Kevin Smith

Diageo's Call to Arms Fails to Convince Investors

A funereal atmosphere, as described by the Financial Times, surrounds the world's leading wine and spirits producer. Under the supervision of its new CEO, Dave Lewis, the company is embarking on a severe austerity program.

18 June 2026 at 08:14 pm AEST

Novo Nordisk: Berenberg still a Buyer, Raises Target Price

Novo Nordisk shares are in demand on the Copenhagen Stock Exchange, rising over 4% to about DKK292, bolstered by a Berenberg report outlining several bullish catalysts for the stock.

17 June 2026 at 10:46 pm AEST

UCB Acquires Candid Therapeutics

The Belgian biopharmaceutical company UCB has announced that it has acquired Candid Therapeutics, a clinical-stage biotechnology company developing novel T-cell engager therapies for autoimmune and inflammatory diseases.

17 June 2026 at 06:59 pm AEST

Intuit joins ranks of suddenly demoted stockmarket stars

While the market once rewarded them with excessively generous valuation multiples, investors now show little interest in high-growth companies, which are perceived as being exposed to the risks of artificial intelligence.

17 June 2026 at 05:42 pm AEST

Evian G7: A Turning Point for the War in Ukraine?

In Evian, Volodymyr Zelensky hopes to capitalize on a shifting geopolitical landscape.

17 June 2026 at 04:41 pm AEST

Lenovo: the Next to Break Through the Ceiling

It's a record-breaking year for the Chinese hardware giant, which is smashing through expectations and moving past a difficult period that lasted since the post-pandemic slump.

17 June 2026 at 12:40 am AEST

Nvidia Weighs up Options Ahead of Massive Share Buyback

A double surprise has emerged at Nvidia, where the market capitalization is now trading at its lowest earnings multiple in 5 years, even as the group yesterday announced that is raising $25bn through a bond issue.

16 June 2026 at 09:06 pm AEST

Saint-Gobain Shareholders Cheer Dahl Sale While Kesko Investors Recoil

A tale of two reactions: while the market applauded Saint-Gobain's divestment of Dahl, its Scandinavian plumbing and heating distribution subsidiary, the acquisition by Finnish firm Kesko met a cool reception from the buyer's shareholders.

16 June 2026 at 05:01 pm AEST

Iran, Ukraine, China: The High-Stakes Agenda for the G7

Markets are approaching the G7 summit in Evian under significant pressure, caught between trade tensions, the war in Ukraine, energy risks and bond market volatility. While the preliminary agreement announced between the United States and Iran has eased oil prices, it leaves several questions unanswered regarding the Strait of Hormuz, sanctions and regional stability. Here are the key issues that will capture market attention.

16 June 2026 at 12:20 am AEST

OPEC Cuts 2026 Global Oil Demand Growth Forecast Again

12 June 2026 at 08:07 pm AEST

Adobe penalized by the market once again - despite solid results

In a textbook example of the rout facing formerly untouchable software stars, Adobe released its interim results after yesterday's closing bell. Investors frowned on the report with a mix of deep-seated distrust and extreme pessimism.

12 June 2026 at 06:51 pm AEST

Oracle Goes All Out

Once a formidable profit-generating machine, Oracle has now joined the ranks of American tech champions forced to raise capital to participate in the AI arms race.

11 June 2026 at 07:30 pm AEST

Auto1 Group remains determined to dominate Europe's used car market

The German used vehicle specialist remains committed to an extremely ambitious long-term vision, continuing its steady transformation from a traditional distribution model to a more integrated offering.

11 June 2026 at 05:43 pm AEST

Still tethered to the console cycle, Nintendo bets everything on Switch 2

A quintessential cult stock, Nintendo has nonetheless disappointed its most ardent supporters.

10 June 2026 at 06:28 pm AEST

Givaudan still in pole position in a concentrated and ultra-defensive sector

Deutsche Bank analysts have upgraded the stock of the Swiss manufacturer of fragrances, flavors, and cosmetic ingredients to "buy".

10 June 2026 at 12:26 am AEST

Sandisk sends Wall Street into a frenzy

In the realm of financial exuberance, the flash memory manufacturer occupies a vast continent all its own.

09 June 2026 at 08:18 pm AEST

GSK to Acquire Nuvalent

The British pharmaceutical giant has reached an agreement to acquire U.S.-based Nuvalent for $10.6bn, exceeding initial market rumors that suggested a valuation closer to $9bn.

09 June 2026 at 04:50 pm AEST

Meta shares weighed on by capital increase rumors

Meta shares closed Friday's session down 5.5%, with more rumors of a potential capital increase in the air.

08 June 2026 at 04:32 pm AEST

Paradigm shift and a new era for Alphabet's shareholders

In the world of finance, the most sensational news of the week was undoubtedly the $80bn capital increase announced by Alphabet.

07 June 2026 at 05:06 pm AEST

Sartorius AG out of favor, as mwb research maintains Sell rating

Sartorius AG shares are under pressure on the Frankfurt Stock Exchange, shedding 3.5% at EUR241. Beyond profit-taking following two consecutive sessions of gains, an analyst reaffirmed a Sell recommendation on the stock, leaving the TP unchanged at EUR190.

06 June 2026 at 01:22 am AEST

US Employment Regains Momentum, Complicating the Fed's Task

Official and alternative data are converging toward a clearer recovery in the US labor market, while inflation remains too high to justify interest rate cuts by the Fed.

06 June 2026 at 12:27 am AEST