Noura El Allam @nouraellm: "Portfolio Update | June 10,..."

Belgium

Portfolio Update | June 10, 2026 Rough day, and the macro backdrop explains it. The US and Iran exchanged military strikes after Trump said Tehran was "taking too long to negotiate." Oil surged, inflation data came in hot at 4.2% CPI for May, and the Nasdaq dropped 0.62% with the S&P 500 down 0.48%. That's the context for today's portfolio moves. $AVGO (Broadcom Inc) took the hardest hit at $373.06 (-4.87%), still the most volatile position in the book since the earnings reset. $NVDA (NVIDIA Corporation) at $201.24 (-3.34%) and $GOOG (Alphabet) at $353.13 (-2.53%) both caught the tech and geopolitical selloff. $SAP.DE (SAP SE) at €149.54 (-3.66%) is now well off last week's bounce. $NFLX (Netflix, Inc.) at $82.05 (+0.79%) and $CVS (CVS Health Corp) at $97.75 (+0.71%) are in the green, which makes sense. Small caps and defensives outperformed today as money rotated out of high-multiple tech. $CVS continues to be the portfolio anchor in this environment. $CEM.MI (Cementir Holding N.V) at €14.51 (+1.47%) quietly grinding higher again. No changes. The Iran situation is the new overhang to watch alongside rate cut expectations. Until there's resolution on either front, tech stays under pressure.

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