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#stocks

46 posts35 participants1 post today

BREAKING: NVIDIA, $NVDA, Blackwell chips have started production at TSMC’s chip plants in Phoenix, Arizona.

NVIDIA is building supercomputer manufacturing plants in Texas, with Foxconn in Houston and with Wistron in Dallas. Mass production at both plants is expected to ramp up

Sen. Cory Booker said Sunday that Congress should hold hearings and defended Democratic lawmakers’ calls for investigations into any possibility of #insidertrading after President #DonaldTrump encouraged people to buy #stocks before reversing his #tariff policy last week.

> “There is enough of an offense here, there’s enough smoke here that should demand congressional hearings,” the New Jersey Democrat said on NBC News’ “Meet the Press.” nbcnews.com/politics/congress/

NBC News · Sen. Cory Booker says Congress should hold hearings on whether insider trading on Trump's tariffs occurredBy Megan Lebowitz

BREAKING: US Politicians were buying tariff exempt companies before the news like $AAPL Apple.

Take Republican Marjorie Taylor Greene. She bought $AAPL, $AMZN, $DELL, $NKE, and others before the surprise announcement today, buyjng the companies as they fell.

Unusual.

Continued thread

After 20 years, what might future-you wish current-you did around now? Rest is a valid answer!

If nothing else, regardless of your politics, please watch this bit:
youtube.com/watch?v=wF5LgOhfMc

What are your needs? How can you meet them, or what help do you need?
What needs can you help others meet? / How can you help other people?

Your sanity matters and your family's material needs day-to-day matter.
Avoid doomscrolling with (sustainable!) activity in your local community. Yes, it matters.
Any collective help, education, volunteering, repairs, socialising, or otherwise you can do is important.

How can you meet new people? How can new people meet you?
If you have 'enough people' in your life, then consider them. Is it possible any of them could feel socially isolated? What would they need in order to connect with people around them?

#DIY#culture#travel

Alrighty Then!

Treasury yields spiking—exact opposite of Trump's desired lower rates.

10Y hitting 4.5%, 30Y approaching 5%

This signals a confidence crisis. #Markets are demanding higher returns on #US #debt amid geopolitical tensions and trade uncertainty.

Not just #market #volatility—this threatens America's economic credibility on the world stage. Trump's unpredictable policies appear to be backfiring in real time.

Quick market update:

Wednesday's mega-rally was mainly led by the top 7 stocks in the market. Thursday saw a little retreat there, but then the top 50 and 100 stocks staged a rally.

Mid and small caps have been beaten down this week and mainly moved sideways yesterday.

Relative strength to SPY shown here:

Continued thread

Global #stocks fell & the #dollar sank further on Friday, while a manic #bonds selloff took hold in a brutal end to the week of tit-for-tat worldwide #tariffs that have fed fears of a deep #recession & shaken investor confidence in #US assets.

The selloff in US #Treasuries picked up pace during Asian hours, with the 10-year note yield rising to 4.45%, gaining about 45 basis points in the week, the biggest increase since 2001, LSEG data showed.

#ETTTTS #trump #economy
reuters.com/markets/global-mar