
Mathieu Rubel
Analyst Apprentice
BYD Exports to Survive Its Domestic Market
Chinese automaker BYD posted its sixth consecutive month of sales growth in October. Behind this momentum, however, lies an increasing reliance on exports, which are offsetting weakness in the domestic market. The strategy could run up against new European trade restrictions.
November 02, 2026 at 03:59 pm

Is French Debt Still Sustainable?
Fitch Ratings has maintained France's sovereign rating at A+, but has lowered its outlook from stable to negative. The reasons: weaker economic growth, persistent deficits and ever-higher borrowing costs. An opportunity to revisit the fundamental question of public debt sustainability.
November 02, 2026 at 03:51 pm

US bonds back in investors' good books
After exceeding 5.3% in early October, the yield on 10-year US bonds has fallen back below the 5% threshold. A notable easing in a bond market under intense pressure. The move erases a significant portion of the rise observed in September. This modest decline is explained in particular by concerns over technology stocks, less restrictive monetary policy expectations and the return of buyers to US Treasury securities.
October 30, 2026 at 03:26 pm

When Adyen's Growth Is Not Enough to Convince Investors
The Dutch electronic payments specialist plunged 13.35% yesterday on the Amsterdam Stock Exchange, despite quarterly results that exceeded expectations. However, the market punished a downward revision to its profitability ambitions and the abandonment of its medium-term targets. Today, analysts are reassessing their forecasts, without turning their backs on the company.
October 30, 2026 at 09:11 am

BBVA reports record net profit, but earnings release remains mixed
Spanish banking group BBVA, which operates in Spain, Mexico and Turkey, has reported record net profit for the first nine months of 2026, driven by the strength of its Mexican operations. Behind this performance, however, quarterly results reveal some areas of weakness.
October 29, 2026 at 10:22 am

Renault accelerates, Pluxee plunges on announcement of prolonged adjustment in Brazil
Renault shifts into high gear in the wake of Stellantis, Kongsberg fires on all cylinders and benefits from the arms race, while Mersen electrifies investors. In the red, Pluxee presents a hefty bill for 2027, Haleon struggles to convince and Vonovia feels the weight of its financing costs.
October 29, 2026 at 09:11 am

Sandoz growth stalls, margins jump
The Swiss generics and biosimilars giant is lowering its 2026 growth ambitions despite solid demand. Supply difficulties and a more challenging-than-expected German market are failing to impress investors. But not everything is bleak, as the group is simultaneously raising its profitability guidance.
October 28, 2026 at 03:23 pm

Copper Drives Adani Enterprises' Results
Indian conglomerate Adani Enterprises has posted strong growth in Q2 2026-2027 results, driven by the expansion of its copper operations. While net income fell 55%, the decline masks a significant improvement in operating performance, against a backdrop of growing demand for the red metal.
October 28, 2026 at 02:16 pm

Parrot Takes Off Thanks to Its Military Drones
The French specialist in professional drones accelerated its growth in the third quarter of 2026, driven by international demand for its micro-drones. With revenue up 40%, Parrot confirmed its full-year ambitions and moved closer to profitability in its flagship business.
October 28, 2026 at 08:23 am

When AI works, everything's fine
When construction goes well, everything's fine. The saying long summed up real estate's role as an economic engine. However, on Wall Street, artificial intelligence is calling the shots. As technology giants take up more weight in the indexes, markets appear increasingly dependent on the prospects of this revolution. To the point that investors are betting trillions of dollars on a technology whose creators themselves are calling for more safeguards.
October 27, 2026 at 03:23 pm

Genmab boosted by promising advances, GTT penalized by disappointing results
Genmab reaches the primary and secondary endpoints of its Phase 3 study with Rina-S, while Orion's darolutamide reduces the risk of metastases in a trial involving advanced prostate cancer. GTT loses ground after reporting revenue below expectations. BW Energy declines following an accident involving one of its platforms.
October 26, 2026 at 09:01 am

Is investing in French debt at 5% the deal of the century?
What if French debt had become one of the most attractive investments around? With the 10-year yield above 5%, lending to the government may seem particularly appealing. But behind this return lies a paradox: when yields rise, some investors lose money.
October 23, 2026 at 03:58 pm
A New ETF to Bet on Big AI Companies' Debt
The race for artificial intelligence is pushing major US tech companies to take on massive amounts of debt. With its new bond ETF, Defiance is offering US investors a way to bet on this financing wave rather than on the sector's stocks: the Defiance AI Infrastructure Bond ETF.
October 23, 2026 at 10:12 am

Nestlé accelerates growth as volumes return
The Swiss food giant reported better-than-expected quarterly sales, driven by a sharp acceleration in real internal growth. Nestlé is notably benefiting from the strength of its pet care and culinary products businesses, while emerging markets continue to support its operations.
October 22, 2026 at 10:03 am
Galderma accelerates further and raises its ambitions for 2026
The Swiss dermatology specialist exceeded market expectations in the first nine months of the year. Driven by the commercial success of Nemluvio and the continued strength of its aesthetics business, Galderma raised its full-year growth forecast.
October 22, 2026 at 10:03 am

Nokia and Nvidia seek to turn 5G antennas into mini data centers
What if cell towers were no longer used solely to transmit data, but also to run artificial intelligence? Nokia and Nvidia are taking their partnership to the next level by integrating AI directly into the operation of mobile networks. The development could open up a new market for both companies, provided they can persuade operators to invest.
October 22, 2026 at 10:01 am

UCB soars on US demand, Hermes loses ground and drags luxury lower
The European market is highly volatile following the release of several earnings reports. Verisure is benefiting from speculation about a takeover by CVC. UCB, ID Logistics and Schindler are standing out on the upside, while French luxury goods, automotive and banking stocks are falling on the market.
October 22, 2026 at 09:23 am

Roche beats Q3 expectations and confirms outlook
Swiss pharmaceutical giant Roche reported quarterly sales above market expectations, supported by growth in its key medicines and continued strength in its diagnostics business. The Basel-based company has confirmed its targets for FY 2026.
October 22, 2026 at 08:51 am
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