Ainvest Pulse

Hedge Funds Embrace AI Enthusiasm While Michael Burry Goes Full Bear

📈Last night, the Dow Jones increased by 0.15%, Nasdaq rose by 0.12%, and S&P 500 went up by 0.03%. The 10-year U.S. 📊Treasury bond yield closed at 4.109%. The VIX dropped by 0.69%, Brent crude oil closed down by 1.2%, and spot gold decreased by 0.13%. 🔍 CPI (Consumer Price Index): Unadjusted YoY growth of 3.2% in July , ending 12 months of decline. 🔍 Core CPI: Unadjusted YoY growth of 4.7%...

Versace owner Capri Holdings' stock surged over 50% after agreeing to an $8.5 billion acquisition by Tapestry , parent company of Coach. Capri shareholders will receive $57 per share in cash, a 65% premium to the previous day's close. The merger enhances the combined firm's ability to compete with luxury giants LVMH and Kering. While Capri owns brands like Michael Kors and Jimmy Choo,...

📉 The market's expectation for core CPI growth is 0.22% YoY, but Fundstrat's data team forecasts a lower 0.15% (1.8% for adults). 🎯 This forecast aligns with the Federal Reserve's 2% long-term inflation target. 📊 The July CPI report could act as a catalyst for a stock market rally, reinforcing the perception of the Fed's rate cycle conclusion. 📈 Lee believes a +0.15% CPI surpri...

💰 Chinese tech giants (Baidu, ByteDance, Tencent, Alibaba) place $5 billion orders for NVIDIA's AI chips. 🧩 NVIDIA to deliver about 100,000 A800 chips worth $1 billion immediately, with $4 billion worth of chips set for next year. 🚀 NVIDIA had previously received substantial orders from Chinese tech firms, including over $1 billion from ByteDance.

Last night, the major U.S. stock indexes closed lower, with Dow down by 0.54%, Nasdaq by 1.17%, and S&P 500 by 0.7%. The 10-year U.S. Treasury bond yield decreased to 4.014%, resulting in a -80 basis point spread against the 2-year yield, while the VIX fear index dropped by 0.19%. Brent crude oil prices rose 1.53%, and gold's spot price fell 0.52% to $1914.91 per ounce. International oil p...