"If Nvidia and ARM were to merge... we would have concerns.”

...a short squeeze against constrained supply, positioning for potential regulatory progress, and momentum buying from investors who had been waiting for the four-year cycle to play out...

The company faced a theoretical $1.4 trillion in penalties...

Kremlin spokesman Dmitry Peskov warned it was too early to determine whether the meeting could help pull ... 

Maybe you want to stay long, but don't stay naked.

 ...the balance of risks tilted toward a rally, citing crowded bearish positioning, improving inflation data, and overstated Fed Credibility concerns...

The second revision of US Q2 GDP data - yes, for the quarter ended June 30 or almost two months ago - came in at 1.5%, right on top of expectations, and unchanged from the previous estimate.

...energy costs down, portfolio management fees soaring...

...greater demand for open-source models is an issue for the margins of AI labs such as OpenAI and Anthropic, but it is not an issue for Nvidia, as Jevons’ paradox implies that total demand for compute will keep rising. 

“What’s really going to matter here is the guide. And it’s not the growth that’s the question, but the rates at which that growth is either accelerating or decelerating.”

Colombians must come first, second and third...

...The UK!?

If Canada opts to reduce or eliminate electricity exports to New England, the impact would be largely financial - at least under typical weather conditions, according to the region’s grid operator...

"It seems crude is now beginning to price in a sooner rather than later peace deal." 

Nikkei is stuck. Positioning isn't.

Former Ukrainian Defense Minister Mykhailo Fedorov emerges as high-profile, pro-democracy voice

Iran's Deputy Foreign Minister Gharibabadi details a temporary arrangement between Iran and Oman concerning the Strait of Hormuz while asserting that reopening of the waterway hinges on the realisation of Tehran's demands, according to Press TV.

The housing data keeps getting worse. The stocks have stopped caring.