🇬🇧 Stay ahead of the markets with Swissquote

Strong tech earnings aren’t enough to keep investors on board. AI stocks tumble as concerns about spending, debt and energy constraints overshadow impressive growth. In today’s Swissquote Daily Market Talk, we discuss the technology selloff, demand for US Treasuries, gold’s disappointing reaction and widening French sovereign spreads. We also look at P&G’s defensive appeal and why energy could become the next major AI investment theme. With Microsoft, Alphabet, Amazon and Sandisk reporting next week, can earnings restore confidence, or will investors keep jumping ship?

Listen to find out more!

Ipek Ozkardeskaya has begun her financial career in 2010 in the...

Strong tech earnings are struggling to fuel lasting market enthusiasm. Elevated oil prices, geopolitical tensions and widening European sovereign yield spreads add to the uncertainty. Carrefour’s profit warning shows that even defensive businesses face risks. As markets digest the news ahead of next week’s earnings, we examine technology’s rebound potential, selective defensive opportunities, Treasury yields and gold’s longer-term appeal.

Listen to find out more!

Ipek Ozkardeskaya has begun her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked at HSBC Private Bank in Geneva in relation to high and ultra-high net worth...

Renewed hopes of a US–Iran breakthrough briefly eased energy concerns before fading, leaving investors facing higher oil prices, persistent inflation risks and mounting European debt stress.
Meanwhile, SpaceX’s strong quarterly results revived enthusiasm for AI, with booming computing revenue highlighting its growing ambitions beyond space. But shooting for the moon comes at a cost: enormous infrastructure investment, rising financing needs and growing credit concerns across smaller competitors.
Meta’s results offer the next test for the broader AI trade. Can advertising growth and new products justify soaring spending? Bigger budgets could support chipmakers while pressuring cash flow. Softer plans could reassure...

European debt concerns, rising energy prices and fragile AI confidence test investors’ nerves. French unrest adds to fiscal and political uncertainty, while attractive Japanese bond yields raise questions about capital returning home and the consequences for global borrowing costs. US technology stocks have bounced, but weak Asian trading, Elice’s disappointing debut and resistance to Nscale’s valuation ambitions suggest investors are becoming more selective. Anthropic’s strong revenue growth offers encouragement, yet the AI spending boom still needs fresh money from paying customers to sustain it. Meanwhile, escalating Middle East tensions keep oil elevated, with Russian diesel supplies offering only limited potential...