Davide Marcotti @Dafne17: "Good morning legends ☀️ Weed out..."

United Arab Emirates

Good morning legends ☀️ Weed out the noise. Here's your selection of the real key market movers of the last 24 hours 🌍 Macro 🟢 Trump called off planned Iran strikes citing diplomatic progress, sending oil $OIL down 4.6% to $84 as geopolitical risk premiums unwound. 🟢 The Fed held rates at 3.5-3.75% last week for the fifth straight meeting, but three officials dissented in an unusual split that signals growing internal debate over the next move. 🟢 Treasury yields dropped 6 basis points as easing Middle East tensions and lower oil prices reset the inflation trajectory for the rest of 2026. 🔴 Asian markets ignored Wall Street's rally with South Korea's Kospi whipsawing between +2.1% and -2.8% as doubts about the AI trade resurfaced overnight. 🟢 Japan and the US jointly intervened to support the yen after volatility, marking a rare coordinated currency move between the two central banks. 🟢 Foreign institutional investors bought Indian equities for the sixth straight session as emerging markets benefit from the risk-on pivot. 📈 Crypto 🟢 Bitcoin $BTC rallied back above $64,000 on Monday, up 2.2% as geopolitical risk faded and macro liquidity conditions improved. 🔴 Michael Saylor's Strategy sold 1,638 BTC at an average price of $63,957 between July 27 and August 2 to fund preferred dividends and share buybacks. 🟢 Bitmine Immersion now holds 5.79 million Ethereum tokens worth $11.4 billion, representing 4.8% of total ETH supply as institutional accumulation accelerates. 🟠 Bitcoin holds a bullish weekly divergence near $65k according to analysts, but remains boxed between $60k support and $66-67k resistance with no breakout yet. 🟢 Crypto market cap climbed 1.35% to $2.21 trillion as altcoins tracked Bitcoin's bounce higher with minimal divergence in price action. 🟢 FHFA ordered Fannie Mae and Freddie Mac to prepare systems to count crypto as an asset for mortgage applications, a material step toward mainstream adoption. 🏦 TradFi 🟢🟢 Amazon $AMZN (Amazon.com Inc) surged 4.6% to cross $3 trillion in market cap for the first time, joining Apple and Microsoft in the exclusive club as cloud demand powers the rally. 🟢 The Nasdaq $NSDQ100 ripped 2.1% on Monday in a tech-led rally fueled by falling oil, easing geopolitical risk, and renewed AI optimism after a volatile July. ✅ in the portfolio 🟢 Meta $META (Meta Platforms Inc) jumped 6% as investors rotated back into Big Tech following strong fundamentals and the improved macro setup from lower rates and energy costs. 🔴🔴 SpaceX stock is down 52% since its June IPO ahead of today's first earnings report as a public company, with analysts watching Starship progress and launch revenue trajectory closely. 🟢 The Dow hit a fresh all-time high at 53,178, up 693 points, as breadth improved across industrials, financials, and consumer stocks beyond just mega-cap tech. 🟢 Bristol Myers Squibb surged 4% in premarket on reports of advanced talks to create a $400 billion pharmaceutical merger with AstraZeneca, though no deal is confirmed yet. 🤖 AI & Tech 🟢🟢 Palantir posted staggering 149% growth in US commercial sales to $764 million in Q2, validating the enterprise AI thesis and signaling broad corporate adoption is real. 🟢 Nvidia NVDA is set to report earnings on August 26 with consensus expecting $91 billion in quarterly revenue, a 95% year-over-year increase that would crush prior records. ✅ in the portfolio 🟢 Coreweave stock rocketed 18% on Monday as the GPU cloud rental company rides surging demand from AI firms desperate for compute capacity ahead of its August 11 earnings. 🟠 Asian chip stocks whipsawed overnight with SK Hynix and Samsung falling sharply despite Wall Street's AI rally, exposing lingering doubts about demand sustainability. 🟢 IMAX hit an all-time high after generating over $50 million in global ticket sales for the third straight weekend, showing consumer entertainment spending remains resilient. 🟢 Hyperscalers are on track to spend over $600 billion in AI infrastructure capex in 2026, with Microsoft, Amazon, Google, and Meta all increasing buildout pace. The liquidity backdrop just improved — lower oil, stable rates, and geopolitical risk coming off means the setup for risk assets is stronger than it was 48 hours ago. @Tori , anything else I have missed? Stay sharp - follow if you want the key market movers in your feed every morning 🙏

Not investment advice. The author may have financial interests in the mentioned instruments.