Nicolas Thomas

Goldman Sachs still cautious about GSK

After a strong 3.47% gain the previous day, GSK shares saw profit-taking in London on Wednesday. On Tuesday, the UK drugmaker reported H1 results that topped expectations, but its guidance was slightly below consensus.

30 July 2026 at 05:07 pm AEST

Lam Research beats expectations, forecasts sustained growth fueled by AI

Lam Research posted quarterly results above expectations and issued a significantly stronger-than-expected revenue outlook for the current quarter. The semiconductor equipment maker is benefiting from robust demand relating to investment in artificial intelligence infrastructure.

30 July 2026 at 04:37 pm AEST

Shell and Phillips 66 consider selling their stakes in the Explorer pipeline

According to Reuters, Shell and Phillips 66 are exploring the sale of their interests in the Explorer pipeline network, a deal that could value this strategic US infrastructure at around $3.5bn, amid strong demand for energy assets.

30 July 2026 at 04:54 am AEST

Three European companies exposed to electrification

The return to grace of stocks related, whether directly or indirectly, to artificial intelligence has lowered the entry price for several electrification plays. It's hence the right time to revisit three well-wired European names.

30 July 2026 at 12:27 am AEST

Deutsche Bank Surges After Profit Smashes Expectations

Deutsche Bank shares jumped 4.2% to EUR32.2 in Frankfurt, cheered by a record Q2 2026 net profit, driven by momentum in its investment banking business and improved operating efficiency, allowing it to reiterate its targets with confidence.

29 July 2026 at 07:06 pm AEST

Logitech shares hit after mixed start to fiscal year

Logitech shares are down over 7% to about CHF 81 in Zurich, the day after reporting Q1 2026-2027 results that AlphaValue viewed as mixed, with profits actually heavily boosted by a one-off item and cautious targets for the current quarter.

29 July 2026 at 07:06 pm AEST

ASM International sees better-than-expected Q3 on AI demand

ASM International said it expects Q3 revenue of about EUR1.1bn at constant exchange rates, plus or minus 5%, above analysts' expectations of EUR994.5m on average. The Dutch semiconductor equipment maker continues to benefit from sustained investment in artificial intelligence infrastructure.

29 July 2026 at 04:46 pm AEST

Meta: what to expect in Q2 as capex blowout risks loom

Meta will report its Q2 results after Wall Street closes on Wednesday, with expectations that look relatively manageable operationally. Consensus is calling for about $60.2bn in revenue, near the top end of the $58bn to $61bn guidance range, while Jefferies is looking for $60.5bn and believes that the company could also beat expectations in Q3.

29 July 2026 at 04:45 pm AEST

Visa Plans to Lay off About 7% of Workforce

Visa is planning to make about 7% of its workforce redundant, i.e. nearly 2,600 jobs, as part of a program aimed at improving operating efficiency, according to Bloomberg News, citing an internal memo. The layoffs would primarily affect technology teams and product development staff. The company did not comment on the report and is set to release its quarterly results after Wall Street closes today.

29 July 2026 at 12:47 am AEST

Rheinmetall, sacrificed on the altar of Germany's 2027 budget?

According to a document seen by Bloomberg, Berlin is planning to cut defense spending on ammunition next year in favor of other capabilities. Enough to deepen the challenges facing Rheinmetall AG, the world's leading maker of 155 mm artillery shells?

28 July 2026 at 05:20 pm AEST

Fed could resume rate hikes

The Federal Reserve is expected to leave its benchmark rate unchanged on Wednesday in a range of 3.50% to 3.75%, but the decision could mainly set the stage for a new round of rate hikes as soon as September. The markets are no longer fully ruling out a surprise, assigning roughly a one-in-three chance of a rate hike as early as this week.

28 July 2026 at 05:15 pm AEST

Orange and Morrison want to create a data center joint venture in France

Orange and investment fund Morrison announced plans to create a 50-50 joint venture dedicated to data centers in France. The goal is to expand available capacity to meet surging demand tied to artificial intelligence and cloud services. The future platform is targeting total capacity of 400 megawatts, nearly ten times what Orange currently operates.

28 July 2026 at 05:20 am AEST

Euronext reportedly weighing the creation of a market for unlisted securities

The pan-European exchange group has reportedly begun talks with clients about a platform dedicated to private companies, a move that would put it in direct competition with London Stock Exchange Group, Bloomberg says.

27 July 2026 at 06:41 pm AEST

Anthropic launches Opus 5, a more affordable and better secured AI model

Anthropic introduced Opus 5, a new artificial intelligence model that delivers performance close to Fable 5 at half the cost. The company is highlighting its efficiency for everyday business use cases, while emphasizing stronger security safeguards.

25 July 2026 at 05:39 am AEST

Nokia slips as UBS says good news already priced in

Nokia shares are falling this Friday on the Helsinki stock exchange, with shares in the Finnish network equipment maker pressured by a TP cut from UBS, which cites a valuation it deems sufficiently rich.

24 July 2026 at 11:54 pm AEST

Commerzbank says it is ready to discuss a merger with UniCredit

Commerzbank supervisory board chairman Jens Weidmann has urged UniCredit to open talks on the terms of a possible merger, signaling a shift in the German bank's stance. After months of opposing the takeover bid launched by its Italian rival, Commerzbank now appears to favor negotiations over the deal's conditions.

24 July 2026 at 10:53 pm AEST

Three times more billions, 39 fewer IPOs: has the stock market become too demanding?

The IPO market has clearly reopened, but it no longer looks like it was in 2021. There are fewer candidates, while the deals are much larger. In six months, $193.6bn was raised, triple the amount a year earlier. But a single transaction alone accounts for nearly half the total.

23 July 2026 at 10:42 pm AEST

MarketScreener's Odds and Ends: South Korea is more volatile than bitcoin

We start in South Korea, where the stock market has turned into a financial roller coaster. Next stop is Wall Street, where analysts see S&P 500 profits surging. To wrap up, we head to Europe, where the demographic map shows a split between a West that is attracting, while the East is emptying.

23 July 2026 at 06:40 pm AEST

Oil Reignites the Fuse in Bond Markets

Global bond markets are facing a fresh wave of selling that is pushing sovereign yields towards levels rarely seen since the financial crisis.

23 July 2026 at 06:26 am AEST

The European Union clears Paramount-Warner Bros. Discovery merger, still blocked in the United States

The European Commission has approved Paramount Skydance's planned acquisition of Warner Bros. Discovery, a $110bn deal that marks a major regulatory milestone. The clearance comes even as the merger remains on hold in the United States because of a lawsuit filed by several state attorneys general on antitrust grounds.

23 July 2026 at 04:51 am AEST

What if China's new AI miracle costs too much?

Rolled out on July 16 by the Beijing based start-up Moonshot AI, Kimi K3 is nipping at the heels of the best American models on benchmark leaderboards and even edges ahead on website creation, with Washington clearly irritated by this. However, before giving in to panic, let's look at the model's real bill, which tells a different story.

22 July 2026 at 10:30 pm AEST