📅 Economic Releases
| Time (ET) | Event | Impact |
|---|---|---|
| 8:30 AM | Core PCE Price Index m/m | High |
| 8:30 AM | Prelim GDP q/q | High |
| 10:00 AM | JOLTS Job Openings | High |
📊 Earnings Today
| Symbol | Time | Price | EPS Est |
|---|---|---|---|
| — | $8.96 | — | |
| — | $3.00 | — | |
| Before Open | $44.31 | 1.87 | |
| Before Open | $2.27 | 0.23 | |
| Before Open | $50.66 | 1.44 | |
| — | $10.20 | 0.32 | |
| — | $13.09 | 48.90 | |
| Before Open | $2.78 | -0.18 | |
| Before Open | $4.15 | 0.05 | |
| — | $19.02 | — |
🚀 Stocks in Play
| Symbol | Price | Chg % | Mkt Cap |
|---|---|---|---|
| $183.14 | -1.54% | $4.45T | |
| $10.33 | +5.09% | $4.65B | |
| $10.55 | -4.44% | $6.97B | |
| $11.37 | -8.16% | $6.08B | |
| $8.14 | +3.04% | $45.44B | |
| $2.21 | -0.90% | $3.08B | |
| $45.25 | -5.69% | $226.03B | |
| $23.84 | -7.88% | $5.43B | |
| $13.97 | -3.59% | $67.83B | |
| $17.70 | -4.48% | $22.57B |
🎯 Gamma Flip Point — $SPX (S&P 500 Index)
$SPX gamma flip point is 6755 |
🔥 Hot Market News
| Adobe CEO Shantanu Narayen will leave after company picks successor Adobe announced that CEO Shantanu Narayen will step down once a successor is appointed, although he will continue as chair of the board. Under his leadership, Adobe transitioned successfully to a subscription model and began embracing generative AI, despite setbacks like the failed Figma acquisition.
|
| Tesla converts xAI investment into SpaceX stake ahead of IPO Tesla has exchanged its investment in xAI for a stake in SpaceX, potentially positioning itself strategically ahead of the SpaceX IPO.
|
| Deutsche Bank flags a US$30 bil exposure to private credit Deutsche Bank AG reported a €26 billion exposure to private credit amid challenges like fund redemptions and AI's impact on borrowers. The bank's annual report highlights potential indirect risks through interconnected portfolios and plans to expand its private credit offerings despite current market concerns.
|
| Meta delays rollout of new AI model after performance concerns Meta has delayed the release of its new AI model, Avocado, due to its underperformance compared to rival models from Google, OpenAI, and Anthropic. The model, although an improvement over Meta's previous efforts, did not meet expectations, leading Meta to consider temporarily licensing Google's Gemini and reevaluating its AI strategy.
|
| China's ByteDance Gets Access to Top Nvidia AI Chips, WSJ Reports The Wall Street Journal reports that ByteDance, the parent company of TikTok, has secured access to Nvidia's leading AI chips, potentially enhancing its AI capabilities amidst ongoing technology tensions between China and the United States.
|
|
|
|
|
💱 Forex News
| Strait of Hormuz crisis: US waiver puts 19 million barrels of Russian oil back on market A temporary waiver by the United States has allowed buyers to import Russian oil already in transit, reintroducing 19 million barrels into the market, primarily affecting Asian waters. This move comes amid disruptions in the Strait of Hormuz due to geopolitical tensions, highlighting the importance of Russian oil in maintaining global energy stability.
|
| JPY drops to weakest since July 2024 – ING The Japanese Yen has depreciated to its lowest level since July 2024, with analysts from ING suggesting that persistent monetary policies and global economic conditions are contributing to its weakened state.
|
| Markets' hopes for Fed interest rate cuts are rapidly fading away Rising energy prices and inflation concerns are diminishing expectations for Federal Reserve interest rate cuts, with traders no longer anticipating cuts as early as September and now seeing only one cut in December. Factors such as U.S.-Israel conflicts, surging oil prices, and a hawkish approach towards inflation control are contributing to this shift in market sentiment.
|
|
|
🪙 Crypto News
| Bitcoin above $71,000, ETH, SOL, ADA zoom higher as cryptos shrug off stock weakness Bitcoin is trading near $71,000, showing resilience despite volatility in global equity markets. The broader crypto market, with major tokens like Ether and Solana posting gains, appears stable, reflecting potential institutional interest in Bitcoin-native financial infrastructure.
|
| Crypto Whale Loses Nearly $50 Million Swapping USDT for Aave A high-profile cryptocurrency investor lost almost $50 million in a large-scale trade, exchanging Tether (USDT) for Aave tokens, highlighting the risks and volatility present in the crypto market even for experienced players.
|
| Quantum Computers Could Expose 35% of Bitcoin as Bullish Report Warns of Threat A report by Ark Invest and Unchained highlights the potential long-term risk quantum computing poses to Bitcoin, arguing that future advancements could enable attacks on Bitcoin's cryptography. Although current quantum computers are insufficient to pose an immediate threat, the study suggests Bitcoin may eventually need to upgrade to post-quantum cryptography to ensure security, with roughly 35% of Bitcoin potentially exposed to these emerging risks.
|
|
🛠️ Free Market Tools
|
| ||
|
| ||
|
|