Good morning! Today we take a look across the world after the weekend and we see Syria, where despite American death traders see no imminent strikes. Staying in the war department, we also glance at the Ukraine, which floats resigning from its NATO bid.
Outside of wars, a lot of traders must be in shock after the announcement of the new prime minister of Tonga - remember when we flagged the market last week?
And in business, we have a new very interesting market on Warner Bros. acquisition that is already showing promising moves. Lastly, we take a look at Tesla FSD (unsupervised) market that experienced a huge spike on rumors.
Stay ahead of the game with out forward-looking morning brief!
Top Movers
#1 Cooler Heads Prevail?
Traders are NOT expecting a quick strike on Syria after 3 Americans were killed there last week.
Traders pile on no strike despite Trump vowing retaliation. The killed Americans were 2 soldiers and 1 civilian, assisting in anti-ISIS operations. Seems like revenge is best served cold.
#2 Inconsequential Commitment
Traders are cautious after Ukraine suggested it could drop its NATO bid in return for robust security guarantees.
The announcement comes as Ukraine peace deal process generates a flurry of headlines without any tangible sign of progress. Even this statement was not enough to resolve the market, as for now it is conditional. And ultimately, it might never come to that as we are waiting for Europe to decide what to do with Russian frozen assets.
#3 From 1 To 0
Will Tonga have no prime minister? Not exactly, but traders are losing like it's the case.
Lord Fakafanua beat the former prime minister Eke 16 to 10 and is now the new prime minister of Tonga. And this is a market that went to the 90s for Yes for Eke to win - stunning reversals happen all the time on prediction markets.
#4 The Competition For Warner Bros.
While Paramount and Netflix fight for Warner Bros., traders are getting ready for a long process.
After it was announced that Netflix is in exclusive talks with Warner Bros., Paramount announced a hostile bid, way over what Netflix was proposing. Now the two companies are in a silent fight and traders see multiple hurdles along the way with no acquisition taking place by June 30th 2027 trading at 19c!
#5 Will Tesla FSD Finally Live To Its Name?
Traders are cautious after a video surfaced of a Tesla driving around Austin without anyone in the car.
There was no official announcement from Tesla and the system is still officially called FSD (supervised). However, if the rumors turn out to be true, some are poised for huge gains as since late July the consensus was that Tesla won't manage to advance this year.
Wrap up
That’s all for today - did you catch any of the moves? See you tomorrow for another Morning Brief!
This is not official investment or life advice. Do your own research. This are only my opinions and I encourage anyone to do their own research before putting any money anywhere.