By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Australian Shares Set to Rise as Wall Street Gains and Oil Prices Firm on US Strikes
Australian shares are poised to open higher after a positive session on Wall Street. Energy stocks are drawing attention as crude oil prices
TSMC Expected to Post Record Q2 Profit as AI Chip Demand Surges 59%
Taiwan Semiconductor Manufacturing Company (TSMC) is expected to report a record Q2 net profit, up 59% year-over-year, as AI chip demand fue
Recordati Board Split on €10.7B Take-Private Bid as Independent Directors Call Price Inadequate
Recordati's board is divided on a €10.7 billion take-private bid. Six directors backed CVC and GBL's €51.29-a-share offer, but four independ
Mako Mining Gold Sales Hit $63M in Q2, Cash Position Strengthens to $112M
Mako Mining reported Q2 gold sales of $63 million from 14,610 ounces, with cash and securities at $112 million. The update highlights the co
Ford Warns US Automakers as BYD Sets Sights on Overtaking Toyota Globally
Ford Executive Chairman Bill Ford says US automakers must prepare for subsidized Chinese rivals. Meanwhile, BYD claims it can overtake Toyot
Microsoft Restructures Security Unit, Cuts Hundreds of Jobs to Focus on AI Tools
Microsoft is reshaping its cybersecurity division around AI, cutting several hundred roles and scaling back older products. The move undersc
Treasury Yields Slide as June PPI Drop Signals Cooling Inflation, Fed Hike Odds Plummet
June's producer price index dropped 0.3%, far below expectations, sending Treasury yields lower. Traders now see only a 10% chance of a Fed
PayPal Shares Surge 16% on Report of $53 Billion Buyout Offer from Stripe and Advent
PayPal shares surged 16% on heavy volume after Reuters reported that payments rival Stripe and private equity firm Advent International disc
Palantir CTO Warns China May Be Copying US AI via 'Distillation Attacks'
Palantir's CTO says China may be copying US AI models using a technique called 'distillation.' This could make advanced AI more like a commo
Wall Street Banks Cash In on AI Infrastructure Funding Boom
Big US banks say the AI infrastructure buildout is fueling a sustained wave of stock offerings and large loans for data centers. This deal a
Apple Surges 4% on Chip Deal Talks; DeepSeek Eyes $74B Valuation Ahead of STAR Market IPO
Apple shares rose 4.1% on reports of chip deal talks, while Chinese AI startup DeepSeek is seeking a 500 billion yuan valuation ahead of a p
Block's Cash App Borrow Could Boost 2026 Earnings by Mid-20%, Says UBS
UBS analysts see Block's Cash App Borrow becoming a significant profit driver, potentially adding mid-20% to adjusted earnings per share in