By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Oil Price Bounce on Strait of Hormuz Tensions Lifts Canadian Futures Ahead of Fed Minutes
Canadian stock index futures edged higher Tuesday as oil prices bounced on renewed shipping-risk jitters near the Strait of Hormuz. Traders
Onsemi Sells Two Chip Fabs, Targets $35 Million in Annual Savings
Onsemi is selling two chipmaking facilities as part of its cost-cutting strategy. The deals are expected to close over the next few months a
Dundee Commences C$85M Earn-In Drill Program at Westhaven's Spences Bridge Gold Project
Dundee has begun a 15,000-meter drill program at Westhaven Gold's Spences Bridge properties in British Columbia. The deal allows Dundee to e
Valentino Plans €450 Million Bond Sale to Refinance Bank Debt
Valentino is planning a €450 million bond sale to refinance bank debt, according to a corporate filing. The seven-year senior secured bond w
Indian Stocks Pause as Rupee Jumps on Offshore Dollar Selling
Indian stocks took a breather on July 7, with the Sensex and Nifty slipping 0.13% on profit-taking. Meanwhile, the rupee jumped 0.45% to 94.
Berenberg Lifts Keller Group Target After Surprise Profit Guidance Upgrade
Berenberg lifted its target price for Keller Group to £31.50 after the contractor surprised markets with guidance for revenue and underlying
Shell's Gas Forecast Boost Lifts FTSE 100 as Gold Miners Slip on Dollar Strength
Shell's upgraded gas forecast boosted energy stocks and the FTSE 100 on Tuesday. But gold miners slid as a stronger dollar pressured bullion
DeepSeek Develops Custom AI Chip to Reduce Reliance on Nvidia and Huawei
DeepSeek is building a custom AI inference chip to reduce reliance on Nvidia and Huawei as US export controls tighten. The move could reshap
Errington Metals Adds 48% More Land in Sudbury Basin with Mixed Cash, Shares, Royalty Deal
Errington Metals agreed to buy unpatented mining claims in Ontario's Sudbury Basin, boosting its land position by 48%. The deal uses cash, s
Aluminum Prices Rise as Middle East Tensions and Low Inventories Squeeze Supply
Aluminum prices edged up as Middle East shipping disruptions and dwindling LME inventories to 292,425 tons—the lowest since September 2022—t
RBC Sees Hidden Value in Carrefour's Cash Flow and Cost Savings Plan
RBC Capital Markets initiated coverage of French grocer Carrefour with an Outperform rating, arguing the company's cash generation and cost-
Vertex's $10B Crinetics Buy and ADNOC's $1B Shell Deal Signal Broad M&A Activity
Tuesday saw two major deals: Vertex's $10 billion acquisition of Crinetics Pharmaceuticals and ADNOC Distribution's $1 billion purchase of S