Stocks

Bloomberg The Tokyo Stock Exchange implemented its biggest revamp in over 60 years on Monday, with a long-awaited but largely symbolic restructuring of its market segments. Earlier hailed as a once-in-a-generation shift, the introduction of the three new sections — Prime, Standard and Growth — was intended to boost Japanese stocks’ appeal and understandability to foreign investors. But the restructuring ...

  Bloomberg Stocks in Europe struggled for traction and US index futures slipped as traders weighed the latest developments in the Ukraine war, with some European governments pushing for stiffer sanctions on Russia amid reports that its troops executed unarmed civilians. The Stoxx Europe 600 index fluctuated at the open, with banks and car makers leading declines. The healthcare sector ...

Bloomberg In a market gripped by concerns over rising interest rates and soaring inflation, investors are avoiding European food delivery companies, turned off by their steep losses and determined efforts to expand. Shares in Delivery Hero SE plunged 59% last quarter, the second-worst performance in Europe’s Stoxx 600 Index. Peers Just Eat Takeaway.com N.V. and Deliveroo Plc dropped more than ...

  Bloomberg Chinese technology stocks fell for a second day amid continued concern about the risk of local firms getting kicked off American exchanges. The Hang Seng Tech Index, which tracks some of the biggest Chinese firms in the sector, closed down 0.7% Friday, having earlier lost as much as 3.9%. It falls 1.4% after the US securities regulator played ...

Bloomberg GameStop Corp shares surged as much as 22% in extended trading after the company said it plans to ask shareholders for approval of a stock split in the form of a dividend. The gaming retailer will request at its upcoming annual meeting that shareholders approve a proposal to increase the number of Class A shares to 1 billion from ...

  Bloomberg Stocks in Hong Kong attracted record inflows via exchange-traded funds in March, as retail investors took advantage of a historic dip and an ensuing rebound to bet on further gains. Some 60 equity ETFs tracking the city’s indexes added $4.4 billion since end-February, the most in monthly data compiled by Bloomberg going back to 2000. The Tracker Fund, ...

  Bloomberg Energy stocks dropped with oil prices as investors weighed reports that the Biden administration is considering a massive release of crude from US reserves to fight inflation. Stocks in Europe are set for the first quarterly decline since 2020. Shares in big US energy companies declined in premarket trading, while index futures mostly advanced, Treasuries held gains and ...

  Bloomberg Stocks fall and energy prices rose as skepticism about Russia’s promise to de-escalate the war in Ukraine renewed concerns about higher raw material prices and commodity disruption. Europe’s Stoxx 600 snapped a three-day winning streak after surging to the highest level in five weeks. US futures slipped amid warnings that gains of the past two weeks have the ...

Bloomberg Apple Inc extended gains, in a winning-streak last seen nearly two decades ago, as improved risk sentiment is sending investors back to the largest US technology companies. Apple rises for an 11th-consecutive day in New York, climbing 1.9% to close at $178.96 and roughly $3 shy of a closing record reached in early January. The longest-winning streak since 2003 ...

Bloomberg Tesla Inc added about $84 billion to its stock-market value, more than Ford Motor Co.’s entire market capitalisation, after the electric-vehicle maker said it is planning a second stock split in about two years. Stocks splits for large companies have returned to the spotlight recently with Amazon.com Inc. saying earlier this month that it will do a 20-for-1 stock ...