By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Suncorp Adds AU$800M Aggregate Reinsurance Layer for FY 2027, Flags Higher Costs
Suncorp has secured its catastrophe reinsurance for FY 2027, keeping a AU$350 million retention but adding a new AU$800 million aggregate la
BHP Exchanges Arizona Copper Mine for 30% Stake in Faraday Copper
BHP is swapping its San Manuel copper asset in Arizona for a 30% fully diluted stake in Faraday Copper. The deal gives BHP offtake rights an
Kioxia Rides AI Shift to Inference as Demand for High-Capacity NAND Surges
Kioxia is back in the spotlight as AI shifts from training to inference, driving demand for high-capacity NAND flash storage. The company is
Crusoe in Talks to Raise $3 Billion for AI Data Centers, Valuation Could Hit $30 Billion
Crusoe, a startup building AI data centers, is reportedly in talks to raise $3 billion, potentially valuing it at $30 billion. The company a
Weak June Jobs Report Triggers Defensive Rotation, Nasdaq Falls 0.8%
A weaker-than-expected June jobs report sent the Nasdaq down 0.8% as investors rotated into defensive sectors. Healthcare, consumer staples,
O'Reilly Offers $10B+ for Genuine Parts' NAPA Auto Unit, Complicating Breakup Plan
O'Reilly Automotive has made an all-cash offer for Genuine Parts' automotive unit, home to the NAPA brand, potentially valuing the business
Tesla Drops 8% on Delivery Beat Without Future Outlook; Rivian Jumps 8.3% on Raised Forecast
Tesla slid 8% after Q2 deliveries topped expectations but lacked updates on key topics, while Rivian rallied 8.3% after raising its full-yea
Labrador Gold Pays C$100,000 and Issues Shares to Enter Yukon Gold Projects
Labrador Gold paid C$100,000 and issued 800,000 shares to start earning into two Yukon gold projects. Soil sampling is already underway, but
Gold Surges 2.2% as Weak Jobs Data Dents Fed Rate Hike Expectations
Gold prices surged 2.2% on Thursday after a disappointing US jobs report led traders to reduce expectations for a Federal Reserve rate hike
Nvidia Revenue-Sharing Plan and Microsoft's $2.5B AI Push Fail to Halt Tech Selloff
US tech and chip stocks fell sharply on Thursday, with the Philadelphia Semiconductor Index dropping 6.2%. Nvidia floated a new revenue-shar
Defensive ETFs Surge as Tech Tumbles on Weak US Jobs Data
A softer-than-expected US jobs report triggered a rotation from tech-heavy ETFs into defensive sectors. Healthcare and consumer staples fund
UBS Says Ferrari's Q2 Results Could Pave Way for 2026 Guidance Upgrade
UBS Securities predicts Ferrari's second-quarter results could lead to a 2026 guidance upgrade. The bank sees 6% sales growth fueled by high