WS #12883

The dominant narrative remains the ESCALATION of the AI capex selloff, with Asian semiconductor stocks plunging sharply overnight. However, the raw data dump contains no new information on this theme; it is entirely composed of routine earnings calendar entries for the next several days. No breaking geopolitical news, central bank statements, or surprising corporate developments are present. The only item of potential interest is a denial by the Islamic Resistance in Iraq of strikes on Saudi oil facilities, which could slightly dampen oil supply fears but is low significance. The earnings calendar includes notable reports for tomorrow (July 29) after market close: MSFT (EPS est. $4.3274, rev est. $89.37B), META (EPS est. $7.3594, rev est. $61.37B), QCOM (EPS est. $2.2724, rev est. $9.86B), and others. These are scheduled events and not actionable until results are released. The AI selloff narrative from the previous window carries forward as it has not been refuted.