By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Ari Emanuel's MARI Group to buy ATG Entertainment for £4.5B
MARI Group, Ari Emanuel's live-events company, is acquiring ATG Entertainment, which operates around 70 venues, for roughly £4.5 billion. Th
Presight AI holds growth targets after Q2 profit surge
Presight AI reported a strong Q2 with revenue of AED 713.2 million and net profit of AED 116.8 million. The Abu Dhabi firm reaffirmed its me
Bumble abandons women-first messaging as paying users fall 16%
Bumble is scrapping its signature women-message-first rule and extending reply windows to 72 hours after paying users fell 16.4%. The move a
Baltic Dry Index slips as panamax rates hit 10-day winning streak
The Baltic Dry Index slipped again, but panamax shipping rates extended their winning streak to ten sessions, reaching their highest level i
CME plans 24/7 silver futures trading after gold weekend success
CME Group wants to offer 24/7 trading for its 100-ounce silver futures starting in September, pending regulatory approval. The move follows
River AI raises $1.1B to help companies train and own their AI models
River AI, founded by xAI co-founder Igor Babuschkin, raised $1.1 billion to help companies train and own AI models on their own data. The ro
India proposes opening commodity derivatives to foreign investors
India's markets regulator wants to allow foreign investors into physically settled commodity derivatives, but with a rule that they exit or
Stocks edge higher as US-Iran talks complicate Hormuz outlook
US stocks opened modestly higher, but investors stayed cautious as US and Iranian demands made a quick deal on the Strait of Hormuz look les
RBC names Thales a top European defense pick on 15% growth outlook
RBC Capital Markets has initiated coverage of Thales with an outperform rating, calling it a top pick in European defense. The bank highligh
H&R REIT to break up in C$6.7B deal, splitting US apartments from rest
H&R Real Estate Investment Trust has agreed to a C$6.7 billion breakup deal. GO Residential REIT will acquire the US apartment portfolio, wh
Alcon raises 2026 profit outlook as tariff hit shrinks
Alcon now expects 12%-15% core EPS growth in 2026, up from 10%-13%, thanks to a smaller tariff hit and a US refund due in Q3. Sales growth o
Sea's Shopee drives revenue beat as e-commerce and fintech surge
Sea's quarterly revenue hit $7.79 billion, beating forecasts as Shopee's e-commerce jumped 48.9% and digital financial services grew 58.9%.