Home Market Outlook Today's Market Summary Equity markets have rallied sharply despite the unresolved Strait of Hormuz closure and deteriorating macro indicators. Chipmakers like Intel, NVDA, and AMD have driven the rally, but supply chain risks from helium and commodity disruptions remain. Hyperscalers face surging AI infrastructure costs, negative free cash flow, and future net income headwinds from rising depreciation. Expectations for Fed rate cuts have evaporated, with rising inflation and commodity prices increasing the risk of a potential rate hike if prices continue to move higher. The article highlights three key assumptions investors are making within this 'Hopium' rally and what could go wrong around these scenarios. Looking for a helping hand in the market? Members of The Biotech Forum get exclusive ideas and guidance to navigate any climate.…