Kevin Smith
Journalist
Deutsche Bank raises TP for Alcon, but shares down
Deutsche Bank said on Monday that it has raised its target price for Alcon shares to 73 Swiss francs from 70, arguing that the ophthalmology specialist's strong operational execution offsets headwinds weighing on the business.
August 17, 2026 at 09:16 am EDT
Fastned surges on the stock market, helped by broker comments
After rising by over 5% on Friday, Fastned is jumping another 10.6% to EUR41.7 in Amsterdam, still riding the wave of its latest results published last week, a release that has led several brokers to upgrade the stock recently, and notably ING this morning.
August 17, 2026 at 08:44 am EDT
Berlin Opens the Door to a Sale of Commerzbank to UniCredit
Germany could consider selling its 12.7% stake in Commerzbank to UniCredit if the banks agree on a common strategy, according to information obtained by Bloomberg. Such a scenario would mark a clear shift by Berlin, which has long opposed a takeover by the Italian group.
August 17, 2026 at 06:01 am EDT
CME Group: Was the market right to worry about perpetual futures?
Between its early-March peak around $329 and its late-June low at $218, CME Group shed nearly 34%. That selloff was largely driven by the CFTC's authorization of Kalshi's perpetual Bitcoin futures, which heightened fears that these no-expiry contracts, already hugely popular on offshore crypto platforms, could gradually pull liquidity away from CME's ecosystem.
August 17, 2026 at 03:20 am EDT
Nu Holdings reassures on credit, while profit tops $1bn
Nu Holdings shares climbed 8% on Wall Street on Friday, the day after results marked the first time it crossed the $1bn threshold in quarterly net profit. Operating in Brazil, Mexico and Colombia, the Latin American digital banking giant continues to pair rapid business growth with improving profitability.
August 17, 2026 at 03:20 am EDT
Berkshire Makes Alphabet Its Third-Largest Public Equity Holding
Berkshire Hathaway sharply increased its stake in Alphabet in Q2, making Google's parent its third-largest US-listed equity position, behind Apple and American Express. The conglomerate held about 106 million Alphabet shares at the end of June, valued at $37.9bn, after boosting its share count by 83%. The increase largely reflects a $10bn private purchase aimed at supporting Alphabet's investments in artificial intelligence infrastructure.
August 17, 2026 at 03:03 am EDT
Goolsbee Sees Latest Inflation Signals as More Encouraging
Chicago Federal Reserve President Austan Goolsbee said the latest US inflation data shows modest improvement. He hopes price gains will keep cooling as the effects of tariffs and the Iran war-driven rise in oil prices fade. Despite these positive signals, he said overall inflation near 3% remains excessive and stressed that the goal is still a return towards 2%.
August 17, 2026 at 03:03 am EDT
SoftBank Invests in Capital One, Sharply Cuts Its TSMC Stake
SoftBank Group took a new stake in Capital One in the second quarter of 2026, while sharply reducing its exposure to Taiwan Semiconductor Manufacturing (TSMC), according to filings submitted to the SEC. The Japanese group bought 276,811 shares of Capital One during the quarter ended June 30. The position was valued at $55.5m at the end of the period.
August 17, 2026 at 03:03 am EDT
Trump's new tariffs threatened by a third court setback
Since the announcement of "reciprocal tariffs" on "Liberation Day" in April 2025, the Trump administration has already invoked three different legal foundations to preserve the core of its trade policy.
August 17, 2026 at 02:24 am EDT
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