Stocks
Single names, sectors, valuations and the trades behind the tape, explained in plain language.
Bilibili raises $700M in convertible notes; Tencent buys $200M stake
Bilibili is raising $700 million through convertible notes due 2031, with Tencent agreeing to buy $200 million. The funds will support share
Siemens Energy's super-cycle hopes may already be priced in, says Mwb
Siemens Energy has fallen more than 20% from recent highs, but Mwb Research says the stock still trades at about 21x forward EV-EBIT. The fi
Lululemon's second forecast cut sets up a tough CEO handoff
Lululemon shares tumbled about 20% in premarket trading after the athleisure brand trimmed its full-year forecast for the second time. The n
UBS downgrades Essity to sell on rising raw material costs
UBS has downgraded Swedish hygiene giant Essity to 'sell' as raw material costs climb again and pricing power weakens. The bank trimmed its
AMC CEO Aron Threatens SEC Complaint Over Robinhood's Tokenized Shares
AMC Entertainment CEO Adam Aron publicly criticized Robinhood's new tokenized AMC shares, calling them misleading and unregistered. He warne
Euro Sun signs $400M funding pact for Romania gold-copper project
Euro Sun Mining has signed a non-binding MOU with Macquarie and Trafigura for up to $400 million in project finance for its Rovina Valley go
Longsys prices Hong Kong IPO below range, raising HK$6.15 billion
Shenzhen Longsys Electronics priced its Hong Kong IPO at HK$236 per share, below the top of its range, raising about HK$6.15 billion. The AI
India's IPO calendar hits a traffic jam as six listings open September 9
India's IPO market is about to get crowded: six listings open for subscription on September 9, all racing to price before regulatory approva
Armani plans 15% stake sale after founder's death, Reuters says
Armani is preparing to sell an initial 15% stake after founder Giorgio Armani's death. Reuters reports potential buyers include LVMH, L'Oréa
Alstom wins €3bn Via Rail order for 313 new long-distance cars
Alstom has secured a €3 billion deal with Via Rail Canada to build 313 long-distance passenger cars, plus 15 years of technical support. The
AusQuest's Peru drill results hint at larger copper-gold system
AusQuest's first two diamond holes at Cangallo in Peru returned long mineralized intersections, prompting broker Euroz Hartleys to flag a po
WAM Leaders Raises AU$313M, Assets Top AU$2.2B
WAM Leaders raised AU$313 million, lifting assets above AU$2.2 billion. The fund priced new shares at a 2.5% discount to VWAP and expects lo