Wrap Europe

US strikes Iran's Kharg Island oil hub; Brent crude nears $100. Supply fears surge.

Prices surge 10%+ on electronics, PCs, and food, outpacing inflation. Greedflation debated as firms boost margins.

Upstart's AI platform shows growth, but trades 93% below its peak. Cyclical risks loom.

Austin, Raleigh, Phoenix balance job growth & housing supply, easing millennial budget pressures.

TSM's 4.5% revenue dip in '23 contrasts with CoreWeave's $66.8B backlog. GOOGL shows steady 15-17% growth.

NVDA's GTC event historically boosts stock 5-7%. Will AI infrastructure focus drive returns this year?

PE funds saw huge returns (58-103%) then crashed 40-68%. Now secondary funds buy discounted debt.