Kevin Smith
Journalist
Swissquote Pays heavily for Its Crypto Dependence
Swissquote shares are down 12% in intraday trading after H1 results missed expectations and the bank cut its full-year targets. Behind the market punishment lies a paradox: the bank keeps attracting clients, but the slump in cryptocurrencies is weighing far more heavily than expected.
August 13, 2026 at 03:51 pm
Beiersdorf: HSBC sees fundamentals less impaired than results suggest
After posting four declines in five sessions, Beiersdorf shares are attempting a modest rebound Thursday morning, as HSBC analysts say the disappointing results from the German consumer goods group mask a more encouraging reality, with underlying demand holding up better than its financial performance suggests.
August 13, 2026 at 01:35 pm
Cerebras Raises Forecasts on AI Demand, but Shares Sink Nearly 14%
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 looking to take on Nvidia by leaning in part on inference, powered by its Wafer-Scale Engine (WSE), a dinner-plate-sized chip packing trillions of transistors and equipped with on-chip memory to speed computation and data transfers.
August 13, 2026 at 12:04 pm
Ancora offers up to $1.2bn for an H.B. Fuller business
Activist investor Ancora Holdings is proposing to buy H.B. Fuller's Building Adhesive Solutions business in an all-cash deal worth up to $1.2bn. In a letter to the board, the fund urges the adhesives maker to evaluate the divestiture and says it is ready to immediately sign a non-disclosure agreement to begin due diligence. Ancora says it re-engaged with H.B. Fuller management in early July and has yet to receive a substantive response.
August 13, 2026 at 12:04 pm
Candle Lake launches a mandatory tender offer for Evolution AB at 695 SEK per share
Kenneth Dart's investment vehicle is offering 695 SEK per Evolution AB share after crossing the threshold that triggers a mandatory bid, although it says it does not intend to take control of the Swedish online casino solutions company serving the gambling industry.
August 13, 2026 at 09:59 am
Adyen picks up speed in H1, nudging up growth ambitions
The Dutch payments specialist posted 19% net revenue growth in the first half of 2026, driven by a 24% increase in volumes. After acquiring Talon.One and Orb, the group is targeting 21% to 23% growth at constant exchange rates for the full year, slightly higher than previously expected.
August 13, 2026 at 09:59 am
Washington Borrows over 10 Years at Its Highest Rate Since 2007
July's moderation in US inflation, in line with expectations, has tempered bets on a Fed rate hike in September, but investors remain cautious. The latest 10-year auction printed its highest yield in nearly two decades.
August 13, 2026 at 09:48 am
EssilorLuxottica in the doldrums
EssilorLuxottica posted the CAC 40's steepest decline yesterday, in a luxury sector that is already under pressure. A complaint has been filed in Germany against the smart glasses developed with Meta, accused of infringing on privacy. Another thorn in the side of a stock that is down 39% YTD, even though the case seems unlikely to affect the group's fundamentals.
August 13, 2026 at 09:45 am
Anthropic Could Be Targeting a Record $2 Trillion Valuation
The maker of Claude could go public as early as October, with a valuation of over $2tn, according to information obtained by the Financial Times. The push is fueled by explosive growth, despite intensifying competition and rising friction with Washington.
August 13, 2026 at 09:40 am
Cisco slips 2% despite AI- and networking-driven results
Cisco shares slipped in after-hours trading, after initially rising following the release of quarterly results that topped expectations, supported by continued strength in spending on network infrastructure and artificial intelligence.
August 13, 2026 at 09:14 am
Super Micro Computer jumps on strong guidance
Super Micro Computer jumped 13.4% to $35.8 early in the Wall Street session, a day after posting mixed quarterly results but especially robust guidance, including a record backlog and credible revenue targets, according to Wedbush.
August 12, 2026 at 11:33 pm
Lumentum lifted by the boom in AI infrastructure
Lumentum Holdings topped expectations in Q4 and issued Q1 guidance above the consensus. The photonics products maker is benefiting from rising demand for its high-performance lasers and optical components used in AI infrastructure, the cloud, and communications networks. According to CEO Michael Hurlston, the jump in speed and bandwidth required by AI computing workloads is pushing data centers to favor optical interconnects.
August 12, 2026 at 11:33 pm
Nelson Peltz-led consortium prepares bid for Wendy's
According to Reuters sources, Trian Fund Management, the hedge fund of activist investor Nelson Peltz, is working with several partners on a bid to buy Wendy's and take the fast-food chain private. The consortium could include BlueFive Capital, an investor that has notably backed Bugatti, as well as Flynn Group, a Wendy's franchisee. A proposal could be presented in the coming weeks, although the timeline remains subject to change. Wendy's shares rose about 12% after the report.
August 12, 2026 at 11:33 pm
Marex jumps 17%, powered by a transformation that is starting to scale
Marex shares surged about 17% on Wall Street on Wednesday after quarterly results that came in well ahead of expectations, underscoring the rise of a group that remains relatively unknown to the broader public but is becoming increasingly embedded in market infrastructure.
August 12, 2026 at 11:32 pm
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