Airbnb $ABNB bubble:

Japan has the best-performing big stock market this year, The U.K. has the worst-performing big stock market this year:

Stocks only go up*!

Mining Stocks Surge as Bitcoin Breaks Through $30,000 - Tokenist

Largest Cybersecurity stocks by market cap:

Amazon to invest $7.8B more in Ohio to boost data center operations. - **Amazon is looking at places in central Ohio for the planned data centers**

Amazon will boost its data center operations in Ohio as part of a massive new investment in the Midwestern state by the company's cloud-computing segment.

The ... See More estimated $7.8 billion investment from Amazon Web Services will go toward new data centers with "computer servers, data storage drives, networking equipment and other forms of technology infrastructure used to power cloud computing," according to a Monday press release from Ohio Gov. Mike DeWine’s office. It will do so before the start of 2030.

The newly announced move to up its Ohio data center operations will add to the $6.3 billion Amazon said it has previously invested in Buckeye State in the past seven years, bringing the total to a projected $14.1 billion.

The governor’s office said where the upcoming data centers will be constructed will be revealed "at a later date" once Amazon chooses from the "numerous" sites in central Ohio it has been considering. Franklin and Licking counties are home to existing Amazon data center campuses, according to the governor’s office and the company.

**AMAZON WEB SERVICES PLANS TO INVEST $35 BILLION IN VIRGINIA DATA CENTERS**

"This enormous capital investment further solidifies Ohio as the tech center of the Midwest and positions us for a bright future as cloud computing and artificial intelligence are more integrated into the economy and our everyday lives," Jon Husted, Ohio’s lieutenant governor, said in the release.
Ohio will see 230 direct jobs arise in connection to the $7.8 billion investment, per JobsOhio CEO JP Nauseef. On top of those new positions, he estimated it would also bring some 1,000 support roles to the state.

**AMAZON WEB SERVICES SUFFERS HOURS-LONG OUTAGE**

AWS’s workforce in Ohio last year included nearly 1,000 direct employees, according to the governor's office. In April, as Amazon reported its first-quarter earnings, it said over 1.465 million people worked either full-time or part-time for the company across the globe.

Amazon.com Inc

For the quarter, the company said its net sales came in at $122.58 billion total, roughly $21.35 billion of which came from AWS. Net income was $3.72 billion.

Amazon CFO Brian Olsavsky noted during the earnings call that AWS customers "continue to evaluate ways to optimize their cloud spending in response to these tough economic conditions in the first quarter." He also said the company was "continuing to invest in infrastructure to support AWS customer needs, including investments to support large language models and generative AI."


**AMAZON CEO SAYS COMPANY PLANS TO MAKE $15B INDIA INVESTMENT**
AWS saw $80.1 billion in net sales in 2022, marking a nearly 29% increase from the prior year.

What's next for markets after aborted Wagner mutiny leaves Russia's Putin weakened

Best Sites for Financial Research & Analysis - Question for the crowd - What is the best website for doing financial research and analysis that not many people know about?

I know most of the obvious ones, of which there are many. For example: TradingView, Yahoo Finance, MarketWatch, Investopedia, Seeking Alpha, ... See More Zacks Investment Research, Stock Rover, TheStreet, CNBC, Benzinga, S&P Capital IQ, Trade Idea, TipRanks, StockTwits, MetaStock, TradeStation, Barron's, AlphaSense (to name a few).

I feel like many of these sites provide the same tools, data, news, and analysis, and I'm looking for something different from the rest.

Enlighten me, please!

Cheers

Virgin Galactic Announces ‘Galactic 01’ Crew Onboard the First Commercial Spaceflight

J.P. Morgan Weekly Recap: 26 June 2023

Corporate profits have contributed disproportionately to inflation. How should policymakers respond?

More doomsday talk from Morgan Stanley’s Mike Wilson - Says Stock Risks Rarely Been Higher. Honest question- has this guy ever been right? - Morgan Stanley’s Michael Wilson says US equities are facing a wall of worry, which could fuel a sharp selloff in the near future.

Mike has called ... See More for a market slump in 2023 which has yet to materialize, sees the S&P 500 at risk of a near-term drawdown. He expects the benchmark index to end this year at 3,900 — about 10% below Friday’s close — before rising to 4,200 in the second quarter of next year.

“The headwinds significantly outweigh the tailwinds and we believe risks for a major correction have rarely been higher,” Wilson said in a client note on Monday.

Morgan Stanley is sticking with an outlook for earnings that’s below the market consensus, expecting S&P 500 EPS to be $185 this year compared with the average estimate of $220. Wilson said deteriorating pricing and top-line disappointment will drive the earnings misses.

In addition to profit risks, Wilson also reiterated the headwinds from deteriorating liquidity due to record levels of Treasury issuance and fading fiscal support. He expects value shares to outperform growth as investors turn to defensive sectors.

After rallying to the highest level since April 2022 earlier this month, the S&P 500 has been retreating amid concerns that the hawkish Federal Reserve will drive the economy into a contraction as it battles stubbornly high inflation.

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Exclusive: Deutsche Bank tells investors some of their Russian shares are missing

AI has sparked the biggest tech rally since the dot-com bubble of 1999. We all know how that ended, along with the real estate bubble of 2000s. What are your thoughts on this "AI bubble"?

Nasdaq fluctuations - Hi all. I was watching Bloomberg the other night and I noticed that in the after hours wi Nasdaq index goes up over 15,000 and then in the morning it goes back down to the 13,000s. This happens every night in the after hours session.

Then I noticed ... See More that the same thing happens on yahoo finance. I’m sure it happens elsewhere as well.

Does anyone have any idea what this is about? Obviously it doesn’t represent a true spike in the Nasdaq. I’ve attached a pic of what I’m referencing. Hoping someone here has an idea why this happens.

It’s crazy but even my broker friends and financial advisors have no clue why this happens and if it’s an error of some sort, why it hasn’t been fixed.

Thanks!