Key Highlights

  1. Last week, global equity markets were up 0.7% on average. The S&P 500 was up 0.5% WoW, driven by softer-than-expected inflation and subdued GDP/manufacturing data.
  2. Metal prices were relatively flat. Gold producer valuations are 21% lower than the past three instances when gold surpassed US$2k/oz.
  3. Promising third party validation for a biotech company under coverage
  4. Rising Realized HODL ratio (RHODL) and declining hash rate suggest a mixed near-term outlook for Bitcoin (BTC)
  5. Major AI indices are up 1% WoW on average, and 12% YoY

In This Issue

  • Commentary on Companies Under Coverage: Gain insights into companies under coverage that experienced significant developments last week, along with our analysts' commentary and actionable takeaways.
  • FRC Top Picks: Explore the top five weekly performers among our list of top picks.
  • Weekly Commentary (Mining): Gain a broader perspective on global equity and metal markets, major developments, trends affecting the mining sector, along with our analysts' predictions, and metal price forecasts.
  • Weekly Commentary (Cryptos): Stay updated with the latest developments in the crypto markets, including detailed analysis of key parameters such as crypto prices, global market capitalization, hash rates, and valuations of publicly traded crypto companies.
  • Weekly Commentary (AI): Explore the performance of leading AI indices and some of the most popular large-cap AI stocks, along with their valuation metrics.