Kevin Smith
Journalist
Between sector strength and analyst optimism, MTU Aero heads back toward its highs
Up 3.8% over the week, the German maker of commercial and military aircraft engines is moving back toward the record highs it set earlier this year, helped by the strong momentum currently lifting the aerospace and defense sector and by encouraging analyst commentary.
August 14, 2026 at 05:57 pm
Apple reportedly developing its own AI model for China with Alibaba
With Alibaba's support, Apple has trained a large language model aimed at the Chinese market, according to sources cited by Reuters. The initiative is meant to support the rollout of Apple Intelligence in China and help Apple compete more effectively with Huawei.
August 14, 2026 at 05:01 pm
Birkenstock Raises Its Forecast After an Encouraging Q3
Birkenstock Holding shares rose by up to 18% at one point on the New York Stock Exchange yesterday, closing up 11.5% yesterday, after the company raised its FY 2026 growth outlook following better-than-expected performance over the past quarter.
August 14, 2026 at 05:00 pm
Norsk Hydro Restarts Alumina Output in Brazil
Brazil's Alunorte refinery is gradually moving back toward full capacity after a temporary deal with its gas supplier CELBA. The disruption hit an already tight aluminum market, against the backdrop of the war in Iran and low global inventories.
August 14, 2026 at 02:48 pm
Cenergy lands a EUR1.5bn contract in Greece
The group, via its Hellenic Cables subsidiary, will deliver for IPTO the ultra-high-voltage power interconnection between Corinth and the island of Kos. Worth around EUR1.5bn, this strategic project is set to be completed in 2030.
August 14, 2026 at 02:47 pm
Cisco Struggles as Hyperscaler Order Intake Disappoints
Cisco was sharply lower in the market this Thursday after reporting last night what investors viewed as disappointing new orders from major data center infrastructure providers (hyperscalers), even as the group beat expectations for Q4.
August 14, 2026 at 02:14 pm
Corporate earnings: an exceptional season on Wall Street, Europe's moves are mixed
As investors await results from Nvidia (Wednesday, August 26) and Broadcom (September 2), which should help gauge the staying power of investment in artificial intelligence infrastructure, the Q2 season shows performance that is well above historical norms in the United States, while Europe's overall picture is closer to typical trends despite solid growth.
August 14, 2026 at 02:14 pm
AMD Targets Up to $5bn in the Bond Market
AMD has launched a four-tranche bond offering to raise between $4bn and $5bn and boost its financial flexibility. The deal consists of senior unsecured notes maturing in 2029, 2031, 2033 and 2036. Early discussions point to premiums of about 70, 90, 100 and 115 basis points, respectively, over US Treasuries. Settlement is expected on August 17.
August 14, 2026 at 02:14 pm
Wall Street Eases After Softer-Than-Expected Inflation Data
US indexes are trading higher, buoyed by the latest inflation data, which pushes back the prospect of a rate hike at the Fed's next meeting in September. In this backdrop, the S&P 500 is up 0.6%, the Dow Jones is near flat, while the Nasdaq 100 is benefiting more from the news with a 1.2% gain.
August 14, 2026 at 02:14 pm
Intel Raises $20bn; company CEO Personally Chips In
Intel is taking advantage of its stock's sharp rebound to strengthen its balance sheet and fund its industrial ambitions. Chief Executive Officer Lip-Bu Tan and a member of his family will invest $12m in the deal.
August 14, 2026 at 01:07 pm
Applied Materials tops expectations but slips in after hours exchanges
Applied Materials posted a Q4 outlook above expectations, supported by investment in advanced chips and artificial intelligence infrastructure. The semiconductor equipment maker forecast revenue of about $10.25bn, plus or minus $500m, versus $9.54bn expected by analysts according to LSEG. The group is benefiting in particular from demand for equipment needed to manufacture chips and for advanced packaging.
August 14, 2026 at 12:50 pm
UMG falls in Amsterdam, as HSBC downgrades to sell
Universal Music Group (UMG) is posting one of the steepest declines in the AEX index this Thursday on the Amsterdam stock exchange, weighed down by an HSBC downgrade to 'reduce' from 'hold'. At around 3:30 p.m., shares of the music entertainment group were down 0.9% at EUR14.75, while the AEX was up 0.4%.
August 13, 2026 at 11:13 pm
Cerebras raises its outlook on AI demand, but shares slump
Cerebras Systems raised its full-year revenue and gross margin targets, supported by corporate investment in data centers dedicated to artificial intelligence. The company is seeking to take on Nvidia by focusing in particular on inference, with its Wafer-Scale Engine (WSE), a dinner plate-sized chip packing trillions of transistors and outfitted with on-chip memory to speed computing and data transfers.
August 13, 2026 at 11:08 pm
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