1. US bond yields keep rising and are now approaching levels where stock investors could start feeling the stress from less accommodative monetary policies.

The US 10-year Treasury yield is hovering near 4.7% (left scale in blue), the highest since April after an almost relentless surge of more than one percentage point since mid-September.

The move echoes that of July-October 2023, which was accompanied by a 10% drop in global equities.

2. Apart from datacenters, Nvidia's exposure to other industries such as cars, games and high-end design represents an important future opportunity for a company that could soon be worth $4 trillion.

3. Donald Trump’s election has been problematic for the healthcare sector (ETF XLV).

Even Johnson & Johnson shares, the ultimate quality stock, hit their lowest level since November 2020.

"Healthcare is a sector that has not been a good place to be, but there's tremendous innovation going on there," Essex Investment Management's Nancy Prial says. "It is one of the biggest beneficiaries of AI, and we think it's a place that is poised for outperformance this year."

4. Then again, not all healthcare stocks are created equal.

Shares of vaccine makers including Moderna, Novavax and CureVac rose sharply after U.S. health officials confirmed the first American death caused by the H5N1 bird flu.

5. Quantum stocks tumbled after Nvidia CEO Jensen Huang said that “very useful” quantum computers are likely decades away.

The market reaction was swift and severe.

Industry leaders saw their valuations collapse, with Quantum Computing Inc., D-Wave Quantum Inc., and Rigetti Computing Inc. all experiencing drops exceeding 30%.

This market correction highlights the growing tension between technological optimism and practical reality in emerging technologies.

While quantum computing promises revolutionary advances in fields ranging from cryptography to drug discovery, Huang’s comments underscore the significant technical challenges that remain before these possibilities can be realized.

6. Nobody is talking about Ebay anymore.

As a matter of fact, Ebay rose 9.86% on wednesday after Meta announced it will test listings from the e-commerce platform on Facebook Marketplace in the US, Germany, and France.

7. Forces like regulation, passive investing and AI have all caused banks to slash equity research.

Who needs active managers when you just had to buy the index?

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