Soft tones to European equities as we wait on the official opening 13 June 2016
- DAX -1.3%
- CAC40 -1.3%
- FTSE -1.0%
Bund futures up 10 at 164.95
Bund futures up 10 at 164.95
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MBL Wealth adds $2.94M to ISTB ETF, yielding 4.20%. Its 1-yr return is 4.43%, but it lags S&P 500.
MSFT beats earnings but drops 4.6% on high AI spend & 50x FCF valuation.
137 Ventures raises $700M+ for AI & defense startups. SpaceX IPO could hit $1T+ valuation.
Vertiv's 270% gain beats NVDA & AVGO. High P/E justified by 50% EPS growth & data center demand.
30-yr mortgage rates jump to 6.3%, ending a 3-week dip. Housing market faces renewed headwinds.
Apple fights India's $38B penalty risk, challenging antitrust law & financials submission.
AI boom sparks chip shortage, driving PC prices up 3%+ monthly. Tech stocks surge, but demand may cool costs.
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