WS #13626
July jobs report shows 23,000 job loss vs +83,000 expected, reducing Fed rate-hike bets and boosting equities and Bitcoin. AMD acquires Taalas for inference silicon; OpenAI pauses Astra model over cybersecurity; strong earnings from Atlassian, Doximity, Cloudflare.
US Labor Market Contraction and Fed Policy
July jobs report shows 23,000 job loss vs +83,000 expected, reducing Fed rate-hike bets and boosting equities and Bitcoin.
AMD acquires Taalas for inference silicon; OpenAI pauses Astra model over cybersecurity; strong earnings from Atlassian, Doximity, Cloudflare.