Saudi Arabia just slashed the price of its main Arab Light crude for August by $11 a barrelโits biggest cut in at least 26 years, according to Reuters.
Should I use the investment framework from @Invesquotes? ๐ค Really thinking about it. Has anyone else tried their approach? Curious to hear honest takes.
๐จ BIG NEWS
๐จ๐ณ China just got special access to the Strait of Hormuz.
Iran is giving them priority on the world's key oil route.
This pulls Iran closer to Beijing and heats up the U.S.-China trade war.
Markets are not going to like this.
Kicking off a $25 to $25,000 degen challenge today
I made a private TG channel to post all my trades
Comment below to get in (gotta be following me too)
Only open for 24 hours
$META up 10% after Bloomberg reported they're launching a cloud business to rent out extra AI computing power.
This puts Meta in competition with AWS, Microsoft Azure, and Google Cloud โ all spending huge on AI.
Meta just raised its 2026 spending estimate to $125-$145B, c
Exxon Mobil is now ExxonMobil Holdings Corp $XOM โ first name change since that big Mobil merger 25+ years back. "Holdings" makes it sound cleaner, right?
Big news: Meta ($META) is building a cloud infrastructure biz to sell AI computing power, going up against Amazon, Microsoft, and Google, according to Bloomberg. ๐
Stock jumped over +7% on the announcement.
NIKE ($NKE) dropped Q4 earnings ๐ฅ
โข Revenue: $10.97B (beat $10.86B est) โ
โข Net income: $1.07B vs $201M est ๐ข
โข EPS: $0.72
โข Gross margin: 49.2%
Revenue barely edged past expectations, but profits were the real story โ net income blew past estimates by over 5x o