By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
FTSE 100 set to rise as oil slide continues, miners and mid-caps shine
FTSE 100 futures point to a firmer open as oil extends its slide, weighing on energy stocks but helping other sectors. Miners and mid-caps a
PalmPay in talks to raise $200M at $1B valuation, weighs Hong Kong IPO
PalmPay, a Nigeria-focused fintech, is reportedly in talks to raise about $200 million at a valuation above $1 billion and is weighing a Hon
India expands LIC stake sale to 6.5% after strong investor demand
India's government is selling a larger stake in Life Insurance Corporation after investors subscribed 3.32 times to Tuesday's offer. The ful
Indian shares set to rise as RBI holds rates, inflation in focus
Indian stocks are poised to open higher as the RBI is widely expected to hold rates steady. Investors are focused on Governor Sanjay Malhotr
Neuren royalties jump as Acadia's Daybue sales hit record quarter
Acadia's Daybue sales hit a record $125 million in the quarter, up 30% year over year, boosting Neuren's royalty income. Acadia also raised
Endeavour's A$372M reset hits profit, shares slide 5.5%
Endeavour Group, owner of Dan Murphy's and BWS, flagged A$372 million in mostly non-cash impairment charges as preliminary 2026 underlying p
Oil's slide points to higher open for Australian shares
Oil prices dropped more than 5% on hopes of US-Iran progress, easing supply fears. Australian shares are set to open higher, supported by a
IFF cuts 2026 outlook as shoppers tighten budgets and tastes shift
International Flavors & Fragrances trimmed its 2026 sales and profit outlook after second-quarter revenue and earnings fell short of estimat
SpaceX's first earnings show Starlink strength and AI spend
SpaceX's first earnings as a public company showed April–June revenue nearly doubling to $7.8 billion. Starlink remained the main profit dri
Emerson tops estimates as automation demand offsets Europe's softness
Emerson Electric topped quarterly estimates as demand for industrial automation in North America and Asia offset a slight decline in Europe.
Ternium's Mexico strength drives 80% jump in Q2 profit
Ternium's second-quarter profit jumped about 80% to $465 million, helped by stronger shipments and margins in Mexico. The steelmaker expects
Milky Mist trims IPO to 15.5B rupees after Temasek stake sale
Milky Mist Dairy Food has reduced its IPO to 15.53 billion rupees after selling a 5.16% stake to a Temasek unit. The offer opens August 11-1