By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
BBVA profit rises 11.4% on Mexico strength and lending income boost
BBVA's second-quarter profit climbed 11.4%, fueled by strong performance in Mexico and higher lending income. The results highlight the bank
AB InBev beats Q2 forecasts as World Cup demand boosts beer volumes
AB InBev beat Q2 expectations as its global brands Corona, Stella Artois, and Michelob Ultra grew 17-21% outside their home markets. The bre
Schneider Electric raises 2026 profit target on data center boom, flags currency hit
Schneider Electric raised its 2026 profit growth forecast to 14%-19% as data center demand surges. The company also flagged a €400-500 milli
Rupee Holds Steady Near 95.62 as Fed's Mixed Signals Keep Traders Guessing
India's rupee traded near 95.62 per US dollar on Thursday, as forward premiums slipped and Brent crude stayed close to $89.75 a barrel. The
Copper overtakes iron ore as Rio Tinto and BHP's top profit driver
Rio Tinto and BHP's half-year results mark a turning point: copper contributed more to profit than iron ore. Strong copper prices and flat i
FTSE 100 set to slip after oil-led rally to record high
The FTSE 100 is set to open lower after an oil-stock rally drove it to a record high. Investors are now parsing a £5.9 billion submarine con
China tech stocks slide as AI hardware sell-off deepens
Chinese tech stocks tumbled Thursday as selling pressure hit AI hardware names. Semiconductors and optical transceivers led the drop, and Ho
RBC raises Airbus price target after strong second quarter, but guidance stays put
RBC Capital Markets raised its Airbus price target to €250 from €225 after the planemaker's strong second-quarter results. Airbus kept its 2
African Markets Juggle Fed Pause, Mozambique Rate Hold, and Oil Price Dip
The US Federal Reserve held rates steady, Mozambique kept its policy rate at 9.25%, and oil prices eased as Middle East tensions remained hi
Microsoft earnings shine, Meta mixed as Fed holds rates steady
Microsoft reported a strong quarter driven by cloud growth, while Meta's results were more uneven. The Federal Reserve held interest rates s
Mainland Chinese firms target Malaysia as ASEAN expansion hub, survey shows
A new survey from the Hong Kong Trade Development Council shows 91% of mainland Chinese firms plan to expand into ASEAN. Malaysia is a leadi
Advantest surges 12% on 93.8% profit jump as Japan's chip gear makers shine
Advantest shares surged 12% after the chip-test equipment maker reported a 93.8% jump in net income and raised its long-term outlook. In con