By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Nasdaq Debut Plunges 59%, Two More Growth Stocks Hit by Dilution Fears
QumulusAI tumbled 59% on its first Nasdaq session, while AST SpaceMobile and ASP Isotopes dropped after financing deals that could expand sh
Uber's $14.8B Delivery Hero Deal Faces Years-Long Antitrust Scrutiny
Uber agreed to buy Delivery Hero for $14.8 billion, expanding its delivery footprint to 99 countries. The deal faces a long antitrust review
Uber's $14.8B Delivery Hero Deal Lifts Shares, Consumer Stocks Rise Broadly
Uber announced a $14.8 billion merger agreement with Delivery Hero on Thursday, sending its shares up 1.2%. Consumer stocks broadly climbed,
Apple's June iPhone Sales Hold Steady, but Memory Costs Threaten Margins: UBS
UBS says Apple's June-quarter iPhone sales were steadier than feared, but rising memory costs could squeeze margins. The company reports fis
Verizon Sells 274 Stores, Cuts 500 Jobs as It Shifts to Franchise Model
Verizon is selling 274 company-owned stores and cutting about 500 corporate jobs, shifting more of its retail footprint to franchise partner
Pentair Cuts Outlook as Pool Product Destocking Hits Harder Than Expected
Pentair cut its second-quarter and full-year outlook as pool product sales face a bigger-than-expected hit from channel destocking and softe
Arteris Gets a Fresh Look as AI Chips Get More Complex
Oppenheimer has initiated coverage on Arteris, arguing that increasingly complex AI chips are boosting demand for its network-on-chip techno
FTSE 100 Rises 0.5% as Investors Shift from AI to Consumer Staples
London stocks rose 0.5% as investors moved money from AI and chip stocks into consumer staples like beverages and retailers. The rotation he
Entain to Cut 500 Jobs as UK Online Betting Tax Hike Looms
Entain, the owner of Ladbrokes, is cutting 500 jobs to offset about £200 million in annual costs from proposed UK online betting tax hikes a
Saudi PIF-Backed ROSHN Seeks Investors for Aramco Stadium Lease Deal
Saudi developer ROSHN is courting private investors to fund the Aramco Stadium using a lease-and-leaseback model. The deal, run by JPMorgan,
BofA Adjusts Sabadell Forecasts After TSB Sale, Sees Q2 Profit Boost
Bank of America revised its forecasts for Banco de Sabadell ahead of its July 24th earnings. The broker expects a strong Q2 profit of 739 mi
MDA Space's CLS Deal Could Transform It Into a Full-Service Space Player, RBC Says
MDA Space is in talks to buy Collecte Localisation Satellites, a move RBC says could turn it into a full-service space player with a Europea