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Zaid Admani

๐Ÿ‘ค Speaker
3215 total appearances

Appearances Over Time

Podcast Appearances

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

That's why aluminum futures are surging up more than 4% today.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

And the metal is now up 10% higher than where it was before the war started.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

And that's why investors are piling into Alcoa with shares up 10% this morning because it's one of the largest aluminum producers in the world.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

And it stands to benefit from tighter global supply and higher prices.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

Now, on the flip side, Avis is down this morning, giving back some of the gains from last week's monster rally where the car rental stock jumped 48%.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

A big reason for the rally last week was the chaos at US airports from the partial government shutdown.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

TSA agents are working without pay.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

A bunch reportedly called out or straight up quit.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

And that led to brutal airport wait times at airports across the country.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

That wait time probably scared away some flyers who probably chose to drive instead.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

And as a result, Avis was a benefit.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

Now, there still is a partial government shutdown, but President Trump did sign an executive order over the weekend to pay TSA agents.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

That's taken some air out of the Avis trade, and traders are probably cashing in on the massive run-up from last week's run.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

Shares of Avis are down around 7% this morning at the time of this recording.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

Let's wrap the show with a fun fact.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

Sony is raising the prices of the PS5 again.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

Prices of all the PS5 models are going up.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

The digital version is going from five hundred dollars to six hundred dollars.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

The disc version is going from five fifty to six fifty.

The Rundown
Eli Lilly Bets Billions on AI Drugs From China, Private Credit Panic Grows

And then the PS5 Pro is getting the biggest price increase, jumping from seven fifty all the way up to nine hundred dollars.