Ciena and Zscaler become Thursday’s next tests for AI networking and security demand
After Broadcom’s report, investors turn to optical-network capacity and cybersecurity for evidence that AI spending is broadening beyond compute.
Today's News
ALL →Oil edges lower but Brent remains near $95 as geopolitical risk stays elevated
Crude eased in early Thursday trading after recent gains, offering limited relief to markets still focused on inflation and supply risk.
Nvidia gains more than 3% as Wall Street ends a three-day losing streak
The S&P 500, Dow and Nasdaq all advanced Wednesday as technology shares rose and bond yields steadied.
ADP private payrolls rise 38,000, below expectations ahead of Friday’s jobs report
The softer hiring estimate pulled Treasury yields from recent highs, but elevated energy prices leave the policy interpretation unusually difficult.
U.S. futures turn muted as oil risk and Broadcom’s outlook offset Wednesday’s rebound
Technology earnings remain supportive, but high oil prices and Middle East escalation are keeping the inflation and rate path uncertain.
Dell says AI Factory customers topped 6,500 as enterprise adoption accelerated
The company added roughly 3,300 customers in three quarters, with repeat buyers, enterprise revenue and pipeline all moving higher.
Broadcom AI semiconductor revenue reaches $16.7B, but shares slip on the Q4 bar
AI revenue grew 221% year over year and management expects another acceleration next quarter, yet the consolidated outlook did not clear the market’s highest expectations.
Uber Stock Slips After Earnings: Q3 Bookings and Profit Guidance Miss the Mark
Uber's Q2 numbers were solid, but soft Q3 bookings and adjusted EBITDA guidance spooked investors in after-hours trading. With markets closed for the holiday, shares are parked at Monday's close of $71.99.
Macro
ALL →ADP private payrolls rise 38,000, below expectations ahead of Friday’s jobs report
The softer hiring estimate pulled Treasury yields from recent highs, but elevated energy prices leave the policy interpretation unusually difficult.
Dow Closes Above 52,000 for the First Time as All Three Major Indexes Rally Monday
The Dow Jones Industrial Average closed above 52,000 for the first time ever Monday, as the S&P 500 and Nasdaq bounced back sharply from last week's tech selloff. Tesla surged 8.46%, Alphabet made its Dow debut up 4.7%, and VIX slid to 17.65. June jobs data hits Thursday before Friday's…
JPMorgan Lifts S&P 500 Target to 7,800 — But Warns of 'Flash-Crash' Risk
JPMorgan raised its year-end S&P 500 target to 7,800, citing U.S.–Iran peace progress and AI earnings momentum — while warning that speculative trading in second-tier AI names raises the odds of a flash crash.
June Jobs Report Moves to Thursday; Consensus Expects +172K Payrolls
A wall-to-wall week for U.S. labor data. The June jobs report gets pulled forward to Thursday, July 2 — ahead of the July 4th holiday — with consensus pegging payrolls at +172K.
Commodities
ALL →Oil edges lower but Brent remains near $95 as geopolitical risk stays elevated
Crude eased in early Thursday trading after recent gains, offering limited relief to markets still focused on inflation and supply risk.
Gold Breaks $4,000: Cyclical Correction or Structural Crack?
Spot gold broke $4,000 on June 24, dropping to $3,959 intraday — nearly 29% off January's $5,594 all-time high. The three forces behind the selloff are all cyclical; the structural central bank bid — 17 consecutive months, ~850 tonnes per year — hasn't moved.
Silver Slides More Than 5%, Gold Retreats: Fed Rate Hike Bets and a Surging Dollar Hit Precious Metals
Precious metals posted their steepest single-day loss since June 10 on Wednesday: spot silver fell ~5.4% to ~$61.6/oz and gold dropped ~1.7% to ~$4,040/oz, as markets priced in three Fed rate hikes before year-end and the dollar hit a one-year high.
WTI Crude Drops Below $70, Brent Hits Pre-War Low as Hormuz Strait Opens Up
Oil prices sold off sharply on June 24: WTI crude settled at $70.34/bbl (−3.92%), briefly dipping below $70 for the first time since March 2, while Brent fell 4.3% to $73.74 — its lowest close since before the February Middle East escalation. Improving tanker transit through the Strait…
US-Iran Deal Tanks Oil Prices as 10-Year Treasury Yield Climbs to 4.5%
A 14-point US-Iran memorandum of understanding reopened the Strait of Hormuz, sending Brent below $80 and WTI to ~$76. Meanwhile, the 10-year Treasury yield hit ~4.5% and markets are pricing a ~50% chance of a September Fed rate hike.
Oil Drops, Gold Climbs: Citi Cuts Brent Forecasts as US-Iran Deal Clears Hormuz
Citi slashed its Brent crude forecasts after the US-Iran framework deal pointed to Strait of Hormuz reopening — but gold rallied for a third straight session, with markets focused on easing inflation expectations rather than fading safe-haven demand.