By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
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
RBC Boosts Tesla Target to $500, Citing Potential SpaceX Takeover Premium
RBC Capital Markets lifted its Tesla price target to $500, pointing to a hypothetical all-stock acquisition by SpaceX that could include a 2
SpaceX Joins Nasdaq-100, Triggering $4.3 Billion in Index Fund Buying
SpaceX joined the Nasdaq-100 on Tuesday, less than a month after its June 12 IPO. J.P. Morgan estimates index trackers must buy about $4.3 b
North American Auto Demand Defies Fuel Cost Squeeze, BMO Reports
June auto sales in Canada and the US beat forecasts, with BMO reporting 182,000 vehicles sold in Canada and a 16.7 million annual pace in th
Germany's DAX Falls 1.37% as Middle East Tensions Drive Oil Prices Higher
Germany's DAX fell 1.37% on Tuesday, even as industrial output rose 0.9% in May. Rising oil prices from Middle East tensions overshadowed th
Chip Stock Selloff Hits Latin American Markets as Fed Minutes Loom
Latin American markets fell Tuesday as a global selloff in chip stocks triggered a risk-off mood. Most regional currencies weakened against
HSBC Tightens Private Credit Lending, Signaling Caution on Riskier Funds
HSBC is tightening lending to certain private credit managers, cutting back on back-leverage financing for clients with weaker returns. The
Canadian Dollar Stuck Near C$1.42 as Rate Gap and Mixed Inflation Data Weigh
The Canadian dollar is stuck near C$1.42 per US dollar, with Société Générale saying it may not be cheap enough to rebound. The next big tes
BofA: Adobe's AI Monetization Still Below 2% of Recurring Revenue
Bank of America Securities has restarted coverage of Adobe with an underperform rating, citing that the company's generative AI upgrades hav
BofA Warns Tougher Q2 Scrutiny for Moderna, TG Therapeutics, Agios on Launch Execution
Bank of America Securities warns that Moderna, TG Therapeutics, and Agios Pharmaceuticals will face tougher questions in Q2 earnings about w
Ecolab's CoolIT Deal and Pricing Power Signal Strong Second Half
Ecolab's CoolIT acquisition opens the door to AI data center cooling, while RBC notes pricing surcharges are running ahead of commodity infl
ADNOC and Vertex Lead Busy M&A Day with $11 Billion in Deals
ADNOC Distribution agreed to buy Shell's South Africa downstream business for about $1 billion, and Vertex struck a roughly $10 billion deal