Was SK Hynix's US Debut The AI Bubble Top? BNP Says It's Still 1998

Key Events This Week: CPI, PPI, Retail Sales, Warsh Testifies, China Data, And Earnings Galore As well as two epic World Cup semi-finals before that, and the start of the Open golf it’s a packed week ahead in markets, writes DB's Jim Reid. The headline events are tomorrow’s US CPI and Wednesday’s US PPI, alongside Fed Chair Warsh’s first Humphrey–Hawkins testimony before the House Financial Services Committee (tomorrow) and the Senate Banking Committee (Wednesday). Elsewhere, key data includes China’s Q2 GDP and their monthly data dump (Wednesday) and the UK’s May...

The 10-day ceasefire between Israel and Lebanon has been extended for another three weeks, according to President Trump who said high-profile meetings in the Oval Office went “very well” and ended with a plan for Israeli Prime Minister Benjamin Netanyahu and Lebanese President Joseph Aoun to meet in the coming weeks. Israeli FM Gideon Saar […]

JetBlue Plans 30-40% "Fuel Recapture" Fare Hikes, Capacity Cuts To Cover Rising Costs Thanks to the war in Iran, JetBlue Airlines is passing the cost along to us - announcing during Q1 earnings on Tuesday that while the airline had strong revenue performance, prices are going up due to rising fuel costs.  A JetBlue Embraer 190 taxis on the tarmac at Ronald Reagan Washington National Airport in Arlington, Va., on June 29, 2021. Daniel Slim/AFP via Getty Images "While the macro environment, particularly fuel, has become more volatile, we are taking decisive actions to manage...