Nvidia certainly earned the title of Fiery Flash this past week, being the top performer in the S&P 500, just ahead of specialty chemicals manufacturing company Albemarle and fellow AI infrastructure companies Oracle and Arista Network. Nvidia rose by 15.9% last week, achieving a YTD performance of 140.6%. The immediate catalyst for this strong performance was Nvidia CEO J ...
Air conditioning could boost Belgium's electricity demand by as much as 6.2%
As the Belgian summer nears its end, it's tempting to think of cooler months ahead and forget the challenges that come with rising temperatures. However, despite the coolness of recent summers, data from the Flemish Environment Agency (VMM) clearly indicates a trend of increasing warm and tropical days in Belgium. This raises an important question: if Belgians begin integrating ...
Gaming: An overlooked tech subsector primed for an AI boost?
The streetlight effect and post-covid normalisation An old anecdote tells of a policeman who sees a drunk man searching under a streetlight late at night. The officer asks what the man has lost. "My house keys," the drunk replies. They search together for a few minutes under the light. Then the officer asks, "Are you sure you lost them here?" "No," says the man, "I lost them i ...
Global energy emissions hit record high, despite significant shift towards renewables
Renewables on the rise Global investment in clean energy technology and infrastructure is projected to reach $2 trillion in 2024, doubling the amount allocated to fossil fuels, according to a report by the International Energy Agency (IEA)[1]. This means that for every dollar invested in fossil fuels today, almost two dollars are invested in clean energy technology. This surge ...
#MacroFriday: Slowing US job creation opens door for rate cuts
MacroFriday is back after a long summer break! I hope your summer was less volatile than the financial markets in July and August. Unfortunately, we weren’t able to enjoy a peaceful beach vacation as the macroeconomic environment experienced some major shifts over the past few months. Before the summer, US inflation was clearly on a disinflationary trajectory, and this trend c ...
Fiery Flash: Hermès
Over the past five days, shares of luxury group Hermès have taken a 10% dive. Growing concerns about (Chinese) consumer spending and analysts lowering profit expectations have driven the share price further down. French company Hermès is renowned in the luxury goods sector. It’s not named after the Greek god of trade and commerce, but rather after its founder, Thierry Hermès. ...