IBAFIN

US retail investors are on a buying spree, with record levels of trading activity observed in two major technology stocks – Oracle and Broadcom. According to UBS’s US retail market making clients, there were $44 million worth of inflows into equity ETFs and single stocks on Thursday, outweighing broader outflows across all single stock sectors.…

As the world’s largest data center builder, FRMI has been making waves in the industry with its cutting-edge facilities and innovative designs. However, recent news has raised concerns about the company’s future prospects. After announcing the departure of its first tenant, FRMI’s stock price has taken a significant hit, plummeting almost 50% in a matter…

As we near the end of the first phase of artificial intelligence (AI) adoption in markets, a significant shift is underway. The era of high correlation between AI-related assets and the broader market is coming to an end, and discernment about the true beneficiaries of AI value creation is set to become more pronounced. According…

Gold has been on a steady rise since breaking above its flag from early December, with the asset’s trend line and both the 21 and 50 day moving averages remaining intact. This development raises the possibility of a squeeze, potentially shaking out weak hands that have been present in the market over the past two…

As the Bank of Japan (BoJ) prepares to meet on December 18-19, markets are bracing themselves for a second consecutive 0.25% rate hike. This move would not only be significant in terms of magnitude – the largest annual increase in 35 years – but also as a signal that the BoJ is committed to an…

As the US Treasury prepares to auction off 30-year bonds next week, market participants are eagerly awaiting the outcome. In recent months, 30-year auctions have faced challenges, with tailing by an average of 0.9bp. However, with the Federal Open Market Committee (FOMC) event risk behind us and 5s30s yields steeper by 6bp in the aftermath,…

Goldman Sachs has lowered its price target for Oracle Corporation (ORCL) from $240 to $220, according to a recent report. The investment bank cites several reasons for the downgrade, including slower-than-expected growth in the company’s cloud infrastructure business and increased competition in the enterprise software market. Despite the lower price target, Goldman Sachs remains bullish…

As I scrolled through my Twitter feed one morning, I stumbled upon a tweet that caught my attention. Russell, a well-known figure in the tech industry, had announced that he was leaving the field behind. His decision came as a surprise to many, given his long history in the industry and his reputation as a…