Kevin Smith

Strategy Cracks Under Financial Pressure

Michael Saylor, the man who swore he would never sell his bitcoins, has just crossed a red line. Strategy sold more than $216m in BTC to meet its financial obligations.

July 08, 2026 at 12:18 am IST

Warsh's Fed Caught Out by Inflationary Expectations

American households are sending an uncomfortable signal to the Federal Reserve. According to the New York Fed's June survey, median one-year inflation expectations rose by 0.2% to 3.7%, their highest level since September 2023. 3-year expectations also increased by 0.2 point to 3.3%, a peak since June 2022, while the five-year horizon held steady at 3.0%.

July 08, 2026 at 12:08 am IST

Productivity and AI: mirage or reality?

Between technological promise and macroeconomic reality, AI is starting to move the productivity needle, but in a still highly concentrated way.

July 08, 2026 at 12:06 am IST

Airlines: lower jet fuel prices ease pressure on European carriers, analysts say

Easing fuel prices and a more favorable geopolitical backdrop are improving the outlook for European air travel. In practical terms, the risks hanging over the sector just a few weeks ago are starting to fade, Bernstein and Morgan Stanley say, even as capacity discipline remains a decisive factor in protecting yields.

July 07, 2026 at 08:05 pm IST

Meta knocks neo-clouds out of the sky

Meta's entry into the market for renting computing power significantly changes how investors should read the investment cycle in artificial intelligence.

July 07, 2026 at 06:37 pm IST

Ford manages to maintain its appearances

All the American automaker's lineups remain highly successful.

July 07, 2026 at 06:07 pm IST

Telstra stock finds its footing again in the market

Australia's leading mobile operator is climbing back after a tricky cycle.

July 07, 2026 at 04:20 pm IST

TKMS named preferred supplier for a landmark submarine contract

The German group has cleared a major hurdle with a project that could become the largest order in its history, which will materially strengthen its long-term visibility. The stock is up 0.2% this morning in Frankfurt, after already jumping 11% the day before on the first rumors about the deal, while Hyundai Heavy Industries and Hanwha Ocean, the big losers in the tender, fell 5% and 22%, respectively.

July 07, 2026 at 02:43 pm IST

Why China's growth looks different from the previous decade

China's economy has been on shaky ground since Beijing put in place its ''three red lines'' to deflate the property bubble. The tightening of financing conditions in 2020 broke demand, drove down construction activity, and weighed on prices per m², further discouraging buyers.

July 07, 2026 at 02:06 pm IST

TKMS soars after possible contract for 12 submarines with Canada

The Canadian government is said to be preparing to make official its selection of Germany's Thyssenkrupp Marine Systems (TKMS) as the preferred bidder to build 12 submarines, according to Canadian outlet The Globe and Mail.

July 06, 2026 at 06:55 pm IST

ASM International slides after naming a future CFO

ASM International falls 3.7% to EUR940 in Amsterdam, after its supervisory board announced it intends to appoint Chris Figee as a future management board member and chief financial officer (CFO), succeeding Paul Verhagen, who is set to retire next year.

July 06, 2026 at 02:51 pm IST

EasyJet Clears the Way for Castlelake's Fifth Bid, Shares Soar

The airline says the U.S. fund's proposal is attractive enough to consider recommending it, subject to finalizing the transaction terms. The stock is already up nearly 10% in London.

July 06, 2026 at 02:40 pm IST

Terafab, a disruptive project or a damp squib?

With Terafab, Elon Musk is taking another step in his industrial ambition. The head of Tesla and SpaceX is considering building a mega semiconductor plant in Texas, designed to compete with the industry's global leaders. It is a colossal project, commensurate with his companies' growing need for computing power, but it also raises plenty of questions about whether it can actually be delivered.

July 03, 2026 at 01:42 pm IST

Does the suspension of KNDS's IPO conceal a more serious problem?

In European financial markets, today's jolt is KNDS's surprise decision to suspend its initial public offering.

July 02, 2026 at 08:23 pm IST

The biggest structural macro shock expected in the coming years

Forget the Fed or geopolitics. The biggest macroeconomic shock likely to durably reshape the global economy and financial markets over the next few years could come from China.

July 02, 2026 at 12:52 pm IST

SpaceX: a $700bn float that could soak up Wall Street liquidity

With a market capitalization near $2,000bn and a free float that could approach 40% by year-end, versus roughly 5% today, SpaceX could theoretically represent up to $700bn in additional stock for the market to absorb in the coming months.

July 02, 2026 at 12:35 pm IST

Nike's full-blown slump

As Wall Street opens this afternoon, investor reaction to Nike's latest results is expected to be overwhelmingly negative.

July 01, 2026 at 01:54 pm IST

CME, Cboe, and ICE Slump Under the Threat of Perpetual Futures

Major derivatives exchanges are tumbling on the stock market following the CFTC's green light for bitcoin perpetual futures. These contracts, originating from the crypto world, allow investors to maintain exposure without rolling over their positions, a shift that could eventually challenge established listed derivatives.

July 01, 2026 at 12:53 pm IST

Cobalt Surge Delivers Windfall for Global Production Leader CMOC

The recent spike in cobalt prices has bolstered the market capitalization of Chinese giant CMOC, which alone accounts for approximately one-third of global production.

June 30, 2026 at 08:34 pm IST

Government Contract for Anthropic Boosts Amazon Shares

Amazon stock traded higher on Monday following the announcement of a new strategic partnership between Anthropic and the State of California. The contract bolsters the commercial credibility of the artificial intelligence startup, in which Amazon is a primary investor.

June 30, 2026 at 01:18 pm IST

Scrapping of British Frigates: A Setback for BAE Systems

First the German frigates, now the British… Following the resignation of Prime Minister Keir Starmer, his likely successor at Downing Street, Andy Burnham, is expected to withhold funding for new destroyers. This is a blow for BAE Systems (-0.8%), which was the presumed frontrunner for the project.

June 29, 2026 at 02:20 pm IST