WS #13221
Microsoft and Amazon surge on AI earnings while Meta and Apple decline, showing divergence within MAG7. Fed holds rates but 3 dissenters, market prices 57% chance of September hike, pressuring growth stocks. Samsung expects memory shortage to worsen through 2027, raising costs for Apple and others. Situational Awareness fund collapses from $45B to $10B on margin calls, adding to AI volatility.
AI trade split: MSFT/AMZN vs META/AAPL
Microsoft and Amazon surge on AI earnings while Meta and Apple decline, showing divergence within MAG7.
Fed holds rates but 3 dissenters, market prices 57% chance of September hike, pressuring growth stocks.
Samsung expects memory shortage to worsen through 2027, raising costs for Apple and others.
Situational Awareness fund collapses from $45B to $10B on margin calls, adding to AI volatility.