By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
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
Boeing trails Airbus again in August as deliveries and orders lag
Boeing's August deliveries and orders cooled, trailing Airbus again. The US planemaker handed over 51 jets and booked 15 orders, while Airbu
Software stocks slide on AI disruption fears as oil climbs
Software stocks took a hit Tuesday after OpenAI unveiled GPT-6 Astra, raising fears that AI tools could undercut subscription pricing. Oil c
Trump's 'unacceptable' loonie comment stirs currency markets as dollar slips
The Canadian dollar edged higher after President Trump called the US-Canada currency gap 'unacceptable.' The US dollar slipped 0.2% to CA$1.
CVC explores sale of Dr. Teal's owner Arthea in deal that could value it at $2 billion
CVC Capital Partners is exploring a sale of Arthea, the personal care company behind Dr. Teal's, in a process that could value the business
Investindustrial explores sale of bottle-cap maker Guala Closures
Investindustrial has tapped JPMorgan and Mediobanca to weigh a sale of Guala Closures, an Italian maker of bottle caps. The company generate
Anthropic's $2T IPO: Growth vs. Profitability Risks
Anthropic is reportedly planning a $2 trillion IPO, the largest in history. But with massive compute costs and fierce competition, investors
Oracle earnings: cloud growth vs. data center debt worries
Oracle reports fiscal Q1 earnings Thursday with strong cloud demand expected. But rising credit default swaps signal lingering investor conc
Colgate's US toothpaste slump may bottom out by early 2027
RBC Capital Markets says Colgate's US toothpaste decline could level off by Q1 2027 as the company moves past self-inflicted missteps. Inter
BlackRock stays bullish on emerging-market debt despite slow 2026
Emerging-market debt has lagged expectations so far in 2026, but BlackRock remains optimistic. The firm says clearer Fed signals and a calme
Morgan Stanley cuts Peloton to underweight, sees subscriber slide
Morgan Stanley downgraded Peloton, predicting its connected-fitness subscriptions will shrink about 6% a year through fiscal 2029 as more pe