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ECB’s Vujčić highlights role of household expectations in monetary policy
Vice-President cites ECB’s Consumer Expectations Survey as critical tool for tracking inflation perceptions, spending plans and policy transmission amid geopolitical uncertainty.
Salesforce, CrowdStrike shares surge as AI drives software earnings
Salesforce and CrowdStrike led gains after reporting AI-driven revenue growth and upward guidance, while Intuit posted a Q4 EPS beat. European software stocks also advanced amid sector momentum.
Aebi Schmidt raises 2030 revenue target to CHF 3 bln on M&A, synergies
Swiss industrial group lifts long-term revenue and EBITDA margin goals after Shyft acquisition, targeting 50% organic growth and 50% from deals. Management cites margin expansion from U.S. footprint and after-sales expansion.
Frankfurt stocks rise as Nvidia, US tech earnings lift DAX 0.31%
German equities advanced Thursday as strong U.S. tech earnings offset uncertainty ahead of the Jackson Hole central bank symposium. Nvidia's AI chip outlook drove gains in tech-heavy sectors.
Hugging Face debuts $400 Microduck robot with AI capabilities
The open-source robot, priced at $399, features walking, object manipulation and roller-skating. Developers can program new skills using reinforcement learning.
Swiss Market Index falls 1.1% as heavyweights weigh on SMI
Partners Group gains 2.2%, Gurit surges 14% while Nestlé, Novartis and Roche decline. US tech rally lifts Nasdaq 100 to 29,518 as Nvidia, Salesforce and CrowdStrike advance.
German economy seen on cusp of growth rebound through 2028
DIW and Bundesbank raise 2026 GDP forecasts to 1.2% and 1.0% respectively, citing stronger exports and reduced energy shock impact. Fragile recovery hinges on public spending as private investment lags.
Jefferies upgrades EU utilities with RWE, E.ON, EDP as power prices rise
Brokerage names RWE as top power pick, E.ON as top regulated utility, and EDP as top integrated utility amid surging European power prices and regulatory tailwinds.
Swiss shares rise as defensive stocks lead; gold rallies on softer jobs data
Swiss Market Index edges higher as Roche and other defensive stocks gain; gold jumps 0.63% on dovish US jobs report and weaker dollar. US semiconductor and software stocks diverge in premarket trading.
Swiss banks face CHF 12-24 bln mortgage funding gap under Basel III
New Basel III rules could leave a CHF 12-24 billion annual financing shortfall for Swiss real estate and development projects, while owner-occupied housing benefits from lower capital requirements.
US stocks fluctuate as tech gains offset losses; SMI pares declines
Dow futures edge higher while Nasdaq 100 slips; energy price surge fuels inflation concerns ahead of Fed decision. Swiss market pares losses with defensive stocks leading gains.
DAX extends losses as oil prices and bond yields rise
German blue-chip index falls 0.44% to 25,856 amid elevated oil prices and bond yields, while MDax declines 1.04%. Geopolitical tensions in the Middle East further support crude prices.
Credit Exchange CEO on scaling Swiss mortgage platform to $6 bln
Serkan Mirza discusses leading the Credit Exchange’s rapid growth, integrating AI and expanding into pensions as the B2B platform reshapes Switzerland’s mortgage market.
Morgan Stanley lifts ratings on Coloplast, Demant in European MedTech
Analysts raise targets on hearing-aid names and rebalance coverage after strategic updates, while downgrading Smith & Nephew to equal weight. Sector remains in-line.
DAX inclusion shows mixed long-term stock performance gains
Deutsche Bank analysis finds new DAX entrants underperform the index by a median 8% in their first year, despite short-term liquidity boosts. Changes effective September 21.
Swiss stocks slip as oil, rate fears weigh on markets
SMI falls 0.4% as Brent crude tops $95, inflation and ECB/Fed policy expectations drive defensive rotation; Roche, Swiss Life gain while Amrize, Holcim lag.
Six EU net contributors push for deep cuts to €2 trillion budget plan
Germany, Austria and four other net contributors demand reductions of several hundred billion euros to the EU's 2028-2034 budget, citing national consolidation needs and rejecting further joint borrowing.
Nvidia lifts US tech as Salesforce jumps; SMI hits session low
Nvidia surged 8% premarket after strong outlook, lifting the Nasdaq 100, while Salesforce rallied 10% on AI-driven growth guidance. Swiss equities fell 1.2% as heavyweights weighed.
Swiss equities slip as oil, inflation and rate fears weigh
SMI falls 0.4% to 14,280 as defensive shares lag; Amrize drops 2.7% after BofA downgrade, Roche and Swiss Life advance. Brent crude tops $95/bbl after U.S.-Iran strikes.
US stocks slip at week open as oil spikes, geopolitics weigh
Dow Jones falls 0.4% as Brent crude tops $91; Aon shares drop on $17bn KKR deal; GameStop warns on Q2 revenue amid store closures.
Swiss stocks fall as oil surge fuels inflation concerns; UBS upgrades Comet, VAT, Inficon
SMI drops 0.1% as Brent crude tops $95 a barrel after U.S.-Iran tensions escalate; UBS lifts targets on Swiss tech names. Nestlé to sell vitamins unit for $1 billion.
Swiss stocks slip as oil surges, geopolitical risks weigh on markets
The SMI fell 0.1% to 14,323 as Brent crude topped $95 a barrel amid U.S.-Iran tensions. Tech shares led gainers, while Amrize and Partners Group lagged.
Nvidia’s strong results lift Swiss chip suppliers modestly amid mixed market signals
Comet, Inficon and VAT Group gain 1.4%-2.1% after Nvidia’s Q2 revenue surge, but broader semiconductor volatility remains subdued. Analysts cite solid fundamentals for VAT as Citigroup sets a 850-franc target.
Nvidia lifts premarket U.S. stocks; Salesforce surges on outlook; SMI falls
U.S. futures rise as Nvidia’s results fuel AI optimism; Salesforce jumps 10% on raised revenue guidance. Swiss SMI declines 0.9% as heavyweights Nestlé, Novartis and Roche weigh.