By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Adairs Sales Rise 3.7% but Profit Slips as Focus on Furniture Impairment Hits
Adairs expects FY2026 sales to rise to AU$640-641.5 million, but underlying EBIT slips to AU$53.5-55.5 million. A AU$62-68 million non-cash
Singapore Stocks Flat as AI Rally Doubts and Fed Minutes Loom
Singapore stocks opened nearly unchanged Wednesday after a Nasdaq-led decline raised fresh questions about the AI trade's staying power. Inv
Midas Minerals Drilling Reveals Higher-Grade Copper Core at Namibia's T-13 Deposit
Midas Minerals has released new drilling results from its T-13 copper-silver deposit in Namibia, revealing a higher-grade zone in the West a
Samsung's AI Chip Windfall Still Not Enough as Market Questions Boom's Longevity
Samsung Electronics and SK Hynix slid Wednesday after a US semiconductor selloff revived doubts about the AI chip spending boom. Even a 19-f
ASX 200 Drops 1% as Iron Ore Weakness Overpowers Oil-Led Energy Rally
The ASX 200 slid 1% to 8,720.50 as iron ore weakness dragged miners to a three-month low, while energy stocks surged on higher oil prices af
Australian Stocks Set to Slip as Oil Surge on Strait of Hormuz Attacks Stirs Inflation Fears
Australian stocks are expected to fall after oil prices surged on Iranian attacks on vessels in the Strait of Hormuz. The move stokes inflat
Brightstar Drilling Results Strengthen Sandstone Gold Project Ahead of Resource Update
Brightstar Resources has released new infill drilling results from its Sandstone gold project in Western Australia, indicating more high-gra
Zenith Reaffirms Support for Forrestania Scrip Bid After Capital Raise
Zenith Minerals is again backing Forrestania Resources' scrip takeover offer after Forrestania raised AU$310 million and bought the Edna May
Japan's Asset Managers Launch Yen Bond Funds as BOJ Rate Hikes Attract Global Investors
Japan's asset managers are racing to launch yen corporate bond funds for overseas investors as the Bank of Japan's rate hikes make local bon
MasTec Acquires Superior Group for $1.65 Billion to Expand Data Center Electrical Work
MasTec is acquiring Superior Group for $1.65 billion to add electrical systems expertise for data center projects. The deal is expected to l
Orezone Gold Sets First Production Targets for Casa Berardi Mine, Plans Major Drill Program
Orezone Gold has issued its first operating targets for the recently acquired Casa Berardi mine, projecting 62,000-67,000 ounces at $2,600-$
SpaceXAI and Cursor to Release Joint AI Model After Efficiency Delay
SpaceXAI and Cursor are preparing to release their first jointly built AI model as soon as Wednesday, after delaying the launch to improve e