XAI, the artificia lintelligence startup run by Elon Musk, raised a combined $10 billion in debt and equity, Morgan Stanley said.
Half of that sum was clinched through secured notes and term loans, while a separate $5 billion was secured through strategic equity investment, the bank said on Monday. The funding gives xAI more firepower to build out infrastructure and develop its Grok AI chatbot as it looks to compete with bitter rival OpenAI, as well as with a swathe of other players including Amazon -backed Anthropic.
McDonald's Reacting on Major Swing Support
McDonald's (MCD) has consolidated 13% since the highs and is now back on the major swing support zone between 276-286. Yesterday, we saw some positive price action on the 4-hour chart, indicating a potential short-term trend change. Keep an eye on the price action over the next few days for further developments. Source: Bloomberg
The Dollar posted its steepest first-half decline in over five decades, as erratic policy shifts and signs of slowing economic activity continue to erode confidence in the reserve currency.
The Dollar Index DXY Index fell 10.8% in H1 2025 as the Dollar weakened sharply against major developed-market currencies. The Greenback tumbled 14.4% against the Swiss franc, 13.8% against the Euro and 9.7% versus the Pound. Emerging-market currencies also rallied, delivering some of their strongest gains in years. (BBG) Source: HolgerZ, Bloomberg
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Invest In Assets 📈 @InvestInAssets
This chart from, BNP / EPFR indicates that the strong outperformance of European stocks this year was primarily driven by US investors shifting their investments into Europe.
In contrast, European investors made only modest shifts. Source: HolgerZ
The top 3 country equity ETFs so far in 2025:
1) Poland $EPOL: +54.5% 2) Greece $GREK: +52.2% 3) Austria $EWO: +42.6% Source: Charlie Bilello
In May, US personal income dropped by 0.4%, the first month-over-month decline in almost 4 years.
Source: Steven Rattner @SteveRattner
Nvidia $NVDA MOAT IS PROTECTED BY THREE KEY PILLARS
• CUDA lock-in -- decades of ecosystem depth and unmatched developer tooling • Supply chain control -- co-designed with $TSM, early access to HBM3E, and vertical coordination • Inference dominance -- where most AI workloads are headed, and where NVIDIA leads on both efficiency and software Source: Futurum Equities @FuturumEquities
