TMTB Morning Wrap
Futures +30bps but IWM +75bps continues to outpace the QQQs for the 2nd straight day. China up +2.5% overnight as Tencent +5% reported a set of solid results while Asian semis strong overnight led by Hynix/TSM. Got some very interesting and unexpected NVDA/AMD news flow around Rubin vs. MI450 below which has AMD +2.7% early…We’ll cover CRWV earnings as well, where revs/backlog increase came in a bit light of bogeys, but mgmt commentary around demand was solid…
Let’s get straight to it…
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