WS #13690
July jobs report shows -23k jobs, triggering bond rally and record highs, but Fed remains focused on inflation, reducing odds of near-term rate cuts. Apple integrates Alibaba's Qwen AI into Mac Siri for China to counter market share losses, a positive for AAPL but reflects competitive pressure. Microsoft to lease 3+ GW of AI data center capacity from SpaceX, signaling massive AI infrastructure investment and potential revenue acceleration. New Mexico court orders Meta to pay $567 million fine for child safety failures, adding to regulatory pressure.
Weak Jobs Data and Fed Policy
July jobs report shows -23k jobs, triggering bond rally and record highs, but Fed remains focused on inflation, reducing odds of near-term rate cuts.
Apple integrates Alibaba's Qwen AI into Mac Siri for China to counter market share losses, a positive for AAPL but reflects competitive pressure.
Microsoft to lease 3+ GW of AI data center capacity from SpaceX, signaling massive AI infrastructure investment and potential revenue acceleration.
New Mexico court orders Meta to pay $567 million fine for child safety failures, adding to regulatory pressure.