There is an AI trade in Europe and it's still cheap.
Mag 7 earnings: Meta misses, Microsoft Beats (and falls), and Google wins.
Fed will cut rates, but is flying blind without government data.
The AI story that has been a key driver of the rally will face a big test this week, when five Mag 7 names report earnings.
US: Moderate inflation helps pave way for upcoming rate cuts.
The White House denied the stake speculation.
Trump administration in talks to take equity stakes in Quantum-Computing firms.
Another AI compute deal in the tens of billions range, this time between Anthropic and Google.
"Under the hood, a sector rotation is underway as investors switch to more defensive parts of the market. "
US Stock Futures rise as China trade tensions cool.
Gold, Silver, climbed to record highs, while bond yields fell.
"When you see one cockroach, there are probably more,” says JPMorgan's CEO.
