By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Adani airport unit raises $1 billion from Temasek and BlackRock at $18 billion valuation
Adani Enterprises' airport arm is raising about $1 billion from a group of investors including Temasek and BlackRock. The deal values Adani
India's NSE targets up to $53 billion valuation in long-awaited IPO
India's National Stock Exchange is reportedly planning an IPO at 1,700-1,785 rupees per share, valuing the exchange at up to 4.4 trillion ru
Samsung opens $270M AI chip packaging lab in Japan to speed production
Samsung has opened a 40 billion yen AI chip packaging research center in Yokohama, Japan, employing 95 researchers. The facility includes a
AI chip rally lifts Nikkei 0.43% even as yen hits seven-month high
Japan's Nikkei edged up 0.43% as AI-linked chip and cable makers rallied, even as the yen stayed near a seven-month high. Investors are weig
KOSPI rises 1.44% as Samsung and SK Hynix fuel AI chip rally
South Korean stocks rose 1.44% on Wednesday, with Samsung Electronics and SK Hynix leading the charge as the global AI chip rally continued.
Gold slips to $4,349 as oil-driven inflation fears keep Fed rates high
Gold slipped to $4,349 an ounce as oil's four-day rally raised inflation concerns, keeping the Fed from cutting rates. Traders now await Thu
CVC names two co-CEOs to succeed Rob Lucas in 2028 transition
CVC has chosen Peter Rutland and Todd Sisitsky to lead the firm from early 2028, giving investors a long runway for the transition. The move
LIV Golf files for Chapter 11 with $49.6M PIF loan to fund restructuring
LIV Golf has filed for Chapter 11 bankruptcy, listing $500 million to $1 billion in liabilities. The league will use a $49.6 million court-a
Collective Mining's Apollo Gold Find in Colombia: 5.5M Ounces and Counting
Collective Mining has published its first official resource estimate for the Apollo gold discovery in Colombia, totaling 5.5 million gold eq
ServiceTitan beats Q2, raises 2027 outlook, names new CRO
ServiceTitan beat Q2 estimates and raised its fiscal 2027 revenue outlook, but guided Q3 slightly below expectations. The software firm also
TSX drops 1.1% as financials and Shopify slide, oil jumps on Saudi attacks
Canada's main stock index fell 1.1% Tuesday, dragged down by financials and a 7.8% slide in Shopify. Oil jumped to $93.03 after attacks on S
Nike shareholders reject climate transparency push, vote tally withheld
Nike shareholders voted against a proposal asking for more detail on how the sportswear giant will hit its 2030 emissions targets. Nike kept