By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
EasyJet French cabin crew strike set for August 15-16 amid Apollo takeover
EasyJet's French cabin crew will strike on August 15-16, pressing for better working conditions. The walkout comes as Apollo's £5.70 billion
Kontoor raises profit outlook after solid Q2, names new CFO
Kontoor Brands, owner of Wrangler and Lee, raised its full-year adjusted EPS guidance after a solid fiscal Q2. The company also named Joseph
Stocks edge up, oil cools as investors await July US inflation data
Stocks edged higher and oil prices cooled as investors turned their attention to July US inflation data. The report could shape the Federal
Berenberg trims Henkel price target to €76.50, keeps Hold on volume beat
Henkel's Q2 volumes rose 3.2%, beating expectations, but Berenberg trimmed its price target to €76.50 and kept a Hold rating. The bank says
Tata Motors profit rises 8.3% on truck demand, price hikes
Tata Motors' quarterly profit rose 8.3% as strong truck demand and price hikes offset higher raw material costs. Revenue jumped 23.3%, drive
Godrej Consumer shares plunge 11% as CEO quits unexpectedly
Godrej Consumer Products shares tumbled 11% after CEO Sudhir Sitapati quit unexpectedly, just three months into a new five-year term. The co
CoreWeave and Super Micro show AI compute demand is still tight
CoreWeave lifted its revenue and spending outlook and said near-term capacity is effectively sold out, while Super Micro pointed to stronger
2PointZero's Q2 profit surge boosts FAB Securities' price target
2PointZero Group reported a Q2 net profit of 5.15 billion dirhams, up from 473 million a year ago, driven by a 4.4 billion fair value gain.
Aluminum rally cools as EGA sticks to 2027 restart for Al Taweelah
Aluminum prices pulled back after Emirates Global Aluminium said its Al Taweelah smelter should return to pre-incident output by Q1 2027. Th
ASX 200 slips as CBA flags 15% drop in mortgage applications
Australia's ASX 200 slipped as Commonwealth Bank flagged a 15% drop in mortgage applications, signaling cooling demand. BHP fell late, and i
Oil lifts rubber futures, but China's auto slump caps gains
Rubber futures in Osaka and Shanghai climbed as oil rose on Middle East supply concerns, but weak China auto sales kept gains in check. The
Balfour Beatty lifts profit outlook on strong US and UK demand
Balfour Beatty raised its profit outlook for fiscal 2026 after a strong first half, with underlying operating profit jumping to £153 million