By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Regis Resources Stock Drops 9% After Gold Inventory Error Discovered
Regis Resources corrected its gold inventory after 4,391 ounces were mistakenly recorded as poured bullion. The stock fell nearly 9% Friday
Asia's Stock Exchanges Push for Cross-Border Investing to Attract Capital
Leaders of major Asian stock exchanges are pushing for tighter market links to make cross-border investing easier. Thailand's depositary rec
Rare Earth Costs Jump 22% for Japanese Manufacturers, Squeezing Margins
Japanese manufacturers face a 22% rise in rare earth costs, driven partly by China's export controls. Most firms are absorbing the hit, sque
PC Gold Buys Former Iron Camp for AU$770K to Accelerate Spring Hill Project
PC Gold has purchased a former iron mining camp for AU$770,000 to support its Spring Hill Gold Project. The ready-made facility includes 64
Intuitive Surgical Beats Q2 Estimates but Stock Falls 9% on Steady 2026 Outlook
Intuitive Surgical reported strong Q2 results, with da Vinci procedure volumes up 15% year-on-year and earnings beating estimates. However,
Verizon Sells Stores, Uber Buys Delivery Hero Stake in $14.8B Deal; United Flags $6B Fuel Bill
Verizon is selling 274 company-owned stores and cutting 500 jobs as it shifts to a franchise model. Uber agreed to a $14.8 billion deal for
Elevance Health Raises Outlook After Strong Q2, But Stock Falls 4%
Elevance Health raised its outlook after a strong Q2, beating expectations on revenue, adjusted EPS, and medical loss ratio. Strength in Med
Aduro Clean Tech Tests Mexico's Plastic Waste as Shares Dip 3.2%
Aduro Clean Technologies' shares fell 3.2% after the recycler began lab-scale tests on Mexico's flexible and multilayer plastic waste. The t
Conagra's Strategic Reset Fails to Convince UBS Despite Q4 Earnings Beat
UBS kept a neutral rating on Conagra Brands despite a fiscal Q4 earnings beat. The investment bank points to declining sales, below-expectat
Csquare IPO Priced Below Range as Investors Demand Cushion on AI Infrastructure Deals
Csquare's IPO priced at $21, below the $23-27 range, and slipped 3% on debut. The tepid reception signals that public investors are demandin
Toyota's $10.4 Billion Hilux Upgrade in South Africa Nears Completion, Eyes EU Market
Toyota South Africa is 77% done with its 10.4 billion rand Hilux upgrade, with pilot production already running in Durban. The overhaul, set
Chip Stocks Drag Nasdaq Lower as Strong Earnings Season Begins
Chip stocks slid again on Thursday, dragging the Nasdaq lower despite a solid start to second-quarter earnings. The Dow rose while the S&P 5