SPDR Dow Jones Industrial Average ETF

SPDR S&P 500 ETF Trust

Invesco QQQ Trust Series 1

SPDR S&P 500 ETF TRUST - Units of undivided interest in SPDR Trust Series 1

SPY is experiencing heightened volatility and aggressive price action as investors grapple with conflicting signals regarding the war in Iran, surging crude oil prices, and President Trumps vague timeline for an exit. The community is sharply divided, with traders debating whether the market's resilience represents a genuine bull trap or a broader, manipulated effort by institutions to provide exit liquidity before a potential holiday-induced selloff.

Intuitive Machines, Inc. is a space exploration, infrastructure, and services company, which engages in contributing to the establishment of cislunar infrastructure and helping to develop cislunar and deep space commerce. It offers space products and services. The company was founded by Stephen J. Altemus, Kam Ghaffarian, and Timothy P. Crain in 2013 and is headquartered in Houston, TX.

Intuitive Machines Inc - Ordinary Shares - Class A

Intuitive Machines Inc

Intuitive Machines is surging as the community celebrates the successful Artemis II launch and anticipates the company's pivotal role in lunar infrastructure. Investors are actively discussing a potential short squeeze fueled by high volume and institutional interest, while debating the impact of upcoming NASA contract awards and the broader momentum in the space sector.

United States Oil Fund LP - United States Oil Fund

United States Oil Fund

The United States Oil Fund is experiencing intense volatility and heavy trading volume as markets closely track heightened geopolitical tensions in the Middle East and ongoing uncertainty surrounding the Strait of Hormuz. Community sentiment is deeply divided, with many traders actively debating whether the current price action represents a speculative bubble fueled by geopolitical headlines or a structural supply shock that could drive oil significantly higher.

Invesco QQQ Trust Series 1 - Units of beneficial interest

The Invesco QQQ Trust is experiencing intense volatility as investors weigh the impact of shifting geopolitical tensions and contradictory messaging from the White House regarding the Iran conflict. Market participants are actively debating whether the recent market resilience signals a robust bottom or if retail traders are being trapped by institutional liquidity as macroeconomic uncertainty persists.

Intel Corp. engages in the design, manufacture, and sale of computer products and technologies. It delivers computer, networking, data storage, and communications platforms. The firm operates through the following segments: Client Computing Group (CCG), Data Center and AI (DCAI), Intel Foundry Services (IFS), and All Other. The CCG segment consists of platforms designed for notebooks, 2-in-1 systems, desktops, tablets, phones, wireless and wired connectivity products, and mobile communication components. The DCAI segment delivers solutions to cloud service providers and enterprise customers, along with silicon devices for communications service providers and high-performance computing customers. The IFS segment refers to full stack solutions created from the foundry industry ecosystem. The All Other segment represents results from other non-reportable segments and corporate-related charges. The company was founded by Robert Norton Noyce and Gordon Earle Moore on July 18, 1968, and is headquartered in Santa Clara, CA.

Intel Corp.

Intel Corp

Intel is seeing heightened volatility as investors weigh the company's $14.2B strategic buyback of its Fab 34 stake against broader market instability and geopolitical tensions. While bulls focus on the turnaround potential and long-term capital strength, the community remains deeply divided, with many debating the impact of macroeconomic headwinds and sector-wide sentiment on the stock's immediate direction.

Eastman Kodak Co. engages in the provision of analog and digital innovations. It operates through the following segments: Traditional Printing, Digital Printing, Advanced Materials and Chemicals, and Brand. The Traditional Printing segment consists of Prepress Solutions, which includes Kodak's digital offset plate offerings and computer-to-plate imaging solutions. The Digital Printing segment contains Electrophotographic Printing Solutions, Prosper, Versamark and Software. The Advanced Materials and Chemicals segment consists of four lines of business: Industrial Film and Chemicals, Motion Picture, Advanced Materials and Functional Printing, and Kodak Services for Business (KSB). The Brand segment includes licensing of the Kodak brand to third parties. The company was founded by George Eastman in 1880 and is headquartered in Rochester, NY.

Eastman Kodak Co.

Eastman Kodak is capturing community attention as investors anticipate a major "Kodak moment" driven by the company's strategic pivot into domestic pharmaceutical API manufacturing and advanced materials. Discussion is currently focused on the potential for upcoming government contracts to strengthen the supply chain, alongside signs of operational growth in its film and print segments.

AST Spacemobile, Inc. engages in building a broadband cellular network in space to operate directly with standard, unmodified mobile devices based on an extensive IP and patent portfolio. It focuses on providing mobile broadband services with global coverage to all end-users, without the need to purchase special equipment. The company was founded by Abel Avellan on May 31, 2017 and is headquartered in Midland, TX.

AST SpaceMobile Inc - Ordinary Shares - Class A

AST SpaceMobile Inc

AST SpaceMobile is seeing high-conviction buying as investors anticipate the upcoming BlueBird 7 launch and broader growth in the space infrastructure sector. Community discussion remains heavily polarized between bulls positioning for a potential squeeze or SpaceX IPO spillover and bears expressing skepticism over execution timelines and macroeconomic volatility.

Lumentum Holdings, Inc. engages in the provision of optical and photonic products. It operates through the Cloud and Networking, and Industrial Tech segments. The Cloud and Networking segment refers to a portfolio of optical and photonic components, modules, and subsystems. The Industrial Tech segment includes solid-state lasers, kilowatt-class fiber lasers, ultrafast lasers, diode lasers, and gas lasers. The company was founded in 1979 and is headquartered in San Jose, CA.

Lumentum Holdings Inc

Lumentum Holdings is seeing extreme volatility as it undergoes S&P 500 index inclusion, driving a surge of forced institutional buying that has captured significant market attention. The community is sharply divided, with bulls pointing to the company's critical role in AI infrastructure and hyperscaler partnerships, while skeptical traders warn of unsustainable valuations and aggressive short-term price swings.

USA Rare Earth, Inc. is domestic supplier of rare earth magnets and heavy rare earth elements. It is developing a vertically integrated, domestic supply chain for rare earth element magnet production, with a facility in Stillwater, Oklahoma, and mining rights to the Round Top heavy rare earth and critical minerals deposit in West Texas. The company was founded in May 2019 and is headquartered in Stillwater, OK.

USA Rare Earth Inc. - Ordinary Shares - Class A

USA Rare Earth Inc

USA Rare Earth is trending due to heightened volatility driven by a combination of broader market sell-offs, regulatory scrutiny over government funding, and ongoing geopolitical tensions affecting the critical minerals sector. Investors are actively debating the company's valuation relative to its government-backed entry price while reacting to news of legal challenges regarding intellectual property and potential oversight of federal subsidies.

Applied Optoelectronics, Inc. engages in the design and manufacture of optical communications products. Its products include optical devices, such as laser diodes, photodiodes, related modules and circuitry, and equipment for applications in fiber-to-the-home, cable television, point to point communications, and wireless. The company was founded by Chih Hsiang Lin on February 28, 1997 and is headquartered in Sugar Land, TX.

Applied Optoelectronics Inc

Applied Optoelectronics is currently surging following the announcement of a new volume order for 800G data center transceivers from a major hyperscale client, fueling intense discussion regarding the company's role in AI infrastructure. While the community is actively debating the stock's parabolic trajectory and potential for further momentum, many traders remain hyper-focused on its high volatility and the ongoing influence of institutional positioning.

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 $EUFN $EWU $EZU $SPY $DXY   
 
ECB officials are gathering for their annual retreat as concerns build about the implications of next month’s first rate increase in more than a decade. As borrowing costs rise, investors fret about a repeat of Europe’s debt crisis, while threats of a Russian energy cutoff are fueling fears of an economic downturn. 
 
Kazaks called the risk of a recession “non-trivial” as soaring prices eat into consumption. Even so, he said he believes rates can be raised “quite quickly.” 
 
The ECB will get more information on the inflation outlook later this week, with data for June published Friday expected to show a fresh record high. Price growth is currently more than 4x the ECB’s 2% target. 
In the meantime, pressure is building on the ECB to announce a new instrument to head off panic on government-debt markets as it lifts rates. At an emergency meeting this month that followed a blowout in Italian bond yields, it agreed to accelerate work on a crisis tool.

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ECB officials are gathering for their annual retreat as concerns build about the implications of next month’s first rate increase in more than a decade. As borrowing costs rise, investors fret about a repeat of Europe’s debt crisis, while threats of a Russian energy cutoff are fueling fears of an economic downturn. 
 
Kazaks called the risk of a recession “non-trivial” as soaring prices eat into consumption. Even so, he said he believes rates can be raised “quite quickly.” 
 
The ECB will get more information on the inflation outlook later this week, with data for June published Friday expected to show a fresh record high. Price growth is currently more than 4x the ECB’s 2% target. 
In the meantime, pressure is building on the ECB to announce a new instrument to head off panic on government-debt markets as it lifts rates. At an emergency meeting this month that followed a blowout in Italian bond yields, it agreed to accelerate work on a crisis tool.

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  $EUFN $EWU $EZU $SPY $DXY   
 
President Christine Lagarde, who’ll address the conference on Tuesday, and several of her colleagues say the so-called anti-fragmentation instrument is needed to safeguard efforts to tame inflation, though they haven’t revealed full details yet.  
 
 
Kazaks said it’s important that fragmentation “should not stand in the way of monetary policy normalization.” Measures to offset the potentially stimulative effect of bond purchases may be part of the new tool, he said. 
 
“Sterilization could be an element,” Kazaks said. “My personal view is that it should be part of the instrument.” 
Any new tool “should be a backstop” and used only when it’s urgently needed, he said. 
Until the plan is presented, officials aim to smooth potential market tensions by deploying reinvestments from the ECB’s 1.7 trillion-euro ($1.8 trillion) pandemic-era asset-purchase program. 
 
https://archive.ph/t8WcF

archive.ph

   
 
President Christine Lagarde, who’ll address the conference on Tuesday, and several of her colleagues say the so-called anti-fragmentation instrument is needed to safeguard efforts to tame inflation, though they haven’t revealed full details yet.  
 
 
Kazaks said it’s important that fragmentation “should not stand in the way of monetary policy normalization.” Measures to offset the potentially stimulative effect of bond purchases may be part of the new tool, he said. 
 
“Sterilization could be an element,” Kazaks said. “My personal view is that it should be part of the instrument.” 
Any new tool “should be a backstop” and used only when it’s urgently needed, he said. 
Until the plan is presented, officials aim to smooth potential market tensions by deploying reinvestments from the ECB’s 1.7 trillion-euro ($1.8 trillion) pandemic-era asset-purchase program. 
 


   $EUFN $EWU $EZU $SPY $DXY   
 
The European Central Bank will activate the bond-purchasing firepower it’s earmarked as a first line of defense in a crisis on Friday, President Christine Lagarde said. 
 
The decision to “apply flexibility” to how reinvestments from the ECB’s pandemic emergency bond-buying portfolio are allocated is aimed at curbing unwarranted turmoil on government debt markets as interest rates are lifted from record lows. 
 
Net buying under a separate asset-purchase program is also set to end on Friday, potentially exposing some of the euro zone’s more-indebted nations to speculative attacks by investors. 
 
“We have decided to apply this flexibility in reinvesting redemptions coming due in the PEPP portfolio as of 1 July,” Lagarde said Tuesday in a speech in Sintra, Portugal.

   
 
The European Central Bank will activate the bond-purchasing firepower it’s earmarked as a first line of defense in a crisis on Friday, President Christine Lagarde said. 
 
The decision to “apply flexibility” to how reinvestments from the ECB’s pandemic emergency bond-buying portfolio are allocated is aimed at curbing unwarranted turmoil on government debt markets as interest rates are lifted from record lows. 
 
Net buying under a separate asset-purchase program is also set to end on Friday, potentially exposing some of the euro zone’s more-indebted nations to speculative attacks by investors. 
 
“We have decided to apply this flexibility in reinvesting redemptions coming due in the PEPP portfolio as of 1 July,” Lagarde said Tuesday in a speech in Sintra, Portugal.

    $EUFN $EWU $EZU $SPY $DXY   
 
The availability of pandemic reinvestments has been touted as an initial crisis-fighting tool since Dec last year, though the ECB didn’t choose to resort to that option until an emergency meeting on June 15 that followed a surge in Italian yields. 
 
Italian bonds trimmed declines Tue, narrowing the 10yr yield premium over its German counterpart -- a key gauge of risk in the region -- by 6bps to 191bps, the lowest since Thu. 
The ECB is also working on a new instrument to tackle the same issue -- known as fragmentation -- and is expected to announce something in the coming weeks 
 
the tool will allow rates to rise “as far as necessary,” complementing efforts to stabilize inflation at the 2% target -- a quarter of the current level. 
 
“We will ensure that the orderly transmission of our policy stance throughout the euro area is preserved; We will address every obstacle that may pose a threat to our price-stability mandate.” 
 
https://archive.ph/NeZoK

   
 
The availability of pandemic reinvestments has been touted as an initial crisis-fighting tool since Dec last year, though the ECB didn’t choose to resort to that option until an emergency meeting on June 15 that followed a surge in Italian yields. 
 
Italian bonds trimmed declines Tue, narrowing the 10yr yield premium over its German counterpart -- a key gauge of risk in the region -- by 6bps to 191bps, the lowest since Thu. 
The ECB is also working on a new instrument to tackle the same issue -- known as fragmentation -- and is expected to announce something in the coming weeks 
 
the tool will allow rates to rise “as far as necessary,” complementing efforts to stabilize inflation at the 2% target -- a quarter of the current level. 
 
“We will ensure that the orderly transmission of our policy stance throughout the euro area is preserved; We will address every obstacle that may pose a threat to our price-stability mandate.” 
 


 Libya&#39;s state-owned NOC has informed some customers of force majeure restrictions at the eastern Ras Lanuf crude export terminal, according to a trade and a shipping source. 
 
One of the sources said the measure, which covers NOC for an inability to supply customers for circumstances outside its control, came into effect at the port today. An official force majeure notice has yet to be circulated to all clients, traders said. 
 
NOC said on 27 June that blockades at Ras Lanuf and at the Es Sider port could push it to declare force majeure in the Gulf of Sirte region, which covers both terminals, effective within 72 hours. It is unclear if Es Sider had been placed under force majeure. Production at the Waha Oil company, which feeds into the Es Sider export grade, had been completely disrupted as of the start of this week. 
 
$USO $BNO $XLE $XOP $SPY

United States Commodity Funds LLC - United States Brent Crude Oil Fund

 Libya's state-owned NOC has informed some customers of force majeure restrictions at the eastern Ras Lanuf crude export terminal, according to a trade and a shipping source. 
 
One of the sources said the measure, which covers NOC for an inability to supply customers for circumstances outside its control, came into effect at the port today. An official force majeure notice has yet to be circulated to all clients, traders said. 
 
NOC said on 27 June that blockades at Ras Lanuf and at the Es Sider port could push it to declare force majeure in the Gulf of Sirte region, which covers both terminals, effective within 72 hours. It is unclear if Es Sider had been placed under force majeure. Production at the Waha Oil company, which feeds into the Es Sider export grade, had been completely disrupted as of the start of this week. 
 


  
$USO $BNO $XLE $XOP $SPY   
 
NOC did not immediately respond to a request for comment. 
 
Export terminals Marsa el-Brega and Zueitina have been under force majeure since the second half of April because of protests. Demonstrators have threatened but are yet to implement closures at the Marsa el-Hariga port. 
 
https://www.argusmedia.com/en/news/2345651-libyas-ras-lanuf-terminal-under-force-majeure-sources

Reggie

The 🎱's

Libya&#39;s state-owned NOC has informed some customers of force majeure restrictions at the eastern Ras Lanuf crude export terminal, according to a trade and a shipping source.

Argusmedia

Libya's Ras Lanuf terminal under force majeure: Sources | Argus Media

   
 
NOC did not immediately respond to a request for comment. 
 
Export terminals Marsa el-Brega and Zueitina have been under force majeure since the second half of April because of protests. Demonstrators have threatened but are yet to implement closures at the Marsa el-Hariga port. 
 


 US profit margin estimates are too optimistic, putting stocks at risk of more declines when Wall Street analysts downgrade their expectations, according to Goldman Sachs Group Inc. strategists. 
 
“While rotations within the equity market have signaled expectations of slowing growth, index valuation does not appear to be providing a buffer for the uncertainty around the path of future earnings,” strategists led by Ben Snider wrote in a note dated June 27. Profit margins for the median S&amp;P 500 company will likely decline next year, whether or not the economy falls into recession, the strategists said. 
 
US stocks are in a bear market, with the S&amp;P 500 headed for its worst first half since Richard Nixon’s presidency as fears of a potential global recession hammer risk appetite. But analysts have continued to be bullish about corporate earnings expectations, with net margin estimates for S&amp;P 500 companies still at a record high. 
 
$SPY $QQQ $IWM $TLT $TBT

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 US profit margin estimates are too optimistic, putting stocks at risk of more declines when Wall Street analysts downgrade their expectations, according to Goldman Sachs Group Inc. strategists. 
 
“While rotations within the equity market have signaled expectations of slowing growth, index valuation does not appear to be providing a buffer for the uncertainty around the path of future earnings,” strategists led by Ben Snider wrote in a note dated June 27. Profit margins for the median S&P 500 company will likely decline next year, whether or not the economy falls into recession, the strategists said. 
 
US stocks are in a bear market, with the S&P 500 headed for its worst first half since Richard Nixon’s presidency as fears of a potential global recession hammer risk appetite. But analysts have continued to be bullish about corporate earnings expectations, with net margin estimates for S&P 500 companies still at a record high. 
 


 $SPY $QQQ $IWM $TLT $TBT   
 
HSBC Plc’s Max Kettner also said in a note that equity markets are still under-pricing the impact of a potential recession, while earnings and growth expectations are at risk of being revised lower. Morgan Stanley’s Lisa Shalett said on Monday analysts need a reality check about their earnings projections for this quarter. 
 
“Economists have begun to cut their top-down economic forecasts for GDP, and yet fundamental company analysts are sitting there like deer in headlights not knowing what to do with numbers,” the Morgan Stanley Wealth Management chief investment officer said on Bloomberg TV.  
 
Goldman strategists expect aggregate S&amp;P 500 net profit margins to remain flat in 2023, even if the economy doesn’t contract. The risk is lower for the 10 biggest S&amp;P 500 companies, they said, which account for 19% of the index’s earnings. The energy sector will also be a tailwind for aggregate index margins, benefiting from higher commodity prices.

Jay Deets

   
 
HSBC Plc’s Max Kettner also said in a note that equity markets are still under-pricing the impact of a potential recession, while earnings and growth expectations are at risk of being revised lower. Morgan Stanley’s Lisa Shalett said on Monday analysts need a reality check about their earnings projections for this quarter. 
 
“Economists have begun to cut their top-down economic forecasts for GDP, and yet fundamental company analysts are sitting there like deer in headlights not knowing what to do with numbers,” the Morgan Stanley Wealth Management chief investment officer said on Bloomberg TV.  
 
Goldman strategists expect aggregate S&P 500 net profit margins to remain flat in 2023, even if the economy doesn’t contract. The risk is lower for the 10 biggest S&P 500 companies, they said, which account for 19% of the index’s earnings. The energy sector will also be a tailwind for aggregate index margins, benefiting from higher commodity prices.

  $SPY $QQQ $IWM $TLT $TBT   
 
“We continue to recommend investors focus on stocks where they can be relatively confident in the forward trajectory of earnings, including firms with stable growth and the Health Care sector, which has grown earnings in each of the last several recessions,” the team said. 
 
https://archive.ph/csc3k

   
 
“We continue to recommend investors focus on stocks where they can be relatively confident in the forward trajectory of earnings, including firms with stable growth and the Health Care sector, which has grown earnings in each of the last several recessions,” the team said. 
 


 The European Central Bank will likely drain cash from the banking system to offset any bond purchases made to cap borrowing costs for indebted euro zone states, two sources told Reuters. 
 
Bond yields for Italy and other debt-laden countries have surged since the ECB unveiled plans to stop buying debt and raise its interest rates for the first time in over a decade next month to fight runaway inflation. 
 
The market turmoil has forced the ECB to speed up work on a new bond-buying scheme to curb yields. This leaves it in the difficult position of raising borrowing costs for the euro zone as a whole, while at the same time capping them for some of its weaker members. 
 
To avoid this apparent contradiction, the ECB is considering pairing the new bond-purchase scheme with auctions at which banks can park cash at the ECB for a more favourable interest rate than the ordinary rate on deposits, the sources with direct knowledge of the matter said. 
 
$SPY $EZU $EWU $EUFN $DXY

 The European Central Bank will likely drain cash from the banking system to offset any bond purchases made to cap borrowing costs for indebted euro zone states, two sources told Reuters. 
 
Bond yields for Italy and other debt-laden countries have surged since the ECB unveiled plans to stop buying debt and raise its interest rates for the first time in over a decade next month to fight runaway inflation. 
 
The market turmoil has forced the ECB to speed up work on a new bond-buying scheme to curb yields. This leaves it in the difficult position of raising borrowing costs for the euro zone as a whole, while at the same time capping them for some of its weaker members. 
 
To avoid this apparent contradiction, the ECB is considering pairing the new bond-purchase scheme with auctions at which banks can park cash at the ECB for a more favourable interest rate than the ordinary rate on deposits, the sources with direct knowledge of the matter said. 
 


  
$SPY $EZU $EWU $EUFN $DXY    
 
This would allow the ECB to &#39;sterilise&#39; the bond purchases under the new scheme, in a repeat of its weekly &quot;liquidity-absorbing&quot; operations of a decade ago. These offered banks an interest rate up to that of the ECB&#39;s refinancing operation, then 0.25%. 
 
An ECB spokeswoman declined to comment. 
 
Unlike a decade ago, the ECB has created 4.48 trillion euros ($4.74 trillion) of excess reserves in the banking system via a plethora of stimulus over the past decade, creating ample room for manoeuvre. 
 
The planned solution would also be more convenient than selling bonds from countries where borrowing costs are lower, such as Germany, as this would likely cause losses for the local central bank. 
 
Bank of Italy governor Ignazio Visco alluded to such a move earlier this month, when he said the ECB did not need to sell bonds to sterilise its purchases and could work with interest rates instead. read more

    
 
This would allow the ECB to 'sterilise' the bond purchases under the new scheme, in a repeat of its weekly "liquidity-absorbing" operations of a decade ago. These offered banks an interest rate up to that of the ECB's refinancing operation, then 0.25%. 
 
An ECB spokeswoman declined to comment. 
 
Unlike a decade ago, the ECB has created 4.48 trillion euros ($4.74 trillion) of excess reserves in the banking system via a plethora of stimulus over the past decade, creating ample room for manoeuvre. 
 
The planned solution would also be more convenient than selling bonds from countries where borrowing costs are lower, such as Germany, as this would likely cause losses for the local central bank. 
 
Bank of Italy governor Ignazio Visco alluded to such a move earlier this month, when he said the ECB did not need to sell bonds to sterilise its purchases and could work with interest rates instead. read more

 $SPY $EZU $EWU $EUFN $DXY    
 
 
The new scheme, aimed at fighting financial fragmentation between euro zone countries, will be unveiled at the ECB&#39;s Governing Council meeting of July 21. 
 
Details are still being ironed out but it should come with loose strings attached for beneficiary countries, such as a requirement that they comply with the European Commission&#39;s economic recommendations. read more 
 
ECB policymakers are gathering in Sintra, Portugal, this week for their annual forum. 
 
https://www.reuters.com/markets/rates-bonds/ecb-drain-cash-offset-new-yield-capping-scheme-sources-2022-06-28/

SINTRA, Portugal, June 28 (Reuters) - The European Central Bank will likely drain cash from the banking system to offset any bond purchases made to cap borrowing costs for indebted euro zone states, two sources told Reuters.

Reuters

ECB to drain cash in offset to new yield-capping scheme -sources

    
 
 
The new scheme, aimed at fighting financial fragmentation between euro zone countries, will be unveiled at the ECB's Governing Council meeting of July 21. 
 
Details are still being ironed out but it should come with loose strings attached for beneficiary countries, such as a requirement that they comply with the European Commission's economic recommendations. read more 
 
ECB policymakers are gathering in Sintra, Portugal, this week for their annual forum. 
 


 $XLE $XOP $OIH  $BP $SPY   
 
 
The world&#39;s energy consumption rose by 5.8% in 2021 to surpass pre-pandemic levels, which led to a 5.7% increase in greenhouse gas emissions from energy use, BP (NYSE:BP) said in its annual Statistical Review of World Energy, published Tuesday. 
 
&quot;Carbon emissions have risen in every year since the Paris goals were agreed,&quot; expect for 2020, BP (BP) Chief Economist Spencer Dale said. &quot;The world remains on an unsustainable path.&quot; 
 
Global oil demand in 2021 grew by 5.7M bbl/day to 96.9M bbl/day, according to BP&#39;s report, but was still 3.7M bbl/day below pre-pandemic levels, driven mostly by weakness in the aviation industry, which was one-third below pre-COVID levels. 
 
Fossil fuels accounted for 82% of primary energy use last year, compared to 83% in 2019 and 85% five years ago, the report said.

VanEck Oil Services ETF

BP plc - ADR

   
 
 
The world's energy consumption rose by 5.8% in 2021 to surpass pre-pandemic levels, which led to a 5.7% increase in greenhouse gas emissions from energy use, BP (NYSE:BP) said in its annual Statistical Review of World Energy, published Tuesday. 
 
"Carbon emissions have risen in every year since the Paris goals were agreed," expect for 2020, BP (BP) Chief Economist Spencer Dale said. "The world remains on an unsustainable path." 
 
Global oil demand in 2021 grew by 5.7M bbl/day to 96.9M bbl/day, according to BP's report, but was still 3.7M bbl/day below pre-pandemic levels, driven mostly by weakness in the aviation industry, which was one-third below pre-COVID levels. 
 
Fossil fuels accounted for 82% of primary energy use last year, compared to 83% in 2019 and 85% five years ago, the report said.

  $XLE $XOP $OIH  $BP $SPY   
 
Demand for natural gas rose 5.3% in 2021, topping pre-pandemic 2019 levels and crossing the 4T cm level for the first time. 
 
Coal consumption rose by more than 6%, slightly above 2019 levels and its highest level since 2014. 
 
&quot;The pronounced dip in carbon emissions in 2020 was only temporary,&quot; Dale said while also pointing to strong growth in wind and solar, accounting for 13% of total power generation. 
 
https://seekingalpha.com/news/3852672-world-energy-consumption-topped-pre-pandemic-levels-in-2021-bp-study-says?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain

The world's energy consumption rose by 5.8% in 2021 to surpass pre-pandemic levels, which led to a 5.7% increase in greenhouse gas emissions from energy use, BP () said in its annual Statistical Review of World Energy , published Tuesday.

SeekingAlpha

World energy consumption topped pre-pandemic levels in 2021, BP study says (NYSE:BP)

   
 
Demand for natural gas rose 5.3% in 2021, topping pre-pandemic 2019 levels and crossing the 4T cm level for the first time. 
 
Coal consumption rose by more than 6%, slightly above 2019 levels and its highest level since 2014. 
 
"The pronounced dip in carbon emissions in 2020 was only temporary," Dale said while also pointing to strong growth in wind and solar, accounting for 13% of total power generation. 
 


 The American Petroleum Institute reported on Tuesday that its weekly data showed a 3.8M-barrel draw in U.S. crude inventories, a 2.85M-barrel build in gasoline stocks and a 2.6M-barrel build in distillate inventories, according to Dow Jones. 
 
Data due Wednesday from the U.S. Department of Energy&#39;s Energy Information Administration is forecast to show U.S. oil inventories declined by 800K barrels for the week ended June 24. 
 
The DoE survey also is expected to include a weekly report for the week ending June 17, which was supposed to be published last week but was delayed by damage to the government&#39;s computer hardware systems. 
 
$USO $XLE $XOP $CL_F $SPY  
 
https://seekingalpha.com/news/3852667-us-crude-stockpiles-fell-38m-barrels-api-weekly-report?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain

Jun. 28, 2022 5:41 PM ET , By: The United States Oil ETF, LP (USO) OLEM, OILK, Carl Surran, SA News Editor NRGU USOI, DBO, USL, SCO, UCO The American Petroleum Institute reported on Tuesday that its weekly data showed a 3.8M-barrel draw in U.S.

U.S. crude stockpiles fell 3.8M barrels - API weekly report (NYSEARCA:USO)

Light, Sweet Crude Oil Futures

 The American Petroleum Institute reported on Tuesday that its weekly data showed a 3.8M-barrel draw in U.S. crude inventories, a 2.85M-barrel build in gasoline stocks and a 2.6M-barrel build in distillate inventories, according to Dow Jones. 
 
Data due Wednesday from the U.S. Department of Energy's Energy Information Administration is forecast to show U.S. oil inventories declined by 800K barrels for the week ended June 24. 
 
The DoE survey also is expected to include a weekly report for the week ending June 17, which was supposed to be published last week but was delayed by damage to the government's computer hardware systems. 
 


 $TAL $GOTU $EDU $KWEB $CWEB    
 
TAL Education Group (NYSE:TAL) is seeking to stay on the NYSE despite threats of delisting from the SEC. 
 
 
The Chinese education technology company was added to a list of companies that face delisting from U.S. exchanges under the Holding Foreign Companies Accountable Act on Friday. The company joins tens of China-based companies that have been cited as failing to meet U.S. auditing standards. 
 
 
On Tuesday, the company indicated it is “evaluating all strategic options to protect the interest of its stakeholders” and will comply with the decisions of regulators in both the U.S. and China. In doing so, the company stated its hope to placate U.S. regulators and maintain its listing status on the New York Stock Exchange. 
 
https://seekingalpha.com/news/3852322-tal-education-addresses-delisting-risk-affirms-intention-to-stay-nyse-listed?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain

TAL Education Group (NYSE: TAL) is seeking to stay on the NYSE despite threats of delisting from the SEC. The Chinese education technology company was added to a list of companies that face delisting from U.S. exchanges under the Holding Foreign Companies Accountable Act on Friday.

TAL Education addresses delisting risk, affirms intention to stay NYSE listed (NYSE:TAL)

Gaotu Techedu Inc - ADR

New Oriental Education & Technology Group

TAL Education Group, Inc.

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TAL Education Group (NYSE:TAL) is seeking to stay on the NYSE despite threats of delisting from the SEC. 
 
 
The Chinese education technology company was added to a list of companies that face delisting from U.S. exchanges under the Holding Foreign Companies Accountable Act on Friday. The company joins tens of China-based companies that have been cited as failing to meet U.S. auditing standards. 
 
 
On Tuesday, the company indicated it is “evaluating all strategic options to protect the interest of its stakeholders” and will comply with the decisions of regulators in both the U.S. and China. In doing so, the company stated its hope to placate U.S. regulators and maintain its listing status on the New York Stock Exchange. 
 


 Apple ($AAPL) may have &quot;failed&quot; with the development of its own 5G modem chip, so it is likely to keep using Qualcomm&#39;s ($QCOM) offerings, according to one analyst. 
 
TF International Securities analyst Ming-Chi Kuo tweeted on Tuesday that his latest survey indicates that Apple (AAPL) was not successful with its development to replace Qualcomm (QCOM) and instead of using its own chips for modems, it will use Qualcomm for 100% of its supplies, compared to Qualcomm&#39;s (QCOM) own previous estimates of 20%. 
 
The analyst did not say what caused the failure and Apple (AAPL) did not immediately respond to a request for comment. 
 
The implications for Qualcomm (QCOM) are positive, in that Kuo estimates the San Diego-based tech company will &quot;likely&quot; beat Wall Street&#39;s estimates for the second half of 2023 and first of 2024 for both revenue and earnings. 
 
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) may have "failed" with the development of its own 5G modem chip, so it is likely to keep using Qualcomm's (

) offerings, according to one analyst. 
 
TF International Securities analyst Ming-Chi Kuo tweeted on Tuesday that his latest survey indicates that Apple (AAPL) was not successful with its development to replace Qualcomm (QCOM) and instead of using its own chips for modems, it will use Qualcomm for 100% of its supplies, compared to Qualcomm's (QCOM) own previous estimates of 20%. 
 
The analyst did not say what caused the failure and Apple (AAPL) did not immediately respond to a request for comment. 
 
The implications for Qualcomm (QCOM) are positive, in that Kuo estimates the San Diego-based tech company will "likely" beat Wall Street's estimates for the second half of 2023 and first of 2024 for both revenue and earnings. 
 


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Kuo added that he believes Apple ($AAPL) will continue to develop its own 5G chips, but once it is successful enough, Qualcomm ($QCOM) should not be impacted, given its other businesses will likely have grown enough to &quot;significantly offset&quot; the negative impact from the loss. 
 
https://seekingalpha.com/news/3852552-apple-may-keep-using-qualcomm-modem-chip-after-potentially-failing-with-its-own-analyst?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain

Apple (NASDAQ:NASDAQ: AAPL) may have "failed" with the development of its own 5G modem chip, so it is likely to keep using Qualcomm's ( QCOM) offerings, according to one analyst.

Apple may keep using Qualcomm modem chip after potentially failing with its own: analyst

) will continue to develop its own 5G chips, but once it is successful enough, Qualcomm (

) should not be impacted, given its other businesses will likely have grown enough to "significantly offset" the negative impact from the loss. 
 


Speaking to the Financial Times at a conference in Brussels Monday, Exxon&#39;s ($XOM) CEO Darren Woods indicated that energy prices are likely to remain elevated. 
 
Woods said governments failed to deal &quot;with the demand side of the equation&quot; when coordinating a transition away from fossil fuels. 
Going on to say that governments did not recognize that &quot;you need a fairly robust set of alternative solutions if you&#39;re going to reliably and affordably meet the needs of people.&quot; 
 
By restricting fossil fuel supply before developing adequate alternative solutions, policymakers have stunted oil and gas investment -- as Woods highlighted, &quot;these are multibillion-dollars investments with long time horizons ... how do you think about that with the uncertainty associated with the transition? That is a difficult balance to strike.&quot; 
Nevertheless, Woods said, &quot;the cure to high prices is high prices. And that&#39;s exactly what I think we&#39;ll see.&quot; 
 
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https://seekingalpha.com/news/3852463-exxon-ceo-darren-woods-says-the-cure-for-high-prices-will-be-high-prices?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain

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Ashton Plowe

Speaking to the Financial Times at a conference in Brussels Monday, Exxon's (XOM) CEO Darren Woods indicated that energy prices are likely to remain elevated. Woods said governments...

Exxon CEO Darren Woods says the cure for high prices will be high prices

Exxon Mobil Corp

Speaking to the Financial Times at a conference in Brussels Monday, Exxon's (

) CEO Darren Woods indicated that energy prices are likely to remain elevated. 
 
Woods said governments failed to deal "with the demand side of the equation" when coordinating a transition away from fossil fuels. 
Going on to say that governments did not recognize that "you need a fairly robust set of alternative solutions if you're going to reliably and affordably meet the needs of people." 
 
By restricting fossil fuel supply before developing adequate alternative solutions, policymakers have stunted oil and gas investment -- as Woods highlighted, "these are multibillion-dollars investments with long time horizons ... how do you think about that with the uncertainty associated with the transition? That is a difficult balance to strike." 
Nevertheless, Woods said, "the cure to high prices is high prices. And that's exactly what I think we'll see." 
 


 Intel ($INTC) is reportedly cutting the price of its Alder Lake CPUs due to continued weakness in the PC market, according to DIGITIMES. 
 
The news outlet, citing sources from the upstream supply chain, noted that orders for the second-half of the year are &quot;far weaker than expected.&quot; 
 
Investment firms Morgan Stanley and Citi have both recently warned about waning demand for the PC market and its implications on Intel (INTC), which still generates a significant portion of its revenue from consumer PC sales. 
 
Intel (INTC) Chief Financial Officer David Zinsner spoke at an investment conference earlier this month and suggested the company may see some short-term bumps in the road, noting reduced inventory levels and issues with China&#39;s reopening following its COVID-related lockdowns. 
 
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https://seekingalpha.com/news/3852605-ubs-slashes-estimates-on-ecommerce-names-as-recession-risks-rise?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Csection_asset%3Amore_trending_news%7Cline%3A5

In a lengthy research note outlining multiple market scenarios, UBS advised clients to temper overly bullish outlooks on numerous eCommerce stocks. According to the bank's research, risks of a recession have doubled from 13% to 26% in recent months with a significant slowdown in consumer spending anticipated even if full recession is averted.

UBS slashes estimates on eCommerce names as recession risks rise

Advanced Micro Devices Inc

) is reportedly cutting the price of its Alder Lake CPUs due to continued weakness in the PC market, according to DIGITIMES. 
 
The news outlet, citing sources from the upstream supply chain, noted that orders for the second-half of the year are "far weaker than expected." 
 
Investment firms Morgan Stanley and Citi have both recently warned about waning demand for the PC market and its implications on Intel (INTC), which still generates a significant portion of its revenue from consumer PC sales. 
 
Intel (INTC) Chief Financial Officer David Zinsner spoke at an investment conference earlier this month and suggested the company may see some short-term bumps in the road, noting reduced inventory levels and issues with China's reopening following its COVID-related lockdowns. 
 


 Farfetch Limited ($FTCHF) shares saw a steep slide on Tuesday as UBS indicated upside is limited for the luxury retailer. 
 
 
A research note to clients indicated that exposure to both Russia and China, weakening consumers, and lower multiples for eCommerce companies should hurt the stock. Additionally, he expected that company management’s forecasts for GMV growth are also likely overoptimistic, increasing risks for earnings disappointments. 
 
 
At the current valuation, further economic turmoil and slowing sales due to these factors should cause shares to “de-rate further as expectations rationalize and reflect a worsened macro outlook.” 
 
 
The team of analysts at the Swiss bank reduced their price target on the stock to $10 from a prior $13 while downgrading the stock from “Buy” to “Neutral”. 
 
 
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Canada Goose Holdings Inc - Ordinary Shares (Subord Vot Shs)

Farfetch Ltd - Ordinary Shares - Class A

 Farfetch Limited ($FTCH) shares saw a steep slide on Tuesday as UBS indicated upside is limited for the luxury retailer. 
 
 
A research note to clients indicated that exposure to both Russia and China, weakening consumers, and lower multiples for eCommerce companies should hurt the stock. Additionally, he expected that company management’s forecasts for GMV growth are also likely overoptimistic, increasing risks for earnings disappointments. 
 
 
At the current valuation, further economic turmoil and slowing sales due to these factors should cause shares to “de-rate further as expectations rationalize and reflect a worsened macro outlook.” 
 
 
The team of analysts at the Swiss bank reduced their price target on the stock to $10 from a prior $13 while downgrading the stock from “Buy” to “Neutral”. 
 
 
