Sellers, me included remain poised as ever but we're ranging still.
Carney & Co up before the Treasury Select Committee at 10.00 GMT
Offers: 1.2450 1.2465 1.2480-85 1.2500 1.2520 1.2550
Bids: 1.2415-20 1.2400 1.2380 1.2345-50 1.2330 1.2300
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Micron's HBM is sold out for 2026, fueling its 'Nvidia moment' with potential valuation expansion.
Toast's 25% Q1 drop hits software, payments, restaurants. Trades at 6x ARR, potential 10x multiple.
Iran's Strait of Hormuz control risks higher oil prices ($110/bbl futures) & inflation. Global economies face strain.
Mortgage rates dip! 30-yr fixed at 6.22%, 15-yr at 5.72%. Refi rates also down. Good time to buy?
Apple (32x fwd earnings) & Amex (19x fwd earnings) offer steady returns. KO's dividend growth is key.
OECD sees 4.2% inflation vs. Fed's 2.7%, risking rate cuts & S&P 500 dips. Energy costs surge.
Jet fuel spikes 20%! Airlines warn of summer flight cuts & rising costs. Energy crisis looms.
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