By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Morgan Stanley Warns Cybersecurity Stocks Overvalued After 25% Rally
Morgan Stanley says cybersecurity stocks have become too expensive after a sharp rally, favoring Palo Alto Networks and CrowdStrike over Qua
Champion Bear Hires Drilling Contractor for Plomp Farm Project, Shares Rise 7.7%
Champion Bear Resources has hired a drilling contractor for its Plomp Farm project in northwestern Ontario, sending its TSX Venture-listed s
Trinity One Metals Shares Jump 9.5% on High-Grade Silver Find in Ecuador
Trinity One Metals shares rose about 9.5% after the company recovered historic drill logs from Ecuador showing a high-grade silver intercept
Northrop Grumman Lifts Guidance After Record $104.69 Billion Backlog
Northrop Grumman raised its 2026 guidance after a wave of defense orders pushed its backlog to a record $104.69 billion. Second-quarter net
FTSE 100 Rises 0.58% as Oil and Gold Surge on Middle East Tensions; Mitie Jumps 38.8% on Buyout
The FTSE 100 rose 0.58% as Middle East tensions pushed oil and gold prices higher, lifting energy and mining stocks. Mitie jumped 38.8% on a
European Stocks Rebound as Chipmakers Lead, Oil Jumps on US-Iran Strikes
European stocks bounced back Tuesday, with the STOXX Europe 600 rising 0.6% as chipmakers led gains. The rebound came even as Brent crude su
Intel Q2 Earnings Preview: Server Chip Pricing Could Drive Profit Beat
Intel reports Q2 results Thursday, and RBC Capital Markets sees room for a revenue beat thanks to stronger server chip pricing. The bank for
Latin American Currencies Gain as Oil Spike From Gulf Strikes Boosts Exporters
Oil prices spiked after fresh US-Iran strikes in the Gulf, lifting Latin American currencies as traders assessed the risk. Exporters like Co
RBC Sees Sinda Silver Project in Mexico as Potential Top-Tier Mine by 2032
RBC Capital Markets says the Sinda silver project in central Mexico could become a major, long-life mine. The bank models 19 million silver-
Earnings Season Lifts US Stocks, But 3M's Raise and MSCI's Miss Show Uneven Rewards
US stocks edged higher Tuesday as earnings season continued, but the market's reaction was far from uniform. 3M surged after raising its 202
JetBlue Wins Spirit Airlines' LaGuardia Slots for $58.5 Million, Eyes 12 Daily Roundtrips
JetBlue has won an auction for Spirit Airlines' slots at LaGuardia Airport, paying $58.5 million. The deal gives JetBlue rights to up to 12
Morgan Stanley Downgrades Workday on Slowing HCM Growth, Slow AI Payoff
Morgan Stanley downgraded Workday to underweight, warning that its core HR software growth is cooling while AI features remain in pilot prog