By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
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
DuPont narrows 2026 sales outlook on softer Middle East water demand
DuPont tightened its 2026 sales range, citing softer Middle East water demand, but lifted its full-year profit and EPS forecasts after a str
Dangote refinery's $5B IPO could be Africa's largest listing
Aliko Dangote's Lagos refinery is targeting a $5 billion IPO on the Nigerian Exchange, which could be Africa's largest listing. Other Africa
Cummins sales rise on AI data center demand, but profit misses
Cummins reported strong second-quarter sales, driven by steady generator demand from AI data centers and a healthier North American truck ma
NRG Energy profit misses as interest costs balloon after $12B deal
NRG Energy's second-quarter profit fell short of Wall Street expectations as its interest bill swelled to a $310 million loss. The utility i
Gartner's conference rebound drives strong quarter, lifts profit outlook
Gartner's conference business surged 15.5% in the second quarter, powering a strong earnings beat. The company raised its full-year profit o
Kimco Realty raises full-year outlook on strong shopping center leasing
Kimco Realty raised its full-year outlook after strong leasing at its grocery-anchored shopping centers helped it beat Q2 revenue and FFO es
Attovia upsizes IPO to $731.5M valuation as biotech listings regain traction
Attovia Therapeutics has upsized its IPO, now targeting a $731.5 million valuation. The move signals that investor appetite for biopharma li
India's Sensex slips 0.27% as traders await RBI rate decision
India's Sensex fell 0.27% and the rupee held near 95.38 per dollar as traders awaited the RBI's policy call. A new closing-auction setup for
Tower Semiconductor's AI-driven forecast beats Wall Street estimates
Tower Semiconductor forecast third-quarter revenue of about $520 million, beating Wall Street's $490 million estimate. The contract chipmake
BioNTech cuts 2026 sales forecast as COVID vaccine demand fades
BioNTech lowered its 2026 revenue forecast to €1.6-1.9 billion, citing weaker COVID vaccine demand and delayed milestone payments. Second-qu