By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
BofA Raises Atlas Copco Targets on Broader Rebound Beyond Chips
Bank of America raised its price targets for Atlas Copco after the Swedish industrial giant reported 26% organic order growth in Q2. The ban
South Korea's KOSPI Plunges 5% as AI Spending Doubts and Oil Jolt Rattle Investors
South Korea's KOSPI sank as much as 5.1% as investors cooled on the idea that big, long-lasting AI spending is a sure thing and higher oil p
Maruti Suzuki's Market Share Slips as India's Car Buyers Ditch Basic Models for SUVs
Maruti Suzuki, once the king of India's car market with its cheap and cheerful models, is losing ground. Reuters reports its market share ha
Oil Above $90 Pressures Indian Bonds as Traders Await Bloomberg Index Decision
Rising oil prices are putting pressure on Indian government bonds and the rupee. Traders are also watching for Bloomberg's decision on inclu
Sky Metals Reports New Tin and Tungsten Zones at Tallebung Project
Sky Metals has reported new drill results at its Tallebung tin and tungsten project in New South Wales, with intercepts extending beyond the
Oil Above $90 Rattles Asian Markets as AI Rally Faces Higher Rate Threat
Brent crude's rise above $90 a barrel is stoking inflation worries, putting pressure on AI-led growth stocks. Asian markets are on edge ahea
Saudi Aramco Stadium Developer Seeks Private Investors for 2034 World Cup Venue
Saudi Arabia's Roshn Group has hired JPMorgan to find private investors for the Aramco Stadium in Al Khobar, a venue for the 2034 World Cup.
Alphabet and Tesla Earnings Kick Off a Critical Week for Big Tech's AI Spending
Alphabet and Tesla report earnings this week, giving investors a first look at whether Big Tech's huge AI spending is generating returns or
Poste Italiane's €13 Billion TIM Bid Wins Board Backing, Aims to Build National Cloud
Telecom Italia's board has backed Poste Italiane's €13 billion takeover bid. The state-backed group aims to transform TIM into a digital and
DeepSeek Eyes $7 Billion Fundraise at $70 Billion Valuation Ahead of Shanghai IPO
DeepSeek, a Hangzhou-based AI startup, is reportedly weighing a new fundraise of up to 50 billion yuan at a valuation of about 500 billion y
S&P 500 Drops 1.6% as Tech Selloff Raises Doubts on AI Rally
The S&P 500 slid 1.6% last week as a selloff in tech stocks raised questions about the sustainability of the AI-driven rally. Applied Materi
Chip Stocks Slide 17% as Middle East Tensions Override Cooling Inflation
Chip stocks tumbled despite cooler inflation, with the VanEck Semiconductor ETF dropping 17% from its June 22nd high. Middle East tensions a