WS #10615
Bitcoin below $60k, SPY under pressure, VIX near 20, broad risk-off sentiment driven by strong dollar and tight monetary policy expectations. US State Department expresses concern over Chinese coast guard vessels harassing commercial ships east of Taiwan, calling China's actions 'deeply destabilizing'. Broadcom unveils Jalapeno AI accelerator co-designed with OpenAI, aiming to lower token costs and improve performance per watt, a positive catalyst for AVGO. Google announces new app store billing rules with lower fees, partially decoupling billing from the app store, effective next week.
Risk-off macro environment
Bitcoin below $60k, SPY under pressure, VIX near 20, broad risk-off sentiment driven by strong dollar and tight monetary policy expectations.
US State Department expresses concern over Chinese coast guard vessels harassing commercial ships east of Taiwan, calling China's actions 'deeply destabilizing'.
Broadcom unveils Jalapeno AI accelerator co-designed with OpenAI, aiming to lower token costs and improve performance per watt, a positive catalyst for AVGO.
Google announces new app store billing rules with lower fees, partially decoupling billing from the app store, effective next week.