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China confirms it will buy 200 Boeing jets after Trump-Xi summit

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China confirms it will buy 200 Boeing jets after Trump-Xi summit

The two sides will also work towards an extension to the tariffs truce they agreed in October, China’s Commerce Ministry said.

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Earnings-Fueled Stock Rally Faces Key Test

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Earnings-Fueled Stock Rally Faces Key Test

Blockbuster earnings helped carry stocks to new highs in recent weeks. Now, reports from major retailers and the world’s most-valuable company pose a fresh test. 

Nvidia NVDA -0.77%decrease; red down pointing triangle, the chip maker whose staggering size has given it an outsize impact on the direction of the stock market, fell 1.3% on Monday, ahead of Wednesday’s quarterly results. Tech stocks dragged on major indexes Monday, with the Nasdaq composite losing 0.5%. 

Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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MYR Group: Hidden Backlog Arbitrage And The Impending Labor Trap (NASDAQ:MYRG)

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MYR Group: Hidden Backlog Arbitrage And The Impending Labor Trap (NASDAQ:MYRG)

This article was written by

A trader, researcher, and analyst possessing experience spanning years in the domains of US stocks, transnational equities, global indexes, commodities, FX/interest securities, cryptocurrencies, ETFs, options, futures, and CFDs. My expertise encompasses fundamental analysis, technical analysis, quantitative analysis, portfolio management, investment/capital mapping, and programming.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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JBBB: The Yield Is Real, But So Is The CLO Risk

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JBBB: The Yield Is Real, But So Is The CLO Risk

JBBB: The Yield Is Real, But So Is The CLO Risk

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China-U.S. Agriculture Pact Could Miss the Target, Just Like Last Time

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China-U.S. Agriculture Pact Could Miss the Target, Just Like Last Time

China’s new pledge to buy more American farm products helped send soybean, corn, and wheat prices sharply higher Monday, reviving hopes that U.S. agriculture exports could rebound after collapsing in 2025. But investors may want to temper their excitement.

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Exposure Across Pharma, Defense and Infrastructure

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Tesla's robotaxi launch in Texas comes as Elon Musk focuses on his business ventures following his stint in Washington

LONDON — Several FTSE 100 companies have gained attention in 2026 for their exposure to artificial intelligence applications, ranging from drug discovery to infrastructure support and data analytics, even as the index itself has limited direct pure-play AI representation.

AstraZeneca stands out for its integration of AI into pharmaceutical research. The company acquired Boston-based Modella AI in early 2026 to support oncology research with AI agents. It also partnered on AI-driven platforms for weight-loss drug development. AstraZeneca, one of the largest companies in the index by market capitalization, has used AI to accelerate aspects of its pipeline.

Rolls-Royce Holdings benefits from AI through its work on infrastructure and advanced engineering. The company supports data center and energy needs tied to AI computing demands. Its aerospace and power systems divisions have seen interest linked to broader AI ecosystem requirements. Rolls-Royce shares have performed strongly in 2026 amid industrial recovery.

BAE Systems provides defense technology with growing AI applications in systems and analytics. The company has seen gains in 2026 as one of the top FTSE 100 performers, partly tied to demand for advanced capabilities that incorporate AI elements in security and military contexts.

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Rio Tinto supplies critical materials such as copper and aluminum essential for AI infrastructure, including data centers and power networks. As a leading mining company, its output supports the physical buildout of AI-related facilities. The firm has been highlighted for its role in the AI supply chain.

Halma specializes in safety, environmental and analytical technologies, including components relevant to AI-driven systems and facilities. The company provides sensors, photonics and related tools that support data center operations and industrial AI applications.

These five companies illustrate how FTSE 100 firms participate in the AI theme indirectly. The index overall has lower direct exposure compared to U.S. benchmarks, with gains often driven by commodity, defense and healthcare sectors that intersect with AI growth.

AstraZeneca’s market capitalization exceeded £220 billion earlier in 2026. The company continues clinical development while incorporating AI tools for research efficiency. Its oncology and respiratory pipelines have drawn analyst focus alongside AI initiatives.

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Rolls-Royce reported strong results in 2026, contributing to FTSE 100 advances. Its civil aerospace and power systems segments align with rising energy demands from AI training and inference. The company has emphasized long-term contracts and operational improvements.

BAE Systems ranked among the strongest FTSE 100 performers in early 2026, with shares rising significantly year to date. Defense spending trends and technology integration have supported its position. The firm delivers systems across air, land and sea domains with increasing digital and AI-adjacent features.

Rio Tinto operates large-scale mining assets worldwide, producing metals vital for electrification and computing hardware. Copper demand has been linked to data center expansion. The company maintains operations in iron ore, aluminum and other commodities.

Halma’s portfolio includes businesses in safety sensors and photonics, areas that support high-tech facilities. The firm has a track record of consistent growth through acquisitions and organic expansion in specialized markets.

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Other FTSE 100 names with noted AI ties include London Stock Exchange Group (LSEG) and RELX. LSEG provides financial data and analytics platforms that incorporate AI tools. RELX, through its information and analytics businesses, has applied AI across legal, scientific and risk sectors. Fund managers have described these as potential beneficiaries despite earlier concerns over disruption.

The FTSE 100 reached record levels in 2026, supported by diversified sectors amid global AI enthusiasm. The index gained nearly 22 percent in 2025 and continued upward momentum into the new year, partly reflecting indirect AI tailwinds through commodities and industrials.

Investors access these stocks via the London Stock Exchange. Share prices fluctuate with company results, commodity cycles, defense budgets and pharmaceutical pipelines. Dividend yields vary, with many FTSE 100 constituents offering payouts alongside growth exposure.

AstraZeneca trades under ticker AZN on the LSE. Rolls-Royce uses RR., BAE Systems BA., Rio Tinto RIO and Halma HLMA. Official company reports and regulatory filings provide performance data.

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Broader market context includes global AI spending by technology firms. FTSE 100 companies position themselves through supply chains, applications and enabling technologies rather than core chip or model development.

Analysts monitor quarterly results for updates on AI-related progress. AstraZeneca’s acquisitions and partnerships have featured in earnings commentary. Rolls-Royce and BAE have highlighted order books and technology investments.

Mining firms like Rio Tinto report on production volumes and market demand tied to technology infrastructure. Halma updates on sector-specific growth in safety and analytics.

The London Stock Exchange Group has faced questions over AI impacts on data services but reported resilient performance. Its platforms support trading and analytics that increasingly use AI enhancements.

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FTSE 100 constituents collectively offer diversified exposure. While U.S. indices feature prominent AI leaders, the UK benchmark provides access to supporting industries and established multinationals.

Trading volumes and analyst coverage remain active for these names. Institutional investors track AI themes across sectors. Retail access occurs through standard brokerage accounts or index funds with FTSE 100 weighting.

As of May 2026, these stocks reflect ongoing developments in their respective fields. Company disclosures detail specific AI initiatives where applicable. Investors review latest financial statements and presentations for detailed exposure.

The FTSE 100’s composition favors established industries with AI adjacency. This structure has contributed to relative stability compared to more concentrated technology indices.

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Further information is available through company websites, LSE announcements and regulatory bodies. Market data providers track performance metrics including price, volume and dividends.

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The power of Taylor Swift and Eurovision: Liverpool shows culture and creativity are vital for regeneration and growth

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Liverpool showcase at regeneration festival UKREiiiF in Leeds

Loreen performs on stage after winning The Eurovision Song Contest 2023

Loreen performs on stage after winning The Eurovision Song Contest 2023 in Liverpool(Image: Getty Images)

Liverpool leaders at regeneration showcase UKREiiF say the city’s success shows that culture can drive regeneration – but only if cultural leaders are brought on board at the very start and not treated as afterthoughts.

The North West was represented in force at UKREiiF this year, with Manchester again taking on the landmark Canary building on Leeds Dock alongside Opportunity London, while Cumbria ran a prominent pavilion close to one of the event’s main entrances.

At the Liverpool pavilion meanwhile, guests and delegates including metro mayor Steve Rotheram talked investment and regeneration over americanos and lattes from Liverpool’s own bean coffee. Most delegations at UKREiiF had their own pin badges, including a Welsh dragon for Wales – Liverpool, of course, had mini golden Liver Bird badges.

Just before lunchtime, the pavilion hosted a discussion on “place-based” regeneration – how culture can help drive economic growth.

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Patrick Nolan became chair of the new Imagine Liverpool regeneration board last year ahead of UKREiiF 20205. Mr Nolan, former vice chairman, HSBC Global Banking & Markets, began the event talking about two great examples of regeneration and culture coming together in Liverpool..

One, he said, was Everton’s new stadium on the Liverpool waterfront. “I’m a Red,” he said, “but I have to admit the new Hill Dickinson Stadium is just a terrific development.” He added that “It needed someone to take that move and build something really impressive” on that stretch of waterfront, and said the development would have an uplifting effect on North Liverpool and the area around.

He also said he was excited about the plans for a film and television production hub at the former Littlewoods complex in Edge Lane. The project has been long delayed, but Mr Nolan said: “We are in advanced stages on getting the finances for that”.

A CGI of how the Littlewoods project could look when it is completed

How the planned transformation of the Littlewoods building in Liverpool could look when it is completed(Image: Capital&Centric)

Kate Honey, director of social impact at Liverpool ONE owner Landsec, said her business aimed to think about cultural offerings whenever it built or took on a development. She said Landsec was already thinking about how it could work with Tate Liverpool when it reopens “to create a destination around arts and culture” at Liverpool One for visitors coming to and from the Albert Dock gallery.

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Later the panel discussed the Taylor Town art installation, where an art trail was created across Liverpool ONE and the Albert Dock for the thousand of fans who came to the city for the pop superstar’s Eras concerts. That was led by social enterprise Make CIC, which was commissioned by Culture Liverpool and in turn worked with local artists and makers.

Taylor Swift performing on stage at Anfield

Taylor Swift performing on stage at Anfield in 2024(Image: Gareth Cattermole/TAS24/Getty Images for TAS Rights Management)

Laura Dyer, deputy chief executive for places, engagement and libraries at Arts Council England, said she would encourage developers to engage with their local cultural venues and organisations, adding: “I’d reflect on the way culture can also help regenerate communities and generate that sense of place and belonging.”

Mr Nolan later talked about the power of the Liverpool brand, and how the city region had to use it to encourage investment. The city region, he said, attracted many tourists and short-term visitors but “we need to make it a place where occupiers and investors want to come and build their careers and build their lives”.

Crowds at the Pier Head in Liverpool on Eurovision Song Contest Final day in 2023

Crowds at the Pier Head in Liverpool on Eurovision Song Contest Final day in 2023(Image: Colin Lane/Liverpool Echo)

He said Liverpool’s brand remained strong globally, saying that as he travelled around the world at HSBC “people never had a bad word to say about Liverpool”. But in the UK, there is still work to do.

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“Down south it’s not quite as rosy as that,” he said. “We still have quite a few people with prejudiced historical views of the city. We’re changing that.”

He said the Imagine Liverpool board had been working with international investors and said: “What’s been critical is getting the narrative of Liverpool right.”

That, he said, means talking about the wide range of Liverpool success stories, from traditional industries such as automotive right through to modern growing sectors such as gaming. He said: “We can’t be all things to all people… we have to focus on what we do best.”

Ms Dyer from the Arts Council later spoke about how best to embed culture in regeneration schemes. She said the key for developers was to get cultural organisations in early, and not just to bring them in as a token gesture late in the process.

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Patrick Nolan, chair of the Imagine Liverpool board, speaking, with Isabel Hunt – Executive Director, The National Lottery Heritage Fund, pictured at the  UK Real Estate Investment & Infrastructure Forum (UKREiiF) in Leeds.

Patrick Nolan, chair of the Imagine Liverpool board, speaking, with Isabel Hunt – Executive Director, The National Lottery Heritage Fund, pictured at the UK Real Estate Investment & Infrastructure Forum (UKREiiF) in Leeds(Image: Reach plc)

She said: “The best impact we see is when culture is at the table in those conversations from the very beginning.”

She said Liverpool had seen some very effective examples of co-operation between the public, private and cultural sectors, saying “ You see culture baked in.” The huge success of the city’s Eurovision hosting in 2023 was a prime example of that.

Ms Honey from Landsec later said community and cultural engagement was vital for all regeneration schemes. She said: “If you get it right you’re creating a place that ultimately drives economic value.”

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Mankind, other pharma stocks rally up to 7%; Nifty Pharma scales fresh peak. What lies ahead?

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Mankind, other pharma stocks rally up to 7%; Nifty Pharma scales fresh peak. What lies ahead?
Shares of pharma companies rallied up to 7% on Wednesday as strong earnings, a weakening rupee, and other supportive factors lifted investor sentiment, even as benchmark indices Sensex and Nifty traded in the red.

After opening lower, the Nifty Pharma index reversed losses and climbed nearly 1% to cross the 25,000 mark. The sectoral index also touched a fresh 52-week high of 25,043 during early trade before trimming some gains.

The Indian currency fell to 96.96 per dollar, breaching its all-time ‌low of 96.6150 ⁠hit ⁠in the previous session. The currency is down 6% since the Iran war began in late February. A falling rupee is typically considered a positive for the export-heavy pharma sector.

Top pharma gainers today

Zydus Lifesciences shares were the top gainers on the index, jumping over 7% to hit a fresh 52-week high of Rs 1,091 apiece on NSE after the pharma company reported a 9% year-on-year (YoY) rise in consolidated net profit to Rs 1,272.5 crore for the January-March quarter of FY26. Revenue from operations, meanwhile, rose more than 16% YoY to Rs 7,587 crore during the quarter under review.Along with the Q4 results, Zydus Lifesciences announced its biggest-ever share buyback worth Rs 1,100 crore via the tender route at a buyback price of Rs 1,150 per share, offering nearly a 13% premium over the stock’s previous closing price. Its board has also recommended a final dividend of Re 1 per share (100%) on a face value of Re 1 each, subject to shareholders’ approval at the company’s Annual General Meeting scheduled for August 11.

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Mankind Pharma shares followed, surging over 3%. This comes after the company reported a 32% YoY rise in consolidated net profit to Rs 554 crore for the fourth quarter of the financial year 2026, from Rs 421 crore in the corresponding quarter of the previous financial year. The firm’s revenue from operations rose 12% YoY to Rs 3,443 crore during the quarter under review.
Laurus Labs, Aurobindo Pharma, and Biocon shares gained around 1% each, while those of Lupin, Sun Pharma, Cipla, Torrent Pharma, and Divi’s Laboratories were trading in the green with marginal gains, as seen at 11 am. Bucking the trend, however, Ajanta Pharma, Piramal Pharma, Gland Pharma, Dr Reddy’s Labs, Abbot India, Glenmark, Alkem Labs, and IPCA Labs shares fell up to 1%.

What lies ahead?

Nifty Pharma’s technical structure remains constructive after the index touched a fresh 52-week high today, according to Harshal Dasani, Business Head at INVasset PMS, who said that this is significant as it has come at a time when the broader market is still dealing with global risk-off pressure, currency weakness, and uneven earnings delivery. The relative strength in pharma counters suggests capital is rotating into sectors with better earnings visibility, not merely chasing momentum, he added.“The index has been forming a clear higher-high, higher-low pattern, and the latest breakout keeps the medium-term trend in favour of buyers as long as it holds above the recent breakout zone. The immediate support now sits around 24,700 to 24,800, while a stronger cushion is visible near 24,400. A close below that band would weaken the breakout and indicate profit-booking rather than trend continuation,” according to Dasani.

The risk-reward remains favourable, but the entry point is no longer fresh after a sharp move, the analyst said. “The cleaner setup would come on controlled pullbacks rather than vertical rallies. The key confirmation from here is breadth. If participation remains broad across large pharma, domestic formulations and speciality businesses, the breakout could extend. If leadership narrows, the index may pause before attempting the next leg,” he added.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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Shares drop as rising inflation sparks broad sell-off

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Shares drop as rising inflation sparks broad sell-off

Australia’s share market is trading at seven-week lows, with all but one local sector in the red after a bond sell-off articulated investor fears for global economic growth.

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Small & midcaps tumble! Hindustan Copper, Devyani, PI Industries, other stocks fall up to 7%

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Small & midcaps tumble! Hindustan Copper, Devyani, PI Industries, other stocks fall up to 7%
The shares of several smallcap and midcap companies tumbled in trade on Wednesday, as broader markets lost steam and plunged along with the benchmark indices Sensex and Nifty, after the rupee crashed to a fresh all-time low, bond yields scaled multi-year highs, and other factors dampened investor sentiment.

The Nifty Midcap 100 and Nifty Smallcap 100 indices sharply declined around 1% each after markets opened on Wednesday. However, the benchmarks soon pared some losses, and broader markets followed. At 10.30 am, the Nifty Smallcap 100 index was down 0.8%, while the Nifty Midcap 100 index was down 0.5%.

Top midcap losers today

PI Industries shares were the top midcap losers on the index, tumbling nearly 7% after its Q4 results. Motilal Oswal highlighted that the company reported weak operating performance due to adverse operating leverage. While the company’s Rs 1,570 crore revenue was in line with estimates, the domestic brokerage noted that the firm’s EBITDA, margins, net profit and other metrics were lower than expectations.Adani Total Gas shares declined over 3%, while Rail Vikas Nigam (RVNL), Godfrey Phillips India, Coromandel International, Bharat Dynamics and AU Small Finance Bank shares dropped more than 2% each.

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NMDC, HUDCO, Godrej Properties, M&M Finance, SAIL, L&T Finance, Kalyan Jewellers, Patanjali Foods and Prestige Estates shares followed, falling nearly 2% each.

Top smallcap losers today

Hindustan Copper shares plunged nearly 4%, leading losses on the Nifty Smallcap 100 index as well as the Nifty Metal index. The shares of the company have tumbled by over 7% in one week.Cholamandalam Financial Holdings and Cohance Lifesciences shares have fallen more than 3% each, while those of Karur Vysya Bank, Devyani International and Jyoti CNC Automation fell nearly 3% each.

The shares of IDBI Bank, Inox Wind, Poonawalla Fincorp, Chambal Fertilisers & Chemicals, Pine Labs, Amber Enterprises India, Crompton Greaves Consumer Electricals, PG Electroplast, The Ramco Cements, Star Health and Allied Insurance Company and JM Financial followed, dropping more than 2% each.

What lies ahead?

The smallcaps and midcaps have been outperforming their largecap peers recently, although the streak broke today. Vinod Nair, Head of Research at Geojit Investments, had said that the recent outperformance was driven by renewed buying interest after a meaningful correction.

“While fourth-quarter earnings continue to underscore the resilience of domestic economic momentum, market focus is increasingly pivoting towards mounting inflationary pressures. Concerns over potential earnings downgrades for Q1FY27 are gaining traction, driven by higher-than-anticipated WPI readings, the gradual pass-through of elevated fuel prices, and persistently firm bond yields,” he added.

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(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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Indonesia’s Prabowo unveils ambitious growth and fiscal deficit targets, seeks ’magnificent prosperity’

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Indonesia’s Prabowo unveils ambitious growth and fiscal deficit targets, seeks ’magnificent prosperity’


Indonesia’s Prabowo unveils ambitious growth and fiscal deficit targets, seeks ’magnificent prosperity’

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