WS #13631
Weak July jobs report reduces Fed hike odds, fueling a tech rally with PLTR, NOW, QCOM, TSLA, NVDA leading; Atlassian and Appian surge on strong earnings. AMD acquires Toronto AI chip startup Taalas to boost its AI inference capabilities, intensifying competition with NVDA. New Mexico judge orders Meta to pay $567M for youth mental health public nuisance, adding to $375M penalty, a negative for META.
Tech rally on weak jobs data
Weak July jobs report reduces Fed hike odds, fueling a tech rally with PLTR, NOW, QCOM, TSLA, NVDA leading; Atlassian and Appian surge on strong earnings.
AMD acquires Toronto AI chip startup Taalas to boost its AI inference capabilities, intensifying competition with NVDA.
New Mexico judge orders Meta to pay $567M for youth mental health public nuisance, adding to $375M penalty, a negative for META.