Hey everyone. I grabbed a triple espresso at the café and sorted out what's really moving the portfolio this week. News flies, but money likes silence. Let's get straight to what matters.

1. Trump boosts semiconductors: Apple + Intel in the US

Fact: Trump announced that Apple (AAPL) and Intel (INTC) have closed a deal to design and manufacture chips on American soil, sending Intel shares up more than 10%.

I Would Buy INTC at the open. The chip onshoring move is structural and pulls Intel out of the strategic hole it was in. Apple guarantees captive demand.

Affects: INTC (Intel), AAPL (Apple), SMH (Semiconductor ETF), AMAT (Applied Materials).

2. SpaceX flies solo: Record IPO and a US$ 22.7 trillion market

Fact: SpaceX (SPCX) surged 30% after the largest IPO in history, becoming the sixth-largest company in the US, and identified a US$ 22.7 trillion enterprise AI market.

I Would Buy SPCX on any dip. The "AI within the empire" thesis is concrete – they have government contracts and satellites that generate data no big tech can replicate.

Affects: SPCX (SpaceX), PLTR (Palantir), MSFT (Microsoft), defense and aerospace sector.

3. Bitcoin exits "extreme fear" and gains momentum

Fact: The US-Iran agreement reduced global risk aversion, and Bitcoin (BTC) rose above its yearly lows, leaving the "extreme fear" zone.

I Would Hold BTC and top-tier altcoins, but not increase positions now. The geopolitical truce is positive, but still-high interest rates limit explosive upside.

Affects: BTC (Bitcoin), ETH (Ethereum), COIN (Coinbase), MSTR (MicroStrategy).

4. Cuba opens its economy: Agriculture, tourism, and banking in focus

Fact: The Cuban prime minister announced historic reforms that privatize a large part of the economy, opening agriculture, tourism, and the banking system to foreign private investment.

I Would Maintain caution, but keep an eye on companies with exposure to the Caribbean (hotels, logistics). It's a long-term "Cuba play," but regulatory and sanctions risk is still extremely high.

Affects: Caribbean tourism sector, agricultural commodities (sugar, nickel), Latin regional banks.

5. Brexit takes its toll: UK lost 6% of GDP

Fact: Data from the Bank of England shows Brexit cost the UK 6% of its GDP, a hole that keeps growing.

I Would Reduce exposure to UK domestic stocks (FTSE 250). Weak Pound (GBP) and pressured domestic consumption. I prefer global companies listed in London, like BP or Unilever.

Affects: GBP (Pound), FTSE 250, British retail sector, local banks (LLOY, Barclays).

6. Julius Baer bets on AI in East Asia

Fact: Swiss bank Julius Baer selected Japan, South Korea, and China as favorites for the second half of 2026, with AI leading the markets.

I Would Buy ETFs of Asian indices, such as EWJ (Japan) and EWH (Hong Kong/China). The trade war might generate noise, but capital flow to AI in the region is real.

Affects: EWJ (iShares MSCI Japan), EWH (iShares MSCI Hong Kong), TSMC (Taiwan Semi), Samsung (005930.KS).

Immediate opportunities

• Buy INTC: Apple as an anchor client and domestic production changes Intel's game. The price still doesn't reflect the new valuation.
• SPCX on dips: If it falls 10-15%, it's an opportunity to enter Musk's empire with a more realistic post-IPO valuation.
• Asian ETFs (EWJ, EWH): Capital flow to AI and Chinese reopening. The Swiss bank hasn't been far off on this thesis in recent years.

Risks on the radar

• Slow Brexit effect: The 6% GDP figure is a reminder that the UK will bleed slowly. Avoid British small caps.
• IPO bubble: SpaceX rose 30% in days. Is the market drunk on liquidity? Watch out for violent corrections.
• Iran still uncertain: The deal brought relief, but the Middle East remains a powder keg. Oil could spike again.