WS #13126
No material new developments in the last 30 minutes. The dominant themes (AI trade bifurcation with AMZN up/AAPL down, US-Iran escalation, Fed hawkishness) remain unchanged with no new data points or counter-signals.
Topics
Key developments
- Amazon (AMZN) surges ~13-14% on Q2 blowout: AWS +37%, net income +245% to $62.6B
- Apple (AAPL) plunges ~8-9% on weak guidance due to supply constraints, heading for $460B wipeout
- Iran strikes two tankers under US escort in Strait of Hormuz; strait nearly closed, oil prices spike
- Two Fed dissenters (Hammack, Kashkari) publicly advocate rate hikes; Logan prefers quarter-point increase
- UK Budget date confirmed for October 28, with focus on fiscal discipline