By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
AI Revenue Hits $25B, Topping Depreciation Costs for Second Straight Quarter
Global AI revenue hit $25 billion in Q1 2026, surpassing depreciation costs for the second consecutive quarter. While this suggests the AI b
Pacific Ridge Raises C$4.5M to Fund Kliyul Drilling, Warrants Set at C$0.30
Pacific Ridge Exploration raised C$4.5 million in the first tranche of a private placement to fund drilling at its Kliyul project. The deal
Dollar Pauses as Oil Slide and Steady Inflation Cool Rate-Hike Bets, But Yen Intervention Risk Lingers
The US dollar took a breather after a strong run as lower oil prices and in-line inflation data cooled expectations for further Fed rate hik
TD SYNNEX's Hyve Unit Drives Blowout Quarter, Plans 50% Capacity Boost
TD SYNNEX's Hyve unit is gaining ground in the custom server market, leading to a strong fiscal Q2. The company plans to expand manufacturin
Morgan Stanley: Falling Energy Prices Could Keep Fed on Hold All Year
Morgan Stanley believes the Federal Reserve will hold interest rates steady through year-end as falling energy prices cool inflation. The ba
Mercedes-Benz Asks Staff to Work More for Same Pay in Cost-Cutting Drive
Mercedes-Benz is pushing for longer working hours without a pay increase and postponing a special July payment until 2027. The move aims to
Treasury Yields Dip as Oil Eases and Fed Rate Hike Odds Shift Ahead of Jobs Data
Short-term US Treasury yields fell as oil prices cooled and traders adjusted expectations for Federal Reserve rate hikes. The 2-year yield s
Safran in Talks to Buy Exail Technologies for €128.5/Share, Sending Stock Up 20%
Safran is in exclusive talks to buy French sea-drone maker Exail Technologies for €128.5 a share, sending Exail's stock up about 20%. The de
Tech Stocks Lead Premarket Slide as US Trade Deficit Widens Sharply
US stock futures fell Wednesday, led by tech, after the Census Bureau reported the goods trade deficit jumped to $105.76 billion in May. The
Copper Rebounds on Weaker Dollar and Falling Inventories, But Weekly Loss Looms
Copper bounced on Friday as a weaker dollar and falling LME and Shanghai inventories supported prices. However, a broader risk-off mood from
Bernstein Warns H&M's Easy Margin Gains Are Fading as Demand Stays Soft
Bernstein warns that H&M's recent margin improvements from supply chain fixes are largely behind it. With demand still soft in key markets l
US Government Seeks Veto Power Over Early Access to OpenAI's GPT 5.6
The US government wants to screen who gets early access to OpenAI's next AI model, GPT 5.6, and slow the rollout. Officials from the White H