TMTB Morning Wrap

Good morning. QQQs +1.4$; BTC +1%; yields ticking up again. Futures being driven by IWM (+1.75%), Mega caps (MSFT/AMZN/GOOGL +1.5%+) and AI Semis which are being helped by top line SMCI guide, which implied much better Hopper revs in 2H. Travel names down following ABNB miss + weaker DIS parks revs….

We’ll go over early morning earnings first (SHOP, LYFT…