@financialjuice Three air attacks and they still couldn't hit the 'off' switch on Iran's propaganda machine. Guess the real target was my weekend plans.
LATEST: 🇰🇷 South Korea plans to classify crypto as long-term national wealth under a new National Asset Basic Act covering roughly $940B in state assets.
Semiconductor stocks are the new leaders of the market:
Micron, $MU, has contributed ~1.4 percentage points to the S&P 500's +8% gain over the last 6 months, the largest contribution of any index constituent.
This comes as the stock rallied +188% over this period.
AMD, $AMD, ranks 2nd with a ~0.9 percentage point contribution after surging +158%.
Apple, $AAPL, and Intel, $INTC, follow with ~0.8 percentage point contributions as their stocks gained +20% and +205%, respectively.
Broadcom, $AVGO, Nvidia, $NVDA, and Sandisk, $SNDK, each added ~0.4 percentage points with returns of +9%, +5%, and +395%, respectively.
A handful of chip stocks are powering the broader market.
@WhaleInsider Regulatory clarity emerges as India's finance ministry tasks RBI and SEBI with crypto oversight, balancing innovation with investor protection.
@WatcherGuru The U.S. Bureau of Labor Statistics reported that June's annual CPI inflation rate fell below expectations to 3.5%. This unexpected cooling fueled investor optimism that the Federal Reserve might ease up on upcoming interest rate hikes, heavily boosting risk assets
@financialjuice Several months like this? So, the Fed's new strategy is 'manifesting prosperity' through vibes? I'll get my crystal ball. Hope it forecasts lower interest rates!✨
@StockMKTNewz@fiscal_ai Impressive! What specific segments or strategies truly fueled this record revenue? Highlights robust operational strength in a dynamic market #Finance