| Ticker | Direction | Speaker | Thesis | Time |
|---|---|---|---|---|
| SHORT |
Joumanna Bercetche
Anchor, Bloomberg |
The "AI Scare Trade" has expanded from software to physical industries. The US Trucking Index and Logistics sector saw massive price drops, driven by the perception that AI tools will disrupt their business models. The market is currently pricing in "AI displacement" risk. If a sector is viewed as an "AI Victim" (like SaaS last week, Logistics this week), capital flees rapidly regardless of immediate earnings, creating downward momentum. SHORT / AVOID sectors currently in the crosshairs of the "AI Scare" narrative (Logistics, Trucking, Legacy SaaS). The selloff may be an overreaction/panic selling, presenting a value trap if fundamentals remain strong. | 1:16 | |
| LONG |
Min Min Low
China Correspondent, Bloomberg |
While US software/logistics stocks fall, the KOSPI (Korea) is pushing higher. Samsung is rising "inexplicably" to some, but the reporter notes Korean tech is concentrated in Hardware, not Software. Hardware is the "pick and shovel" of AI, whereas Software/Services are the victims of AI automation. Investors are rotating out of "AI Victims" (Software) into "AI Enablers" (Hardware/Memory), benefiting the Korean market. LONG Korean equities and Memory Chip manufacturers as a hedge against the US AI scare trade. Global recession dampening hardware demand. | 4:09 | |
| LONG |
Chris Wright
US Energy Secretary |
US Energy Secretary explicitly stated Chevron (CVX) is being enabled to "massively grow" their business in Venezuela and is the largest producer there today. The US government is actively facilitating Chevron's expansion in a region with massive reserves, providing a clear regulatory tailwind and volume growth story for the next 18-24 months. LONG CVX as the primary beneficiary of US-Venezuela energy rapprochement. Political volatility in Venezuela or a reversal of US policy. | 12:52 | |
| SHORT |
Joumanna Bercetche
Anchor, Bloomberg |
The US is weighing a plan to roll back Aluminum and Steel tariffs, which currently sit around an effective rate of 40%. Tariffs artificially prop up domestic prices for US producers (like Nucor). Removing them introduces cheaper foreign competition, crushing margins for domestic US steel and aluminum mills. SHORT US domestic metal producers (NUE, X, AA) on the threat of lost pricing power. The report is unconfirmed or the rollback is smaller than expected. | 10:24 | |
| LONG |
Oliver Crook
Chief European Correspondent, Bloomberg |
Allies have pledged $35 billion in new military aid to Ukraine, specifically targeting "Air Defenses" and Patriot systems. RTX (Raytheon) manufactures the Patriot system. A $35B injection focused on air defense directly translates to order book growth for the prime contractors manufacturing these interceptors and batteries. LONG Defense primes, specifically those exposed to air defense systems. Geopolitical de-escalation or funding delays. | — | |
| LONG |
Sebastien Page
CIO & Head of Global Multi-Asset, T. Rowe Price |
T. Rowe Price is "barbelling" exposure. They note US Small Caps need rate cuts to perform, and they see a breakdown in correlation where Asia/Non-US markets are outperforming due to better valuations. With the US market concentrated and facing "AI Scare" volatility, capital is seeking diversification. Non-US Value and Small Caps (if the Fed cuts rates as implied by the "risk-off" bond bid) offer the best risk/reward for rotation. LONG Small Caps and International Value as a diversification play against US Tech concentration. Fed keeps rates higher for longer; global growth slows. | 6:15 | |
| LONG |
Toon Gyssels
CEO, Talabat |
Talabat reported $451M in adjusted profit (+15% YoY) and plans to pay out 90% of net earnings as dividends. They are investing $100M into grocery/dark stores. The company is balancing high growth (investing in grocery) with high shareholder returns (90% payout ratio). Dominant market share in the Gulf allows them to maintain pricing power despite competition. LONG Talabat (or parent Delivery Hero if Talabat unavailable) for yield and regional growth. Intense competition from new entrants (M1, Chinese players) eroding margins. | 0:35 |