By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
P&G to buy supplement maker Thorne for $3.8 billion
Procter & Gamble is buying supplement maker Thorne for $3.8 billion, adding to its lineup of wellness brands. The deal signals big consumer
Palo Alto Networks heads into Q4 results with strong subscription growth, Oppenheimer says
Oppenheimer analysts say Palo Alto Networks is on track to grow its next-generation security annual recurring revenue by more than 60% in fi
Loonie slips to six-day low as oil drops and US tariffs loom
Canada's dollar slipped to a six-day low even as June's trade surplus hit a four-year high. A 5.7% drop in oil and fresh US tariff worries w
SK Hynix US shares jump 5% as analysts turn bullish on AI memory
SK Hynix's US-listed shares jumped 5% after at least six brokerages initiated coverage with bullish ratings. Analysts point to the company's
European ADRs rise as tech leads, Sequans jumps 11%
European ADRs rose 0.6% Tuesday morning, led by tech stocks. Sequans jumped 11% while Smith & Nephew dropped 5.8%. Here's what's driving the
Blackstone weighs $36B debt deal to fund Anthropic's Google chip leases
Blackstone is sounding out investors on a financing package that could exceed $36 billion to help Anthropic cover long-term leases of Google
CIBC holds firm on stronger loonie, flags tariff and Middle East risks
CIBC maintains its call for a gradually stronger Canadian dollar, citing a softer US dollar and steady Fed rates. But tariff negotiations ah
McDonald's US sales growth falls short as value push fails to connect
McDonald's US comparable sales rose only 0.8% in the second quarter, missing expectations as its value push failed to resonate. The company
Berenberg cuts Sobi target to SEK560, flags three long-term risks
Berenberg lowered its price target for Sobi to SEK560 from SEK575, highlighting three key risks: Doptelet erosion, Roche's next-gen hemophil
WW Grainger lifts 2026 profit outlook as repair demand offsets cautious spending
WW Grainger beat quarterly expectations and raised its 2026 profit forecast as companies spend more on repairs instead of new equipment. Sha
CoreWeave expands AI cloud to Indonesia with three data centers
CoreWeave is entering Asia Pacific with three data centers in Indonesia, supported by 360 megawatts of contracted power. The move highlights
Saudi stocks edge up as PMI shows private sector still expanding
Saudi stocks edged higher as Riyad Bank's PMI held above the 50 growth mark in July, signaling continued private-sector expansion. Aramco sl