By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Samsung's AI chip outlook lifts South Korean stocks 4.7% in sharp rebound
South Korean stocks bounced back sharply, with the KOSPI jumping 4.7% after Samsung Electronics said AI-chip demand remains robust and suppl
Keppel profit jumps 25% on infrastructure and AI data center demand
Keppel's first-half profit rose 25% to S$530 million, powered by a 55% jump in infrastructure earnings and a 54% gain in connectivity, inclu
Samsung's AI chip demand drives 19-fold profit surge despite mobile loss
Samsung's second-quarter operating profit soared 19-fold on booming AI memory chip demand. The mobile business slipped into a loss, but the
Dexus sells Brisbane office tower for AU$700 million, matching June valuation
Dexus has agreed to sell its 480 Queen Street office tower in Brisbane for AU$700 million, with AU$70 million deferred to 2028. The net pric
ASX set to slip as oil surge revives inflation fears and Wall Street falls
Australian shares are poised for a weak open after a spike in oil prices reignited inflation concerns and pulled US markets lower. Investors
Novo Resources partners with Manhattan Gold to drill Tibooburra project in NSW
Novo Resources has teamed up with Manhattan Gold to restart drilling at the Tibooburra gold project in New South Wales. The 2,700-meter prog
Equinix shares dip on weak Q3 outlook despite raising long-term growth targets
Equinix shares dropped 3% after the data center REIT guided third-quarter revenue slightly below analyst estimates. The company raised its l
Everest Group's Q2 profit falls as catastrophe losses and lower premiums bite
Everest Group's second-quarter profit slipped as catastrophe losses rose and the reinsurer wrote less new business. Pre-tax catastrophe loss
Brazilian juice maker The Natural One explores stake sale or full exit
Brazilian juice maker The Natural One has hired Nomura and Itaú BBA to explore selling a minority stake or a full exit. The process could va
Regency Centers lifts 2026 profit forecast as grocery-anchored rents keep rising
Regency Centers, a REIT focused on grocery-anchored shopping centers, raised its 2026 profit forecast after another quarter of solid leasing
Microsoft's Azure growth picks up pace, easing AI spending concerns
Microsoft's latest results show Azure revenue growing 43% and Microsoft 365 Copilot surpassing 30 million paid seats. The numbers suggest th
S&P 500 Hits One-Month Low as Fed Holds Rates and AI Stocks Slump
Wall Street slipped as the Federal Reserve held interest rates steady, with a hawkish tone from three dissenting officials. Chip stocks slid