By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Prysmian Lands $6.3 Billion Cable Deal with Molex as AI Data Center Boom Accelerates
Prysmian has won a €5.5 billion ($6.3 billion) deal with Molex to supply optical cables for data centers. The Italian firm is one of only th
Netflix Returns to Bond Market as Consumer ETFs Slip on Demand Concerns
Consumer stocks slipped Monday as Netflix returned to the US high-grade bond market for the first time in two years. Procter & Gamble and Do
Eminent Gold Begins Drilling at Nevada's Hot Springs Range; Shares Jump 5.45%
Eminent Gold has kicked off a 10,000-meter reverse circulation drilling program at its Hot Springs Range Project in Nevada. The campaign tar
FTSE 100 Dips 0.54% as UK Data Week Begins Amid Iran-US Diplomatic Signals
The FTSE 100 slipped 0.54% to start the week as a packed UK data calendar—including labor, inflation, and retail sales reports—took center s
BofA: Meta Set to Beat Q2 Estimates on Ad Strength and AI, Job Cuts Boost Margins
Bank of America Securities predicts Meta will top Q2 expectations, driven by resilient ad sales and AI-powered user engagement. A 10% workfo
Morgan Stanley: DPC Demand Strong, But Post-IPO Rally Leaves Little Upside
Morgan Stanley started covering newly public DPC with an Equalweight rating, noting strong demand for its cast components used in aerospace
Gold Holds Above $4,000 as Oil-Driven Inflation Fears Fuel Rate Hike Bets
Gold held above $4,000 early Monday, with futures near $4,015, even as the dollar and Treasury yields rose. Oil-driven inflation fears are f
Coty Pays $400M to Exit Gucci Beauty Early, Cuts Debt
Coty is paying $400 million to exit the Gucci Beauty license a year early, allowing L'Oréal to take over sooner. The move gives Coty $250 mi
Reformation IPO Tests US Market Appetite for Fashion Retail Stocks
Reformation, a womenswear brand backed by private equity firm Permira, is seeking up to a $1 billion valuation in its NYSE IPO. The company
Stock Futures Rise as Alphabet and Tesla Earnings Loom Amid Middle East Tensions
US stock futures rose Tuesday as investors awaited earnings from Alphabet and Tesla. Meanwhile, oil prices and Treasury yields stayed elevat
CuspAI Raises $450M to Speed Up Materials Discovery for Chips and Clean Energy
CuspAI has raised $450 million to expand its AI-powered materials discovery platform and launch a foundry for testing new materials. The rou
Treasury Yields Slide as Softer Inflation Data Dims Fed Rate Hike Prospects
US Treasury yields declined over the past week as cooler June inflation data prompted traders to price out a near-term Fed rate hike. The sh