By Marcus Devlin
Two decades covering equity markets. Writes on single stocks, sectors, valuations and the trades behind the tape.
Kia's tentative wage deal could avert planned strikes
Kia and its South Korean labor union have reached a tentative wage deal that could call off partial strikes planned for August 26-28. Union
Apple's new Macs put on-device AI at the center of the pitch
Apple's new Mac mini (M6) and Mac Studio (M5 Max/Ultra) go on pre-order Tuesday, starting at $899 and $2,499. The focus is on on-device AI p
US Tariffs on Canada Leave Room for Year-End Trade Deal, Commerzbank Says
Fresh US tariffs on Canadian vehicles, auto parts, and steel raised tensions, but Commerzbank sees a long runway before they take effect. Th
Ghana's GoldBod to require local refining of artisanal gold dore from September
Ghana's new gold regulator, GoldBod, will require local refining of artisanal gold dore before export approvals from September 1. The rule t
Pound Holds Near Six-Month High as Traders Weigh BoE Hike Odds
Sterling hovered near a six-month high around $1.3632 as traders weighed sticky inflation and rising UK debt against the possibility of anot
China's gold imports via Hong Kong rise 11% in July on firm investment demand
China's net gold imports via Hong Kong climbed 11% in July to 56.193 metric tons, even as total inflows dipped. Investment demand for bars a
Salesforce Q2 earnings preview: Agentforce and Slack could drive growth
Salesforce reports fiscal Q2 results Wednesday. Truist expects $11.33B in sales and says Agentforce and Slack adoption could lift organic gr
FireFly Metals raises A$180 million to advance Green Bay copper-gold mine
FireFly Metals is raising A$180 million to fund development of its Green Bay copper-gold project. The capital raise, priced at A$1.78 per sh
India's Nifty, Sensex close higher as oil slips, but expiry choppiness persists
India's benchmarks ended higher after oil slid to a one-week low, but the new closing-auction system made expiry-week trading choppy. Trader
Physics-first AI startup targets 5 trillion data points per prompt
Accelerated Understanding claims its physics-first AI can process 5 trillion data points in a single prompt, far beyond typical chatbots. Th
RBC trims H&M forecasts as costs rise in second half
RBC Capital Markets has trimmed its earnings forecasts for H&M, citing softer like-for-like sales and higher expenses in the fiscal second h
Del Vecchio son exits EssilorLuxottica roles, stays as shareholder
Leonardo Maria Del Vecchio will leave his executive roles at EssilorLuxottica on August 31, following reported tensions with CEO Francesco M