TMTB: INTC pushes out targets; TSLA neg recaps; Taiwan earthquake; PANW VP Sales leaves; SHOP Baird/Yip positive; SOFI +ve initiation; PARA buyout closer; DIS; EXPE -ve; GTLB pricing; GOOGL WFS

Apr 03, 2024

∙ Paid

Good morning. QQQs are down 35bps, while BTC ticks up 20bps and Crude +1%. Yields are up again 3-5bps. Overnight, Asia was red w/ Korea -168bps, HK -122bps, Japan -97bps, Taiwan -63bps and Mainland China -18bps. So far, it doesn’t seem like any major disruption to Tech companies from the the big Taiwan earthquake.

Lots of Fed speakers on the docket today: Powell speaks at 12:10pm with Bostic (voter, Hawk) 8:30am, Bowman (voter, Hawk) 9:45am, Goolsbee (non-voter, Dove) 12pm, Barr (voter, Dove) 1:10pm, Kugler (voter, Dove) 4:30pm

Let’s get to it:

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