WS #13656
July nonfarm payrolls fell by 23,000 vs +83,000 expected, reinforcing dovish Fed expectations; gold and Bitcoin rallied, S&P 500 hit record high. Phillip Securities downgraded Apple to Sell due to supply constraints and rising memory costs, with multiple analysts cutting price targets. Amazon is building a massive gas-fired power plant (7.65 GW) in Texas to power AI data centers, highlighting AI-driven energy demand.
Soft US Jobs Report and Fed Dovishness
July nonfarm payrolls fell by 23,000 vs +83,000 expected, reinforcing dovish Fed expectations; gold and Bitcoin rallied, S&P 500 hit record high.
Phillip Securities downgraded Apple to Sell due to supply constraints and rising memory costs, with multiple analysts cutting price targets.
Amazon is building a massive gas-fired power plant (7.65 GW) in Texas to power AI data centers, highlighting AI-driven energy demand.