Good morning. QQQs hovering around flat today as yields tick up 2-3bps across the curve. BTC +5% is slicing through $100k now at $103k hitting all-time highs helping BTC related names (SQ +1%; HOOD +8%; COIN +5%; MSTR +9%). Does BTC o/p get IWM outperformance back in vogue? We’ll see. On macro front, eyes on NFP number tomorrow morning, which will help influence whether fed cuts on 12/18. Let’s get to it:
NVDA/SMCI/DELL: xAI plans to expand Colossus AI supercomputer tenfold - FT
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