Jello5700/iStock via Getty Images Market Sentiment Finally Turning Positive I am excited and relieved that market sentiment is finally turning positive on the current leaders of custom IT applications development. These 4 names, along with several others, like Datadog ( DDOG ), like Twilio ( TWLO ), et al., have proven that enterprises looking to leverage AI need these platforms and capabilities t...
Jello5700/iStock via Getty Images Market Sentiment Finally Turning Positive I am excited and relieved that market sentiment is finally turning positive on the current leaders of custom IT applications development. These 4 names, along with several others, like Datadog ( DDOG ), like Twilio ( TWLO ), et al., have proven that enterprises looking to leverage AI need these platforms and capabilities to get the most out of modern application development. The proof resides in the earnings reports and how strong the price action is for this sector acting together now. It's my opinion, borne of years of observations, that when a sector lifts sharply and in unison, it usually means that we will see a sustained rally in that sector. I am not saying that AI is not a threat to any corporate IT department that doesn't avail itself of the enormous productivity potential that AI brings to application development. I would argue that without tools or platforms supporting adoption efforts, companies might find themselves in danger of losing out to a larger and more nimble group of challengers. It's the Old Adapt or Become Extinct Law of Evolution Being Played Out Once Again The four names I want to concentrate on today existed before agentic software and generative AI were a "thing". One could argue that Palantir is AI native, and I won't quibble with that. Let's just observe that until this week, all these names have suffered mightily from the bears. Look at their all-time highs: MongoDB ( MDB ): The all-time high MongoDB stock closing price was $585.03 on November 16, 2021. ( cite ) ServiceNow ( NOW ): The all-time high ServiceNow stock closing price was $229.68 on December 12, 2024. ( cite ) Palantir ( PLTR ): The all-time high Palantir closing price was 207.18 ( cite ) on November 3, 2025. Snowflake ( SNOW ): The all-time high Snowflake stock closing price was 401.89 on November 16, 2021. ( cite ) We can debate whether stocks "deserve" to reach their previous all-time highs. In f...
Jello5700/iStock via Getty Images Market Sentiment Finally Turning Positive I am excited and relieved that market sentiment is finally turning positive on the current leaders of custom IT applications development. These 4 names, along with several others, like Datadog ( DDOG ), like Twilio ( TWLO ), et al., have proven that enterprises looking to leverage AI need these platforms and capabilities t...
Jello5700/iStock via Getty Images Market Sentiment Finally Turning Positive I am excited and relieved that market sentiment is finally turning positive on the current leaders of custom IT applications development. These 4 names, along with several others, like Datadog ( DDOG ), like Twilio ( TWLO ), et al., have proven that enterprises looking to leverage AI need these platforms and capabilities to get the most out of modern application development. The proof resides in the earnings reports and how strong the price action is for this sector acting together now. It's my opinion, borne of years of observations, that when a sector lifts sharply and in unison, it usually means that we will see a sustained rally in that sector. I am not saying that AI is not a threat to any corporate IT department that doesn't avail itself of the enormous productivity potential that AI brings to application development. I would argue that without tools or platforms supporting adoption efforts, companies might find themselves in danger of losing out to a larger and more nimble group of challengers. It's the Old Adapt or Become Extinct Law of Evolution Being Played Out Once Again The four names I want to concentrate on today existed before agentic software and generative AI were a "thing". One could argue that Palantir is AI native, and I won't quibble with that. Let's just observe that until this week, all these names have suffered mightily from the bears. Look at their all-time highs: MongoDB ( MDB ): The all-time high MongoDB stock closing price was $585.03 on November 16, 2021. ( cite ) ServiceNow ( NOW ): The all-time high ServiceNow stock closing price was $229.68 on December 12, 2024. ( cite ) Palantir ( PLTR ): The all-time high Palantir closing price was 207.18 ( cite ) on November 3, 2025. Snowflake ( SNOW ): The all-time high Snowflake stock closing price was 401.89 on November 16, 2021. ( cite ) We can debate whether stocks "deserve" to reach their previous all-time highs. In f...
Former Fed Chair Jerome Powell on Sunday called the Federal Reserve’s independence “a priceless asset” that must be protected, in one of his first major speeches since stepping down from his post earlier this month.
Former Fed Chair Jerome Powell on Sunday called the Federal Reserve’s independence “a priceless asset” that must be protected, in one of his first major speeches since stepping down from his post earlier this month.
格隆汇6月1日｜延续上周强势，泡泡玛特(9992.HK)今日盘中再度拉升，一度大涨超7%至186.5港元，股价创逾2个月新高。自港交所披露段永平举牌后，该股最近3个交易日累涨超20%。数据显示，南下资金于5月28日净买入该股11.21亿港元，于5月29日净买入8.78亿港元，两日共计净买入19.99亿港元。 消息面上，5月27日晚，港交所披露易数据显示，知名投资人段永平通过其控制的H&H International Investment，在5月25日以每股150港元的平均价格，买入了9823200股泡泡玛特普通股，交易总额高达14.7亿港元。此次增持后，其持股总数达到76371600股，占公司总股本的5.69%，构成举牌。段永平目前已是泡泡玛特第二大股东。 5月28日，泡泡玛特创始人王宁公开表示，泡泡玛特将继续深耕IP孵化与运营，真正成为一家世界级的企业，做出世界级的品牌。
There's a difference between owning the market and owning the companies inside it, and most savers never notice the gap until it costs them money. For more than a year, the gap hasn't mattered. The S&P 500 has climbed in a nearly straight line, printing record after record, and the laziest ...
There's a difference between owning the market and owning the companies inside it, and most savers never notice the gap until it costs them money. For more than a year, the gap hasn't mattered. The S&P 500 has climbed in a nearly straight line, printing record after record, and the laziest ...
Market Snapshot USD/INR ₹95.00 -0.7% Nifty 50 Index 23,547.75 -1.5% India 10-Year Bond Yield 7.00% +0.00 Spot Gold ($/oz) $4,526.53 -0.3% S&P 500 Futures 7,617.75 +0.3% Market data as of 08:04 AM IST, Jun. 1, 2026, or the previous close for Indian markets. Data is subject to provider delays. Good morning... I’m Alex Gabriel Simon in Mumbai with market news and analyses to start the week. Indian eq...
Market Snapshot USD/INR ₹95.00 -0.7% Nifty 50 Index 23,547.75 -1.5% India 10-Year Bond Yield 7.00% +0.00 Spot Gold ($/oz) $4,526.53 -0.3% S&P 500 Futures 7,617.75 +0.3% Market data as of 08:04 AM IST, Jun. 1, 2026, or the previous close for Indian markets. Data is subject to provider delays. Good morning... I’m Alex Gabriel Simon in Mumbai with market news and analyses to start the week. Indian equities enter June on the back foot after a bruising end to May. A selloff on Friday, which came despite a rally in regional stocks, left the Nifty nursing another monthly loss as foreign selling, MSCI index changes and geopolitical uncertainty soured sentiment. Provisional data showed global funds pulled out about $2.2 billion from local shares on Friday, largely due to the MSCI rebalancing. Global cues aren’t particularly encouraging either. Oil prices are higher and the dollar is stronger on Monday morning as negotiations to extend the US-Iran ceasefire show little sign of a breakthrough. While Asian equities are trading higher, much of the gain is being driven by heavyweight chipmakers — a segment the Indian market largely lacks. Meanwhile, the weather office’s cut to India’s monsoon forecast has raised concerns about rural demand and inflation, adding to market risks (more on that below). Auto stocks could see early action as companies begin reporting May sales numbers, offering a read on consumer demand. Focus later in the week will shift to the central bank’s policy review on Friday as the rupee hovers near record lows and expectations grow for the RBI to take a more hawkish stance . In today’s newsletter, we cover: The bond market selloff Auto demand in May Softening housing sales But first, here’s how poor rainfall may become the latest pain point for markets. The Monsoon Threat Bad news keeps piling up for India. Already grappling with an oil shock from the Iran war, the country is now staring at the prospect of its driest monsoon in more than a decade. The weather...
Maximusnd/iStock via Getty Images Key takeaways 1 We believe emerging market debt has the potential to provide high income Nominal and real interest rates have remained elevated, in our view, while disinflation generally has continued. We believe emerging market income is attractive and individual country dynamics offer compelling total return opportunities. 2 Emerging market debt offers income, d...
Maximusnd/iStock via Getty Images Key takeaways 1 We believe emerging market debt has the potential to provide high income Nominal and real interest rates have remained elevated, in our view, while disinflation generally has continued. We believe emerging market income is attractive and individual country dynamics offer compelling total return opportunities. 2 Emerging market debt offers income, diversification and total return potential Emerging market local bonds offer, in our view, an attractive opportunity to invest in a high-yielding asset class with low correlation to both US stocks and bonds and potentially high total returns. 3 Favorable outlook for emerging market local debt Narrowing growth differentials, a stable-to-weak US dollar and attractive valuations create a compelling case for emerging market local debt, in our view. We believe economic and policy divergences across regions and countries create exciting opportunities. Manager perspective and outlook Emerging markets began the year with strong momentum following what we see as a standout 2025, supported by disciplined policymaking, moderating inflation and improving external balances ((e. g. , trade balances, capital inflows and foreign exchange reserves)) across many emerging economies. Geopolitical tensions in the Middle East appeared to spark volatility at the end of the quarter, primarily through effects on energy prices and currency markets. The US Federal Reserve (Fed) and most developed market central banks remained cautious and data-dependent, with a “wait-and-see” approach amid moderating growth, sticky inflation and geopolitical uncertainty. Monetary policy remained a defining theme across emerging markets. Broadly, central banks maintained a conventional and cautious bias toward easing, reflecting in our view growing confidence in disinflation trends and restored central bank credibility. After declining nearly 9% in 2025, the US dollar saw periods of volatility during the quarter, appar...