Goldman Sachs cuts Hong Kong stocks in favor of mainland China AI hardware plays
The investment bank on Wednesday cut its rating on H shares to market-weight from overweight, while staying overweight mainland China’s A shares.
Australia’s first-quarter economic growth misses estimates on severe weather, weak demand
The country’s GDP expanded 2.5% in the first three months this year, compared to a year earlier, missing economists’ expectations for a 2.6% growth.
Korea’s stock market has doubled in 2026, and Goldman still sees another 35% upside
South Korea’s stock market has already doubled this year, but some strategists say the rally may still have room to run.
U.S., Iran intensify attacks as ceasefire frays, peace talks stall
The regional conflict has hardened into a stalemate as the U.S. and Iran failed to turn a fragile ceasefire into a lasting peace deal.
Oil climbs as U.S., Iran trade strikes while Trump says negotiations with Tehran underway
U.S. Central Command said Tuesday that it had defeated multiple Iranian ballistic missiles following “attempted attacks” by Iran.
Japan’s Nikkei hits record high as Asia markets rise amid Middle East concerns
Asia-Pacific markets opened higher even amid concerns over volatile oil prices with the Strait of Hormuz remaining closed.
Iran has mined ‘large segments’ of Hormuz Strait, Secretary of State Rubio says
Rubio called Iran’s actions illegal in testimony to the Senate Foreign Relations Committee.
Stock futures are little changed after S&P 500 closes at another record: Live updates
The three major indexes rose to fresh record highs on Tuesday.
Palo Alto Networks tops earnings as AI fuels cybersecurity urgency
The beat comes on lowered expectations, after the company gave disappointing guidance in February that fell short of analyst estimates.
Microsoft unveils new AI models to lessen reliance on OpenAI and lower costs for developers
At its Build developer conference, Microsoft announced a series of generative AI models to try and crack a market controlled by OpenAI, Anthropic and Google.
