WS #13062
No material new developments in the last 30 minutes. The dominant narrative remains the forced liquidation of Aschenbrenner's fund and the subsequent tech rally, with no counter-signals or de-escalation to report.
Topics
Key developments
- Situational Awareness hedge fund liquidates entire public equity portfolio after AI losses
- Microsoft stock on track for biggest daily gain since 2008 after earnings beat
- US Q2 GDP slows to 1.5% vs 2.1% expected, core PCE at 3.28%
- 30-year Treasury yield tops 5.2% as Fed credibility questioned
- Drone strike on gas vessels in Egypt's Damietta port threatens Suez Canal
- Yen surges 3% to 157 range on suspected BOJ intervention
- Meta Platforms PT cut by multiple analysts after Q2 miss