By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Stocks dip as investors await Fed Chair Warsh's Wyoming speech
US stock futures slipped Friday as investors paused ahead of Fed Chair Kevin Warsh's 10 am ET speech at the central bank's annual Wyoming sy
Novo Nordisk's oral Wegovy keeps analysts confident despite pricing pressure
Analysts at AlphaValue/Baader lifted their price target on Novo Nordisk to 466 Danish kroner, citing the promise of its oral Wegovy. They al
Jobs report and Broadcom earnings set to test S&P 500's record run
The S&P 500 is within 1% of its August 13 record high, but next week's jobs report and Broadcom earnings could shift the odds of a September
Singapore shares edge higher as investors await Fed's Warsh for rate clues
Singapore's Straits Times Index gained 0.3% on Friday, closing the week in positive territory. Investors are now focused on Federal Reserve
Meituan returns to profit as China's quick-commerce price war cools
Meituan swung back to profit in Q2 as China's quick-commerce price war cooled under regulatory pressure. Revenue rose 14.4% to 104.6 billion
SoftBank seeks $10 billion OpenAI-backed loan to refinance debt
SoftBank is pitching a $10 billion, two-year refinancing loan backed by its stake in OpenAI, according to Bloomberg. The loan, priced at abo
SEBI weighs stricter rules for small-company IPOs after governance concerns
India's SEBI is exploring stricter rules for small-company IPOs on the BSE and NSE SME platforms, including institutional investor quotas an
European stocks steady ahead of Warsh's Jackson Hole speech
European stocks nudged higher, with France's CAC 40 rebounding, as investors awaited Fed Chair Kevin Warsh's Jackson Hole speech. The focus
India's 10-year bond yield stays near two-month high as auction looms
India's 10-year government bond yield is hovering near its highest level since mid-June, as traders brace for a large auction of the benchma
TVS Motor names insider Peyman Kargar as CEO, betting on global growth
TVS Motor has named insider Peyman Kargar as its next CEO, effective January 27, 2027. The move signals a focus on premium motorcycles, elec
Philippine peso hits record low as oil costs and weak inflows weigh
The Philippine peso fell to a record low of 62.216 per dollar, pressured by oil-related concerns and weak foreign-currency inflows. Meanwhil
NEXTDC beats RBC forecasts, contracted EBITDA to top AU$1 billion
NEXTDC's fiscal 2026 results beat RBC Capital Markets' forecasts, with revenue up 16% and underlying EBITDA up 15%. The data center operator