TMTB EOD Wrap
Good afternoon. QQQs +1.3% on a day where large cap (ex NVDA) led the way higher as AAPL +4% hit new all time highs for the first time since late 2024. Factor dispersion continues as Non-profitable tech/high short interest led the way higher while TMT Mo sold off.
Lots to get to, so let’s get to it…
INTERNET
AMZN +1.6%: A lot of people flagging this blog post, (thanks to Akhenosris in chat for flagging), which goes into Anthropic’s contribution to AWS. Unclear where the guy is getting his numbers but he says it’s based on “discussions with sources with direct knowledge of their AWS billing”. Key charts (thanks to RI in TMTB Chat):