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IMF’s Georgieva calls AI a slow-moving tsunami (again) for jobs as graduates feel the first hit
<p dir="ltr">Georgieva’s framing of AI as both a demand and an investment shock lines up with this week’s hawkish Fed commentary, which also pointed to AI-driven capital spending as a source of persistent inflation pressure, strengthening the case that the AI boom keeps rates higher for longer. Her estimate that AI investment could add half a point to a full point to growth in advanced Asian econo
Why Harmony Biosciences Stock Got Mashed on Monday
Investors weren't cheered by a major change in the company's leadership.
Why Super Micro (SMCI) Stock Is Nosediving
Shares of server solutions provider Super Micro (NASDAQ:SMCI) fell 5.5% in the afternoon session after reports indicated that a former contractor admitted to conspiring with a company co-founder to illegally export restricted artificial intelligence technology to China. According to Tipranks, contractor Ting-Wei Sun pleaded guilty Thursday in Manhattan federal court to four counts, including consp
Muse Wonder Puts Meta's Aggressive AI Push in Focus
Meta Platforms released a new artificial intelligence model called Muse Wonder, which the company claims is a big leap over its predecessors. Riley Griffin has more on "The Asia Trade."
Will Meta’s Muse AI Platform Push Change Meta Platforms' (META) Core Investment Narrative?
In late September and early October 2026, Meta Platforms launched its Muse Enterprise Platform and frontier Muse Wonder AI models, while reshaping its regional leadership and partnerships to push AI-driven services across consumers and businesses worldwide. The rapid adoption and retention of Muse, combined with Meta’s expanding enterprise and Southeast Asian AI agenda, signals a bid to turn its A
S&P 500, Nasdaq 100 End Lower On Chipmaker Weakness, While Salesforce Gains Aid Dow — META, MSFT, BMBL, CRM, SNAP In Focus
Wall Street’s biggest banks, including JPMorgan, Morgan Stanley, and Wells Fargo, will report earnings this week.
Latest analysis
View all →The front end is telling you the cut is coming
The 2s10s has been steepening for three months while the 2-year grinds lower. That divergence usually resolves with the front end leading. My read: the market is pricing an easing cycle that the dot plot hasn't fully acknowledged yet. I'm watching two things: (1) the trajectory of core services ex-housing, and (2) the tone of regional Fed speakers. If both soften into the next meeting, the risk is a faster repricing than consensus expects. This is a framework, not a signal — size positions to survive being early.
Memory upcycle: mid-innings, not late
Bears argue the DRAM cycle is topping. I disagree. Bit demand from AI training clusters is structurally different from the PC/mobile cycles of the past. Inventory days at the top three suppliers are still below the five-year average. That said, valuation already embeds a lot. I'd rather add on pullbacks than chase strength here. Watch capex discipline — the moment someone breaks ranks and floods capacity, the thesis changes.
Bitcoin: strong hands, thin float — but mind the leverage
Exchange balances keep bleeding lower and long-term holder supply is near records. That's a constructive backdrop. The risk isn't spot demand — it's derivatives. Funding has crept up and open interest is elevated. My base case is grind-higher with sharp, leverage-driven flushes along the way. Neutral-to-constructive, but I respect the downside air pockets.
Dollar smile: which side are we on?
The DXY softness on cooler jobs data fits the 'benign disinflation' side of the dollar smile — risk-on, dollar-down. The regime I'd worry about is the other tail: a growth scare that sends the dollar bid for safety. For now, neutral. I fade extremes in either direction and let the data adjudicate.