Kevin Smith
Journalist
Elliott pushes Northern Star to consider a sale
The American activist fund has built a stake exceeding AUD 1bn (c. $710m) in the gold mining group. It is demanding a strategic review, which could lead to a sale of the company, following a series of operational setbacks and cost overruns.
June 02, 2026 at 08:53 am
Anthropic prepares for its IPO
Anthropic has taken a significant step towards Wall Street by confidentially filing a draft registration statement for an initial public offering with the SEC. The creator of Claude, a primary rival to OpenAI in the generative AI space, noted that the number of shares to be offered and the price range have yet to be determined, as the transaction remains subject to market conditions and a regulatory review.
June 01, 2026 at 02:16 pm
Trading at a valuation floor, Elastic breaks even and pivots towards AI
Since the explosion of large language models, the search and data analytics specialist - through its flagship Elasticsearch engine - has repositioned itself as a foundational layer for artificial intelligence.
June 01, 2026 at 03:49 am
Valued at historic lows, Elastic reaches break-even and pivots towards AI
Since the explosion of large language models, the search and data analytics specialist - through its flagship Elasticsearch engine - has repositioned itself as a foundational support for artificial intelligence.
June 01, 2026 at 03:42 am
Okta stock surges 30% following reassuring quarter on growth and margins
Okta sparked a sharp resurgence of interest on the stock market after a quarterly release deemed reassuring, in a cybersecurity sector where investors are increasingly discriminating between sustainable growth, profitability, and credible exposure to artificial intelligence. The stock soared approximately 30% the day after the results, driven by revenue that exceeded expectations and adjusted profitability that came in better than anticipated.
May 30, 2026 at 08:45 am
Autodesk stock down despite solid quarter and aggressive industrial AI bet
Shares in Autodesk, the American specialist in design, engineering and computer-aided construction software, fell about 4% following its quarterly earnings call, despite results that topped expectations.
May 30, 2026 at 08:37 am
Autodesk down despite solid quarter and aggressive industrial AI bet
Shares in Autodesk, the American specialist in design, engineering, and computer-aided construction software, fell approximately 4% following its quarterly release, despite results that topped expectations.
May 29, 2026 at 03:37 pm
Jefferies Examines GLP-1 Compounding, Maintains Hold Rating on Novo Nordisk
Novo Nordisk shares are trading slightly lower (about -0.3% at DKK 293) following two consecutive sessions of gains. Jefferies hosted a conference call regarding GLP-1 "compounding" (customized pharmaceutical preparations) and has disclosed the key takeaways from the participants.
May 29, 2026 at 10:20 am
Bayer stock in the red as market scrutinizes legal disputes
Bayer shares are losing ground in Frankfurt (-3.6% at about EUR36.5), failing to capitalize on Jefferies raising its target price for them from EUR25 to EUR40, while maintaining its Hold recommendation. The US investment bank says that the settlement of litigation remains the central pivot for the stock.
May 29, 2026 at 09:06 am
Dow hits record high as chip stocks take a breather
US markets ended Wednesday in mixed territory, caught between retreating oil prices and a rotation towards industrial and consumer staples. The S&P 500 closed flat (+0.02%) at 7,520.5 points, the Nasdaq 100 slipped 0.09% to 29,973.6 points, while the Dow Jones gained 0.36% to 50,644.3 points, marking a new record close.
May 28, 2026 at 02:26 am
HP beats expectations, but PC volumes dampen enthusiasm
HP reported quarterly results that exceeded expectations, yet failed to trigger a significant market reaction. The stock was flat in after-hours trading as investors weighed robust adjusted earnings against several mixed signals regarding the quality of growth.
May 28, 2026 at 02:09 am
BofA maintains Buy rating on Carlsberg, seeing significant upside
Shares in the Danish brewer are rebounding following yesterday's fall of over 2%, bolstered by positive comments from Bank of America. In early afternoon trading, the stock was up 2.5% at over DKK 881.
May 27, 2026 at 08:34 am
Swatch Group: still searching for its margins in its rebound
Is Swatch still a formidable creator of desire or already a turnaround play? The Royal Pop collaboration with Audemars Piguet answers the first point. For the second, one must look less at the shop windows and more at the factories.
May 27, 2026 at 07:35 am
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