By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
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
DeepSeek Targets $71 Billion Valuation, Eyes IPO as AI Chip Plans Emerge
DeepSeek is already sounding out investors for another fundraising round at a roughly $71 billion valuation, just weeks after raising $7 bil
Trafigura's Massive Lead Delivery to Singapore Pushes LME Inventories to 14-Year High
Commodities trader Trafigura delivered more than 80,000 metric tons of lead to LME warehouses in Singapore, pushing global inventories to a
Gaming Corps Cuts Two Game Deals, Pushes Platform Sale to Degen Studios
Swedish developer Gaming Corps has terminated two game-development agreements after costs exceeded expectations. It now seeks shareholder ap
Gold Rebounds Nearly 2% as June CPI Drop Sends Dollar and Yields Lower
Gold rebounded sharply Tuesday after a bigger-than-expected drop in June inflation weakened the dollar and lowered bond yields. The move eas
Frontier Airlines to Install SpaceX Starlink Wi-Fi on Fleet by 2027
Frontier Airlines will install SpaceX's Starlink satellite internet across its fleet beginning in early 2027. The move makes Frontier the fi
Brazil's Oncoclinicas Files to Restructure $994 Million Debt, Clinics to Stay Open
Oncoclinicas, a Brazilian oncology clinic operator, has filed an out-of-court restructuring to renegotiate about 5.1 billion reais ($994 mil
US Inflation Cools More Than Expected in June, Setting Up Choppy Market Open
The consumer price index dropped 0.4% in June, more than the 0.1% decline analysts expected. The surprise cooling has investors split on mar