Daily Alpha · YouTube
· Premarket Alpha · by Buzzberg Research
Who was talking 45 videos · 9 channels
Oil risk premium
2 videos · 7mRBC's Helima Croft says vessel shortages push delivered oil costs above screen prices; Ellen Wald says the supply cushion is largely drawn down and the risk premium is unlikely to fade soon.
RBC's Croft: a vessel shortage pushes delivered oil costs above benchmark prices
Croft argues a shortage of vessels has pushed freight and delivery costs significantly above screen prices, especially for Asian refiners, and that the physical market is what to watch.
Ellen Wald: missile strikes on Saudi infrastructure keep oil's risk premium in place
Wald says the supply cushion built over roughly six months has largely been drawn down, and unusually high reported Strait of Hormuz flows, including ship-to-ship transfers, look neither sustainable nor evidence that chokepoint risk has eased.
Korean chipmakers led an Asian tech selloff after CXMT disclosed a chip architecture advance
Korean chipmakers led an Asian selloff amid concerns about AI spending and competition from China's CXMT, which disclosed an advance in chip architecture; Tencent is raising about $5 billion from bond sales.
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PAVE -0.5% · AI-SECTOR — · CHEMICALS — · CARZ -0.2% · KBA — · COPPER +0.2%Firmus withdrew its Australian IPO after investors balked at its valuation
The guest blames an over-aggressive price, a structure that let founders monetize early, and terms favoring the largest backers and debt providers; the company is now expected to pursue private capital and may eventually look to a US listing.
Barclays' Goldberg: big-bank fundamentals are solid into earnings, with Citigroup standing out
Goldberg cites record loans and deposits, stable net interest margins, higher fee income, controlled expenses and benign credit, and attributes sector underperformance mainly to macro concerns such as rising yields and unrealized bond losses.