By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
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
Dollar slips as Treasury yields ease after Fed's hawkish surprise
The dollar took a breather Thursday, slipping 0.2% as Treasury yields eased after the Fed's hawkish jolt. Traders still expect more rate hik
Amazon backs AI testing but stops short of slowdown call
Amazon has weighed into the AI safety debate, telling Reuters that powerful models should launch only after rigorous testing and safeguards.
Beretta parent bids $44.80 a share to lift Ruger stake to 25%
Beretta Holding, parent of the Italian gunmaker, has offered $44.80 a share to boost its stake in Sturm, Ruger & Co. to as much as 25%. The
Private equity drives dealmaking from UK insurance to Chelsea FC
From UK insurance brokers to Chelsea FC, a packed day of dealmaking showed where private equity is still willing to put money to work. Bain-
GEA's order pipeline stays strong despite higher rates, Metzler says
Analyst firm Metzler says industrial machinery maker GEA still has a very strong order pipeline despite higher interest rates, and expects 2
Saudi Stocks Flat as Fed and Central Bank Both Hike Rates
Saudi stocks barely moved last week, closing down just 0.02% after both the US Federal Reserve and the Saudi Central Bank delivered quarter-
Oil above $100 and surging bond yields test AI-driven stock rally
Oil has climbed back above $100 a barrel while government bond yields hover near crisis-era highs, reviving inflation worries. Reuters repor