By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Morgan Stanley lifts Grindr target after Q2 beat, sees 2026 raise
Morgan Stanley raised its Grindr price target after a 4% Q2 revenue and EBITDA beat. The bank also highlighted AI tools that are boosting en
TSX edges up as weak US jobs data lifts gold miners
Canada's main stock index edged higher Friday as a weaker-than-expected US jobs report sent gold prices up 2.3% and lifted mining shares. Th
Morgan Stanley sees Monster Beverage margins improving by 2027
Morgan Stanley says Monster Beverage's margins could improve faster than expected in 2027, once aluminum costs and geographic mix pressures
Asian ADRs edge higher as tech names lead, Uxin jumps 27.6%
Asian stocks trading in the US as ADRs edged higher Friday, with the S&P Asia 50 ADR Index up 0.51%. Tech names led, including Uxin (+27.6%)
What happens if the AI trade doesn't fade? A 'mother of all rotations'
The AI trade has been a crowded bet on chipmakers. But if AI keeps delivering, the next winners may be entirely different companies—and the
US stocks set to rise as surprise July job losses cool rate-hike bets
Wall Street pointed to a higher open after July payrolls unexpectedly fell by 23,000. Traders slashed odds of a September Fed rate hike to a
Flynas narrows Q2 loss more than expected, Riyad Capital upgrades
Flynas reported a narrower-than-expected Q2 net loss of 241 million riyals, down from 863 million a year ago. Riyad Capital upgraded the sto
Ola Electric narrows quarterly loss as scooter deliveries climb
Ola Electric trimmed its quarterly net loss to 3.36 billion rupees as electric scooter deliveries climbed and last year's restructuring cut
US stock futures edge up as investors await July jobs report
US stock futures edged higher Friday as investors awaited the July jobs report, with unemployment expected to hold at 4.2%. Traders also mon
JBS and Indonesia's wealth fund launch $2.5B Asia protein venture
Brazilian meatpacker JBS is teaming up with Indonesia's sovereign wealth fund to create a new Asia-Pacific protein venture. The deal brings
Canada stocks edge higher as traders await key jobs data
Canadian stocks edged higher Friday as traders positioned ahead of simultaneous US and Canadian jobs reports. The data could influence wheth
Pay by bank hits 120 million users as open banking goes mainstream
Swedish fintech Trustly says it now has 120 million users worldwide, including 15 million in the UK. The surge shows open banking payments a