By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Hindustan Aeronautics profit up 15% as revenue climbs, dividend proposed
Hindustan Aeronautics posted a 14.9% jump in quarterly profit to 15.9 billion rupees as revenue rose 14.4%. The defense giant also proposed
Ford to move some Lincoln output from China to US by 2030
Ford plans to build some China-made Lincoln models in the US starting in 2030, after tariffs and new connected-vehicle rules changed the cos
Codelco scales back copper output targets to focus on profits
Chile's Codelco, the world's largest copper producer, is stepping back from its 1.34 million-ton output target for this year. New leadership
Telstra extends buyback to A$1 billion after profit rises 3.2%
Telstra reported a 3.2% rise in annual profit to A$2.24 billion, powered by its mobile business. The company extended shareholder returns wi
Cisco's 2027 revenue forecast falls short of AI-driven hopes
Cisco's fiscal 2027 revenue outlook topped Wall Street's number, but the stock dropped after hours. Investors are worried about AI infrastru
Cerebras raises 2026 forecasts as AI inference demand accelerates
Cerebras Systems raised its 2026 revenue and margin forecasts, citing growing demand for AI inference as data centers add capacity. The chip
Canadian yields ease as US inflation cools rate-hike bets
Canadian government bond yields eased and the loonie stayed near a two-month high after softer US inflation data lowered the odds of another
RBC predicts split results for Walmart, Lowe's, and Target this quarter
RBC Capital Markets predicts a split second quarter for US big-box retailers: Walmart and Lowe's may fall short on comparable sales, while T
Nebius stock surges 454% sales growth, squeezing famous short-sellers
Nebius reported a 454% jump in quarterly sales, sending shares soaring and squeezing short-sellers. The AI cloud provider's contract value n
Blackstone weighs scrapping $3B cash-return deal for investors
Blackstone is considering dropping Project Eclipse, a $3 billion debt plan to return cash to investors, after trouble placing the riskiest e
Trian's Peltz reportedly lines up bid to take Wendy's private
Activist investor Nelson Peltz's Trian Fund Management is reportedly lining up a group to take Wendy's private. A bid could come in the next
CoreWeave and Super Micro signal AI server demand still booming
CoreWeave lifted its annual outlook and said near-term capacity is effectively sold out. Super Micro forecast 2027 revenue above Wall Street