By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Taiko Critical Minerals Raises NZ$7M Bridge Funding for Barrytown Project
Taiko Critical Minerals has raised NZ$7 million from wholesale investors at NZ$0.25 per share. The miner is also offering eligible New Zeala
ResMed Sells MatrixCare for $490M to Sharpen Focus on Sleep and Home Care
ResMed is selling its MatrixCare healthcare software unit to private equity firm Frazier Healthcare Partners for $490 million in cash. The d
First Majestic Silver Sells San Martin Mine for $90 Million in Deferred Deal
First Majestic Silver has agreed to sell its San Martin silver mine in Mexico for $90 million in cash. Most of the payment is deferred until
Oil Rally Lifts TSX 0.2% as Energy Surge Offsets Global Chip Selloff
Canada's TSX Composite edged up 0.2% as a 3% surge in energy stocks, fueled by crude oil settling at $70.44, offset weakness from a global s
Healthcare Stocks Rally as Vertex's $10B Crinetics Deal Resets Biotech Buyout Math
Healthcare stocks climbed Tuesday as Vertex sealed a $10 billion deal for Crinetics, lifting biotech ETFs. Eli Lilly and Vera Therapeutics a
Truist Faces Murkier Outlook as New CEO Takes Over, UBS Downgrades
UBS cut its rating on Truist Financial to neutral, pointing to leadership turnover risk and an uncertain interest-rate path. The downgrade c
O'Reilly's Potential NAPA Deal: $16B Boost but Regulatory and International Hurdles
Truist analysts suggest O'Reilly Automotive could acquire Genuine Parts' NAPA auto-parts business, adding $16 billion in sales. However, FTC
Perplexity Backs Nvidia's Vera CPU, Pushing Into Intel-AMD Server Stronghold
AI search startup Perplexity plans to use Nvidia's new Vera CPU, which it says ran AI agent coding tasks about 1.5 times faster than traditi
Chip Stocks Slide on Synopsys Pivot; Meta Rises Despite $1.4 Trillion Legal Threat
Big Tech had a split-screen Tuesday: chip stocks slid after Synopsys reworked its product focus, while Meta's shares ticked up even as it fa
Redbook Sales Jump 11.5% as Summer Heat and Holiday Deals Drive Shoppers Indoors
US same-store sales jumped 11.5% year-on-year in the week ended July 4th, driven by Independence Day deals and a heat wave that kept shopper
Samsung Profit Soars 19-Fold, Yet Stock Drops 7% on AI Hype Fatigue
Samsung's second-quarter profit skyrocketed 19 times higher than last year, driven by AI chip demand. Despite beating expectations, investor
SpaceX Launch Dominance Is the Engine, but Starlink Hype May Be Overdone, Says MoffettNathanson
MoffettNathanson argues SpaceX's near-dominant launch business is the flywheel enabling future growth, but warns Starlink and other ventures