TMTB: NVDA GS raises PT to $800; AAPL/U Vision Pro Hype; SPOT PT to $250 at MS; ON looks solid; AMZN 50M share sale; Trump more tariff talk; COIN Mizuho neg; ZS COO resigns
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Good morning. QQQs are flat this morning post some crazy action in Chinese small/mid cap names overnight, but overall China markets bounced and FXI is +1.5% this AM. Crude is down 70bps, BTC +80bps while 10 yr yields continue to tick higher, up another 9 bps and the 2 year up 7bps. Powell last night on 60 min: "The prudent thing to do is...to just give it some time and see that the data confirm that inflation is moving down to 2% in a sustainable way…We want to approach that question carefully"….Let’s get to the good stuff.