The Kobeissi Letter
Brazil 10-year bond yield jumps 300 basis points to 16 percent
Brazil’s 10-year government bond yield reportedly surged to about 16%, a one-day increase of 300 basis points. The move equals the scale of US...
Microsoft offers buyouts to 60,000 employees, 27% of workforce, to cut costs
Microsoft is offering voluntary buyouts to 60,000 employees to reduce costs during its AI-driven reorganization, according to Bloomberg, as relayed...
Brazil stocks plunge 30% and real falls 10% after Lula win
Brazilian equities reportedly fell nearly 30 percent and the Brazilian Real weakened about 10 percent following President Lula da Silva’s...
Anthropic files S-1 to list on Nasdaq under ANT
Anthropic filed an S-1 to list on Nasdaq under the ticker ANT. Markets expect the company to raise up to $100 billion at an equity valuation of...
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Meta will raise up to $95 billion via stock offerings for AI
Meta plans to raise up to $95 billion via stock offerings to fund AI development. This follows guidance to spend up to $145 billion in capital...
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Brazil stock market falls 20% after Lula da Silva reelection
Brazil’s stock market reportedly fell 20 percent following the unexpected re-election of President Luiz Inácio Lula da Silva, according to The...
Trump announces US will not strike Iran today
President Trump announced that the United States will not conduct a strike on Iran today.
The statement comes 48 hours after he said the United...
92% of GDX stocks fall below 50-day average, highest since late July
Gold miner breadth indicators show widespread weakness: 92% of GDX constituents trade below their 50-day moving average, the highest share since...
Memory ETF DRAM posts $2 billion October outflows, largest since launch
The Memory ETF DRAM is experiencing sustained outflows and price pressure alongside a broader pullback in memory chip plays.
Flows and withdrawals...
Liquidations hit $200 million in an hour as Bitcoin slips below $80,000
Bitcoin and Ethereum dropped sharply as an estimated $200 million in leveraged positions were liquidated in under 60 minutes. Bitcoin fell back...
Markets see 34% chance US crude above $110 by month-end
A reported 34% probability now implies US crude oil prices could exceed $110 per barrel by month-end, while Brent crude sits less than 2% below a...
Brent crude price climbs above $117 a barrel on US-Iran strike fears
Brent crude oil moved above $117 per barrel for the first time since March 19. The price is $2 below this year’s high. The driver: market fears that...
Tech sector shed 135,000 jobs in 2026 across 330 firms
US corporations announced broad layoffs in 2026 across multiple sectors. The tech sector reported 135,000 layoffs across 330 companies. Stated...
Spot gold falls below $4,000, 15% down from August 25 high
Spot gold fell below $4,000 per ounce for the first time since July 29 as US–Iran tensions escalated. The price is down 15% from the August 25 high....
Brent crude hits $115 per barrel, highest since May 4
Brent crude oil rose above $115 per barrel for the first time since May 4. The price is now less than 4% below the March 9 peak associated with the...
