By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Asian ADRs Edge Higher in Early US Trading as Big Moves Mask Calm Index
Asian ADRs ticked higher in early US trading, with the S&P Asia 50 ADR Index up 0.14%. But beneath the calm surface, individual stocks like
EMP Metals Receives Final Equipment for Saskatchewan Lithium Plant, Shares Jump 10%
EMP Metals has received all major process equipment for its Project Aurora lithium demonstration plant in Saskatchewan. The milestone reduce
Qualcomm's $4B Modular Deal, Churchill SPAC Merger, and Prologis's £12.6B Segro Bid Dominate M&A
Qualcomm's $4B all-stock Modular acquisition, Churchill Capital's $2.5B SPAC merger with Agility Robotics, and Prologis's public £12.6B bid
Apple-Intel Chip Deal Could Take Years to Reach Volume Production
Apple may use Intel to make some chips, but analysts warn it could take 2-3 years or more to reach volume production. The timeline tests Int
Oil's 3% Drop Pulls US Treasury Yields Lower as Inflation Fears Ease
Brent crude slid 3% to a four-month low, easing inflation worries and pulling US Treasury yields lower. The five-year breakeven inflation ra
Prime Day First-Day Online Sales Jump 5.3% to $8.3 Billion, Adobe Says
Amazon's Prime Day kicked off with a 5.3% increase in first-day online sales to $8.3 billion, according to Adobe Analytics. Discounts remain
Falling Oil Prices Soften the Inflation Blow of a Strong US Dollar
The US dollar is near multi-year highs, but falling oil and gas prices are blunting the inflation sting that usually comes with a stronger g
Apple Supplier Lingyi iTech Prices $1.06B Hong Kong IPO, Targets AI Manufacturing
Apple supplier Lingyi iTech has set its Hong Kong IPO at HK$10.18 per share, aiming to raise $1.06 billion. The company plans to invest heav
Gold Slips to Near Two-Week Low as Dollar Surges and Rate Hike Bets Pile Up
Gold slid to a near two-week low as the dollar strengthened and markets repriced expectations for Federal Reserve rate hikes. The metal's de
Theon's €70M Order Pipeline Keeps Berenberg Bullish on Defense Tech Stock
Berenberg maintained its buy rating and €40 price target on Theon International, citing roughly €70 million in new orders, mostly from Germa