By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Exelon Revenue Rises 10% but Higher Costs Leave Profit a Penny Short of Estimates
Exelon reported Q2 adjusted earnings of 43 cents per share, a penny below analysts' estimates, despite a 10% revenue jump to $5.97 billion.
LKQ cuts profit forecast as European repair demand softens
LKQ cut its full-year profit forecast after a 3.6% drop in parts and services revenue, driven by weaker demand for car repairs in Europe. Th
Crocs stock slides 12% as flat Q3 outlook overshadows strong earnings
Crocs topped Q2 earnings estimates and added $1.5 billion to its buyback plan, but investors focused on a weaker Q3 outlook. The stock fell
Microsoft's steady outlook calms jittery markets after Fed holds rates
US stock futures rose after Microsoft topped expectations and signaled its AI buildout won't require a bigger-than-feared spending surge. Th
Canada Goose beats Q1 estimates but warns of tariff hit ahead
Canada Goose beat first-quarter revenue estimates thanks to lightweight spring and summer gear. But the parka maker warned that new 50% US t
European stocks edge up as Bank of England holds rates steady
European stocks edged higher Thursday after the Bank of England held its key rate at 3.75% on a 6-3 vote, with tech and bank shares leading
Thermax profit plunges 83% as rising costs outpace revenue growth
Thermax reported an 83.4% drop in first-quarter profit as expenses surged 15.8%, far outpacing revenue growth of 6.7%. The results show how
Fertiglobe beats 2Q26 sales forecasts despite Gulf shipping disruptions
Fertiglobe's second-quarter revenue hit $1.09 billion, topping expectations despite shipping disruptions in Gulf trade routes. Higher ammoni
Vedanta names Hindustan Zinc chief as CEO after profit surge
Vedanta has named Arun Misra, head of its Hindustan Zinc unit, as CEO effective August 1. The move comes after the miner reported a 72% rise
Air Products scales back clean energy push, lifts earnings outlook
Air Products beat quarterly profit estimates but took $2.9 billion in charges to exit several clean energy projects. The industrial gas gian
Bombardier's Jet Backlog Hits $21.8 Billion as Cash Flow Turns Positive
Bombardier swung to positive free cash flow of $228 million in the second quarter, fueled by customer deposits on new orders. Its backlog re
Teladoc shares plunge 19% as Q2 revenue misses and 2026 outlook weakens
Teladoc Health's second-quarter revenue fell short of analyst estimates, and the company lowered its 2026 sales outlook. Shares dropped more