Welcome back. In this issue, we take a deep dive into the most disruptive event of H2 so far: Meta&39;s entry into the cloud business to sell off its excess AI compute resources. But more importantly, we zoom out to examine the trillion-dollar question this pi...
The Dow hit a new record close of 52,900.07 (+1.14%) as Apple surged 4.84% and defensives rallied on a weak June payrolls report (57K vs. 113K est.), cooling July rate-hike fears. Semis fell for a second day on AI oversupply concerns. For the week, the Dow gai...
Ahead of the final US trading session of the week, the three major index futures spiked concurrently on the back of early nonfarm payrolls data. Following today's closing bell, US markets will enter a long holiday weekend to celebrate the nation's 250th Semiqu...
Following an epic run in Q2 and the first half, the market hit its first speed bump of H2: Meta is reportedly entering the cloud business to sell off its excess AI compute resources. The market panicked. Curiously, the sharpest drops were not among the Big Thr...
Ben Snider, Senior US Equity Strategist at Goldman Sachs Research, rejected concerns over an artificial intelligence (AI) bubble in a recent interview, stating he remains focused on three major themes within the AI trade. Three Major Anxieties 1. Hyperscalers...
Q3 opened with a sharp hardware-to-software rotation as the Philadelphia Semiconductor Index tumbled 6.27% and SMH fell 5.4%. The S&P 500 slipped 0.22% and NASDAQ dropped 0.66%, while software (IGV +3.02%) and blue chips attracted rotation capital. Fed Cha...
China A-Shares Shanghai Composite: +0.44% (4,112.45) | Shenzhen Component: -0.53% | ChiNext: -1.89% STAR 50: -2.48% due to heavy profit-taking in extended AI compute and semiconductor names. Turnover: Expanded to RMB 3.66T across Shanghai, Shenzhen, and Beijin...
On Tuesday, Bernstein hiked its price target for SanDisk by nearly 80%, from $1,700 to $3,000, bringing it close to Wall Street's street-high target of $3,250, while maintaining an "Outperform" rating on the stock. Based on Tuesday's closing price, this new ta...
S&P 500 closed Q2 at +14.87% (best quarter since 2020) and the Dow set a new closing record on June 30. SanDisk surged 10.89% and the Philly Semi Index gained 3.92%. Emerging markets posted their best quarter since 2009. Fed rate swaps now price 36% odds o...
Heading into the final trading session of the first half of 2026, market participants remain anxious over the murky prospects of a US-Iran diplomatic resolution. As conflicting statements muddy the waters regarding whether the Doha talks will actually occur, t...
Behind the relentless rally in US equities lies a cluster of structural anxieties: stretched valuations, fears of an artificial intelligence bubble, and an emerging technical divergence. A rare signal has just flashed, with analytical models suggesting a 67% p...
U.S. stocks staged a strong intraday reversal Monday, with all three major indices closing higher and the Dow Jones setting a new closing record. GOOGL (newly added to the Dow) gained 4.79%, Amazon +3.2% on AWS GPU price hike news, and the Philly Semiconductor...
US equity futures edged higher premarket on Monday following reports that the US and Iran have "agreed to halt mutual attacks" and plan to resume talks on Tuesday. The technology sector, which pulled back significantly last week, led the premarket advance. As...
Global markets are locked in a fierce debate between veterans and newcomers, tech bulls and traditionalists. The global economy is strictly K-shaped: The Upper Arm: The "silicon-based industry" represented by semiconductors, electronics, and communications, wh...
Mainland China: A-shares registered a powerful rebound across tech growth sectors, driven by memory, semiconductors, and AI hardware. The Shanghai Composite ticked up 0.23% to 4,120.28, while the ChiNext surged 2.84% to 4,371.99. Total turnover expanded to RMB...
Despite weathering multiple headwinds during the first half of the year, US equities ultimately delivered an outstanding performance, logging several fresh milestone peaks. As the market crosses into the second half, the paramount question for investors is cle...
The three major US indices deliver a mixed performance last week, with the Dow Jones Industrial Average advancing 0.60%, while the S&P 500 and the Nasdaq fell 1.95% and 4.60%, respectively. First-half trading for 2026 will draw to a close this week. Year-t...
U.S. equities fell Friday as storage stocks led a sharp selloff, with the Philadelphia Semiconductor Index plunging 5.3%. Healthcare surged as a defensive rotation play, with Moderna +12.6% and Eli Lilly +7.1%. Kashkari revised his outlook to expect one rate h...
US equity futures rolled over on Friday. Technology shares faced renewed selling pressure and semiconductors led the decline as broader market anxieties intensified over mounting AI infrastructure costs. Major European benchmarks broadly moved lower. Apple sha...
As the market teetered, Micron’s powerhouse earnings functioned as a vital shot of adrenaline that lifted global markets, establishing an importance on par with Nvidia’s historical inflections. Despite exceptionally high market expectations, the un...
Welcome back. In this issue, we take a deep dive into the most disruptive event of H2 so far: Meta&39;s entry into the cloud business to sell off its excess AI compute resources. But more importantly, we zoom out to examine the trillion-dollar question this pi...
Ahead of the final US trading session of the week, the three major index futures spiked concurrently on the back of early nonfarm payrolls data. Following today's closing bell, US markets will enter a long holiday weekend to celebrate the nation's 250th Semiqu...
Ben Snider, Senior US Equity Strategist at Goldman Sachs Research, rejected concerns over an artificial intelligence (AI) bubble in a recent interview, stating he remains focused on three major themes within the AI trade. Three Major Anxieties 1. Hyperscalers...
China A-Shares Shanghai Composite: +0.44% (4,112.45) | Shenzhen Component: -0.53% | ChiNext: -1.89% STAR 50: -2.48% due to heavy profit-taking in extended AI compute and semiconductor names. Turnover: Expanded to RMB 3.66T across Shanghai, Shenzhen, and Beijin...
S&P 500 closed Q2 at +14.87% (best quarter since 2020) and the Dow set a new closing record on June 30. SanDisk surged 10.89% and the Philly Semi Index gained 3.92%. Emerging markets posted their best quarter since 2009. Fed rate swaps now price 36% odds o...
Behind the relentless rally in US equities lies a cluster of structural anxieties: stretched valuations, fears of an artificial intelligence bubble, and an emerging technical divergence. A rare signal has just flashed, with analytical models suggesting a 67% p...
US equity futures edged higher premarket on Monday following reports that the US and Iran have "agreed to halt mutual attacks" and plan to resume talks on Tuesday. The technology sector, which pulled back significantly last week, led the premarket advance. As...
Mainland China: A-shares registered a powerful rebound across tech growth sectors, driven by memory, semiconductors, and AI hardware. The Shanghai Composite ticked up 0.23% to 4,120.28, while the ChiNext surged 2.84% to 4,371.99. Total turnover expanded to RMB...
The three major US indices deliver a mixed performance last week, with the Dow Jones Industrial Average advancing 0.60%, while the S&P 500 and the Nasdaq fell 1.95% and 4.60%, respectively. First-half trading for 2026 will draw to a close this week. Year-t...
US equity futures rolled over on Friday. Technology shares faced renewed selling pressure and semiconductors led the decline as broader market anxieties intensified over mounting AI infrastructure costs. Major European benchmarks broadly moved lower. Apple sha...
The Dow hit a new record close of 52,900.07 (+1.14%) as Apple surged 4.84% and defensives rallied on a weak June payrolls report (57K vs. 113K est.), cooling July rate-hike fears. Semis fell for a second day on AI oversupply concerns. For the week, the Dow gai...
Following an epic run in Q2 and the first half, the market hit its first speed bump of H2: Meta is reportedly entering the cloud business to sell off its excess AI compute resources. The market panicked. Curiously, the sharpest drops were not among the Big Thr...
Q3 opened with a sharp hardware-to-software rotation as the Philadelphia Semiconductor Index tumbled 6.27% and SMH fell 5.4%. The S&P 500 slipped 0.22% and NASDAQ dropped 0.66%, while software (IGV +3.02%) and blue chips attracted rotation capital. Fed Cha...
On Tuesday, Bernstein hiked its price target for SanDisk by nearly 80%, from $1,700 to $3,000, bringing it close to Wall Street's street-high target of $3,250, while maintaining an "Outperform" rating on the stock. Based on Tuesday's closing price, this new ta...
Heading into the final trading session of the first half of 2026, market participants remain anxious over the murky prospects of a US-Iran diplomatic resolution. As conflicting statements muddy the waters regarding whether the Doha talks will actually occur, t...
U.S. stocks staged a strong intraday reversal Monday, with all three major indices closing higher and the Dow Jones setting a new closing record. GOOGL (newly added to the Dow) gained 4.79%, Amazon +3.2% on AWS GPU price hike news, and the Philly Semiconductor...
Global markets are locked in a fierce debate between veterans and newcomers, tech bulls and traditionalists. The global economy is strictly K-shaped: The Upper Arm: The "silicon-based industry" represented by semiconductors, electronics, and communications, wh...
Despite weathering multiple headwinds during the first half of the year, US equities ultimately delivered an outstanding performance, logging several fresh milestone peaks. As the market crosses into the second half, the paramount question for investors is cle...
U.S. equities fell Friday as storage stocks led a sharp selloff, with the Philadelphia Semiconductor Index plunging 5.3%. Healthcare surged as a defensive rotation play, with Moderna +12.6% and Eli Lilly +7.1%. Kashkari revised his outlook to expect one rate h...
As the market teetered, Micron’s powerhouse earnings functioned as a vital shot of adrenaline that lifted global markets, establishing an importance on par with Nvidia’s historical inflections. Despite exceptionally high market expectations, the un...
