The dizzying shifts in the global economic narrative

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Flick through sell-side research notes from the end of last year and you’ll find plenty of analysts crowing about “US exceptionalism”, China’s “uninvestability” and Europe’s dull stock markets. In the two months since President Donald … Read more

Saylor’s Strategy, and the trouble with Strife

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. They’re at it again. “MicroStrategy Incorporated d/b/a Strategy” — the enterprise software company turned bitcoin maximalist — has announced a new financial instrument to raise money to buy more bitcoin. It’s called Series A Perpetual … Read more

CoreWeave tests investor risk appetite with $7.5bn in looming debt repayments

CoreWeave is facing nearly $7.5bn in debt repayments by the end of next year, requiring investors in its blockbuster public listing to take a leap of faith in the cloud computing group’s ability to grow fast enough to settle the looming obligations. The US company, which leases computing capacity to tech groups building artificial intelligence … Read more

Turkish stocks head for worst week since 2008 after Erdoğan rival’s arrest

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Turkish stocks plummeted on Friday after thousands of people took to the streets of Turkey’s largest cities overnight to protest against the arrest of the main political challenger to President Recep Tayyip Erdoğan. The fall … Read more

Relaxing regulations on banks comes with risk

This article is an on-site version of our The State of Britain newsletter. Premium subscribers can sign up here to get the newsletter delivered every week. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good afternoon and welcome back to the State of Britain. I’m Martin Arnold, the FT’s financial regulation … Read more

have Eurostonks finally found their rizz?

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. After years in the toilet, European stocks are back. Trump is threatening to withdraw US security guarantees, Europe’s defence spending is ramping up, and the continent’s once-beleaguered industrial champions are newly energised. Also, meme stocks … Read more