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HOT OFF THE PRESS🔥
💰Nasdaq Hits Records, Apple Slips
Welcome, we are {{active_subscriber_count}} Money Masters and counting!
The Nasdaq climbed to a record high Tuesday even as Apple stumbled on its iPhone 17 launch, showing how the broader tech rally carried the index to fresh territory. Oracle exploded after hours with bold AI-driven cloud guidance, while oil gained on geopolitical tensions and job data revisions stirred debate about the Fed’s policy path. With CPI and PPI reports due this week, investors face a market full of optimism, caution, and potential volatility.
Let’s go.
Nasdaq asserting its dominance.
BIG IDEA 1💡
Markets, Labor, Trade
Market at a Crossroads
Fresh Record – The Nasdaq closed at 21,879, its highest ever, while the S&P 500 and Dow also notched gains, reflecting resilience across the broader market.
Apple Weakness – Apple shares dropped 1.5% after unveiling the iPhone 17 lineup, with pricing changes failing to impress investors looking for breakthrough innovation.
Mixed Moves – Broadcom slid 2.6% on Apple’s in-house chip decision, while Atlassian soared 5.6% as its pivot to cloud signaled stronger growth prospects.
Tariffs and Trade Battles
Legal Uncertainty – An appeals court ruling against Trump-era tariffs raised questions over refunds and potential long-term impacts on trade strategy.
Market View – Wolfe Research said equity markets are likely to absorb tariff impacts, treating potential refunds as a one-time adjustment rather than a structural hit.
Auto Angle – Morgan Stanley reported auto executives believe Chinese EVs will eventually penetrate the U.S. market despite tariffs, setting up stronger competition ahead.
Labor and Policy Signals
Sharp Revision – U.S. job growth for the year through March was cut by 911,000, suggesting the labor market slowdown started earlier than official data implied.
Fed Expectations – Despite labor softness, futures still price a 90% chance of a September cut, underlining investor confidence in near-term easing.
Cycle Potential – The ISM new orders index bounced back into expansion, hinting the economy could be entering an early-cycle acceleration phase.
Us when the job growth is slowing.
BIG IDEA 2💡
Global Movers
Crypto and Capital Flows
Bitcoin Recovery – Bitcoin hovered near $113K as traders positioned for Fed rate cuts, helping the crypto market stabilize after early-September weakness.
Stablecoin Competition – Circle slid as Hyperliquid announced plans to launch USDH, converting $5.4B of USDC and intensifying the stablecoin battle.
Capital Rotation – UBS expects €1.2T to rotate from U.S. to European equities over five years, signaling a structural rebalancing of global investment flows.
Oil and Geopolitics
Geopolitical Shock – Brent rose to $66.56 as Israeli strikes in Qatar sparked fears of a broader Middle East conflict feeding into supply risks.
Supply Dynamics – OPEC+ is pressing ahead with unwinding voluntary cuts, slowly adding barrels back into the market through year-end.
Bearish Forecast – Capital Economics projects Brent sliding to $60 by late 2025 and into the $50s by 2026 as added supply collides with slowing demand growth.
Tech and AI Moves
Oracle Momentum – Oracle surged after hours as management projected massive long-term cloud growth, offsetting a slight Q1 revenue miss.
Pipeline Surge – Performance obligations jumped 359% to $455B, fueled by multi-billion-dollar AI contracts from major cloud providers.
Europe’s Bet – ASML invested €1.3B in Mistral AI, strengthening Europe’s presence in frontier AI development alongside global chip leaders.
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The “secret” to Oracle’s success.
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Quick Money – This week’s CPI and PPI reports could drive sharp swings in $SPY ( ▲ 0.83% ) and $QQQ ( ▲ 0.58% ) as traders reset bets on a September rate cut.
Tech Focus – Oracle’s cloud momentum makes $ORCL ( ▼ 6.24% ) a watchlist add, while trimming $AAPL ( ▲ 1.43% ) until iPhone demand proves itself can help balance risk.
Energy Hedge – Rising geopolitical tensions and steady OPEC+ supply make $XOM ( ▼ 0.32% ) or $CVX ( ▲ 0.29% ) a useful hedge for portfolios this month.
Crypto Entry – Bitcoin near $113K offers a tactical long-term add, with stablecoin competition highlighting the importance of diversified crypto exposure.
Europe Edge – $ASML ( ▲ 1.39% )’s Mistral AI stake and UBS’s €1.2T rotation forecast make European equities and tech leaders worth accumulating.
Commodity Play – With oil supported near $66 and forecasts pointing to long-term softness, short-cycle energy trades offer near-term upside while gold stays a defensive anchor.
Bonus Resource: We keep a short list of the smartest newsletters we read every week — each one offers unique strategies and insights we can vouch for.
Click here to see the list.
FINANCIAL LITERACY CORNER📚
Learn About Money (Literally)
INFLATION REPORT💸
Today’s Inflation Rate: 2.41% (Slightly down)
You are now closer to money mastery!🎉
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