📉 AMD jumped 19% this week. Strategy fell 13%. The AI trade is splitting
Weekly moves through Friday, Nov 13 (Eurasia Business News):
🔹 Up: AMD +18.93%, Broadcom +18.16%, Astera Labs +16.32%
🔹 Down: Strategy −13.43%, Nvidia −12.75%, Nebius −10.51%
What stands out:
🔹 The big indexes still finished the week higher: S&P 500 +2.5%, Nasdaq +2.3%, Dow +2.1%. Friday was weaker, with the Nasdaq down 0.91%
🔹 Strategy, the best-known Bitcoin treasury company, has its average cost near 75,456 per $BTC . With Bitcoin near 67,000, it's sitting below that line
🔹 The 10-year Treasury yield moved toward 5.15%, and markets are pricing a Fed hike at the Dec 8–9 meeting
Next week's big test: Anthropic's IPO, reportedly targeting a valuation of around 1.33T USD or more, with trading expected Thursday (WSJ, via Eurasia Business News).
Money isn't leaving AI. It's rotating inside it. The question is whether any of that rotation reaches crypto.
Which do you think recovers first: Bitcoin or Nvidia? 👇
(Not financial advice)
📷 Photo: Anne Nygård / Unsplash
Weekly moves through Friday, Nov 13 (Eurasia Business News):
🔹 Up: AMD +18.93%, Broadcom +18.16%, Astera Labs +16.32%
🔹 Down: Strategy −13.43%, Nvidia −12.75%, Nebius −10.51%
What stands out:
🔹 The big indexes still finished the week higher: S&P 500 +2.5%, Nasdaq +2.3%, Dow +2.1%. Friday was weaker, with the Nasdaq down 0.91%
🔹 Strategy, the best-known Bitcoin treasury company, has its average cost near 75,456 per $BTC . With Bitcoin near 67,000, it's sitting below that line
🔹 The 10-year Treasury yield moved toward 5.15%, and markets are pricing a Fed hike at the Dec 8–9 meeting
Next week's big test: Anthropic's IPO, reportedly targeting a valuation of around 1.33T USD or more, with trading expected Thursday (WSJ, via Eurasia Business News).
Money isn't leaving AI. It's rotating inside it. The question is whether any of that rotation reaches crypto.
Which do you think recovers first: Bitcoin or Nvidia? 👇
(Not financial advice)
📷 Photo: Anne Nygård / Unsplash
