WS #13223
Microsoft and Amazon surge on strong AI-driven earnings, while Meta sinks on weak guidance and cash flow collapse; AI trade is splitting between winners and losers. Fed holds rates but three dissents favor hike, markets price >57% chance of September hike, 30-year yield at 2007 high, pressuring growth stocks. Samsung warns memory shortage to worsen through 2027, raising costs for Apple and others, while hyperscalers' AI capex balloons to $765B in 2026.
AI trade divergence: MSFT/AMZN vs META
Microsoft and Amazon surge on strong AI-driven earnings, while Meta sinks on weak guidance and cash flow collapse; AI trade is splitting between winners and losers.
Fed holds rates but three dissents favor hike, markets price >57% chance of September hike, 30-year yield at 2007 high, pressuring growth stocks.
Samsung warns memory shortage to worsen through 2027, raising costs for Apple and others, while hyperscalers' AI capex balloons to $765B in 2026.