Nitin Sharma

Buy side. Interested in Tech | Energy| Discretionary| Industrials. Views expressed are my own. Retweets are not endorsements

[RedboxGlobal India @REDBOXINDIA]

INDIGO IN FOCUS

DOMESTIC AIR TRAFFIC DROPS THE MOST IN ATLEAST THE LAST 5 YEARS

AIR TRAFFIC DOWN 6% ON YOY BASIS AND 16% ON QOQ BASIS IN Q2FY27

[Global Markets Investor @GlobalMktObserv]

🔴Oracle’s credit risk is exploding:

Oracle’s 5-year CDS spread has surged to a record ~230 bps, more than 4x the broader investment-grade index at ~55 bps.

The spread has more than QUADRUPLED over the last year and surpassed the Great Financial Crisis levels.

The recent surge comes as Oracle is trying to avoid financial commitments linked to Project Jupiter, a massive data-center project that is facing delays.

Around $18 billion of loans tied to the project are trading at ~90 cents on the dollar, signaling growing stress among investors.

The project is also facing local opposition and delays in government approvals, adding to the uncertainty.

Oracle’s credit risk is rising at an alarming pace.

[First Squawk @FirstSquawk]

SAUDI ARABIA INFORMS EUROPEAN OIL REFINERS THEY WILL NOT RECEIVE ANY CRUDE OIL NEXT MONTH.

[Michael Fritzell (Asian Century Stocks) @MikeFritzell]

Conclusion from Marc Faber’s latest missive: if and when AI capex spend slows down, the US will enter a recession. Rates will have to come down and TLT outperform. Can’t imagine the USD benefiting. What’s interesting is that the Japan bull market has been synchronised…

[RedboxGlobal India @REDBOXINDIA]

GAUTAM ADANI WEIGHS BID FOR UK’S TOP PORT OPERATOR - FT (ADANI PORT)

[Clash Report @clashreport]

Brent crude tops $100/barrel for the first time since May.

[KKGB @INArteCarloDoss]

Either Trump meets his Gallipoli in Iran or the IRGC collapses. But the path to either is not priced by any market rn.

[Pintu Pahadi @PintuPahadi]

मोहम्मद नाज़िम शेख मुंबई के गेटवे ऑफ इंडिया पर अनौपचारिक रूप से काम करने वाले एक लाइफगार्ड और गुमनाम नायक हैं। पेशे स�� एक साधारण पाव (ब्रेड) विक्रेता, नाज़िम पिछले कई वर्षों से समुद्र में डूबते हुए 300 से अधिक लोगों की निस्वार्थ भाव से जान बचा चुके है

संघर्ष कर रहे हैं

[CNBC-TV18 @CNBCTV18Live]

#FromBloomberg | #SaudiAramco Makes Biggest #Oil Price Cut In Decades As Market Weakens

[Hedgeye @Hedgeye]

China's Real Estate Market has erased all gains from the last 20 years

[Ed Zitron @edzitron]

Here's my full interview with CNBC, covering my bear case against generative AI, OpenAI's questionable finances, AI's lack of ROI, and how all of this is a symptom of the tech industry running out of hypergrowth ideas.

It's great to see the mainstream media discussing this.

[Christophe Barraud 🇫🇷 🇲🇨 @C_Barraud]

🇩🇪 German AI Rollout Offers €300 Billion Fix for Worker Shortage - Bloomberg
https://t.co/O0kQKYtzu0

[The Spectator Index @spectatorindex]

BREAKING: Volkswagen is aiming to 'cut 100,000 jobs in major overhaul', according to Reuters report.

[Nitin Sharma @nsharma_01]

@vinaynx And the worst thing is - There is no reasonable recourse

[The Hormuz Letter @HormuzLetter]

BREAKING: Iran has suspended its entire 60-day negotiation period with the US over the direct violation of the MOU's first clause, with Israeli attacks on southern Lebanon constituting a breach less than 24 hours after the MOU was electronically signed, per Fars and Al-Mayadeen.

Iran's negotiating delegation had already been preparing to depart for Switzerland to launch the first round of talks before Iran made the decision to suspend the entire trip.

Iran will also not unilaterally fulfill its commitments, and until Iran is fully assured Israeli attacks on Lebanon have stopped and the US has practically adhered to the first-clause obligations, talks remain cancelled.

[Andrew Yang🧢⬆️🇺🇸 @AndrewYang]

Intuit is laying off 3,000 workers - cites AI as a big reason why.

[RedboxGlobal India @REDBOXINDIA]

MAHARASHTRA GOVT SIGNS ₹4.5 LAKH CR NUCLEAR PACTS WITH ADANI, RELIANCE, NTPC

[NDTV Profit Alpha @NDTVProfitAlpha]

TCS Asks Managers To Put 5% Staff In Band D, Stoking Fears Of Fresh Layoffs: Report

https://t.co/rMQHnkDHuu

[RedboxGlobal India @REDBOXINDIA]

INDIA CRACKS DOWN ON AC COMPRESSOR IMPORTS

Govt caps compressor imports for FY26, triggering fears of AC & refrigerator

[RedboxGlobal India @REDBOXINDIA]

INDIA TIGHTENS SILVER IMPORT RULES TO SUPPORT RUPEE, CONSERVE FOREX RESERVES