Hey Superheroes, The big news dropped on Wednesday this week with the AI trade and AU Inflation in the spotlight. In the US, Nvidia posted the biggest quarter any chipmaker has ever seen. Revenue was US$96.2 billion, up 106%* year-on-year, and the company told the market that fiscal 2028 growth of around 70% is now […]
Hey Superheroes, Wall Street had a rough finish to the week. The S&P 500 dropped 0.87% to 7,641.16 on Thursday 20 August, the Nasdaq fell 1% to 26,067.17 and the Dow shed 703.84 points to 52,759.21, leaving the S&P 500 down 1.9% for the week so far. The trigger was a Treasury bond rally that […]
Hey Superheroes, Two inflation prints gave markets exactly what they wanted. U.S. CPI for July eased to 3.4% year on year, down from a high of 4.2% back in May, with producer prices flat on the month. The S&P 500 closed at a fresh record above 7,798 and money market odds of a September Fed […]
Hola Superheroes, Records everywhere and yet markets can’t quite relax. The ASX 200 closed at a fresh record on Wednesday 5 August at 9,227.8 points. Thursday’s session extended the run of record highs, with the index climbing to 9,286 in early trade before closing near Wednesday’s level. Gold held above $4,100 an ounce through the […]
Hey Superheroes, What a week. South Korea’s Kospi triggered circuit breakers on consecutive days. Brent crude pushed back above $89. The Fed held rates again but not without a fight. By Thursday, Wall Street had staged one of its sharpest single-day recoveries of the year and Asia followed suit on Friday. A lot to unpack. […]
Hey Superheroes, Two of the Magnificent Seven just beat revenue expectations but still sold off. Alphabet closed down 7.1% and Tesla down 14.5% on Thursday 23 July, wiping out roughly $300 billion and $200 billion in market value respectively. The culprit in both cases: AI infrastructure spending that is now growing faster than near-term earnings. […]
Hey Superheroes, The inflation number the market had been waiting for landed better than expected on the back of a temporary ceasefire in Iran. US headline CPI fell 0.4% in June, its largest one-month drop since April 2020. Year on year, the annual rate declined to 3.5% from 4.2% in May, the first pullback in […]
Hey Superheroes, The U.S.-Iran ceasefire is over, or at least that’s what President Trump said this week. At the NATO summit in Ankara on 8 July, Trump declared the interim agreement dead and said further talks were a waste of time, after the U.S. and Iran traded fresh strikes. U.S. Central Command launched new attacks […]
Hey Superheroes, What a quarter. The quarter just closed as the best quarter for U.S. equities since COVID. The S&P 500 gained 14.9% and the Nasdaq surged 21.4%, powered by semiconductor and AI-linked earnings rebound. The Dow closed above 52,000 for the first time on June 29, finishing at 52,182.74, helped by Alphabet’s debut in […]
Apple’s approach to AI appears to be shifting from development to rollout. At WWDC 2026 on 8 June, the company introduced Siri AI, a rebuilt version of its digital assistant powered by Google’s Gemini. New features include more natural conversations, awareness of on-screen content and a dedicated app designed to support ongoing interactions. The rollout […]
Hey Superheroes, It’s been a week of turbulent swings and sharp recoveries. On Monday, semiconductor stocks led a brutal two-day Nasdaq selloff — then Micron dropped its earnings, and everything changed. Micron Technology reported Q3 FY2026 results on June 24, leading to an immediate positive market reaction, reversing sharp losses from June 23 when semiconductor […]
Hey Superheroes, It’s been a week of historic firsts. On Tuesday, the United States and Iran signed an interim peace agreement, formally ending the three-month conflict. In response: Brent crude dropped below US$95, the IAEA is ready to begin diluting Iran’s enriched uranium stockpile, and the Strait of Hormuz is opening back up. Markets responded […]