Only three times in history has the S&P 500 been down at least 15% YTD and moved back to positive by the end of the year.
Could this year will be number four? Source: Ryan Detrick
IPO Watch: eToro's U.S. IPO sees strong demand, with order books oversubscribed ahead of pricing $ETOR
@seekingalpha @WallStHorizon thru Mike Zaccardi, CFA, CMT, MBA
The US and China have agreed on a deal to help resolve the trade war raging between the world’s two largest economies, top Trump administration officials announced Sunday.
Details of the deal, struck during negotiations in Switzerland over the weekend, were not revealed, but officials teased that more information will be shared on Monday. Source: Karli Bonne on X
The largest trade deficits and surpluses with the US
Source: Markets & Mayhem @Mayhem4Markets
Capital light businesses outperform over time
Source: Invest In Assets 📈 @InvestInAssets, Goldman
OPENAI IN TALKS WITH $MSFT TO SECURE FUNDING & PAVE PATH TO IPO 😳
OpenAI and Microsoft are rewriting the terms of their multibillion-dollar partnership in a high-stakes negotiation designed to allow the ChatGPT maker to launch a future IPO, while protecting the software giant’s access to cutting-edge artificial intelligence models. Microsoft, OpenAI’s biggest backer, is a key holdout to the $260bn start-up’s plans to undergo a corporate restructuring that moves the group further away from its roots as a non-profit with a mission to develop AI to “benefit humanity”. A critical issue in the deliberations is how much equity in the restructured group Microsoft will receive in exchange for the more than $13bn it has invested in OpenAI to date. Source: Shay Boloor @StockSavvyShay, FT
How do US universities make money?
Source: Markets & Mayhem @Mayhem4Markets, Voronoi
ChatGPT still leads, Gemini rises
40% of U.S. consumers have used a Gen AI tool in the past 30 days. Most used: 1. ChatGPT - 46% 2. Google Gemini - 37% 3. Microsoft Copilot - 25% Which AI tool do you use most? Source: The Future investors
