orange

NVDA just refuse to die leh. Every time it dip a bit, people rush in to buy. Held since $400 and honestly quite shiok watching this. Blackwell demand still crazy strong, no reason to sell anytime soon.

Fed officials have so far resisted characterising the rise in long-end yields as a policy concern, attributing it to term premium re-pricing rather than a signal of tightening financial conditions. But with the 30-year now touching levels last seen in 2007, some officials are quietly monitoring whether higher borrowing costs begin to surface in mortgage delinquency or corporate refinancing data over the coming months. The door to a resumption of rate cuts remains open — the data will have to close it. 🔒

Chip sector mixed—$Intel(INTC.US) weak, $AMD(AMD.US) stable—does that last?