By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
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
OpenAI Debuts Custom 'Jalapeño' Chip to Ease Nvidia GPU Crunch
OpenAI has built its first custom AI chip, codenamed Jalapeño, with Broadcom. Designed for inference, it aims to ease the company's dependen
Gold Dips Below $4,000 as Strong Dollar and Rate Expectations Bite
Gold fell below $4,000 an ounce this week, its lowest since November 2025. A firmer US dollar and bets on higher-for-longer interest rates w
BofA Slashes Telecom Plus Target by 57% After Profit Warning, Sees Long Wait for Margin Recovery
Bank of America slashed its price target on Telecom Plus by more than half after the company warned fiscal 2027 profit will drop sharply. Th
Qualcomm's $3.92B Modular Deal Targets Nvidia's CUDA Dominance in AI Inference
Qualcomm is buying AI startup Modular for about $3.92 billion in stock. The deal targets Nvidia's CUDA platform by adding software that lets
India's Enforcement Directorate Alleges Rajesh Exports Hid 30 Billion Rupees in FX Violations
India's Enforcement Directorate alleges Rajesh Exports violated foreign-exchange rules, with missing records and 30 billion rupees in cross-
Soybeans and Corn Edge Higher as Traders Eye Chinese Demand and Key USDA Data
Soybean and corn futures ticked higher on the Chicago Board of Trade, supported by signs of Chinese demand. But gains were capped by falling
RBI Simplifies FX Risk Rules for Banks, Effective April 2027
The Reserve Bank of India has finalized new rules for how banks calculate foreign-exchange risk, simplifying net open position calculations
UAE Stocks Diverge as Oil Eases on Signs of Strait of Hormuz Traffic Recovery
UAE stocks split as oil prices eased on signs of rising shipping through the Strait of Hormuz. Abu Dhabi's ADX fell 0.312% while Dubai's DFM
Tech Futures Edge Higher as Micron Earnings Loom; Trump Pressures DOJ on Gas Prices
US stock futures edged higher Wednesday as tech shares tried to steady themselves. Micron Technology rebounded ahead of its fiscal Q3 earnin
Berenberg Boosts Mitie Price Target on £16.3 Billion Order Book
Berenberg has lifted its price target for Mitie to £2.30, arguing the market is mispricing the company's growth engine. The bank points to a