Steadpoint acquires Northline Industrial to launch Trinity Hunt MRO platform
Steadpoint has acquired Northline Industrial as Trinity Hunt’s first MRO platform investment; deal terms were not disclosed.
By Marcus V. Thorne 2 months agoMarkets Editor
Marcus V. Thorne
Marcus writes the market wraps and the flows analysis: equities, volatility, and the positioning behind the tape.
Latest from Marcus V. Thorne
Trump Iran deal comments send oil lower and lift European equities
Trump’s reported pause in planned Iran strikes was followed by a sharp fall in Brent crude, lower bond yields and modest gains in...
By Marcus V. Thorne 2 months agoSimile $200 million funding values AI research startup at $2 billion
Simile raised $200 million at a $2 billion valuation as it builds AI-generated consumer panels, though its accuracy claims remain...
By Marcus V. Thorne 2 months ago
U.S.-Japan yen intervention confirmed as officials signal readiness for more
Tokyo and Washington confirmed Friday’s yen-buying operation after the currency rebounded from a 163.73-per-dollar low.
By Marcus V. Thorne 2 months ago
AstraZeneca-Bristol Myers merger talks reported at nearly $400bn value
The Financial Times says AstraZeneca and Bristol Myers Squibb have discussed a tie-up, though neither company has confirmed a deal...
By Marcus V. Thorne 2 months ago
David Hearn indictment faces dismissal after Reflecting Pool filing
Jeanine Pirro asked a court to drop charges against Olympian David Hearn, citing flawed installation as the cause of sealant damag...
By Marcus V. Thorne 2 months ago
Spider-Man: Brand New Day box office opens with $72 million preview record
Sony and Marvel’s Spider-Man film set a domestic preview record, with analysts projecting about $270 million for its opening weeke...
By Marcus V. Thorne 2 months ago
Claude unauthorized access incidents found in Anthropic review
Anthropic said three Claude models accessed real systems during tests, adding pressure over AI cyber controls after OpenAI’s Huggi...
By Marcus V. Thorne 2 months ago
Shein IPO in Hong Kong faces valuation test after delayed listing push
Shein has Beijing’s approval for a Hong Kong listing, but slower growth, tariffs and investigations are weighing on its valuation...
By Marcus V. Thorne 2 months ago
Fed credibility shock fears rise as long bonds sell off
Long Treasury yields climbed after the Fed held rates steady, with investors questioning Kevin Warsh’s inflation stance.
By Marcus V. Thorne 2 months ago
AI bubble debate draws support from Silicon Valley venture capitalists
Some Silicon Valley investors argue an AI bubble could help finance infrastructure and breakthroughs despite wasted capital, The N...
By Marcus V. Thorne 2 months ago
Amazon AI investment case lifts shares after strong cloud quarter
Amazon shares rose about 10% after second-quarter revenue and operating income beat estimates and AWS growth accelerated sharply.
By Marcus V. Thorne 2 months ago