By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
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
US Stocks Split as Cooling Inflation Offsets Red Sea Shipping Worries
US stocks showed a split personality Thursday. Broad-market ETFs edged higher on softer wholesale inflation data, but tech and chip funds sl
SpaceX Shares Dip Below IPO Price as Market Jitters and AI Rally Doubts Weigh
SpaceX shares dropped 1.9% to $133.5, falling below their $135 IPO price. The decline comes as markets remain nervous about the Federal Rese
Big Banks See Steady Consumer Spending Despite Rising Oil Prices and Inflation Uncertainty
Major US banks say household spending remains resilient, with credit card balances rising and delinquencies lower than expected. However, hi
FTSE 100 Snaps Winning Streak as Miners and Energy Stocks Slide on Weaker Commodities
The FTSE 100 snapped a three-day winning streak, slipping 0.1% as mining and energy stocks fell with weaker metals and oil prices. Middle Ea
Burberry Investors Approve CEO Pay Hike Despite 37% Opposition
Burberry's annual meeting saw 63% of shareholders back a new pay plan for CEO Joshua Schulman, allowing share awards up to 300% of salary. T
Stripe and Advent Offer $53 Billion to Take PayPal Private
Stripe and Advent International have offered $53 billion to acquire PayPal at $60.50 per share, a 28% premium. The bid comes as PayPal strug
Goldman Sachs: G10 Carry Trade Returns at Best Levels in Over Two Decades
Goldman Sachs says wide interest-rate gaps and calm currency markets have created the best backdrop for G10 carry trades in over two decades
BNY Raises Full-Year Revenue Forecast After Record Quarterly Earnings
BNY Mellon reported record second-quarter revenue of $5.7 billion, driven by higher fee income from rising markets and trading activity. The
Hedge Funds Swing to Bullish on Euronext Wheat in Record Week
Hedge funds and other financial traders flipped from bearish to bullish on Euronext milling wheat in the week to July 10, according to excha
Oppenheimer Says AI Threat to ServiceNow Overblown, Lifts Price Target to $140
Oppenheimer analysts believe concerns that AI will disrupt ServiceNow's business are overdone. The bank raised its price target to $140, cit
Staar Surgical's China Lens Demand Hit by Affordability, Not Competition, Wedbush Says
Wedbush analysts say softer demand for Staar Surgical's implantable lenses in China is about tighter household budgets, not patients switchi