FICO monopoly broken, Aussie slides on soft CPI, Carnival sails higher.
Commentary, three times a day. It is not investment advice, not a recommendation and not an offer to trade. It can be wrong, and it is written without knowledge of anyone's circumstances.
Markets are rotating out of crypto and into select equities driven by strong earnings and structural shifts. Trade the idiosyncratic stock catalysts while fading the Aussie on dovish inflation data.
4 this session
0.6975 −0.2% 24h
The RBA's 25bp hike to 4.60% was overshadowed by a soft August CPI print, unwinding hawkish bets and leaving the Aussie vulnerable.
$617.87 −26.5% 24h
The FHFA's decision to mandate VantageScore alongside FICO for government-backed mortgages breaks a three-decade monopoly, structurally impairing FICO's pricing power.
$25.11 +13.4% 24h
Carnival delivered a market-beating Q3 with record revenues and raised its full-year guidance, demonstrating strong pricing power and resilient consumer demand.
$14.45 +31.5% 24h
Iovance raised its 2026 revenue guidance by nearly 60% year-over-year, signaling accelerating commercial traction for its newly approved cancer therapies.