By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Aussie and kiwi dollars slip as traders await Fed rate decision
The Aussie and kiwi dollars slipped as traders brace for the Federal Reserve's policy decision, with markets pricing a 92% chance of a quart
Nissan's £170M Sunderland investment secures UK plant's future
Nissan is spending £170 million to produce its Kicks e-POWER hybrid SUV at its Sunderland plant, a vote of confidence in the UK site. The mo
Robinhood engineers face fraud charges as Fed rate decision looms
New York prosecutors charged two Robinhood engineers with fraud for allegedly trading on confidential info. Meanwhile, markets braced for a
Veea shares double on $750M merger term sheet with NovaGen
Veea shares more than doubled after it signed a term sheet to merge with NovaGen Group in a deal valuing the combined business at $750 milli
Meta's in-house AI chip plan lands amid a mixed tech tape
Meta outlined plans for an in-house AI chip rollout in the first half of 2027, while semiconductor stocks outperformed the broader tech sect
Sephora's European expansion could boost Elf Beauty's sales
Elf Beauty's Rhode brand is set to launch in Sephora stores across 19 European countries on Sept. 30. Bank of America says the move could ma
Consumer stocks slip as patchy retail demand offsets Coca-Cola and GM cheer
Consumer stocks slipped Tuesday even after upbeat updates from Coca-Cola and General Motors. Investors focused on patchy retail demand, with
Etsy's AI search upgrades could lift sales to top of guidance, Oppenheimer says
Oppenheimer upgraded Etsy to outperform, saying AI-powered search improvements are boosting engagement and could push sales to the top of it
Coyote Copper gets Arizona drilling approval, shares still slide 16%
Coyote Copper Mines has been cleared to start Phase 1 drilling at its Copper Springs project in Arizona, covering 37 drill locations across
AutoZone's next earnings could mark a turning point, UBS says
UBS says AutoZone's next earnings could be a pivot point as an accounting drag fades and commercial sales strengthen. The bank expects a sma
Nomura launches sale of Retelit's Italian data centers, sources say
Nomura is kicking off a sale of Retelit's Italian data-center unit, with a 38-site portfolio that sources say could be worth €700-800 millio
ResMed's buybacks may drive growth even if Philips returns
RBC expects ResMed to deliver high-single-digit EPS growth over the next three years, even if Philips Respironics re-enters the US market. T