By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Netflix Leads Premarket Slide for WallStreetBets Favorites After Mixed Earnings
Netflix sank 8.9% in premarket trading Friday after a mixed Q2 earnings report, pulling down other WallStreetBets favorites. Apple was a rar
SOSiLA Logistics REIT Profit Drops 13% as Revenue Slips, Distribution Set at ¥2,708
Japan's SOSiLA Logistics REIT posted a 13% drop in half-year profit to ¥1.73 billion as revenue fell nearly 11%. The REIT still declared a ¥
Europe's STOXX 600 Faces Busy Earnings Week with Ryanair, Novartis, SAP, Volkswagen
Europe's STOXX 600 is set for a busy earnings week as major companies like Ryanair, Novartis, SAP, and Volkswagen report results. Off-hours
JSW Steel's Q1 Profit More Than Doubles on Strong Domestic Prices
JSW Steel's June-quarter profit more than doubled as domestic steel prices strengthened and sales volumes grew. The company's net profit mar
BASF Gets Upgrade After Pricing Power Drives Q2 Beat and 2026 Outlook Lift
BASF received an upgrade from Mwb Research after its preliminary Q2 results beat expectations on pricing and it lifted its full-year 2026 ou
Emerging Market Stocks Drop 2.7% as Iran Tensions and Chip Sell-Off Bite
MSCI's emerging-markets index slid 2.7% last week as rising US-Iran tensions and a sell-off in chip stocks dampened investor appetite. The d
PayPal Board Rejects $53 Billion Stripe-Advent Bid as Too Low, Cites Financing and Regulatory Hurdles
PayPal's board has rejected a $53 billion takeover bid from Stripe and Advent International, calling it too low and raising concerns about f
Singapore Stocks Dip 0.5% as Chip Sell-Off Hits; Mm2 Asia Plans $15M Placement
Singapore stocks slipped 0.5% on Friday as chipmakers dragged the market lower. Separately, Mm2 Asia announced a SG$15 million share placeme
China Tech Stocks Plunge 7% as $8.6 Billion CXMT IPO Drains Market Liquidity
China's tech stocks tumbled on Friday as chipmaker CXMT's $8.6 billion IPO sucked cash from the market and an AI conference disappointed. Th
Sterling Gains as Centrist Finance Minister Pick Calms UK Fiscal Fears
Sterling is set for a third weekly gain after reports that incoming PM Andy Burnham may choose centrist Shabana Mahmood as finance minister.
Innolight Clears Hong Kong Listing Hurdle, Eyes Up to $7 Billion IPO
Zhongji Innolight's Hong Kong listing committee approval paves the way for a potential $7 billion IPO. The AI data center optics maker aims
Antofagasta's Q2 Copper Miss Puts Pressure on Second-Half Rebound, Berenberg Says
Antofagasta's second-quarter copper production missed Berenberg's estimate after extended maintenance at Los Pelambres. The broker expects a