Wall Street's Big Tech Bounce
Okay so Wall Street had a bit of a kung fu kick eh? Big Tech they bounced back like me after a stunt gone wrong. Oracle doing a 9.6% jump? Microsoft with a 3.1% uppercut? That's like watching my old movies – full of surprises and action. S&P 500 and Nasdaq climbing Dow hitting a record? It's like a movie montage of winning. But remember even in a good fight you gotta watch your back. Sometimes even the best fighters take a tumble.
Asia Joins the Action
Then comes Asia following like my stunt team – always ready to synchronize. Japan's Nikkei 225 leading the charge? That's the 'Takaichi trade' in action eh? It's like when I plan a movie scene; everyone's expecting some fireworks. But remember even the best plans can go sideways if you don't watch for banana peels. Speaking of sideways check out European Markets Rise Amidst Geopolitical Chess Game to see how geopolitical chess game influence economics in other regions.
Big Tech's Capex Conundrum
Now hold on a second. Even with all the good news there's some heavy breathing. Alphabet talking about 'excess capacity'? That's like saying I have too many stunt doubles – never a good sign. But they're still planning to raise billions. It is very much like juggling chainsaws while riding a unicycle – risky but if they nail it they are legends. And legends they are.
ChatGPT's Comeback
But there's good news too. ChatGPT is back growing faster than my filmography. If the whole industry does this well Alphabet might just dodge that 'excess capacity' bullet. It's like when you think you're losing a fight and then BAM a surprise move turns the tables. Never give up you know?
Geopolitical Ripples
Oil prices dipping while the EU sanctions ports? Vice Premier Cheng Li chiun saying it's 'impossible' to move 40% of the chip supply chain? This is like a complicated fight scene with too many characters and too many moving parts. You gotta stay agile adapt and maybe throw in a few unexpected moves to win. In the words of Jackie Chan 'I never wanted to be the next Bruce Lee. I wanted to be the first Jackie Chan.'
Gold Silver and Algo Traders
Lastly hold on to your hats because gold and silver prices are going wild making algo traders dance like they're in one of my movies. These computer driven investment strategies are surfing the market waves. It's all about timing and precision just like a perfectly choreographed fight scene. And always remember: 'Don't try to be like Jackie. There is only one Jackie. Study computers instead.'
raffy
Good to see Asian markets responding positively.