🚨 🚨 With the 10-year yield close to a key psychological level of 4.5%, there is concern that another move higher could lead to a downturn in the stock market
🚨 🚨 UBS analysts continue to highlight gold and oil as strategic hedges against the prevailing macroeconomic and geopolitical environment, forecasting notable price increases for both commodities in the coming years
🧠 🧠 Nvidia – We Are Buying On Dips: Despite beating revenue expectations with $35.08B, NVIDIA’s stock fell post-market, leaving investors wondering whether NVIDIA has lost its magic
🇮🇳 🇮🇳 Gautam Adani was indicted in New York federal court with other defendants in connection to an alleged multibillion-dollar fraud and bribery scheme
“The health of the market being driven by results of individual companies in itself points to a certain element of fragility,” said Subitha Subramaniam, chief economist at Sarasin & Partners. “Is it sufficient that they beat, is it sufficient that they beat by a big margin? We are hanging on every statement of the CEO”
Investors in Asia will be looking to gauge the effect of a US indictment of Gautam Adani, one of India’s richest people, and other executives over the alleged payment of more than $250 million in bribes
Bitcoin set another all-time high. The world’s largest cryptocurrency is fast approaching $100,000, helped along by MicroStrategy Inc.’s massive purchases
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