WS #13602

From 500 msgs · 9 key-dev

No material new developments in the last 30 minutes. The dominant narrative remains the July jobs report and its implications for Fed policy, with no new data points or counter-signals to report.

Topics

Key developments

  • July US jobs report shows surprise contraction of 23,000, slashing September Fed hike odds
  • Iran considers law to restrict Hormuz transit, but Trump says war may end 'pretty soon'
  • Cloudflare (NET) surges ~12-16% on raised guidance, Airbnb (ABNB) jumps ~14-16% on strong Q2
  • The Trade Desk (TTD) plunges ~26% on downgrade
  • US nearly exhausted long-range precision missile stockpile during Iran war
  • Bitcoin tops $65,000 after weak jobs data, but CLARITY Act vote delayed to September
  • QuidelOrtho (QDEL) drops >25% after cutting full-year guidance on China headwinds
  • Nintendo shares jump 5% on strong Switch 2 software sales despite weak hardware