By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Healthcare Stocks Slide as AstraZeneca Trial Fails; Qiagen Jumps on PE Buyout Talk
AstraZeneca and Ionis shares dropped after their drug eplontersen missed a key trial goal. Meanwhile, Qiagen jumped on Bloomberg reports tha
Bragg Gaming to Cut 19% of Workforce, Targeting €10.5 Million in Annual Savings
Bragg Gaming Group plans to cut 19% of its global workforce to save €10.5 million annually. The layoffs follow a January restructuring and a
Three Experts Share Where to Invest $100K Windfall: US Tech, Japan, Greece, Gold, Oil, and More
Three leading wealth advisors just shared their top investment ideas for a $100K windfall. From US tech and international stocks to gold, oi
Tech and Resources Lift STOXX 600 as Oil Drop Eases Middle East Worries
Europe's STOXX 600 ended a three-day losing streak, climbing about 0.8% on Thursday. Tech and basic resources stocks led the gains as lower
AstraZeneca Trial Miss Sinks FTSE 100 Despite Miners, Banks Rally
AstraZeneca's 6.2% drop after a failed drug trial pulled the FTSE 100 lower, overshadowing gains in miners and banks. The FTSE 250 snapped a
Swiss Stocks Edge Higher as Middle East Tensions and Corporate Updates Drive Mixed Trading
Swiss stocks inched up as geopolitical risks from US-Iran strikes offset disappointing results from Barry Callebaut and a slight dip in Nest
US Stocks Rise Despite Middle East Strikes; Micron Jumps on $3B Supply Chain Plan
US stocks advanced Thursday even as US-Iran tensions flared with fresh strikes. Lower jobless claims and a sharp jump in Micron shares, driv
Gold Lifts South African Rand Despite 4.3% Factory Output Drop
South Africa's rand firmed to 16.32 per dollar as gold prices rose over 1%, overshadowing a 4.3% year-on-year decline in May manufacturing o
NexGold Expands Goldboro Drilling by 10,000 Meters After Strong Assay Results
NexGold Mining is extending drilling at its Goldboro gold project by 10,000 meters after strong assay results. The company also issued share
UBS Raises Expeditors Q2 EPS Forecast on Airfreight Rate Surge
UBS expects freight forwarder Expeditors International to report a stronger Q2 as airfreight rates jump and shipping volumes improve. The ba
TSX Miners Rally on Gold and Silver Gains Ahead of Canada Jobs Report
Canada's TSX edged higher as gold and silver prices lifted mining stocks, with First Majestic Silver surging 8.7%. Oil slipped, and investor
D.R. Horton Earnings Preview: Margins Seen Holding Steady as Costs Ease
Oppenheimer expects D.R. Horton's fiscal Q3 gross margin to land within guidance, helped by stable sales incentives and easing construction