By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
SkinKandy's Store Expansion Plan Drives Jarden's 17% EPS Growth Forecast
Investment bank Jarden has started covering SkinKandy, forecasting 17% annual earnings per share growth from FY2027 to FY2030. The broker se
KOSPI Jumps 4.6% in Relief Rally, but AI Doubts and Weak Won Keep Investors on Edge
South Korea's KOSPI jumped 4.62% on Friday as chip giants Samsung and SK Hynix rallied, but the index still ended the week down 6.1%. Foreig
Rural Funds Group Sells AU$255.6M in Assets to Cut Debt, Keep Earnings Steady
Rural Funds Group is selling AU$255.6 million in assets, including cattle properties and water rights, at a 23% premium to book value. The m
Yen Hovers Near 40-Year Low as Traders Await Possible Intervention
Japan's yen is hovering near a 40-year low against the dollar, with $1 buying about 162 yen. The slide is driven by higher US interest rates
OpenAI Executive Fidji Simo Steps Back as Company Pushes Super-App and IPO Plans
OpenAI executive Fidji Simo is stepping back from her full-time role after a medical leave, moving to a part-time advisory position. The shi
Goldman Sachs and Morgan Stanley Tighten Rules on Employee Prediction Market Trading
Goldman Sachs is limiting staff from trading event-based contracts that could create conflicts, while Morgan Stanley has added guidance with
Golconda Gold Holds Output Steady as Summit Mine Delivers First Ore
Golconda Gold kept production steady at its Galaxy mine in Q2, producing 3,648 ounces. The company also delivered first ore at its Summit mi
Chip Stocks Surge on Nvidia Supply Hopes and SK Hynix Listing, Lifting Wall Street
Wall Street climbed as chip stocks rallied on Nvidia supply speculation and SK Hynix's successful US listing. The Nasdaq rose 1.3% and the P
Micron's $250 Billion US Investment Plan Sparks Chip Stock Rally
Chip stocks surged Thursday after Micron unveiled a massive $250 billion US manufacturing investment plan through 2035. The PHLX Semiconduct
Deutsche Bank: McDonald's US Sales May Have Bottomed in Q2
Deutsche Bank expects McDonald's US same-store sales to have bottomed in Q2, after energy costs and softer dining spending squeezed low-inco
Treasury Yields Slide as Strong 30-Year Auction Lures Buyers Amid Iran Tensions
US Treasuries found buyers Thursday after a sharp yield spike earlier this week. A strong $22 billion 30-year auction pulled yields lower, e
PrismML Shrinks 27B-Parameter AI Model to Fit on iPhone, Apple Takes Notice
PrismML says it compressed Alibaba's open-source Qwen 3.6 AI model to under 4GB, small enough to run on an iPhone. Apple has met with the st