🌍 Macro & markets:
Stock markets rose significantly, supported by a fragile ceasefire between Israel & Iran as well as falling oil prices. Additional tailwind was provided by signals from the Fed, which raised hopes of a summer interest rate cut.
✅ S&P 500 $SPY: +1.11% to 6,092
✅ Nasdaq 100 $QQQ: +1.53% to 22,190
✅ Dow Jones $DIA: +1.19% to 43,089
✅ Russell 2000 $IWM: +1.28% to 2,161
✅ 9 out of 11 sectors up - tech ($XLK +1.8%) ahead, energy ($XLE -1.3%) at the bottom
🚢 Consumer data & corporate news:
✅ Carnival $CCL (+1,05 %)
: +6.91% - Strong figures with record sales, high ticket demand & record bookings for 2026. The forecast was raised, despite geopolitical risks the desire to travel remains unbroken.
⚠️ FedEx $FDX (-0,45 %)
: After-hours -5%. Weak Asian demand forces 35% capacity cuts on transpacific routes. Full-year guidance lowered, shares down 17% YTD.
🤖 Developments in the robotaxi sector:
✅ Uber $UBER (+0,4 %)
: +7.52% - launch of self-driving Waymo vehicles ($GOOG +1.04%) in Atlanta. Waymo with over 1 million autonomous miles & 150,000 paid rides/week.
✅ Lyft $LYFT (-0,06 %)
: +6.09% - Analyst upgrade to "Buy", price target raised from $16 to $21.
📰 Other headlines:
⚠️ Fed officials dampen expectations:
- Bostic expects only one rate cut at the end of 2025, points to inflationary pressure from new tariffs.
- Barr confirms cautious stance, Powell signals "willingness to wait"
✅ OpenAI builds up competition from Microsoft & Google:
Own productivity suite announced directly in ChatGPT, including collaboration features.
✅ Anthropic achieves partial success:
AI training on copyrighted books classified as "fair use", piracy trial to follow in December.
✅ Broadcom $AVGO (+0,09 %)
: New all-time high - optimism around AI chip pipeline, HSBC raises price target to $400.
✅ Nektar Therapeutics $NKTR (-1,28 %)
: Share price doubles after convincing study on eczema drug, up to 90% symptom improvement.
🔎 Summary:
✅ Consumption & travel sector surprise positively
⚠️ Trade & logistics under pressure, especially Asian routes
✅ Robotaxi & AI with further momentum
⚠️ Fed remains cautious, next weeks in focus: tariffs & possible postponement of interest rate hikes