By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Porsche sells Rimac stakes for €1 billion to sharpen focus
Porsche has sold its remaining stakes in Croatia's Rimac businesses for about €1 billion, a move that lifts its 2026 net cash flow margin ou
US trade spat pushes Canadian dollar lower despite oil at $100
The loonie weakened despite oil at $100 as US import bans on Canadian goods took effect. Canada's 10-year yield hit its highest since May 20
Nicola Mining's Treasure Mountain passes key safety check after 13 years idle
An independent engineering firm says Nicola Mining's Treasure Mountain silver mine in British Columbia is still accessible, dry and in bette
Stock valuations look balanced once you factor in bond yields
The excess CAPE yield, which compares stock valuations with inflation-adjusted bond yields, is currently balanced. That suggests stocks aren
Berenberg: Kingspan's Growth Engine Is Running Again
Berenberg sees Kingspan back in growth mode after a strong first half, citing organic momentum, a planned €850 million acquisition, and a US
Swiss SMI falls 1.8% for third day as Middle East risk premium grows
The SMI fell 1.8% for a third straight session as investors priced in a higher Middle East risk premium. US strikes near Iran and a longer w
Oil's return to $100 pressures Latin American markets
Oil's jump above $100 a barrel is rattling Latin American markets, with the MSCI regional index down 0.9%. Investors are weighing Mexico's A
Chewy beats estimates but shoppers skip treats, stock drops 7.7%
Chewy's quarterly results matched Wall Street forecasts, but shoppers pulled back on treats and other discretionary items. The company raise
Analog Devices to buy Alif Semiconductor for $1.35 billion to boost edge AI chips
Analog Devices is buying Alif Semiconductor for $1.35 billion in cash to add AI-native microcontrollers and fusion processors. The deal supp
ServiceTitan stock plunges 31% as AI push takes center stage
ServiceTitan shares tumbled 31% even after the company beat Q2 expectations. Morgan Stanley kept its overweight rating but cut its price tar
Lyft promotes insider Michael Brous to CFO as Erin Brewer retires
Lyft has promoted longtime insider Michael Brous to chief financial officer, effective September 28, as Erin Brewer retires. The company als
Tencent-backed Enflame's $912M IPO prices China's GPU ambitions
Shanghai Enflame Technology, backed by Tencent, raised 6.12 billion yuan ($912 million) in its STAR Market IPO, valuing the company at about