By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
PayPay and Seven & i Near Deal to Link Loyalty Points Across 100 Million Users
SoftBank-backed PayPay and Seven & i Holdings are in advanced talks to link customer data and run a shared loyalty-points system. The deal c
India's Nifty 50 Falls for Fourth Day as Oil Above $98 Stirs Inflation Fears
India's Nifty 50 index fell for a fourth consecutive session as escalating Middle East tensions pushed crude oil above $98 a barrel. The ris
AMD Unveils Helios Racks and Venice CPU to Challenge Nvidia in AI Inference
AMD is launching new AI data center hardware, including Helios server racks and a Venice CPU, to compete with Nvidia in inference computing.
Talanx on Track to Beat 2026 Profit Target, Berenberg Says
Berenberg analysts say Talanx is on track to beat its 2026 profit target of around €2.7 billion. Strong quarterly earnings and a growing cla
Asian Chip Stocks Lift Emerging Markets Despite Oil Surge and Rate Decisions Ahead
Emerging-market stocks gained Thursday, led by a rally in Asian chipmakers after Alphabet and Tesla signaled higher AI spending. The advance
Yansab's Q2 Profit Hits SAR259 Million, Highest Since 2022 on Strong Margins
Yansab reported its best quarterly profit since Q2 2022, with net income reaching SAR259 million. Higher selling prices and a 28.4% gross ma
Stora Enso Shares Slide 11% After Q2 Profit Miss, Warns of Unpredictable Q3
Stora Enso's Q2 adjusted operating profit of €160 million missed the €173.7 million consensus, sending shares down 11%. The company warns th
Thales Orders Surge 21% to €12.47B as Europe's Defense Spending Accelerates
Thales saw first-half 2026 orders soar 21% to €12.47 billion as Europe's defense spending surge fueled contract wins. The French defense gro
European Tech Stocks Slide as Oil Surges Past $96 Ahead of ECB Decision
The STOXX 600 fell 0.5% as chipmakers sank after earnings, while Brent crude rose above $96 a barrel after fresh US strikes and Red Sea tank
Cipla's Profit Falls 39% as US Drug Sales Slump and Supply Disruptions Persist
Cipla's first-quarter net profit fell 39% to 7.89 billion rupees, missing analyst estimates, as US oncology sales weakened and supply disrup
Adani Group Weighs Launch of New Airline to Challenge IndiGo and Air India
Adani Group, already a major airport operator, is reportedly exploring a new airline to take on IndiGo and Air India. The move would integra
STMicroelectronics Q3 Revenue Forecast Misses Estimates Despite Demand Recovery Signs
STMicroelectronics sees chip demand returning but its Q3 revenue forecast of $3.70B fell just short of the $3.72B consensus. The company poi