WS #11159
Fed Chair Warsh reiterates hawkish stance, refuses forward guidance, emphasizes independence, and notes inflation risks have come down; incrementally negative for risk assets. Meta plans to sell excess AI compute via a new cloud business, directly competing with AMZN, MSFT, GOOGL; neocloud stocks CRWV and NBIS fall sharply.
Fed Chair Warsh Hawkish Remarks at ECB Forum
Fed Chair Warsh reiterates hawkish stance, refuses forward guidance, emphasizes independence, and notes inflation risks have come down; incrementally negative for risk assets.
Meta plans to sell excess AI compute via a new cloud business, directly competing with AMZN, MSFT, GOOGL; neocloud stocks CRWV and NBIS fall sharply.