Kevin Smith

Amazon Refocuses Its AI Strategy on a New Leading-Edge Model

Amazon is reshaping its artificial intelligence strategy by gradually scaling back development of several in-house models to concentrate its resources on a new leading-edge model, according to Business Insider. The group has reportedly begun sidelining several models in the Nova lineup, including Premier, Omni, Reel and Canvas. The new effort is being led by researcher Pieter Abbeel and is expected to be unveiled at the annual "re:Invent" conference later this year.

July 28, 2026 at 06:54 pm

Orange and Morrison want to create a data center JV in France

Orange and investment fund Morrison announced plans to create a 50-50 joint venture dedicated to data centers in France. This aims to expand available capacity to meet rising demand related to artificial intelligence and cloud services. The future platform is targeting total capacity of 400 megawatts, nearly 10 times what Orange currently operates.

July 28, 2026 at 06:48 pm

Jefferies raises Apple stock's TP ahead of quarterly results

Jefferies maintains its "hold" rating on Apple shares, raising its TP for them by 3% to $308.92, which implies 7% downside potential for the stock, ahead of the technology group's quarterly results due on Thursday evening.

July 28, 2026 at 06:47 pm

Hilton adjusts outlook after Q2

In Q2, net income and EPS came in slightly below market expectations, while revenue and adjusted EBITDA topped forecasts. The group pointed to "solid results" and slightly revised its full-year guidance, with RevPAR now expected to rise but the net income range trimmed slightly.

July 28, 2026 at 05:44 pm

Coca-Cola Raises Outlook for 2026

Riding a release that notably included EPS that topped expectations and an improving operating margin for the past quarter, Coca-Cola announced a slight increase to its full-year targets.

July 28, 2026 at 04:56 pm

Analysts react to Mercedes-Benz Group's earnings release

Mercedes-Benz posted one of the DAX 40's best performances in Frankfurt (+2.88% to EUR46.60) after reporting Q2 results that were largely above expectations.

July 28, 2026 at 04:05 pm

American Express rebounds after an "exaggerated" selloff, DZ Bank says

American Express shares rose nearly 3% to over $335 on Wall Street yesterday, regaining some of the ground lost on Friday (-4.3%) in the wake of its quarterly release, a pullback that DZ Bank also views as exaggerated.

July 28, 2026 at 12:08 pm

CXMT: +500% for China's new memory champion

Monday morning, CXMT made its debut on the Shanghai Stock Exchange. Within minutes, the DRAM memory maker's IPO turned into a market phenomenon.

July 28, 2026 at 11:20 am

OpenAI Seeks Nvidia Backstop to Finance Mega Data Center

According to The Wall Street Journal, OpenAI is in talks with Nvidia over a financial backstop of up to $250bn to raise the funding needed to build a 10-gigawatt data center campus in Ohio, a project whose total cost could top $500bn.

July 28, 2026 at 11:19 am

JetBlue Reviews Fare Strategy to Offer Travelers More Choice

JetBlue Airways said it is overhauling its fare structure to deliver a more segmented lineup, with greater flexibility on seat selection, ticket changes and refunds. The new setup, set to roll out in the coming days, will let customers choose their onboard experience first, then select the fare option that best fits their preferences. The move is part of a strategy to bolster the carrier's revenue as operating costs remain high.

July 27, 2026 at 09:59 pm

Peacock Will Be Included in YouTube Premium in US from 2027

NBCUniversal and YouTube have struck a major partnership that will fold the Peacock streaming service into YouTube Premium in the United States, while renewing their distribution agreement for YouTube TV.

July 27, 2026 at 08:41 pm

Nvidia, Microsoft and SpaceX form alliance to boost open AI security

Several major technology groups are launching the Open Secure AI Alliance to develop security tools built on open artificial intelligence models, as the industry grapples with a major cybersecurity incident and US debate over Chinese models.

July 27, 2026 at 05:35 pm

Oracle Lands Up to $7bn From the Pentagon Amid the Race to Fund AI

The US database specialist is consolidating the Pentagon's software licenses into a single contract. A timely win, but not enough to ease concerns about its cash burn.

July 26, 2026 at 06:05 pm

Samsung and SK Hynix to unveil major chip deals in the United States

On South Korean President Lee Jae Myung's visit to San Francisco, Samsung Electronics and SK Hynix are expected to announce major memory chip supply agreements with US technology groups. The announcements come as Seoul and Washington step up cooperation around artificial intelligence.

July 24, 2026 at 11:41 pm

Charter cuts its forecasts after a big loss of internet customers

Charter Communications is reducing its 2026 outlook after a Q2 marked by a bigger-than-expected drop in its internet subscriber base. Despite solid mobile results and revenue slightly above expectations, the market penalized the update, sending the stock down more than 2%.

July 24, 2026 at 07:05 pm

Airlines: Saadia Zahidi to take the helm at IATA from November

The global airline trade group IATA has tapped an executive from the World Economic Forum to succeed Willie Walsh.

July 24, 2026 at 05:47 pm

Biotechs: Obesity and China will separate the winners in H2

After a 56% rally in a year, further gains will hinge mainly on oral treatments, clinical readouts, and the ability to withstand competition from China.

July 24, 2026 at 05:21 pm

The Great Illusion of Oil Prices

A barrel of oil is back above the $100 mark. Strains on supply routes have reached an unprecedented level, sharpened by the Houthis' announcement that they will close the Bab-el-Mandeb Strait. This is the perfect moment to take a quick tour of how this price is actually formed.

July 24, 2026 at 03:21 pm

Will France's debt cost triple between 2021 and 2030?

4.01%. The yield France pays to borrow for 10 years briefly pushed past 4% this morning, a level not seen since October 2008. The rebound in energy prices and expectations of tighter monetary policy have lifted long-term rates across developed countries.

July 24, 2026 at 01:07 pm

The Bug in Your Ear: Cybersecurity Runs Into AI

Since 2022, the rise of generative artificial intelligence has upended the rules of cybersecurity. With attackers now equipped with AI, companies and security software vendors are accelerating their transformation. A true technology race is now underway.

July 24, 2026 at 12:28 am

Medpace jumps 15%, order rebound eases fears

Medpace shares surged 15% on Wall Street after beating quarterly expectations and, above all, reassuring investors about the momentum in new bookings.

July 24, 2026 at 12:05 am