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- IBM extends multi month outperformance versus Dow
IBM extends multi month outperformance versus Dow
5 articles I'm watching carefully
Tyler Dupont ![]() Good morning 👋 Here's the latest news I'm tracking today. |
📈 Stocks / Finance
IBM extends multi month outperformance versus Dow
IBM is up 25% over three months versus the Dow's 4.4 percent gain. Shares are up 37.9 percent YTD and 32.5 percent over 52 weeks, trading above 50 and 200 day averages. Q3 EPS hit 2.65 on 16.3 billion dollars revenue. Quantum and AI momentum support the trend.
Nike trails consumer staples peers on multi-month decline
Nike shares are down 18.2% in three months and 17.1% over 52 weeks, underperforming XLP. Stock remains below its 50 and 200 day averages. Tariffs added about $1B to costs, though Q1 EPS of 0.49 beat 0.27 and revenue hit 11.7B. Analysts see 28.1% upside.
Goldman lifts Broadcom target to $435
Goldman raised Broadcom's target from $380 to $435 as shares climb 66% YTD near a $2T valuation. Analysts expect Q4 sales of $17.0 to $17.4 billion and $6.2 billion in AI chip revenue, up 66% y/y. Custom XPU and TPU demand from Google and OpenAI drives 2026 visibility.
🪙 Crypto
Bitcoin holds above 91k as liquidity signals watched
Bitcoin trades near 91700, up 3% in 24 hours, but depth, spreads and stablecoin flows still drive direction. Fear persists, ETF creations remain mixed and liquidity thin, keeping rebounds fragile while macro moves in dollar and rates influence risk appetite.
🌎 Global Economy
Tariff shocks drive dim global outlook
The IMF, World Bank, and WEF flag slowing global growth as trade barriers rise. IMF sees 2025 growth easing to 3.2%, EMDEs to 4.0%. World Uncertainty Index hit 100,000. Aid cuts, tariff resets, and geoeconomic fragmentation weigh on trade, with 2026 volume projected to fall to 2.3%.
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