By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
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
HubSpot Demand Surges on Bigger Deals and AI Adoption, Oppenheimer Says
Investment bank Oppenheimer says HubSpot's Q2 demand is stronger than expected, fueled by bigger deals and growing AI adoption. Competition
Chip Stocks Drive Asian ADRs Higher as ASE Technology Surges 9.6%
Asian stocks trading in the US gained Thursday, with the S&P Asia 50 ADR Index rising 0.71% to 2,920.24. Chip stocks led the charge, with AS
Micron Boosts US Chip Investment to $250 Billion on AI Demand
Micron is ramping up its US investment to over $250 billion through 2035, betting on AI-fueled demand and a New York mega-site that's ahead
AI Stock Pullback Hits Quant Hedge Funds Hard, Worst Run Since August
Quantitative hedge funds are suffering their worst performance since August as a sharp reversal in AI-related stocks erodes gains. Goldman S
Deutz Acquires FFG for €1.6 Billion to Pivot Toward Defense Sector
Deutz is buying FFG Flensburger Fahrzeugbau for €1.6 billion, shifting its focus from industrial engines to defense. The deal taps into Euro
Barclays Preps $875 Million Debt Package for Blackstone-Tinicum Buyout of Senior
Barclays is preparing $875 million in debt financing for Blackstone and Tinicum's planned acquisition of UK aerospace supplier Senior. The d
Fortuna Mining Nears Final Permit for Senegal Gold Project, First Gold Seen by 2028
Fortuna Mining is weeks away from securing the final construction permit for its Diamba Sud gold project in Senegal, CEO Jorge Ganoza told R
Morgan Stanley Sees Big Corporate M&A Lifting Evercore and Moelis, Cuts Houlihan Lokey Forecasts
Morgan Stanley predicts a pickup in big corporate mergers will benefit Evercore and Moelis, but a slower rebound in private-equity-backed de