WS #13993
US July PPI flat, core +0.2% m/m, jobless claims rise; market sees lower odds of Fed hike, supporting equities and pressuring yields. Accelerant acquired by Thoma Bravo (+44%), Coherent beats and raises, Salesforce upgraded, Tesla union action suspended, X-Energy gets up to $1B DOE funding, OPKO raises $125M from KKR. AI-driven memory shortage ('chipflation') raises electronics prices; Anthropic IPO could value at $2T; Microsoft combines Copilot apps; DeepSeek raises AI prices.
US macro data and Fed expectations
US July PPI flat, core +0.2% m/m, jobless claims rise; market sees lower odds of Fed hike, supporting equities and pressuring yields.
Accelerant acquired by Thoma Bravo (+44%), Coherent beats and raises, Salesforce upgraded, Tesla union action suspended, X-Energy gets up to $1B DOE funding, OPKO raises $125M from KKR.
AI-driven memory shortage ('chipflation') raises electronics prices; Anthropic IPO could value at $2T; Microsoft combines Copilot apps; DeepSeek raises AI prices.