By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
European ADRs slip as biotech swings split: Amarin jumps, Biodexa drops
European ADRs slipped 0.46% in US trading, but biotech names diverged sharply. Amarin jumped 7.1% while Biodexa dropped 14%, highlighting th
Alibaba's Qwen3.8-Flash: Cheaper, Longer-Context AI Model Targets Developers
Alibaba's Qwen has unveiled Qwen3.8-Flash, a multimodal AI model that claims one-ninth the training cost of its predecessor and supports up
Intuit Downgraded as TurboTax Faces AI Rivals and Soft 2027 Outlook
Bank of America downgraded Intuit to Neutral and cut its price target to $360, citing TurboTax share losses to cheaper AI tax tools and soft
Meta's $16.68B Settlement Resolves State Lawsuits Over Youth Safety
Meta will pay up to $16.68 billion to settle lawsuits from US states alleging its apps were designed to be addictive for minors. The deal re
Abercrombie raises outlook after profit beat, tariff refunds
Abercrombie & Fitch raised its full-year sales and earnings outlook after quarterly profit beat expectations, helped by $120 million in tari
Hotter inflation data and Nvidia earnings keep markets on edge
July's PCE inflation ran a touch hotter than expected, nudging up the odds of a September Fed rate hike. Investors now turn to Nvidia's earn
Baltic Dry Index jumps 4.4% as Typhoon Narra disrupts shipping routes
The Baltic Dry Index climbed 4.4% to 3,056 as Typhoon Narra disrupted South China Sea routes, boosting iron ore and shipping rates. Capesize
Silver Bullet Mines switches Arizona feedstock, plans C$670K funding
Silver Bullet Mines is shifting its Arizona processing plan to the Columbia/Gold Queen Complex and lining up a C$670,000 convertible debentu
UAE stocks split as traders await key US inflation data
UAE markets ended mixed on a quiet local day, with Abu Dhabi's ADX down 0.339% and Dubai's DFM up 0.552%. Traders are focused on the upcomin
Privacy backlash could slow Ray-Ban Meta's disruption, Bernstein says
Bernstein says privacy backlash around Ray-Ban Meta smart glasses could slow their disruptive impact, keeping EssilorLuxottica's valuation n
Dollar edges up as traders await key US GDP and inflation data
The dollar edged up as traders braced for a busy US data slate, including fresh GDP and inflation figures. Mortgage applications slipped, wh
Kohl's raises profit outlook on tariff refund, but sales miss weighs on shares
Kohl's raised its profit outlook after a $150 million tariff refund, but second-quarter sales missed estimates as shoppers stayed selective.