The neocloud comeback is on
The neocloud comeback is on after Elon Musk called compute demand “ridiculous” on the $SPCX earnings call: • $CRWV +7% • $NBIS +6% • $HUT +5% • $WULF +4% • $CIFR +4% Source: Shay Boloor @StockSavvyShay
France’s long-term borrowing costs have hit 5%
This benchmark was last reached in 2002. Investors grow increasingly concerned about the stability of the country’s politics and the state of its public finances. Meanwhile, Deutsche CEO Sewing sounds the alarm on #France: Its fiscal & political instability is a “wake up call” for Europe. The bond mkt is flashing red: France’s 10y spread over Germany has surged to 156bps, highest since 2011. Not a debt crisis yet, Sewing says. Source. HolgerZ, FT
President Trump wants AI data center developers to pay local communities a “dividend” and bring their own power as local opposition has reportedly stalled over $170B in projects.
That could actually favor $GOOGL, $AMZN, $MSFT, $SPCX and $META because paying residents and building on-site power may be far cheaper than delaying billions in AI infrastructure for another year. Source: Shay Boloor @StockSavvyShay on X
The largest merger in history could unite Tesla and SpaceX.
According to the Financial Times, both companies have formed special committees to explore a combination potentially worth more than $3 trillion. No terms agreed. No deal guaranteed. The ambition? Bring AI, robotics, chips, satellite connectivity and space infrastructure under one roof. Meanwhile, SpaceX’s latest results reveal how rapidly its business is changing: → Quarterly revenue: $14.6bn, up 161%. → Net profit: $4.4bn. → AI computing revenue: $7.6bn, up ninefold. → Starlink revenue: $5.2bn. AI computing now generates more than half of group revenue. But the spending is equally extraordinary. SpaceX expects $35–40bn of capital expenditure next quarter alone, as Musk targets a massive expansion in computing capacity. The question for shareholders: would combining these businesses unlock greater value—or make an already complex investment story even harder to assess? Source: FT
China's soaring semiconductors exports and imports: all price, as volumes collapse
Source: zerohedge Goldman Sachs Haver Analytics
Market performance since the first serious MSCI warning for a downgrade
Indonesia -46% Turkey -21% Source: Emre Akcakmak
No developed economy is printing as much as Canada is
Canada doubles its monetary base roughly every 8 years. Will other developed nations play catch-up soon? Source: Lukas Ekwueme
The 25 best performing Russell 1,000 stocks in the first half of 2026 fell an average of 19.1% last week alone!
The BEST performer of the group was Iridium $IRDM, which fell 7.8%. Source: Bespoke @bespokeinvest
