WS #14015
Flat July PPI reinforces soft inflation, boosting equities and lowering odds of a September Fed hike. Memory stocks surge on AI demand, while Cisco drops on margin concerns; Anthropic's IPO valuation speculation grows. Reports of delayed iPhone 18 launch and Apple's Siri licensing talks signal supply constraints and strategic shifts.
Soft Inflation and Fed Rate Expectations
Flat July PPI reinforces soft inflation, boosting equities and lowering odds of a September Fed hike.
Memory stocks surge on AI demand, while Cisco drops on margin concerns; Anthropic's IPO valuation speculation grows.
Reports of delayed iPhone 18 launch and Apple's Siri licensing talks signal supply constraints and strategic shifts.