By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Comcast to Spin Off NBCUniversal and Sky, Creating Two Public Companies
Comcast will spin off NBCUniversal and Sky into a new public company, separating its media assets from its cable-and-broadband business. The
Nagarro CEO Calls for BaFin Probe into Pre-Bid Trading Surge Before Persistent Offer
Nagarro shares surged nearly 20% before Persistent Systems announced a €1 billion takeover offer. The CEO now expects Germany's BaFin to inv
RBC Hikes Avolta Price Target After DFS Okinawa Deal, Sees Up to CHF100M Revenue Boost
RBC Capital Markets lifted its price target for Avolta to 57 francs after the Swiss travel retailer agreed to buy DFS's Okinawa operations f
Enterprises Push Back on AI Token Pricing, Shift to Open-Source Models
Enterprises are pushing back on AI token pricing as usage-based costs become unpredictable. Many are shifting routine tasks to open-source m
Aluminum Prices Slip as Strait of Hormuz Tensions Ease and Dollar Strengthens
Aluminum prices slipped as traders grew less worried about US-Iran tensions disrupting Strait of Hormuz shipping. A stronger dollar added pr
AI Trade Hits a Wall as Strong Economy Clashes with Rising Real Rates
Solid US jobs and consumer spending are clashing with falling big tech stocks and lower Treasury yields. Rising real rates are starting to b
Wall Street Eyes Payrolls, Fed Speech, and Oil as Tech Selloff Deepens
The Nasdaq fell last week, dragging all Magnificent-7 stocks lower. Now investors are watching three key factors: nonfarm payrolls, Fed Chai
CVC to Buy Dessert Supplier IRCA from Advent in Latest Private Equity-to-Private Equity Deal
CVC Capital Partners has agreed to buy IRCA, an Italian supplier of dessert ingredients, from rival private equity firm Advent International
RBC Trims H&M's 2026 Outlook on Soft Start, Lifts 2027 View on Currency
RBC Capital Markets adjusted its outlook for H&M, cutting the fiscal 2026 earnings forecast by 3% after a softer start to the third quarter.
Singapore Stocks Edge Up as Geopolitical Tensions Cool; Metech and XMH Make Moves
Singapore stocks inched higher as geopolitical nerves over the Middle East eased, lifting the Straits Times Index by 0.3%. Metech Internatio
China's EV Battery Giants Pledge Faster Supplier Payments Amid Price War Squeeze
China's top EV battery makers, including CATL, CALB, and Sunwoda, pledge to settle most supplier bills within 60 days. The move follows regu
Malaysia's Fund Managers Near $300 Billion Milestone, Fitch Says
Fitch Ratings forecasts Malaysia's fund management industry assets will top $300 billion by late 2026 or 2027, up from $283 billion. Retail