WS #13651
Weak July jobs report (payrolls -23K vs +80K est) cut September rate-hike odds to ~42-44%, driving S&P 500 to record close and Treasury yields lower. Trade Desk missed revenue and guided weak Q3; Warner Bros. Discovery revenue missed with linear ad down ~30%—bearish for adtech and media. Apple captured 65% of the global premium smartphone market in H1 2026, up from 63%—positive for AAPL. Meta ordered to pay $567M in New Mexico over child mental health damage—negative but manageable headline.
Dovish Fed repricing
Weak July jobs report (payrolls -23K vs +80K est) cut September rate-hike odds to ~42-44%, driving S&P 500 to record close and Treasury yields lower.
Trade Desk missed revenue and guided weak Q3; Warner Bros. Discovery revenue missed with linear ad down ~30%—bearish for adtech and media.
Apple captured 65% of the global premium smartphone market in H1 2026, up from 63%—positive for AAPL.
Meta ordered to pay $567M in New Mexico over child mental health damage—negative but manageable headline.