By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
New Zealand Pours NZ$50M into West Coast Mineral Processing Plants
New Zealand is funding two mineral-processing plants on the South Island's West Coast with up to NZ$50 million. The goal is to boost exports
Foxconn's AI Server Sales Drive 39.8% Revenue Surge in Q2, Beating Estimates
Foxconn's April–June revenue rose 39.8% to T$2.513 trillion, beating analyst estimates, as AI server demand remained robust. The company war
Uber Scales Back European Eats Expansion, Focuses on Profitable Markets
Uber has paused most of its Uber Eats expansion in Europe, canceling five of seven planned launches. The move comes despite earlier forecast
Softer US Jobs Data Lifts TSX to Two-Week High as Gold and Copper Surge
Canada's TSX climbed 0.9% Friday to a two-week high after softer US jobs data eased fears of further Fed rate hikes. Gold and copper prices
Ferrari Unveils Limited-Edition Manual V12 12Cilindri Manuale at €590,000
Ferrari has revealed the 12Cilindri Manuale, a limited-edition V12 with a manual transmission, priced at €590,000 and capped at 1,499 units.
Europe's Stock Rally Broadens Beyond Tech as Cyclicals and Defense Lead
Europe's stock rally is no longer just a tech story. The STOXX 600 and Germany's DAX reached new highs this week, led by cyclical and defens
TSX Reclaims 35,000 as Housing Prices Slide Despite Stronger Toronto Sales
Canada's main stock index climbed back above 35,000 on Friday, driven by broad gains in healthcare, telecoms and materials. Meanwhile, new d
German Stocks Rise as PMI Data Signals Economic Downturn Is Easing
German stocks closed higher after a key business survey showed the economic slowdown is moderating. The DAX rose 0.78% as the composite PMI
BofA: Nokia AI Orders Likely to Hold Steady at €1 Billion in Q2
Bank of America expects Nokia to report AI and cloud orders of at least €1 billion when it releases Q2 results on July 23. This would match
Capella Minerals Begins Drilling at Finland's Killero W Gold-Copper Project
Capella Minerals has launched a diamond-drilling program at its Killero W gold-copper project in northern Finland. The initial phase targets
Infineon Can Grow Revenue Without New Clean Rooms, Berenberg Says
Berenberg lifted its price target on Infineon to €100, arguing the chipmaker can grow revenue to €30 billion using existing capacity. Spare
Dabur Posts Double-Digit Profit Growth as Price Hikes and Smaller Packs Offset Rising Costs
Dabur expects double-digit first-quarter profit growth, using price hikes and smaller packs to protect margins. International sales rose in