Macro Strategy Insights

More Trouble on The Compute Spend Front

Nasdaq futures are lower, even as the oil market continues to pull back on what looks like a pause in U.S. attacks. Please see yesterday’s Around the World if you missed it. In the weekend’s T-Report: The Upcoming AI Spend Slowdown, we highlighted three headlines that could have/should have/would have lifted the market/those particular stocks in the recent past but failed to do so. I think the NVDA headline yesterday can be lumped in that category. A big headline regarding chip sales that wound up seeing the stock down 5%. While SKHY isn’t in the same category, it is worth ... More Trouble on The Compute Spend Front

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