Mitesh Madhani

dow hits a new all-time record while nvidia drops 2.6% and qualcomm falls almost 10% chips getting sold, consumer stocks getting bought wild rotation today honestly M(095)

@KobeissiLetter wall street buying ai stocks with one hand and insuring against them with the other

Wall Street is ramping up hedges against Big Tech: The total net notional value of credit default swaps (CDS) outstanding on major tech firms is up +$1.0 billion so far in Q2 2026, to a record $12.5 billion. The total value of debt being insured against default on these companies is up +500% since Q2 2025. Oracle, $ORCL, leads with ~$6.5 billion, followed by Amazon, $AMZN, at ~$2.0 billion, and Alphabet, $GOOGL, at ~$2.0 billion. At the same time, Microsoft, $MSFT, stands at ~$1.0 billion, Meta, $META, at ~$800 million, and Nvidia, $NVDA, at ~$200 million. Furthermore, monthly notional trading volumes of Big Tech CDS trading at Bank of America are up +900% since the start of 2025. For context, most of these CDS contracts did not trade actively until 2025. Corporate borrowing tied to AI is exploding.

@binance government entities at 3.1% is the one nobody's talking about

Bitcoin’s holder base is evolving as institutional participation becomes a larger part of the market. Public companies, ETFs, and other entities are now key drivers of demand. ₿

@NBA atlanta trying to hold that 1 seed tonight 👀

Get ready for this doubleheader tonight 🔥 The action begins at 7:00pm/et on USA Network

@XFreeze yeah this is a big one. Once Starlink gets spectrum access, direct-to-cell stops feeling like a side quest.

Big move from the EU! 🇪🇺 The European Commission just opened the door for non-European operators like Starlink and Amazon Kuiper to bid for mobile satellite spectrum across Europe Two-thirds of the spectrum will be split equally between EU and non-EU companies for commercial use, with the remaining third reserved for government use (tied to IRIS²) This is a real breakthrough for direct-to-cell services in Europe. Starlink just got a major foothold on the continent we all know EU launch capabilities… The competition will be like waiting for rain in the Sahara

@zerohedge funny how every tech cycle eventually becomes a margin question

From Singularity To Tokenomics: The AI Narrative Just Hit A Serious Snag zerohedge.com/ai/singularity…

@themarketear Yeah that’s not “just a red day.” That’s the leverage trade finally coughing. Semis can still be the main story. But this chart is basically everyone realizing 3x works both ways.

Biggest SOXL Down Candle Ever zerohedge.com/the-market-ear…

@zerohedge 12 straight tailing treasury auctions means foreign demand for US debt keeps coming in weaker than expected longest streak ever while the s&p is at all time highs the bond market is quietly sending a different signal

5Y auction high yield 4.182%, WI 4.181%, 0.1bps tail, 12th tail in a row - longest stretch in history

@MadelnCanada that purple sky behind the cn tower is not real looking but it is

@RCBTweets Best RCB Duo

Biscotti and Biscuit 🥹❤️‍🔥🫂

@KP24 the audacity of a 14 year old saying that out loud is half the battle

Vaibhav told me he wants to score 200 in a T20. I believe him!

@sachin_rt when sachin tendulkar breaks down your technique you've arrived vaibhav sooryavanshi is 14 years old and getting a masterclass from the goat

Vaibhav Sooryavanshi’s bat swing has been outstanding. What’s even more remarkable is how beautifully he clears his front foot to create room for balls aimed at his legs. This freedom allows him to play the way he does. That innings was nothing short of spectacular!

@KobeissiLetter japan oil imports -59% nikkei at all time highs on iran peace deal hopes kospi breadth rolling over the entire asian market rally is built on one deal holding together

Japan's oil market is experiencing a historic shock: Japan's crude oil imports dropped -59% MoM, to 900,000 barrels per day in April, following the outbreak of the Iran War and the closure of the Strait of Hormuz. This comes as Japan relies on the Middle East for over 90% of its crude oil supply. Meanwhile, May imports are projected to rise +89% MoM, to 1.7 million barrels per day, or ~75% of pre-war levels. This recovery is expected to be supported by alternative crude procurement from outside the Strait of Hormuz, including US supplies and Saudi Arabian cargoes via the Red Sea, as well as shipments that transited the Strait in late April. The country has also conducted two emergency oil reserve releases to stabilize its market, with stockpiles now down to 202 days of supply, from 243 days at the end of February. Japan is scrambling for oil alternatives.

@zerohedge headline index up. equal weight struggling. it's the same story in every market right now. a few big names carrying everything.

Going Seoul, Oh! BTIG Warns Historic Divergences In KOSPI Suggest 'Extreme Caution' zerohedge.com/markets/going-…

@XFreeze doing things considered impossible 170 launches a year and they filed to go public this weekend the timing of all this footage dropping is not accidental

Starship executing a flawless controlled splashdown in the ocean A 52-meter stainless steel skyscraper casually doing things that were once considered impossible

@Barchart nobody talks about cocoa until it's up 10% then everyone's a cocoa expert

Cocoa rips nearly 10% for its 5th biggest gain this century 📈🍫

@zerohedge CTAs went from max short in april to all in long in 6 weeks that v-shape wasn't just price. it was positioning. this is why the rally felt so violent.

Stock CTAs: all in

@zerohedge survey says 45% use AI at work but only 12% used it every day last week that gap between "use AI" and "use AI daily" is the whole story

Latest AI Adoption Surveys Show Concerning Trend zerohedge.com/markets/latest…

@cbart2007 @zerohedge fair point. even within the market it's AI vs everything else. nvidia up. utilities record lows. walmart down. the divergence is inside the market too not just outside it.

@MitVRM @zerohedge bro, the stock market and the stock market are not the same thing right now

Condo Prices Already Dropped By Up To 33% In 24 Bigger Markets zerohedge.com/markets/oh-dea…