By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
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
Inditex opens first US Bershka store in Miami, testing physical retail
Inditex has opened Bershka's first US physical store at Miami's Aventura Mall, with a second location planned. The move shifts Bershka from
Balfour Beatty revenue climbs to £4.98bn but profit slips to £97m
Balfour Beatty grew first-half revenue to £4.98 billion, but profit slipped to £97 million. The builder still raised its interim dividend an
South Korean chip stocks jump nearly 9% as AI demand signals firm up
Samsung Electronics and SK Hynix climbed nearly 9% as investors warmed to the AI supply chain. The rally came as Asian currencies softened a
Jefferies cuts SGH price target to AU$43.50 on WesTrac pressure
Jefferies has lowered its price target for SGH to AU$43.50 from AU$46, citing pricing pressure and tougher competition at its WesTrac unit.
Londian Wason prices NYSE IPO at top end, raising $94.3 million
Copper foil maker Londian Wason priced its NYSE IPO at the top of its range, raising $94.3 million. The deal tests US investor appetite for
Nvidia's $500B AI financing plan: what it means for investors
Nvidia is enlisting Wall Street banks to help finance its customers' AI data center build-outs, a $500 billion push that could ease the stra
Oil and copper swings put Africa's markets on alert
Geopolitical tensions pushed oil higher while Congo's export ban jolted copper markets. South Africa watches jobs data as fuel costs rise, a
Palm oil slips as weaker Chinese rival oils weigh on prices
Palm oil futures in Malaysia slipped after two days of gains, as weaker rival oil prices in China pulled the market lower. The move highligh
ASX faces shareholder court bid over abandoned CHESS blockchain rebuild
ASX faces a shareholder-led court bid over its abandoned blockchain-based CHESS replacement. The news sent shares down as much as 2.5% to A$
FleetPartners draws three takeover bids, rejects exclusivity
Australian vehicle-leaser FleetPartners is weighing takeover bids from three suitors after refusing to grant exclusivity. The offers range f
Cava beats Q2 estimates but keeps outlook after food-safety scare
Cava beat Wall Street's second-quarter estimates, with same-restaurant sales up 9%. But July food-safety headlines briefly cooled demand, an