By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Indian Stocks Rise as Financials Rebound Amid Earnings Season Kickoff
Indian stocks edged higher in early trading Wednesday, with financial firms leading the rebound as the June-quarter earnings season gets und
ASML Earnings: Why IBM's AI Wake-Up Call Raises the Bar for Chip Giant
ASML reports second-quarter earnings Wednesday with analysts expecting net profit to rise 8.8% to €2.61 billion. But after IBM's 25% slide o
China's Market Split Deepens as Investors Rotate Out of Chip Stocks
China's second-quarter growth miss barely moved mainland benchmarks, but the tech-heavy STAR 50 slid 3.7% as traders took profits ahead of C
Skellerup Lifts FY2026 Profit Outlook, But Jarden Downgrades on Valuation
Skellerup lifted its FY2026 profit outlook to NZ$64-65 million, driven by stronger US demand. But Jarden downgraded the stock to neutral, ar
Jarden: Genesis Deal Offers Vault Shareholders Superior Value Over Regis Plan
Jarden says Genesis Minerals' takeover of Vault is a better deal than the earlier Regis plan, with AU$2 billion in synergies and an unhedged
Copper Edges Higher as US Inflation Data Eases Rate Hike Fears, China Growth Caps Gains
Copper prices edged higher after a softer US inflation reading eased fears of prolonged high interest rates. However, disappointing China gr
Stripe and Advent International Offer $53 Billion to Acquire PayPal
Stripe and private equity firm Advent International have made a $53 billion offer to acquire PayPal at $60.50 per share. The bid represents
Yuan Strengthens to June High as Weak China GDP Fuels Stimulus Hopes, Dollar Slips
China's yuan rose to its highest since June 18 after second-quarter GDP growth missed forecasts at 4.3%, reviving bets on stimulus. A weaker
China Stocks Split as Middle East Tensions Rise and Beijing Targets 60 Trillion Yuan Retail Sales
Chinese stocks moved in opposite directions Wednesday as Middle East tensions hit the Shanghai Composite while Beijing's plan to boost retai
Ryman Healthcare Sales Meet Targets, but Slow Resales Raise Cash Concerns
Ryman Healthcare's latest sales met expectations, but independent living unit resales hit only 21% of Jarden's fiscal 2027 estimate. Slow tu
ASX 200 Hits Near One-Month High as Banks and Miners Rally on US Inflation Data
The S&P/ASX 200 climbed 0.7% to 8,868.30 points, its highest in nearly a month, as banks and mining stocks surged. The rally was fueled by c
SK Hynix ADRs Surge 28% as Cooler US Inflation and Barclays Upgrade Boost Chip Stocks
SK Hynix ADRs surged nearly 28% on Tuesday, driven by a cooler-than-expected US inflation report that boosted chip stocks and a new Barclays