By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Airbnb tops Q2 estimates, raises 2026 outlook on World Cup boost
Airbnb topped second-quarter revenue expectations and lifted its 2026 outlook, powered by a World Cup-driven surge in first-time users. Grow
NZME buys Stuff's Petone print gear to cut costs
NZME is buying print equipment from rival Stuff's Petone site to run its papers more efficiently. The NZ$15 million investment is expected t
Roku's ad business shines ahead of Fox's $22 billion takeover
Roku's second-quarter revenue topped expectations as FIFA World Cup ads and subscription growth lifted results. The company is awaiting Fox
Kirin to buy Jamieson Wellness for C$2.5 billion in cash deal
Kirin Holdings will buy Jamieson Wellness for C$2.5 billion, paying C$45.75 per share in cash. The deal, a 27% premium to the stock's recent
Republic Services beats Q2 profit estimates on higher prices
Republic Services topped Wall Street's Q2 profit expectations and lifted its annual revenue outlook, relying on higher prices for trash pick
TSX slips as tech, consumer stocks fall and oil climbs on Hormuz fears
Canada's main stock index slipped Thursday, dragged by tech and consumer stocks, while oil prices climbed to $77.29 a barrel on fresh Strait
Instacart's Strong Forecast Shows Deal Hunters Still Pay for Delivery
Instacart expects a stronger-than-expected third quarter, with GTV of $10.30-10.55 billion and adjusted profit of $320-340 million, both abo
Instacart raises Q3 outlook as deal-hunting shoppers keep spending
Instacart expects a stronger-than-expected third quarter, projecting $10.30-$10.55 billion in gross transaction value and $320-$340 million
Aeva's data center push could bring billions in revenue, Oppenheimer says
Aeva Technologies is carving out a new Optical Connectivity division for data centers after signing a development deal with a major cloud pr
FCC votes to scrap 39% TV ownership cap, paving way for station consolidation
The FCC voted 2-1 to scrap the 39% cap on national TV station ownership, potentially opening the door to more consolidation. Critics argue o
Dutch Bros stock drops 18% as Q2 sales miss high bar
Dutch Bros delivered solid Q2 results, but same-store sales growth of 5.8% fell short of the ~7% some investors wanted. A softer Q3 outlook
Dynatrace beats Q1 estimates as AI customers drive higher platform usage
Dynatrace reported better-than-expected fiscal Q1 results, with annual recurring revenue up 17% on a constant-currency basis. RBC says custo