cloud

I expect short-term profit taking due to technical resistance and concerns about near-term pressure caused by heavy capital expenditures and data center investments to support rapid cloud expansion. Expect a volatile trading day for the stock as usual.

Capital Economics: Noted that Warsh delivered a "far clearer- and hawkish-message" than markets expected. They emphasized that while a hike isn't guaranteed, the door is wide open for a September rate increase if economic growth stays strong and core PCE price data remains firm