By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Palm Oil Edges Up on Bargain Buying, But Rising Stockpiles Cap Gains
Palm oil futures in Malaysia closed at 4,606 ringgit per ton on Thursday, lifted by bargain buying. However, rising stockpiles in top produc
China's GFEX Plans Lithium Hydroxide Futures to Challenge COMEX Pricing
China's Guangzhou Futures Exchange is preparing a new lithium hydroxide futures contract, potentially launching in Q4. The physically delive
VAT Group Gets Forecast Lift from ASML's Q2 Update, But Broker Stays Bearish
AlphaValue/Baader lifted its 2026-2027 revenue and EPS forecasts for VAT Group after ASML's Q2 update suggested steadier demand for wafer fa
Aer Lingus to Cut 500 Jobs and Reduce Routes as Iran Conflict Drives Up Fuel Costs
Aer Lingus, owned by IAG, plans to cut up to 500 jobs and reduce routes as jet fuel prices rise due to the US-Iran conflict. The airline wil
Wipro Sales Miss Reveals Weakness in Manufacturing and Americas IT Spending
Wipro's first-quarter revenue fell short of expectations, dragged by manufacturing and parts of the Americas business. The company guided fo
UK Ministers Court PE Firms to Revive London IPO Pipeline with Tax and Pension Reforms
UK ministers are meeting with private equity firms including Hg Capital and CVC to boost London IPOs. Talks focus on stamp duty, pension ref
Angelini Pharma Acquires Catalyst Pharmaceuticals in $4.1 Billion Deal Backed by CDP and Blackstone
Angelini Pharma has completed its $4.1 billion acquisition of Catalyst Pharmaceuticals, paying $31.50 per share. The deal was funded with €1
GE Aerospace Raises 2026 Profit Forecast on Resilient Engine Parts and Maintenance Demand
GE Aerospace raised its 2026 profit outlook, expecting strong demand for engine parts and maintenance to continue. The company now sees adju
UAE Telecom e& Sells Vodafone Stake, Reviews Non-Core Bets Under New CEO
UAE telecom group e& is selling its entire 16.2% stake in Vodafone for nearly $6 billion and reviewing non-core investments under new CEO Ma
Berenberg Cuts Avolta Forecasts After Soft Q2, Citing Weakness in EMEA and North America
Berenberg trimmed its forecasts for travel retailer Avolta after a softer second quarter, cutting its price target to 56 francs from 59. The
UnitedHealth Lifts 2026 Profit View After Q2 Beat on Lower Medical Costs, Optum Rebound
UnitedHealth raised its 2026 profit outlook after a stronger-than-expected Q2, helped by lower medical spending and a rebound at Optum. The
US Futures Flat as Chip Stocks Slide Despite TSMC's 77% Profit Surge
US stock futures were nearly flat Thursday after a two-day rally, but chip stocks continued to slide. TSMC's 77% profit jump wasn't enough t