By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Nestlé Raises Sales Outlook, Forms €3 Billion Water Joint Venture with Platinum Equity
Nestlé beat second-quarter organic sales expectations and raised its full-year growth outlook to 3%-4%. The food giant also announced a 50-5
Asia Markets Split: South Korea AI Rally Outshines Cautious ASEAN
Asian markets diverged Thursday as South Korea's AI chip rally lifted its benchmark 4.2%, while ASEAN and Taiwan held back on oil-price worr
Givaudan Beats Q2 Sales Forecasts on Fragrance Strength, Warns on 2026 Costs
Swiss scent-and-taste maker Givaudan beat second-quarter organic sales forecasts, driven by a 7.1% jump in fragrances. However, the company
Alphabet Q2 Earnings Beat, US Threatens 100% Tariffs on Generic Drugs
Alphabet reported solid second-quarter earnings, easing fears about AI costs. Meanwhile, the US is threatening 100% tariffs on foreign-made
China's Yuan Rises for Fourth Week as PBOKeeps Fixing Firm Amid Dollar Strength
China's yuan notched a fourth consecutive week of gains on Thursday, supported by a firm daily fixing from the People's Bank of China. The m
Austral Gold Shares Drop 8% After Guanaco Mine Plan Reveals High Costs
Austral Gold released a four-year mine plan for its Guanaco operation in Chile, valuing it at $192.1 million after tax. But shares fell 8% a
ASX Hits Near Five-Week High as Mining and Real Estate Lead Ahead of Jobs Data
The S&P/ASX 200 climbed 1.1% to 8,918.8, its highest since June 18, driven by mining and real estate stocks. Investors are focused on upcomi
Maritana Minerals Builds Worker Camps to Ramp Up Drilling at Black Swan Hub
Maritana Minerals is building worker housing for its Black Swan processing hub near Kalgoorlie. A 57-room temporary camp opens in August, fo
Google Cloud Revenue Surges 82% to $24.8B, Lifting Alphabet Past Q2 Sales Estimates
Alphabet topped Wall Street sales expectations thanks to Google Cloud revenue surging 82% to $24.8 billion. AI demand is fueling cloud growt
Segro Weighs £14B Prologis Bid as M&A Activity Stays Strong Across Sectors
A flurry of takeover and buyout updates shows companies pushing M&A plans forward, from UK real estate to US media. Segro leans toward backi
ServiceNow Lifts 2026 Subscription Forecast Again After Q2 Beat, AI Agents Drive Demand
ServiceNow raised its full-year 2026 subscription revenue forecast after a strong Q2, even as its Q3 outlook came in slightly below estimate
Hershey's Q2 Report Expected to Hold Steady, Focus Shifts to Second-Half Sales and 2027 Outlook
Hershey's fiscal second-quarter results on Thursday are unlikely to be a major catalyst, as UBS expects the chocolatier to reaffirm its full