Welcome to Markets Desk, here's what's moving the conversation this Tuesday.
Citi is out with a bold long-term call on SpaceX, arguing the latest Starship launch brings the private space giant meaningfully closer to a nine hundred dollar share price target. The bank sees Starship as a structural catalyst across multiple business lines, and floats a potential valuation that could eventually approach twelve trillion dollars.
Shifting to streaming, Deutsche Bank is pushing back on the bears circling Netflix, and the argument is geographic. Analysts say domestic skepticism is causing investors to miss a compelling international growth story, one where subscriber gains abroad are quietly doing the heavy lifting that the U S market no longer needs to carry alone.
And in fixed income, bond markets are sending signals worth decoding. FT correspondent Robin Wigglesworth argues that Treasuries and global debt markets are quietly pricing in a more complicated picture around artificial intelligence, inflation, and government borrowing than equity markets seem willing to acknowledge. When bonds and stocks diverge in their assumptions, history suggests you listen to the bond market first.
That's the tape. Markets Desk, signing off the floor.
