Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
China stocks edge up on AI hardware demand, but Tencent's cash burn weighs
China's stocks edged higher as upbeat US AI infrastructure outlooks boosted optical module makers. But Tencent slid 3.8% after reporting rec
Transurban lifts payout target to AU$0.72 despite softer growth outlook
Transurban has lifted its payout target to AU$0.72 per share for fiscal 2027, even as analysts at Jefferies flag softer-than-expected revenu
Cleanaway grants EQT exclusive due diligence on A$9.4B bid
Cleanaway Waste Management has given EQT Infrastructure nine weeks of exclusive access to its books for a A$9.4 billion takeover bid. Shares
Ford to move some Lincoln output from China to US by 2030
Ford plans to build some China-made Lincoln models in the US starting in 2030, after tariffs and new connected-vehicle rules changed the cos
Small caps surge: waste cleanup win, AI demand lift three stocks
Three smaller names drew heavy trading: Perma-Fix won a Hanford cleanup subcontract, while Nebius and CoreWeave posted AI-fueled quarterly b
Investors shift from South Korean stocks to Taiwan for steadier AI exposure
Traders are pulling billions from South Korean stocks and pouring money into Taiwan, favoring TSMC for steadier AI exposure. Both markets ar
Trian's Peltz assembles group to take Wendy's private
Trian Fund Management is putting together a group that could bid to take Wendy's private, Reuters reports. Shares jumped 14% on the news as
Trian's Peltz reportedly lines up bid to take Wendy's private
Activist investor Nelson Peltz's Trian Fund Management is reportedly lining up a group to take Wendy's private. A bid could come in the next
Londian Wason's NYSE debut tests US appetite for Chinese listings
Londian Wason New Energy Tech debuted on the NYSE at a $2.01 billion valuation, raising $94.3 million. The listing is a key test of US inves
Intuitive Surgical's leasing model keeps rivals at bay, Oppenheimer says
Oppenheimer analysts say Intuitive Surgical's edge isn't just the da Vinci robot, but its pricing model. Operating leases and per-procedure
Cava's sales recover as RBC lifts price target to $95
RBC lifted its price target on Cava to $95, citing improving same-store sales after a food-safety scare and strong performance from new loca
Aramark's Nexus growth could add up to $500M in revenue by 2028
Morgan Stanley says Aramark's Nexus business could add $400-500 million in annualized revenue across fiscal 2027 and 2028 as new sites and c