Economy

Middle East Crisis  Economic Impact
Highest in 19 Years – US Treasuries in “Danger Zone”

The sell-off in US Treasuries continued on Tuesday and the yield on the heavy 30-year bond reached 5.2 percent, the highest level since 2007.

“US bonds are now clearly in the ‘Danger Zone’,” HSBC strategists write according to CNBC.

According to HSBC, interest rates have reached levels where basically all other assets such as stocks are coming under pressure.

At the same time, the market has shown resilience, partly because companies have reported robust profit growth, partly because valuations have already been adjusted for the Iran crisis, and partly because the market still believes that it will only affect oil, writes HSBC.

The market stress is not yet acute, Interactive Brokers chief strategist Steve Sosnick tells CNBC, calling the warning light that is on “yellow” rather than “red.”

Interest rates rise when demand and the price of bonds falls.

Volvo Cars' future
Volvo's fateful car is praised in the press: "A silent hit"

EX60 will save Volvo, Gothenburg and almost Sweden. Now the major Swedish newspapers have tested the electric car and they are largely lyrical.

Far into the review, Teknikens Värld writes that it is starting to resemble "an almost annoying tribute text, and unfortunately it must continue." Dagens industri calls the EX60 “a quiet hit” that can undoubtedly compete with competitors from BMW and Mercedes. Aftonbladet believes that the car steps straight into the hottest segment of the premium class and immediately impresses with comfort, driving feel and top-class technology.

But there are also clouds of concern, and a question mark that Teknikens värld raises is whether the EX60 actually works. For its big brother EX90, the answer has sadly been no, and owners have several years after launch and purchase

Open AI's future
Open AI moves forward with plans for an IPO

Open AI may apply for an IPO as early as Friday, sources tell the Wall Street Journal.

According to information provided to the newspaper, the company is preparing a prospectus that can be submitted to regulatory authorities by the end of the week.

If the plans go ahead, the AI ​​giant could be introduced on the Nasdaq stock exchange this fall.

has had problems with its cars, the newspaper notes. 

Report flood
Nervous ahead of Nvidia's interim results – double profit expected

The eyes of the stock market are turned to chip giant Nvidia and the quarterly report to be released on Wednesday evening, which in recent years has been considered the world's most important.

The company, which has become a symbol of the AI ​​boom of recent years, is expected to report revenues of almost 80 billion dollars for the period February-April. That is almost 80 percent higher than last year. Profits are expected to increase by around 120 percent.

Several analysts that CNBC has spoken to note that Nvidia's results could have a major impact on developments on Wall Street going forward.

The stock has risen almost 18 percent since the turn of the year and is up 62 percent in the past year.