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News

S&P 500 Hits Dot-Com-Level Money Valuation
COMMENTARY

S&P 500 Hits Dot-Com-Level Money Valuation

The S&P 500, when measured relative to M2 money supply, has now returned to the same extreme level seen at the peak of the Dot Com Bubble. This places U.S. large-cap equities and the broader U.S.

SPXSPYIVV+2

13 hours ago

·1 min read
Fed Talk Metrics, Market Impact Minimal
COMMENTARY

Fed Talk Metrics, Market Impact Minimal

Federal Reserve communication remains a key input to rate expectations, but no new regulation or binding policy has emerged from recent speeches.

July 25, 2026

·1 min read
Desert oil pipeline infrastructure after major $16bn joint venture deal in energy sector
NEWS

Kuwait seals $16bn pipeline JV deal

Kuwait restructures oil infrastructure ownership, securing sizable upfront cash while keeping operational control.

BXKKR

July 25, 2026

·2 min read
Cattle in a holding pen at a border inspection facility as USDA phases in Mexican cattle imports
NEWS

USDA to Phase In Mexican Cattle Imports

US regulators will resume cattle crossings from Mexico at southern ports in late Aug. 2026 if screwworm controls met; inspections required.

July 25, 2026

·3 min read
Open-Weight Push Sparks AI Stock Rotation
COMMENTARY

Open-Weight Push Sparks AI Stock Rotation

Nvidia CEO Jensen Huang used his first-ever X post to champion open-weight, open-model AI, arguing that broad model access strengthens safety, cybersecurity, innovation, and sovereignty.

NBISNVDA

July 25, 2026

·2 min read
Rocket on launch pad at commercial space facility as SPACEX stock slides after record IPO
NEWS

SpaceX stock slides after record IPO

SpaceX retreats after early pop as markets price little for its AI arm, leaving upside dependent on AI progress.

MSSPCX

July 25, 2026

·3 min read
Options Whipsaw Apple’s $5 Trillion Valuation
COMMENTARY

Options Whipsaw Apple’s $5 Trillion Valuation

Apple Inc. (AAPL), a roughly $5 trillion mega-cap, is currently trading with unusually sharp, multi-percent intraday swings driven by options activity rather than fresh fundamental news.

AAPLMSFTNVDA+2

July 24, 2026

·1 min read
Market brief calendar for July 24
MARKET BRIEF

Market Brief — July 24, 2026

Brent topped $100 and the US 10-year yield rose above 4.7%, lifting Fed hike odds and producing mixed US stocks while European indices rallied on commodity strength.

DJIAFRA40UKX+25

July 24, 2026

·6 min read
Nasdaq-100 ETF Tests Dense Support Zone
COMMENTARY

Nasdaq-100 ETF Tests Dense Support Zone

Invesco QQQ Trust (QQQ) is retracing into a dense technical confluence zone around 685-675, with a lower support band near 650.

QQQNDXTQQQ+2

July 24, 2026

·2 min read
Yen Carry Shift Puts Japan Brokers In Focus
COMMENTARY

Yen Carry Shift Puts Japan Brokers In Focus

The existing yen-funded carry regime is now in transition, with capital beginning to move away from foreign, higher-yielding exposures toward Japanese markets.

USDJPYNMR8601.T+2

July 24, 2026

·2 min read