By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
ASX 200 Flat as WiseTech Surges 8% on New Chair Appointment
The ASX 200 barely moved as gold and mining losses canceled out gains in banks and tech. WiseTech Global surged 8.1% after appointing Raelen
Gold Dips to $4,148.59 as Traders Await Fed Minutes for Policy Clues
Gold prices edged lower to $4,148.59 an ounce as traders paused ahead of the Federal Reserve's meeting minutes release. The document, coveri
Rivian Raises $1.5 Billion in Stock Sale to Fund Georgia Plant and R2 SUV
Rivian is selling 75 million new shares to raise about $1.5 billion, using a recent stock rally to fund equity contributions needed for a De
New Zealand Probes Supermarket Rebates That May Cost Suppliers NZ$6 Billion a Year
New Zealand's competition watchdog is scrutinizing the rebates and service fees that major supermarkets charge suppliers. The probe covers m
Samsung Expects 19-Fold Profit Surge as AI Demand Drives Memory Chip Prices Higher
Samsung Electronics expects its April–June operating profit to surge about 19-fold from a year ago. The jump is fueled by rising prices for
Coursera Begins Job Cuts After Udemy Merger, Expects Up to $11 Million in Severance Costs
Coursera is cutting jobs after completing its Udemy merger on May 11. The company expects $8-11 million in severance charges, with some role
TSX Dips 0.2% as Energy, Health-Care Slump Offset by BoC Survey Signals
The S&P/TSX Composite Index edged down 0.2% as energy and health-care stocks dragged. The Bank of Canada's latest surveys revealed cooling b
Healthcare Stocks Dip as HSBC Downgrades Pfizer; Novartis Strikes $1.5B Biotech Deal
The NYSE Healthcare Index dropped 1.2% as HSBC cut Pfizer to hold, dragging mega-cap pharma lower. Meanwhile, Novartis announced a $1.5 bill
Blue Owl Capital Shares Jump 5.4% After Fund Buys Minority Stake in Cleveland Cavaliers
Blue Owl Capital shares jumped 5.4% after its HomeCourt Partners fund bought a minority stake in the NBA's Cleveland Cavaliers. Owner Dan Gi
Rogers Pays C$4.35 Billion for Full Control of Maple Leaf Sports & Entertainment
Rogers Communications is acquiring the final 25% of Maple Leaf Sports & Entertainment for C$4.35 billion. The deal gives the telecom full co
SpaceX Joins Nasdaq 100 After Record IPO, Forcing $4.9B in ETF Buying
SpaceX has been added to the Nasdaq 100 just 15 trading days after its massive IPO, forcing ETFs tracking the index to buy up to $4.9 billio
Chip Stocks Power Nasdaq Higher as Dow Slips; AMD Surges on Goldman Upgrade
Chip stocks drove the Nasdaq up 1.3% and the S&P 500 up 0.7% on Tuesday, while the Dow slipped 0.1%. AMD surged 8.6% after Goldman Sachs rai