The usual end-of-month table of returns for major asset classes/assets.
The month of May was generally favorable for investors, although not universally so.
This included quite a recovery from the April losses for the NASDAQ and Bitcoin
Oil lost in May half of its YTD price gain

#NVDA after Blackwell comes #Rubin .
The company plans to release new AI chip models on a “one-year rhythm.
Performance Ytd +120%

IPC #Euro atteso a 2,5% ( +0,1% prima accelerazione dell’anno). Core 2,7%.
Attese #Bce mercato: tre tagli nel 2024 (di cui due fully priced in).

Happy #PCE day to everyone.

Da Bruxelles, in occasione dell'ultimo consiglio energia prima del voto, a Milano: il viaggio di Sustainable Future Energy Summit nel futuro dell'energia raccontato da leader di settore ed esperti internazionali.

Rinnovabili, molecole decarbonizzate, infrastrutture e reti,

A week into Britain’s general-election campaign, the ruling Conservatives have been fractious. The opposition Labour Party has remained opaque. Neither approach serves the country well econ.st/4aEooP1 👇

#BYD nuova ibrida, powertrain regge 2000km di autonomia. Ovvero da new York City a Miami.

#Apple e #Nvda mai così vicine.
#Nvda capitalizza 2,848 trilioni di $.
Delta tra le due ieri in chiusura inferiore a 70 mld $.
Performance inizio anno +130%, maggio +30%.
In tre anni atteso cashflow 240 mld $.
Se ne usasse 200 per buyback ridurrebbe numero azioni dell'8%.

#May impressive gains:
S&P 500 +5.4%
Dow Jones. +2.7%
Nasdaq +8.7%
nonostante revisione aspettative tagli #Fed .
Chances #Fed on hold a settembre prezzate al 54%

l' #EMA ha approvato l'insulina settimanale Awiqli di Novo Nordisk prima al mondo per trattamento diabete adulti

#FMi rivede il pil della #Cina al rialzo nel 2024 al 5% e al 4,5% nel 2025. Aumento dello 0,4% rispetto a previsioni aprile.

#Politico 'Indeed #Meloni is now in the position of European kingmaker after the EU-wide elections, as von der Leyen urgently needs her support both in Council and in Parliament if she wants to serve another five years running the Commission from the Berlaymont'

#ECB rate cut probability next week at 92%

#Macron “Europe is the last place where we’re open to the rest of the world without a European preference and without rules'

#AWS pronta a investire mld in nuovi data center per #cloud .
La società sta considerando di espandere il sito di Milano o costruirne uno nuovo.

Things will be bumpy and things will be gradual
#ECB #Lane to Ft

#ECB Will Need to Be Restrictive All Year Long
#Lane

#Macron state visit to #Berlin
On the agenda:
Capital Market Union
Job creation & economic growth
#Ai

Jensen #Huang in #Taiwan
“Taiwan is at the epicenter of the world’s technology supply chain”
“The technology industry depends very heavily on Taiwan and continues to for some time.”

🇮🇹 🇪🇺 Thank you, Giancarlo Giorgetti, Minister of Economy and Finance, and Fabio Panetta, Governor of the Bank of Italy for hosting us in beautiful Stresa, Italy, for the #G7 meetings.