Valentin Aufrand

Citadel Securities Warns of Fragility in Wall Street Rally

After advocating for a bullish scenario for U.S. equities in early April, Scott Rubner of Citadel Securities now believes the Wall Street rebound has profoundly shifted the balance of risks.

May 18, 2026 at 08:42 pm

Dell Accelerates in Enterprise AI with 1,000 New Customers for its AI Factory Portfolio

With more than 5,000 customers now recorded for its AI Factory line, an increase of 1,000 over the last quarter, Dell Technologies is confirming the robust demand for enterprise artificial intelligence infrastructure. The group is benefiting from a market driven by large corporations, regulated sectors, and sovereign entities seeking to deploy new AI workloads while maintaining control over their data, costs, and security.

May 18, 2026 at 07:26 pm

Innate Pharma soars following reassuring quarterly update on clinical pipeline

The Marseille-based biotech saw its shares jump 35% on Thursday, followed by a nearly 5% gain on Friday, after a quarter marked by progress across its core programs.

May 15, 2026 at 08:44 pm

The 10-year US Treasury touches 4.6% as US-Iran tensions and inflation fears flare

Pressure in the US bond market intensified Friday, driven by stronger inflation worries reinforced by this week's data and renewed uncertainty over the situation between the United States and Iran.

May 15, 2026 at 08:21 pm

Morgan Stanley Says Mexico Has a Window of Opportunity in Emerging Markets

Morgan Stanley Investment Management is putting Mexico back at the center of the emerging-markets map, but the case laid out by the manager goes beyond the nearshoring narrative. In a note published by its emerging-markets equities team, the bank says proximity to the United States remains a structural advantage, but the country’s upside now depends more on Claudia Sheinbaum’s ability to reignite domestic growth and private investment.

May 15, 2026 at 07:02 pm

Cerebras achieves spectacular IPO in the shadow of Nvidia

Cerebras Systems marked one of the most spectacular Wall Street debuts of the year on Thursday. The California-based manufacturer of chips dedicated to artificial intelligence opened at $350 on the Nasdaq, representing an 89% surge above its initial public offering price of $185 per share. The operation raised $5.55bn through the sale of 30m shares, resulting in an initial valuation of $56.4bn on a fully diluted basis.

May 14, 2026 at 09:37 pm

OpenAI Criticizes Apple for Limiting ChatGPT's Reach on iPhone

OpenAI is preparing potential legal action against Apple, according to Bloomberg, as the partnership announced between the two groups in 2024 has significantly deteriorated. The startup's lawyers are working with an outside firm on several options, which could include sending a formal notice alleging a breach of contract, though this may not immediately lead to a formal lawsuit.

May 14, 2026 at 06:56 pm

Wall Street Mixed as Tech Defies Resurgent Inflation

U.S. markets ended Wednesday with divergent results, caught between a sharper than expected acceleration in producer prices and the ongoing rally in artificial intelligence stocks. The S&P 500 gained 0.58% to 7,444.2 points and the Nasdaq 100 rose 1.04% to 29,367.0 points, while the Dow Jones remained near break-even, slipping 0.14% to 49,693.2 points.

May 13, 2026 at 09:13 pm

Fervo Energy Makes Strong Nasdaq Debut Riding the AI Power Wave

Fervo Energy successfully entered the Nasdaq on Wednesday, surging 33% in its first trading session as AI-driven electricity demand continues to fuel investor appetite for energy infrastructure. The Texas-based group, trading under the ticker 'FRVO', opened at $36, a 33% jump from its IPO price of $27. This rally brings the company's valuation to approximately $10.2bn.

May 13, 2026 at 08:35 pm

Copper: The forces behind the new records

Copper hit fresh records this week around $14,700 a ton, extending its year-to-date gain to +17% and to more than 40% over the past year. The move rests mainly on three drivers: resilient Chinese demand, rising needs for power grids and data centers, and mining supply that is struggling to accelerate.

May 13, 2026 at 07:46 pm

SAP Invests in n8n to Bolster Joule Studio in Agentic AI

SAP is accelerating its enterprise artificial intelligence strategy with a strategic investment in n8n, the Berlin-based startup specializing in workflow orchestration and AI agents. The deal values n8n at $5.2bn, more than doubling its valuation from less than a year ago, and is accompanied by a multi-year commercial partnership.

May 12, 2026 at 10:24 pm

Nokia regains upper hand in video patent dispute against Acer and Asus

Nokia secured a significant legal victory in the United Kingdom on Tuesday in its ongoing conflict with Acer and Asus regarding patents related to video coding technologies.

May 12, 2026 at 10:08 pm

GLP-1: The Winners and Losers of Shifting Consumer Habits

GLP-1 drugs are reshaping consumer habits, with an impact that remains subtle today but is poised to weigh more heavily on corporate earnings by 2030.

May 12, 2026 at 08:12 pm

AI Continues to Propel Wall Street While Oil Renews Pressure

U.S. markets began the week on a tentative note, as strength in semiconductors and persistent optimism surrounding artificial intelligence demand offset a fresh rebound in oil prices following Donald Trump's rejection of the Iranian response to his proposal. The S&P 500 gained 0.19% to 7,412.9 points and the Nasdaq 100 rose 0.29% to 29,320.7 points, marking new records, while the Dow Jones advanced 0.19% to 49,704.3 points.

May 11, 2026 at 09:08 pm

S&P 500: The strongest earnings growth since 2021, powered by AI

First-quarter earnings season is, so far, giving Wall Street rebound advocates a solid argument. According to FactSet, 89% of S&P 500 companies have reported, with 84% delivering earnings per share above expectations and 80% posting revenue above forecasts, both readings above historical averages.

May 11, 2026 at 08:27 pm

Semiconductors Power Wall Street Despite Renewed Tensions in the Strait of Hormuz

U.S. markets rose on Friday, lifted by stronger-than-expected job creation and another surge in artificial intelligence-related stocks, despite renewed tensions in the Middle East. The S&P 500 gained 0.84% to 7,398.9 points, the Nasdaq 100 climbed 2.35% to 29,235.0 points, setting a new record close, while the Dow Jones stayed near flat (+0.02% to 49,609.2 points).

May 08, 2026 at 09:12 pm

Costco flags firmer US demand despite pricey gas

Costco's April sales point to very robust, accelerating household spending in the United States, even after adjusting for calendar, currency and gasoline effects.

May 07, 2026 at 10:13 pm

Coinbase Caught Up in Crypto Market Weakness

In an environment that remains unfavorable for cryptocurrencies, Coinbase posted a first quarter that highlights the gap between its strategic progress and the still limited translation into results. The stock fell about 4% in after-hours trading, extending a roughly 20% drop since January 1, in step with the broader pullback in cryptocurrencies.

May 07, 2026 at 09:52 pm

Expedia punished despite a better-than-expected quarter

Expedia Group is down about 5% in after-hours trading, despite reporting quarterly results that topped expectations. The online travel group posted first-quarter revenue of $3.43bn, up 15% year over year, versus a consensus near $3.35bn. Adjusted earnings per share came in at $1.96, well above the $1.41 the market was expecting.

May 07, 2026 at 09:28 pm

Zoetis plunges after disappointing results and weaker guidance

Zoetis tumbled on Wall Street after a quarterly report that calls into question the resilience of its long-standing growth engine. The stock is down 20%, the steepest decline in the S&P 500, taking its drop to about 30% year to date and 40% over the past 12 months.

May 07, 2026 at 08:24 pm

Goldman Sachs and McKinsey Bring the AI Boom Back to Its Physical Constraints

As tech giants keep rolling out ever larger AI spending plans, Goldman Sachs is reminding investors that the story is not just about buying more chips or building more servers. In its base case, the bank estimates that AI infrastructure could require about $765bn of spending in 2026, then $1,600bn in 2031, or nearly $7,600bn cumulatively between 2026 and 2031 across compute, data centers and power.

May 07, 2026 at 07:49 pm