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Nvidia is planning to sell at least $20bn of investment-grade debt in the US its first bond sale in more than five years in a test of investor appetite for further exposure to the AI sector.
Source: FT
E4 nations including the UK, France, Germany and Italy said on Sunday the countries were prepared to lift sanctions on Iran
in response to steps on its nuclear program after the US and Iran reached a deal to end their war. Source: Al Jazeera Breaking News @AJENews
SpaceX surged to $229.40 on Robinhood, pushing its market cap to over $3 trillion during overnight trading, surpassing both Amazon and Microsoft.
SpaceX is currently trading at $213.59 after hours, up +11% from its closing price. $SPCX is up +58.2% from its IPO price of $135. Source: Bull Theory
SOX is up roughly 18% since the June 9 low.
In just a few sessions, we have gone from the bottom of the range to the top, bouncing off the steep trend line despite briefly trading below the 21-day moving average. The moves have been absolutely brutal. For larger players, reshuffling big books in an environment like this is close to impossible. An 18% move in five sessions in the world's hottest theme is actually crazy when you stop and think about it. Chasing SOX after an 18% rally in five sessions feels a little late. Fading it feels dangerous. Source: TME
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