Asian equities rose on Wednesday, tracking Wall Street overnight gains f ollowing remarks from U.S. President Donald Trump regarding a pause in military operations and progress toward a "final agreement" with Tehran. Technology shares were the main driver of regional gains. Gold prices climbed above $4,600 an ounce. WTI crude futures dropped to about $100 per barrel, declining for the second strai...
Asian equities rose on Wednesday, tracking Wall Street overnight gains f ollowing remarks from U.S. President Donald Trump regarding a pause in military operations and progress toward a "final agreement" with Tehran. Technology shares were the main driver of regional gains. Gold prices climbed above $4,600 an ounce. WTI crude futures dropped to about $100 per barrel, declining for the second straight session. The benchmark KOSPI soared more than 5% to around 7,300, extending its record-setting run. South Korea’s annual inflation rate climbed to 2.6% in April 2026, matching market forecasts and accelerating from 2.2% in the previous month. Japan's ( NKY:IND ) market closed. The Japanese yen rose toward 157.5 per dollar, snapping a three-day losing streak. China's ( SHCOMP ) rose 1.18%, and the offshore yuan traded around 6.81 per dollar, approaching its strongest level since March 2023. On the domestic front, a private survey showed that the RatingDog China General Services PMI increased to 52.6 in April 2026 from March’s three-month low of 52.1, surpassing market forecasts of 52. Hong Kong ( HSI ) rose 0.91% to 26,085 as investors tracked gains in global equities. The S&P Global Hong Kong SAR PMI fell to 48.6 in April 2026 from 49.3 in March, marking its lowest level since June 2025. India ( SENSEX ) rose 0.40%, rising about 0.4% to 77,314, recovering from prior losses as oil prices eased. The Indian rupee The HSBC India Services PMI was revised higher to 58.8 in April 2026 from the preliminary estimate of 57.9 and after March’s 13-month low of 57.5. India’s HSBC Composite PMI registered 58.2 in April 2026. Australia ( AS51 ) rose 1.10% to 8,740 in morning trade, snapping two sessions . The Australian dollar climbed to above $0.72, hitting a fresh four-year high after the Reserve Bank delivered a widely expected 25 bp hike to 4.35%. Australia’s Ai Group Industry Index for manufacturing edged up 0.7 points to -27.9 in April 2026. The Ai Group Industry Index for Austr...
Vestas Wind Systems A/S beat analysts estimates for profits in the first quarter of the year, reflecting increasing orders for wind turbines. The Danish turbine-maker sees the margin for full-year earnings before interest and taxes in the range of 6% to 8%, it said in a statement on Wednesday. The company’s order backlog reached a new high of €36.3 billion ($42.6 billion) through strong offshore o...
Vestas Wind Systems A/S beat analysts estimates for profits in the first quarter of the year, reflecting increasing orders for wind turbines. The Danish turbine-maker sees the margin for full-year earnings before interest and taxes in the range of 6% to 8%, it said in a statement on Wednesday. The company’s order backlog reached a new high of €36.3 billion ($42.6 billion) through strong offshore orders in the UK and good onshore momentum more broadly. The move reflects growing confidence in the company as the broader wind industry turns the page from steep losses in recent years after costs of steel and other key materials soared and it grappled with delays due to supply chain disruptions. It also signals growing demand for wind power as governments prioritize energy security and homegrown sources of energy following the war in the Middle East. “The current geopolitical uncertainty and energy crisis underline the need for affordable, secure, and sustainable energy,” Chief Executive Officer Henrik Andersen said in the statement. Vestas shares have jumped more than 10% this year after the company announced a slew of new orders for onshore wind turbines. The company saw strong orders from the UK, Germany and South Korea, taking the overall intake to 4.5 gigawatts, the company said. The company’s pipeline of development projects amounted to 26.9 gigawatts, with Asia Pacific taking the lead, following by the Americas and EMEA, the company said. Australia and the USA are the company’s largest project pipelines. President Donald Trump has been trying to thwart offshore wind development and while onshore wind has largely stayed out of his focus, the New York Times reported that 150 projects have also been delayed while being reviewed by the administration. Vestas also announced plans to return $100 million more in cash to investors after posting the positive outlook for the year. That’s the third quarterly buyback in a row. The company posted €127 million in earnings before...
Shares of Sandisk (NASDAQ: SNDK) have soared by 429% in 2026 already, fueled by the incredible demand for NAND flash storage chips from artificial intelligence (AI) data centers and edge devices capable of running AI workloads. The high-flying tech stock got another shot in the arm following the release of fiscal 2026 third-quarter results (for the three months ended April 3) on April 30. Sandisk ...
Shares of Sandisk (NASDAQ: SNDK) have soared by 429% in 2026 already, fueled by the incredible demand for NAND flash storage chips from artificial intelligence (AI) data centers and edge devices capable of running AI workloads. The high-flying tech stock got another shot in the arm following the release of fiscal 2026 third-quarter results (for the three months ended April 3) on April 30. Sandisk stock jumped 8% as it comfortably crushed Wall Street's expectations and delivered better-than-expected guidance. Even better, there is ample evidence suggesting that the red-hot growth that Sandisk has been enjoying isn't going to go away anytime soon. In fact, there is a good chance Sandisk stock will touch $4,000 in the next year, making it one of the top stocks to buy and hold right now . Let's see why that may be the case. Continue reading
(RTTNews) - Fresenius (FRE.DE) reported first quarter net income attributable to shareholders of Fresenius SE & Co. KGaA of 435 million euros compared to 229 million euros, last year. Earnings per ordinary share was 0.77 euros compared to 0.41 euros. Group EBIT before special ite
(RTTNews) - Fresenius (FRE.DE) reported first quarter net income attributable to shareholders of Fresenius SE & Co. KGaA of 435 million euros compared to 229 million euros, last year. Earnings per ordinary share was 0.77 euros compared to 0.41 euros. Group EBIT before special ite
HelloFresh SE ’s earnings beat expectations as it begins to reap the benefits of its strategy of prioritizing customer loyalty over volumes. First-quarter adjusted earnings before interest, taxes, depreciation and amortization reached €23.6 million ($27.7 million), ahead of estimates of €21 million. Average order value grew 4.2% at constant currency, while the revenue decline was not as severe as ...
HelloFresh SE ’s earnings beat expectations as it begins to reap the benefits of its strategy of prioritizing customer loyalty over volumes. First-quarter adjusted earnings before interest, taxes, depreciation and amortization reached €23.6 million ($27.7 million), ahead of estimates of €21 million. Average order value grew 4.2% at constant currency, while the revenue decline was not as severe as analysts expected. The meal-kit delivery company had announced a €300 million efficiency program last year, aimed at improving long-term customer retention by streamlining operations and investing in product innovation. HelloFresh said it’s pursuing a “more profitable, high-quality subscriber base,” which resulted in a dip in marketing expenses and a corresponding drop in volumes. There is still a long way to go for HelloFresh to return to growth. First-quarter revenue was hit by severe winter storms that drove up customer refunds and fulfillment costs, and the company still expects sales to drop as much as 6% at constant exchange rates this year. HelloFresh’s ambitions to lift sales above €8 billion beyond 2027 “ lack credibility ,” Bloomberg Intelligence analysts Charles Allen and Diana Gomes said prior to the earnings release, as the company faces “demand still eroding rather than stabilizing.”