By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Saudi Stocks Edge Up as US Backs Civil Nuclear Pact, Awaiting Congress Review
Saudi stocks edged higher after the US and Saudi Arabia signed a civil nuclear cooperation pact. The Tadawul index gained 0.27% as the deal
Harley-Davidson Lifts Sales Forecast Despite Profit Drop on Higher Costs
Harley-Davidson's second-quarter profit fell to $80 million as revenue dropped 6%, but the bike maker raised its annual sales forecast. High
I Squared Capital and Saudi Tabreed Join Forces for $500M Riyadh Cooling Deal
I Squared Capital and Saudi Tabreed have teamed up to bid for King Abdullah Financial District's district cooling assets in Riyadh, valued a
Roper Technologies Lifts Full-Year Forecast After AI Features Boost Demand
Roper Technologies raised its full-year adjusted EPS forecast to $22.15-$22.30 after another quarterly earnings beat. The company credited m
Albertsons Slashes Outlook as Inflation-Weary Shoppers Trade Down to Cheaper Brands
Albertsons lowered its full-year outlook after shoppers traded down to cheaper brands and bought fewer items. The grocer now expects identic
McCormick’s $45B Unilever Foods Deal to Add London Stock Exchange Listing
McCormick will maintain its primary NYSE listing while adding a secondary listing on the London Stock Exchange for its $45 billion combinati
Elon Musk Proposes AI Industry Peer Reviews to Self-Regulate Frontier Models
Elon Musk wants top AI labs to regularly peer-review each other's most advanced systems before release. He says government should only step
IBM Acquires HRL Laboratories to Add Second Quantum Computing Approach
IBM is acquiring HRL Laboratories, a quantum research lab owned by Boeing and General Motors, to diversify its quantum computing technology.
Coffee Prices Dip as Indonesia's Robusta Harvest Floods Market, but Supply Squeeze May Be Brief
Robusta coffee futures slipped to a two-week low as fresh Indonesian beans hit the market. The USDA projects record global coffee output nex
WallStreetBets Favorites Diverge: ServiceNow Surges 7.5%, Tesla Slides 6% Premarket
ServiceNow surged 7.5% premarket after stronger Q2 results, while Tesla dropped 6% on weaker adjusted earnings. The split highlights how ear
IndiGo Posts ₹3.82 Billion Loss as Jet Fuel Costs Surge 86% and Rupee Weakens
IndiGo reported a ₹3.82 billion loss for the June quarter, reversing a year-ago profit, as jet fuel costs surged nearly 86% and a weaker rup
Thermo Fisher's Strong Quarter Signals Life Sciences Rebound
Thermo Fisher Scientific reported a strong second quarter, with revenue up 10% to $11.99 billion. The results, led by nearly 12% growth in l