Hormuz transits collapse to six vessels against a pre-war 140 — crude posts a fifth straight gain and equities slip into tomorrow’s CPI. The EIA picks the same day to raise its 2026 diesel forecast 8.5% and sees crude stocks below the five-year low all year. Private payrolls decelerate for a sixth week; the front end barely blinked. Alphabet -3.84% as 300 French publishers file over AI Overviews. Intel prices an upsized $20B raise at $95 on $100B of demand.
Tag Archives | ADP
MIB Daily: Crude’s 5th Gain and EIA’s 8.5% Diesel Hike Mean CPI Won’t Be Reassurance — Payrolls Decelerate a 6th Week as Chip-Equipment (KLA +4.01%) Outruns AI Platforms (GOOGL -3.84%)
Read full story · Comments are closed
MIB Daily: Dow’s Record Close Hid an AI Reckoning — NVIDIA +3.43% Outguns Alphabet’s Retreat as Soft ADP Data Puts Friday’s Payrolls on Recession Watch
The Dow closed at a record 54,349 — and almost nothing else did. Private payrolls added just 44,000, ISM services employment fell into contraction, and September hike odds slid to 57% even as Kashkari and Cook publicly pushed for tightening. Alphabet dropped 4.03% after losing its chief scientist and DeepMind CEO in one day. Gold surged 3.71% to $4,306. Tower REITs fell 6% each as SpaceX aimed Starlink at the carriers. AI infrastructure sold off on no news; NVIDIA rose 3.43%.
Read full story · Comments are closed
MIB Daily: IBM’s Worst Day Since 1987 Confirms the AI-to-Cybersecurity Rotation — CPI Cools to 3.5%, But Wednesday’s PPI Decides If the Fed Agrees
June CPI cooled sharply to 3.5% y/y, crushing July Fed hike odds to 17% from 42%, as Chair Warsh’s first House testimony struck a hawkish note. Markets rallied broadly (S&P +0.39%, Nasdaq +1.10%) despite IBM’s historic 25% crash, its worst day since 1987, as enterprise clients pivot spend toward AI hardware — hammering software (Oracle -2.7%) while cybersecurity soared (CrowdStrike +12%). Goldman Sachs surged 9.16% on record trading. Oil jumped over 2% as Trump narrowed the Hormuz blockade to Iran-linked shipping.
Read full story · Comments are closed
MIB: Record S&P 500, AMD +18.6%, and a Hawkish Fed Pivot — Three Conflicting Signals on the Same Day
Markets hit all-time highs as Iran peace deal optimism crashed WTI -6% and AMD surged +18.6% on blowout Q1 earnings — Data Center +57%, Q2 guide $11.2B vs. $10.5B consensus; S&P +1.46%, Nasdaq 100 +2.09%. NVIDIA reclaimed $5T market cap on a $3.2B Corning optical deal. ADP April +109K sets up Friday’s binary NFP (range: 55K–165K). Fed’s Musalem and Goolsbee both turned hawkish, flagging rate hike scenarios even as oil crashed — April CPI May 12 is now pivotal.
Read full story · Comments are closed