Traded ValueCooling CPI boosted sentiment, but the real story was the shift in sector leadership and capital flows.
IBM's selloff reinforces that AI spending is shifting toward chips, memory, and infrastructure rather than software.
Leadership from SK Hynix, Nvidia and semis suggests AI capex remains strong despite near-term pressure on software.
ASML and TSMC earnings are the next key catalysts to confirm whether this AI infrastructure trade still has momentum
☕️ [Task Coins Giveaway] Daily Market Talk — Cool CPI Lifts Chips, IBM Craters 25%
Inflation finally broke the market's way. June CPI cooled hard to 3.5%, the biggest monthly drop in six years, gutting July hike odds and sending chips flying. But it was a split tape: JPMorgan and Go...
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