WS #13127
Amazon's blowout AWS growth and Apple's guidance miss drive divergent mega-cap moves, with Microsoft's Azure strength reinforcing the AI-monetization trade. US 10-year yield hit 4.7388% (highest since Jan 2025) with hot ECI and rising consumer sentiment, reinforcing the Fed-hawkish narrative.
Mega-cap tech earnings bifurcation
Amazon's blowout AWS growth and Apple's guidance miss drive divergent mega-cap moves, with Microsoft's Azure strength reinforcing the AI-monetization trade.
US 10-year yield hit 4.7388% (highest since Jan 2025) with hot ECI and rising consumer sentiment, reinforcing the Fed-hawkish narrative.