WS #9001
No material new developments in the last 30 minutes. The dominant narrative remains unchanged: rotation out of semiconductors into value is being challenged by Quantinuum's strong IPO and Mizuho's price target hike on Broadcom. Fed speakers continue to downplay AI-driven inflation, and geopolitical tensions remain stable. No counter-signals or de-escalation events detected.
Key developments
- Quantinuum shares jump 13% in Nasdaq debut, valuation tops $17.6B
- Rumble signs multi-year AI compute deal with Together AI using NVIDIA Blackwell GPUs
- Bitcoin down 13% this week, longest ETF outflow streak on record
- BofA raises Broadcom price target to $530, maintains Buy
- Fed's Schmid and Daly: AI not inflationary, rates on hold; Schmid warns on fiscal debt
- Iran says 'no tangible progress' in talks with US; oil prices dip
- Senate Republicans block Democratic attempt to kill Trump's $1.8B anti-weaponization fund
- Dark pool alert: $108M IWM buy and $200M VCLT buy