By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Thrive Capital reveals $215 million Amazon stake in AI push
Thrive Capital, the venture firm led by Joshua Kushner, reported owning 904,038 Amazon shares worth $215.5 million as of June 30. The move h
Reddit's S&P 500 Debut Sends Stock Up 14% as Index Funds Prepare to Buy
Reddit is set to join the S&P 500, replacing AvalonBay Communities before trading opens on Aug. 18. The stock jumped 14% on the news, even a
Dynatrace acquires Arize to expand AI observability tools
Dynatrace announced it will acquire Arize, a move analysts say could accelerate its push into AI observability. The stock dipped on Friday d
Eurozone growth accelerates but Middle East worries weigh on European stocks
European stocks slipped even as eurozone Q2 GDP rose 0.4% quarter-on-quarter. Investors kept an eye on Middle East tensions and a wave of co
HawkEye 360 faces busy H2 as RBC sees Middle East, US contracts as catalysts
HawkEye 360 is set for a busy second half as RBC Capital Markets highlights Middle East demand and pending US contract decisions as key cata
Paysafe's iGaming growth holds up, but RBC cuts target to $9
Paysafe's second-quarter update showed steady iGaming-driven sales and a stronger back half, but RBC cut its 2026 EPS estimate and lowered i
Oppenheimer: Home improvement rebound still not here
Oppenheimer says the home-improvement recovery investors are waiting for may still be out of reach. The bank expects Home Depot and Lowe's t
Coach's growth shifts overseas as North America slows, Morgan Stanley says
Morgan Stanley says Coach's North American growth slowed to 10% in Q4, but international sales jumped 23%. The key test is whether overseas
Gold Rises 0.6% as Dollar Dips and Fed Rate Hike Odds Fall
Gold rose 0.6% on Friday as the dollar slipped and new data made a September Fed rate hike less likely. Inflation came in as expected, and J
UAE stocks end mixed as investors look past Hormuz attacks to earnings
UAE stocks finished split on Tuesday, with Abu Dhabi flat and Dubai lower, even as state oil giant ADNOC confirmed attacks on two vessels in
Engine Capital pushes H.B. Fuller to test full sale after unit bid
Engine Capital, a 2% shareholder, wants H.B. Fuller to treat Ancora's $1.1-1.2 billion cash bid for its building adhesives unit as a startin
Asian stocks climb on cooler US inflation, but China lending data caps gains
Asian stocks mostly climbed after a cooler US producer inflation print boosted sentiment, but Hong Kong fell as weak China lending data remi