Weekend Update 7/3/2025
Weekend Update recaps market highlights and major news from Ursa’s portfolio. Not on Ursa yet? Download Ursa from the App Store!
A 4th of July rally despite the #AI trade souring…
💼 Jobs report miss. June payrolls were only half of expected and May’s blowout was revised lower. Meanwhile, unemployment ticked lower, but was likely due to the falling labor participation rate. However, weaker #LaborMarkets is lowering #RateHikes expectations.
️🤖 AI weakness. The #AI trade attempted to rebound early week before sentiment soured again. The monetization just isn’t there yet. Yet another hyperscaler is looking to sell its extra data center compute power…
🔄 Market rotation. While the #AI trade fell, the broader market rose as the #Flight2Safety rotation continued. The S&P 500 ends up +2% for the week despite the #AI weakness.
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The statements, opinions and analyses presented here are provided as general information. This article is the opinion of the author. Anything within this article should NOT be considered an investment recommendation or advice. See Ursa’s full disclosures here.