By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Jefferies Says AI Will Boost Pro Medicus, But Downgrades to Hold on Valuation
Jefferies believes AI will support Pro Medicus' Visage PACS in capturing more US market share, but the bank downgraded the stock to hold. Th
Arbex Aims to Boost Kleenex's Global Market Share to 35% as Standalone Venture
Arbex, the $3.4 billion joint venture behind Kleenex, plans to lift its global tissue market share from about 24-25% to over 35%. The standa
Gold Slips as Oil Surge and Higher Rate Expectations Weigh on Bullion
Gold slipped Thursday as renewed US-Iran tensions pushed oil to a near two-week high and markets priced in higher-for-longer Federal Reserve
New Zealand Stocks Edge Higher Near Record Highs Despite Gulf Tensions and Rate Hike Bets
New Zealand stocks climbed closer to record highs, with the S&P/NZX 50 gaining 0.88%. Investors weighed fresh US-Iran strikes in the Gulf, a
FTSE 100 Futures Edge Higher as Oil Rally Follows Renewed US-Iran Tensions
London's FTSE 100 is set for a modest rebound after its worst session since May, with futures up 0.4%. Oil prices rose over 1% as renewed US
Blackstone and TPG Seek Over $4 Billion in Sale of Hologic's Surgical Unit
Blackstone and TPG are exploring the sale of Hologic's surgical unit, targeting over $4 billion. The move comes months after their $18.3 bil
Orezone Gold Targets Higher 2026 Output at Casa Berardi, Costs Rise
Orezone Gold guided for 62,000-67,000 ounces of gold output from its Casa Berardi mine in 2026, but at higher all-in sustaining costs of $2,
Oil Surge and Weaker Rand Set the Tone for African Markets
Oil prices are climbing after fresh US strikes against Iran, pushing South Africa's rand to a one-week low. Investors are watching the rippl
Thailand Approves $2B in High-Tech Projects to Boost AI and Green Energy
Thailand's Board of Investment has greenlit nine projects totaling $2 billion, spanning AI data centers, advanced electronics, and wind powe
Gulf Q2 Earnings to Reveal Full Cost of Iran Conflict and Hormuz Disruption
Gulf companies begin reporting second-quarter earnings this week, offering the first full picture of how the Iran war and Strait of Hormuz d
Xiaomi Unveils Sky Nomad EREV SUV as It Prepares European EV Launch
Xiaomi has launched the Sky Nomad, an extended-range electric SUV aimed at families, as it prepares to enter the European market next year.
ResMed Sells Software Units at Loss, Boosts Buyback to Refocus on Core Sleep Business
ResMed is selling its MatrixCare and HealthCare First software units for $490 million, well below the $876 million it paid. The sleep apnea