By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
RBC Sees J&J Drug Pipeline Driving Growth Through 2027, MedTech Rebound Ahead
RBC Capital Markets sees Johnson & Johnson's drug business growing into 2027, with 14% ex-Stelara sales growth in Q2. The bank also expects
Latin American Markets Dip as Oil Tops $85 and US Dollar Strengthens
Latin American stocks and currencies eased as Brent crude rose above $85 a barrel and the US dollar strengthened. The MSCI Latin American st
Japan Bets $2.4 Billion on Humanoid Robots to Regain AI Edge
Japan is investing $2.4 billion in a new consortium called Noetra, bringing together tech giants like SoftBank and Fujitsu to build AI for h
Wedbush Expects Softer Q2 for IMAX Before Stronger Second Half
Wedbush predicts IMAX will report a softer second quarter as China ticket sales and a family-heavy US movie slate limit demand. The firm exp
Hasbro's Q2 Earnings Hinge on Magic: The Gathering's Profit Engine
Bank of America says Hasbro's Q2 results should land close to expectations, but the real story is how much profit comes from Magic: The Gath
BofA Sees Alphabet Q2 Strength in Ads and Cloud, Gemini AI Boosts Growth
Bank of America Securities says Alphabet heads into its Q2 earnings with steady ad revenue and a stronger-than-expected cloud business, boos
Treasury Yields Edge Higher as Mixed Data Keeps Fed Rate Path Uncertain
Fresh data on retail sales and jobless claims failed to clarify the Federal Reserve's next move, pushing Treasury yields slightly higher. Ma
BofA Downgrades W.R. Berkley as Commercial Insurance Pricing Cools
Bank of America downgraded W.R. Berkley to underperform and cut its price target to $68, citing cooling commercial insurance pricing. The an
Abbott Lifts 2026 Earnings Forecast After Strong Quarter, Diagnostics Sales Surge 42%
Abbott Laboratories raised its full-year 2026 earnings forecast after a second-quarter beat, powered by a 42% surge in diagnostics sales. Sh
SBI Funds IPO Draws $31 Billion in Bids, Reviving India's Sluggish Primary Market
SBI Funds Management's $1.03 billion IPO drew $31.1 billion in bids, with institutions oversubscribing their portion 140 times. The strong d
Pandora's Platinum-Plated Pivot Risks Brand Confusion, Bernstein Warns
Pandora is testing platinum-plated jewelry in the Netherlands, aiming to cut silver price risk. But Bernstein warns the move could confuse c
Prologis Boosts Profit Forecast on Record Warehouse Leasing and AI-Driven Data Center Demand
Prologis raised its full-year profit forecast after a record quarter of warehouse leasing and a surge in data center projects. The logistics