WS #11161
No material new developments in the last 30 minutes. The dominant narrative from the previous window (Meta Compute launch, Fed Chair Warsh comments, ISM data) remains unchanged with no new data points, counter-signals, or de-escalation events. The AI infrastructure buildout theme continues to drive market dynamics, but no fresh signals warrant updating the assessment.
Topics
Key developments
- Meta launches 'Meta Compute' cloud business, stock surges 9.4%
- ISM Manufacturing PMI misses at 53.3, but Prices Paid drops sharply to 73.0
- Fed Chair Warsh: Fed will remain independent, rate policy is key tool
- Trump made over $1B from crypto in 2025
- Bitcoin ETF outflows hit record $4.5B in June