Valentin Aufrand

The Trump administration commits $17.5bn to jump-start nuclear power

The U.S. Department of Energy (DOE) has just announced a conditional commitment of $17.5bn in loan guarantees to speed the buildout of ten large-scale nuclear reactors in the United States by 2030. The funds are intended to finance the purchase of long-lead equipment, a step viewed as critical to restarting the American nuclear supply chain.

June 23, 2026 at 09:18 pm

AI Is Starving the Rest of the Memory Chip Market

Deutsche Bank argues that the rush into memory chips marks a regime change for a historically cyclical industry. The thesis remains compelling, but 2027 could become the industry's first real test year, as the first capacity expansions begin to come online and the effects of the shortage spread more broadly into the real economy.

June 22, 2026 at 08:02 pm

The Pro-Market Wave Sweeps Into Colombia, Brazil Now in the Crosshairs

The liberal turn is continuing across Latin America. After Javier Milei’s election in Argentina in 2023, followed by José Antonio Kast’s victory in Chile last December, Colombia has now crossed that threshold with the election of Abelardo de la Espriella last weekend.

June 22, 2026 at 06:19 pm

What Kevin Warsh's Arrival Changes for the Fed and Markets

Kevin Warsh's arrival at the helm of the Federal Reserve is not just a change of face. The former Fed governor, who served from 2006 to 2011, has already begun to upend the institution's norms.

June 22, 2026 at 05:18 pm

Gold Slumps as Markets Reassess the Risk of a More Restrictive Fed

Gold prices extended their decline on Friday, heading toward a weekly loss of approximately 4% as the market is once again dominated by rising yields and the unexpected resilience of the U.S. economy.

June 05, 2026 at 04:39 pm

U.S. Employment Regains Momentum, Complicating the Fed's Path

Official and alternative data are converging toward a clearer recovery in the American labor market, even as inflation remains too elevated to justify interest rate cuts by the Federal Reserve.

June 05, 2026 at 03:09 pm

U.S. Tax Withholdings Contradict the Economic Air Pocket Scenario

Federal tax withholdings accelerated in May in the United States, providing a reassuring leading signal regarding wages, employment, and domestic demand.

June 04, 2026 at 10:20 pm

Innio Makes Strong Nasdaq Debut Fueled by AI Power Shortages

The German specialist in gas engines and decentralized energy solutions surged approximately 22% during its Nasdaq debut, driven by investor appetite for critical artificial intelligence infrastructure.

June 04, 2026 at 07:55 pm

PVH Punished by Markets as Middle East Tensions Cloud European Outlook

The American parent company of Calvin Klein and Tommy Hilfiger saw its shares tumble by approximately 22% on Wall Street following its quarterly earnings report. Despite the sell-off, PVH Corp reported revenue of $2.0bn, a 2% increase in reported terms, and adjusted earnings of $2.01 per share, surpassing both internal guidance and investor expectations.

June 04, 2026 at 07:25 pm

Costco confirms American consumer resilience in May

Following an already solid April, Costco's comparable sales in the United States accelerated further in May, confirming the continued strength of demand for everyday purchases.

June 04, 2026 at 06:24 pm

Ciena tumbles despite record quarter, weighed down by sky-high expectations

Despite beating expectations and raising its annual guidance once again, Ciena Corporation shares dropped approximately 16% on Wall Street following its quarterly release. However, the move must be viewed in context: the American networking equipment maker, specializing in high-speed optical networks, remains up roughly 120% year-to-date, fueled by the frenzy surrounding artificial intelligence infrastructure.

June 04, 2026 at 06:07 pm

Private Credit Volatility Rattles Alternative Asset Giants

Major alternative asset managers tumbled on Wall Street Wednesday as fresh concerns regarding private credit took hold. Blackstone, KKR, Blue Owl, and Ares each saw shares drop between 4% and 5% during the session, as investors await upcoming updates on redemption requests within unlisted private credit funds.

June 03, 2026 at 06:47 pm

Vanguard Hits $1tn Milestone with S&P 500 ETF

The Vanguard S&P 500 ETF, known by its ticker VOO, has crossed the symbolic $1,000bn mark in assets, a first for the exchange-traded fund. The vehicle has quadrupled its assets under management since 2022 and has overtaken State Street's SPY, the long-standing market benchmark, driven by the Wall Street rally, steady flows into index products, and the search for exposure to large-cap U.S. stocks linked to artificial intelligence.

June 03, 2026 at 05:17 pm

Supermicro and Arm Tackle AI's Achilles' Heel: Energy Consumption

Super Micro Computer is partnering with Arm to launch a new generation of AI servers designed to pack more computing power into data centers while curbing electricity usage.

June 02, 2026 at 07:50 pm

UniCredit-Commerzbank: The Italian Lender Aims to Revive European Banking Consolidation

UniCredit has crossed the strategic 30% threshold in Commerzbank, strengthening its influence in a case that extends far beyond a simple merger between two banks. The operation could become a major precedent for banking consolidation across Europe.

June 02, 2026 at 06:55 pm

Software Stocks Bolster AI on Wall Street as Oil Clouds the Trend

U.S. markets began the week on a high note Monday, supported by the strength of artificial intelligence stocks and a rebound in the software sector, though gains were tempered by rising oil prices and weakness in small-cap equities. The S&P 500 gained 0.26% to 7600.0 points, the Nasdaq 100 rose 0.60% to 30,513.9 points, while the Dow Jones advanced 0.09% to 51,078.9 points and the Russell 2000 fell 0.26% to 2911.6 points.

June 01, 2026 at 09:11 pm

Anthropic Prepares for Initial Public Offering

Anthropic has taken a significant step toward Wall Street by confidentially submitting a draft registration statement for an initial public offering with the SEC, the U.S. securities regulator. The creator of Claude, a primary competitor to OpenAI in the generative artificial intelligence space, noted that the number of shares to be offered and the price range have not yet been determined, as the transaction remains subject to market conditions and regulatory review.

June 01, 2026 at 06:03 pm

Is a Comeback Underway for Software Developers?

After weathering a difficult period since last autumn, software developers have begun to recover over the past few weeks. The sector has recently been under pressure due to fears that new AI tools, notably Anthropic's Claude Code and OpenAI's Codex, would lower the industry's barriers to entry. However, these concerns failed to materialize in first-quarter results.

June 01, 2026 at 06:02 pm

AI Propels Memory Market Toward Growth Near 300% by 2026

Long considered one of the most cyclical segments of the semiconductor industry, the memory market is entering a new phase, driven by the rise of agentic artificial intelligence.

June 01, 2026 at 03:24 pm

Exxon Sounds Alarm on Oil Inventories, Warning of $160 Brent

Exxon Mobil's senior vice president warns that global oil inventories are approaching critical operational levels, as the closure of the Strait of Hormuz remains partially masked by commercial and strategic reserves.

May 29, 2026 at 09:11 pm

Okta Surges 30% Following Quarter That Reassures on Growth and Margins

Okta sparked a significant resurgence of interest on the stock market after a quarterly release deemed reassuring, occurring in a cybersecurity sector where investors are increasingly discriminating between sustainable growth, profitability, and credible exposure to artificial intelligence. The stock soared by approximately 30% the day after the results, driven by revenue that exceeded expectations and adjusted profitability that came in better than projected.

May 29, 2026 at 08:46 pm