By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Digi Spain IPO Pop Fizzles: Shares Slip Back to €5.60 Offer Price
Digi Spain's shares popped about 7% in its market debut Thursday, then quickly slid back to the €5.60 offer price. The Spanish telecom's IPO
Nickel Jumps 3.3% as Strait of Hormuz Tensions Threaten Sulfur Supply for Indonesia's HPAL Producers
Nickel prices jumped 3.3% on the London Metal Exchange as fresh fears over Strait of Hormuz disruptions threaten sulfur shipments. Sulfur is
Sensex Holds Steady as IT Rebounds Offsets Bank Losses; Rupee Slips to 96.345
India's benchmark indexes held steady on July 16, with gains in IT stocks offsetting losses in banking shares. The rupee slipped to 96.345 p
Cocoa Prices Tumble 5% as Europe's Grind Data Signals Weakening Chocolate Demand
London cocoa futures slid 5% after Europe's second-quarter grind fell 4.6% year-on-year to its lowest since 2020, signaling potential soften
Citizens Financial Profit Rises 35% on Higher Loan Income and Surging Capital Markets Fees
Citizens Financial's second-quarter profit climbed to $587 million, driven by a 14% rise in net interest income and a 45.7% jump in capital
Tech Mahindra Revenue Beats on Weaker Rupee, But Profit Misses Estimates
Tech Mahindra reported a 17.7% revenue jump in Q1, aided by a weaker rupee and 17.2% growth in manufacturing. However, profit missed analyst
RBC Raises Amundi Price Target to €78 Ahead of Q2 Results, Flags UniCredit Uncertainty
RBC Capital Markets lifted its price target on French asset manager Amundi to €78 ahead of its July 30th Q2 results. The bank also raised 20
FTSE 100 Dips 0.2% as Iran Strait Warning Rattles Markets; Rotork Soars on $5.5B Deal
The FTSE 100 fell 0.2% as Iran's warning over the Strait of Hormuz raised oil-risk premiums and inflation fears. Meanwhile, Rotork jumped 66
TSX Futures Dip 0.2% as Gold, Silver, and Oil Retreat Amid Trade and Tension Jitters
September S&P/TSX futures edged down 0.2% as commodity prices pulled back. Gold, silver, and oil all slipped, while Middle East tensions and
AST SpaceMobile Plunges 9.5% Premarket After $1B Convertible Note Sale
AST SpaceMobile sank 9.5% in premarket trading after pricing $1 billion of convertible senior notes due 2034. The move highlights how conver
Asian Markets Diverge as Oil Breaks $85 and Chip Stocks Slide
Asian markets showed mixed results as oil prices climbed above $85 a barrel and chip stocks slid. Hong Kong's Hang Seng rose 1.3%, while Jap
Eli Lilly in Talks to Buy AtaiBeckley for Over $2 Billion, Shares Surge 50%
Eli Lilly is negotiating to buy AtaiBeckley, a psychedelic drug developer, for over $2 billion, Bloomberg reports. AtaiBeckley shares jumped