google Cloud, AWS, and Azure—driven by expanding AI workloads, continued cloud migration, and rising demand for database and analytics services. In Q1, aggregate hyperscaler revenue grew 39% year‑on‑year, up from 33%...
Is Intel Stock the Next Nvidia?
Intel’s shares have rocketed nearly 500% over the past year, hitting a 52‑week high around $130 after a strong Q1 that delivered $13.6 billion in revenue and a 22% jump in AI‑focused data‑center sales. The chipmaker also announced a preliminary manufacturing...
Apple Dominated the 2026 Chip War. Google’s Partners Are Left to Buy Scraps
Apple secured over half of TSMC’s 2 nm capacity for 2026 and prepaid multi‑year HBM memory using its $123 B cash reserve, cementing a vertical hardware advantage. Google and partners are left fighting for limited 3 nm wafers and face spot memory prices...