Mogarup: Wall Street under pressure. AI loses momentum, Netflix disappoints, and the Persian Gulf erupts

📈 Stock Market – North America and Asia

• Wall Street closed yesterday’s session moderate decrease,meanwhile, S&P 500 index falls 0.5% and Dow Jones fell 0.2%. The performance of the technology sector was the worst.The Nasdaq widened its losses and closed about 1.5% lower..

• Artificial intelligence and semiconductor companies nevertheless came under pressure again. Very strong financial results for Taiwanese chipmaker TSMC. Investors are increasingly concerned about AI companies are valued too high Huge capital investment in AI infrastructure development Expected returns may not be achievedsparking a broad selloff across the tech sector.

• The sharp decline has hit memory chip manufacturers, resulting in Micron stock falls more than 5.5%meanwhile SanDisk stock falls more than 12%.

• Google stock came under pressure following reports: The release of the main AI model “Gemini 3.5 Pro” has been delayed for several months Due to failure to achieve internal performance targets. This news has heightened investors’ concerns about the following: Alphabet is losing momentum in the race for AI dominance.

• The decline in AI-related tech stocks spilled over into Asian markets, with technology and semiconductor stocks facing significant pressure, pushing down the region’s major indexes. The biggest losses were recorded by Japan’s Nikkei Stock Average falls more than 5.5%and China’s Hang Seng falls about 2.5%while in Korea KOSPI remains closed due to public holidays..

📊 Earnings Season – Netflix

• Netflix stock came under pressure after the company released guidance for next quarter that fell short of Wall Street expectations.

• The company’s expected sales are $12.86 billion and earnings per share (EPS) of $0.82compared to analyst consensus estimates. Revenue is $13 billion and EPS of $0.84. The stock price fell in after-hours trading as the outlook worsened.

• Investors have increasingly focused on signs that Netflix’s business is entering a more mature stage, with growth slowing as the company shifts focus to new revenue streams, including: Advertising, live streaming, gaming.

• Netflix also announced plans to reduce the frequency with which it releases viewing time data, raising concerns among some investors about future transparency and the ability to fully assess the platform’s performance.

• Despite the disappointing third-quarter outlook, Netflix’s fundamentals remain strong. The company continues to achieve stable revenue growth, expand its advertising business, and Artificial intelligence (AI) Content creation and personalization.

• The company also emphasized that total watch time is no longer the most important measure of business value. Profitability and real revenue generation Nowadays, it has become a very important indicator.

🌍 Geopolitics

• The conflict between the US and Iran has once again intensified following the US military’s forced breakthrough. Six consecutive nights of air strikesexpands coverage to Iran’s transportation and logistics infrastructure, including: Bridge, railway and Bandar Abbas port area. Washington also confirmed the following measures: enforce a naval blockade of IranThis includes interning and neutralizing ships heading to Iranian ports. Traffic regulations in the Strait of Hormuz.

• Iran responded with further attacks on US targets in the region, and the Islamic Revolutionary Guards Corps (IRGC) announced: Crude oil and natural gas cannot be transported through the Strait of Hormuz As long as US air strikes continue. Additionally, unconfirmed reports have emerged. Attack on King Fahd Causeway There are growing concerns about further escalation in the Persian Gulf, which connects Bahrain and Saudi Arabia.

🛢️Products

• Geopolitical tensions are supporting the rise in oil prices, putting them on track to rise. Biggest weekly increase since AprilInvestors are concerned about supply disruptions from the Middle East region, which accounts for the bulk of global oil exports.

• Crude oil futures prices remain high. Brent hovers around $84 per barrel and WTI price is around $78 per barrel.

🪙 Precious metals

• The precious metals market is A different start to the dayand Gold slightly increased but still holding Below the $4,000/oz level.

• meanwhile, Silver is losing groundtest USD 55 per ounce area.

🪙 Cryptocurrency

• The cryptocurrency market remains under selling pressure. Bitcoin falls about 1.9%, falling below the $63,000 levelmeanwhile Ethereum falls more than 2.5% to below USD 1,830.