The war halts (maybe) and Wall Street explodes: Nasdaq +2.54%, fear down 12%, oil lower. But prices are still running and havens like gold and crypto protected no one today. What happened, why it matters and what to do — without chasing the rally.
The day the beat stopped being enough: Broadcom delivers the strongest quarter in its history — AI revenue at $10.8 billion (+143%), orders past $30 billion — and gets sold because its guidance, up 200%, misses the most aggressive expectations. At the other pole, crypto breaks the floor: Bitcoin at its lowest since February, down to 61,338 overnight, liquidations past $1.1 billion, the fear index at 11 and Cardano at a five-year low. In between, the first real de-escalation: a conditional Israel-Lebanon ceasefire and a 215-208 House vote against the war with Iran — Brent back against the Pretore’s stop. The Pretore flips volatility and gold upward (protection bought back), the Compass shifts to CONTESTED, SpaceX opens its $75 billion fixed-price roadshow. Tomorrow at 8:30 ET, the NFP referees.