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📊 AI Market Summary | Software Leads, Hardware Still Mixed The broader market held onto its macro-driven rebound, with $SPY (+1.5%), $QQQ (+1.9%), and $SOXX (+0.7%) finishing higher. Lower oil prices and easing AI cost concerns continue to support cloud and software names, while hardware remains more selective. 🔹 $SNDK (+6.8%) One of the strongest hardware performers today, reversing from pre-market weakness to a solid gain. The move signals renewed buying interest, but broader storage participation is still needed to confirm a sustained recovery. 🔹 $WDC (-2.8%) Still lagging despite strength in parts of the memory sector, highlighting that investors remain divided on storage pricing and margin outlook. 🔹 $AMZN (+4.7%) Cloud continues to lead. Investors are rewarding companies where lower AI costs can translate into stronger usage, demand, and monetization. 🔹 $PLTR (+2.5%) Holding gains ahead of earnings. The focus now shifts to whether revenue growth and margins can justify continued software leadership. For now, the market continues to favor software over hardware. Hardware is improving, but the recovery is still selective rather than broad-based. Source: Reuters and company releases. $BTC $ETH $ETH #PalantirQ2Earnings #30YrYieldTopOrStart #USJapanYenIntervention