By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Oppenheimer Sees IBM Raising Revenue Forecast on Strong Software Renewals
Oppenheimer predicts IBM will raise its full-year constant-currency revenue growth outlook to at least 6% when it reports Q2 results. The op
IGX Files for IPO as IEX Cuts Stake to Meet Ownership Cap
Indian Gas Exchange (IGX) has filed for an IPO, driven by its parent IEX needing to cut its stake to 25% to meet ownership caps. The offerin
Lucid Denies Takeover and Bankruptcy Rumors After Shares Plunge 57%
Lucid Group called a blog report 'completely false' after its shares fell as much as 57% and were halted multiple times for volatility. The
Discounts Drive US Same-Store Sales Growth as Consumer ETFs Slip
US same-store sales rose 8.2% year-on-year in the week ended July 11th, driven by heavy discounting. Consumer-focused ETFs slipped as market
AI Infrastructure Boom Drives Steady Deal Flow for Wall Street Banks
Wall Street's largest banks say the AI infrastructure build-out is generating a steady stream of IPOs, debt deals, and data center financing
FTSE 100 Rises as Strong US Bank Earnings and Cooler Inflation Boost Rate-Cut Hopes
The FTSE 100 reversed early losses to close slightly higher, driven by strong US bank earnings and a softer June inflation reading. UK lende
Visa's Hidden Revenue Boost: Deferred Contracts Add Up to 1% to Growth, UBS Says
UBS analysts point to Visa's remaining performance obligations (RPOs) as a hidden driver of growth. Deferred revenue from value-added servic
Wall Street Banks Surge on IPO and M&A Boom in Q2
Wall Street's biggest banks saw a strong second quarter as blockbuster IPOs and a pickup in M&A lifted deal fees. The nearly $86 billion Spa
Pure Data Centres Plans €1.5 Billion Finland Campus, Microsoft Eyed as Tenant
Pure Data Centres, backed by Oaktree Capital, plans a €1.5 billion first phase of a data center campus in Finland. The 110 MW phase is fully
Thermal Energy International Secures C$1.8 Million Brewery Heat Recovery Project
Thermal Energy International has won a C$1.8 million fixed-price turnkey project with a global premium brewer. The heat recovery work is exp
Cannara Biotech Signs First Long-Term Export Deal with Curaleaf Worth Up to C$21M
Cannara Biotech has secured its first long-term export supply deal, agreeing to sell bulk cannabis flower to US firm Curaleaf. The contract
Small-Cap Stocks Surge as AI Hype Shifts to Infrastructure Suppliers
US small-cap stocks are having their best year since 2003, with the Russell 2000 surging 20%. Investors are shifting focus from Big Tech's A