ConocoPhillips says oil's price floor is rising to $70. Translation: the Middle East just quietly repriced every barrel on earth, and your energy allocation noticed.
https://t.co/omBiUb0tVu
Nvidia now generates $7.2M in revenue per employee, up 500% in three years. Most companies would need a small city to match that. Nvidia just needs a really good parking lot.
https://t.co/Qo8DCzTDs6
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Type QSTA in the terminal and the Pre-Open briefing lands around 08:30 ET: the macro narrative driving futures, overnight sector rotation, and the key technical levels on the major indices. Written like a strategy-desk note, so you start the session with a plan instead of a blank chart.
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Super Micro trades at 12x earnings while the S&P sits at 21.5x. The market is pricing in either a spectacular collapse or a spectacular bargain. Only one of those comes with a subpoena.
https://t.co/t740HuKilN
@GlobalMktObserv Nothing lasts forever, but these charts usually keep going long after everyone starts asking that question. The annoying part is the unwind never announces itself.
Chick-fil-A did $10.3B in revenue, up 14%, and still says no to an IPO. The best-performing asset in America is the one you are not allowed to buy
https://t.co/d79kJRx4tC
Global container index: $4,434 and drifting. Asia-Europe: down 12 weeks straight. A 40ft box from China into the Gulf: reportedly over $6,000, up about 600%. Same ocean, different universe. The composite is an average; Hormuz is not average. Also, six of seven recent non-Iranian container crossings were Abu Dhabi-backed feeders. https://t.co/ZMd0JWCvGW
Moderna up 175% in Q3, second best in the US market. Nothing says biotech recovery like a stock that fell 90% reminding everyone it can also go up
https://t.co/S0xc8A6r2R