Semiconductors now represent almost 15% of AC MSCI World market capitalisation and are now the largest sector overall.
Source: SocGen, TME
Trump to be briefed on new military options for Iran.
CENTCOM Commander Brad Cooper is set to present updated plans for potential military action, per Axios. The briefing signals the US is weighing a return to major combat operations amid stalled negotiations. Options under consideration include escalation to break the deadlock or delivering a decisive strike before ending the conflict. Source: Bull Theory Activate to view larger image,
The "MAGNIFICENT 7" just reported the biggest revenue surge in stock market history.
Google nearly doubled what Wall Street expected. EPS came in at $5.11 against an estimate of $2.63, a 94% beat. Revenue hit $109 billion against an estimate of $107 billion. $GOOG jumped 7% and hit a new all time high. Microsoft beat every expectation. EPS of $4.27 against an estimate of $4.06. Revenue of $82 billion against an estimate of $81 billion. $MSFT gained 5%. Amazon had one of the biggest EPS beats of any company its size in years. EPS of $2.78 against an estimate of $1.64, a 70% beat. Revenue of $181 billion against an estimate of $177 billion. $AMZN dropped 7% immediately after the report and then fully recovered to close up 4%. Meta beat every single number Wall Street had. EPS of $10.4 against an estimate of $6.82, a 52% beat. Revenue of $56 billion against an estimate of $55 billion. $META dropped 7% anyway. Source: Bull Theory
US oil exports soared to a record 6.4 million barrels last week. Out of the US SPR... and to foreign buyers
Source: zerohedge
Sam Altman’s Worldcoin ($WLD) has lost about 98% of its value, turning a $100,000 investment at its peak into roughly $2,000.
The project’s “Orb” device, which scans irises in exchange for tokens, raising concerns about permanent biometric data collection and consent—echoed by Edward Snowden and researchers like MIT. It highlights regulatory pushback and bans across multiple countries. Some are pointing out that the project’s team of selling large amounts of tokens while supply increases, contributing to price decline, and portrays broader ethical and legal concerns around the project.
US economic data keeps surprising to the upside, while European data keeps surprising to the downside.
That gap just keeps growing, according to Bloomberg economic surprise indexes. Source: Bloomberg, Lisa Abramowicz
The Fed expanded the money supply by nearly $9 trillion under Powell.
Inflation has averaged >4% per year over the past 6 years. Powell's explanation? It was nearly all due to rolling “supply shocks" over which the Fed has no control. The truth: this inflation was made in Washington as it always is - from too much government borrowing/spending and too much government creation of money. Source: Charlie Bilello
Apple $AAPL is not investing money into AI like the other mega cap companies.
Source: Evan, Leverage shares
