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On the Margin Newsletter: What would a Trump sweep mean for markets?
On the Margin Newsletter: What would a Trump sweep mean for markets?

Plus, a look into US spot BTC funds six months into trading

Blockworks·2024/07/12 07:31
Federal Reserve’s strategy for fighting inflation is working
Federal Reserve’s strategy for fighting inflation is working

Share link:In this post: The Fed’s Alberto Musalem says we’re making good progress on lowering inflation but didn’t say when rates might drop. The latest CPI report shows inflation falling more than expected, raising hopes for possible rate cuts later this year. Jerome Powell said that the Fed needs to see sustained inflation control before cutting rates.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provide

Cryptopolitan·2024/07/12 06:43
Flash
15:03
USD/JPY Drops Over 40 Points, Declines 0.1% Intraday
On June 22, the USD/JPY fell sharply by over 40 points, turning down 0.1% intraday, reaching a low of 161.07.
14:55
Serenity on AAOI: Market Attention on Buy Zone if Revenue Meets Expectations or Corresponding to 800%+ YoY Growth
BlockBeats News, June 22nd. Some market participants discussed the valuation and growth expectations of the optoelectronic stock AAOI on social media, sparking a debate among investors about its reasonable entry price. Serenity suggested that if the company's revenue meets expectations, achieving over 800% year-on-year growth, it could potentially reach an annualized revenue of around $5.6 billion (based on the current market capitalization of approximately $12.8 billion). At the same time, monthly revenue could grow to about $471 million, mainly driven by the expansion of AI infrastructure demand. The discussion believed that against the backdrop of limited industry capacity, cloud service providers (CSPs) and clients like Advanced Micro Devices continue to lock in supply through long-term agreements (LTAs), potentially driving industry prices and profit margins up. Assuming demand grows exponentially until 2028, average selling prices (ASPs) and profit margins may improve in tandem, but the ultimate entry price still depends on investors' risk appetite and valuation judgment.
14:42
SpaceX Shares Drop 10% Intraday
On June 22, SpaceX shares fell for the third consecutive trading day, with intraday losses widening to 10%.
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