RBC Capital Markets

European defense stocks are projected to achieve continued strong growth over the coming years. This optimistic outlook is based on the region’s rearmament cycle entering a new stage, according to analysts.

RBC Capital Markets developed an interactive tool to address the build-versus-buy debate surrounding business software. The calculator allows users to compare subscription costs with the full cost of building and running an in-house alternative, factoring in maintenance, security risks, and repairs. RBC's analysis found that building core systems—such as payroll or customer records—is usually more expensive than simply purchasing the required software.

Treasury Secretary Scott Bessent’s team has rejected Wall Street’s recommendations to adjust guidance on U.S. debt sales, with dealers anticipating no changes in issuance levels for several quarters. The current strategy relies on short-term bills to manage borrowing costs, despite risks from potential Federal Reserve rate hikes and rising long-term bond yields.

Lori Calvasina from RBC Capital Markets discusses stock trading by institutional and retail investors and the firm's Four Tiers of Fear on Bloomberg Money.

Bloomberg Money discusses rising mortgage rates and 'boomerang' kids, featuring Richard Clarida and Lori Calvasina. The segment covers economic and financial topics with insights from PIMCO and RBC Capital Markets experts.

Conflicts in the Persian Gulf, Red Sea, and Black Sea are disrupting oil and refined product supplies, with Iran-backed Houthi rebels targeting the Bab el-Mandeb Strait and Ukraine attacking Russian oil infrastructure. Refined fuel shortages are worsening due to depleted global stockpiles, causing sharp increases in crack spreads between oil and fuel prices.

Kent Shen, a product manager in Seattle, increased his salary from $40,000 to over $250,000 by pursuing an MBA after career setbacks. His education at the University of Michigan's Stephen M. Ross School of Business helped him pivot industries and achieve a significant salary growth.

The Cboe NDX Volatility Index, tied to the Nasdaq 100, has reached its highest level since 2002 relative to the S&P 500's VIX, signaling growing concerns over excessive positioning and volatility in tech stocks. A 30% rally in the Nasdaq 100 and the inclusion of Space Exploration Technologies Corp. (SpaceX) are exacerbating swings, with levered ETFs in AI and semiconductors amplifying the turbulence.

A new RBC survey of chief information officers and tech leaders reveals OpenAI is the most popular AI provider, with companies managing AI token budgets and increasing spending. The research challenges concerns about AI costs and shows a shift from experimental to production-stage AI adoption.

The UAE's decision to leave OPEC raises questions about the oil cartel's future influence. NPR's A Martinez discusses the potential impacts with Helima Croft, global head of commodity strategy at RBC Capital Markets.