By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Musk, Sacks to join Altman and Huang at G20 AI meeting in North Carolina
Elon Musk and David Sacks are expected to join OpenAI's Sam Altman and Nvidia's Jensen Huang at a G20 tech meeting in North Carolina. The fo
SoftBank, Nvidia in Deal Talks as M&A Wave Hits Banks and Asset Managers
Deal activity is heating up across finance and tech. SoftBank and Nvidia are reportedly in talks for stakes and buyouts, while Victory Capit
Nvidia's results lift chip stocks, but tariff talk clouds outlook
Nvidia's strong quarterly results reignited the AI trade, lifting chip stocks and Nasdaq futures. But reports of possible Trump-era tariffs
Zinc rally cools as LME stockpiles climb to three-week high
Zinc's multi-year rally hit a speed bump as fresh metal flowed into LME warehouses, lifting inventories to a three-week high. Copper also ea
African currencies split: kwacha steady, cedi and shilling soften
African currencies are heading for a mixed week against the dollar. Zambia's kwacha is seen steady, Ghana's cedi and Uganda's shilling softe
Best Buy beats Q2 estimates and lifts its 2027 profit outlook
Best Buy topped Wall Street's fiscal Q2 forecasts and raised its fiscal 2027 profit and revenue outlook. The electronics retailer now expect
FTSE 100 slips 0.5% as Nvidia's AI boost fails to lift old-economy stocks
London's FTSE 100 fell 0.5% as a tech rally sparked by Nvidia's upbeat outlook was offset by declines in beverages, chemicals, and real esta
Berenberg lifts Vestas price target after strong Q2 and raised guidance
Vestas' Q2 results beat expectations, prompting Berenberg to lift its price target to 240 kroner. The company also raised its 2026 margin ou
HDFC Bank's slide drags India's benchmarks lower on lawsuit, CEO worries
India's benchmarks fell Thursday, dragged by HDFC Bank's slide on reports of a possible US class-action lawsuit and renewed CEO contract que
Singapore shares slip 0.7% as profit-taking outweighs Metech jump
Singapore's benchmark index dipped 0.7% on Thursday as traders took profits after a recent run-up. Meanwhile, small-cap Metech jumped 11% fo
Jazz Pharmaceuticals raises $1.1B via exchangeable notes, plans buyback
Jazz Pharmaceuticals priced $1.1 billion in exchangeable senior notes due 2032, upsized from $1 billion, and will repurchase up to $225 mill
Activist Flashlight Capital bids $655M for Samsung's S-1 stake
Flashlight Capital has offered $655 million to buy Samsung affiliates' 20.6% stake in security firm S-1 at a 45.2% premium. The bid pushed S