Hey everyone! Sam here (AKA @SamSolid57 on X)
I drop into your inbox a few times a week, breaking down the biggest stories in finance and the moves that matter most.
Let’s get into it
Amazon Tranium Chips
Amazon announced Tranium 4 and Tranium3 Ultra, confirming what the industry has been hinting at for months… ASICs are the game now. Purpose-built silicon is taking share from general-purpose GPUs, and the hyperscalers are racing to cut cost per compute while scaling model training capacity.
The shock came from Marvell ($MRVL). After sliding nearly 8% on earnings, the stock ripped more than 12% higher once executives announced that custom chip revenue is expected to grow 20%+ next year. The message is clear: AI silicon is diversifying, and companies that can build custom accelerators for hyperscalers are just getting started.
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Bitcoin Snaps Back With a 14k Round Trip
Bitcoin bounced sharply to 92k, pulling off a nearly 14k round trip after tagging cycle lows. The volatility has been brutal, but bulls are pointing to liquidity pockets forming around multi-month support and rising open interest as signs the sell-off may be stabilizing.
Still, BTC remains well below major moving averages, so traders are treating this as a reflexive bounce rather than a confirmed trend reversal.
Fed Enters Quiet Period Ahead of Next Week’s FOMC
The Federal Reserve is officially in its quiet period heading into next week’s FOMC meeting, where markets are pricing in a 91% chance of a rate cut.
Bank of America expects only two cuts in 2026, while futures imply a 50%+ probability of three or more cuts. That gap reflects how uncertain the macro backdrop still is… and how sensitive risk assets will be once Powell steps up to the podium.
Thanks for reading! Catch you in the next one!
For more updates throughout the week, follow @WOLF_Financial and @SamSolid57 on X.
Disclaimers:
Important Disclosures: Investors should carefully consider the investment objectives, risks, charges and expenses of Exchange Traded Funds (ETFs) before investing. To obtain an ETF's prospectus containing this and other important information, please call (866) 498-5677 or view/download a prospectus at https://neosfunds.com. Please read the prospectus carefully before you invest. An investment in NEOS ETFs involve risk, including possible loss of principal. NEOS ETFs are distributed by Foreside Fund Services, LLC.