Justin Emerson

Hochschild surges as record prices lift profits

Hochschild Mining's shares rose 7% after record precious-metal prices helped the company more than triple its profit and move into a net cash position. Investors welcomed the stronger earnings, larger dividend and unchanged production target, even though rising costs and the difficult turnaround of its Brazilian mine remain significant concerns.

August 26, 2026 at 01:09 pm

Intuit disappoints with annual guidance, shares slide after hours

Intuit issued fiscal 2027 guidance that came in below Wall Street expectations, as the group prioritizes winning new customers and gaining market share at the expense of near-term growth. Shares in the software publisher fell over 7% after close yesterday, extending their YTD decline to more than 44%.

August 26, 2026 at 12:05 pm

SpaceX plans up to $100bn for a new site in Louisiana

SpaceX plans to invest up to $100bn in Starbase Louisiana, a new space complex designed to become the main launch site for its Starship rocket. Located in Vermilion Parish, the project could ultimately host thousands of launches a year and create around 10,000 jobs, according to Elon Musk.

August 25, 2026 at 10:55 pm

EasyJet: Apollo's buyout runs into the European regulatory maze

The airline is continuing talks with regulators ahead of releasing the documents related to its buyout. At around 4 p.m., easyJet shares were up about 0.3% in London, at roughly 675 pence.

August 25, 2026 at 06:59 pm

Is Britain escaping its productivity trap?

Britain's economy has spent most of the past 15 years producing remarkably little extra output for each hour worked. New research from the Resolution Foundation suggests that this may finally be changing. Its alternative measure of productivity points to a broad recovery since 2024. Has Britain finally broken with its post-financial-crisis malaise?

August 25, 2026 at 12:50 pm

Shein Plans Up to $3.5bn for Certain Investors in Its IPO

Shein plans to pay up to $3.5bn to certain existing investors as part of its Hong Kong IPO, partly to offset the sharp drop in its valuation. Potential beneficiaries include entities linked to Boyu Capital, Tiger Global, General Atlantic, Thrive Capital, Mubadala and Brookfield. These investors hold preferred shares with protection mechanisms in the event the IPO is carried out at a valuation below that of previous funding rounds.

August 25, 2026 at 11:13 am

Muted Start to the Week for Nvidia, Caution Ahead of Earnings

Nvidia is down 2.5% at $209 on Wall Street, getting off to a weak start to a week set to be defined by the release of its quarterly results, due this Wednesday after close, despite a Bloomberg report citing price increases for AI servers for the group's customers.

August 25, 2026 at 11:11 am

IPO records: what do these numbers actually mean?

From SpaceX to Anthropic, the amounts related to recent or upcoming IPOs are dizzying. You still need to know which metrics the figures being cited actually refer to…

August 24, 2026 at 04:34 pm

China: Beijing Prepares New Measures to Stem the Economic Slowdown

China is preparing new fiscal measures to support businesses and households, as weakening domestic demand pulls the economy further from Beijing's annual target.

August 24, 2026 at 11:00 am

Is Britain Winning Its Brexit Bet?

Ten years after the referendum, could Brexiters have been right all along about leaving the EU? Business activity accelerated in August, while France contracted and Germany managed only modest growth. For advocates of leaving the bloc, the figures may offer a sense of vindication. Is Britain finally starting to reap the rewards of Brexit?

August 21, 2026 at 04:46 pm

The Week's Best Reads: Bessent as the Firefighter on Call

An August week when markets pretended to be asleep. Beneath the surface, things are shifting, however: the bond market reminded stocks that it still matters. In AI, the question right now is less "does it work?" than "who pays?".

August 21, 2026 at 12:39 pm

Hunting's two-speed recovery

Hunting provides specialist products and services to industries including aerospace, power generation, healthcare, and oil and gas. The British group's first-half figures tell two stories. Its newer subsea and well-completion business are growing briskly, boosted by efforts to reduce dependence on large pipe orders. However, weaker earnings, poor cash generation and delayed Kuwaiti contract show that the transformation remains incomplete.

August 21, 2026 at 12:28 pm

Walmart's Cautious Boom Disappoints Investors

Walmart's stock suffered its steepest premarket decline since July 2022 after the results. Americans are still shopping, but they are choosing groceries, low prices and convenience over ambitious purchases. Walmart's latest figures reveal a consumer who remains active rather than exuberant and an economy whose growth is becoming increasingly uneven.

August 20, 2026 at 05:35 pm

Will Moderna Wake Up the Health Care Sector?

Do the clinical results announced by Moderna and Merck & Co yesterday mark a turning point for oncology? That's a question worth several hundred billion dollars. The stock market, never shy about speculation, is betting yes: Moderna skyrocketed 177% yesterday, adding a cool $44bn to its market cap in a single session.

August 20, 2026 at 12:49 pm

KKR close to a deal to buy Integer Holdings

KKR is said to be close to completing the acquisition of Integer Holdings, a medical device contract manufacturing specialist, according to The Wall Street Journal, citing people familiar with the matter. An offer could be announced as soon as next week and would value the company at around $127 per share.

August 03, 2026 at 12:06 pm

Amazon Lifts Wall Street, but Rising Yields Limit Rebound

US markets extended Thursday's rebound on Friday, ending another volatile session, supported by strong results from mega-cap technology names, despite continued pressure from higher bond yields. The S&P 500 rose 0.70% to 7,489.7 points, the Nasdaq 100 gained 0.60% to 28,274.2 points and the Dow Jones advanced 0.53% to 52,485.0 points.

August 03, 2026 at 12:03 pm

IAG's fuel problem

Strong demand and tighter costs kept International Airlines Group profitable in the first half. But war in the Middle East has raised its fuel bill, disrupted its network and brought an abrupt end to its expansion plans.

July 31, 2026 at 12:44 pm

Intel Opens Up Its Atom Technology to a Start-Up in Lip-Bu Tan's Circle

Intel has granted the young company RosaicLabs access to part of its Atom processor technology, an unusual move for the group. This start-up, founded by several industry veterans close to CEO Lip-Bu Tan, could raise up to $10m.

July 31, 2026 at 10:26 am

United States: Q2 GDP sends a misleading slowdown signal

At first glance, US growth in Q2 2026 disappoints, with GDP up only 1.5% at an annual rate, after 2.1% in Q1. That deceleration, however, masks private domestic demand that is far more robust than it first appears, which greatly tempers the notion of a genuine slowdown in the US economy.

July 31, 2026 at 10:23 am

AB InBev Slips on Profit-Taking After Q2

AB InBev shares were down sharply Thursday morning on the Brussels stock exchange, weighed on by profit-taking after the release of strong Q2 results, although this was not enough to keep the stock's upward momentum going, with a 32% increase YTD. After lunch the shares were down about 2% at just over EUR72, marking one of the steepest declines in the BEL 20 index, which was down 1.3% at the same time.

July 30, 2026 at 05:39 pm

Bank of England Leaves Base Rate Unchanged

The Bank of England said its Monetary Policy Committee voted at yesterday's meeting to keep its key rate at 3.75%, by a six-to-three majority. Three members would have preferred a 0.25% increase to 4%.

July 30, 2026 at 05:11 pm