Kevin Smith

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 04:24 am

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 03:23 am

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 11:04 am

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 03:48 am

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 04:50 am

AI Memory: Three Threats Looming Over Micron, SK Hynix, and Samsung

Artificial intelligence promises a revolution, but it now relies on a strained link in the supply chain: memory chips. Hyperscalers are currently rushing to secure volumes, but prices are skyrocketing in the face of extremely constrained supply.

June 26, 2026 at 03:44 am

Micron Smashes Expectations, Confirming Persistent Memory Scarcity Scenario

Micron Technology delivered results that significantly exceeded expectations, confirming the tightening conditions in the DRAM and NAND memory markets. The most advanced versions of these chips, such as HBM, have become essential components of artificial intelligence infrastructure. Third-quarter fiscal revenue reached $41.46bn, compared to the $35.91bn expected and $9.30bn a year earlier. Adjusted earnings per share came in at $25.11, well above the consensus estimate of $20.86.

June 25, 2026 at 03:11 am

U.S. Homebuilders Boosted by Bipartisan Housing Legislation

American homebuilders are seeing a sharp resurgence in market favor following Congress's passage of the most significant federal housing affordability legislation in decades. The 21st Century ROAD to Housing Act was approved by broad bipartisan majorities, aiming to address the structural housing deficit currently burdening American households.

June 25, 2026 at 03:07 am

SpaceX Bets on Investors' Limitless Faith in Elon Musk

Fans of initial public offerings and the flamboyant, if not controversial, Elon Musk had better have a strong stomach.

June 25, 2026 at 03:01 am

KNDS Goes Public: Analyzing a Strategic Listing

The announced IPO of the Franco-German defense group comes at an opportune moment for the European defense sector, which has emerged from a long period of lethargy into a state of high-intensity activity.

June 24, 2026 at 10:04 am

Nike recruits its new chief financial officer from Pfizer

Nike announced on Tuesday evening the appointment of David Denton, Pfizer's current chief financial officer, as the group's chief financial officer, with his new role set to take effect on August 16.

June 24, 2026 at 05:12 am

What if the market is signaling a clear pause in the AI rally for the summer?

With the stock market explosion of AI-related names in recent months, the Momentum, High Beta, and Growth factors from S&P have outperformed the broader U.S. market at an extreme pace over the last four months, increasing the risk of a technical "blowback."

June 24, 2026 at 03:01 am

Palantir Forges AI Marketing Partnership with Zeta Global

Palantir, the American predictive AI giant, announced Tuesday a strategic partnership with New York-based Zeta Global aimed at creating a unified data and artificial intelligence infrastructure for the marketing sector.

June 23, 2026 at 10:34 am

Pro-Market Wave Sweeps Colombia, Brazil Now in Focus

The liberal shift continues across Latin America. Following the election of Javier Milei in Argentina in 2023, and Jose Antonio Kast in Chile last December, Colombia has now reached its own turning point with the election of Abelardo de la Espriella this past weekend.

June 23, 2026 at 03:46 am

What Kevin Warsh's Arrival Means for the Fed and the Markets

Kevin Warsh's appointment to lead the Federal Reserve represents more than just a change in leadership. The former Fed Governor, who served from 2006 to 2011, has already begun to dismantle the institution's established norms.

June 23, 2026 at 03:32 am

SpaceX officially launches its inaugural bond offering

SpaceX announced on Monday its intention to place its first offering of senior bonds with institutional investors, though it did not specify the total amount it expects to raise through the transaction.

June 22, 2026 at 10:40 am

Targeted by Castlelake, EasyJet Braces for Shareholder Revolt

While EasyJet's board has rejected the takeover proposal from Castlelake, a credit and aviation specialist controlled by Brookfield, the bid may find significant support among the airline's frustrated shareholder base.

June 22, 2026 at 05:55 am

The Anthropic Case Changes Everything for Europe

For years, Europe believed that artificial intelligence was just another service. Then, in a matter of hours, Washington proved that an AI used worldwide could be cut off by a simple political decision.

June 22, 2026 at 05:37 am

CRH Continues Its American Conquest

Over the weekend, reports surfaced in the press regarding the highly probable acquisition of Arcosa by the Irish industrial giant.

June 22, 2026 at 05:15 am

Robinhood Eyes New Markets Amidst Speculative Fever

In a gold rush where miners typically abandon both their dreams and their health, the truly shrewd make their fortunes by selling shovels and pickaxes.

June 19, 2026 at 04:40 am

Accenture Now Valued at a Single-Digit Multiple of Its Earnings

Few earnings releases were as highly anticipated as those from the global leader in information technology consulting.

June 18, 2026 at 09:05 am