By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
GMR Airports and DIAL plan ₹5,000 crore bond sales to refinance debt
GMR Airports and Delhi International Airport Limited are preparing to sell about ₹5,000 crore in rupee bonds over the next two to three mont
Nikkei slides 1.5% as chip stocks retreat ahead of US tech earnings
Japan's Nikkei 225 dropped 1.49% as chip stocks led a broad selloff. Investors are growing skeptical that Big Tech's huge AI investments wil
How to Build a Portfolio for a Power-Law Market: Insights from Powerlaw Corp
Most stocks never move the needle, but a power-law portfolio can help you capture the winners. Powerlaw Corp (Nasdaq: PWRL) explains how to
Why Most Stocks Underperform and How to Own the Winners in a Power-Law Market
In today's markets, almost all wealth creation comes from a handful of outlier stocks. Powerlaw Corp explains why this power-law dynamic is
Rand Holds Steady Near 16.7050 as Fed Decision and Middle East Tensions Loom
South Africa's rand held near 16.7050 per US dollar as markets focused on the Federal Reserve's upcoming rate decision and rising Middle Eas
HBX Group tightens full-year outlook after strong third quarter as travel routes reopen
HBX Group raised the low end of its transaction value growth forecast to 13% and trimmed its revenue range after a strong third quarter. The
European stocks edge higher as oil rally lifts energy and mining shares
European stocks inched higher as a surge in oil prices boosted energy and mining shares, while technology stocks slipped. Investors are focu
Dubai Aerospace Enterprise H1 profit rises to $229.9 million on aircraft acquisitions
Dubai Aerospace Enterprise posted $229.9 million in pre-tax profit for the first half of the year. Lease revenue rose as the company added n
Danone beats Q2 forecasts, keeps 2026 growth target as baby formula recovery takes hold
Danone reported better-than-expected second-quarter sales, driven by a recovery in its specialized nutrition business after a European baby
South Korea's KOSPI plunges 12.6% as leveraged AI chip bets unwind
South Korea's KOSPI index briefly plunged 12.6%, triggering a 20-minute trading halt, as a leveraged unwind hit AI chip favorites. The sell-
Reckitt Beats Sales Forecasts on Emerging Markets Strength, Launches £500 Million Buyback
Reckitt's second-quarter sales beat forecasts, driven by 9.4% growth in emerging markets. The company also launched a £500 million share buy
Telefónica lifts 2026 cash flow target after strong Q2 from Spain and Brazil
Telefónica raised its 2026 cash flow target after a strong second quarter. Adjusted EBITDA rose 6.4% to €2.93 billion, driven by Spain and B