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 told CNBC a deal to reopen the Strait of Hormuz could land today or tomorrow, sending WTI $OIL crashing 5.7% to $75.77 as geopolitical risk evaporated. 🟢 Gold jumped 1.4% to $4,152 per ounce on the back of falling oil and a softer dollar — hard assets continue to decouple from energy. 🔴 ADP private payrolls missed consensus in the latest read, adding fresh uncertainty to Friday's nonfarm payrolls and keeping Fed cut expectations volatile. 🔴 Fed Chair Warsh told the ECB Forum that prices are too high and offered zero signal on the July meeting, reinforcing the higher-for-longer setup. 🟢 Australian equities hit a fresh record high with the ASX 200 up 0.7% to 9,291, driven by miners rallying 2.2% on US-Iran peace hopes. 🟢 Treasury yields climbed back above 4.7% on the 10-year as markets recalibrate rate cut odds ahead of this week's jobs data. 📈 Crypto 🟢 Bitcoin $BTC held steady near $64,000 despite global risk-on sentiment, staying just below the key $64,300 breakout level as Hormuz talks dominate. 🟢 Sui $SUI ecosystem saw wallet infrastructure advances as Cloudflare opened handle claims for AI agents, signaling growing on-chain utility for programmable wallets. ✅ in the portfolio 🟢 Institutional crypto flows remain resilient with crypto-backed PACs directing hundreds of thousands into pro-crypto congressional candidates in Michigan and Washington primaries. 🟠 Crypto dumped alongside tech in recent weeks on AI bubble fears, but stabilized after risk assets bounced — the correlation to Nasdaq remains uncomfortably tight. 🟢 Stablecoin payment rails are expanding as Cloudflare rolls out x402 payments and programmable spending controls, building the infrastructure for autonomous agent economies. 🟢 Despite 69% of surveyed Russians seeing no practical crypto use, a new Russian law creates licensed trading and custody starting September — regulatory creep continues. 🏦 TradFi 🔴🔴 SpaceX cratered 14% despite crushing earnings as $101 billion of shares became eligible for trading, flooding supply and wiping out gains from the strong print. 🟢🟢 Nvidia $NVDA (NVIDIA Corporation) surged over 3% after Elon Musk announced SpaceX would exclusively use Nvidia processors for all future AI computing infrastructure builds. ✅ in the portfolio 🟢 The Dow notched its fifth straight positive session and a fresh all-time high at 54,349, up 0.49%, driven by strength in Nvidia and resilient earnings. 🔴 AMD slid despite beating analyst estimates, continuing the bizarre pattern of chipmakers selling off on strong results as investors demand perfection in the AI trade. 🟢 Disney and Eli Lilly both beat expectations and lifted sentiment, broadening the rally beyond mega-cap tech and validating the case for multiple expansion. 🟢 The S&P 500 $SPX500 topped 7,700 earlier in the session before pulling back 0.17% to 7,723 as profit-taking hit tech after a $3.7 trillion four-day rally. ✅ in the portfolio 🤖 AI & Tech 🟢🟢 Elon Musk's declaration that SpaceX will only use Nvidia chips is a massive endorsement of the AI infrastructure thesis and validates the hyperscaler capex trajectory. 🟢 Palantir posted what CEO Alex Karp called "otherworldly" Q2 results driven by AI sovereignty demand, notching its best day in over two years and proving enterprise AI adoption is real. 🔴 The semiconductor index fell 1.4% despite Nvidia's strength, showing fatigue in the chip trade as investors rotate and question whether the AI rally has run too far too fast. 🟢 Amazon Web Services revenue surged 37% year-over-year in its fastest growth in 18 quarters, with management raising 2026 capex guidance to $220 billion for AI infrastructure. 🔴 Apple shares slipped after management projected lower-than-expected revenue growth and cited supply constraints and rising component costs from AI-related supply-demand imbalances. 🟢 Big Tech is collectively projected to deploy $325 billion in capex this year with the lion's share going to AI infrastructure — that's the liquidity fueling this entire rally. The geopolitical thaw is shifting the liquidity narrative from energy scarcity back to AI capex dominance. @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.