Brief: Confidence Collapsed. Markets Didn't.

Brief: $10.8 Billion Wasn't Enough

Broadcom reported $10.8 billion in AI semiconductor revenue and guided next quarter to $16 billion, but the stock fell 3% alongside CrowdStrike's 9% decline despite a beat-and-raise. Iran struck Kuwait's civilian airport, pushing Brent toward $98 and ending the equity market's 10-week winning streak

Super Brief: $10.8 Billion Wasn't Enough — Super Brief

$10.8 Billion Wasn't Enough. Broadcom reported record AI semiconductor revenue of $10.8 billion, guided next quarter to $16 billion at 200% year-over-year growth, and fell 3%. CrowdStrike posted record ARR, record cash flow, announced a 4-for-1 split, raised full-year guidance, and fell 9%. Five consecutive AI infrastructure be

Brief: Huang's Crown, Bitcoin's Crash

Nvidia CEO Jensen Huang called Marvell Technology "the next trillion-dollar company," sending the stock up 33% in its largest single-day gain ever. Bitcoin crashed below $70,000 for the first time since April on continued ETF outflows and Strategy's first sale in four years. Trump said an Iran MOU t

Super Brief: $100 Oil and a Dead Phone Line — Super Brief

$100 Oil and a Dead Phone Line. Iran suspended all negotiations with the United States and resolved to close both the Strait of Hormuz and Bab al-Mandab. Brent crossed $100 intraday, erasing three weeks of ceasefire discount in a single session. The trigger was Israel's seizure of Beaufort Castle in southern Lebanon, its deepest i

Brief: Seven Percent and a Dead Phone Line

Iran suspended all negotiations with the US and vowed to completely block the Strait of Hormuz, sending Brent crude surging 7% to $96 on the sharpest single-session oil spike since March. ISM Manufacturing hit 54%, its highest in four years, while the S&P and Nasdaq closed at fresh all-time highs. A