By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
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
Asian ADRs Climb as Chip Stocks Lead Rally, ChipMOS and UMC Surge 6%
Asian ADRs rose 1.4% in US trading, driven by a surge in chip stocks. ChipMOS and United Microelectronics each jumped nearly 6%, highlightin
Stocks Edge Higher as Producer Prices Fall and PayPal Surges on Takeover Report
US stocks edged higher after June producer prices dropped 0.3%, surprising economists and calming rate hike worries. PayPal surged nearly 14
Electrovaya Stock Surges as Amazon Deal Ties Battery Supply to $280M in Purchases
Electrovaya will supply its Infinity batteries for Amazon's warehouse equipment, with Amazon receiving warrants for up to 13.9 million share
Gold Holds Near Record as Surprise Drop in US Producer Prices Fuels Rate Cut Hopes
Gold held steady near record highs after a surprise drop in US producer prices in June pushed the dollar and short-term Treasury yields lowe
Stocks Rise as June Inflation Cools Sharply, Oil Edges Up on Middle East Tensions
June inflation data showed a surprising cooldown, with CPI dropping 0.4% and PPI falling 0.3%. Stock futures rose on hopes of Fed rate relie
Sugar Prices Slip as Brazil's Harvest Weather Improves, but Ethanol Policy Caps Losses
Sugar prices fell as Brazil's drier weather allowed faster cane harvesting, pushing raw sugar to two-week lows. However, Brazil's higher eth
Goldstorm Metals Begins 3,000-Meter Drill Program at Crown Copper-Gold Property in BC's Golden Triangle
Goldstorm Metals has kicked off a 3,000-meter Phase 1 drill program at its Crown copper-gold-silver property in BC's Golden Triangle. Early
BASF Raises Outlook After Strong Q2, But Hormuz Risk Weighs on Shares
BASF beat Q2 estimates and lifted its full-year EBITDA target, but shares fell as the market zeroed in on warnings about Iran negotiations a
Morgan Stanley's Deal Fees and Trading Surge Drive Strong Q2 Profit
Morgan Stanley's Q2 profit rose sharply as investment banking revenue hit $2.44 billion and equities trading surged 69%. The results reflect
Dollar Steadies as Iran Tensions Lift Oil, Soft US Inflation Eases Rate Hike Fears
The dollar barely moved as fresh US strikes on Iran lifted oil prices to a one-month high, while cooler June inflation data reduced expectat