lunaroglobal

  February 27, 2026 - US futures slide into the final session of the month as post-Nvidia rotation continues, while European indices hold constructively and media deal activity reshapes the entertainment landscape The last trading day of February arrives with US futures under modest pressure, the Dow leading declines at minus 0.58% as the week's post-Nvidia rotation continues to play out. Speculation has mounted that investors are shifting capital away from chips and data centre infrastructure toward software and data-oriented businesses. This rotation reflects a maturing stage in the AI investment cycle rather than any abandonment of the broader theme. European indices are holding up considerably better, with the FTSE extending its run of new highs and the DAX edging closer to its all-time high. Currency markets are quiet. The data calendar is thin but includes PPI and the Chicago Business Barometer this afternoon. Away from the macro, the week closes with a significant developm...

  February 26, 2026 - Nvidia's better-than-expected results failed to satisfy investors hoping for more, erasing an initial after-hours rally. Europe is pushing higher regardless, with the FTSE making new highs and the DAX advancing . Nvidia delivered the beat the markets had anticipated, but the reaction told a different and more complicated story. Equity futures climbed during the US session yesterday and continued ticking higher after the cash close as Nvidia's results cleared the consensus bar. The gains did not hold. After-hours selling reversed the move as investors concluded the results, whilst strong, did not meet the elevated expectations that had built up around shareholder returns. Salesforce compounded the disappointment, slipping on revenue that came in softer than hoped. The net result is that US futures are marginally lower this morning despite a week of building anticipation toward exactly this moment. Europe, characteristically, is following its own logic...

    February 25, 2026 - Chipmaker-led gains help US futures claw back the week's early decline, with Nvidia's earnings after the close set to define sentiment for the days ahead   Recovery is the theme of the morning. Major US index futures have reversed most of the losses accumulated at the start of the week, with chipmakers leading the way. AMD received a meaningful boost from news around AI chip supply deals, helping drag the broader technology complex higher and reversing some of the rotation-driven damage from Monday's session. Trump's 10% tariffs have formally come into effect, but markets appear to have absorbed the development without further distress, pricing it in rather than treating it as fresh news. The bigger event, the one that will define sentiment not just today but potentially for the coming week, arrives after the close: Nvidia reports.       The Tariff That Markets Had Already Priced Trump's 10% tariffs have now formall...