Semiconductor fund managers after seeing 4 memes about DeepSeek on X.
Chip stocks are plunging overnight on the back of the DeepSeek story: 1. Arm, $ARM: -5.5% 2. Nvidia, $NVDA: -5.3% 3. Broadcom, $AVGO: -4.9% 4. Super Micro, $SMCI: -4.6% 5. Taiwan Semi, $TSM: -4.5% 6. Micron, $MU: -4.3% 7. Qualcomm, $QCOM: -2.8% 8. AMD, $AMD: -2.5% 9. Intel, $INTC: -2.0% DeepSeek is only story in town and it’s showing up in global markets this Monday
The S&P 500 reached a record $54.3 trillion in market cap last week, adding $1.1 trillion in 1 week.
Since the August low, the index's market cap is up a massive $8.5 trillion. Furthermore, the index has added $12.4 trillion in value since the beginning of 2024. The S&P 500 has added 78% of Europe's market cap and DOUBLE the size of the Japanese market in 1 year. As a result, the US market cap to GDP ratio has reached an all-time high of 209%. Source: The Kobeissi Letter
All eyes on the Nasdaq 100.
Over 25% of stocks in the index report earnings this week... Source: Trend Spider
Incredible stat: 98% of Warren Buffett's current net worth of $146 billion came after he turned 65
"My life has been a product of compound interest." - Warren Buffett Source: Peter Mallouk
🚨The current financial system benefits the RICHEST and hits the poorest:
The Top 10% of US households now own $111 trillion of all wealth or 69% of the total. The Bottom 50% holds ONLY $3.9 trillion or 2.4% of wealth. Since 2021, their wealth adjusted for inflation DECLINED by 5%. Source: Global Markets Investor
Central Bank Gold Reserves
Interesting thing on this is how even after their big buy-up, Russia & China lag far behind USA + Eurozone holdings of gold. Source: Callum Thomas, Visual Capitalist
In the us, Home buying conditions have collapsed to levels NEVER seen in 65 years
Source: Bravos Research
Words used most often in Trump's speech.
Source: Wall Street Mav
