By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Japan's bond yields rise as traders await BOJ signal on rates
Japanese government bond yields rose as traders awaited a more hawkish signal from the Bank of Japan after the government intervened to supp
New Zealand regulator orders banks to review mortgage offset accounts after AU$55 million compensation in Australia
New Zealand's financial regulator is telling banks to double-check mortgage offset accounts after Australia's watchdog uncovered widespread
Capricorn Metals: higher gold prices offset lower output and rising costs
Capricorn Metals produced 30,437 ounces at Karlawinda in the June quarter, slightly below last year, while all-in sustaining costs rose to A
Japan intervenes in currency markets as yen weakens ahead of BOJ decision
Japan is reported to have intervened in currency markets, buying yen and selling dollars in New York as the yen hovered near multi-decade lo
Apple beats earnings estimates but stock dips on supply and services concerns
Apple reported a strong quarter driven by iPhone and Mac sales, beating revenue estimates. However, the stock dipped 2.6% after hours as sup
Reddit raises revenue forecast as AI ad tools offset slower user growth
Reddit guided third-quarter revenue to $860-870 million, topping Wall Street forecasts. The growth came from AI-powered ad tools, even as US
US CHIPS Act targets $874 million at smaller AI chip suppliers
The US Commerce Department is allocating $874 million in CHIPS Act support to seven smaller semiconductor tech firms, taking minority equity
Google backs $15 billion AI data center project in Texas with Anthropic deal
Nexis Data Centers is lining up $15 billion for an AI-focused campus in Texas. Google is helping fund the deal by backing payments from Anth
Treasury yields rise despite cooler June inflation data
June's PCE inflation report showed headline prices falling 0.1%, but the 10-year Treasury yield still edged up to 4.657%. Investors are weig
Healthcare stocks dip as Eli Lilly and Johnson & Johnson unveil big spending plans
Healthcare stocks fell as Eli Lilly and Johnson & Johnson announced major spending and deal plans. Investors viewed the moves as near-term c
Meta's AI spending surge raises questions about when returns will arrive
Wedbush Securities has boosted its capital spending estimates for Meta through 2028, but cut its price target as the company's massive AI bu
Cognizant's AI Builder push hits 8,000 engagements as clients seek ROI
Wedbush says Cognizant's AI Builder push has resulted in roughly 8,000 AI engagements. Clients are seeking better returns on their AI invest