Kevin Smith

Daimler Trucks stock up despite mwb research pessimism

Shares in the group that designs, builds and markets trucks and buses are up in Frankfurt (+2.3%, at over EUR36). Investors appear to be focusing more on Kepler Cheuvreux's recommendation rather than on mwb research's comments.

July 21, 2026 at 05:17 pm

3M raises its 2026 targets after strong Q2

Alongside its Q2 2026 earnings call, industrial conglomerate 3M is raising its FY 2026 adjusted EPS target range to between $8.80 and $8.95, from $8.50 to $8.70 previously.

July 21, 2026 at 04:46 pm

Morgan Stanley's Take on China's Auto Market

In a report, Morgan Stanley reviews China's auto market, particularly exports, which are seeing records across many global markets. The investment bank also believes that this trend will continue, driven by a pullback in the domestic market.

July 21, 2026 at 04:20 pm

Why WTI and Brent Never Hit $200 Despite the Strait Blockade

The closure or severe disruption of the Strait of Hormuz was supposed to trigger one of the worst oil shocks in modern history. Nearly 20m barrels of oil pass through this strategic chokepoint every day, roughly one-fifth of global consumption. Like many people, I was convinced WTI and Brent would surge above $150. And yet it's never happened. Why? We now have the answer.

July 21, 2026 at 01:08 pm

RBC still bullish on US defense

The outlook for the defense sector remains solid, supported by rising military spending and the strength of aerospace aftermarket activity. Still, in a note published this morning, RBC notes that the timing of major contract awards, as well as the US midterms, could limit the near-term upside for certain stocks.

July 21, 2026 at 12:55 pm

Julius Baer in the dumps, despite record H1 net profit

Julius Baer shares are down 4% to CHF 70.8 in early in trading in Zurich on Tuesday, after reporting H1 results that the bank nevertheless described as marked by "a record net profit, driven by assets under management at a historic high, strong client activity and improved operating leverage".

July 21, 2026 at 12:08 pm

Mitie Soars After Accepting OCS Group Offer

Mitie shares are surging on the London Stock Exchange (up about 40%, at over 210 pence), after it reached an agreement with OCS Group on a takeover deal between the companies.

July 21, 2026 at 11:15 am

W.R. Berkley beats expectations despite pressured premium growth

W.R. Berkley shares are fairly flat in after-market trading, after the company posted quarterly results that topped expectations, with the stock now up about 3% YTD.

July 21, 2026 at 10:07 am

Paramount - Warner Bros. Discovery: a court temporarily suspends the $110bn merger

A US federal judge has ordered a 14-day temporary suspension of Paramount Skydance's proposed acquisition of Warner Bros. Discovery, delivering an initial judicial setback to a $110bn deal challenged on competition grounds.

July 20, 2026 at 10:51 pm

Tempus AI to buy Personalis to strengthen its position in cancer screening

Tempus AI will acquire Personalis in a deal valued at about $1.5bn, broadening its precision-medicine offering in oncology. The acquisition will allow the group to integrate the NeXT Personal test, a minimal residual disease (MRD) detection technology designed to spot potential cancer relapses through blood tests.

July 20, 2026 at 07:19 pm

Domino's Pizza slightly beats expectations

The US pizza chain, whose shares rose 7% in premarket trading on Monday, has reported quarterly revenue that is slightly above Wall Street expectations, as strength in its supply chain business offset softer demand in its restaurants, where consumers continue to control discretionary spending.

July 20, 2026 at 04:29 pm

Vontobel says it's "Smart to add commodities to a diversified portfolio"

"At the start of the year, wheat, especially Kansas wheat, was front and center for market participants, as yield forecasts proved historically poor due to unfavorable weather conditions in key growing regions in the United States. As the conflict between the United States and Iran intensified, soybean oil benefited the most, as it is a key component of renewable diesel. Tensions in the Middle East and the shortage of petroleum products have boosted demand for biodiesel and ethanol," says Kerstin Hottner, head of commodities at Vontobel.

July 20, 2026 at 01:11 pm

Starship: SpaceX targets a new launch after a last-minute scrub

SpaceX plans to try again as soon as next week to launch its Starship rocket, after an automatic abort just seconds before liftoff during the 13th test flight. While this kind of technical issue is common in a development program, it triggered a sharp market reaction, with the company's shares falling more than 4% and wiping out nearly $100bn in market capitalization.

July 17, 2026 at 10:17 pm

Netflix sinks after its results, analysts rewrite the script

Despite quarterly results in line with its expectations, with double-digit growth in revenue and profit, Netflix shares are down about 9% on Wall Street. While analysts are not questioning the streaming giant's business model, they are worried about slowing growth and are questioning user engagement. Recommendations remain uniformly positive, even as target prices are often cut.

July 17, 2026 at 08:19 pm

Dassault Systemes reportedly in talks to buy ArisGlobal for $2bn

The French software group is said to be in discussions to acquire clinical trials solutions provider ArisGlobal from Swedish private equity firm Nordic Capital, the Financial Times reports. The deal would strengthen Dassault's presence in life sciences.

July 17, 2026 at 10:07 am

Accor investigates CEO Sebastien Bazin and then clears him

The hotel group's board is said to have hired Paris law firm BDGS to investigate suspicions of conflicts of interest and favoritism involving its CEO, the Financial Times reports. The probe, concluded in recent weeks, finally dismissed all allegations.

July 17, 2026 at 10:01 am

Netflix posts results in line with expectations, still betting on advertising

Netflix reported quarterly results that are broadly in line with Wall Street expectations, while the market greeted its release cautiously, pushing the stock down nearly 8% post-market. The group is still betting on advertising and live programming to support growth, while changing how it communicates about viewing on its platform.

July 17, 2026 at 09:23 am

Csquare gets off to a cautious start on Wall Street despite the data center boom

Data center provider Csquare made its debut on the New York Stock Exchange with a slight 0.5% decline, valuing the company at $3.24bn. The shares opened at $20.90, versus an IPO price of $21, which was itself set below the indicated range. The deal allowed the Brookfield-backed group to raise $1.05bn through the sale of 50m shares.

July 16, 2026 at 09:13 pm

Micron locks in sales with new auto industry supply deals

Micron Technology has signed long-term supply agreements with several players in the automotive industry, including Qualcomm and Harman, to provide memory and storage components for vehicles incorporating artificial intelligence functions. These partnerships are designed to secure supplies and support the ramp-up of next-generation automotive platforms.

July 16, 2026 at 09:11 pm

United Airlines grounded after quarterly results as the market turns demanding

The airline posted quarterly results that were largely above market expectations, despite a sharp rise in fuel costs, and it also raised the floor of its 2026 EPS forecast. Yet investors are turning more demanding: the stock is down about 2% in New York.

July 16, 2026 at 05:58 pm

Eli Lilly to acquire AtaiBeckley to bolster its mental health push

The US drugmaker is taking over a company focused on treatments for hard-to-treat psychiatric disorders, aiming to expand its neuroscience portfolio.

July 16, 2026 at 05:08 pm