By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Morgan Stanley Raises Nasdaq Earnings Forecasts on AI, Tokenization, and Extended Trading
Morgan Stanley raised its earnings forecasts for Nasdaq after a strong quarter, pointing to AI, tokenization, and a planned 23/5 US equities
CATL Q2 Profit Surges 36.5% as Energy Storage Demand Offsets EV Slowdown
CATL reported a 36.5% rise in Q2 net profit, driven by strong energy storage demand that offset a slower EV market. Revenue jumped 56.9% as
Berenberg Raises Fresnillo Forecasts After Strong Gold Output, Keeps Hold Rating
Berenberg raised its forecasts for Fresnillo after a stronger-than-expected Q2 production update for gold and base metals. The bank kept a H
Tata Consumer Products Profit Jumps 27.8% on Strong Coffee and Packaged Food Sales
Tata Consumer Products' quarterly profit rose 27.84% year-on-year, beating estimates, as its India branded business saw 13% volume growth. R
Tasheel's Q2 Profit Misses Forecasts as Higher Costs Bite; AlJazira Capital Stays Overweight
Tasheel reported a weaker-than-expected Q2 net profit of 48.2 million riyals, missing analyst estimates by about 23%. Higher operating costs
Hong Kong Stocks Slide 1% as Oil Jitters and New US Tariffs Rattle Markets
Hong Kong stocks slipped 1% on Friday as investors grappled with two headwinds: volatile oil prices from Middle East tensions and new US tar
HCLTech Invests $1.48 Billion in First AI Data Center with Sarvam AI in Odisha
HCLTech is spending $1.48 billion on its first AI data center in Bhubaneswar, Odisha, partnering with startup Sarvam AI. The facility will o
SK Chairman's Divorce Ruling Preserves Control, Stock Falls 4%
A Seoul High Court divorce ruling requires SK Group Chairman Chey Tae-won to pay 944 billion won in cash to his ex-wife, but he keeps his 17
SGS Cuts Middle East Staff to Protect Margins Amid War-Related Slowdown
SGS, the Swiss testing and inspection firm, cut staff in the Middle East after war-related disruption slowed local demand. The company reaff
Dollar Holds Firm as Oil Above $100 and Tariffs Fuel Inflation Fears
The US dollar held near a three-week high as Treasury yields climbed, with the 10-year topping 4.7%. Oil prices above $100 and fresh US tari
FTSE 100 Futures Dip as Oil Above $100 Keeps Inflation and Rate Worries Alive
FTSE 100 futures slipped 0.3% as Brent crude oil held above $100 a barrel for a fourth straight weekly rise. The persistent energy price str
South Korea's Bonus Backlash Spreads Beyond Samsung to Hyundai, Kakao
Reports of massive bonuses at Samsung Electronics have sparked a broader labor movement in South Korea. Unions at Hyundai Motor and Kakao ar