WS #10570

The data dump is overwhelmingly dominated by sports betting, spam, and routine political primary results, with very few actionable market signals. The only notable development is the ongoing weakness in Alibaba (BABA), which broke below $100 again overnight, down 4.3% to $100.07, driven by a weak yuan fix (weakest since June 8) and a Taiwan stock selloff. This reinforces the bearish China tech narrative from the previous window. Separately, Australian inflation data showed underlying inflation hitting its highest level since 2024, which could pressure the RBA to tighten, but this is a regional data point with limited direct US market impact. The Asian tech rebound noted in the previous window (Samsung, SK Hynix) is not corroborated by new data in this window, so it is not carried forward. Overall, the window is low-signal; the BABA breakdown is the only development with potential to move US-listed China ADRs in the next 1-8 hours.