By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
MUFG Warns Canadian Dollar Upside Limited Ahead of Bank of Canada Decision
MUFG sees limited upside for the Canadian dollar as the Bank of Canada is expected to signal a prolonged hold on rates. Markets pricing near
Pentair Shares Tumble After Pool Business Slowdown Forces Outlook Cut
Pentair warned that its pool business is slowing faster than expected, cutting Q2 sales and full-year EPS guidance. The company cited a larg
Elevance Health Raises Profit Forecast as Medical Costs Stay Below Expectations
Elevance Health raised its annual profit forecast to at least $27 per share after second-quarter results topped estimates. The insurer's med
Airbus Earnings Preview: Delivery Pace and Cash Flow in Focus
Airbus heads into earnings with deliveries tracking well. Metzler expects Q2 revenue of €20.2 billion and a reaffirmed target of 870 aircraf
US Futures Edge Higher as ASML Outlook and Bank Earnings Boost Sentiment
US stock index futures ticked up Wednesday, led by Nasdaq futures, after chip-equipment maker ASML lifted its 2026 outlook. Early earnings f
TomTom Shares Slide 10% on Weak Margin Outlook Despite Return to Profit
TomTom shares dropped 10% after the mapping firm warned of weaker second-half margins, overshadowing its return to operating profit with an
Partners Group Fund Gates Put Private Equity Flows Under the Microscope
Partners Group reports net new money on Wednesday, a key test of private equity confidence after it capped withdrawals at an $8.6 billion ev
SpaceX Shares Slip Toward $135 IPO Price, Testing Retail Investor Sentiment
SpaceX shares closed at $136.08 after dipping near the $135 IPO price. Analysts say this level could shape retail sentiment and the next wav
EQT Sweetens Perpetual Takeover Bid to A$2.5 Billion, Board Weighs Offer
Private equity firm EQT has returned with a sweetened A$2.5 billion takeover proposal for Australian financial services company Perpetual, o
RBC Says Lonza's Stock Discount Ignores Tight Biologics Capacity Through 2029
RBC Capital Markets says Lonza is undervalued compared to peers, as capacity for biologics and antibody-drug conjugates remains tight throug
Asia Chip Rally Lifts Emerging Markets as ASML Forecast Boosts AI Stocks
Emerging-market stocks climbed 2.1% Wednesday after ASML's upbeat revenue forecast ignited a chip rally in Asia. South Korea and Taiwan led
BayCurrent Profit Jumps 19%, Dividend Raised, Yet Stock Falls 7%
BayCurrent posted strong quarterly results with profit up 19% and sales up 30%, and raised its dividend. Yet shares slid nearly 7%, highligh