Martin Baccardax

Baccardax, a former bond salesman who spent 8 years on the trading floor in Toronto and London, has worked in and around the global financial markets for more than 25 years, covering companies from birth in the bond markets to death in the bankruptcy courts -- and all points in between.
Following television stints with CNBC Europe in London, where he served as on-air Economics editor co-anchor of the Closing Bell program, Baccardax was named London Bureau Chief in October 2016.

Recent Articles By The Author

AMD, Micron Trade Higher After Report Says TSMC Seeing Smartphone Order Increase

AMD, Micron Trade Higher After Report Says TSMC Seeing Smartphone Order Increase

European semiconductor shares traded sharply higher Wednesday, lifting U.S. rivals such as AMD and Micron following a report that suggests a key Asia supplier is seeing more orders for smartphone chips heading into the second quarter.

Dave & Buster's Surges After Solid Q4 Earnings as VR Game Launches Support Comps

Dave & Buster's Surges After Solid Q4 Earnings as VR Game Launches Support Comps

Dave & Buster's shares traded higher Wednesday after the themed restaurant group posted stronger-than-expected fourth quarter earnings and comparable sales growth thanks in part to a new virtual reality game platform leveraging movies series such as Men in Black and Star Trek.

Caterpillar Slides as Deutsche Bank Cuts Rating to 'Hold' on Backlog Concerns

Caterpillar Slides as Deutsche Bank Cuts Rating to 'Hold' on Backlog Concerns

Caterpillar shares traded lower Wednesday after analysts at Deutsche Bank cut their rating on the stock amid concerns the industrial equipment maker's order book could register negative growth over the near term as the global economy slows.

GameStop Tumbles After Q1 Earnings Miss, 2019 Profit Guidance Delay

GameStop Tumbles After Q1 Earnings Miss, 2019 Profit Guidance Delay

GameStop shares plunged Wednesday after the the world's largest video game retailer posted weaker-than-expected first quarter profits and said it wouldn't give guidance on earnings for the full year.

Viacom, T-Mobile Strike Content Deal as Media Firms Rush to Parry Apple Service

Viacom, T-Mobile Strike Content Deal as Media Firms Rush to Parry Apple Service

Viacom and T-Mobile US said Wednesday that the pair had reached a "major" content agreement that would see channels such as MTV, Nickelodeon and Comedy Central to be carried on mobile phones on the country's third largest wireless network.

Global Stocks Hit 6-Month High, Oil Tests $70, as Bulls Retake Hold of Markets

Global Stocks Hit 6-Month High, Oil Tests $70, as Bulls Retake Hold of Markets

Global stocks scaled a six-month high Wednesday, as oil prices approached $70 a barrel for the first since early November, as investors continue to bet on China's improving economy and a breakthrough in trade talks between Washington and Beijing.

Dow Inc Debuts on NYSE, Dow Jones Industrial Average Following DowDuPont Spinoff

Dow Inc Debuts on NYSE, Dow Jones Industrial Average Following DowDuPont Spinoff

Dow shares debuted on the New York Stocks Exchange Tuesday, while being added to the Dow Jones Industrial Average, after the group was formally spun-off from parent DowDuPont Inc. DWDP last night.

Walgreens Slumps as Dow Component Slashes 2019 Profit Forecast After Q2 Miss

Walgreens Slumps as Dow Component Slashes 2019 Profit Forecast After Q2 Miss

Walgreens Boots Alliance posted weaker-than-expected second quarter earnings Tuesday and slashed its 2019 outlook, warning profits would be "roughly flat" from the previous year.

Bitcoin Comeback? Cryptocurrency Briefly Tops $5,000 in Mystery Overnight Surge

Bitcoin Comeback? Cryptocurrency Briefly Tops $5,000 in Mystery Overnight Surge

Bitcoin prices spiked higher Tuesday, briefly topping the $5,000 mark for the first time in nearly five months, in a move that has left market watchers bewildered by the mysterious surge.

Global Stocks Mixed Amid Solid US and China Factory Data; Oil Hits 2019 Highs

Global Stocks Mixed Amid Solid US and China Factory Data; Oil Hits 2019 Highs

Global stocks traded mixed Tuesday, with markets in Asia touching a seven month high as Wall Street futures sputtered, as investors balanced stronger-than-expected factory data from the world's biggest economies against increasing evidence that their ongoing trade war has damaged growth in other parts of the world.