By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Stocks Edge Higher as Oil Prices Swing on Middle East Strikes
Stocks ticked up as oil prices swung after fresh Middle East strikes. The S&P 500 gained 0.41%, while Brent crude slipped back toward $77.54
Morgan Stanley Forecasts Record $6.4 Trillion Global M&A by 2026 as Deals Surge
Morgan Stanley says global M&A could reach a record $6.4 trillion in 2026 after Q2 deal announcements surged 64%. A friendlier US regulatory
Meta Opens Muse Spark AI to US Developers with Pay-As-You-Go Pricing
Meta has expanded access to its Muse Spark AI model, including the newer Muse Spark 1.1, for US developers through its Model API. The move i
Steel Partners Raises InMode Bid to $16.75, Calls for CEO Ouster
Steel Partners has increased its cash bid for InMode to $16.75 per share, topping a rival offer. The investment firm is also calling for the
Dry Bulk Shipping Rates Hit One-Month High as Capesize, Panamax, Supramax Strengthen
Dry bulk shipping rates hit a one-month high as the Baltic Exchange's main index climbed 1.4% to 2,910 on Thursday. Capesize, panamax, and s
Airbus June Deliveries Hit 89, Bank of America Raises 2026 Target to 870 Jets
Airbus handed over 89 jets in June, signaling easing production bottlenecks. Bank of America responded by raising its 2026 delivery forecast
Saudi Stocks Dip as Industrial Output Falls 18.7% in May, Oil Sector Drags
Saudi stocks edged lower as industrial output fell 18.7% year over year in May, led by a sharp decline in oil activities. Business confidenc
Rackspace Cuts 2026 Forecast, Teams with Palantir on AI for Regulated Industries
Rackspace Technology trimmed its 2026 revenue and profit guidance and announced an AI collaboration with Palantir. The cloud firm also secur
Morgan Stanley: Scorpio Tankers' Debt-Free Fleet Is a Safer Bet on Volatile Shipping Rates
Morgan Stanley has started covering Scorpio Tankers with an equal-weight rating and an $82 price target. The bank highlights the company's d
Gulf Stocks Dip as Tanker Traffic Halts in Strait of Hormuz Amid US-Iran Tensions
Tanker traffic through the Strait of Hormuz has essentially stopped, pushing Abu Dhabi and Dubai indexes slightly lower. The move reflects i
Commerzbank Workers Reject UniCredit's 'Hostile Creeping' Takeover Push
Commerzbank's works council has rejected UniCredit's takeover approach, calling it 'hostile creeping.' The pushback comes a day after UniCre
Dollar Edges Higher Ahead of Jobless Claims, Fed Speakers; Yen Bucks Trend
The US dollar strengthened against most major peers early Thursday as markets awaited jobless claims, existing home sales, and remarks from