Good Friday Market Snapshot
and unveiling our top picks within the "AI Revolution" theme
📅 Markets Take a Breather for Good Friday — But the World Keeps Spinning
Today, 18 April 2025, Wall Street hits pause for Good Friday. Both the NYSE and Nasdaq are closed, suspending all trading ahead of the Easter weekend. While the screens may be dark, the global headlines certainly aren’t taking a break.
On Thursday, markets closed mixed as investors digested ongoing trade tensions and a gloomy economic outlook from Fed Chair Jerome Powell—swiftly countered by President Trump. The S&P 500 inched up 0.1%, the Nasdaq slipped 0.1%, and the Dow dropped 1.3%, dragged down by a 23% plunge in UnitedHealth (UNH)—its worst one-day drop in 25 years.
What happened? The healthcare giant missed earnings and cut its 2025 outlook, citing rising medical costs and surprise shifts in Medicare Advantage reimbursements. Analysts warn that insurers could face tighter margins going forward—especially as policy and demographic pressures mount.
Meanwhile, Nvidia weighed on market sentiment after revealing $5.5 billion in quarterly expenses—linked to U.S. export restrictions on its H20 chips to China and other regions. The stock has dropped 6.71% over the past five trading days.
The market remains volatile—but our Insider Portfolio continues to hold steady. 🔍 Last week, we explored our positioning and opinions around the De-globalisation theme.
📌 This week, we turn our spotlight to one of our core convictions: the AI Revolution—and share fresh insights on our holdings, plus new trade ideas you won’t want to miss.
