By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Japan's bond yields dip as investors await BOJ rate decision and Ueda's cues
Japanese government bond yields slipped Friday as investors braced for the Bank of Japan's widely expected rate move to 1.25% and sought clu
OpenAI launches Astra for Law to embed AI in legal work
OpenAI has launched Astra for Law, a legal-specific version of its GPT-6 Astra model bundled with US legal materials and integrations with t
YETI's 2030 growth targets lift consumer stocks, Lucid jumps 6%
YETI climbed 3.3% after unveiling growth targets through fiscal 2030, boosting consumer stocks. Lucid jumped more than 6% as it wrapped up i
Blackstone and Apollo rise on new deal momentum
Blackstone is preparing a secondary sale in its $57.7 billion property fund, while Apollo is in talks with SoftBank to expand an OpenAI-link
Founders Metals secures full ownership of Suriname gold project
Founders Metals now owns 100% of its Antino Gold Project in Suriname after buying out the remaining 30% for $17 million and stock. Meanwhile
Tech and chip stocks lead rally as Treasury yields slide
US stocks rose as Treasury yields fell after the Fed reiterated its inflation fight. Tech led the way, with the QQQ ETF up 1.7% and semicond
Stocks rebound as traders question Fed's hawkish signal
Stocks steadied Thursday after a Fed-driven wobble, as Treasury yields slipped and traders questioned how hawkish the central bank really is
Emulate, a DeepMind spinout, nears $700M raise at $3.7B valuation
Emulate, a British AI startup founded by former DeepMind researchers, is reportedly close to raising up to $700 million at a $3.7 billion va
10-Year Treasury Yield Hits 5% Again, But Options Signal Calmer Ride
The 10-year Treasury yield is back at 5%, but options traders see a calmer path than the last time. Implied volatility is much lower, as the
RBC Sees Kraft Heinz Returning to Growth by 2027
RBC Capital Markets believes Kraft Heinz can return to organic sales growth by 2027, driven by a roughly $700 million reinvestment in its US
BofA: HawkEye 360 selloff is a valuation reset, not a demand problem
HawkEye 360 shares have tumbled with other space-and-defense stocks, but BofA sees the drop as a valuation reset, not a demand slowdown. The
StandardAero's margin gains are real but slow, BofA trims target
StandardAero is making progress on profitability, with Q2 adjusted EBITDA margin up to 14.4% and higher free cash flow guidance. But Bank of