By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Morgan Stanley Says Netflix Engagement Fears Overblown Ahead of Q2 Earnings
Morgan Stanley lowered its Netflix price target to $90 from $115 but says market fears about subscriber churn and engagement are overdone. T
Consumer Stocks Dip as Lucid Plunges 15% on Bankruptcy Denial
Consumer-sector ETFs slipped Tuesday, with Lucid shares falling more than 15% even after the company denied bankruptcy rumors. Lucid said it
TYLSemi Raises $43M to Build Open-Standard AI Chiplets, Challenging Proprietary Lock-In
TYLSemi, a startup led by former AlphaWave executives, raised $43 million to build open-standard chiplets for AI chips. The funding aims to
US Stocks Rally as June CPI Drop Fuels Rate-Cut Hopes
US stocks rallied after June inflation fell more than expected, with the CPI dropping 0.4% month-over-month. Traders now see an 83% chance t
Saba Capital Nears Takeover Trigger at Workspace Group with 29.1% Stake
Activist hedge fund Saba Capital has raised its stake in UK office landlord Workspace Group to 29.1%, approaching the 30% level that trigger
Delivery Hero Confirms Advanced Takeover Talks with Uber, Antitrust Risks Loom
Delivery Hero has confirmed advanced takeover talks with Uber, a deal that could value the German food-delivery firm above its recent €36 pe
Ghana's GoldBod Buys 50-54 Metric Tons from Small Miners in H1 2026, Eyes Record Export Year
Ghana's GoldBod bought 50-54 metric tons from artisanal miners in the first half of 2026. The state buyer says export earnings could still s
Small-Cap Stocks Surge: Russell 2000 Doubles S&P 500 Returns This Year
The Russell 2000 has doubled the S&P 500's return this year and outpaced the Magnificent Seven sixfold. The rally is fueled by AI spending s
TSX Edges Higher as US Inflation Cools, Materials Surge 2.2%
Canada's main stock index climbed Tuesday as a cooler-than-expected US inflation reading eased fears of a more aggressive Fed. Materials sto
Data Center Operator Switch Eyes $10 Billion IPO, Taps Goldman and JPMorgan
Switch is preparing a potential $10 billion IPO as soon as the fourth quarter, targeting an $80 billion valuation. The listing would be one
BofA Upgrades AptarGroup, Downgrades O-I Glass and Paper Stocks on Weak Demand
Bank of America Securities upgraded AptarGroup and raised price targets on Crown and Ball, while downgrading O-I Glass, Greif, International
BofA Lowers Alnylam Price Target to $410, Cuts Peak Sales View on Amvuttra Pricing Concerns
BofA Securities has turned more cautious on Alnylam Pharmaceuticals, cutting its price target to $410 and lowering peak sales estimates for