WS #13187
No material new developments in the last 30 minutes. The dominant themes (AI trade rebound, Fed hold, US-Iran escalation) remain unchanged with no new data points or counter-signals.
Topics
Key developments
- Hyperscaler earnings and memory crunch trigger massive chip rally
- Fed holds rates with 3 dissents favoring hike; core PCE at 3.4%
- US-Iran conflict escalates: attacks on US bases, Egypt drone strike, Trump threatens 'very hard'
- Coldcard wallet vulnerability drains ~$38M BTC but market impact muted
- Apple reports record June quarter revenue but China sales miss; memory shortage weighs on guidance
- Meta stock drops on disappointing guidance and dwindling free cash flow