Wall Street starts cautiously into the second half of the year – Nasdaq under pressure as the semiconductor rally meets Michael Burry's spectacular AI crash bet against NVIDIA and Tesla – Fed's interest rate concerns weigh on gold – Bloom Energy quintuples its Brookfield deal while Nike collapses under a gloomy outlook and the DAX lethargically wrestles around the 25,000 mark

USA & MACRO-OUTLOOK The Wall Street opens the second half of the year with the brakes on The S&P 500 slips 0.01%, while the tech-heavy Nasdaq 100 is significantly weaker with a decline of 1.15% – a clear signal that investors are becoming increasingly selective with highly valued growth stocks. The focus is on comments from Fed representative Kevin Warsh, who will speak at a conference in Portugal alongside other central bankers. Traders are looking for clues in his statements about the future interest rate path, as speculation has...