By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
UK stocks slip as Hormuz shipping strikes keep oil above $100
UK stocks slipped as shipping disruptions near the Strait of Hormuz kept Brent crude above $100 a barrel. Economists warn higher energy pric
RBC downgrades BioCryst as rival drug data raises Orladeyo competition fears
RBC Capital Markets downgraded BioCryst Pharmaceuticals after rival Pharvaris posted stronger-than-expected data for its oral HAE drug. The
SailPoint's AI pitch meets cautious guidance as ARR beats
SailPoint's fiscal Q2 annual recurring revenue and profitability impressed RBC, but management only fed the beat into its fiscal 2027 outloo
Bending Spoons to buy Miro for $1.36B, shares jump 6.4%
Bending Spoons, a Nasdaq-listed software acquirer, is buying Miro for $1.36 billion in cash. Miro brings about $600 million in annual recurr
BofA Sees Luberef Margins Holding Up Through 2026
Bank of America lifts its price target on Luberef, expecting strong base oil margins to persist through 2026, even as Gulf supply disruption
BofA cuts Cooper price target to $65 after CooperVision's second outlook reset
Bank of America downgraded Cooper Companies and cut its price target to $65 after CooperVision lowered its outlook again. The bank points to
China Edtech ADRs Tumble as Asian Stocks Slip in US Trading
Asian stocks trading in the US slipped Thursday, with China's education companies leading losses. The S&P Asia 50 ADR Index fell 0.92%, refl
JetBlue trims Q3 flying plans as fuel costs climb
JetBlue lowered its third-quarter capacity growth outlook to 1.5%-3.5% and lifted its fuel cost forecast to $3.96 a gallon. The airline is r
D-Matrix to plug its AI inference chips into Nvidia server racks by 2027
D-Matrix plans to use Nvidia's NVLink Fusion to slot its Raptor inference chips into Nvidia server racks, with compatible systems expected i
Hotter PPI and $100 oil rattle markets, revive Fed hike bets
US producer prices rose 5.4% in August, hotter than expected, while Brent and WTI crude both topped $100 a barrel. The combination pushed Tr
Saudi stocks dip as July industrial output falls 8.1% on weak oil
Saudi stocks edged lower after July data showed industrial output fell 8.1% from a year earlier, dragged by an 11.4% drop in oil activity. M
W. P. Carey lifts 2026 cash flow outlook as Hellweg rent risk eases
W. P. Carey says its 2026 cash flow is tracking better than expected, pointing to results near the high end of its guidance. The REIT also t