EconVerse

Stacker_Stocks

Core inflation fell to 2.5%, in line with expectations of 2.5%.

Core inflation is now at its lowest level since March 2021.

Interest rate cuts are back on the agenda.

![](https://m.stacker.news/130323)

US CPI inflation fell to 2.4% in January, below the 2.5% forecast.

Automotive demand for NdPr could jump 83% to 38.7kt between 2024-30, according to Bloomberg.

Permanent magnet motors dominate EVs due to higher efficiency.

Integrating ~2kg of rare earths improves efficiency by 2-5%, allowing for smaller and cheaper batteries – relevant since the battery represents ~50% of the vehicle cost.

Global EV sales continue to grow, with China leading but other markets gaining market share.

The rare earth thesis is: growing structural demand with few suppliers outside of China.

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![](https://m.stacker.news/130321)

EVs are the biggest source of demand growth for rare earths.

Walmart currently has a much higher P/E ratio than Amazon, even though Amazon's revenue has grown (and surpassed) Walmart's decline much more.

![](https://m.stacker.news/130186)

![](https://m.stacker.news/130187)

Walmart trades at a higher P/E than Amazon despite slower growth

Charles Schwab, Raymond James, and LPL fall sharply after startup Altruist's tool gains traction.

The movement shows what's happening in the financial sector: tools that previously required specialized consultants are being rapidly automated.

Wealth management seemed protected by relationships, but AI is democratizing sophisticated strategies.

The synchronized fall of the main players indicates that the market is seeing real structural risk.

If Altruist delivers equivalent results at a low marginal cost, the traditional model needs to reinvent itself quickly.

![](https://m.stacker.news/130123)

Wealth management stocks plummet amid fears of AI disruption.

Nvidia leads with a P/E ratio of 39.5x and an ROE of 77.2%.

Apple maintains a P/E ratio of 32.9x with an ROE of 140%, but growth of only 8.9%.

Tesla is an extreme outlier: P/E ratio of 201x with an ROE of 7.9% and growth of 3.9%.

Amazon and Meta trade near the median (22-23x).

Amazon prioritizes growth (17.1% CAGR), Meta balances profitability (ROE 26.9%) and growth (17.7%).

Which one do you choose?

![](https://m.stacker.news/129924)

Big Tech companies trade at very different multiples.

This would be the largest volume since 2021, when the market raised $115 billion.

The recovery is significant after the collapse of 2022-2024, where the IPO market practically dried up. In 2025, only $38 billion was raised.

The projection reflects expectations of improved risk appetite and a favorable window for companies that postponed IPOs in recent years.

The backlog of mature companies waiting for the right timing is substantial.

Now that's a booming market.

![](https://m.stacker.news/129913)

Goldman Sachs sees 120 US IPOs in 2026, raising $160B in capital.

The movement isn't recent, but it has accelerated significantly since 2020.

While Treasury holdings fell from over $1 trillion to $682 billion, gold reserves rose to record levels above 74 million ounces.

The message is clear: diversify away from dollar-denominated assets and reduce exposure to US debt.

Considering trade and geopolitical tensions, this trend is likely to continue.

Other emerging market central banks are following a similar trajectory.

De-dollarization is happening slowly, but it is happening.

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China is rebalancing reserves: gold at highs, Treasuries at 18-year lows.

The historical correlation between the DXY and 10-year rates is broken.

Traditionally, a strong dollar accompanies high yields. But since mid-2024, the DXY has fallen significantly while yields have remained high at around 4.5%.

This movement suggests that other factors are dominating exchange rate dynamics: capital flows to emerging markets, expectations of global monetary policy, and US fiscal issues.

![](https://m.stacker.news/129735)

The dollar has decoupled from Treasury yields.

Drops of 20-40% in the year reflect structural vulnerability, not just technical correction.

The dynamics have changed: AI agents are replacing entire products, not just assisting processes.

When execution has a marginal cost close to zero, the value captured by intermediaries evaporates.

The market is separating companies with real defensibility from those that were merely interface layers over automatable processes.

![](https://m.stacker.news/129514)

The software industry is facing a brutal reassessment.

The stock is 30% below its all-time highs.

The chart shows a complete cycle: the post-launch euphoria of ChatGPT led $MSFT to massive outperformance, but now we're back to exactly where we started in relative terms.

The question remains: is this sufficient capitulation or just the beginning of a deeper reassessment of the AI premium that has been priced into big tech companies?

Still high multiples suggest that the market continues to pay for future growth that may not materialize at the expected pace.

![](https://m.stacker.news/129513)

Microsoft has given back all its performance vs the S&P 500 since Nov 2022

The strong correlation between Bitcoin and the IGV (software/tech ETF) shows something important: this recent sell-off seems more linked to funding issues than to fundamentals.

The most likely hypothesis is an unwinding of carry trades.

Investors were taking out cheap loans in yen and investing in higher-risk assets seeking yield – software, crypto, even private credit.

The problem: when funding conditions tighten or volatility rises, all these assets start being sold at the same time, regardless of the fundamentals of each one.

![](https://m.stacker.news/129473)

funding — the unwind that puts pressure on Bitcoin and tech

Oil prices registered their first weekly decline since mid-December, while negotiations between the US and Iran in Oman brought some relief to the geopolitical risk premium.

The market is balancing two opposing forces: on one hand, tensions in the Middle East that have added a premium to prices.

On the other, concerns about oversupply and slowing demand.

Improved US consumer sentiment helped support prices, reducing fears of falling demand.

But the central question remains: will the easing of geopolitical tensions be enough to offset the fundamentals of oversupply? I don't know…

![](https://m.stacker.news/129471)

Oil prices register their first weekly decline since mid-December.

Uber, the American multinational technology company that operates a global digital mobility platform, closed the fourth quarter of last year with a net profit of US$296 million, according to data released this Wednesday (February 4th) by the company itself.


The result for the period between October and December 2025 represented a 96% drop compared to the fourth quarter of the previous year.

In the fourth quarter, Uber reported revenues of US$14.36 billion, a 20% year-over-year increase. According to the company's financial report, the number of trips grew by 22% during the period, reaching 3.8 billion.

The number of monthly active users on the platform, in turn, registered an 18% increase compared to the same period of the previous year, to 202 million.


According to Uber, adjusted net income was $0.71 per share in the last quarter of last year. This result fell short of market analysts' estimates, which were around $0.85.

For the first quarter of this year, Uber projects adjusted net income per share between $0.65 and $0.72.

For the full year 2025, Uber's net income totaled $10.05 billion, representing a 2% increase compared to 2024. Revenue was $52 billion, an 18% year-over-year increase.


In addition to releasing its quarterly results, Uber announced a change in the company's finance department.

The company's new chief financial officer will be Balaji Krishnamurthy, who will replace the current holder of the position, Prashanth Mahendra-Rajah. He will leave the post on February 16th.

The current Uber chief financial officer will remain with the company until July 1st, serving as a senior advisor in the finance area.

Uber earns US$296 million in Q4, but sees profits plummet 96%.

The average daily volume of gold and silver options traded by individuals in 2026 is already 6.6 times greater than the entire year of 2023.

This activity surpasses any year since 2020 by at least 300% and reached an all-time high last month.

When retail trading accelerates like this in options, it's not a good sign.

![](https://m.stacker.news/129173)

Retail euphoria in precious metals

Google, Microsoft, and Meta, each on their own, are expected to spend close to or even exceed the total combined investment of 2023.

We are witnessing the story of tomorrow's technology.

![](https://m.stacker.news/129172)

Hyperscaler capex could jump from $140B in 2023 to ~$885B in 2027.

A 66% CAGR and long-term contracts that provide rare visibility in tech.

Impressive.

![](https://m.stacker.news/129087)

Few believed a decade ago Google Cloud's backlog could jump from $11B to $243B.

After flirting with $90/oz, silver fell as much as 17% and has now retreated more than a third from its all-time high in January.

Leveraged flows, excessive calls, and thin liquidity created the typical "feedback loop" of an overstretched market.

With interest rates still on the radar and monetary policy uncertain, metals remain volatile.

![](https://m.stacker.news/129013)

Silver returns in days what took months to climb.

Bitcoin (BTC) is already down ~40% from its peak, and sentiment has shifted to "extreme fear."

Spot ETFs are experiencing strong inflows and outflows, while the market questions its role as a safe haven.

If $72,000 doesn't hold, the risk is testing $68,000 or even revisiting 2024 lows.

Many people will not return to the game.

![](https://m.stacker.news/129007)

Bitcoin in capitulation mode.

Argentina's country risk has fallen to its lowest level since 2018, with sovereign spreads approaching the range historically associated with market access.

After years out of the game, investors have once again priced in the normalization of credit, driven by macroeconomic adjustments and post-Milei political signals.

Bonds have already ranked among the best performers in the emerging world over the past two years.

The next step is to test demand structurally.

If an issuance occurs, the barometer will be cost, maturity, and real appetite, not just a "technical trade".

![](https://m.stacker.news/128721)

Argentina returns to the global credit radar.

Gold and silver suffered a violent correction after one of the biggest rallies of the decade, with drops of up to 10% in gold and 30% in silver in just a few days.

The movement exposed an excessively congested market, leveraged via ETFs and derivatives, where many investors were already "with one foot out."

The macro narrative remains alive, but the adjustment was technical and related to positioning.

From here, the behavior of Chinese demand after the Lunar New Year holiday should be decisive in determining whether the correction becomes an opportunity or a regime change.

![](https://m.stacker.news/128557)

The price of leaving a crowded trade.

The discussion at the Fed is less about when to cut rates and more about where the neutral interest rate lies.

With signs of higher productivity and a resilient labor market, policy may already be close to neutral in real terms.

If that's the case, the scope for aggressive rate cuts diminishes, and the Fed tends to rely much more on activity data than just inflation.

![](https://m.stacker.news/128528)