By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
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
Diana Shipping abandons Genco takeover bid after board terms
Diana Shipping walked away from its bid for rival Genco Shipping & Trading, saying Genco's board set terms no credible buyer could meet. Dia
Stocks slip as US-Iran truce expires, oil jumps on Hormuz fears
US stocks slipped while oil climbed after the US-Iran ceasefire expired, putting the Strait of Hormuz back in focus. WTI rose 1.3% to $83.44
JetBlue shares slide 6% as analyst flags fuel and balance-sheet risks
JetBlue shares dropped 6.1% after Seaport Research Partners downgraded the airline to neutral and withdrew its price target. The firm warned
CXMT Overtakes Tencent as China's Most Valuable Company
CXMT has overtaken Tencent to become China's most valuable company, with a market cap above $500 billion. The milestone highlights a broader
European stocks slip again as US-Iran tensions weigh on sentiment
European stocks slipped again, with the STOXX 600 down 0.22% as the earnings rebound faded and US-Iran tensions kept investors cautious. Att
Dollar slips as soft data cools Fed rate hike expectations
The dollar weakened Monday, lifting the euro to a two-month high near $1.1583. Soft US retail sales and jobs data reduced the odds of a Sept
RBC: MDA Space Looks Like a Cheaper Way to Play the Space Sector
RBC Capital Markets says MDA Space looks like a relatively cheap way to gain exposure to the growing space industry. The bank notes the stoc
DAX slips as oil stays firm and deal talk lifts RWE, Deutsche Telekom
Germany's DAX slipped on Monday as oil prices stayed firm after the US-Iran ceasefire expired. RWE gained on upbeat guidance talk, while Deu
Petco's Q2 report: Can it rebuild investor trust?
Petco's upcoming Q2 earnings are less about the quarter and more about whether management can convince investors its turnaround is on track.
TSX slips as Canada's July inflation hits 3%, stoking rate worries
Canada's inflation accelerated to 3% in July, hotter than expected, and the TSX slipped as investors worried about interest rates. Energy an
Centene names new CFO as Medicaid redeterminations pressure profits
Centene is changing finance chiefs, with Chris Neczypor taking over as CFO in January. The insurer is trying to steady results as Medicaid r