CB3 LIVE
(opens in a new tab)We don't just manage your assets; we become one of them. Check out our show at YouTube.com/cb3live.
Micron's print re-ignited the AI trade. Fiscal Q4 revenue of $54.23 billion (+379% year-on-year), adjusted EPS of $33.42, and — the number that moved Asia — long-term supply-agreement commitments rising to $32 billion from $22 billion in June. Cloud memory revenue nearly doubled sequentially. This is direct demand evidence for NVDA's supply chain: SK Hynix, Tokyo Electron, Advantest, and Taiwan's suppliers all surged. Market impact: tech and semis lead Q4's first tape; the AI capex story has its strongest customer-commitment data point of the year. The caveat (Saxo's Chanana): markets may start asking whether this is peak memory shortage.
0 CommentsComment on Facebook
The S&P 500 closed at 7,722.72 (+0.73%), the Dow at 51,176.96 (+0.49%), the Nasdaq Composite at 27,190.86 (+1.19%) — near a record, its third straight weekly gain — and the Russell 2000 at 2,833 (+0.94%). The soft September payrolls print (+29K vs ~90K expected; unemployment 4.2% vs 4.1%; August revised to 133K from 162K; wages +0.1%) crushed October Fed-hike odds from roughly two-in-three to roughly one-in-five, and stocks bought the dovish repricing — even as long yields rebounded. The 10-year touched 5.34% Thursday (a 24-year high) and settled Friday at 5.28%; the 30-year closed at 5.63%; the 2-year at 4.82%. Dallas Fed president Logan capped the rally late in the day, arguing the funds rate needs to rise "an additional 50 bp or more. DS had a great day. More on the "META MUSE" influence on Thursday night's show.
0 CommentsComment on Facebook
The bond rout is the risk-off driver. The sharpest quarterly Treasury selloff in 30+ years has the 10-year above 5.3% and the 30-year above 5.6%. Banks led Europe's decline; small caps lagged Wednesday (-1.19% RUT). Market impact: discount-rate pressure on every multiple; IGSB/JEPI-style income sleeves and rate-sensitive value names face headwinds until yields stabilize.
MUCH MORE on Thursday's CB3LIVE!
0 CommentsComment on Facebook
X
Bonds remain the market's whole problem: the 30Y topped 5.6% Tuesday (highest since June 2002), the 10Y ~5.3% (highest since 2007), easing only marginally overnight. Deficits and AI-capex borrowing — not labor — now drive the curve. Today's PCE decides October. The August
Micron's print re-ignited the AI trade. Fiscal Q4 revenue of $54.23 billion (+379% year-on-year), adjusted EPS of $33.42, and — the number that moved Asia — long-term supply-agreement commitments rising to $32 billion from $22 billion in June. Cloud memory revenue nearly doubled
The S&P 500 closed at 7,722.72 (+0.73%), the Dow at 51,176.96 (+0.49%), the Nasdaq Composite at 27,190.86 (+1.19%) — near a record, its third straight weekly gain — and the Russell 2000 at 2,833 (+0.94%). The soft September payrolls print (+29K vs ~90K expected; unemployment 4.2%
The bond rout is the risk-off driver. The sharpest quarterly Treasury selloff in 30+ years has the 10-year above 5.3% and the 30-year above 5.6%. Banks led Europe's decline; small caps lagged Wednesday (-1.19% RUT). Market impact: discount-rate pressure on every multiple;
US futures firmed overnight on the back of John Williams's dovish Tuesday remarks: ES ~7,683 (+0.16%), NQ +0.26%, YM +0.16% as of ~0300 CT. Tuesday's cash session closed lower but orderly — Dow 51,349.92 (-0.26%), SPX 7,670.84 (-0.17%), Nasdaq 26,797.54 (-0.09%) — with the Nasdaq
The Trump–Xi afterglow, and its limits. The summit closed with a two-month truce extension to January 10, 2027, plus a new $30B corridor of non-sensitive goods each way — and no AI agreement. USTR Greer releases the details Monday. Watch Chinese equities after the Golden Week
The Hormuz wildcard. Iran submitted a seven-day proposal to reopen the strait, and Washington and Tehran are exploring a phased deal through mediators in New York. Brent settled at $104.32, still up ~70% this year. A concrete step would send oil and inflation expectations down
U.S. indexes posted their first winning week in three. The S&P 500 rose 0.5% Friday to 7,743.41 (+1.2% on the week), within 0.7% of its August record; the Dow added 0.9% to 51,828.62 (+0.3% on the week, ending a three-week losing streak); the Nasdaq gained 0.5% to 27,068.72
The week ahead — key releases (times CT)
Monday: Dallas Fed manufacturing survey, 0930 CT. Carnival earnings.
Tuesday: Case-Shiller home prices, 0800 CT; consumer confidence and JOLTS job openings, 0900 CT. Micron and Paychex report.
Wednesday: quarter-end, and the heaviest day
