WS #11322
June nonfarm payrolls miss at 57K vs 115K expected, easing rate hike fears; Bitcoin ETF inflows surge, BTC above $61,600, European stocks close higher. Meta plans to sell excess AI compute as cloud service, threatening CoreWeave and Nebius; CPPIB invests $1.75B in EQT AI infrastructure.
Weak US Jobs Data & Fed Pause Narrative
June nonfarm payrolls miss at 57K vs 115K expected, easing rate hike fears; Bitcoin ETF inflows surge, BTC above $61,600, European stocks close higher.
Meta plans to sell excess AI compute as cloud service, threatening CoreWeave and Nebius; CPPIB invests $1.75B in EQT AI infrastructure.