By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Germany's Warship U-Turn Sends Defense Stocks Diverging: Winners and Losers
Germany's decision to cancel a major warship contract sent defense stocks in opposite directions. Rheinmetall tumbled 19% while TKMS surged
Toyota Narrows US Sales Gap with GM as Hybrid Demand Surges on High Gas Prices
Toyota is closing the sales gap with General Motors in the US as high gas prices drive buyers toward hybrids. Cox Automotive data shows Toyo
Stocks Rally as Oil and Bond Yields Slide, Banking Sector Lags
US stocks climbed Wednesday as oil prices and Treasury yields slid, with Brent crude falling to about $74 a barrel and the 10-year yield dro
European Stocks Split as Oil Plunges 3.5% and Dutch Urge US to Ease Chip Export Curbs
European stocks ended split Wednesday as oil's slide dragged energy and mining shares lower, while chip stocks faced political pressure over
Funds Boost Bearish Bets on Euronext Wheat as Commercials Trim Longs
Funds and other speculators raised their net short position on Euronext milling wheat to 26,018 contracts in the week to June 19. Commercial
Singapore Unveils Eight-Point Plan to Make AI Central to Economic Growth
Singapore released an eight-point plan to build an AI-empowered economy, focusing on partnerships, growth capital, and regular policy update
World Cup Ad Windfall Set to Boost Fox's Quarterly Results, UBS Says
UBS expects Fox's fiscal Q4 advertising revenue to jump 31% year over year, fueled by World Cup ad dollars. The investment bank estimates th
Wendy's Stock Surges 28.5% as Retail Traders Trigger Volatility Halts
Wendy's stock surged 28.5% on Wednesday as retail traders piled into the heavily shorted shares, triggering multiple volatility halts. With
FedEx Core Delivery Margin Slips to 7.7% After Freight Spinoff, Adding Uncertainty
FedEx's core delivery margin slipped to 7.7% in Q4 after spinning off its high-margin Freight unit. A shift to calendar-year reporting adds
SpaceX Short Interest Jumps to 13% as Stock Slides 30% From Peak
Short interest in SpaceX has surged to 13% from 8% as the stock drops about 30% from its post-debut high. The setup could lead to volatile t
JPMorgan Raises S&P 500 2026 Target to 7,800 on AI Earnings, Flags Valuation Risks
JPMorgan has raised its 2026 year-end S&P 500 target to 7,800, driven by AI-fueled earnings momentum. The bank warns that higher interest ra
Wendy's Stock Surges 20% as Retail Traders Target Heavily Shorted Shares
Wendy's stock surged more than 20% in premarket trading Wednesday as retail traders swarmed the heavily shorted fast-food chain. With short