WS #13135
Microsoft's record gain and Amazon's AWS beat validate AI capex, countering the AI-selloff narrative; TSMC raises target to $565. Apple falls 9%+ on supply constraints and services miss, but Tim Cook confirms Siri AI paywall via iCloud+—a new monetization signal. Leopold Aschenbrenner's AI hedge fund collapsed from $45B to ~$10B, with Citadel buying its portfolio—cited as a potential bottom for AI stocks.
AI/Semiconductor Rebound
Microsoft's record gain and Amazon's AWS beat validate AI capex, countering the AI-selloff narrative; TSMC raises target to $565.
Apple falls 9%+ on supply constraints and services miss, but Tim Cook confirms Siri AI paywall via iCloud+—a new monetization signal.
Leopold Aschenbrenner's AI hedge fund collapsed from $45B to ~$10B, with Citadel buying its portfolio—cited as a potential bottom for AI stocks.