Tony Grandsire

Tokyo Electron: AI giants are not done with running their machines hot

The Japanese semiconductor equipment maker beats expectations by a wide margin in Q2, while unveiling particularly ambitious guidance. Boosted by investment in artificial intelligence, the group expects operating profit to rise 87% for the fiscal year. And it still sees no sign of demand losing steam.

October 30, 2026 at 02:43 pm IST

Linde finds a new spark in AI chips

The global industrial gas giant beats expectations in Q3, notably driven by the semiconductor boom. While its margins are still struggling to improve, the strength of its project backlog and demand in electronics are reassuring Citi analysts.

October 29, 2026 at 09:02 pm IST

Quanta Services keeps pushing its limits, Jefferies sees 37% upside

Records keep falling at Quanta Services. Driven by investment in power grids and data centers, the US group is blowing past expectations in the third quarter and raising its guidance once again. For Jefferies, the momentum could still deliver some pleasant surprises.

October 29, 2026 at 08:57 pm IST

SK Hynix blows past records, with memory shortage possibly lasting through 2030

The Korean memory maker posted an eye-popping 80% operating margin in the third quarter and announced ?100tn in shareholder returns this year. Despite net income coming in below expectations, the market is focusing on the group's exceptional visibility, with a memory shortage expected to last through 2030. The stock surged nearly 11% in Seoul.

October 28, 2026 at 03:37 pm IST

S&P Global raises targets and could spin off Capital IQ

The group beat consensus in Q3 and raised its full-year earnings forecast for the second time. Above all, it announced a strategic review of Capital IQ and related data businesses, including a possible sale.

October 28, 2026 at 03:36 pm IST

Speculators Pay the Price as Bitcoin Retreats

Bitcoin briefly fell back below $80,000 last weekend, triggering a new wave of liquidations in leveraged markets. The move came after two sessions of outflows from US bitcoin ETFs, as rising expectations for higher interest rates in the United States complicate the outlook. The crypto sphere is once again confronting some old demons.

October 28, 2026 at 02:10 pm IST

Wall Street gets out its checkbook for Anthropic, while Broadcom steps up

Bank of America, Blackstone, Citi and Morgan Stanley have announced a $63bn financing arrangement to purchase artificial intelligence chips supplied by Broadcom. The huge deal also reveals another facet of the AI boom. Semiconductor manufacturers are no longer content to sell their equipment; they are now sharing in the financial risks.

October 27, 2026 at 04:10 pm IST

Fed, ECB, BoJ and Big Tech, the week that could turn markets around

Three major central banks, three technology giants and an avalanche of corporate earnings. Investors are bracing for an exceptionally busy week, as surging oil prices complicate the monetary outlook and doubts grow over the profitability of investments in artificial intelligence.

October 27, 2026 at 01:19 pm IST

Oil triggers a special dividend at Eni

The Italian oil group more than doubled adjusted net profit in Q3 to EUR2.801bn, above expectations. It is therefore paying a special dividend of EUR0.46 per share, or around EUR1.3bn, and is increasing its share buyback program to EUR3.8bn, nearly triple what it had planned at the start of the year.

October 23, 2026 at 02:45 pm IST

Operational efficiency saves Electrolux

On Friday the Swedish home appliance maker reported an operating profit excluding non-recurring items of SEK 912m, above expectations, thanks to SEK 1.4bn in cost savings during the quarter alone. But it ended the period with a net loss of SEK 340m and lowered its full-year outlook for volumes, prices and product mix. The stock surged at the open before easing back.

October 23, 2026 at 02:44 pm IST

The premium that made Norsk Hydro's quarter is already narrowing

The Norwegian aluminum producer reported Friday adjusted operating profit before depreciation and amortization of NOK 9,089m, up 52% y-o-y, although below the NOK 9,530m expected. Above all, it expects the premium it charges over the benchmark price to decline and its costs to rise in Q4. The stock is down about 6%.

October 23, 2026 at 02:44 pm IST

Saab books three times more orders than it bills

The Swedish defense group recorded SEK65,825m in orders in Q3, up 216% y-o-y, including SEK24.6bn for 16 Gripen E fighters destined for Ukraine. Revenue rose 30% and operating profit increased 42%, both above expectations.

October 23, 2026 at 02:44 pm IST

OVHcloud shareholder unloads 3% stake, shares plunge

An unidentified shareholder sold 4.65 million OVHcloud shares Thursday evening in an accelerated placement at €13.30 apiece, a 15.3% discount to the day's closing price. The stock fell 18% Friday morning, taking it below the placement price.

October 23, 2026 at 01:00 pm IST

What's Behind Europe's Most Shorted Stocks?

M&A arbitrage trades, particularly in targeted sectors, reflect changing views. European filings show who is betting against what, and for how much. It is up to us to understand why.

October 23, 2026 at 12:28 pm IST

AI has tipped China's stock market bearish

The CSI 300 is heading for a 10th consecutive week of declines. This time, it was neither real estate nor consumption that pushed it there, but the collapse of its own artificial intelligence stocks.

October 22, 2026 at 05:36 pm IST

Barclays misses revenue estimates but launches new share buyback

The British bank reported Thursday a 12% increase in Q3 pre-tax profit to £2.3bn, slightly below the consensus, with investment banking revenue below expectations. It announced a new £500m share buyback tranche and confirmed all of its targets.

October 22, 2026 at 02:36 pm IST

Hermes slows in Q3, hit by China

The luxury leather goods maker reported quarterly revenue of EUR4.10bn on Thursday, up 4.3% organically, below analysts' consensus. It was its weakest growth rate in six years, according to Reuters, while the Clothing and Accessories division declined for the first time in several years.

October 22, 2026 at 02:33 pm IST

LSEG raises full-year targets and acquires Octus for $3.5bn

The British stock exchange operator reported Q3 results ahead of expectations on Thursday, driven by its markets businesses and accelerating subscriptions. It also raised its growth, margin and cash flow forecasts for the second time this year. At the same time, it announced the acquisition of private credit specialist Octus for $3.535bn in cash.

October 22, 2026 at 02:31 pm IST

Often in the Shadows, Europe Should Shine in Q3

Profits for European companies in the STOXX 600 are expected to rise 20.7% in Q3, and for once analysts have raised their forecasts just before the opening bell, rather than lowering them. Attention will turn to the outlook announced for Q4 2026.

October 21, 2026 at 06:36 pm IST

Technip Energies is drowning in orders, should you buy the dip during wartime?

The engineering group's stock has lost nearly a quarter of its value since the Iran conflict began, while its backlog has surged by half to record levels. What's really going on?

October 21, 2026 at 05:23 pm IST

Chile Trips Up BHP and Anglo American on Copper

The two mining giants published their production figures for the quarter ended in late September on Tuesday, with both reporting a decline in copper output following an exceptional southern winter in Chile. Annual targets remain intact thanks to metal prices rising 40% to 50% y-o-y.

October 20, 2026 at 02:27 pm IST