Valentin Aufrand

Tesla: deliveries restart, but margins skid

Tesla is down a little more than 2% in electronic trading after reporting quarterly results marked by a clear gap between the rebound in volumes and profitability.

23 July 2026 at 06:37 am AEST

Capital One smashes expectations, but the drop in provisions raises questions

Capital One Financial is trading around flat in electronic dealings, despite quarterly results that came in well ahead of expectations. The US credit card and banking giant posted adjusted earnings of $5.81 per share, versus $4.69 expected. Net interest income rose 27% year over year to $15.85bn, slightly above the consensus of $15.77bn.

22 July 2026 at 06:36 am AEST

Citadel Securities Says Wall Street Is Technically Cleansed Ahead of the Earnings Test

The U.S. market is entering the second half of July in a radically different light than it did two weeks ago. In its latest note, U.S. market maker Citadel Securities says the technical 'reset' needed to keep the bull market going is now largely complete. Nine of the ten indicators tracked by its teams have improved markedly, allowing fundamentals to regain the upper hand over flows and positioning.

15 July 2026 at 04:26 am AEST

Diesel threatens to rekindle inflation despite a contained Brent

While investors keep watching Brent and tensions around the Strait of Hormuz, the real energy shock is now concentrated in the diesel market. This divergence could have more direct consequences for the global economy than the direction of crude oil prices themselves.

14 July 2026 at 04:07 am AEST

SK Hynix makes a strong Nasdaq debut with a premium of nearly 20%

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

11 July 2026 at 02:44 am AEST

NLIGHT steps up a gear in military lasers with a $627m contract

The American high-power laser specialist nLIGHT is surging +28% on the stock market this Thursday after winning a contract with the US Department of War.

10 July 2026 at 02:14 am AEST

Penguin Solutions takes off, lifted by memory and 'AI factories'

Penguin Solutions posted results that confirm its upgraded standing in the market's eyes. Shares of the U.S. provider of specialized memory, AI infrastructure and software for 'AI factories' jumped about 20% the day after earnings, taking its gain to nearly 300% since January 1.

09 July 2026 at 03:05 am AEST

Palantir Accuses OpenAI and Anthropic of Siphoning Companies' DNA

Alex Karp, Palantir's chief executive, sharply criticized OpenAI and Anthropic on CNBC, arguing that their token-based model exposes companies to a strategic risk around their data and intellectual property.

03 July 2026 at 02:06 am AEST

The Trump administration commits $17.5bn to jump-start nuclear power

The U.S. Department of Energy (DOE) has just announced a conditional commitment of $17.5bn in loan guarantees to speed the buildout of ten large-scale nuclear reactors in the United States by 2030. The funds are intended to finance the purchase of long-lead equipment, a step viewed as critical to restarting the American nuclear supply chain.

24 June 2026 at 06:18 am AEST

AI Is Starving the Rest of the Memory Chip Market

Deutsche Bank argues that the rush into memory chips marks a regime change for a historically cyclical industry. The thesis remains compelling, but 2027 could become the industry's first real test year, as the first capacity expansions begin to come online and the effects of the shortage spread more broadly into the real economy.

23 June 2026 at 05:02 am AEST

The Pro-Market Wave Sweeps Into Colombia, Brazil Now in the Crosshairs

The liberal turn is continuing across Latin America. After Javier Milei’s election in Argentina in 2023, followed by José Antonio Kast’s victory in Chile last December, Colombia has now crossed that threshold with the election of Abelardo de la Espriella last weekend.

23 June 2026 at 03:19 am AEST

What Kevin Warsh's Arrival Changes for the Fed and Markets

Kevin Warsh's arrival at the helm of the Federal Reserve is not just a change of face. The former Fed governor, who served from 2006 to 2011, has already begun to upend the institution's norms.

23 June 2026 at 02:18 am AEST

Gold Slumps as Markets Reassess the Risk of a More Restrictive Fed

Gold prices extended their decline on Friday, heading toward a weekly loss of approximately 4% as the market is once again dominated by rising yields and the unexpected resilience of the U.S. economy.

06 June 2026 at 01:39 am AEST

U.S. Employment Regains Momentum, Complicating the Fed's Path

Official and alternative data are converging toward a clearer recovery in the American labor market, even as inflation remains too elevated to justify interest rate cuts by the Federal Reserve.

06 June 2026 at 12:09 am AEST

U.S. Tax Withholdings Contradict the Economic Air Pocket Scenario

Federal tax withholdings accelerated in May in the United States, providing a reassuring leading signal regarding wages, employment, and domestic demand.

05 June 2026 at 07:20 am AEST

Innio Makes Strong Nasdaq Debut Fueled by AI Power Shortages

The German specialist in gas engines and decentralized energy solutions surged approximately 22% during its Nasdaq debut, driven by investor appetite for critical artificial intelligence infrastructure.

05 June 2026 at 04:55 am AEST

PVH Punished by Markets as Middle East Tensions Cloud European Outlook

The American parent company of Calvin Klein and Tommy Hilfiger saw its shares tumble by approximately 22% on Wall Street following its quarterly earnings report. Despite the sell-off, PVH Corp reported revenue of $2.0bn, a 2% increase in reported terms, and adjusted earnings of $2.01 per share, surpassing both internal guidance and investor expectations.

05 June 2026 at 04:25 am AEST

Costco confirms American consumer resilience in May

Following an already solid April, Costco's comparable sales in the United States accelerated further in May, confirming the continued strength of demand for everyday purchases.

05 June 2026 at 03:24 am AEST

Ciena tumbles despite record quarter, weighed down by sky-high expectations

Despite beating expectations and raising its annual guidance once again, Ciena Corporation shares dropped approximately 16% on Wall Street following its quarterly release. However, the move must be viewed in context: the American networking equipment maker, specializing in high-speed optical networks, remains up roughly 120% year-to-date, fueled by the frenzy surrounding artificial intelligence infrastructure.

05 June 2026 at 03:07 am AEST

Private Credit Volatility Rattles Alternative Asset Giants

Major alternative asset managers tumbled on Wall Street Wednesday as fresh concerns regarding private credit took hold. Blackstone, KKR, Blue Owl, and Ares each saw shares drop between 4% and 5% during the session, as investors await upcoming updates on redemption requests within unlisted private credit funds.

04 June 2026 at 03:47 am AEST

Vanguard Hits $1tn Milestone with S&P 500 ETF

The Vanguard S&P 500 ETF, known by its ticker VOO, has crossed the symbolic $1,000bn mark in assets, a first for the exchange-traded fund. The vehicle has quadrupled its assets under management since 2022 and has overtaken State Street's SPY, the long-standing market benchmark, driven by the Wall Street rally, steady flows into index products, and the search for exposure to large-cap U.S. stocks linked to artificial intelligence.

04 June 2026 at 02:17 am AEST