Kevin Smith
Journalist
S&P Global expands its partnership with Microsoft
S&P Global announced an expansion of its collaboration with Microsoft to integrate its broad range of data, analytics and AI-ready insights into workflows and agent-based experiences powered by Microsoft 365 Copilot.
August 12, 2026 at 11:31 pm
Nebius tops expectations as demand for AI infrastructure surges
Nebius posted better-than-expected Q2 revenue, supported by demand for AI computing capacity that continues to outstrip supply. The group is stacking up large-scale contracts, raising its capacity ambitions, and pressing ahead with massive infrastructure investment. Its stock is currently up over 20%.
August 12, 2026 at 11:30 pm
Wall Street rises, lifted by AI and inflation in line with expectations
Major US indexes are trading higher on Wednesday. The Nasdaq is up 0.8%, boosted by several strong reports from specialists in artificial intelligence infrastructure. At the same time, inflation figures in line with expectations reinforce the case for the Fed to hold interest rates steady. The S&P 500 is up 0.2%, while the Dow Jones is hovering near flat.
August 12, 2026 at 11:29 pm
Goldman Sachs Raises TP for Abercrombie stock Ahead of Earnings
Goldman Sachs on Wednesday raised its TP for Abercrombie & Fitch shares to $124 from $109 ahead of the apparel retailer's quarterly results, while reiterating its buy rating on the stock.
August 12, 2026 at 11:28 pm
Fueled by foreign stocks, OTC Markets races toward a $900bn year
Driven by record demand for non-US shares, led by Europe, OTC Markets handled $227.4bn in the second quarter of 2026, up nearly 30% year over year. At the halfway point, the New York platform is already claiming $453.3bn in volume and is targeting the symbolic $900bn mark for the year.
August 12, 2026 at 05:04 pm
Geopolitical tensions and the oil market: the IEA's take on supply and demand
In its monthly oil market report published on Wednesday, the International Energy Agency (IEA) said global oil demand is expected to fall by 1.6 mb/d (million barrels per day) in 2026, 510 kb/d (thousand barrels per day) more than forecast last month. The closure of the Strait of Hormuz and higher fuel prices are still weighing on consumption.
August 12, 2026 at 05:04 pm
Luxury sector consolidates, Deutsche Bank expresses caution
Luxury stocks are under pressure on Wednesday on the Paris stock market following cautious comments from Deutsche Bank analysts, who lament the lack of fresh drivers for the sector after a largely successful Q2 earnings season.
August 12, 2026 at 12:38 pm
United States: what is behind the drop in unemployment
The latest US jobs report presents a paradox that is hard to square at first glance: the unemployment rate fell to 4.1% from 4.2% in July, even as the economy shed 23,000 jobs. This divergence does not point to a hidden improvement in the labor market, it first reflects how the statistics are built, and then an increasingly important demographic shift.
August 12, 2026 at 12:07 pm
Supermicro surges as margins and orders outshine disappointing sales
The California maker of servers and integrated data-center solutions jumped about 7% in after-hours trading after a mixed quarterly report, paired with especially strong guidance.
August 12, 2026 at 12:06 pm
Warship builder TKMS further raises guidance
The German shipbuilder posted a 19% increase in revenue over the first nine months of its fiscal year, while adjusted EBIT rose 13%. Backed by an order backlog of EUR20.1bn, TKMS has raised its full-year outlook and reaffirmed its medium-term ambitions.
August 12, 2026 at 10:04 am
Shein could launch its IPO as soon as August 19
The online fashion giant could kick off its Hong Kong IPO as early as next Wednesday, targeting a valuation of $30bn to $40bn, according to information gathered by Reuters. The closely watched deal comes as Shein faces slowing growth, shrinking margins and heightened regulatory pressure.
August 12, 2026 at 10:03 am
Norway's sovereign wealth fund discloses a $1.22bn stake in SpaceX
The world's largest sovereign wealth fund held a 0.05% stake in SpaceX at the end of June, a position valued at $1.227bn. A sizable holding, but still far below the value of its top position, Nvidia ($62bn).
August 12, 2026 at 10:03 am
Nvidia readies Nemotron 4, a giant model to bolster its open AI lineup
Nvidia is developing Nemotron 4, a new family of artificial intelligence models designed to compete with the best open systems. Its most powerful model is expected to reach at least 1 trillion parameters, as global competition intensifies and interest grows in open-weight technologies.
August 12, 2026 at 09:39 am
AI should attract over 1,000bn USD of investment in 2026, according to Goldman Sachs
The wave of investment in artificial intelligence should cross the 1,000bn USD threshold in 2026, according to Goldman Sachs Research. That figure is about 200bn USD above the capital spending expected from US hyperscalers, but the main surprise is where the money lands, with 'only' 581bn USD that would actually be deployed in the United States.
August 12, 2026 at 09:39 am
Riot Platforms signs a $9.1bn deal with Anthropic and accelerates its push into AI
Riot Platforms has signed a 20-year contract with Anthropic to supply computing capacity, representing $9.1bn in revenue. The agreement covers 191 megawatts at its Rockdale, Texas campus, giving Anthropic access to power capacity already connected to the grid. The total could reach about $16.1bn with two five-year extensions. Riot shares surged more than 20% after the announcement before giving back almost all of those gains.
August 12, 2026 at 09:39 am
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