Currently 120.13 near session lows as yen buyers re-appear
Offers: 120.20-25 120.40 120.60-65 120.85 121.00 121.30 121.50
Bids: 120.00 119.75-80 119.50 119.30 119.10 119.00 118.85 118.50
Offers: 120.20-25 120.40 120.60-65 120.85 121.00 121.30 121.50
Bids: 120.00 119.75-80 119.50 119.30 119.10 119.00 118.85 118.50
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RIVN & LCID stocks down 83-98%. AV market $41T by 2034. RIVN's software gains may offer upside.
Strait of Hormuz closure traps 10M bpd, risking recession. Recovery takes months, impacting global supply & growth.
Analysts warn the yuan faces earlier-than-usual seasonal weakness as Chinese firms hedge nearly $70bln in dividends, with June's $24.1bln peak a record. (pro tip - Much hedging is likely already done)
Oil prices surge on stalled Iran talks & Hormuz tensions. Traders eye $100+.
VRT surges 37.4% on strong growth, trading at 47.5x P/E. CARG up 7%, 10.8x EV/EBITDA. ZION lags peers, 1.2x P/B.
Burry bets on MSFT at 25x earnings, despite AI risks. Cloud growth at 39% signals potential.
Banks returned 12.2% in 6 mos, but SFNC, CVBF, CATY show muted growth & rising costs. Caution advised.
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