By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Moonpig Swings to £51.7M Profit, Raises Dividend as Card and Gift Sales Rebound
Moonpig returned to profit with £51.7 million in earnings, driven by higher revenue as more customers bought cards and gifts online. The com
Berenberg Sees Path to Vusion's 2027 Sales Target, Cuts Price Target to €220
Berenberg maintains a buy rating on VusionGroup but lowers its price target to €220, signaling that while long-term sales growth is possible
Air Liquide Commits €70M to Polyethylene Plant; Credit Agricole Buys 9.9% Stake in Spanish Bank
Air Liquide commits €70 million to a nitrogen supply contract for a polyethylene plant, and Credit Agricole buys a 9.9% stake in a Spanish c
New Zealand Stocks Edge Higher as Brent Crude Slips to $72 and Mortgage Lending Rises
New Zealand stocks rose as Brent crude slipped to $72 a barrel, potentially easing inflation pressures. Meanwhile, new mortgage lending clim
Swatch's New Collab Wins Praise but Analyst Sees Overcapacity Problem
Bernstein downgraded Swatch Group to market-perform even after raising its price target and profit forecasts. The analyst argues the Audemar
Jarden Upgrade Sees Spark New Zealand's Value Gap Reopen After Underperformance
Jarden upgraded Spark New Zealand to overweight, keeping a NZ$2.27 target. The broker sees a value gap after underperformance, with the key
PBOC Adds Overnight Reverse Repos to Steady Short-Term Funding Rates
The People's Bank of China is introducing overnight reverse repos to smooth short-term funding rates. The new tool, expected to operate at a
Aluminum Prices Slide 8% in Week as Middle East Risk Premium Fades
Aluminum prices dropped 2.75% on the Shanghai Futures Exchange and are down 8% for the week as geopolitical risk premiums unwind. Traders ar
Chinese AI Giant Zhipu Soars 2,000% as Defense Stocks Diverge on Germany's Warship U-Turn
Zhipu's stock has surged 2,000% this year, but a looming lockup expiry on July 8th could trigger selling. Meanwhile, Germany's warship cance
Yuan Hovers Near One-Month Low as Strong Dollar and Record Trading Volume Weigh
China's yuan is under pressure near a one-month low as the dollar strengthens on expectations of higher-for-longer US interest rates. Record
Japan Bond Yields Dip as Oil Retreats, Focus Shifts to 20-Year Auction
Japan's 10-year government bond yield slipped 4 basis points to 2.625% as falling oil prices tempered inflation worries. Attention now turns
Anthropic Accuses Alibaba of Stealing AI Know-How via Fake Accounts
Anthropic told US lawmakers that Alibaba ran a large-scale 'distillation attack' to train its Qwen model on Claude outputs. Alibaba shares f