By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
VeriSilicon targets AI-driven profitability by late 2026
VeriSilicon's first-half revenue jumped 91%, yet its net loss deepened. The chip design firm now says it will lean on AI across R&D to achie
Berenberg lifts Rolls-Royce target to 1,900p on Trent engine growth
Berenberg has raised its Rolls-Royce price target to 1,900p from 1,430p and lifted earnings estimates by 10-15% after strong first-half resu
Oil's jump lifts yields, pressuring gold and copper
Oil's climb on US-Iran tensions is lifting Treasury yields, which is pressuring gold and copper. Investors are watching for the Fed's July m
China and Hong Kong stocks slip as AI rally cools, energy gains on oil
China and Hong Kong stocks fell Tuesday as AI and tech shares pulled back, outweighing gains in energy companies. Oil prices climbed on Midd
Rupee set to weaken as oil above $91 and RBI swap tweak add pressure
India's rupee is set to open weaker after oil prices stayed above $91 and US bond yields remained elevated. A surprise tweak to an RBI swap
Victory Metals rare earth study flags AU$6.5B revenue, AU$1.21B NPV
Victory Metals released a prefeasibility study for its North Stanmore heavy rare earth project in Western Australia, projecting AU$6.5 billi
Brazilian Rare Earths withdraws Rocha da Rocha output targets over resource uncertainty
Brazilian Rare Earths withdrew production targets for its Rocha da Rocha project after admitting its mine schedule leaned too much on low-co
Gold edges higher as traders bet on Fed pause, await minutes
Gold ticked up again as traders increasingly bet the Federal Reserve will pause rate hikes. The dollar stayed soft ahead of Wednesday's Fed
Alibaba's HappyShrimp 1.0 turns text prompts into songs as AI revenue grows
Alibaba has launched a beta of HappyShrimp 1.0, an AI model that creates full songs from a single text prompt. The move signals Alibaba's AI
Foreign investors trim US Treasury holdings in June
Foreign investors cut their US Treasury holdings in June, with the total slipping to $9.299 trillion. Japan, the UK, and China all reduced t
Tesla's Cybercab to debut in Austin with employee rides first
Tesla is preparing to launch its Cybercab in Austin, starting with employee rides on public roads before adding the driverless vehicle to it
Stocks dip as retail earnings loom; oil rally lifts energy shares
US stocks slipped Monday as investors turned cautious ahead of key retail earnings from Home Depot and Walmart. Meanwhile, a jump in oil pri