By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Oil surges past $90 on Iran fears, but TSX slides 1.2%
The S&P/TSX fell 1.2% Tuesday despite a 5% surge in oil prices, as US-Iran tensions boosted energy shares but dragged down tech, metals, and
Dell lifts AI server revenue forecast to $74 billion on strong demand
Dell raised its fiscal 2027 AI server revenue forecast to $74 billion and lifted its annual profit outlook after a strong second quarter. Th
S&P Global weighs Capital IQ Pro spinout worth billions
S&P Global is exploring a spinout of its Capital IQ Pro data platform, a move that could create a standalone company valued in the high sing
Zoox and Waymo expand driverless ride-hailing to more US cities
Amazon's Zoox is testing in Houston and San Diego, while Alphabet's Waymo is opening its service to public riders in Denver, San Diego, and
Gold drops 2.4% as dollar and Treasury yields climb, breaking key trend line
Gold fell 2.4% on Tuesday, dropping below its 200-day moving average as a stronger dollar and Treasury yields at their highest since January
Harrow's eye-care bet faces its make-or-break test in late 2026
Harrow's eye-care sales grew 11% last quarter but missed expectations, and heavy sales-team spending produced an adjusted EBITDA loss. The c
Daikin's sales surge 18% but profit growth lags, stock slides
Daikin's sales jumped 18% to ¥1.43 trillion, but operating profit only met forecasts thanks to a one-time tariff refund. Shares fell 11% as
Coal India files IPO for 10% of Mahanadi Coalfields, a secondary share sale
Coal India has filed for an IPO of a 10% stake in its subsidiary Mahanadi Coalfields, selling up to 661.8 million shares. The offering is se
Rate-Hike Bets Rise, Sending Financial Stocks Lower
US financial stocks slipped Tuesday as traders boosted bets on a September rate hike, lifting the 10-year Treasury yield to 4.786%. Higher y
Apple reshuffles leadership as CFO Parekh takes on more, Ternus set for CEO
Apple is tweaking its C-suite. CFO Kevan Parekh will take over corporate services from Luca Maestri, and hardware chief John Ternus is being
Chinese AI Stocks: Why Model Quality Isn't Enough for Investors
China's AI models have caught up technologically, but model-makers may not capture the value. Investors should watch monetization, competiti
Climate risk scores now flag new muni bond deals, including Naples
New municipal bond deals are being scored for physical climate risk, with ICE Climate Data flagging high hurricane and flood exposure. A Nap