Tag Archives | Challenger Gray & Christmas

MIB Daily: AVGO -12.6% Exposes AI Hardware’s Pricing Trap — Dow ATH Hides Labor Stagflation Heading Into Friday’s NFP

AVGO −12.6% after AI chip guidance ($16B Q3) missed by $1.2B; SOX −2.8%, MU −7.74%. UNH +5.7% on dual BofA/MS upgrades lifted Healthcare +3.06% to drive the Dow to an ATH at 51,562. Ceasefire news cut WTI $3 to $93. Jobless claims 225K (highest since February) confirmed labor softening; Challenger’s 97K May cuts — 40% AI-driven — are a record. IMF extended the US inflation timeline to end-2027 ahead of Warsh’s first FOMC; Friday NFP consensus: 85K.

Read full story · Comments are closed

MIB: Ceasefire Collapse, Productivity Miss, and FOMC Dissent Fracture the Bull Case

Iran accused US forces of ceasefire violations, reversing Wednesday’s record rally — WTI +2.71% to $97.66, S&P 500 –0.38%, 10-of-11 sectors red. Q1 nonfarm productivity hit +0.8% (biggest miss since 2023) with ULC at +2.3% and real wages turning negative. Hammack called the FOMC’s rate-cut signal “misleading,” formalizing the 4-dissenter bloc — hike optionality is live. Challenger April cuts +38% MoM with AI driving 26%, collapsing Friday’s NFP consensus to ~60K. Boeing CEO joins Trump’s China delegation; 600-aircraft deal speculation lifts BA.

Read full story · Comments are closed

  All charts are now zoomable by clicking on them. Once you click on them they will resize to the maximum size to fit onto your screen. The chart image qualities are refined to allow for minimal image quality degradation from resizing.