By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Zimmer Biomet raises profit outlook as US sales revamp gains traction
Zimmer Biomet delivered another strong quarter, beating analyst estimates and raising its full-year profit outlook. The orthopedic-device ma
Uber's Q3 outlook misses on FX headwinds and robotaxi spending plans
Uber topped second-quarter bookings expectations, but its third-quarter profit forecast came in light. Currency swings are clipping growth,
Asia stocks jump as oil slides on hopes of Hormuz reopening
Japan's Nikkei jumped 3.7% as Brent crude slipped toward $81 a barrel on hopes the Strait of Hormuz could reopen. Cheaper oil is a relief fo
Toy Story 5 lifts Disney's parks, streaming, and merchandise in June quarter
Disney's June quarter showed a hit franchise can lift more than box office: Toy Story 5 boosted parks, streaming, and merchandise. Revenue r
Nairobi exchange plans East Africa's first AI ETF in shillings
Kenya's stock exchange is working on East Africa's first AI-focused ETF, targeting a shilling-denominated listing before year-end. The excha
Carlyle's deal fees surge 110% as second-quarter earnings rise 18%
Carlyle's second-quarter results show it can still profit from dealmaking even as high interest rates slow the traditional buy-and-sell cycl
Siemens Healthineers faces 2027 earnings squeeze, Bernstein warns
Siemens Healthineers' guidance upgrade is mostly a one-off US tariff refund, Bernstein says. The bank sees a 2027 earnings squeeze from high
Singapore shares slip 0.6% even as June retail sales rise 4%
Singapore's benchmark index slipped again, even as retail sales climbed 4% in June. Meanwhile, UOB agreed to sell its asset management arm t
UK EV Sales Hit Record 27.5% Share, But Discounts May Not Last
UK battery EVs took a record 27.5% of new-car registrations in July, but the industry warns that growth is being driven by deep discounts th
S4 Capital lifts profit margin target after cost cuts, trims revenue outlook
S4 Capital raised its full-year profit margin target after aggressive cost cuts lifted first-half profit and reduced debt. The digital ad gr
Meiji's profit jumps 51% as candy sales stay strong
Meiji Holdings' fiscal first-quarter profit jumped 51% to 15.3 billion yen, helped by steady candy sales. The company kept its dividend unch
Shanghai stocks climb 1.5% as oil slides on Hormuz talks progress
The Shanghai Composite gained 1.5% as Brent crude slid to about $79 a barrel on hopes that mediators are making headway in US-Iran talks. Lo