Wrap Asia

NBIS surges 35%+ on AI demand, $20B backlog, but faces customer concentration & execution risks.

US household debt hits $18.8T, with credit card balances up 5.5%. Delinquencies rise across all income levels.

Oil prices surge past $100 on Iran conflict fears. Metals to rise in 2026. Complacency risks remain.

P&G & CL: Habitual buys build decades of growth. Morgan Stanley picks CL, citing market share gains.

Akamai surges 28% on $1.8B AI deal with Anthropic. Revenue forecast meets estimates, component costs rise.

Intel's stock jumps on Apple chip deal news. Potential for strong returns, but watch execution risks.

Arm's AI chip demand exceeds $2B, but supply chain limits growth. Forecasts $15B CPU revenue by 2031.