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TMTB Morning Wrap
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TMTB Morning Wrap

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TMT Breakout
Aug 08, 2024
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TMTB Morning Wrap
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Good morning. QQQs +5bps. JPM increasing their recession odds to 35% (from 25%). Weekly claims at 9:30am. BTC +4%, after Ripple was ordered by a US court to pay a $125mm penalty, significantly less than what the SEC wanted. Yields ticking down slightly. China +1%. We get TTD, AKAM, TTWO, EXPE post-close to help us wrap up earnings season (thankfully!).

We’ll recap earnings first (DDOG, HUBS, Z, APP, FSLY, BMBL) then move onto news although pretty slow on that front today. Let’s get to it…

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