Kevin Smith

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.

09 July 2026 at 03:33 am AEST

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.

08 July 2026 at 10:56 pm AEST

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.

08 July 2026 at 07:01 pm AEST

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.

08 July 2026 at 04:48 am AEST

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%.

08 July 2026 at 04:38 am AEST

Productivity and AI: mirage or reality?

Between technological promise and macroeconomic reality, AI is starting to move the productivity needle, but in a still highly concentrated way.

08 July 2026 at 04:36 am AEST

Airlines: lower jet fuel prices ease pressure on European carriers, analysts say

Easing fuel prices and a more favorable geopolitical backdrop are improving the outlook for European air travel. In practical terms, the risks hanging over the sector just a few weeks ago are starting to fade, Bernstein and Morgan Stanley say, even as capacity discipline remains a decisive factor in protecting yields.

08 July 2026 at 12:35 am AEST

Meta knocks neo-clouds out of the sky

Meta's entry into the market for renting computing power significantly changes how investors should read the investment cycle in artificial intelligence.

07 July 2026 at 11:07 pm AEST

Ford manages to maintain its appearances

All the American automaker's lineups remain highly successful.

07 July 2026 at 10:37 pm AEST

Telstra stock finds its footing again in the market

Australia's leading mobile operator is climbing back after a tricky cycle.

07 July 2026 at 08:50 pm AEST

TKMS named preferred supplier for a landmark submarine contract

The German group has cleared a major hurdle with a project that could become the largest order in its history, which will materially strengthen its long-term visibility. The stock is up 0.2% this morning in Frankfurt, after already jumping 11% the day before on the first rumors about the deal, while Hyundai Heavy Industries and Hanwha Ocean, the big losers in the tender, fell 5% and 22%, respectively.

07 July 2026 at 07:13 pm AEST

Why China's growth looks different from the previous decade

China's economy has been on shaky ground since Beijing put in place its ''three red lines'' to deflate the property bubble. The tightening of financing conditions in 2020 broke demand, drove down construction activity, and weighed on prices per m², further discouraging buyers.

07 July 2026 at 06:36 pm AEST

TKMS soars after possible contract for 12 submarines with Canada

The Canadian government is said to be preparing to make official its selection of Germany's Thyssenkrupp Marine Systems (TKMS) as the preferred bidder to build 12 submarines, according to Canadian outlet The Globe and Mail.

06 July 2026 at 11:25 pm AEST

ASM International slides after naming a future CFO

ASM International falls 3.7% to EUR940 in Amsterdam, after its supervisory board announced it intends to appoint Chris Figee as a future management board member and chief financial officer (CFO), succeeding Paul Verhagen, who is set to retire next year.

06 July 2026 at 07:21 pm AEST

EasyJet Clears the Way for Castlelake's Fifth Bid, Shares Soar

The airline says the U.S. fund's proposal is attractive enough to consider recommending it, subject to finalizing the transaction terms. The stock is already up nearly 10% in London.

06 July 2026 at 07:10 pm AEST

Terafab, a disruptive project or a damp squib?

With Terafab, Elon Musk is taking another step in his industrial ambition. The head of Tesla and SpaceX is considering building a mega semiconductor plant in Texas, designed to compete with the industry's global leaders. It is a colossal project, commensurate with his companies' growing need for computing power, but it also raises plenty of questions about whether it can actually be delivered.

03 July 2026 at 06:12 pm AEST

Does the suspension of KNDS's IPO conceal a more serious problem?

In European financial markets, today's jolt is KNDS's surprise decision to suspend its initial public offering.

03 July 2026 at 12:53 am AEST

The biggest structural macro shock expected in the coming years

Forget the Fed or geopolitics. The biggest macroeconomic shock likely to durably reshape the global economy and financial markets over the next few years could come from China.

02 July 2026 at 05:22 pm AEST

SpaceX: a $700bn float that could soak up Wall Street liquidity

With a market capitalization near $2,000bn and a free float that could approach 40% by year-end, versus roughly 5% today, SpaceX could theoretically represent up to $700bn in additional stock for the market to absorb in the coming months.

02 July 2026 at 05:05 pm AEST

Nike's full-blown slump

As Wall Street opens this afternoon, investor reaction to Nike's latest results is expected to be overwhelmingly negative.

01 July 2026 at 06:24 pm AEST

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.

01 July 2026 at 05:23 pm AEST