By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
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
Altera files for US IPO that could raise over $2 billion
Chipmaker Altera has confidentially filed for a US IPO that could raise over $2 billion. The Intel- and Silver Lake-backed company makes pro
TSX slips as US yields top 5% and Fed hike odds climb
Canada's benchmark index slipped 0.67% as US 10-year yields climbed above 5% and traders priced in a more than 90% chance of another Fed rat
Uber COO's $5.3M stock buy signals confidence after job cuts
Uber's president and COO Andrew Macdonald purchased $5.3 million of Uber stock at $75.83 a share on Sept. 4, shortly after the company annou
Grizzly Discoveries plans CA$2M private placement to fund exploration
Grizzly Discoveries is selling up to 40 million units at CA$0.05–CA$0.06 to raise up to CA$2 million. The funds will support exploration and
Delos Data raises $100M to stop AI chips from sitting idle
Delos Data, a startup from Intel veterans, raised $100 million to build networking tech that helps AI data centers avoid wasting expensive p
When technical signals say it's time to exit a position
A technical analyst says weak price momentum and a challenging macro backdrop signal it's time to exit. Here's how moving averages and MACD
Saudi stocks fall 0.89% as Yemen conflict rattles investors
Saudi stocks slipped 0.89% on Tuesday as fresh Houthi attacks and retaliatory airstrikes in Yemen rattled sentiment. Inflation held at 1.8%
Bernstein cuts LVMH target as China luxury demand cools
Bernstein cut its price target on LVMH to €520 from €570, pointing to slowing Louis Vuitton growth in China and an IP dispute with Molly Tea
Axelera AI's second-gen Europa chips land early AI factory deals
Axelera AI has launched its second-generation Europa chips and secured contracts worth tens of millions of dollars. The Dutch startup aims t