Global equities present a sharp divergence between top-line expansion and underlying costs. While historic milestones like the Dow clearing 54,000 and Amazon hitting $3 trillion signal macro liquidity, aggressive AI and infrastructure capex are heavily penalising earnings-day valuations. Capital is rotating rapidly across regions, favouring defensive sectors over volatile.

Longbridge - Captain's Watch
Captain's Watch

☕️ [Task Coins Giveaway] Daily Market Talk — SpaceX's Capex Shock Overshadows a Blowout Quarter

$SpaceX(SPCX.US) just delivered its first earnings report as a public company, and investors couldn't decide whether to celebrate or panic. Revenue nearly doubled to $7.8B, crushing estimates, and the...

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