By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
China's Xi Unveils Global AI Alliance as Beijing Pushes Open Models to Counter US Dominance
President Xi Jinping made his first appearance at China's flagship AI conference, unveiling a new global cooperation body. Chinese AI models
US Chip Stocks Plunge Into Bear Market Territory as AI Darlings Suffer Steep Losses
US chip stocks just suffered one of their worst weeks in more than a year, with the Philadelphia Semiconductor index down 10% and briefly en
European Stocks Slip as Tech Selloff Deepens, Oil Prices Rise Ahead of ECB Meeting
European stocks slipped Friday as tech shares sold off again and rising oil prices kept investors cautious. The STOXX 600 fell 0.34% ahead o
Canada's Q2 Earnings Season Kicks Off with Rogers, Teck, and CN Rail
Canada's second-quarter earnings season gets underway with reports from Rogers Communications, Teck Resources, and Canadian National Railway
Swiss Stocks Rebound as Georg Fischer’s 2026 Outlook Lifts Sentiment
Swiss shares steadied on Friday, with the Swiss Market Index up 0.54%. Industrial group Georg Fischer jumped 13.98% after raising its 2026 o
Latin American Markets Slide as Iran Tensions Push Oil to One-Month High
Latin American markets slipped as US strikes on Iran and Tehran's threat to close the Strait of Hormuz sent oil to a one-month high. The bro
UBS: Netflix's Ad Tier Gaining Traction, $3 Billion Revenue Expected by 2026
Netflix's ad-supported tier is starting to generate more revenue per subscriber, according to UBS. The bank expects $3 billion in ad sales b
Aston Martin Seeks Fresh Funding as Cash Burn Pressures Luxury Carmaker
Aston Martin is in discussions with potential financing providers to shore up its cash position, following reports of a drop-down deal invol
TSX Slips to One-Week Low as AI Chip Stocks Retreat, Energy Shares Gain
Canada's main stock index slid to a one-week low Friday as a pullback in AI-linked chip stocks and Netflix's downbeat outlook weighed on sen
ASML Rewards Workers with €20,000 Bonus as AI Chip Boom Drives Profits
ASML, the Dutch chip equipment giant, is sharing its AI-fueled success with staff through a €20,000 one-time bonus and a long-term share awa
Wingstop Faces Gas Price Headwinds, But RBC Sees Recovery in Second Half
RBC Capital Markets expects Wingstop's Q2 same-store sales to drop 5.9% as high gas prices squeeze discretionary spending. However, the bank
Travelers Kicks Off Insurer Earnings Season with Strong Profit Beat
Travelers reported a strong second quarter, beating profit estimates as catastrophe losses declined and investment income climbed 13.6%. The