Kevin Smith

Starship: SpaceX targets a new launch after a last-minute scrub

SpaceX plans to try again as soon as next week to launch its Starship rocket, after an automatic abort just seconds before liftoff during the 13th test flight. While this kind of technical issue is common in a development program, it triggered a sharp market reaction, with the company's shares falling more than 4% and wiping out nearly $100bn in market capitalization.

July 17, 2026 at 11:17 pm

Netflix sinks after its results, analysts rewrite the script

Despite quarterly results in line with its expectations, with double-digit growth in revenue and profit, Netflix shares are down about 9% on Wall Street. While analysts are not questioning the streaming giant's business model, they are worried about slowing growth and are questioning user engagement. Recommendations remain uniformly positive, even as target prices are often cut.

July 17, 2026 at 09:19 pm

Apple's valuation exceeds Nvidia's again on renewed investor confidence

Apple once again became the world's largest market capitalization on Friday, with a valuation of about $4,880bn, edging past Nvidia, which slipped back to $4,860bn after a pullback in its shares. The shift reflects a change in market sentiment, as investors are now broadening their artificial intelligence bets beyond chipmakers alone, after nearly a year of Nvidia's dominance.

July 17, 2026 at 06:32 pm

Dassault Systemes reportedly in talks to buy ArisGlobal for $2bn

The French software group is said to be in discussions to acquire clinical trials solutions provider ArisGlobal from Swedish private equity firm Nordic Capital, the Financial Times reports. The deal would strengthen Dassault's presence in life sciences.

July 17, 2026 at 11:07 am

Accor investigates CEO Sebastien Bazin and then clears him

The hotel group's board is said to have hired Paris law firm BDGS to investigate suspicions of conflicts of interest and favoritism involving its CEO, the Financial Times reports. The probe, concluded in recent weeks, finally dismissed all allegations.

July 17, 2026 at 11:01 am

Netflix posts results in line with expectations, still betting on advertising

Netflix reported quarterly results that are broadly in line with Wall Street expectations, while the market greeted its release cautiously, pushing the stock down nearly 8% post-market. The group is still betting on advertising and live programming to support growth, while changing how it communicates about viewing on its platform.

July 17, 2026 at 10:23 am

Csquare gets off to a cautious start on Wall Street despite the data center boom

Data center provider Csquare made its debut on the New York Stock Exchange with a slight 0.5% decline, valuing the company at $3.24bn. The shares opened at $20.90, versus an IPO price of $21, which was itself set below the indicated range. The deal allowed the Brookfield-backed group to raise $1.05bn through the sale of 50m shares.

July 16, 2026 at 10:13 pm

Micron locks in sales with new auto industry supply deals

Micron Technology has signed long-term supply agreements with several players in the automotive industry, including Qualcomm and Harman, to provide memory and storage components for vehicles incorporating artificial intelligence functions. These partnerships are designed to secure supplies and support the ramp-up of next-generation automotive platforms.

July 16, 2026 at 10:11 pm

United Airlines grounded after quarterly results as the market turns demanding

The airline posted quarterly results that were largely above market expectations, despite a sharp rise in fuel costs, and it also raised the floor of its 2026 EPS forecast. Yet investors are turning more demanding: the stock is down about 2% in New York.

July 16, 2026 at 06:58 pm

Eli Lilly to acquire AtaiBeckley to bolster its mental health push

The US drugmaker is taking over a company focused on treatments for hard-to-treat psychiatric disorders, aiming to expand its neuroscience portfolio.

July 16, 2026 at 06:08 pm

3M ahead in Dow Jones after an AI partnership with Microsoft

3M was a big winner (+2.5%) in the Dow Jones on Wednesday on the New York Stock Exchange, in a slightly higher market (+0.3%), following the formal announcement of a strategic partnership with Microsoft in AI-focused data centers.

July 16, 2026 at 10:59 am

BlackRock praised for strong results and share buybacks

BlackRock shares closed up over 6% at around $1,090 yesterday, following a quarterly report that beat expectations on both profitability and revenue, notably with assets under management at a record level, a strong position that enabled management to raise its share buyback target.

July 16, 2026 at 10:45 am

United Airlines tops expectations despite surging fuel costs

United Airlines posted better-than-expected Q2 results, with adjusted EPS of $1.99 and revenue of $17.67bn, both slightly above analysts' forecasts. However, the carrier offered cautious guidance for Q3, while raising the lower end of its full-year profit outlook. Markets chose to punish that guidance in after-hours trading, with the stock down more than 3.5%.

July 16, 2026 at 01:22 am

Dave Brown, a longtime AWS leader, to leave Amazon after 19 years

Dave Brown, one of the top executives at Amazon Web Services (AWS), will leave Amazon after 19 years with the company. A member of the ''S-team'', the small circle of leaders who advise CEO Andy Jassy directly, he will join another company, according to an internal memo, though the nature of his new role was not specified.

July 15, 2026 at 10:49 pm

ASML sees upside potential for pricing in its lithography equipment

ASML believes it could raise prices on some of its semiconductor manufacturing equipment, supported by demand that is still robust. Chief Financial Officer Roger Dassen said production capacity for the latest-generation EUV machines is almost fully booked through the end of 2027, strengthening the group's bargaining power.

July 15, 2026 at 09:49 pm

US: Smaller-than-expected decline in oil inventories

July 15, 2026 at 07:07 pm

The 3 European stocks that analysts like the most this summer

Now that you have been tempted by this alluring headline, we need to see whether there is any common thread between online betting, X-rays and a game of Catan. None, at first glance. But actually, yes there is.

July 15, 2026 at 03:37 pm

Small providers gain some ground in Europe

In H1, the combined market share of the sector's heavyweights slipped slightly. Even so, leading ETF sponsors continue to dominate the market.

July 15, 2026 at 11:32 am

Citadel Securities says Wall Street is technically cleansed ahead of the earnings test

The US market heads into the second half of July looking radically different from two weeks ago. In its latest note, US market maker Citadel Securities argues that 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 meaningfully, allowing fundamentals to regain the upper hand over flows and positioning.

July 15, 2026 at 12:54 am

After chips, the AI battle shifts to electricity and water, Goldman Sachs says

Progress in artificial intelligence will no longer depend solely on model sophistication, but increasingly on the infrastructure required to run it. Goldman Sachs puts cumulative investment between 2026 and 2031 in compute power, data centers and electricity at about $7.6tn, with annual spending rising from $765bn to $1.64tn.

July 15, 2026 at 12:17 am

The UK Invests £26bn to Modernize Its Naval Bases

The UK Ministry of Defence is launching the largest naval infrastructure investment program since the end of the Cold War to strengthen the Royal Navy's operational capabilities.

July 14, 2026 at 05:34 pm