By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
DHL Lifts 2026 Profit Target After Strong Q2; BofA Raises Price Target to €61.50
DHL boosted its 2026 profit target after a better-than-expected second quarter. Bank of America raised its price target to €61.50, highlight
Berenberg Boosts Scout24 Price Target on AI Growth Potential Amid Weak German Housing Market
Berenberg lifted its 12-month price target on Scout24 to EUR 140 from EUR 100, betting that AI tools can sustain growth despite a weak Germa
Indian Stocks, Rupee Hit by Oil Surge After US-Iran Tensions Escalate
Indian stocks and the rupee slumped on July 8th as oil prices surged after Donald Trump declared a peace memorandum with Iran 'over'. The Se
Oil Surge Rattles Indian Markets: Bonds, Stocks, Rupee Hit After Trump Ends Iran Deal
A sharp oil price spike after President Trump said the Iran peace deal was 'over' hit India's markets hard. Brent crude surged nearly 6%, pu
UAE Stocks Slide as US-Iran Tensions Rattle Traders, Oil Chokepoint in Focus
Abu Dhabi's FTSE ADX General Index fell 0.564% and Dubai's DFM General Index dropped 1.511% after US strikes on Iranian targets and revoked
Chinese AI Startup MiniMax Builds 2.7 Trillion-Parameter Model, Challenging Global Leaders
Chinese AI startup MiniMax is building a massive 2.7 trillion-parameter open-weight model, potentially arriving by Q3. This would surpass ex
Tesco Explores Sale of Central European Operations in Strategic Review
Tesco is weighing a sale of its Central Europe business, covering operations in the Czech Republic, Hungary, and Slovakia. The division cont
BofA Sees Aixtron's Opto Orders Holding Up in Q2, But Bottlenecks Loom
Bank of America forecasts Aixtron's Q2 orders at €189 million, slightly above consensus, driven by optoelectronics. However, delivery delays
BofA: Kion's Warehouse Automation May Offset Weaker Forklift Orders in Q2
Bank of America expects Kion Group's warehouse automation unit to help carry Q2 results, even as orders for its industrial trucks and servic
Oil Surges 5% as Trump Declares Iran Deal Over, Emerging Markets Slide
Emerging-market assets slipped after President Trump said the interim Iran deal is over, pushing oil up 5% and weighing on global risk asset
Meta Tests AI Glasses That Could Record Without Visible Indicator, Raising Privacy Concerns
Meta is testing AI-powered glasses that can capture audio and video without the standard LED recording indicator. The feature could roll out
Volkswagen Board Faces July 9 Showdown Over Plant Closures and Job Cuts
Volkswagen's top supervisory board committee meets July 9 in Wolfsburg to weigh CEO Oliver Blume's turnaround plan, which includes up to fou