By Eleanor Whitfield
Former buy-side analyst. Leads the desk with a focus on global markets, macro flows and what moves portfolios.
Five Below's $5 Promise Holds as Average Item Price Hits Record $5.69
UBS says Five Below's average item price hit a record $5.69 in June, even as most products stay at $5 or less. Strong traffic and add-on sal
UK Banks' Limited Access to Anthropic's Mythos AI Sparks Treasury Push for Domestic Capability
Harriet Rees, Starling Bank's CIO and a Treasury appointee, says limited UK bank access to Anthropic's Mythos AI model is a wake-up call. Th
Fairchild Gold Surges 37% on C$1.8 Million Private Placement Plan
Fairchild Gold shares surged 37% after the explorer announced a C$1.8 million non-brokered private placement. The first tranche of C$1.2 mil
Tesla's Q2 Delivery Strength Meets a Bigger AI Test on July 22
Tesla's strong Q2 deliveries set up a decent quarter, but Morgan Stanley warns that July 22 earnings will focus on robotaxi and Optimus mile
Asia ADRs Rise 0.9% as New Oriental, Mitsubishi UFJ Offset Tech Declines
The S&P Asia 50 ADR Index rose 0.9% to 2,938.12, driven by strong gains in New Oriental Education and Mitsubishi UFJ Financial Group. The ad
DCC Board Nears £5.7 Billion KKR Takeover Deal Amid Shareholder Pushback
DCC, an Ireland-based energy distributor, is nearing a £5.7 billion takeover by a KKR-led consortium. The board is close to signing off ahea
India's IDBI Bank Sale Revived as Fairfax, Emirates NBD Submit New Bids
India's long-running effort to sell IDBI Bank is back on track after Fairfax Financial and Emirates NBD submitted revised bids for the gover
Mink Ventures Drills Two Targets at Warren Nickel Site, Awaits Assay Results
Mink Ventures completed drilling on two electromagnetic targets at its Warren nickel site. The company expects assay results by late August,
Portugal to Data Centers: Prove Local Benefits Before Getting Power
Portugal is taking a cautious approach to the data center boom. Lisbon says it will back new projects only if they deliver clear productivit
KKR and Apax Circle Portuguese Packaging Maker Logoplaste in Potential $1.94 Billion Deal
KKR and Apax are among private-equity firms eyeing Logoplaste, a Portuguese packaging maker. Bloomberg reports the company could be valued a
Wall Street's AI Divide Deepens as Earnings Season Puts Promises to the Test
Bank of America's latest survey shows a record 82% of fund managers see AI as the most crowded trade, yet many still deny a bubble. As earni
Gold Surges 2.1% as June CPI Miss Fuels Dollar Slide, Rate Cut Bets
Spot gold climbed 2.1% to $4,083.99 after June's CPI surprised to the downside. The dollar slipped 0.6% as traders bet on fewer rate hikes,