By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
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
Canada's July bond trading slowdown is seasonal, National Bank says
Canadian bond trading cooled in July, but National Bank says it's mostly the usual summer slowdown. Foreign investors set a record 26% share
Databricks raises $5B at $190B valuation to expand AI tools
Databricks has raised $5 billion at a $190 billion valuation, up from about $134 billion six months earlier. The funds will support its push
Morgan Stanley lifts Applied Aerospace target to $24 despite weak Q2
Morgan Stanley raised its price target on newly public Applied Aerospace & Defense to $24, even after the company's first post-IPO quarter s
Target's sales recovery gains traction as Q2 earnings approach
Morgan Stanley forecasts Target's Q2 comparable sales to rise 3%, a slower but steady pace after Q1's 5.6% jump. The bank says the next leg
TSX nears record as US producer inflation cools, easing rate fears
Canada's main stock index hovered near a record after a softer US inflation reading. July producer prices rose 4.7%, less than the 4.9% econ
Soft July PPI data pushes dollar lower, trims Fed hike odds
July producer prices came in flat, and markets trimmed the odds of a September Fed hike to 31%. The softer inflation data pushed the dollar
Gold slips from $4,500 as steady PPI cools Fed rate-hike bets
Gold slipped from $4,500 as a steady July PPI reading cooled expectations for a September Fed rate hike. Bullion stabilized near $4,386, wit