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Markets
What Nvidia's $500 billion Wall Street deal signals about the AI boom
Nvidia and six of the world's largest investment firms announced plans last week to channel more than $500 billion (€433bn) into AI infrastructure, an arrangement designed to let tech companies build data centres without loading the cost onto their own balance sheets.
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Europe Today
Banking fragmentation 'holding EU back', commissioner says
Maria Luís Albuquerque, commissioner for Financial Services, believes the European Union's banking sector needs a "change in mindset". She says the EU should be willing to take greater risks while preserving financial stability.
Markets
Investors look beyond the 'Magnificent 7' and embrace the 'FAB 10'
SpaceX's record-breaking market debut has pushed Wall Street to widen its favourite shorthand of the so-called 'Magnificent 7', with strategists folding Elon Musk's firm, OpenAI and Anthropic into a new 'FAB 10' label that captures the next phase of the AI trade.
Europe News
EU cuts GDP forecast as Strait of Hormuz crisis pushes inflation up
The EU has downgraded its 2026 economic growth forecast after the Strait of Hormuz crisis sent energy prices sharply higher earlier this year. With no end to the conflict in sight, rising energy costs are fuelling tensions among member states calling for additional fiscal support measures.
