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The Tech Sector Celebrates the Comeback of the AI Trade, While Chip Giants Rebound After the AI Sell-Off – Microsoft Surpasses the $100 Billion Mark With Its Azure Cloud for the First Time, and Samsung Multiplies Its Chip Earnings by 250 Times – But the Bond Markets Rebel Against Fed Chair Kevin Warsh and Push the 30-Year US Yield to Its Highest Level Since 2007, While the DAX Holds Just Above 25,500 Points
USA & MACRO-ENVIRONMENT Wall Street stages a powerful comeback …, after brave bargain hunters step back in following the recent sell-off. The Nasdaq 100 jumps +2.70%, recovering most of the losses that had recently pushed it into a technical correction. The S&P 500 also rises by +0.89%....