By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Asian ADRs Surge 2.94% as Jiayin Group, 17 Education, and Honda Lead Broad Rally
Asian American depositary receipts (ADRs) surged 2.94% on Monday, with the S&P Asia 50 ADR Index reaching 2,931.62. Jiayin Group, 17 Educati
Broadcom-Apple Chip Deal Through 2031 Lifts Nasdaq as Earnings Season Looms
Broadcom's extended chip deal with Apple through 2031 sent its stock up 5.7% and lifted the Nasdaq. The move highlights narrow market leader
Three Infrastructure Giants Shortlisted for €1 Billion Italian Waste Firm EcoEridania
EcoEridania, an Italian medical and hazardous waste handler, has drawn final bids from three major infrastructure investors. The sale could
Micron Locks In Memory Chip Supply Deals With Ford, GM as Auto Demand Surges
Micron has inked long-term deals with Ford and GM to supply memory chips for next-gen vehicles. The pacts come as DRAM prices surge 70% sinc
Treasury Yields Fall as Weak Jobs Data Cools September Rate Hike Bets
A weaker-than-expected June jobs report pushed Treasury yields lower as traders reduced the probability of a September rate hike to 56%. The
Carlsberg and Sapporo Form Southeast Asia Joint Venture; Carlsberg to Control 75%
Carlsberg is forming a new joint venture with Sapporo in Southeast Asia, covering Vietnam, Laos, and Cambodia. Carlsberg will own 75% and ru
Splash Beverage Pivots to Pharma with 20-Year CannEpil Deal, Secures $6.5M Funding
Splash Beverage Group has signed a 20-year deal to commercialize CannEpil, a cannabinoid-based epilepsy drug, worldwide. The company secured
Chip Stocks Surge as Broadcom Inks Multi-Year Apple Deal, Ceva Lands AI License
Broadcom shares rose over 4% after signing multi-year custom silicon agreements with Apple. Ceva gained more than 6% on an AI licensing deal
Leonardo Deepens State Cloud Role as Italy Reshapes PSN Ownership
Leonardo is set to increase its stake in Polo Strategico Nazionale (PSN), Italy's government cloud, to 35%. The move comes as Poste Italiane
Tencent Sells $1.55B in Kuaishou Shares, Discount Signals Strategic Shift
Tencent Mobility is selling 273 million Kuaishou shares at a 3.2%-6.2% discount to raise up to $1.55 billion. The block sale is fully second
Broadcom and Apple Extend Custom Chip Deal Through 2031, Locking In Key Revenue Stream
Broadcom has extended its custom chip partnership with Apple through 2031, reinforcing a relationship that accounts for roughly 20% of Broad
Hedge Funds Post Strong June by Crowding Into Winning Trades, Goldman Says
Hedge funds that pick stocks based on company fundamentals returned 4% in June and 17.4% year to date, according to Goldman Sachs. The stron