Q1C Q2C Q3A
Yesterday, Brent crude fell approximately 1.6% to around $107 per barrel, while WTI dropped about 2.5% to around $103. Saudi Arabia is increasing crude supplies via Oman has temporarily eased market concerns regarding major supply disruptions in the Middle East.
Reuters survey Goldman Sachs, JP Morgan, HSBC, and Deutsche Bank have pivoted to forecasting a 25-basic-point rate hike tonight of US time, the prevailing market consensus has also clearly tilted toward a hike.
The yield on the US 10-year Treasury note has recently surpassed the 5% mark not seen since 2007. A 4.5% versus one exceeding 5% represents two completely different valuation environments for high-valuation tech stocks.
This impacts high-growth, high-beta stocks - NVDA, ALAB, APLD, RGTI, CRWV, and NBIS.






