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 […]
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 […]
Hey Superheroes, The AI infrastructure capital cycle hit a new gear this week. Anthropic filed for IPO. Google announced its largest equity raise ever. And the wider story of who is paying for the AI buildout, and how much it costs, got significantly more concrete. Back home, the macro conditions are less rosy. Australian GDP […]
Hey Superheroes, Australia’s inflation picture got a little clearer this week — and the news was, for once, mostly good. Australian CPI eased to 4.2% in the 12 months to April 2026, down from 4.6% in March and below what markets were expecting. Transport and housing costs led the moderation, and money markets quickly repriced: […]
Hey Superheroes, Two trillion-dollar stories landed this week — Nvidia’s record quarter and SpaceX’s long-awaited IPO prospectus — and the beat of the AI infrastructure boom keeps going. Back home, though, the story changed. Australia’s unemployment rate jumped to 4.5% in April, the highest since November 2021, with the economy losing 18,600 jobs against expectations […]
Hey Superheroes, In fair Australia where we lay our scene… this week two heavyweights of the ASX traded places. BHP hit an all-time high and reclaimed its crown as Australia’s biggest listed company. Commonwealth Bank had its biggest single-day fall on record, crashing more than 10% in a session and wiping roughly $25 billion off […]
Hey Superheroes, After weeks of pain, the ASX finally caught a break. The ASX 200 broke its 11-session losing streak this week, clawing back ground after a 6% decline in April.The bounce was driven by a thaw in Middle East hostilities and a softer-than-expected tone from the RBA on the path ahead — even after […]
Hey Superheroes, Earnings season is testing nerves on both sides of the Pacific. In the U.S., the Federal Reserve held rates steady at 3.5–3.75% on Wednesday in what was likely Jerome Powell’s final meeting as Chair. The decision split the committee 8–4, the biggest dissent since 1992, as policymakers struggled with inflation that’s been above […]
Hey Superheroes, Wall Street just hit a new all-time high. The S&P 500 rose 0.26% on Thursday to close at 7,041.28, eclipsing its previous record set back in January. The Nasdaq joined the party a day earlier, closing at a record 24,016 and notching an 11-session winning streak, its longest since November 2021. The rally […]
Hey Superheroes, Markets flipped fast this week. A last-minute ceasefire between the U.S. and Iran wiped out weeks of tension in a single move. Oil prices plunged. Risk assets rallied. Sentiment turned almost overnight. U.S. crude oil closed down 16.4%, its largest single-day decline since 2020. Back home, the ASX 200 advanced 2.7% on Wednesday […]