Latest / The QuantAlpha Briefing
Jul 30 — Fed split, AI spending doubts, and a broad market drop
• The Fed held rates but three members dissented for a hike — a divided committee that rules out near-term cuts and rattled equities across the board • SK Hynix fell 19% after earnings and announced $31B in capex, dragging Micron, SanDisk, and Western Digital down more than 7% each on fears the AI hardware cycle is peaking • Trump and Netanyahu discussed a potential military strike on Iran, raising Middle East war risk with direct consequences for oil prices and Red Sea shipping lanes
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