China’s Huawei Technologies is preparing to test its newest and most powerful artificial intelligence (AI) processor
it hopes to replace some higher-end products of US chip giant Nvidia, the Wall Street Journal has reported. Huawei has approached some Chinese tech companies about testing the technical feasibility of the new chip, called the Ascend 910D, the United States newspaper reported Sunday, citing people familiar with the matter. This was part of our "10 surprises 2025": SURPRISE #6 FROM MAG7 TO LAG7 https://lnkd.in/eKXRsc58
Are big Tech's earnings estimates too high ???
Source: Bloomberg
Correlations among US stocks, bonds, dollar are at the highest level since at least 2019 - Piper Sandler
Source: Gunjan Banerji @GunjanJS
S&P 500 Index Size of Intraday Swings Since 1985
Source: Michael McDonough @M_McDonough, Bloomberg
A classic...
Source: Barchart
BREAKING: U.S. Banks are currently facing $482 Billion in unrealized losses, an increase of 33% from the prior quarter.
Source: Barchart, BofA
BofA:
Analysts may be trimming not slashing: 2025 bottom-up consensus EPS of $266 has been cut by ~1.5%, near the long-term average, in April and still implies 10% YoY growth. Source: Mike Zaccardi, CFA, CMT, MBA
🔴 A HUGE WEEK AHEAD FOR EARNINGS
👉 Monday: $WM $DPZ 👉Tuesday: $KO $V $SBUX $SNAP $SOFI $SPOT $PFE $UPS $MO $GM $HON 👉Wednesday: $MSFT $META $HOOD $QCOM $CAT $ETSY 👉 Thursday: $AAPL $AMZN $LLY $MA $ABNB $MSTR $RBLX $MRNA $RDDT $XYZ 👉 Friday: $XOM $CVX (Source for the Earnings Calendar - @EarningsHubHQ) thru Evan on X
