Daily Alpha · YouTube
· Premarket Alpha · by Buzzberg Research
Who was talking 48 videos · 11 channels
Memory
1 video · 34mCXMT expansion is being absorbed by domestic HBM demand and an undersupplied market.
CXMT capacity is entering an undersupplied memory market
The SemiAnalysis interview argues that CXMT is expanding into a memory market that remains undersupplied, despite growing Chinese capacity.
Liquidity
2 videos · 1h 35mStrong earnings can coexist with a forced yen-carry unwind transmitted through margin calls.
Yardeni keeps a 10,000 decade-end S&P target
Ed Yardeni says he has the S&P 500 at 10,000 by decade-end, extending his no-recession, earnings-led bull case.
Yen deleveraging can spill through margin calls
The episode explains that a stronger yen can reverse leveraged carry trades, with spillovers transmitted through margin calls and risk limits rather than a direct company-fundamental shock.
Hormuz
1 video · 2mThe shipping framework remains informal while physical attack risk persists.
Hormuz access remains unresolved
Bloomberg reported that Iran’s proposed shipping restrictions had not yet become a formal statement, leaving the passage framework unresolved.
Occidental targets twice today’s sustainable cash flow by 2030
Occidental President and CEO Richard Jackson presented a plan to double sustainable cash-flow capacity by 2030.