Citi maintains Hold on AMD amid strong AI tailwinds

5 articles I'm watching carefully

In partnership with

Tyler Dupont
logo

Good morning 👋

Here's the latest news I'm tracking today.

 📈 Stocks / Finance

Citi maintains Hold on AMD amid strong AI tailwinds

Citi reaffirmed its Hold rating on AMD with a $180 price target, citing strong Q2 growth and rising AI GPU demand. AMD's client base includes Microsoft, Meta, and Oracle. While AI prospects are solid, Citi views valuation as balanced relative to peers.

Stocks edge higher as Fed rate cut odds hinge on data

The S&P 500 hovered near record highs as traders await key jobs and inflation data that could shape the Fed's next rate move. Robinhood and AppLovin surged after being added to the S&P 500, while falling bond yields signaled rising expectations for a rate cut.

Palantir nears breakout amid strong earnings momentum

Palantir shares are forming a bullish continuation pattern after a brief pullback from record highs. Upward earnings revisions and analyst upgrades support momentum, though the stock’s 236x forward P/E reflects elevated valuation risks for tactical investors.

🪙 Crypto

Bitcoin steadies near $112K as Ethereum slips

Bitcoin rose 2.8% this week to $112,000, holding gains after its Aug. 13 record of $124,457. Ethereum fell 1.9% to $4,300, below its $4,954 high from late August. Despite past promises, crypto continues to track broader markets, undercutting its inflation-hedge narrative.

🌎 Global Economy

Trade tensions and slowing GDP cast shadow on global outlook

Goldman Sachs cut its Q3 U.S. GDP forecast to 1.6% amid rising tariffs and a widening trade deficit. The OECD sees global growth slowing to 2.9% in 2025, citing record trade policy uncertainty. High U.S. tariffs and fragmented supply chains are fueling inflation and market volatility.

How 433 Investors Unlocked 400X Return Potential

Institutional investors back startups to unlock outsized returns. Regular investors have to wait. But not anymore. Thanks to regulatory updates, some companies are doing things differently.

Take Revolut. In 2016, 433 regular people invested an average of $2,730. Today? They got a 400X buyout offer from the company, as Revolut’s valuation increased 89,900% in the same timeframe.

Founded by a former Zillow exec, Pacaso’s co-ownership tech reshapes the $1.3T vacation home market. They’ve earned $110M+ in gross profit to date, including 41% YoY growth in 2024 alone. They even reserved the Nasdaq ticker PCSO.

The same institutional investors behind Uber, Venmo, and eBay backed Pacaso. And you can join them. But not for long. Pacaso’s investment opportunity ends September 18.

Paid advertisement for Pacaso’s Regulation A offering. Read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals.

Did you like today's newsletter?
Powered by Typeform