Enzo Willcox
Merck KGaA Raises Outlook Following Solid First Quarter
Currency headwinds failed to significantly derail Merck KGaA during the first quarter. With organic growth trending positive, management has confirmed the trajectory by upwardly revising its full-year guidance.
13 May 2026 at 05:20 pm AEST
China rallies towards multi-year highs
The Shanghai Stock Exchange is in the spotlight this week. Driven by exports and low production costs, the Middle Kingdom's main mainland exchange gained ground in April. However, caution remains warranted amid persistent Middle East tensions and fragile domestic consumption.
12 May 2026 at 11:55 pm AEST
Legrand ramps up while Davide Campari suffers a hangover
Earnings season continues as Davide Campari, Valiant Holding, and Solvay tumble following their releases, while Legrand and Henkel trend higher. Verisure benefits from Nordea's backing, and luxury stocks gain ground amid easing tensions in the Middle East.
07 May 2026 at 07:00 pm AEST
Thierry Garnier moves from Kingfisher to Ahold Delhaize
The "Usain Bolt" of retail is going back to his roots. At Carrefour Group he was promoted from an intern to head of its China division. It was there that he forged the strategy that would later drive Kingfisher's success at the height of the health crisis.
06 May 2026 at 11:35 pm AEST
MTU Preparing for Takeoff
The aerospace equipment manufacturer, whose stock hit a record high before the conflict in Iran, has since faced sharp sell-offs, losing a quarter of its value in just a few weeks. Operational performance, however, appears intact, even as the burden of the GTF engine continues to weigh on its accounts.
06 May 2026 at 07:50 pm AEST
Russell 2000: Small Caps, Big Impact
The market has long been fixated on AI and industry heavyweights. Yet, in the shadow of the "Magnificent 7," American small caps are poised to conclude a fourth consecutive month of outperformance relative to the S&P 500.
30 April 2026 at 06:52 pm AEST
Arcadis Tops This Earnings Day, Technip and Stellantis Bring Up the Rear
The earnings deluge across European markets is lifting Arcadis, Magnum, Delivery Hero and others, while sending Technip, Crédit Agricole and Stellantis sharply lower. Munich Re is losing ground as Mother Nature eases up, and Universal is treading water.
30 April 2026 at 05:50 pm AEST
74 Software: Growth Driven by Recurring Software Revenue
Results are positive for the Annecy-based company, and the shift toward more recurring revenue continues to advance. That said, beware the seasonality of its business: this first quarter is not necessarily indicative of the rest of the year.
30 April 2026 at 04:59 pm AEST
Can ABB Continue to Climb?
From a stockmarket purgatory in the early 2000s to the pinnacle of the AI infrastructure era: ABB is charting one of the most spectacular turnarounds in the industrial landscape. Yet, behind this rise, the pressure intensifies with every earnings release.
30 April 2026 at 04:46 pm AEST
The Retail Blind Spot: P/E vs. FCF Yield
Most investors focus on a handful of financial ratios. However, the most common ones often harbor flaws. In this series of articles, we will review these limitations to help you make more informed decisions in the markets.
29 April 2026 at 09:05 pm AEST
Can ABB Sustain Its Ascent?
From a stockmarket purgatory in the early noughties to the pinnacle of the AI infrastructure era: ABB is charting one of the most spectacular turnarounds in the industrial landscape. However, behind this rise, the pressure intensifies with every earnings release.
29 April 2026 at 08:27 pm AEST
Between AI and Valuation, SAP Back to Reality
The European software leader has been buffeted by a market seeking scapegoats in the face of rising AI dominance. However, the stock's recent decline may stem more from overstretched valuations than fundamental disruption.
28 April 2026 at 09:33 pm AEST
Telenor Loses Its Signal, Novartis Gets Sick and Norden Sets Sail
Air Liquide is weighed down by a halt in oil supply. Results that came in below expectations are hurting Telenor and Valmet. Meanwhile, Norden raises its targets and Nordic Semiconductor rides the AI wave.
28 April 2026 at 05:46 pm AEST
VAT Group: Back to Basics
Founded in 1965, VAT Group initially developed within scientific vacuum applications. In the late 1980s, the company pivoted towards the semiconductor industry. This specialization helped it gradually build an oligopolistic position in critical vacuum valves. Concurrently, the group expanded its operations into flat screens, photovoltaics, and research, significantly developing across Asia before its IPO in 2016.
24 April 2026 at 07:49 pm AEST
Futures: What they really tell us about the markets (and what they don't)
Often presented as "leading indicators," futures have become a staple of morning market commentary. However, interpreting them requires a more nuanced approach: these financial contracts do not predict the future; they reflect the state of the market at a specific point in time.
23 April 2026 at 11:43 pm AEST
Futures: what they really say about markets (and what they don't)
Often billed as "leading indicators", futures have become a staple of morning market commentary. Reading them is more nuanced, though: these financial contracts don't predict the future, they reflect the market's state at a given moment.
23 April 2026 at 10:38 pm AEST
Discover our authors
- Stock Market
- Our authors
- Enzo Willcox
