Valentin Aufrand

What if the S&P 500 rebounded to 8100 by the end of the year?

Despite Wall Street's violent correction in the wake of the midterm elections, historical statistics point to a much better scenario for the next few weeks, with the S&P 500 potentially rebounding towards 8100 by the end of the year. The target may seem ambitious after the index's 4.4% drop on Thursday, but it comes during a period that is traditionally very favorable for US stocks.

09 November 2026 at 08:54 pm AEDT

Jane Street, Virtu, Flow Traders, ABC Arbitrage: Behind the Big HFT Catchall

Nearly everyone has heard of high-frequency trading, but it is much harder to know what the companies that use it actually do and how they make money. Jane Street, Citadel, Virtu, Flow Traders and ABC Arbitrage are often grouped under the same label, even though their activities, risks and revenue drivers are far from identical.

09 October 2026 at 05:26 am AEDT

Brazil: the Lula-Bolsonaro showdown eases the bond market

Less than a month before the first round, scheduled for October 4, Brazil's presidential race is starting to dictate the trajectory of local assets. The yield on the 10-year government bond has fallen back to around 14.21%, from nearly 14.90% on August 14, while the real and the Ibovespa have also benefited from tighter polling.

09 September 2026 at 06:15 am AEST

Beijing injects 360 billion yuan to shore up its banks

China's Ministry of Finance will issue 300 billion yuan, or about $44bn, in special sovereign bonds to strengthen the capital of eight major state-owned financial institutions. With participation from other public shareholders, notably entities tied to China's state tobacco monopoly, the operation will total up to 360 billion yuan, including 160 billion yuan for Agricultural Bank of China and 100 billion yuan for ICBC.

08 September 2026 at 06:35 am AEST

Lululemon loses its footing, shares plunge 15%

Lululemon slid 15% in after-hours trading after sharply cutting its full-year outlook, as the Canadian maker of premium athletic apparel continues to struggle to reignite North American sales and is now seeing the slowdown spread to its international markets.

04 September 2026 at 06:34 am AEST

Palo Alto Networks cashes in fully on the AI-driven rush into cybersecurity

U.S. cybersecurity specialist Palo Alto Networks gave back its roughly 5% jump in after-hours trading, after wrapping up fiscal 2026 with results that beat expectations and offering upbeat guidance for the new fiscal year.

02 September 2026 at 06:31 am AEST

Anthropic rolls out Fable 5.1 just weeks ahead of a possible IPO

Anthropic has unveiled Claude Fable 5.1, an upgrade to its most powerful model, aimed primarily at software development, research and complex tasks that can be run autonomously for several hours. The group is also launching Mythos 5.1, which is built on the same model, but whose guardrails have been tailored for licensed professionals in cybersecurity and life sciences.

02 September 2026 at 05:47 am AEST

What is Pasqal Holding and why is it worth so much -

French company Pasqal made a splashy debut on the Nasdaq on Friday, with its shares, trading under the ticker PSQL, jumping as much as 73% during the session before finishing up about 40%.

02 September 2026 at 04:43 am AEST

Gap soars after raising its profit targets despite Old Navy

Gap jumped 11% in after-hours trading Thursday, with investors focusing on margin resilience and the U.S. apparel group's higher profit targets, despite sales coming in slightly below expectations and still sharply mixed performance across its brands.

28 August 2026 at 07:04 am AEST

Autodesk disappoints on its outlook despite a better-than-expected quarter

The California-based design, engineering and manufacturing software publisher delivered second-quarter fiscal 2027 revenue of $2.05bn, up 16%, or 14% at constant currency, versus a consensus near $2.01bn. Adjusted earnings per share rose 26% to $3.30, also topping the $3.12 expected.

28 August 2026 at 06:37 am AEST

HP slides despite better-than-expected results, margins raise concerns

HP was down 9% in after-hours trading, despite quarterly results that came in well above expectations and an increase to its full-year outlook. Investors appear to have focused on shrinking margins, against a backdrop still shaped by rising memory-component costs.

27 August 2026 at 06:58 am AEST

Treasuries: Citadel Securities now bets on easing long-term rates

After taking a bearish view on bonds at the start of the summer, Citadel Securities now believes the risk-reward balance tilts in favor of a pullback in long-term US rates over the coming months.

27 August 2026 at 04:04 am AEST

Bitcoin jumps 23% and is heading for its best week since March 2023

Bitcoin was up about 6% on Friday, around $77,400, after briefly nearing $79,500 late in the morning. Up nearly 23% since Monday, the cryptocurrency is on track for its best week since March 2023, provided it does not give back these gains before the weekend ends, with the crypto market remaining open around the clock. Despite this rebound, it is still about 39% below the record high of more than $126,000 set in October 2025.

22 August 2026 at 04:22 am AEST

Futu posts a record quarter, lifted by enthusiasm for AI-linked stocks

Futu Holdings shares rose nearly 2% on Thursday after the company reported quarterly results well above expectations, supported by accelerating trading volumes and the international expansion of the China-Hong Kong online brokerage and wealth management platform, parent of the Futubull and Moomoo apps.

21 August 2026 at 04:35 am AEST

Twist Bioscience benefits from Claude's advances in protein design

Anthropic has just shown that Claude can directly contribute to the design of proteins capable of binding to biological targets, an important step in the development of many drugs.

20 August 2026 at 05:02 am AEST

Costco readies its entry into Medicare with SCAN

Costco, the world's third-largest retailer behind Walmart and Amazon, is preparing to enter the US senior health insurance market through a partnership with SCAN Group, a non-profit insurer specializing in Medicare.

19 August 2026 at 06:12 am AEST

Baidu shares plunge 14%, caught between free-falling advertising and record investment

Baidu shares fell about 14% Tuesday on the Nasdaq after results showed that growth in its artificial intelligence businesses still does not fully offset the decline in its search engine.

19 August 2026 at 04:38 am AEST

The French 10-year yield tops 4% for the first time since 2009

The yield on France's 10-year bond has moved above 4%, a level not seen since June 2009.

18 August 2026 at 05:23 am AEST

CME Group: was the market right to worry about perpetual futures?

Between its early March peak around $329 and its late June low at $218, CME Group gave up nearly 34%. The selloff was largely fueled by the CFTC's approval of Kalshi's Bitcoin perpetual futures, which intensified fears that these no-expiry contracts, already highly popular on offshore crypto platforms, would gradually shift liquidity out of CME's ecosystem.

15 August 2026 at 05:11 am AEST

Nu Holdings eases credit concerns and tops $1bn in profit

Nu Holdings rose 8% on Wall Street a day after results marked, for the first time, by clearing the threshold of $1bn in quarterly net profit. Active in Brazil, Mexico and Colombia, the Latin American digital banking giant continues to pair rapid business growth with improving profitability.

15 August 2026 at 04:22 am AEST

Intel raises $20bn, its CEO personally chips in

Intel is taking advantage of the sharp rebound in its stock to strengthen its balance sheet and fund its industrial ambitions. Chief executive Lip-Bu Tan and a family member will invest $12m in the deal.

14 August 2026 at 03:48 am AEST