WS #13490
Fed Governor Cook signals readiness to raise rates if disinflation stalls, with inflation risks outweighing job market risks, corroborating Kashkari's hawkish stance and raising September hike odds. Strong beats from WDC, SNDK, EBAY, APP, MSI, MCK, CPAY, FIG; misses from DUOL, BMBL, TLN, FWRD, CLFD; notable guidance changes. GOOGL falls on AI leadership shakeup while META launches AI coding agent and NVDA wins space AI pact, creating divergent MAG7 signals. Trump preparing tariffs on imported polysilicon to boost domestic production; E.l.f. Beauty benefits from $50M tariff refunds.
Fed Hawkish Tilt
Fed Governor Cook signals readiness to raise rates if disinflation stalls, with inflation risks outweighing job market risks, corroborating Kashkari's hawkish stance and raising September hike odds.
Strong beats from WDC, SNDK, EBAY, APP, MSI, MCK, CPAY, FIG; misses from DUOL, BMBL, TLN, FWRD, CLFD; notable guidance changes.
GOOGL falls on AI leadership shakeup while META launches AI coding agent and NVDA wins space AI pact, creating divergent MAG7 signals.
Trump preparing tariffs on imported polysilicon to boost domestic production; E.l.f. Beauty benefits from $50M tariff refunds.