By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
UAE Stocks Split as US-Iran Talks in Qatar Raise Hopes for Oil Flow Stability
UAE stocks showed mixed performance as investors weighed indirect US-Iran talks in Qatar. Abu Dhabi edged lower while Dubai gained, with Bre
Berenberg Lifts Gerresheimer Target Despite Margin Cut and Negative Cash Flow
Berenberg raised its price target on Gerresheimer to €24 from €20, despite the company lowering its 2026 margin outlook and guiding to negat
AI Overtakes Demand as Top Reason for June Layoffs, Challenger Reports
US employers announced 45,849 planned job cuts in June, with artificial intelligence cited as the leading cause for 14,029 of them. Technolo
Chip Stocks Post Record Quarter as AI Boom Drives 88% Surge in Philadelphia Semiconductor Index
Chip stocks just logged their strongest quarter on record, with the Philadelphia Semiconductor Index surging 88% in Q2. AI-fueled demand fro
Dealmakers Stay Busy: ING Eyes Spanish Private Bank, Shell Sells Gulf Assets, South32 Shifts to Copper
Dealmakers are active across sectors, from ING's move into Spanish private banking to Shell's $1.7B Gulf asset sale and South32's $5.6B alum
Google and Idris Elba Launch $1M AI Training Initiative for African Creators
Google and Idris Elba are funding a $1 million initiative to train 100,000 creators in Nigeria, South Africa, Ghana, Kenya, and Sierra Leone
Euro Zone Yields Rise Despite Cooling Inflation as US Rates Pull Global Markets Higher
Euro zone bond yields inched higher despite June inflation cooling to 2.8%, as rising US Treasury yields spilled into European markets. Inve
Indian Rupee Slips to Near Three-Week Low as Dollar Strengthens on Yields and Fed Watch
The Indian rupee weakened to a near three-week low, closing down 0.6% at 95.2475 per dollar. Higher US Treasury yields pushed the dollar up,
US Car Sales Stay Flat in Q2 as Affluent Buyers and Hybrids Offset Higher Gas Prices
US auto sales remained flat in the second quarter at about 4.16 million vehicles, defying expectations of a slowdown from higher gas prices.
Markets Pause as Investors Eye US Jobs Data, Rising Yields and Yen Weakness
After a strong quarter led by chipmakers, markets are taking a breather. Investors are watching rising Treasury yields, a weaker yen, and st
Syngenta Names Insider Hengde Qin CEO as $10 Billion Hong Kong IPO Looms
Syngenta has named insider Hengde Qin as its new CEO, effective August 1, as the crop-science company continues preparations for a Hong Kong
Topps Tiles Warns Heatwave and Cheaper Tile Demand Will Squeeze Margins
Topps Tiles warned that extreme UK summer heat has paused builder work and customers are choosing cheaper tiles, squeezing its profit margin