By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
India Stocks Poised for Higher Open as Brent Crude Dips Below $71 on US-Iran Talks
Indian stock futures point to a higher open after Brent crude slipped below $71 a barrel, following Qatar's comments on positive progress in
KOSPI Plunges 6% as Meta's Cloud Plans Spark AI Chip Demand Fears
South Korean stocks tumbled more than 6% after Meta's plan to sell spare AI computing capacity raised concerns that chip demand may be weake
Northern Star Names New CEO After Elliott Builds A$1 Billion Stake
Northern Star Resources has named Suresh Vadnagra as its new CEO and outlined a chair transition, following pressure from activist investor
Intelligent Monitoring Group Buys ADT's UK Unit for £180 Million, Adds 160,000 Customers
Australia's Intelligent Monitoring Group is buying ADT's UK home security monitoring unit for £180 million. The deal adds 160,000 customers
Kelsian Wins NZ$101M Auckland Ferry Contract, Plans to Buy Belaire
Australian transport operator Kelsian has won a NZ$101 million Auckland ferry contract and plans to buy Belaire Ferries for NZ$8.9 million.
Iluka Secures 18-Year Rare Earth Supply from Victoria's Goschen Project
Iluka Resources has secured an 18-year supply of rare earth concentrate from VHM's Goschen project in Victoria, investing AU$40 million via
US Auto Sales Flat in Q2 as Hybrids Surge and Affluent Buyers Prop Up Market
US auto sales were essentially flat in the second quarter at about 4.16 million vehicles. Higher gas prices pushed more shoppers toward hybr
Bridgewater's Pure Alpha and AI Fund Both Return 8.1% in First Half as Overhaul Shows Promise
Bridgewater's Pure Alpha and AIA Macro funds both returned 8.1% in the first half of 2025. The results come as the $102 billion hedge fund f
Fed Chair Warsh Signals Another Rate Pause, Sticks to 2% Inflation Target
Federal Reserve Chair Kevin Warsh indicated the central bank may hold rates steady again, citing reduced inflation risks while reaffirming t
FedEx and Kroger Lead Consumer Sector Deal Spree with $3 Billion in Transactions
FedEx agreed to sell its supply chain unit for about $1.4 billion, and Kroger signed a $1.65 billion deal to buy regional grocer Giant Eagle
Musk Denies WSJ Report That SpaceX Pitched AI Device to Investors
Elon Musk has denied a Wall Street Journal report that SpaceX pitched a handset-like AI device to investors ahead of its IPO. The report sai
GM's Q2 US Sales Dip 4.2% as EV Demand Softens, Trucks Hold Steady
General Motors' US sales fell 4.2% in Q2 to 714,896 vehicles, with the automaker pointing to a shrinking EV market. Truck and SUV demand hel