By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Salesforce raises outlook as Anthropic AI comes to Slack
Salesforce raised its full-year forecast and unveiled a deeper tie-up with AI startup Anthropic, putting Claude models inside Slack and othe
Trian pauses Wendy's take-private plans as CEO unveils turnaround
Activist investor Trian has paused work on a possible take-private of Wendy's, following earlier reports of a consortium bid. The burger cha
TSX slips 0.4% as metals cool and US auto tariff threat looms
Toronto's main stock index slipped 0.4% a day after hitting a record, as gold and other metals cooled and investors braced for a possible US
Agilent raises profit outlook as lab demand shows signs of stabilizing
Agilent Technologies raised its full-year profit outlook after quarterly results topped expectations, helped by signs that lab activity is s
Meta's $16.68B Youth Settlement Weighs on Mixed Tech Trading
Meta rose 1.2% after agreeing to a landmark $16.68 billion settlement over youth safety claims, but tech ETFs were mixed as Zoom and Intuit
Abercrombie & Fitch stock jumps 31% after tariff refunds boost earnings
Abercrombie & Fitch lifted its full-year forecast after tariff-related refunds helped it top Q2 expectations. The stock jumped 31% on about
Nvidia earnings and Hormuz talks take focus as inflation holds steady
July US inflation came in as expected, keeping rate-cut hopes in check. Now investors are turning to Nvidia's earnings and Iran-Oman talks o
Loonie hits one-week low as US tariffs and Canada's retaliation escalate trade tensions
Canada's loonie slipped to a one-week low after the US imposed new 50% tariffs on about $20 billion of Canadian imports and Canada responded
Gurit and Stadler Rail surge over 20% as Swiss market barely moves
Switzerland's benchmark index rose just 0.12%, but Gurit and Stadler Rail both climbed more than 20% after the composites maker lifted its 2
Meta's $16.68B Youth Settlement and Hotter Inflation Test Markets
July PCE inflation ran slightly hotter than forecast, while Meta detailed a youth-safety settlement that could reach $16.68 billion. Investo
Viking's ship swaps keep river cruises sailing through low water
Low river levels are forcing Viking to reshuffle itineraries, but the cruise line has avoided cancellations by moving guests between its fle
Oppenheimer trims Intuit targets as growth outlook softens
Oppenheimer trimmed its fiscal 2027 forecasts for Intuit and lowered its price target to $380 after the company softened its long-term growt