By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Toyota Takes Majority Stake in Joby Joint Venture to Mass-Produce S4 Air Taxi
Joby Aviation and Toyota have launched a joint venture to manufacture the S4 electric air taxi, with Toyota holding a 51% stake. The deal gr
UK Government Threatens to Review $110B Paramount-Skydance-Warner Deal Over Media Freedom
The UK government is weighing whether to intervene in the $110 billion Paramount-Skydance deal for Warner Bros Discovery. Culture minister L
UAE Stocks Dip as Conflicting US-Iran Signals on Doha Talks Fuel Caution
UAE stocks slipped as conflicting US-Iran signals over potential Doha talks rattled markets. Abu Dhabi's index fell 0.359% and Dubai's dropp
Volkswagen's China Profit Plunge Sparks Historic Overhaul as Shares Hit 15-Year Low
Volkswagen's China profits have fallen more than 80% over the past decade, and its stock is at the lowest level since July 2010. CEO Oliver
AeroVironment Shares Surge 30% on Strong Earnings and Ambitious 2027 Revenue Target
AeroVironment shares surged about 30% after the drone maker beat earnings and revenue estimates and set a fiscal 2027 revenue target of $2.1
Congo Partners With Swiss Firm to Cut, Certify, and Sell Diamonds Domestically
Congo is teaming up with Switzerland-based ADEX Platform to cut, certify, and sell more of its diamonds at home. The goal is to reduce smugg
Wall Street Futures Flat as Investors Await JOLTS, Consumer Confidence, and Fed Chair Warsh
US stock index futures were mostly flat Tuesday after a standout quarter. Investors are watching JOLTS job openings, consumer confidence dat
S&P 500's 8% Rally Faces Twin Tests: Big Tech AI Spending and Hawkish Fed Chair
The S&P 500 has climbed 8% so far this year, but investors are now focused on two key factors: whether Big Tech will sustain its $730 billio
Singapore STI Dips 0.7% as Middle East Tensions Weigh on Sentiment
Singapore's STI slipped 0.7% on Tuesday as Middle East tensions rattled markets. Meanwhile, Soup Holdings surged over 4% despite flagging a
SAS Orders Up to 40 Airbus Widebody Jets in $10 Billion+ Fleet Renewal
SAS is placing a massive order for up to 40 Airbus widebody jets, worth over $10 billion. The move comes just two years after the airline em
Tech Selloff Revives US Stock Market Bubble Fears as BofA Gauge Hits 0.91
A fresh tech selloff has revived bubble worries in the US stock market. BofA's bubble-risk gauge hit 0.91 for semiconductors, and the Buffet
South Korea's Chip Titans Pledge $2.07 Trillion to Double AI Memory Output
Samsung Electronics and SK Hynix have pledged 3,200 trillion won ($2.07 trillion) to boost AI memory production, supporting South Korea's go