🚀 Meta & Microsoft Spark AI Frenzy

Big Tech is doing all the heavy lifting and everyone else is just along for the ride.

😎 Market Vibes

Welcome to the final market day of July, where Big Tech is doing all the heavy lifting and everyone else is just along for the ride. Meta and Microsoft blew the roof off earnings, sending futures soaring and traders scrambling to price in a full-blown AI boom. Meme stocks? Ghosted. Inflation? Still annoyingly sticky. Rate cuts? Not if Powell keeps his poker face. Buckle up - Apple and Amazon report after the bell, and this market still has fireworks to light.

🧠 AI-fueled FOMO with a side of rate denial

  • 🔒 Core Inflation Sticks Around: Core PCE, the Fed's favorite inflation gauge, rose 0.3% in June, keeping the annual rate around 2.8%. That's a tad too hot for comfort and probably explains why Powell's still dodging the rate-cut party invite.

  • 🚀 Meta & Microsoft Spark AI Frenzy: Meta surged 11% and Microsoft popped 8% in pre-market trading after smashing earnings estimates, fueled by surging demand for AI tools and cloud services. Wall Street's betting big that enterprise AI is no longer just hype - it's revenue reality.

  • 📈 Futures Glow Green on Big Tech Tailwinds: Nasdaq-100 futures jumped 1.4%, with the S&P 500 and Dow gaining 0.9% and 0.2% respectively, as strong earnings from Meta and Microsoft sent risk-on signals across markets. Bulls are charging into the last day of July with AI-colored glasses.

  • 🤡 Meme Stock Mania Fizzles Hard: Retail trading volume in meme favorites dropped significantly, according to Vanda Research. With institutional money crowding into big-cap tech, it's looking like the retail casino has closed early - for now.

  • 🔥 Global Trade Tensions Simmer Again: U.S. trade officials are sprinting to wrap a North American pact, while tariffs flare with India, Brazil, and South Korea adjusting limits to dodge penalties.

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💸 Trade Talk

Meta and Microsoft just invited investors to the AI party - now it's Amazon and Apple's turn at today's closing bell. If those don't deliver fireworks, the AI hype train might skip a beat.

🧠 Big Brain Energy

📊 Perfect record week shattered
The S&P 500 cooled off a bit on July 29, ending an epic six-day streak of record highs with a 0.3% drop after U.S.-China trade talks hit a wall and investors prepared for the Fed on July 30. Trade deadlock is now pinning hopes on earnings to sustain momentum.
Mood: "Even the market needs a timeout sometimes."

🧨The Outrage Meter

Why pay attention to Skworl's old meme‑stocks when institutional big money is circling mega‑caps with AI bets? SoFi and friends dominated headlines earlier, but the big money's on Meta and Microsoft now. If retail doesn't follow suit soon - yawn.

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🤔What Do You Think?

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