By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
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
Brazil's real and stocks slide as election and rate worries return
Brazil's currency and stocks slid as investors worried about sticky inflation and election uncertainty, dragging the regional index down 2.4
Oracle to Offer Quantinuum's Helios Quantum Computer on Its Cloud
Oracle and Quantinuum have struck a multi-year deal to bring Quantinuum's Helios quantum computer to Oracle Cloud Infrastructure. Customers
Back-to-school sales are strong, but retail stocks aren't celebrating
Redbook's same-store sales rose 8.3% year-over-year, signaling strong back-to-school demand. Yet consumer ETFs slipped, Best Buy gained on a
Oil climbs as Hormuz closure persists; stocks dip ahead of US inflation data
Oil prices climbed again as the Strait of Hormuz remained closed, keeping geopolitical risk elevated. Global stocks edged lower as investors
NIQ shares soar 38% as data firm beats Q2 and lifts 2026 outlook
NIQ Global Intelligence shares surged 38% after the consumer-data firm topped Q2 estimates and lifted its 2026 profit and revenue outlook. T
Guidance shocks send three stocks down 21%-32% in one day
Three companies—Cardinal Infrastructure, Life360, and On Holding—saw their shares plunge 21% to 32% on Tuesday. Deal terms, user-growth conc
TJX may lift full-year outlook after steady summer sales, UBS says
UBS expects TJX's Aug. 19 results to land near Wall Street targets, with EPS of $1.19 and revenue of $15.16B. Steady summer demand could pro
Lionsgate faces activist pressure to embrace AI or sell
Anson Funds is pushing Lionsgate Studios to reshape for the AI era or explore a sale, according to Semafor. Shares fell 2.9% on the news. He
eBay's Depop Deal Targets Younger Shoppers as Growth Cools
eBay's purchase of Depop is a small deal with a clear goal: attract younger shoppers to its resale marketplace. But UBS notes the company's
European stocks hit record highs as earnings growth accelerates
European stocks are rallying hard, with the Stoxx Europe 600 up more than 10% this year and hitting record highs. Strong earnings growth acr