Kevin Smith

The UK Invests £26bn to Modernize Its Naval Bases

The UK Ministry of Defence is launching the largest naval infrastructure investment program since the end of the Cold War to strengthen the Royal Navy's operational capabilities.

July 14, 2026 at 09:34 am

USA: Inflation cools more sharply than expected in June

July 14, 2026 at 09:31 am

EasyJet gives in-principle approval to Apollo's offer

U.S. investment firm Apollo Global has secured in-principle approval from easyJet's board for a takeover bid valuing the airline at £5.7bn.

July 14, 2026 at 03:39 am

J. Safra Sarasin Expects a Fed Rate Repricing Amid the AI Boom

''Our new forecast for the fed funds rate now calls for two rate hikes: one in Q4 2026, then another in Q1 2027, rather than a prolonged pause. These increases are therefore not imminent, but with markets currently pricing only about 35 basis points of tightening over the next 12 months, expectations for the Federal Reserve's policy rates should be revised higher,'' J. Safra Sarasin explains.

July 13, 2026 at 09:51 am

Ryanair, the leader in unit costs?

Ryanair's cost-cutting drive is paying off: the arrival of the new Boeing 737 MAX-10s, combined with bringing maintenance in-house and continued discipline on costs, should enable the airline to widen its edge on this front, Bernstein says.

July 13, 2026 at 08:36 am

Bank of America spots a clear pickup in US consumer spending

After Costco, Bank of America data confirms resilient spending in June, this time driven by the World Cup and discretionary purchases.

July 10, 2026 at 02:14 pm

SK Hynix pulls off a strong Nasdaq debut with nearly a 20% premium

The global leader in HBM memory is opening its equity to US investors after a record $26.5bn fundraising, aiming to narrow its valuation discount versus Micron.

July 10, 2026 at 02:11 pm

Circle up 5% after securing its federal banking charter

Circle has cleared a major milestone in the institutionalization of USDC. The US stablecoin issuer and blockchain financial infrastructure provider has received final approval from the Office of the Comptroller of the Currency to create Circle National Trust, a federally supervised national trust bank.

July 10, 2026 at 12:49 pm

Coca-Cola, back near its highs, bubbling on BofA optimism

Coca-Cola shares were one of the biggest winners in the Dow Jones index on Friday on the New York Stock Exchange, helped by an upbeat note from Bank of America, which raised its target price for the stock ahead of the release of Q2 results.

July 10, 2026 at 10:37 am

Traton posts higher sales, but mwb research steers clear

Traton is rising on the Frankfurt stock exchange (+2.35%, at EUR34.86) after releasing preliminary data for Q2 2026.

July 10, 2026 at 08:54 am

Volkswagen fails to convince with its ''Future Plan''

Volkswagen is actually down 1% on the Frankfurt Stock Exchange, after two consecutive declines, with several analysts reacting to the supervisory board meeting at the German group held yesterday.

July 10, 2026 at 08:15 am

Are US industrial groups in the front line to cash in on Europe's rearmament?

The 2026 NATO summit marks a new step in ramping up Allied military spending, with several major industrial deals intended to expand production capacity in Europe… while also benefiting US defense groups.

July 10, 2026 at 02:32 am

NLIGHT on the up in military lasers with a $627m contract

Shares in the US specialist in high-power lasers, nLIGHT, jumped 28% on the stock market this Thursday after winning a contract with the US Army.

July 09, 2026 at 01:28 pm

Costco still notes resilient US consumer demand despite gasoline

After the pickup in April and May, Costco sales are still running strong in June, even though US momentum is showing a slight normalization.

July 09, 2026 at 11:43 am

Levi's pulls off its comeback

A strong operational and market run for the venerable denim brand, whose shares are back trading near their five-year highs.

July 09, 2026 at 04:21 am

Penguin Solutions soars, lifted by memory and 'AI factories'

Penguin Solutions delivered results that confirm its change in standing in the market's eyes. Shares of the US supplier of specialized memory, AI infrastructure and software for 'AI factories' are jumping about 20% the day after its earnings call, taking the stock's YTD gain to nearly 300%.

July 08, 2026 at 02:20 pm

IQM Brings European Quantum Computing to the Nasdaq

Finland's IQM Quantum Computers has become the first European quantum-computing player listed on Wall Street. The Nasdaq debut, completed via a SPAC, gives the group fresh firepower to speed up its industrial rollout.

July 08, 2026 at 01:33 pm

Airbus expects air traffic to double by 2045

Tough times for the planet… as Europe buckles under a new heat wave and commercial aviation accounts for nearly 3% of global greenhouse gas emissions, Airbus forecasts air traffic to double over the next 20 years… According to the aircraft maker, urbanization, economic growth and fleet renewal will provide "lasting" support for the global aviation market.

July 08, 2026 at 08:56 am

With mixed reviews, Bending Spoons' IPO makes history rhyme

The group behind Evernote, Meetup, WeTransfer, Vimeo, AOL and other digital assets is now listed on the Nasdaq with a valuation of $27bn.

July 08, 2026 at 05:01 am

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 07, 2026 at 02:48 pm

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 07, 2026 at 02:38 pm