August brought some welcome relief for investors. US stocks hit fresh record highs around the middle of the month, Nvidia's earnings gave the AI trade a lift, and bitcoin clambered above $80,000 for the first time since May.
Bond investors had a rougher ride, though: a sharp
What you need to know about markets today 👇
1️⃣ OpenAI is reportedly raising at least $30 billion at a $1.4 trillion valuation after delaying its IPO. Revenue is booming, but keeping that valuation climbing will depend on whether its heaviest AI users are willing to pay
Stocks Look Expensive. The Earnings Story Says It’s Complicated.
Valuations have been hogging the spotlight lately. And, on the face of it, stocks look expensive.
The cyclically adjusted price-to-earnings (CAPE) ratio – which is used to judge how overvalued or undervalued
Oil, refining and gas may have been the first winners of the energy crisis. They may not be the next. 👀⚡
The trade is shifting from scarcity → substitution → adaptation 🔄
That could open up opportunities in:
⛏️ coal
⚛️ nuclear
🔌 grids
🔋 storage
Here’s where the next
What you need to know about markets today 👇
1️⃣ AI may need to generate $6 trillion in annual revenue by 2031 to justify its data center spending spree, according to Bain. Existing services might deliver less than a third of that – raising the stakes for AI to find lucrative new
