WS #13341
Amazon crosses $3 trillion market cap on strong AWS growth and AI capex, reinforcing the AI infrastructure investment theme and lifting tech sentiment. Apple files new legal challenge against UK government's demand for iCloud backdoor, a regulatory and privacy issue with limited direct market impact but potential reputational implications. Palantir and AMD report earnings tonight/tomorrow with options implying ~9-10% swings, creating high event risk for tech and AI-related names.
Amazon $3T market cap and AI rally
Amazon crosses $3 trillion market cap on strong AWS growth and AI capex, reinforcing the AI infrastructure investment theme and lifting tech sentiment.
Apple files new legal challenge against UK government's demand for iCloud backdoor, a regulatory and privacy issue with limited direct market impact but potential reputational implications.
Palantir and AMD report earnings tonight/tomorrow with options implying ~9-10% swings, creating high event risk for tech and AI-related names.