Yesterday was a very strong day for the Nasdaq 100 (+2.8%) with semis leading the way (+7.5%) while META exploded +11.4%
The early success of Meta’s AI agent Muse leading to strong gains today for Arm (+16%), Intel (+13%) and AMD (+10%). In March, Arm CEO Rene Haas explained why AI agents need CPUs: ▫️AI agents use >15x more tokens than humans ▫️AI agents do general asynchronous tasks (browse, spreadsheets) that need CPUs ▫️a 1GW data centres now need 4x CPU cores (120m vs. 30m) for the AI agents Source: Finviz
Why did stocks surge yesterday?
Stocks surged as several negative pressures eased at once: oil fell sharply, the 10-year Treasury yield dropped toward 4.96%, and investors rotated back into technology and AI stocks. Bitcoin and copper also rallied, reinforcing the risk-on move. The +11% jump in Meta and comments from Bessent that no major AI regulatory breakthrough is expected also supported sentiment. However, the bond market remains cautious: the 2-year yield stayed around 4.74%, suggesting investors are pricing lower long-term inflation pressure rather than expecting a Fed pivot. Key question: whether lower oil prices eventually reduce diesel and transport costs. If they do, the rally could broaden; if not, inflation and restrictive Fed policy could remain a constraint. Source: naiive
French soccer champion Kylian Mbappé has told CNBC he was ready for “change” after ending an almost 20-year association with Nike and entering a deal with Swiss sportswear brand On.
Remember what happened when he left PSG ? Time to come back on Nike stock ??? The stock down -77% over the last 5 years...
HYPE, the native cryptocurrency of the Hyperliquid layer-1 blockchain and decentralized trading platform, set a fresh all-time high above $90 on Friday as the protocol rolled out manual borrowing.
HYPE surged as high as $90.92 shortly after Hyperliquid announced users can now supply HYPE and Bitcoin as collateral to borrow the stablecoins USDC and Tether’s USDt (USDT). “Manual borrows are live on Hyperliquid,” the protocol said, adding that the feature and its portfolio-margin system use the same underlying HyperCore infrastructure. Hyperliquid co-founder Jeff Yan said the design means every borrowed asset comes from a supplier rather than being created through platform-level margin accounting. Source: cointelegraph
$GLND Greenland Energy is Up +164% pre-market on Trump's Security Agreement News
Greenland Energy shares surged 164.17% to $3.17 following reports of Trump's 🇺🇸 security agreement between the US and Greenland. Source: Q-Tech News
Banks are in the red $GS $MS $JPM
Source: Trend Spider
The Fed is hiking again. What's next for stocks?
The first US rate increase in three years lands on a market with accelerating earnings, reasonable tech multiples and abundant financing, but also an energy shock with no visible end date. This cycle does not look like 2022. It can still go wrong.
Nvidia CEO Jensen Huang’s position as the leader of the world’s most valuable company and the chipmaker at the heart of the AI boom has earned him U.S. President Donald Trump’s favor.
Huang is pushing for faster U.S. AI development and says safety concerns are a matter for “good old-fashioned engineering,” putting him at odds with other industry leaders calling for a slowdown and greater oversight. Trump is increasingly mirroring Huang’s policy stances on AI topics, telling Huang that “the robots are not going to be taking over the world.” Source: CNBC
