By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Stocks Hold Steady as US-Iran Strikes and Fed Split Keep Markets on Edge
US stocks held steady Thursday as new US-Iran strikes near the Strait of Hormuz pushed oil prices higher and Treasury yields rose. Traders a
Indian Stocks and Rupee Gain as Oil Eases; TCS Earnings in Focus
Indian stocks edged higher and the rupee strengthened as oil prices slipped, with investors eyeing Tata Consultancy Services earnings. The R
Meta's In-House Iris AI Chip Targets September Production to Cut Costs
Meta plans to begin manufacturing its in-house Iris AI chip in September, according to an internal memo. The chip is part of Meta's MTIA pro
Berenberg Sees Lagercrantz Hitting 15%+ Growth in FY 2027 via M&A and Organic Gains
Berenberg raised its price target on Lagercrantz to 290 kronor, expecting 5% organic growth and six acquisitions in FY 2027. The stock trade
Arras Minerals Doubles 2026 Drill Program to 40,000 Meters After $25M Raise
Arras Minerals has doubled its 2026 drill program to 40,000 meters after raising C$25 million. The company will focus on definition drilling
Pound Hits Four-Week High Near $1.34 as Oil Retreat and Dollar Weakness Shift Rate Expectations
The pound climbed to a four-week high near $1.34 as cooling oil prices and a weaker dollar eased inflation fears. Traders now expect only on
South Korea's NPS Sees 200 Trillion Won Paper Gain as Chip Stocks Surge
South Korea's National Pension Service saw its major stakes jump 63.9% to 486 trillion won by early July, with Samsung and SK Hynix driving
Weathernews Profit Rises 22% but Dividend Cut Signals Caution
Weathernews lifted fiscal 2025 profit by 22% to ¥3.81 billion, but guided for lower per-share payouts this year. The dividend trim may signa
PepsiCo Beats Revenue Forecasts but North America Snack Sales Slow as Budgets Tighten
PepsiCo topped Wall Street's second-quarter revenue forecast with sales rising 6.4% to $24.18 billion. However, the company warned that Nort
Paramount's $110B Warner Bros. Discovery Deal Faces Possible State Lawsuit Next Week
California Attorney General Rob Bonta is leading a multistate probe into Paramount's $110 billion plan to buy Warner Bros. Discovery. A laws
MFE to Launch Unified Streaming Platform Across Europe Starting January
MFE-MediaForEurope plans to launch a unified streaming platform across its European markets starting in January. The broadcaster will combin
Singapore's STI Rises 1.2% as Oil Surge on Gulf Tensions Tests REITs
Singapore stocks rose on Thursday, with the Straits Times Index gaining 1.2% to 5,433.88, even as oil prices surged on renewed Gulf tensions