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 🟢🟢 Treasury Secretary Bessent confirmed a potential US-Iran deal to reopen the Strait of Hormuz could land within 48 hours, triggering record highs across equities as the energy supply crisis eases. 🟢 WTI $OIL crashed 5.7% to settle at $75.77 as geopolitical risk premium unwound on the Iran talks, directly lifting energy-sensitive sectors. 🟢 The S&P 500 $SPX500 broke above 7,700 for the first time on optimism over the Hormuz reopening and robust corporate earnings, adding 1.8% in a single session. 🟢 Asian markets surged in sync with Wall Street's record close, with Japan's Nikkei up 3.3% and South Korea's Kospi rallying over 4% on risk-on flows. 🔴 India's RBI holds rates steady today as expected, but markets are watching for any shift in inflation guidance amid Brent crude sliding below $80. 🟢 Philadelphia Fed President Paulson reaffirmed the current 3.5%-3.75% rate range is sufficient to bring inflation to 2%, signaling the Fed sees no urgency to hike despite Middle East tensions. 📈 Crypto 🟢 Bitcoin $BTC reclaimed the $63,000 level as risk appetite returned, but struggled to hold momentum despite the de-escalation narrative gaining traction. 🟠 Crypto hacks hit a staggering $1 billion in H1 2026 according to Blockaid, with North Korea-linked groups targeting Ethereum and Solana projects — a reminder that infrastructure risk remains real. 🟢 Ethereum $ETH bounced to $1,858 as the broader market capitalization ticked higher, though it remains well off its August 2025 all-time high of $4,953. 🟢 Sui $SUI continued to attract attention as capital rotates into alternative Layer-1s, with investors hunting for the next high-beta crypto play outside the Bitcoin-Ethereum duopoly. 🔴 Institutional crypto demand remains tepid with Bitcoin spot ETF flows volatile and no clear catalyst to break the $68,000 resistance that has capped prices for weeks. 🟢 XRP held near $1.08 as Ripple's RLUSD lending integration through Flare and Morpho positions the token as DeFi collateral, a genuine use case that could unlock its $70 billion market cap. 🏦 TradFi 🟢🟢 Palantir surged 29% after crushing expectations, showcasing that enterprise AI adoption is real and accelerating beyond hyperscaler capex. 🟢 SpaceX posted Q2 revenue of $7.8 billion, up 92% year-over-year, with its AI segment revenue exploding 247% to $2.56 billion — proof that private space is now an AI infrastructure play. 🟢 Caterpillar rallied over 5% to a new intraday record as industrial names benefited from falling oil prices and optimism around renewed global growth momentum. 🟢 Goldman Sachs climbed more than 2% as financials advanced on the back of risk-on flows and record equity closes, with the sector up nearly 1% on the session. 🟢 Nasdaq jumped 2.6% as tech led the charge, with the index closing at 26,584 — Big Tech's AI spending narrative remains the dominant driver of liquidity. 🟢 Foreign institutional investors bought Rs 2,446 crore of Indian equities on August 4, reflecting sustained appetite for emerging market exposure as global risk premium compresses. 🤖 AI & Tech 🟢 Nvidia NVDA reclaimed $210 and trades firmly above technical resistance ahead of its August 26 earnings, where analysts expect $91 billion in Q2 revenue — up 95% year-over-year. 🟠 Nvidia faces scrutiny over a potential $250 billion financing deal tied to AI infrastructure, raising questions about the sustainability of its customer credit exposure even as demand remains red-hot. 🟢 Hyperscalers are projected to spend $600 billion in 2026 capex, the vast majority earmarked for AI infrastructure — the liquidity backdrop for Nvidia and the entire AI supply chain has never been stronger. 🟢 Nvidia's Q1 FY2027 data center revenue surged 92% year-over-year to $75.2 billion, now representing 92% of total revenue and confirming AI capex is accelerating, not peaking. 🟢 Analyst consensus on Nvidia sits at 43 out of 47 strong buy ratings with an average 12-month price target of $304, implying 47% upside from current levels — the setup is hyper bullish. 🟢 Jensen Huang emphasized that agentic AI has arrived and is generating real enterprise value at scale, a narrative shift that validates the multi-trillion dollar AI buildout thesis through the end of the decade. The Iran de-escalation is the liquidity unlock the market was waiting for — oil down, equities at records, and Big Tech AI spend still ramping with zero signs of a slowdown. @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.