By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
South Korea Raids Montage Technology Office; Shares Plunge 23%
South Korean prosecutors raided the local office of Chinese chipmaker Montage Technology over a potential competition-law violation. The com
PayPal Board Skeptical of $53 Billion Stripe-Advent Takeover Bid, Seeks Higher Price
PayPal's board is not convinced by a $53 billion takeover bid from Stripe and Advent International at $60.50 per share, calling it light on
Netflix Forecast Misses Estimates, Will Cut Viewing Data Reports to Once a Year
Netflix forecasted $12.86 billion in Q3 revenue, slightly below analyst estimates, and said it will publish its viewing-hours report only on
Netflix's Light Forecast and Reduced Data Sharing Shift Focus to Revenue and Profit
Netflix's Q3 revenue forecast of $12.86 billion fell short of analyst expectations, and the company will reduce viewing data reports to once
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