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Is AI seriously overbought?
$AIQ is the Global X Artificial Intelligence & Technology ETF. It is at the most overbought levels since July 2024...just before markets crashed. Source: TME, LSEG
Senate votes 48-47 to confirm Stephen Miran to Fed board
Source: Kevin Gordon @KevRGordon, Blomberg
September FOMC: odds on the Fed’s rate decision
Source: Polymarket
Seagate is now the top performing stock in the S&P 500 for 2025
The GenAI bull market is expanding. Source: Mac10
Donald Trump has called for US companies to stop reporting quarterly results
He added that a shift to publishing figures twice a year will save them cash and allow executives to focus on their businesses. The US president issued his call in a post on his Truth Social network on Monday, contrasting standard practice in the US with what he depicted as China’s more long-term approach. Most publicly listed US companies are required to file quarterly and annual financial filings with the Securities and Exchange Commission, known respectively as 10-Q and 10-K disclosures. “Subject to SEC Approval, Companies and Corporations should no longer be forced to ‘Report’ on a quarterly basis . . . but rather to Report on a ‘Six (6) Month Basis’,” Trump said. “This will save money, and allow managers to focus on properly running their companies.” Source: FT
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