By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Deep Yellow secures water and local partner for Tumas uranium project
Deep Yellow has cleared two key hurdles for its Tumas uranium project in Namibia: a long-term water supply deal with NamWater and a 5% local
Future Fund CEO Raphael Arndt to step down after strong year
Raphael Arndt, CEO of Australia's A$356 billion Future Fund, will step down at year-end after six years. His departure follows a strong 14.8
Woolworths profit beats forecasts as shoppers hunt for bargains
Australia's biggest grocer beat profit expectations as shoppers traded down to cheaper options. Food sales rose 4.6% and early fiscal 2027 s
AngloGold Ashanti restarts Brazil plant to process gold in-house
AngloGold Ashanti has brought a mothballed processing plant back online in Brazil, allowing it to handle all its local gold concentrate inte
Intuit's growth push comes with softer fiscal 2027 sales outlook
Intuit beat quarterly expectations but guided fiscal 2027 revenue below analyst estimates, citing investments in customer growth and softer
Zoom's AI push meets a tougher forecast as rivals close in
Zoom beat Wall Street's Q2 estimates, but its Q3 profit outlook came in light, sending shares down 3.8%. Competition from Microsoft Teams an
OpenAI's data center lead exits as AI spending plans balloon to $750B
OpenAI's data center lead, Chris Malone, has left the company, according to The Wall Street Journal. The departure comes as OpenAI boosts it
Veeva's Vault CRM wins Biogen and Regeneron, locking in 13 of top 20 drugmakers
Truist reports that Biogen and Regeneron are adopting Veeva's Vault CRM as their global standard, bringing Veeva's commitments to 13 of the
Gold cools near $4,700 as traders await key US inflation data
Gold has stalled near $4,700 after hitting a three-month high, with traders waiting on the latest US inflation data and Fed speakers. The pa
AI satellite and agent news lifts chip stocks as big tech races ahead
Chip stocks rose as SpaceX unveiled plans for Nvidia-powered AI satellites, Meta and Google Cloud teased new agentic AI tools, and Apple ref
Leveraged ETFs lose appeal after volatile stretch in US, South Korea
Leveraged ETFs that promise double returns are losing their shine in the US and South Korea after a volatile stretch reminded investors they
China's AI Spending Gap: Why Smaller Bets Could Still Pay Off
China's AI spending is a fraction of America's, but that doesn't mean there are no investment opportunities. The key is focusing on where th