By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Thomson Reuters Gets Fresh Evidence Legal AI Demand Is Real—and Pricing Pressure Is Building
RBC highlights Harvey's 12x jump in monthly token use and Thomson Reuters' CoCounsel Next rollout as proof legal AI is entering daily workfl
Latin American Markets Rally as Dollar Retreats from 13-Month High
Latin American stocks and currencies rose Friday as the US dollar pulled back from a 13-month high, easing pressure on emerging-market asset
Arcosa Stock Nears CRH's $150 Offer as Oppenheimer Sees Deal as Ceiling
Arcosa's stock is trading just below CRH's $150 takeover offer, and Oppenheimer says a higher bid is unlikely. The investment bank downgrade
Byju's Lenders Near Deal for 30% Stake in Aakash, Ending Legal Battle
Byju's lenders are nearing a deal to take a 30% stake in Aakash Educational Services, ending a legal battle across multiple countries. The s
IBM's Sub-1nm Chip Breakthrough Could Reshape AI Hardware Economics
IBM has introduced a sub-1 nanometer chip concept using a 3D nanostack design. Wedbush Securities estimates it could deliver up to 50% more
Gold Miners Rally 5%+ as Weaker Dollar Lifts TSX; Energy Slips on Oil Easing
Canada's TSX ticked up Friday as gold miners climbed with spot gold up 1.5%, while energy stocks lagged after oil fell once tankers started
Dealmakers Busy: Safran Eyes Exail, ON Semi Buys Synaptics, Unilever Shops Thorne
Friday saw a flurry of dealmaking activity, from Safran's potential acquisition of French drone-maker Exail to ON Semiconductor's $7 billion
Unilever Eyes $4 Billion Thorne Deal to Boost Wellness Push
Unilever is reportedly considering a bid for US supplements brand Thorne, which could be valued at up to $4 billion. The move would mark a m
Bosch Replaces CEO Stefan Hartung with Deputy Christian Fischer in Surprise Leadership Shake-Up
Bosch is swapping CEOs in a surprise move, with deputy Christian Fischer taking over on July 1 after Stefan Hartung asked to leave. The chan
Trump Jr.'s Kalshi Equity Grant Shrinks as Startup Valuation Soars to $22B
Donald Trump Jr. got a $300,000 equity grant from prediction-market firm Kalshi as an adviser in early 2025. But subsequent fundraising roun
Dubai Stocks Dip as Oil Retreats on Eased Strait of Hormuz Supply Fears
Dubai stocks slipped as Brent crude fell 3.4% to $72.72, with traders unwinding geopolitical risk premiums after Strait of Hormuz shipments
Watches of Switzerland May Abandon £3 Billion Revenue Target as Luxury Watch Market Cools
Watches of Switzerland may drop its £3 billion revenue target for fiscal 2028 as the luxury watch market cools. Shares fell as much as 9.5%