The CPI numbers were quickly brushed aside; the Fed has been clear that inflation is not a factor.
As the moves reversed, the euro was the first to catch an updraft. Stops above 1.3130 were tripped but stronger offers loom in the 1.3145/50 zone with others at 1.3170.
EUR/GBP took out a barrier at 0.8700.
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Treasury yields hit 4.56%, oil nears $104, impacting FLEX & ARLO. ARLO's 36.5% drop from 52-wk high offers potential.
GM's $12.75M data sale penalty reveals low revenue potential, shifting focus from data sales to product dev.
Commure's AI platform hits $7B valuation on $70M raise, automating 85%+ of healthcare admin tasks.
SMCI drops 5.8% on macro woes & high yields. High volatility, 48% off highs, but 5-yr returns are strong.
AI 11 stocks show frothy valuations; some like AMD trade at 50x earnings, posing risks.
Brazil's soy exports near April's record at 16.1M tons. Soymeal exports hit a record 2.78M tons.
StoneCo returns 27% yield via buybacks/dividends; credit NPLs rise, but new models aim to improve risk-adjusted returns.
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