By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
HCLTech Plans AI Data Center Platform With Sarvam AI, Up to 35 Billion Rupees Investment
HCLTech is teaming up with Sarvam AI to create a full-stack AI data center platform. The IT services firm may invest up to 35 billion rupees
Matinas BioPharma Ditches Biotech for Nuclear in GH Power Merger
Matinas BioPharma is exiting biotech to merge with modular nuclear reactor developer GH Power. Shareholders will get about 9% of the new par
I Squared Capital Commits $2 Billion to Saudi PIF Infrastructure Assets
I Squared Capital has committed up to $2 billion to invest in assets owned by Saudi Arabia's Public Investment Fund. The deal targets digita
Watches of Switzerland Explores Going Private After 55% Share Rally
Watches of Switzerland, a FTSE 250 luxury watch retailer, has held early talks about going private after its shares surged 55% this year. So
Intel Invests €5 Billion in Irish Chip Plant to Boost AI and High-Performance Computing Output
Intel has launched a €5 billion expansion of its chip facility in Leixlip, Ireland, aiming to increase European production of processors for
Commerzbank: Canadian Dollar Rally Unlikely Without Fed Shift or Trade Deal
Commerzbank says the loonie's recent weakness is driven by global factors, not Canadian news. A stronger CAD likely needs a Fed policy repri
Dollar Holds Steady as Traders Await June Inflation and Fed Testimony
The US dollar was largely unchanged Monday as currency traders paused ahead of key data releases. June inflation figures, retail sales, and
Morrisons Explores £600 Million Store-Backed Financing Deal with US REIT Realty Income
Morrisons is reportedly in discussions with US REIT Realty Income and other investors for a £600 million financing deal backed by its store
Quadria-Backed Maxivision Taps ICICI, IIFL for 2027 IPO Plans
Maxivision Super Specialty Eye Hospitals, backed by Quadria Capital, has appointed ICICI Securities and IIFL Capital to plan a 2027 initial
Sansan Profit Surges to ¥6.78 Billion, But Stock Dips on Dividend Uncertainty
Japanese software firm Sansan posted a massive profit rebound to ¥6.78 billion and guided for higher sales and earnings through 2027. Yet sh
Fraport's New Terminal 3 Opens as Frankfurt Passenger Demand Stalls, Threatening 2026 Targets
Fraport's new Terminal 3 at Frankfurt Airport adds 19 million seats of capacity, but passenger demand is softening. Analyst mwb Research war
Money Forward Swings to Profit, Raises Sales Forecast as Fintech Momentum Builds
Money Forward swung to a ¥553 million profit in its fiscal first half, driven by strong fintech growth. The company raised its full-year sal