The latest Market Talks covering Equities. Published exclusively on Dow Jones Newswires throughout the day.

0751 GMT - The euro is at risk of breaking below key support levels against the dollar if the stalemate between the U.S. and Iran continues, ING's Francesco Pesole says in a note. Investors have tended to buy the euro when it falls toward the $1.1580-$1.1590 area in recent days but that support could be broken, he says. The euro could potentially fall below $1.1500 before recovering, but intraday trading remains highly dependent on Iran war headlines, he says. The euro falls 0.1% to $1.1611 after reaching a one-week low of $1.1584 earlier, according to LSEG data. (renae.dyer@wsj.com)

0743 GMT - Kuaishou Technology's AI ambitions are helping offset a still-sluggish core business. HSBC analysts Charlene Liu and Ritchie Sun say in a note. The Chinese short-form video company's 1Q earnings beat was flattered by one-off investment and FX gains, while its core business continues to face pressure from tighter merchant compliance rules and weak consumer sentiment in China. Still, HSBC sharply raises 2026-2028 its AI revenue forecasts as Kling's monetization gains traction. The analysts trims overall 2027-2028 revenue forecasts by 1% and lowers earnings estimates by 1%-3% on a weaker revenue mix, but keeps a buy rating and HK$65.00 target price. Shares last trade at HK$44.62. (jason.chau@wsj.com)

0740 GMT - Computacenter's acquisition of U.S. IT solutions partner Government Acquisitions Inc. is a strategically sensible deal that is close to its core competencies, Jefferies analysts write. "As well as adding U.S. scale, the business broadens CCC's sector exposure to U.S. Federal, providing welcome diversification," they say. Shares move up 1.5% at 42.82 pounds. (ian.walker@wsj.com)

0733 GMT - Adyen should look for an external chief financial officer with experience running a public listed company, Jefferies analysts Hannes Leitner and Charles Brennan write. The new CFO also needs to set "achievable and beatable goals," they add. This could lead to a stronger steering of expectations going forward, they say. The Dutch payments company said late Wednesday that CFO Ethan Tandowsky was stepping down from Aug. 31 to pursue an external opportunity. It said a search would start to find his replacement. Shares are down 2.7% at 939.90 euros. (ian.walker@wsj.com)

0718 GMT - European blue-chip stock indexes edge lower as increasing pessimism around a U.S.-Iran peace deal weighs on market confidence. Technology stocks gain amid broader risk-off sentiment, with the Europe-wide Stoxx 600 slipping 0.5%. London's FTSE 100 slides 0.7% as miners and housebuilders fall. The French CAC 40 is 0.2% lower as luxuries slip after rallying in the last session. Cross-listed semiconductor company STMicroelectronics moves in the opposite direction, rallying 2.4% after falling Wednesday. Pharmaceuticals giant Bayer declines 2.1% in Frankfurt, helping to pull the DAX down 0.15%. Semiconductor company Infineon Technologies is a bright spot, rising 2.9%. Italian FTSE MIB is flat while Spain's IBEX 35 is 0.2% lower. The tech-heavy Dutch AEX is 0.3% lower as consumer-facing stocks slide, though BE Semiconductor rises 1.5%. (josephmichael.stonor@wsj.com)

0614 GMT - City Developments' coming strategic review could cause the stock to rerate higher, says DBS Group Research's Tabitha Foo in a note. Investors are likely to see a clearer roadmap for the Singapore property developer toward higher returns, she says. Key rerating catalysts include accelerated asset recycling moves and a pivot toward more capital-light, recurring income-driven earnings profile, she says. The analyst estimates around 7 billion Singapore dollars of assets could be sold or optimized to boost returns. A review update is expected around midyear, the company's chief executive said previously. DBS maintains its buy rating and target price of 12.00 Singapore dollars. Shares are up 1.9% at S$8.40. (megan.cheah@wsj.com)

0613 GMT - Nordic markets are seen opening lower with IG calling the OMXS30 down 0.4% at around 3144. Negotiations between the White House and Iran are progressing, but the U.S. isn't satisfied with Tehran's proposals, SEB's Karl Steiner writes in a note. There were overnight reports of new attacks from Iran and the U.S., he adds. Asian stock markets are mostly falling, while U.S. and European equity market futures indicate a negative open. A packed data agenda today includes Norwegian GDP and oil investments, Swedish consumer confidence, and U.S. consumer spending and GDP. OMXS30 closed at 3156.18, OMXN40 at 2708.90 and OBX at 1953.33. (dominic.chopping@wsj.com)

0608 GMT - AEM's strategic partnership with ASE, the world's largest outsourced semiconductor assembly and test provider, enables it to reach more customers globally, CEO Samer Kabbani says. While it's difficult and a lengthy process to win individual new customers, Kabbani thinks the fastest way is to go to the OSATs, which have close relationships with fabless chip makers. AEM can then work with ASE to customize test solutions for those hyperscaler clients, he says. ASE spent a year evaluating AEM's capability and subscribed to S$12 million in new AEM shares, securing an equity stake. (sherry.qin@wsj.com)

0607 GMT - AEM has no plan to divest its contract manufacturing business, CEI, says CEO Samer Kabbani. Although the AI chip-testing business is gaining momentum, CEI, which builds custom printed circuited boards that adapt to AI chips, has "great synergy" with the AEM's chip-testing arm, Kabbani tells the WSJ. CEI helps AEM retain capability in-house at the initial stage of deployment. And once the testing volume picks up, it can outsource PCB demand to contract manufacturers, he says. (sherry.qin@wsj.com)

0517 GMT - Markets continue to be stuck in a state of headline roulette, buffeted by the undulating probabilities of a near-term deal between the U.S. and Iran to re-open the Strait of Hormuz, ABN Amro analysts say in a note. "We have long sought to look through the noise of day-to-day headlines," they say. Rather than take a view on when a deal might be struck, ABN Amro analysts focus their base case on outcomes--when energy flows are likely to fully normalise in a way that brings prices down on a sustained basis, they say. (emese.bartha@wsj.com)

0513 GMT - Singapore real-estate investment trusts' performance continues to hinge on interest-rate movements, Macquarie Capital's Rachel Tan says in a note. The recent U.S. bond selloff and Singapore's higher benchmark interest rate have weighed on the city-state's property sector, she says. Tan notes that the sell-down of U.S. bonds has since moderated, allowing the Singapore benchmark rate to decline to 0.98% around May 22. She expects the rate to remain near 1% until year-end, which should bolster REITs with mostly Singapore assets. The REIT sector has likely priced in most interest-rate risks ahead of potential rate increases, but Tan recommends remaining defensive given the underlying uncertainty. Macquarie's top defensive picks are CapitaLand Integrated Commercial Trust and Parkway Life REIT. (megan.cheah@wsj.com)

0509 GMT - Miniso's 2H margins are likely to improve sequentially as overseas stores should see stronger sales from the peak season, say DBS Group Research's Clement Xu and Mavis Hui in a note. The U.S. market has been the Chinese lifestyle retailer's largest margin drag due to its directly operated store model, the analysts say. However, the operating margin for the U.S. segment has already started to recover and should continue to gain as benefits from its operations' scale materialize, they add. DBS cuts its Hong Kong share target price to HK$39.00 from HK$46.00 and trims its ADR target price to US$20.00 from US$24.00. Shares drop 2.2% to HK$23.82, while the ADRs last closed 3.8% lower at US$12.47. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

May 28, 2026 03:52 ET (07:52 GMT)

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