Analysis: Must Read

Hyperscalers: everyone's eyes on capex, but this chart is ignored

Markets are heavily focused on the surge in capex by hyperscalers such as Microsoft, Alphabet, Amazon, Oracle and Meta. This acceleration is weighing sharply on their free cash flow, to the point that...

BlackRock Sees Far Beyond Bitcoin ETFs

BlackRock now oversees more than $15,000bn, but crypto is still a drop in the ocean in this financial empire.

The Week's Best Reads: soccer, the Middle East, AI and an escape of sorts

This week, AI is everywhere. It writes with tics, threatens our jobs, unnerves its own bosses and stirs up chaos with Elon Musk. What about the rest? Well, Wall Street is learning to read Washington,...

MarketScreener's Odds and Ends: Adidas Will Certainly Lift the World Cup

Ukrainians want the war to end, but not at any price; China is taking advantage of gold's pullback to top up its reserves; and Adidas is already guaranteed to lift the trophy with a 100% three-stripes...

The great nonsense of South Korean stocks

The KOSPI is the year's best-performing index. But it's far from smooth sailing.

The Big Race for Capital

The hyperscalers have made a bet: spending colossal sums to boost their AI infrastructure. While nobody is certain whether these investments will pay off or not, one thing is clear: they will need to...

American banks are singing in the rain

The big US banks posted record results on Tuesday, powered by SpaceX's giant IPO, the return of mega-mergers and markets that just won't sit still.

Is Big Tech Dressing Up the AI Bill?

Since November 2025, Michael Burry has been casting a suspicious eye on the accounting wizardry behind the AI boom, accusing hyperscalers of stretching the useful lives of their servers and flattering...

Can AI make South Korea the Norway of Asia?

Seoul and Taipei are taking in a deluge of dollars thanks to the artificial intelligence boom. But turning this windfall into lasting national prosperity, along the lines of Norway's sovereign wealth...

Irrational Exuberance?

The AI boom has a cash-flow clock, but talking about an expiry date is slightly absurd simply because bubbles are said to have an average lifespan of three to five years. The real clue is who gets...

The Week's Best Reads: a fun shortage, a millionaire cashier and a new social class in South Korea

Fewer leisure options and pricier leisure activities are weighing on Americans. To lift spirits, MarketScreener's press review goes looking for the newly rich: employees of South Korea's semiconductor...

AI promised lower costs until the Fed opened the invoice

They teach you pretty early in economics that technology is supposed to be deflationary. Better tools make workers more productive, productivity raises potential growth, and over time the same unit of...

MarketScreener Odds and Ends: Trump, the trader-president?

Donald Trump is racking up stockmarket trades, Copenhagen keeps its title as the world's most livable city and all the gold ever known would fit into a sphere about thirty meters across.

Calm Before the Storm

The Q2 earnings season kicks off next week. Market expectations are even higher than they were at the start of the year, a setup that is bound to leave some investors disappointed. Major US banks,...

Erdogan center stage at the NATO summit

Long seen as a drag on the Atlantic Alliance, the host of the NATO summit is now indispensable.

Strategy Cracks Under Financial Pressure

Michael Saylor, the man who swore he would never sell his bitcoins, has just crossed a red line. Strategy sold more than $216m in BTC to meet its financial obligations.

Buy the rumor, sell the AI earnings ?

Samsung's results did not weaken the AI narrative. They showed that investors are no longer debating the strength of demand, but the durability of the earnings cycle. The question turns to whether the...

On Wall Street, a rally that is broadening

For several years, US markets had gotten us used to heavy concentration around a handful of mega caps. But the rally is starting to broaden.

One year after The Hague, NATO is still under pressure from the United States

In 2025, NATO allies had pledged to raise defense spending to 5% of GDP. But bigger budgets do not solve everything.