WS #13606
No material new developments in the last 30 minutes. The dominant narrative remains the weak July jobs report and its dovish implications for Fed policy, with no counter-signals or de-escalation to report. All other items are stale or noise.
Topics
Key developments
- US July jobs report shows 23K job loss, slashing September rate hike odds
- Strait of Hormuz tanker traffic falls to zero; US halts Saudi oil imports
- Damodaran warns Microsoft, Amazon, Meta, Google overinvesting in AI
- SpaceX upgraded to Buy by Argus, rallies 17% in five days
- Cloudflare (NET) surges on Q2 beat and multiple PT raises
- Atlassian (TEAM) jumps 30% on strong cloud demand
- Airbnb (ABNB) raises revenue forecast, hits four-year high
- Meta fined $942M in New Mexico for failing to protect minors