By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
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
Berenberg Cuts Orange EPS Forecasts on MasOrange Deal Timing and Restructuring Costs
Berenberg lowered its earnings per share forecasts for Orange for 2026 and 2027, citing the MasOrange deal's limited Q2 contribution and res
Create SD Reports 8.3% Profit Rise, Lifts Dividend as Sales Growth Continues
Create SD's profit rose 8.3% to nearly ¥17 billion, with sales up 8.8% to ¥497.1 billion. The drugstore chain lifted its year-end dividend t
Chip Stocks Hit July Speed Bump as AI Spending Doubts Spark Record $11 Billion Fund Outflow
Chip stocks are sliding after a record $11 billion weekly outflow from semiconductor funds. Investors are weighing high valuations against t
Big Bank Earnings, Inflation Data, and Iran Tensions Shape Market Week
This week, investors juggle corporate earnings from big banks and tech giants like TSMC, key inflation data, and rising oil prices tied to I
Trend-Following Hedge Funds Flat in June as Gold Gains Offset Oil and Coffee Losses
Trend-following hedge funds, known as CTAs, posted a near-flat June, down just 0.1%. Gains in gold and silver mostly offset losses in crude
Malaysia's KLCI Edges Higher as AirAsia X Shares Dip on Rebrand to AirAsia Group
Malaysia's benchmark FTSE Bursa Malaysia KLCI closed 0.4% higher on Monday, extending recent gains. AirAsia X shares slipped about 2% as the
Shein Clears Beijing Hurdle, Heads to Hong Kong IPO Hearing This Week
Shein has secured Beijing's approval for its Hong Kong IPO, clearing a major regulatory hurdle. The fast-fashion retailer now faces a listin
RBC Lifts Next Price Target to £163 on International Online Growth
RBC Capital Markets raised its price target on Next to £163, saying its overseas online sales are growing faster and cost pressures are easi
TCS Expands ABB Deal to Run Global Network Operations in Multi-Year Contract
Tata Consultancy Services has expanded its partnership with ABB to manage the industrial firm's global network operations. The multi-year de
China Stocks Hit Three-Month Lows as Profit-Taking Hits AI and Defense Shares
Chinese stocks slid to three-month lows as profit-taking hit AI and defense shares hardest, while banks and energy stocks held up. Investors