CRWV CoreWeave locked commitments from META Meta, Anthropic and Jane Street today. The AI infrastructure provider extended its April customer surge as cloud computing demand accelerated. NVDA Nvidia exposure remained central to the thesis.
Wall Street banks reported record Q1 profits exceeding $25B per FT. JPMorgan, Citi and Wells Fargo benefited from Iran war trading volatility. S&P warned that soaring bank exposure to trading firms created inherent fragility as markets financing reliance grew.
Britain, Italy and France absorbed sovereign debt selling. The three replaced Greece, Ireland, Portugal, Italy and Spain as Europe's bond market whipping boys. FT labeled them the new Bifs replacing the Piigs crisis moniker.
European stocks rose today as UK GDP jumped and Iran peace talks remained in focus. CNBC reported Asian markets traded mixed amid extended Iran deadline hopes. Oil demand plummeted 3.4% in March marking the biggest drop since pandemic according to IEA.
ROKU Roku surpassed 100M global streaming households today. The platform expansion came as content consumption patterns shifted. NIO NIO grabbed attention Thursday on Chinese EV news flow.
Asian markets showed resilience with hopes for Hormuz reopening. Treasury yields held steady after March jobs data Friday. Silver market faced squeeze potential amid sixth straight year of deficit according to World Silver Survey.
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