By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Cobre Raises AU$90 Million in Discounted Share Placement, Stock Drops 12%
Cobre raised AU$90 million by selling new shares at AU$0.30 each, an 8.6% discount to its recent average price. The stock fell about 12% on
Iron Ore Prices Stay Flat as BHP Strike Threat at Port Hedland Offsets Weak China Demand
Iron ore prices barely moved as traders balanced the risk of a BHP strike at Port Hedland against signs of weaker steel demand in China. Fut
Viridis Boosts Brazil Rare Earth Resource to 473M Tonnes, Eyes 2026 FID
Viridis Mining and Minerals has increased the resource estimate for its Colossus rare earths project in Brazil to 473 million tonnes. The up
KOSPI Jumps 2.5% as Samsung and SK Hynix Lead Tech Rally, Won Weakens
South Korea's KOSPI rebounded more than 2.5% on Thursday, led by Samsung Electronics and SK Hynix after US chip stocks rallied overnight. Th
China's Top Memory Chipmaker CXMT Files for $4.34 Billion Shanghai IPO
Changxin Memory Technologies (CXMT), China's leading memory chipmaker, is set to raise 29.5 billion yuan ($4.34 billion) in a Shanghai IPO.
Oil Surge to $79 Lifts Yields, Keeps Yen Under Pressure Near 162
Escalating Middle East tensions drove Brent crude toward $79 a barrel, pushing US Treasury yields to seven-week highs. The dollar stayed fir
New Zealand Rural Land Halts 2026 Guidance as Tenant Kiwi Crunch Enters Administration
New Zealand Rural Land has paused its 2026 earnings guidance after tenant Kiwi Crunch Farms entered voluntary administration and receivershi
Zhipu AI Raises $4 Billion in Hong Kong Share Sale at 13% Discount
Zhipu AI raised about HK$31.41 billion in a rapid Hong Kong share sale, but priced new shares 13% below the prior close. The discount reflec
DPM Metals Q2 Output Hits 102,000 Gold-Equivalent Ounces as Vares Mine Ramps Up
DPM Metals logged 102,000 gold-equivalent ounces in Q2, with the Vares mine contributing 35,000 ounces as it ramps up. The company also spen
Levi Strauss Raises 2026 Sales Forecast, but Shares Slip 5% After Hours
Levi Strauss raised its fiscal 2026 sales forecast after a $1.56 billion quarter that beat expectations. But shares slipped about 5% in afte
MDA Space Bets Big on AI Earth Data with €567M CLS Bid and $712M Share Sale
MDA Space is acquiring a 70% stake in French satellite-data firm CLS for €567 million, using AI analytics and IoT services. To fund the deal
Domino's Faces a Tough Q2 as Pizza Deals Squeeze Margins Ahead of July 20 Report
Domino's Pizza is set to report Q2 earnings on July 20, with UBS forecasting a 1.5% drop in US same-store sales and EPS of $3.91, below the