By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Royal Caribbean trims 2026 revenue view but lifts profit forecast on strong onboard spending
Royal Caribbean lowered its 2026 revenue growth forecast to about 9% from 10%, citing geopolitical tensions on select itineraries. However,
Pentair sales drop 17% on pool destocking, but $1.4B Taco deal stays on track
Pentair reported a 17% drop in second-quarter sales as pool distributors worked through excess inventory. The company reaffirmed its full-ye
Coca-Cola raises full-year forecasts as zero-sugar sodas and Fairlife milk drive growth
Coca-Cola raised its full-year revenue and profit forecasts after second-quarter comparable revenue rose 6% to $13.37 billion, topping analy
UPS beats Q2 estimates, raises 2026 revenue target as Amazon pullback ends
UPS beat Wall Street's Q2 estimates and raised its 2026 revenue target. The company said its planned pullback in Amazon volumes is now compl
UPM-Kymmene slides on weak pulp prices, but Berenberg lifts target
Finnish forest-products company UPM-Kymmene slid after a tough second quarter. Berenberg kept a hold rating but raised its price target to €
TransUnion beats Q2 estimates but Q3 profit outlook disappoints investors
TransUnion beat Wall Street's Q2 profit and revenue estimates, but its Q3 profit outlook fell short of analyst expectations. The stock dippe
Fitch Warns AI Boom Could Become a Credit Risk for Markets and Economy
Fitch Ratings warns that the AI boom is becoming a credit risk. Big debt-funded spending and high valuations could unwind, tightening financ
Singapore Airlines posts first quarterly loss since 2022 on soaring fuel costs
Singapore Airlines reported a S$76 million net loss for the first quarter, its first quarterly loss since 2022, even as revenue hit a record
Singapore stocks dip as AI spending doubts spread across Asia
Singapore stocks slipped as regional AI spending concerns weighed on sentiment. The STI fell 0.1%, but Keppel surged nearly 3% after surpass
RBC Raises Schindler Earnings Forecasts on Order Growth, Holds Rating
RBC Capital Markets has raised its earnings estimates for elevator maker Schindler through 2028 after the company reported a third straight
RedNote's Hong Kong IPO faces scrutiny over VIE structure
A former employee's complaint is pushing Hong Kong regulators to scrutinize the variable interest entity (VIE) structure many Chinese tech f
TTK Prestige profit doubles on India's induction cooktop boom
TTK Prestige reported first-quarter profit more than doubled to 593.3 million rupees, driven by strong demand for induction cooktops and pre