Good morning, you're listening to Markets Desk.
Treasury yields are pulling back to start the week as bond markets brace for what could be a pivotal moment at Jackson Hole. Fed Chair Kevin Warsh is set to deliver the keynote, and investors are treading carefully ahead of it, with the rate path still very much in question and bond volatility keeping everyone on edge.
Shifting to equities, Shein is finally moving toward an IPO, but the story here is how much air has come out of that balloon. The fast-fashion giant has shed roughly seventy percent of its peak valuation after years of regulatory friction in both the United States and the United Kingdom, a stark reminder of how much the regulatory and geopolitical landscape has repriced growth-at-all-costs ambitions.
And in the technology space, Nvidia continues to command the conversation heading into two thousand twenty seven. With data centers now generating more than ninety percent of the company's revenue, the AI infrastructure buildout shows no signs of plateauing, and one longtime semiconductor analyst is putting it at the top of the conviction list as the next major spending cycle takes shape.
That's the tape. Markets Desk, signing off the floor.
