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Newsroom · Equities Correspondent

By Marcus Devlin

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

3,512 published stories
Sonova's Phonak EON: Smaller Hearing Aid, Bigger AI Ambitions
Tech

Sonova's Phonak EON: Smaller Hearing Aid, Bigger AI Ambitions

Sonova's new Phonak EON hearing aid uses real-time AI to separate voices from background noise, making speech twice as understandable. The U

Aussie and kiwi dollars stall at key chart levels as US dollar weakens
Markets

Aussie and kiwi dollars stall at key chart levels as US dollar weakens

The Aussie and kiwi dollars are holding near 2-1/2-month highs, lifted by a softer US dollar. But both are hitting chart resistance levels t

PBOC steps in to cool yuan's eight-week rally from 3-1/2-year high
Markets

PBOC steps in to cool yuan's eight-week rally from 3-1/2-year high

The People's Bank of China set a weaker daily midpoint, nudging the yuan off its 3-1/2-year high after an eight-week rally. The move signals

Indian stocks eye higher open but Iran sanctions, oil keep traders wary
Markets

Indian stocks eye higher open but Iran sanctions, oil keep traders wary

Indian stocks are expected to open slightly higher, but caution prevails ahead of a US update on possible Iran sanctions. With Brent crude n

Copper rally lifts miners, ASX 200 edges up ahead of inflation data
Markets

Copper rally lifts miners, ASX 200 edges up ahead of inflation data

Australia's S&P/ASX 200 edged up 0.2% as copper price gains lifted miners, offsetting a slide in bank stocks. Investors are now focused on W

Alibaba raises $10.2 billion in Hong Kong share sale to fund AI push
Tech

Alibaba raises $10.2 billion in Hong Kong share sale to fund AI push

Alibaba is selling $10.2 billion in new shares in Hong Kong, with all proceeds earmarked for its AI buildout. The placement was oversubscrib

Nvidia earnings due Wednesday: AI kingpin's results could sway markets
Earnings

Nvidia earnings due Wednesday: AI kingpin's results could sway markets

Nvidia, the world's most valuable company, reports earnings Wednesday after the close. With a nearly 8% weighting in the S&P 500, its result

FTSE Russell's Vietnam upgrade puts Vingroup and Hoa Phat on watchlists
Markets

FTSE Russell's Vietnam upgrade puts Vingroup and Hoa Phat on watchlists

FTSE Russell has flagged 27 Vietnamese stocks, including Vingroup and Hoa Phat, as eligible for its global indexes ahead of September's upgr

Visa Flags Hims & Hers Over Weight-Loss Subscription Chargebacks
Stocks

Visa Flags Hims & Hers Over Weight-Loss Subscription Chargebacks

Visa flagged Hims & Hers Health's weight-loss subscriptions after a July spike in card disputes, putting the telehealth firm in a monitoring

Dollar hits 3-month low as Treasury buybacks and Jackson Hole loom
Markets

Dollar hits 3-month low as Treasury buybacks and Jackson Hole loom

The dollar slipped to a three-month low versus the euro as traders digested a Treasury plan to ramp up buybacks of long-dated bonds. All eye

NHTSA escalates review of GM's L87 engine recall fix
Stocks

NHTSA escalates review of GM's L87 engine recall fix

NHTSA is digging deeper into GM's fix for its L87 V8 engine, covering nearly 1 million vehicles. Thousands of owners reported failures even

Marvell's AI chip momentum lifts analyst outlook ahead of earnings
Tech

Marvell's AI chip momentum lifts analyst outlook ahead of earnings

Analysts are turning more bullish on Marvell Technology ahead of its fiscal Q2 results, with Oppenheimer pointing to Google's share purchase