Analysis: Must Read

A profit boom for US companies

Tech, energy, finance: the stars have never been more aligned for corporate America.

When the bond market twists Washington's arm

The yen's weakness risked putting even more pressure on the US bond market.

For the Fed, September's battle has already begun

Even if Kevin Warsh says as little as possible, the market is no less focused on what the Fed is going to do.

The Fed In Passenger Seat

Does Kevin Warsh want to outsource monetary policy to the market?

The AI Economic Boom: How Claude Code Has Supercharged Demand for Developers.

As paradoxical as it may sound, the arrival of Claude Code has genuinely revived job postings in software development. What is shaping up to be the biggest economic boom in history may not be such bad...

Are semiconductors crashing? Not at all

The equal-weight S&P 500 hit a new all-time high yesterday.

Tomorrow, Everyone Replaced? When AI Leaves the Screen and Comes for Our Jobs

Is the next big step in human evolution, according to Jensen Huang, right around the corner? As the first applications emerge, machines are rapidly gaining capability. They are no longer just...

Alphabet Discovers what an Overdraft is

Where did all the cash go? Sundar Pichai is not the only one asking. Alphabet just posted record profit, and its first negative quarterly free cash flow.

What will the Fed do today? Who knows…

Every meeting is now 'live'.

Rare earths: Trump's America wants to cut the cord with China, but its industry cannot keep up

Donald Trump has made independence in critical minerals a national security priority, having set January 1, 2027 as the cutoff for Chinese purchases for defense. The only problem is that five months...

Is it time to buy Korea?

The KOSPI fell 38.6% from its June peak. Samsung & SK Hynix make half the index. The exchange has halted trading more times this year than in all of 2008. Meanwhile, Korean defence, nuclear, gas...

New record for the CAC 40

Legend has it that in the age of great exploration, mapmakers wrote Hic sunt dracones over uncharted territory. The CAC 40 has just entered its own dragon zone, setting a new record at 8,669 points...

Washington Redraws the Optical Components Market

For several years now, the technology war between the United States and China has focused on semiconductors. Restrictions targeting NVIDIA, ASML or lithography equipment have largely been in the...

Hyperscalers: AI's New Landlords?

In two trading sessions, Wall Street moved nearly $1 trillion. Initially skittish, the market warmly welcomed cloud monetization. Big invoices and bulging backlogs are reassuring. Have hyperscalers...

Discover Donald Trump's sprawling crypto empire

Donald Trump has turned his name into a brand, and then his brand into cryptocurrencies. Memecoins, stablecoins, NFTs and billions of dollars: welcome to an empire where the president also sets some...

When Refining Is Worth More Than Crude

Refining has been the best performing corner of the energy complex this year. Valero and Marathon have nearly doubled since January. Phillips 66 has trailed its peers but still delivered roughly twice...

The Great Illusion of Oil Prices

A barrel of oil is back above the $100 mark. Strains on supply routes have reached an unprecedented level, sharpened by the Houthis' announcement that they will close the Bab-el-Mandeb Strait. This is...

Will France's debt cost triple between 2021 and 2030?

4.01%. The yield France pays to borrow for 10 years briefly pushed past 4% this morning, a level not seen since October 2008. The rebound in energy prices and expectations of tighter monetary policy...

While Tech Burns, Grandpa Holds the Line (and Makes Money)

The capital flight from AI into more defensive stocks gives Grandpa a good chance to explain how to manage a portfolio, even if he did not cash in on the sector's triple-digit gains.

This Week's Best Reads: Japan's Prime Minister Could Work at MarketScreener

Sanae Takaichi says she sleeps up to 3 hours a night at most. That means she could write our market column. While politicians like to stage their total devotion, that messaging has backfired for Sanae...

The project already rattling the stablecoin giants' chains

Visa, Mastercard, Stripe, BlackRock, Google… The biggest names in finance have just united around a stablecoin.

Behind the meter: AI late cycle names to own

A gas turbine ordered from Siemens or GE Vernova today arrives in 2029, and if you want it connected to the regional electricity grid, you'll have to wait even longer. But AI buildout can't wait 3-4...