Oil above $100 flips Fed from cuts toward a hike as Big Tech cash flow disappoints

Brent crossed $100 on the US–Iran conflict and a 1969-low jobless print pushed money markets to price a September hike, while Alphabet and Tesla's cash-flow-negative quarters wiped roughly $888 billion off the seven largest tech names

Deepakshi

Kristal Research & Marketing team

24 Jul2 min

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