Tech stocks finally broke above their 200-day moving average for the first time since January 📈📈 Guess Anthropic didn't destroy them after all 😂 https://t.co/KI1vKNqVc1
AI is about to flip the global job market on its head:
Around 24% of jobs worldwide—about 838 million positions—could be impacted by generative AI.
High-income countries face the biggest risk at ~33% of jobs, with ~6% of roles being most at risk.
The positions most likely to be affected are repetitive, predictable ones that AI can handle without much human input.
In low-income countries, it's only ~11%—about one-third of the risk seen in wealthier nations.
Europe and Central Asia are the hardest hit at ~32% of jobs, followed by the Americas at ~30%, while Africa has the lowest at ~13%.
We're in the middle of the biggest workforce shakeup in modern times.
$AMBA’s outlook looks way stronger than the stock suggests. 🚨📊
Q1 revenue hit $100.4M, up 16.9% YoY, with non-GAAP EPS of $0.11. Solid beat.
But the real story goes beyond the quarter. Automotive revenue hit an all-time high as AI rolls into commercial vehicles. Every n
🚨 Breaking
🇮🇷 Iran says it just shot down a US plane near Bushehr, per state TV.
The US hasn't confirmed this yet.
If it's real, this is really bad news for the markets... https://t.co/dqrNCQCDis
Just in: April's PCE inflation, the one the Fed watches most, climbed to 3.8% — highest since May 2023.
Core PCE also went up to 3.3%, the highest since October 2023.
The Fed's go-to inflation number is now almost twice their goal.
Inflation is definitely picking up steam again.
MICRON $MU JUST MADE THE FASTEST JUMP FROM $500 BILLION TO $1 TRILLION IN HISTORY
It took just 48 trading days. No company has ever done it faster, per Bloomberg.
Here's how long it took everyone else:
Microsoft: ~5,000 trading days
Berkshire Hathaway: ~1,650 trading days
Apple: ~1,600 trading days
TSMC: ~1,050 trading days
Google: ~1,000 trading days
Meta: ~950 trading days
Eli Lilly: ~500 trading days
Amazon: ~450 trading days
Nvidia: ~400 trading days
Walmart: ~350 trading days
Broadcom: ~200 trading days
Tesla: ~150 trading days
Samsung: ~100 trading days
SK Hynix: ~75 trading days
Micron: 48 trading days
MARVELL $MRVL JUST REPORTED Q1 EARNINGS AND RAISED ITS REVENUE OUTLOOK ON EXCEPTIONAL AI BOOKINGS
- Revenue: $2.42B vs $2.40B est 🟢
- Adj EPS: $0.80 vs $0.79 est 🟢
- Gross Margin: 52.1%
Q2 guide:
- Revenue: $2.70B vs $2.60B est 🟢
- Gross Margin: 52.1%-53.1%
Management: "Seeing exceptional AI-related bookings, significantly raising revenue outlook for both fiscal 2027 and fiscal 2028."
This doesn't feel normal.
KOSPI just hit a new high at $8,455.
South Korea's main index is climbing mostly on AI and memory chips.
Meanwhile:
- The Strait of Hormuz is still shut
- Oil is at $92
- US-Iran tensions haven't cooled down
Nothing actually got better.
But everyone keeps piling into the same crowded trades.
We've seen this pattern before.
Markets ignore big risks and stick with what's working.
This kind of thing usually ends badly.
So, does this feel like a bubble to you?
The ECB is basically saying to markets:
You're way too relaxed.
Iran tensions aren't gone.
Energy risks aren't gone.
Valuation risks aren't gone.
Yet stocks are acting like everything's fine.
That gap between market hype and real-world risk? That's where sudden repricing h