Personal FinanceLetter to saversAnalyses of financial statements and business prospects by Vittorio Carlini
Letter to savers18/10/2026 DHL diversifies: this is how the stock market views the parcel and logistics giant
Letter to savers04/10/2026 Schneider Electric: the boom in AI and data centres is boosting profitability
Letter to savers14/09/2026 TSMC and the final challenge: increasing investment without reducing margins
Letter to savers07/09/2026 Walt Disney enters a new era: more AI to generate greater revenue from users
Letter to savers30/08/2026 Moderna: the market goes beyond melanoma testing. The challenge lies in other treatments
Letter to savers23/08/2026 Microsoft’s challenge: striking the right balance between investment and revenue
Letter to savers10/08/2026 Alphabet: business is going well, but cash flows are causing concern on the stock market
Letter to savers02/08/2026 IMAX shares rise on the stock market. The film *Odyssey* boosts sales of specialised cinema equipment
Letter to savers05/07/2026 JPMorgan: business is going well. The crux of the long race to find Dimon’s successor
Letter to savers29/06/2026 ARM: the share price is caught between strong fundamentals and the risk of a bubble
Letter to savers21/06/2026 SpaceX on the stock market; AI and space are in the red: investment costs are taking their toll
Letter to the saver07/06/2026 AMD challenges Intel and Nvidia after a 118% rise and a technology breakthrough
Letter to the saver31/05/2026 Intel makes a comeback with traditional chips. Stock is expensive on the stock exchange
Letter to the saver25/05/2026 Caterpillar: rallying with AI, but core business remains industry-related
Letter to the Saver17/05/2026 Broadcom: stock rises on the stock market, but all that glitters is not gold
Letter to the saver10/05/2026 Visa relaunches business: against cryptocurrencies more push on services
Letter to the saver03/05/2026 Nvidia, not just chips: the challenge is to cover more stages in AI production
Letter to the saver27/04/2026 Adobe is at a crossroads: meet the AI challenge or slip into the stock market
Letter to the saver19/04/2026 CrowdStrike, the stock exchange wants more balance in artificial intelligence
Letter to the saver05/04/2026 How Johnson & Johnson moves against the risk of tariffs and war in Iran
Tech30/03/2026 Fortinet, the cybersecurity headline that (so far) does not suffer from the war in Iran
Letter to the saver23/02/2026 Amgen's strategy: more drugs in the portfolio against the end of patents
Letter to the saver16/02/2026 Artificial intelligence, Apple chooses caution. Focus on iPhone and services
Letter to the saver18/01/2026 Spotify, the online music marketplace diversifies. More subscriptions but advertising slows
Letter to the saver03/01/2026 Big Pharma: how Bristol Myers Squibb counteracts generics. Discount stock
Meta, the cost of AI: revenue is rising but cash is being burned