By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Gold pulls back from two-month high as profit-taking meets cooler Fed bets
Gold pulled back from a two-month high as profit-taking and softer US inflation data cooled expectations for a September Fed rate hike. Cent
Baby Bunting shares jump 25% on record sales and FY27 profit guidance
Baby Bunting shares jumped as much as 25.7% after the baby goods retailer reported record annual sales and guided to FY27 profit of A$19-21
Olam's profit surge driven by one-off deals, not core business
Olam Group reported a nearly sixfold jump in first-half profit, but the surge was powered by one-off gains from asset sales. Excluding those
Mark Walter pledges Guggenheim stake to raise cash for insurers
Billionaire Mark Walter is seeking multibillion-dollar funding to bolster two insurers he controls, Delaware Life and Clear Spring. Bloomber
Anthropic IPO chatter, Cisco slide, Sandisk jump split tech stocks
Tech stocks moved in opposite directions as Anthropic's IPO chatter emerged, Cisco dropped on a services shortfall, and Sandisk climbed on l
OpenAI's chief revenue officer exits after months as AI firm revamps sales
OpenAI's chief revenue officer Denise Dresser is stepping down after just months in the role. Dali Rajic will take over as the company works
Zetwerk's IPO: Most New Funds Will Go to Paying Down Debt
Zetwerk's updated IPO filing shows most of the 26 billion rupees raised will repay debt, not fund expansion. That shifts the story from grow
SalesCloser expands AI agents to video demos for OCAL Financial
SalesCloser Technologies has signed OCAL Financial to use its AI agents beyond voice calls, adding video and screen-shared demos. The agents
RBC lifts Nexxen price target to $13 on CTV growth and AI tools
RBC Capital Markets raised its price target on Nexxen to $13 from $11 after a strong Q2. The bank cites connected TV growth and new AI tools
Europe's brutal summer creates long-term investing opportunities
Europe's extreme summer is hurting businesses, from shipping to nuclear power. But the push to adapt is creating long-term opportunities for
AMD plans $4-5 billion bond sale across four maturities
AMD is tapping the bond market with a four-part debt deal to raise $4-5 billion. The chipmaker may use the funds for general corporate needs
DAX slips as Hormuz tensions keep oil near $89; RWE jumps on results
Germany's DAX slipped 0.15% as eurozone factory output held steady in June. But oil stayed near $89 as US and Iran traded claims over the St