TMTB Morning Wrap
Good morning. Futures flat early. BTC -1.4%. Asia saw mixed price action overnight with Korea that standout as it continues to rip: TPX +0.97%, NKY +0.29%, Hang Seng -1.44%, HSCEI -2.44%, SHCOMP -0.01%, Shenzhen +0.33%, Taiwan TAIEX flat, Korea KOSPI +3.67%. Memory names ripped: Samsung +8% (MS note yesterday); Hynix +8% (SNDK HBF partnership).
Yields are flat across the curve. Fed expects still pencil in 7/29 for the next cut.
We’ll hit earnings first (NVDA, SNOW, CRM, PSTG, NTNX, TTD), then move onto the usual.
Let’s get to it…
