Kevin Smith

Washington moves toward a sale of offshore mining leases near the Northern Mariana Islands

The United States is preparing a possible sale of leases for mining "critical" minerals in federal waters off the Northern Mariana Islands. The plan, which is still subject to several regulatory steps, reflects Washington's push to reduce its reliance on foreign supplies.

August 18, 2026 at 09:25 pm

Oil weighs on European stockmarket sentiment

Despite a solid ZEW reading, European stock markets are downbeat this Tuesday, as a geopolitical stalemate in the Middle East, which is pushing oil prices higher, fuels fears of stubborn inflation.

August 18, 2026 at 08:07 pm

Wall Street Wants to Put the Stock Market on the Blockchain

As the cryptocurrency market goes through a particularly bleak stretch, one small corner is actually moving in the opposite direction. Bitcoin is hovering around $60,000 to $65,000, Coinbase has just posted its third straight quarterly loss, and crypto trading volumes have contracted sharply. However, investors are increasingly trading… shares of Apple, Tesla, Nvidia, or US ETFs on crypto-native infrastructure. This market has a name: tokenized stocks.

August 18, 2026 at 08:07 pm

BHP capitalizes on its strategic pivot towards copper

It's a fanfare year for the Australian mining group, which is back to profit levels that it has not seen in twelve years, excluding the abnormal, massive distortion recorded during the pandemic.

August 18, 2026 at 08:07 pm

Royal Unibrew is worst performer in the STOXX Europe 600, as H1 results disappoint

Danish brewer Royal Unibrew posted the steepest decline in the STOXX Europe 600 after reporting H1 results that fell short of expectations, prompting investors to brace for downward revisions to market consensus forecasts.

August 18, 2026 at 05:29 pm

Hermes slides back toward its lows after RBC downgrade

Hermes shares headed back toward their lowest levels in over three years on Tuesday in Paris, hit by a downgrade from RBC.

August 18, 2026 at 05:29 pm

The 3 Biggest Checks in the AI Race

Amazon, Microsoft and Alphabet each plan to make investments of nearly $200bn this year to dominate artificial intelligence. Here is a look at the three biggest checks in the industrial revolution that is now underway

August 18, 2026 at 05:29 pm

Sixt in the spotlight, as Berenberg upgrades to buy

Sixt stands out on the Frankfurt Stock Exchange, up over 3% at EUR73.5, benefiting from Berenberg upgrading its rating on the stock, while raising its corresponding target price, banking on a strong summer season for Europe's travel sector.

August 18, 2026 at 05:28 pm

The surge in bond yields continues to weigh on market sentiment

Major European stock markets are lower on Tuesday morning, still battered by persistent strains in the bond market, a factor that is now overshadowing the improving economic backdrop and optimism around the direction of monetary policy at the major central banks.

August 18, 2026 at 04:32 pm

France's 10-year rate tops 4% for first time since 2009

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

August 18, 2026 at 04:32 pm

S&P 500 or Equal Weight: the same index, two radically different bets

Buying the S&P 500 can feel like one of the most neutral moves in investing. Five hundred large American companies, a globally followed benchmark, low-cost ETFs, and instant diversification. But that apparent simplicity hides a fairly weighty portfolio decision: should companies get more weight because they have become gigantic, or should every member of the index be treated on an equal footing?

August 18, 2026 at 04:32 pm

Powered by Nvidia, Fabrinet wraps up another year of growth

Founded by a former Seagate executive, the contract manufacturer of precision optical and electromechanical equipment, based in the Cayman Islands but mainly operating out of Thailand, remains positioned in a distinctive niche.

August 18, 2026 at 02:59 pm

Bad news just keeps piling up at Stellantis

Stellantis shares fell sharply yesterday after the company announced a major worldwide vehicle recall due to the risk of malfunctioning rearview cameras. The stock has now fallen 53% YTD, and has hit a new low not seen since 2013, having won the prize that nobody wants, as the worst performer in both the CAC 40 and the FTSE MIB, its two benchmark indexes.

August 18, 2026 at 02:58 pm

Wall Street slips, oil revives inflationary fears and pushes long rates higher

US markets closed down on Monday, as rising oil rekindled inflationary worries and sent bond yields higher. The S&P 500 fell 0.52% to 7,745.0 points, while the Dow Jones lost 0.51% to 53,459.8 points. The Nasdaq 100 resisted better, down just 0.17% at 29,995.4 points, helped by gains in semiconductors.

August 18, 2026 at 02:45 pm

Intel Is Considering a Return to Memory to Regain Its Footing in AI

Nearly 40 years after exiting DRAM to focus its resources on microprocessors, Intel is considering a return to its roots, albeit with a different approach.

August 18, 2026 at 02:45 pm

Uber wants to expand drone delivery with Zipline

Uber Technologies is announcing a strategic partnership with Zipline aimed at scaling drone delivery across the US. The first rollouts will begin later this year, and Uber Eats customers will have the option to receive their orders within minutes thanks to Zipline's autonomous delivery service.

August 18, 2026 at 02:44 pm

Nvidia teams up with SB Energy to secure LPS capacity for OpenAI

Nvidia announced a partnership with SB Energy to secure LPS (land, power and shell, meaning the site, electricity and the building) capacity at the PORTS-Pike technology campus in Portsmouth, Ohio, to host Nvidia computing capacity.

August 18, 2026 at 02:44 pm

Micron Extends Its Rally as Analysts are Confident

Micron yesterday recorded a fifth straight session of gains on Monday on the New York Stock Exchange, buoyed by upbeat comments from Bank of America analysts, adding to the positive tone already struck by many other professionals.

August 18, 2026 at 02:44 pm

The SMR nuclear bet now faces reality

Short sellers have made $2.1bn betting against three American small nuclear reactor stars. According to the Financial Times, enthusiasm fueled by AI and Washington's backing is now running into costs, delays and a lack of revenue.

August 18, 2026 at 02:44 pm

Is it time to revisit Capgemini at under 10x earnings?

Riding the post-Covid wave before taking the hit from higher interest rates and AI fears, Capgemini has seen its valuation slide back to historically low levels. Is it time to return to the stock, or remain on the sidelines, at least for now?

August 18, 2026 at 01:00 pm

Nvidia chips join oil in the futures markets

On October 5, CME Group, the world's largest derivatives marketplace, will begin listing the rental price of the graphics processors that power artificial intelligence. What oil or wheat have long had, computing power still lacked: a public price that everyone can reference.

August 17, 2026 at 09:36 pm