By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Apple iPhone 18 Pro wait times rise, hinting at stronger demand
Apple's iPhone 18 Pro and Pro Max are taking longer to ship, and UBS sees that as a possible early sign of firmer demand. China availability
European Stocks Dip as Oil Tops $100 and US Yields Hit 2007 High
Europe's STOXX 600 fell 0.4% as oil jumped back above $100 and US 10-year yields hit their highest since 2007. Energy shares rose, but broad
Oppenheimer: Viatris Is More Than a Generics Play, Stock Looks Mispriced
Oppenheimer initiated coverage on Viatris, saying the market is pricing it like a fading generics business. The bank highlights new product
Oppenheimer: OSI Systems' pullback looks overdone on defense demand
Oppenheimer argues OSI Systems' recent stock decline is overdone, pointing to steady demand from US border security and defense programs. Th
Manchester United's revenue dips but 2027 target stays intact
Manchester United reported a dip in fourth-quarter revenue, blaming fewer Premier League games and no European competition. Despite the slip
Oil drops for sixth day on US-Iran talks; UK data points to sluggish growth
Oil prices extended their slide as US-Iran headlines suggested easing tensions, while UK data painted a picture of a slowing economy with st
Disney raises ad-free streaming prices again, pushes cheaper ad tiers
Disney is raising prices on its ad-free streaming plans, with Disney+ jumping 13% to $21.49 a month. The ad-supported Disney+ and Hulu bundl
UiPath's BOAT pivot still a 'show-me' story, RBC cuts target to $15
RBC Capital Markets is keeping its sector perform rating on UiPath but cutting its price target to $15 from $17. The firm says the company's
European ADRs slip 0.72% as energy gains offset trivago's 8.9% drop
European ADRs slipped Wednesday, with the S&P Europe Select ADR Index down 0.72%. Energy names like Equinor and BP gained about 2.6%, but a
Rising US bond yields and falling metals drag Canada's TSX down 1%
Canada's main stock index dropped 1% as gold and silver prices fell sharply, dragged down by a surge in US bond yields. The 10-year Treasury
AI agents like Meta's Muse threaten profits built on customer inertia
Meta's new AI agent, Muse, is topping app-store charts and can handle tasks like booking trips and comparing prices. That has investors wond
Space startup funding doubles to $23B as investors demand proof
Private investment in space startups more than doubled to $23 billion through June, but a new report says investors are getting pickier. Mon