By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Oil Rally and Cooler US Inflation Push Canadian Dollar to One-Month High
The Canadian dollar reached a one-month high and posted its best weekly gain since April. A jump in oil prices and a softer US inflation rea
Travelers, Kalaris Therapeutics, and Callan JMB Lead Friday's Market Movers
Travelers climbed 8.3% after a stronger-than-expected Q2 earnings report, while two thinly traded microcaps—Kalaris Therapeutics and Callan
Meta Eyes $10B AI Compute Deal with Anthropic; Apple in Early DOJ Settlement Talks
Meta is reportedly discussing a massive data center compute deal with AI startup Anthropic worth up to $10 billion. Meanwhile, Apple has ini
Meta Weighs $10 Billion AI Compute Lease Deal with Anthropic
Meta is evaluating a proposal from AI startup Anthropic to lease computing power in a deal that could be worth up to $10 billion over two ye
Oil Surges 3.5% as US-Iran Tensions Escalate; Nasdaq Drops 1.9%
Oil prices surged 3.5% and the Nasdaq dropped 1.9% after US Central Command announced a sixth wave of attacks against Iran. Investors are we
Eurozone Inflation Dips to 2.8% as Oil Price Jump Complicates ECB Rate Path
Eurozone inflation cooled to 2.8% in June, raising hopes for ECB rate cuts. But Brent crude jumped to $86.28 as US-Iran tensions escalated,
Walmart Names Kyle Kinnard as New US COO as CEO John Furner Reshapes Leadership
Walmart is shaking up its US leadership, with COO Kieran Shanahan leaving and international COO Kyle Kinnard taking over. The move comes as
Dollar Holds Steady as Cooling Inflation Cuts July Rate Hike Odds to 10%
The US dollar steadied Friday after cool inflation data pulled July rate hike odds down to 10%. But rising Middle East tensions and the yen
Chinese AI Models Now Rival US Leaders, Says Top VC Andreessen
Chinese AI companies are no longer just cheaper alternatives—they're building models that compete head-to-head with US leaders. Zhipu recent
Quantum Secure Encryption Pitches QPrime in Netherlands as Canada Leads Trade Mission
Quantum Secure Encryption will join a Government of Canada-led R&D delegation to the Netherlands in September to pitch its QPrime quantum-re
European ADRs Dip as Tech Losses Outweigh Energy Gains; Equinor, Eni Surge 3%+
European stocks listed in the US slipped Friday, with the S&P Europe Select ADR Index down 0.6%. Energy giants Equinor and Eni bucked the tr
Private Credit Investors Face Steep Discounts to Exit Non-Traded BDCs
Investors in non-traded business development companies are paying a steep price to exit. Recent tender offers valued shares 15%-30% below Ma