By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
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
Unitree unveils 12.66 m/s humanoid robot days before Shanghai IPO
Unitree unveiled a humanoid robot capable of 12.66 meters per second, just days before its Shanghai IPO. The listing drew record retail dema
Lotus Bakeries' Biscoff growth prompts Berenberg to raise price target
Lotus Bakeries' first-half results showed Biscoff cookies still growing fast, with about 20% volume growth. Berenberg raised its price targe
Capesize gains lift Baltic Dry Index to 2,878 as panamax rates slump
The Baltic Dry Index edged up 0.5% to 2,878, driven by stronger capesize rates. But panamax earnings fell to their lowest since August 4, hi
Serve Robotics signs Grubhub deal as Uber Eats partnership ends
Serve Robotics has signed a deal with Grubhub to deliver food via sidewalk robots in Chicago, Los Angeles, and Alexandria. The move comes as
Kenya regulator seeks $115M reserve before clearing Diageo's EABL sale to Asahi
Kenya's Competition Authority wants EABL to set aside 15 billion shillings (about $115 million) before it clears Diageo's $2.3 billion stake
Emaar's Q2 profit rises 9% but misses FAB Securities forecast
Emaar Properties reported a 9% rise in Q2 net profit to AED 3.67 billion, but it fell short of FAB Securities' forecast. First-half 2026 pro
RBC lifts SKF price target on resilient manufacturing demand
RBC Capital Markets raised its price target for Swedish industrial supplier SKF to 270 kronor from 250, citing a still-busy manufacturing ba
AI optimism lifts tech futures as traders await Fed minutes
US stock futures edged higher as strong AI results from Anthropic boosted chip stocks. Nasdaq futures led with a 0.6% gain, while traders aw
Nvidia's next earnings may matter less than its Rubin roadmap
Morgan Stanley expects Nvidia to deliver another beat-and-raise quarter, but says the real focus is on longer-term drivers like margins, mar
RBC sees Carrefour profits improving as French shoppers return
RBC Capital Markets has reaffirmed its outperform rating on Carrefour, pointing to improving French consumer sentiment and easier year-ago c