NVDA earnings beat still underwhelms investors; Omani, Iranian, and US officials speak well of nuclear talks, set to continue next week; Initial claims tick higher, continued claims drop; Trump-Xi summit preparations reportedly behind schedule; US 7yr note auction shows improvement from 2- and 5yr auctions; Credit concerns renew amid bank exposure to UK Lender MFS collapse.

“This is a war of global business models.”

...on track for one of the biggest days of retail buying of single stocks in months

Overall, this was a solid, if hardly, stellar auction, with average foreign demand and mediocre metrics, which in itself is rather surprising since the money from the equity selling has to be going somewhere and bonds should be seeing more demand, if only in theory. 

"Bottom line: There were significant cancellations in select airports..." 

Not winning...

"Tons of questions on the overnight fade from up 4% to down 5% -  did feel like a fair bit of investor awareness that it has been nearly ~2yrs since a “wow” top of t+1 reaction at Nvidia

...everything you wanted to know about the current market situation, but were afraid to ask...

"It will be an enormous pain in the ass to disentangle, and we are going to make sure they pay a price for forcing our hand like this..."

"PayPal isn't currently in talks to sell itself — to Stripe or anyone..." 

Investment flows suggest the market isn’t comfortable with the notion that inflation is yesterday’s problem...

US success would entrench Trumpism and demolish planned global alternatives; yet failure would do nothing to return ‘rules-based order’ or a benign free-trade backdrop for under-armed and over-dependent ‘middle powers’. 

There’s a contradiction at the heart of markets, as flows anticipate higher inflation yet the stocks rallying the most on AI are also those that face the greatest risk from rising prices...

The last time this technical indicator triggered six times in a month was preceding the Pandemic crash of 2020...

“Aside from fireworks, champagne and dancing robots, we are not quite sure what more Nvidia could have done on the 4Q call to get the market re-excited”

The case for independence was built on a world that no longer exists. That is not an argument against it. It is an argument for reexamining it...

"Continue to point to GSCBGLLI Index...... Want a small cap i have been keeping an eye..." 

 

"spike in private defaults could ripple across public markets, widening spreads and impairing liquidity."