By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
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
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