...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..." 

Approximately $2.7 billion has been disbursed, 90 percent of which went to electric buses.

Not winning...

...if you are still wondering about gold’s future price direction, just ask the big banks…

"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...

US authorities have long suspected that Epstein was tipped off...

The government must provide them with notice and give them opportunity to challenge their new destination, a Massachusetts judge rules...

NVDA didn’t break out. That might be the story.

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

“I have no interest in selling...”

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

The structured desks have entered the chat. You know how this movie usually ends.

Reports that Thursday talks stall as US side demands zero enrichment...

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’. 

Secondaries, credit, and the illiquidity trade.

"After careful consideration, I have decided to step down..." 

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...